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Hello allI have a scenario i need advice on. I found an abandoned property while driving for dollars. I was able to get in touch with the owner and they are willing to sign it over for $1000. The catch is that there...
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Hey BP Members!I currently have a property under contract and just had the inspection done last week. There are a couple major issues, one being that we need a complete re-pipe of the units. I initially wanted to go i...
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Concessions are a great way to make buying a home less expensive. There are a couple of ways you can use concessions and a couple of ways to get the seller to offer them. Here is an overview of concessions.
If you ...
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Hello everyone! I am flipping my first property and negotiating with a few vendors to get better pricing (cabinets and countertops etc.) How do others go about negotiation? Do you negotiate at all when it comes to cho...
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Hey BP,I've recently put a triplex until contract and had the inspection done a week ago. Afterwards, we discovered that along with other minor maintenance issues, the roof needs to be replaced. The seller on the prop...
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I recently started my investment journey and have been making offers on places with the "home run" price in mind. I would love to hear what has brought others the most success. Making the offer at the home run price? ...
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Hello all, i currently own a 50 unit apt building so I have a good idea about the business however I can't seem to properly value my next deal. Here's the basic details : (mom & pop run) 58 unit, occupancy is 80%,...
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Contact me if you would like to practice negotiating with sellers and have an accountability partner. We will meet once a week via Skype in order to:*practice talking to sellers and handling objections (give and rece...
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I’m a bit of a newbie….I’m in contract on a property and have already completed the inspection. There are several things that need to be done including the roof, foundation and deteriorated subfloor. I’m asking for a ...
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THIS WILL BE OUR FIRST HOME PURCHASE (3 CO-OWNERS). WE ARE REMOTE BUYERS. THE SELLER HAS A REPAIR COUNTEROFFER.We're not sure how to proceed, any advice would be greatly appreciated.
About the house: It's in Tampa, a...