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something I hadn't thought of but I'm assuming when you negotiate a contract you have to work in closing costs details. how is it normally done on property you are going to assign? buyer pays all closing costs? I have...
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Give the seller (or the buyer) the freedom to say “No.”This is written from the perspective of an investor with the intent to get a great deal on a property. This sales strategy, rooted in psychological reactance, als...
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I keep going back and forth on pros and cons for each but I’m looking for everyone else’s advice as well as I tend to over complicate some things. Should I keep saving and invest in a B class neighborhood? Local marke...
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Ok basically, I found this investor that has like a 500M budget, and buys properties in NYC. So basically right now I'm bird-dogging for him, but I'm having a hard time find stuff. What should I do? He's offering me a...
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Hi
In Australia, we have a "Landlord Insurance" policy that costs approx. $250 p.a. with approx. $200 excess per claim, and covers the Landlord against Malicious Damage & Rent Default.
(A totally seperate policy...
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Hi BP folks,
I could use some more experienced eyes on this.
I bought a fully rehabbed "turnkey" property from a turnkey provider in a Midwest city 7 months ago. A tenant moved in 5 months ago. I just got a notifica...
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Looking for notes for best niches and strategies for no experience investors. Preferably options with little to no money down. Suggestions and warnings welcome.
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We have a Co-op apartment that used to be our primary residence but now being kept as a rental. We are debating whether to sell it now to take advantage of the 2-out-of-5-year rule on capital gain tax exclusion, or to...
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I own and operate a successful business and I'd like to branch off into real estate as a passive investor, possibly in syndication. I have money to invest but I don't want to spend my time doing things like scouting f...
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We recently had a guest from New Jersey who arrived on July 23rd and was booked until August 6th. He was a difficult guest from the start and very needy! After they were there for 12 days and also tried to have addi...