Brian Gibbons
Negotiating with Home Sellers - Avoiding "Let me think it over."
The upfront agreement - the second step in negotiating with home sellersWell the upfront agreement was designed to avoid some things.What would you want to avoid in a sales presentation?The classic "thank you but I wa...
Johann Jells
Can lower rent actually get you better qualified tenants?
My wife has this theory that lower rent actually gets you better qualified tenants, on the premise that since they're more desirable but often just as frugal as anyone else they can stand out from the field and get th...
Ashlee Fazio
Using security deposit as last months rent
I have a tenant who is very unhappy who is breaking their lease 6 months early. She is insistent on using her security deposit as last months rent. I have told her that is not acceptable and would be considered nonpay...
John Adamkewitz
How do I word offer when entity does not exist yet.
Hi BP,
I'm working on an offer to purchase an REO property, financed on commercial money. The property will be purchased and held in a yet to be formed, entity between Myself and one partner. In Wisconsin an ...
Greg Schuricht
First applicant, first property
First applicant for my first property just arrived. 1BR/1BA condo, has been on the market for roughly 40 days with no serious inquiries until today. I'm thinking the reason I haven't been getting any hits has to do ...
Chase Metzger
Starting a Real Estate Portfolio
First I'm very thankful for any helpful advice. Location: Omaha, NEMy wife of 5 years and I have 3 young children and have lived in our mortgaged home for 4 years. We have a FHA loan and put down 3.5%. We purchased ...
Jonathan Lilly
Creative Financing
At what point does it become necessary/beneficial to consider creative financing options? For my first SFH purchase I should have 20% to put down, so would it even be beneficial to consider a different type of financi...
Matt Hernandez
Potential deal, but potentially delusional seller.
Hey guys, I am looking at a multifamily deal in the Columbus OH market. At first glance, this deal has potential. Here is some important information32 UnitsClass C property in a B neighborhoodA block from nice shoppi...
Mark N.A
Satellite Dish Problems. Any Advice?
The local satellite dish company has been installing dishes on my rental roofs WITHOUT my express permission. They say my tenants claimed to have my permission, and that if I have a problem with the installation (rig...
Dev Penna
renting Section 8 property
I plan to buy and qualify a SFH for Section 8 rental. Once the SFH qualifies for Section 8, can I still rent it out to non-Section 8 tenants? In other words, should Section 8 property only accept Section 8 tenant? Tha...