Bilal A.
Seller asking for break in price after option period
Hello BP members,
I am in need of some advice on a property that I'm in the process of buying. We are past the option period and the loan is already underwritten and approved by my bank. All addendums have been signe...
Liz Boer
VA primary residence limitations
My husband and I bought our first SFH in November 2017 in Socal with the VA loan. I understand we have to live in it as a primary residence for at least one year but are there limitations with actually living in the h...
Jonathan Tang
Buying multiple properies with 1 seller how to structure deal?
Hello BP,Just asking for some advice. I have a seller who Is wanting to sell 5 properties as a bundle. This five properties are all right next to each other and makes an "L" shape. What makes the deal a little more co...
Mindy Jensen
Big Island Volcano Eruption: Does Insurance Cover This?
I would assume that insurance would exclude volcano eruptions. All these people being displaced from their homes in Leilani Estates, even if their home isn't destroyed, it's definitely gone down in value.Does insuranc...
Nick Benhoff
Part Time Real Estate Agent??
Hi there!I have been floating the idea in my head of becoming a part time real estate agent in the near future (6 months - 1 year). I have seen pros and cons for becoming a part time agent, but wanted the opinions of ...
Jacek Blaszczyk
How to figure out vacancy rate? michigan
Hi all, one thing I've always been confused about is how people figure out vacancy rates. Is this something discussed among other landlords or is this a metric that can be googled? I live in Canton, Michigan still t...
Minnae Chabwera
Fully Occupied Multi-Family Properties
Hi BP,I am in Tucson and was wondering if I purchase a MFR that is fully-occupied with the intent of moving into the property, how would I go about doing so?
Elizabeth P.
Two fires in Six months - eviction rights?
Hi Everyone! I have a duplex in California and one of the tenants lit the oven on fire last November... called the fire department, but there was no damage. Her insurance company picked up the tab for a safety check ...
Darryl K
Condo issues other than reserves.
Other than worrying about how much a condo association has in reserves, what other issues do I need to worry about? :groovy:
Linda Pena
Negotiating with Lender on REO
I came across a property that a client saw and went to check it out on the MLS. The property was not on the MLS yet, and I found out that the property was an REO. Being that their was a paper on the window of the pr...