Neil Hauger
Lost my earnest, lost the deal. Buyer walks away un-scathed!! :-(
Today I learned a hard lesson. I thought I had a deal done. All cash offer on full asking price. Purchase agreement was signed. Earnest money was to be deposited with my Broker. Instead, the buyers agent said, "i...
Penny T.
Property Manager sent a bill for 7K + for smoke damage in unit
We've rented from the same property management company since 2006, and were in our last unit for 7 years. Smoking was not prohibited, in fact when we specifically asked if there were smoking/non-smoking units, we wer...
Adam Stroik
Screening Applicants...what would you do?
Greetings All,I have a SFR opening up in a couple months and started accepting applications. I had one applicant with a domestic abuse on his background check. The incident occurred almost 20 years ago. what are y...
Kylene Heykants
Offer Accepted - Due diligence under way on SFH with two separate dwellings
Hi BP community,
I recently got an accepted offer on a SFH in Alberta, Canada that has two separately metered legal suites. I'm currently performing due diligence with the property and need some advice. The property...
Dennis Johnson
Finding investors for syndication
Viewing all the forums and talking to various people, how can a person attract potential investors to his or her opportunities, talking to friends and family is good for small investments that makes since but if you h...
Kayla Burchfield
LLC for Rental Properties
I am a beginner and in the process of creating my business plan. When creating an LLC, will I need to create an individual LLC for each rental property? (I do not currently have rental property, but am getting my duck...
Michael Finkelshteyn
Clearing title with dead trustees and heirs
I've been working on a deal in Texas that seems to have reached a dead end and I don't know what else to do. I was contacted by the seller who did not know if he had equitable interest in the house due to the situatio...
Account Closed
Corss-Collateralization and Blanket Mortgages
Does anybody know of a good read to better understand cross-collateralization and blanket mortgages?
I get the basic idea of offering more than one property as collateral for a loan, and have actually done a loan wit...
Sage Jankowitz
DO NOT CALL list
What's the deal with the do not call list? If I find a property that has the potential to be a good wholesale property, can I call up the owner and tell them my interest. I'm talking no FSBO sign, no for rent sign, ju...
Christopher Goldie
Licensee Ethics
Question, I recently placed a property under contract. The owner calls the day before closing wanting out. 2 days later I see the property listed on the MLS. At this point I have not agreed to release the owner from o...