I acquired a single-family home in the Bronx, NY. The current tenant and former landlord do not have a lease or official amount for payment. To give some back story, the tenant was a family member of the former owner....
I need some clarification on using the BRRRR strategy. When you make the initial purchase of a property using this strategy, must it be done buying it cash? OR can the property be acquired using a conventional mortgag...
Hello BP Community!I am a budding buy and hold investor in San Antonio, Texas. Wanting to buy SFR.When buying properties (non-mls, no agents) i gather i need to use the standard TREC forms for 1-4 Family Residential...
I was contacted by a real estate agent who says she specializes in finding fixer uppers for her clients. She says that she helps her clients find the property, helps with estimating costs and resale value, and she al...
It's been a rough week and it's only Monday. A deal that was going rather smoothly is now slowly falling apart and I'm a bit frustrated at how it has played out. I put under contract in late June a house that I plan o...
As potential buyers in NYC are we supposed to handle the current owner of the property a copy of the inspection certificate considering that we pay for it?
Any help out there?
My wife and I are looking into purchasing rental property. This is new to us but, we are really getting interested. In the near future we would like to purchase ourselves a new home as well. My question would be "how ...
Hello everyone, I know that I will need a lawyer to look over and tweak my contracts. I've never worked with a lawyer before and I don't know what to look for. So I have a few questions that I hope someone will be abl...
I’ve had my license for about a year but delayed starting due to covid. I got my first buyer last month...we looked at three houses...he put an offer on one and we got it. There were 8 other offers and we got it due t...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $480,000
Sale price: $1,080,000
This was a new construction project that I took on in 2021 and finished in mid 2022...