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One of the most frequent posts in the forums is a recommendation request for an agent or hard money lender. While these requests are against our rules due to the self-promotional responses they generate, we realize th...
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I have been listening to the podcasts for the last 2 years and joined the forums last year, but life has kept me from diving in with both feet. So I am finally getting around to introducing myself!I got into real est...
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Hello Biggerpockets. I'm actually writing this post for a friend. She has a basement rental and drew up an agreement for the rental. She has a holding deposit and contract states that if property is taken off the mark...
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Due diligence is "scary" and time-consuming, I've seen people ask "how to do due diligence" so I thought I would share “my method” after 12+ years as a consultant.
I'll like to start by giving you my thoughts on wha...
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GOAL: Purchase a sub 100k single or multi-family turn key property in IN, or FL for long term cash flow, (appreciation is a cherry on top) before Dec. 31st 2019. (this will be my first rental property and I could fina...
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I'll preface this by saying that I know that I need to get legal advice and will do so before taking any action. This situation is on a short time fuse and I need any useful information I can get.We purchased an NPN w...
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I'm trying to come up with some rebuttals to use when a motivated seller wants to go through a realtor instead of selling directly to a buyer. So far I know I have no commission, no need to have multi showings, and ...
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I have a question about California contract how it works. I put an offer on the one commercial property. it is a dual representation(same agent for buyer and seller). the seller accepted the offer. I deposited the mon...
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I'll preface by saying - I will speak with a lawyer and lender for the legal options but wanted to see if people had experienced anything like this firsthand.6 months ago, a partner and I closed on a Single Unit Multi...
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I am considering doing my first deal via the BRRRR model, however instead of rehab I want to build new (Duplex). $500K asking price with $275K land value & $203K home value (will be torn down). It's a hot area wit...