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...
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 ...
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 ...
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...
Julie Groth
language in Wholesaler contract
I just had this happen which is why I'm posting this. Had a house under contract with seller. Then, had my investor buyer under contract. Seller backed out. My buyer understands. BUT...made me think that I needed lang...
Shari Posey
First time in 10 years--tenant not paying! Need advice
We have a young family renting a condo from us. They have been there since 2013. They were late in April and May and we charged them the late fee. They were late again in June and my husband talked to them and it was ...
Chad Zaback
Seller advertised seller financing then changed their mind.
I'm a little frustrated at this last deal I've been working on. I'm working with an experienced broker that specializes in finding SF houses for investors who buy/fix/sell them. Over lunch one day I shared my vision o...
Ernad D.
Buying from a wholesaler - feedback needed
Hi BP community,A wholesaler is selling a property in a good area that I am interested in, but have never bought from a wholesaler before. Here is the info from the wholesaler:EST ARV $95,000 EST REPAIRS $9,000 EST M...
Fabiola F.
Fractional condo ownership - pros & cons
I'm considering the acquisition of a batch of rental condos from a single owner with about 40% ownership of the total number of units within the condo bldg. The batch has significant NOI with immediate opportunity to ...