When assigning a Lease Option I would:Letter of intentLease agreementOption to purchase agreementBetween seller and I, then:Assign to end buyerCollect option fee and step out of deal. Since it is not considered down p...
All I need you help and advise. I have a tenant that has about 6 months left on her lease.But there has been nothing but problems since she moved in.
Before she moved I replaced the hot water heater with a new one. S...
I'm super confused as to the pros and cons of each of these entities. I don't have money of my own to invest with so I am starting out by Wholesaling. I've taken a class and have been made aware of 3 options I can s...
Hi fellow BP'ers! So My husband and I are at the very beginning stages of getting our investing career going! We just created an LLC to flip and wholesale out of. We don't need any of the money we will be making fr...
Hello fellow agents!I wanted to see if anyone else does this with their willing seller clients, and what the mechanics of the contract would involve.Instead of the seller repairing and staging the home the way they wa...
Hi all,My tenants is looking to have a roommate move in with her. I am having the new roommate go through the usual application process (background/credit checks, application form). My question revolves around the sec...
I made an offer on an REO (bank never responded, so we were planning to resubmit) and then the agent discovered an inspection report that shows evidence of termites.
Has anyone here ever just lowered their offer amou...
Hello,As a realtor, I come across deals off market and I don't always have the funds to buy them myself. These people just want 'their number' and don't want it on the market. So I'd like to 'buy' their home, market i...
All:My good friend (and business partner) and I master leased a college student rental property with an option to buy about 3 years ago. We have 2 years before the expiration of the option. The current cash flow on th...
My daughter is currently residing in my upstairs unit, along with a roommate. The roommate has a scheduled surgery for a dislocated shoulder, I was told the boyfriend pushed the roommate out of a moving vehicle. I tol...