Hi BP, Exciting times here in Florida. I am under contract for a triplex in gainesville, FL! Thats the good news, purchase price is $125K, rents currently are $550 per unit and market rents are around $650-$700 per un...
Hello fellow REIs,I have a quick question on Earnest money check deposit on a property in Texas. Per TREC contract, Earnest check has to be deposited within 3 (business) days. My question is - if the contract is termi...
I have a contract with a seller for their property. I have opened escrow and my Title Company is moving forward. This is a cash transaction with closing Dec 27th per seller request. In conversation with the seller tod...
Hi,I am a new investor in the Louisville market and interested in selling homes through owner financing. Does anyone have experience with doing so? Not sure if Kentucky has specific laws prohibiting such sales? I do k...
As a Realtor, here is what I’m planning to do to assist my clients who do not have credit, yet they have a good chunk of the money needed to purchase a home.
1. The seller creates a Trust and deeds the property to th...
What happens with the mortgage that is in place in a contract for deed when the seller dies?
How do you protect yourself, or the end buyer (when wholesaling)?
Any input would be greatly appreciated :)
We bought a small house for cash a few years ago. Then I learned that my husband is not all that excited about being a landlord and fixing up the house was not a priority. So it sat empty and we mowed the lawn and p...
I am compiling a list of the contracts needed to buy a property AS IS in every state. In Florida we use the FAR BAR AS-IS Contract. Which contract do you use in your state?
One listing agreement and 6 purchase contracts in one working week! That is a record for me and hopefully it correlates to more closed transactions at the end of the year. # of contract Details:Bigger Pockets: 29%Zi...
I'm looking over the standard agreement for the sale of real estate for a turnkey property I am buying in Philly. Its the form used by the Pennsylvania Association of Realtors, and seems pretty straight forward. Shoul...