Michael Baradell
Lease Option - Purchase agreement needed??
Hey guys,I have gotten mixed reviews on this, so I would like to see BP's thoughts on it. On a lease option, I will have my lease and a separate contract that will give the TB the option to purchase and also disclose ...
Jon Huber
Jan 1st lease? Should I do a 6 month?
I am purchasing a property that is about to close mid to late-November. I will need a couple of weeks to get it rent ready, so it should be good to go by mid-December. I doubt anyone is moving in around Christmas, so ...
Jeremy Fields
Preparing an Attractive Lease Option offer
I have a townhouse owned by an out of state landlord that is up for sale through a wholesaler. The wholesaler would like to persuade the owner on a lease option purchase and has asked for me to send an offer over. Wha...
Anthony Vatsula
Repossessing a Mobile Home in California
I bought a MH for one of my sisters to live in. Turns out she couldn't move into it so I sold it. I took 1K down pmnt and made an agreement with the buyer that if he paid me 11K for the unit total I'd sign over titl...
Manuel A.
How to Protect EMD in this Hypothetical
Is it possible to protect my EMD in this scenario:
Say I put in an offer for house x and it was accepted along with my EMD. (May be wrong on how that works as I haven't done so yet, but I'm assuming this is how it go...
Marco DeOliveira
Need help flipping homes
Hi everyone I'm new here and I can't even tell you how very glad I'm to have found this site.I want to use RE investing to fund my retirement.I live in Pasco county which is near Pinellas county and Tampa Bay.I have t...
Harry Campbell
How to Handle Small Cosmetic Issues
I have a tenant 1.5 years into a 2 year lease. So far so good, had a few issues came up but handled them and everything has been fine.He recently brought up two issues with me though and I'm not sure exactly how to h...
John D.
Strong rental, but tough to finance....part stick part manufactured
Hi All- I'm under contract on an unusual REO. This 4 bed, 3 bath house with 2 car garage, on 2.5 acres, is in great shape and needs near zero work. New roof, septic, well, home inspection, everything checks out ...
Carl Dieckmann
Pulling Permits after the fact
Hey guys, looking for whatever advice you can provide. I'm in Travis County, NW of Austin. I have a flip I'm about to close on with amazing views and good numbers once renovated. The house has an appraised sq footage ...
Mandi Martinez
Looking to purchase a rental, not sure how to raise rent...
Hello all! First let me ask that you don’t bite my head off, I’m new to REI. I have done two flips but would like to purchase a multi- family unit. I have found a duplex but it is currently occupied and both tenants a...