I think I am close to an agreement to purchase six properties from the same seller. They are approximately 30% below market value.
My husband and I would each purchase three properties in our own names, to minimize t...
Hi all,
I am a new wholesaler looking for some insight on a short sale opportunity. The seller and l are meeting on Saturday to view the property and she has positively indicated that she will sign my contract. She...
In contract to buy a duplex. Really 2 side by side semi-attached SFRs and got a 65% surprise in closing agency fees over estimate - the day after I drop off contracts and escrow check to settlement agent. The title i...
Well, we did it! Finally! My partner and I closed a few weeks ago and we received a signed lease 21 days after closing. The deal was an interesting one that fell into our lap. My neighbor couldn't sell his house after...
Hi everyone,We're working on an offer for our first investment property (a duplex)! At the moment, we're unsure of the terms of the current leases. I'm wondering if we ask for an estoppel agreement in our offer? Befor...
We are Tony and Kim. We just joined BP and this is our first post! We listened to many of the BP books for years prior to getting into the business of real estate. Kim is a Nurse and I just started working full time m...
Yesterday morning, I was planning on having an easy week working on my business in Brooklyn.By yesterday afternoon, I realized I needed to fly down to South Carolina to look at deals.Today, I boarded the early flight ...
What are some easy ways or rule of thumbs to estimate costs when you analyze a buy and hold property? It could be a website, or a percentage of the property or rent price, or a fixed price, etc.Please use the followin...
Hi friends,I'm closing on a property soon where I'm inheriting a tenant who's been living there for over a year. There's no written agreement or lease; the tenant is paying about half of market rent currently (I thin...
Very excited, we just went into contract on our second flip house this year. The first house was also in Woodland Park. This one is a HUD house, with a smaller margin but not bad for this market. It was built in 1950,...