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What’s the best way to draft a purchase agreement without realtors? I’m attempting to buy a house from an elderly family friend who would like to sell the house to me. We aren’t involving agents, and I need to draft a...
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What is your opinion on providing a list of comps to the appraiser when you meet them at the property? I want to do everything I can to help the appraiser and get a fair valuation,but I also don't want to offend them ...
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Hi everyone,I'm a new investor from a small town in Maryland. Just wanted to touch basis with some current investors in the Hagerstown & Montgomery County area! I just wanted to know if anyone had some tips for me...
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When, if ever, do you depart from the 70% rule in making your max offer on a property?
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Hey All,
So I am about to put an offer on a REO property. It is in good condition from the looks of it. Problem is and I'm not sure how to go about it is that the building has an "open permit" and no certificate of...
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Hi BP,
I'm considering to stop cable tv subscription on my 14 unit rental. It costs about $500 per month. The previous owner set this up and I'm wondering if this is a common practice for multifamily rental....
Hi,
First thing I'm glad I joined BP the post, books, and podcast are great! There is so much to learn on here but I plan on sticking around here and learning so I can tell my first success story!
However, I just sc...
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Hello BP!My name is Kwon Do and I am a healthcare professional in Los Angeles, California. I have been lurking in the forums, reading blogs/books, and listening to podcasts in the LA traffic. I have been reading up on...
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Hi BP,
It has been an exciting year but also a painful one. I finally bought my first investment property and put a some funds into to create a granny flat studio. Unforeseen because mostly lack of experience and it’s...
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What do you think about going with one of those discount brokerages - where you pay for the MLS listing but that's about it? On the one hand it seems wise if your market is strong and your house is desirable and y...