My understanding is that an Option to Purchase Commercial Real Estate is a legally binding contract, meaning the Seller cannot decide to sell the property to someone else. I will be putting money into the property bef...
When submitting an LOI for a small multifamily property, should I use a lawyer to draft a template to use? Or is there a standard LOI most investors use? If so, would anyone be willing to share an example?
Thanks i...
So I'm wholesaling a property with an out of state seller. I have the contracts written by my attorney, and I planned on faxing them to her to get her signature and then having it faxed back. The problem I've encounte...
Currently building a lease for a single family long term rental I own. I see some leases use mediation and arbitration to avoid going to courts to settle lease disputes. Can anyone share their experience with this pro...
So I've got a couple that wants to rent out a house from us, one is in town and is able to sign tomorrow, the other is out of town for a while but can sign, scan and email a copy back to me tomorrow is well. Is this l...
Hey BP,One of the things i came across while reading Brandon Turners- the book on rental property investing- says “analyze 60 houses a month, make offers on 6, have 1 agreed upon”. Not sure how this process works. If ...
Hello everyone!I recently had my tenants extend their lease agreement but we've had to adjust whom is renting and the responsibilities. I got their first agreement signed from a notary in person but this time around I...
Hey Everyone,I was approached with a Quadruplex opportunity in the Baltimore area by a listing agent. Even though the agent indicated that all units were renovated, I asked to see pictures and perform a walk-through ...
I am new to house hacking and just bought my first house. I am looking to rent out 2 rooms to the same potential tenant. They're military as well. House built after 1978. Besides a standard rental agreement form for H...
I have a few questions about wholesaling scenarios. So let's say I have a deal in the works but I don't have the earnest money deposit needed to secure the contract. It's a rental property (duplex) with tenants in ...