Hi,

Im wondering what more experienced investors have found to be costs that they just did not realize were more important then they treated them when starting out.

Also, I understand the idea of "c...

How does earnest money deposits works? As I was reading, I saw that when dealing with new buyers many wholesalers had made the buyers pay an earnest money deposit. Is this a recommended practice? Why? How much do I as...

Hi;

I have a question about how to write the option consideration in a lease/option---->assignment deal.

1) Since the amount of consideration I plan to put down depends on the amount I can collect from a buyer....

So I have read you must give a deposit in Florida to make a contract legally binding. Is this true and if so does anyone know the minimum amount?

For private sales is it reasonable to have the earnest money amount be something between $10 and $1000? And I assume for REOs and short sales it would be greater?Does it raise a red flag to the seller if I offer only...

And if it's not required, what % of the time would you say that you do give an earnest money deposit?

Also, can I have a provision on my contract that says "If left blank, then no earnest money is due" or something t...

I've done some wholesaling and have done it face to face. When signing the contract I just hand the seller the handmoney. (I use $1) In my state, and I think this is true in all states, you need to put up consideratio...

What happens if a sign a purchase agreement with no contingencies (“forced” to close within 7 days) and can’t buy the house in the end?

So me and the father in law just had a discussion about putting a house under a sales contract. Originally i had in my contract that there would be a exchange of money as a holding to be legal. So my attorney here in ...