If you ever plan on selling a rental property (which you probably should), listen to this Rookie Reply.
Halloween is over, but we’ve got two real estate investing stories that would make any investor’s skin crawl. First, a buyer is delaying closing longer and longer, coming up with excuses, lying to the seller, and wants more time. But…they’re your only offer, and it’s getting close to the winter slow season. What do you do?
Next, a seller financing deal gone wrong (in every single way). Your buyer stops paying you, starts renting your house out, takes the money, and, get this, moves into your basement…now they’re squatting. What do you do to get them out and finally reclaim your property?
Lastly, we’re ending on a lighter note. Should landlords ever include appliances like washers and dryers in their rentals? Ashley’s answer goes against the grain, but her reasoning is rock solid!
Looking to invest? Need answers? Ask your question here!
In This Episode We Cover
How to force a flaky buyer to either close or stop wasting your time
Seller financing vs. subject to, and the big difference when you’re the seller
How to get a squatter out of your property for good
The appliances you should (and should not) include in your rental property
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-637
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