All Forum Posts by: Account Closed

Curious how you more experienced folks would handle this scenario:

Situation - two yr tenant, very (overly) communicative, bit of a worry wart but that's fine, better than the other way imo. Class A sfh rental. House is builder grade 2017 construction. 2 story. And I just got this text:

"*Hey xxxxxxx. I think there’s an issue with the A/C or maybe a blockage in the ducts because the a/c is running nonstop but won’t cool below 75 degrees (it’s set on 68 with the fan running). its been hard to regulate the temperature in the house for awhile but more intermittently. It’s running all day and you can barely feel air flow out of the vents on the first floor. This has been going on for a couple days. I’ve tried everything I know to do. Can we have an HVAC tech come out*?"

It's 85 and humid here outside. My ac hardly keeps up at my house some days and that's set at 74. But it's an old unit.

I asked her to change the filters and double check the thermostats (there's independent upstairs and downstairs controls) and get back to me if it's not better.

But how would you all proceed?? I'm hoping she stays a long time so I want to take care of her but at the same time I think it is what it is... Thoughts??

What happened to the original "The so called 'great reset' Blackrock buying up all property " post??? Anybody know? Looks like it was taken down.

@Rob Bergeron you expect 2022, with rising interest rates, to have greater appreciation than last year? Even with the Fed having printed half of all USD ever (or something like that) last year? You may be right in the end but it's hard for me to see that right now.

@Joe Mathew prop taxes are ~2% for rental properties whereas primary residences will be capped at 1% thought-out the state. Something to be aware of

After buying my first rental property earlier this year and seeing how little work my agent had to do to receive her 3% commission (I'm sure that's not always the case but in this instance it was) I felt like the next purchase I would try to find a way to go my own and capture some of that percentage as a discount.

So today I talk to a listing agent for a property that looks good on paper. I called him to talk about the house. He assumed I was a realtor and provided me the code to get into the house myself. I thought it was strange but as I'm a bit green here I rolled with it. I called him back after checking the place out to discuss making an offer. It was at this moment he realized I was just an individual and was a bit flustered - I guess he wasn't supposed to allow unaccompanied access to the residence w/o an agent present - but we continued on and I told him his secret was safe w/ me. I mentioned maybe using my own buyers agent and he jumped to say he would cut me some of his commission to close this w/o me using an agent. Now this was just what I had been looking for! 

Our discussion went over what my offer would include and I SPECIFCIALLY stated I would need inspection and appraisal contingency. There was no misunderstanding in that communication I am positive. However.... as I read the offer contract he just sent over for me to sign I see the box is checked that says "BUYER WAIVES THE RIGHT TO HAVE INDEPENDENT INSPECTIONS". 

Question I have now is, am I understanding that checked box correctly (again, fairly new to these contracts)? If so, was this intentionally marked that way or was it a mistake? And if intentional, should I pursue anything beyond a phone call with him? 

What would you do in this position? Do you still pursue the deal with another agent representing you? Try to salvage the deal with this guy assuming it was an honest mistake and get it corrected? Move on totally?