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All Forum Posts by: Makhwarand Khan

Makhwarand Khan has started 13 posts and replied 20 times.

Post: Where To Find Tenants

Makhwarand KhanPosted
  • Real Estate Agent
  • Somerville, MA
  • Posts 20
  • Votes 6

Hello Landlords,

I'm currently helping out my neighbor find tenants for his property. I would like to know where were you able to find leads and what marketing avenue was most successful to you?

Post: How Do You Find Leads?

Makhwarand KhanPosted
  • Real Estate Agent
  • Somerville, MA
  • Posts 20
  • Votes 6
Hello agents of BiggerPockets! I have recently became a real estate agent. I would like to ask everybody how do they get leads and which avenue is most effective?

Post: What Do Investors Expect From Realtors

Makhwarand KhanPosted
  • Real Estate Agent
  • Somerville, MA
  • Posts 20
  • Votes 6
Hello investors of BiggerPockets! I have a quick question. As real estate investors, what do you expect from realtors like me in buying/selling a property? What about their conduct? What values make certain realtors attractive over others?

Post: Home warranty plans for rentals

Makhwarand KhanPosted
  • Real Estate Agent
  • Somerville, MA
  • Posts 20
  • Votes 6
Home warranty is more like a scam in my opinion. From what I heard, the people behind the home warranty fix issues within the property very poorly and when it comes time to replace an appliance, they give you the dead end of the stick and say “it isn’t covered”. I preferably won’t want to buy home warranty on a property.

Post: Writing Off Your Car Purchase

Makhwarand KhanPosted
  • Real Estate Agent
  • Somerville, MA
  • Posts 20
  • Votes 6
Hello people of BiggerPockets, I plan to be a realtor sometime soon. I just learned that realtors are self-employed and file their taxes on a 1099 form. This means I can write off expenses related to my work. Hence, I would like to know that if I were to buy a car with cash upfront for my realtor work, can I write off the whole purchase on my taxes?

Post: Bankruptcy and Sheriffs sale

Makhwarand KhanPosted
  • Real Estate Agent
  • Somerville, MA
  • Posts 20
  • Votes 6
Well, typically when assets (or liabilities) have to be liquidated, they get sold for far less than what it’s worth, typically for 30 cents on the dollar. There is a reason why foreclosed houses get sold for far less than what it’s worth, sometimes for less than what you owe on the mortgage! There’s a reason why repossessed vehicles get sold for $3k when they are worth $10k. It’s because these assets or liabilities get sold at liquidated prices. That’s typically what happens when a person has to claim bankruptcy and sell their possessions via sheriffs sale.

Post: Tenant Using Rental Property as Full Time AirBnB

Makhwarand KhanPosted
  • Real Estate Agent
  • Somerville, MA
  • Posts 20
  • Votes 6
My question is, does the lease you have with this tenant outline that subletting is not permitted?

Post: Attorneys in the Greater Boston Region

Makhwarand KhanPosted
  • Real Estate Agent
  • Somerville, MA
  • Posts 20
  • Votes 6

Hello BP Investors and Agents,

I would like to ask if anybody in the Greater Boston region knows of any attorneys that specialize in real estate and reside in the Greater Boston region. Before I go into real estate, I would like to ask questions on what I'm going into so I have an understanding of the laws and make sure I don't get into legal trouble.

Thank you!

Post: 17-Year Old Looking Into Real Estate

Makhwarand KhanPosted
  • Real Estate Agent
  • Somerville, MA
  • Posts 20
  • Votes 6
Hello BP members, I am a 17-year old high school student that will be heading into college in a few months. I'm quite interested in real estate and see the benefits it offers me. I have read purchased and read 3 books on real estate from the BiggerPockets store. I would like to know what would you recommend for me as the young person I am? Thank you!

Post: Finding my First Deal

Makhwarand KhanPosted
  • Real Estate Agent
  • Somerville, MA
  • Posts 20
  • Votes 6
I'm in your shoes. Properties are expensive here in the Greater Boston region. I believe that turnkey properties are the best way to go.