All Forum Posts by: Scott Johnson

Interesting. None at all even though it's now a rental?

@Jay Hinrichs IS ChatGPT 👀

If you decide to sell, just iron out your tax strategy. 

@Adrian Lammersdorf-Scioll 

I definitely like that idea. It's also a good practice for him to create spreadsheets for his later use. This really helped me dive into the numbers, make corrections and left me with something that I know I can trust.

Not down playing ChatGPT at all, I just try to be self-sufficient when I can. I do use ChatGPT to help me develop my spreadsheet. Honestly, anything that I do with coding requires my use of ChatGPT, lol.

What's up, brother? is the 10,000 closing costs? If so, and you're buying the property using a broker, talk to them about throwing some seller paid closing costs into the offer. That way you can reduce your out-of-pocket some.

May or may not work because everything is negotiable, but it's worth a shot.

Maybe prices are a lot higher up there, but I spend about $550 for a full inspection and wood destroying insect report and then do additional inspections if I feel the need to. If I don't, I usually stick with the $550.

Also, I'd recommend reaching out to an attorney or two and asking them to send their pricing for their services. Some firms have this, and you can use those to run your numbers in the future.

@Alyxandria Welch

Welcome, guys! I highly recommend the book real estate by the numbers. Definitely read that and post. Any questions you have throughout the process. We have a great community here to help you out.

I'm currently going through this with one of my clients. They are trying to purchase a home which was going through probate. It has taken four months.

Unfortunately, when probate is involved, the process can absolutely drag out.

I am dealing with a fraud claim that has been reported to the federal trade commission and the North Carolina Attorney General. This alleged company seems to have just given enough information to make themselves seem legitimate.

Does anyone have a referral for a private investigator? I'd like to unveil the true identity of the parties is involved in this scam.

The Federal Trade Commission watches trends in reports, they don't address single reports. If you've been in a similar situation, feel free to file a complaint with the FTC. That way there's a chance it will go on their radar.