All Forum Posts by: Sharita S.

Greetings All.  Long Distance investor.  Single Family, Multi Family and short term rentals.

1. Found myself with a  tenant and no house.  I called a random realtor who showed us two houses.  I called about a 3rd property and she said that she was already on the way to show it to someone else.  I asked if she could show it to us as well and she agreed.  Upon arrival she made it clear that she would be writing up an offer for the other client.  I told her that I was unsure of he ability to represent both parties.  She basically stated that she was sticking with her first buyer.  I have now contacted another realtor to write up an offer.  Is it reasonable/ethical to negotiate part of his commisssion seeing that his only time invested is writing the contract?  

Currently looking for a wholesaler or realtor with experience working with investors.  Specifically looking in South bend Indiana.  Any suggestions would be most appreciated.

Looks like I am in great hands.  @Account Closed.  I have been educated.  The two of you have given me a great deal of information.  I hadn't realized all that was involved.  Makes me feel like I was probably missing out on a whole lot by doing my own taxes.  Hey, when we know better we do better.  I'm on the path to doing better.  Thanks again.

Sharita

Thanks @Natalie Kolodij.  I appreciate the recommendation.  

Thanks Shawn, I really appreciate it.  I am going to reach out to him.

Does anyone know of or can recommend a real estate tax strategist/CPA in the South Bend Indiana area?

Thanks for turning a dreamer into a beleiver.  Congratulations.  

Cortney, thank you for responding.  I have informed the bank and finally received a respose.  I was told that I could provide up to six comps to support my numbers.  I currently have four and am working on another two.  

I would love some advice on how to proceed. We are refinacing to take advaantage of the low interest rates and hope to get a HELOC in the next 60 days. The appraisal came in 100k lower than I expected. The low appraisal does not affect the refi, but will put a dent in my HELOC. I called a realtor who is familliar with my home and neighborhood and asked for comps. I was presented with comps closer in size, more recent in sale date and higher in price . I do not want to be one of those homewoners living on fantasy island thinking that they have a million dollar home and it is only worth 50 cents. Winter Park Florida 4/2.5 at 2920 sq ft. The 3 main comps that were used varied from 400 to 900 sq ft. smaller, and are currently on realtor.com so I took a peek to compare amenities. All 3 are flips that show very well. Summer kitchen with granite, tongue and groove coverd porch with pergola attached (living and dining area) , brazillian hardwood flooring throughout, wooden garage door, tile roof, fencing around property is a brick wall, built ins in all bedroom closets, millwork around all windows. Those are the amenties of my home which the others don't have. His appraisal of 470k comes in at 160sq ft. His lowest comp is 175 sq ft. How do I tactfully approach the appraiser?