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All Forum Posts by: Tyler Labelle

Tyler Labelle has started 13 posts and replied 47 times.

Originally posted by @Theresa Harris:

If you are already under contract and have all the subjects removed, the only option is to walk away meaning you lose your deposit.  The time to find out prices for recent sales was when you put in your offer.  If you used a realtor, hopefully you did, they should have shown you comparable sales.

You should also ask what condition of their units was like compared to the one you are buying as that along with location (end unit, better view, ground floor) can also impact the price.

 yeah they actually showed me pictures of there units and they were as nice or nicer than mine.  all units are ground floor and the building are in a horseshoe type shape so not really an one better than another.  like i said it was a good learning experience and the purchase is still a 1.4% rule . so i should be happy and just learn from this on how to be even better in the future. 

I guess its done :( .  its still a good deal,  just not as good as others have gotten.  well if nothing else its a good learning experience and the next one ill attempt to find a little more info.   

So I'm under contract on a 2b 1Bath condo near where i live in Charlotte. i close next Thursday with a cash close. i went to HOA meeting last night and all but one person there was an investor and they were telling me about the deals they had gotten on there units with two of them being just last month. they told me i should offer again lower. but I am under contract and closing next thursday.

    should I get an appraisal done and use that to last minute offer lower price?  they assured me that ill come in less than my offer but you never can tell.   

So I just got home from the bank and it looks like i can only have zelle on my personal account not on my business account.  so would you just ask them to zelle to personal then just transfer? or should i ask them to just set me up on there bill pay to my business account?   on a side note i have some sort of high level bank account and they tell me i can have as many accounts as i wish with zero fees.  would i be smart to set up a account for each house?  i currently only have three.

So i just set up zelle on my wells fargo account and it wouldn't let me set it up on my business account only my checking or savings.   That's kind of annoying.  

Just started a profile with tenant cloud for my first self managed property and noticed the 3% fee for paypal.  are most people just doing the yearly subscription to cut that fee essentially to 7.50 a month?   

Recommendation for CPA in the south CLT area that specialize in real estate?  Thanks in advance.