The fact that your property manager only advertises on Zillow is worrisome.

Both claim they were married to the borrower via Texas’s common law marriage rules.

#s: value: $440k each, total debt: $310k each (incl. arrears), prop taxes/mo: $500, insurance/mo: $25, common charges/mo: $380, rents/mo: $2700 & $2250Pls feel free w/ any solutions / input / ideas.TxDave

just looked at their website.. just a company buying land in very common markets were there are thousands of vacant lots ..

Probably the most common mistakes made in the development business by non builder property owners.

Always approach such claims with a critical eye.This education has potential, but like any tool, it only works if you put in the effort and stay vigilant against common pitfalls.

However, what are some common mistakes beginner real estate investors/Rehab flippers make?

For us, we use Reliant for the make readies and TXU energy for properties that either have lights included in their rent or for common area lighting.

The agent's compensation is negotiable and 6% may be more common if that includes the buyer's and seller's agent, but if the 6% only covers the selling agent, then that's a greed reach especially considering it's a 2m+ sale price.

But it's extremely common here for new folks to come on BP with broad stroke questions, without realizing the forum is a searchable database of scores of common questions with a plethora of answers already posted.Mike