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17 October 2024 | 20 replies
Rather than just listening and answering.They're so hyper focused internally on the external acceptance, that they forget they are there.
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16 October 2024 | 10 replies
However, I’m still mindful that this is our first deal, and I want to be prepared for potential surprises.Here’s what we plan to check during the walk-through:- Overall condition of the HVAC system (I’ll test it myself with HVAC multimeter)- Electrical issues (I'll assess as well)- Plumbing, which my brother, a journeyman plumber, can help with if needed- Any significant structural concerns, mold, foundation issues, etc.
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14 October 2024 | 7 replies
Under the newer (and county-optional) tax lien auction procedure, investors bid down the interest rate they are willing to accept if there is a redemption.
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17 October 2024 | 14 replies
they will not accept your listings as an option if you have it also listed on airb.
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11 October 2024 | 8 replies
But, something to add that you have to understand is that a 3-4 unit has to be meet the FHA self sufficiency test.
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16 October 2024 | 17 replies
(vii) would seem to indicate that you'd be acting as an unlicensed broker.(1) "Broker":(A) means a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following acts:(i) sells, exchanges, purchases, or leases real estate;(ii) offers to sell, exchange, purchase, or lease real estate;(iii) negotiates or attempts to negotiate the listing, sale, exchange, purchase, or lease of real estate;(iv) lists or offers, attempts, or agrees to list real estate for sale, lease, or exchange;(v) auctions or offers, attempts, or agrees to auction real estate;(vi) deals in options on real estate, including a lease to purchase or buying, selling, or offering to buy or sell options on real estate;(vii) aids or offers or attempts to aid in locating or obtaining real estate for purchase or lease;(viii) procures or assists in procuring a prospect to effect the sale, exchange, or lease of real estate;(ix) procures or assists in procuring property to effect the sale, exchange, or lease of real estate;(x) controls the acceptance or deposit of rent from a resident of a single-family residential real property unit;(xi) provides a written analysis, opinion, or conclusion relating to the estimated price of real property if the analysis, opinion, or conclusion:(a) is not referred to as an appraisal;(b) is provided in the ordinary course of the person's business; and(c) is related to the actual or potential management, acquisition, disposition, or encumbrance of an interest in real property; or(xii) advises or offers advice to an owner of real estate concerning the negotiation or completion of a short sale; and
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13 October 2024 | 8 replies
I don't think you qualify for a 1031. owning a property your mother lives in doesn't seem to meet the held for investment test necessary.
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7 October 2024 | 3 replies
We have one of our properties for rent and are accepting applications.
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8 October 2024 | 10 replies
I’m trying to work with a seller who deals in off-market properties, but they only accept cash or an “unrestricted line of credit” for payment.I have about $200k in liquid funds and want to invest it all, but I'm running into challenges with payment methods.
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14 October 2024 | 3 replies
@Kristjan Meitz would definitely target a 2-4 unit if possible.Challenge will be finding one at a price you can afford and that's in a decent area.Once she's accepted somewhere, check to see if the school has a placement assistance office.