Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
But if its not related to that type of water damage, the other questions ask about present tense issues, and not past issues.Are you saying that even though he filed an insurance claim for $15,000 and only provided me with a $5,000 quote without any description of the repair, he is not required to disclose it because he believes it’s fixed?
Tod DuBois
Many leads but not bookings on Furnished Finder - to to resolve
14 January 2025 | 19 replies
I guess I learned about Key Check, I was not super impressed, but it worked for the basics - it did not deliver income info, which I usually want to see.
Joel Oh
salt water hot tub
13 January 2025 | 23 replies
Usually on the “not” side if the tub gets heavy use.
Franklin Marquette
Renter's Insurance Liability Requirements
14 January 2025 | 4 replies
I usually require my tenants to carry renter’s insurance with at least $100,000 in liability coverage.
Garrett Brown
What is your biggest struggle in the STR world right now?
14 January 2025 | 41 replies
Because I rent 4 bedrooms house, it's more conducive to large gatherings and parties.Another issue and please tell me if this is normal that when people book for 5 people they usually have at least 10 or 15 additional guests.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
How long are you usually spending on prep before you hand it all off to your CPA?
Alex Tang
Opting for Actual Cash Value vs Replacement Cost if Home Damaged by a Fire
12 January 2025 | 3 replies
If you choose not to rebuild/replace your settlement would usually be for actual cash value.It's unlikely you can get a settlement for above the coverage amount you paid for.
Jennifer Gill
Do Not Call List - sick of calls!
7 January 2025 | 5 replies
That will usually stop them in their script.
Nick Wimmel
Looking to purchase a duplex in Middletown, Ohio
8 January 2025 | 12 replies
Usually OH and IN are the two main states they I have seen booming business in for 204 unit REI's.
Adam Macias
Wholesaling as it is today will be a thing of the past.
12 January 2025 | 8 replies
Quote from @Adam Macias: Wholesaling as it is today will be a thing of the past.It’ll truly be strange to even hear people and gurus trying to make big money off it.The more people try wholesaling but then end up not having an end buyer or cancelling contracts or trying weird things like novations, the more all of real estate will be regulated and cause requirements like licensing to be able to transact more than just your personal resident purchase.Which I don't know why hasn't happened sooner.Here's all the states (in red or yellow) requiring a license to wholesale or at least have started the process:Credit: REITipsterI think licensing and regulation is a beautiful thing that should happen if you plan to be an wholesaler and do more than one deal... which is going to be the case for anyone taking this business seriously.Or even it being regulated to need a real estate agent to do more than one deal outside of buying a personal residence.I've had plenty of failed attempts with agents in pursuit of wholesale deals and I know exactly why, it's not because the agent couldn't find me deals, it's just not practical to think there's opportunity for the numbers a wholesaler needs to make a profit on top of everyone else needing to these days.Because the only sellers who truly can sell at a deep enough discount are usually those who ran out of time and just didn't do something sooner with their situation.I know many coaches and gurus will disagree with me but there’s no regulations on youtube gurus and what they teach either.If we look at the current state of the market in hot cities, the availability of online resources to the average homeowner, how many deals can you possibly believe are available at 70% of ARV?