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15 January 2025 | 2 replies
However, he asked me to sign a one-year Exclusive Right to Represent agreement, as presented to him by his brokerage.His interpretation is that it applies only when he materially assists me, but I think the boilerplate brokerage language he was given reads much more broadly:"If during the term of this Agreement Buyer enters into a contract for the purchase of Property through the services or efforts of the Broker or Buyer’s Brokerage Firm, or by or through any other persons during the term of this Agreement" (emphasis mine).My concern is that, under my interpretation, if a fellow real estate investor wants to unload a property or if I get pointed to an opportunity by a former agent, colleague, or friend, this agreement could create an obstacle to moving forward with the deal.In the end, I didn’t sign.
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14 January 2025 | 4 replies
I am sure he has come across this plenty of times.Hey Jonathan, I appreciate the vote of confidence, but I've only ever bought and sold trailers that come with the land, so I'm probably not the best person to ask.
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17 January 2025 | 13 replies
The feedback seems a bit general or maybe you just condensed it for the post...If not, I'd personally have a chat with your agent about what they are asking in those follow-up questions and hope they are assertively making those follow-up phone calls with your showings.
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12 January 2025 | 2 replies
Quote from @Zach Howard: I think it's probably better to hold real estate in an LLC than in my personal name.
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16 January 2025 | 3 replies
Keep it short and respectful of their time, and offer to meet in person if they’re open to it.Join Tacoma-specific Facebook groups.
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17 January 2025 | 14 replies
If the LLC is the maker on the note, there's a good chance you'll be required to personally guarantee the note.
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20 January 2025 | 33 replies
Hey Hey @Veronica Mitchell - The most simple advice is to follow the CTA trainlines.I personally love the South East Corridor of Chicago which has Bronzesville, Kenwood, Washington Park, Hyde Park, Woodlawn, and South Shore.That area will continue to be gentrified because you have the lakefront and CTA trains.Others mentioned NW along the Blue and West along the Pink, Green, and Blue lines.
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13 January 2025 | 7 replies
Other CPAs and firms have quoted me 5k-10k+ but are no where near as responsive and personable as my current CPA and accountant.
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22 January 2025 | 14 replies
Obviously I can start pitching every person I come across, but my goal with this post is to be as efficient and particular as possible with who I contact.Context: This is for a single family flip in the San Diego market.
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25 January 2025 | 14 replies
Will you potentially be more at peace if you sell and buy an investment property that you have never lived in personally?