Peter Shin
Subject To for Primary Residence?
7 June 2024 | 8 replies
When a seller is in a transaction, the idea is to dispose the property, in a subject-to, he is still at risk and that responsibility on working with you is on him, which makes it a bit discouraging for the seller depending on the situation.I have only seen this happening when the seller was not going out of the city and they were investors.- Contacting to the seller directly is un-ethical, this is not because you are by-passing the agent but because the seller is not a real estate professional, and he might disclouse things that affects him on the deal that will make the negotiation tougher for the seller, in which case it will be a lose-lose situation for him.- You should look at talking with a real estate attorney if you want to know more.
Ismael Ayala Jr.
Rejected by local mentor
6 June 2024 | 4 replies
Think of a mastermind group like having a whole team of mentors at your disposal, rather than just one.
Neeraj Shrivastava
Overcharged by water restoration company
4 June 2024 | 5 replies
I am not saying I don’t want to pay but I am fell in situation where I never thought to be and restoration company people at work continuously used to say it will not be to much bill… I had told them multiple times about my insurance limit. coming on bill part they have billed on number of miles they drove to come to work, hours , machines, padding removal , garbage disposal, and so many other things .
Scott Trench
Good Fees Vs Bad Fees For Property Managers
5 June 2024 | 10 replies
They want stellar performance on: 1) listing, 2) screening, 3) leasing, 4) inspections, 5) maintenance, 6) lease enforcement, 7) communication, 8) liability mitigation, 9) tenant management, 10) market trends, 11) technology, 12) move-in / move-out process, 13) handling/disposing of tenant property, 14) resolving disputes, 15) vendor relationship and management, etc.
Rachelle C.
Partner-Driven Real Estate Coaching By Peter Vekselman
3 June 2024 | 62 replies
Honestly, the 10k you pay to get in can easily be made back, then you have this great resource at your disposal to lean on.
Greg Elkins
Death of tenant with no apparent heirs
31 May 2024 | 4 replies
Don't know where your rental property is, but in Florida, we have a statute that deals with death of last remaining tenant and the procedures to follow to allow the landlord to take possession of the property and dispose of the tenants personal property.
Julio Gonzalez
Does recapture diminish the value of a cost segregation study?
28 May 2024 | 0 replies
If you had not had the cost segregation study performed, you wouldn’t have the $450,000 segregated from the rest of the building to easily write off the cost of the roof.A cost segregation study also allows for property owners to more easily write off the disposal of fully depreciated assets through demolishing or scrapping the asset.
Steve Cook
Property Management - Repair Mark-ups?
31 May 2024 | 44 replies
Even with an attributable labor rate attached to an invoice (which you have to trust a PM company to do fairly/accurately) it's still better than having them call a locksmith each time to rekey a lock or a plumber to install a garbage disposal.
Tom Jensen
Whole Life Insurance as a Foundation for Real Estate Investing
4 June 2024 | 221 replies
The real problem in America is that the average American is paying out 34.5 cents of every disposable dollar on interest, fees and charges.7.
Najeh Davenport
Is It possible To Form a partnership With a person you don't know personally
28 May 2024 | 11 replies
You should also have at your disposal the money to pay for the attorney , which can be refunded to you by the llc even though it's just your money in one bucket and the other talk to your tax person about this .