
22 November 2024 | 5 replies
to me I view an inspection contingency as you do it and if something is wrong you present it to the seller and say "hey fix this, reduce the price OR if it was major and really bad just walk away".If no inspection was done, then its unethical but reality is its not worth a seller to sue over it.

25 November 2024 | 19 replies
This will provide consistency and clarity in how you handle your properties.Start by reviewing your current Property Management (PM) agreement.

23 November 2024 | 1 reply
A few updates that didn't fit into the above post:The attorney who handled our closing offered to assist the sellers pro-bono in an effort to recover some of the equity.

20 November 2024 | 45 replies
@Jay Hinrichs how about one stop shopping at Costco.My other thought is that RE brokers should not cooperate with other brokers but sell their own listings for 3% and handle the financing.

20 November 2024 | 1 reply
To be safe, consider starting with standard percentages or slightly reduced figures until you have reliable data on the property’s performance.

21 November 2024 | 10 replies
or you can buy down your rate or pay points to reduce the interest rate as this is a commonly way to reduce your monthly PITIA payment.

21 November 2024 | 2 replies
If you have a wider variety it will reduce the risk with your investment.

22 November 2024 | 2 replies
I’m almost hoping she rejects my offer because it’s so complicated, but it kinda seems like it could be a win win.We pay $2600/monthI’d offer her $3k/month ($600k @5% 30year amortization) plus I handle taxes and insurance.

19 November 2024 | 12 replies
I can carry them forward, but it doesn't reduce my actual gross income.

22 November 2024 | 6 replies
If you spend it now, you lose your leverage for the rest of the lease, and you'll have nothing to handle unpaid rent, cleaning, or repairs after termination.You are starting down a dangerous path.