Elvin William
What is best price to pay for a realtor?
13 July 2024 | 19 replies
I have already seen the new forms/addendums that will be used here in Arizona, the common one for this will be the Seller Compensation Addendum.The one thing that might happen in your discount buyer agent scenario is you might get a buyers agent who agrees to a lower commission and then the listing agent is offering a co-broke that is higher than he agreed to, well now that buyers agent will only be able to get paid the lower amount he agreed to and the listing agent will keep the remainder, so listing agents could end up getting paid more.As far as your question on what to pay an agent, I view it similarly to hiring an attorney, there are discount attorney's and they might be okay for some people in some circumstances, or if you know the proper procedures and deadlines then maybe you do it on your own without an attorney.
Yu Liu
Doing my first flip, where do you all source your material?
13 July 2024 | 5 replies
However, installation costs and procedures may vary, so it's worth getting quotes from both if you're not doing the work yourself.As a hard money lender specializing in fix and flip deals, I've seen successful investors use a mix of these sources to optimize their budgets while maintaining quality.
Henry Lazerow
The new NAR rules have actually made buyer agent commissions go up not down
19 July 2024 | 100 replies
We are about a year ahead of everyone else on our procedures.
Stuart Udis
Attention New Investors - Asset Protection Simplified
15 July 2024 | 26 replies
The rules and procedures of your operating agreement and your ability to follow the agreement is far more important than the actual state specific filing docs.
Ally Gao
My tenants owe us a few months' rent and can't make the payment.
12 July 2024 | 19 replies
When your documentation is thorough and all procedures are correctly followed, you can typically achieve a favorable outcome in having the tenants removed.I've done it many times with out the need for an attorney.
Laura S.
Colorado HB 24-1098: "Just Cause" Eviction Bill Passed
11 July 2024 | 8 replies
Procedural errors will now be catastrophically expensive.What's going to happen is that many landlords and nearly all tenants won't know about the changes, so only a few landlords will get burned at first, and that amount will grow over time.
Jonathan St.Leger
Bonus Depreciation Question HELP NEEDED PLEASE From You Amazing Tax Pros!!!!
12 July 2024 | 6 replies
You can do it on your 2023 tax return though, with a complex procedure involving Form 3115.
Rachel Payton
1031 exchange from duplex to house with a business
11 July 2024 | 4 replies
@Kevin Sobilo, is generally correct in what he mentioned, however, there are a few revenue procedures that could allow for a split allocation of investment & primary portions of each where we could still discuss an exchange.
Dee D.
Are you still investing in Colorado? Restrictive new law HB 24-1098
11 July 2024 | 15 replies
As I understand it, HB24-1098 changes the procedures for evictions and creates many more procedural hurdles but I would not say it "restricts a landlords ability to evict non-paying tenants".
Elena Dubinski
Tax Lien Wealth Builders
15 July 2024 | 50 replies
Check with your local Real Estate Association, get an equity line against your house, pay friends and family an interest rate for their cash investment, etc.TAX SALE PROCEDURES - South CarolinaTaxes, Penalties and RolloverAll taxes are due and payable between the thirtieth day of September and the fifteenth day of January after their assessment in each year.