
26 September 2024 | 1 reply
If you buy a property for $100,000 and then turn around and sell it, you’ll pay ~5.5% ($5500) in agent/broker fees for buyer and seller agent.

25 September 2024 | 2 replies
I have a friend who buys townhomes, not condos who is my only potential buyer.

25 September 2024 | 0 replies
A "Price Improvement" suggests that a property has become more appealing to potential buyers due to a reduction in its asking price.

26 September 2024 | 9 replies
It’s not uncommon for a buyer client ‘X’ to only be considering new construction homes.

26 September 2024 | 14 replies
We have reached out to every buyer/seller agent as well as previous owners to try and get statements proving it was an apartment.The issue is... now we need plans drawn up, a permit issued, and a city inspection on something that was converted decades ago and will cost thousands of dollars and time.

26 September 2024 | 17 replies
You should have a clear understanding of property tax rates, insurance costs, repair costs, utilities, landscaping etc.Any buyer must develop their own proforma and that is what should be relied on.

25 September 2024 | 8 replies
I've been attempting to find some local wholesalers to be put on their lists.Located in Lansing, Michigan, does anyone have ideas on how to find local people, or are there any on here looking for more buyers?

30 September 2024 | 25 replies
You will usually not get a good enough deal, and you will be competing in the purchase against retail buyers, especially in today's market.

26 September 2024 | 17 replies
While few people will ever tell you they passed on renting your property because they didn't like the accessibility features, you'll know for sure when someone doesn't rent it because of the lack of these features.I can tell you that as a buyer I would not want hand rails, ramps, these weird wide doors to walk through and some walk in bath tub that has a door on it.

26 September 2024 | 4 replies
And when you go to sell, you could use the rental income as a big selling feature to potential buyers.