Michael Fischer
First time mid term rental.
14 November 2024 | 6 replies
If it's only 1 unit, and you are just starting, Airbnb and Furnished Finder would be good.FF has a very small yearly fee and airbnb will take a commission, but it will also get you used to both.
Lisa Laursen
Mid-Term Rental Cancelation Policy - what do you do if a tenant shortens their stay?
14 November 2024 | 8 replies
If you’re running a MTR more like a STR, then you can decide to charge the full boat as agreed or, if you desire (possibly to obtain a good review) find a substitute renter for the period in question and credit the original renter.If, like me you operate a MTR more like a LTR just for a shorter period of time, you probably use a specific rental form provided by either the state real estate commission of the local NAR affiliate.
Nate Williams
Is anyone wholesaling in LA?
11 November 2024 | 6 replies
Priced too high, rehab estimates too low, and they don't factor in the cost of selling (commissions and closing costs).
Whitney Bivins
Should I cut my losses and start over?
15 November 2024 | 12 replies
Selling your property now will incur commission fees, so you’ll take additional losses on the transaction.
Garrett Burys
Question Regarding the Laws Surrounding Wholesaling
10 November 2024 | 2 replies
There are a lot of agents who wholesale in PA, but you should know that agents who wholesale have to pay their brokerage their portion of the commission on their spread.
Waylon Bruce Moore
How 2 sell cash-flowing Renovated SFH Mid-Term Rental (4/2) + separate studio
11 November 2024 | 6 replies
When I list a property for an owner as their agent, I often find a buyer direct due to my large pool of investor buyers and give my seller a discount on the commission when I do acquire a buyer directly - win/win.Sounds like this could be a great fit - if you feel the same then don’t hesitate to DM me and we can discuss more details and next steps
Greg Hammond
Should I sell my rental property or let it ride?
11 November 2024 | 6 replies
@Greg Hammond If you decide the property is no longer worth holding on to and you decide to sell, in addition to the capital gains you want to consider depreciation recapture as well as any closing costs and commissions.
Jim Witten
Can A Realtor Make Me An Offer without a Listing Agreement?
7 November 2024 | 16 replies
Don't buy it - it's a normal marketing trick to get your listing.If he'd had a buyer- he'd try first to negotiate his commission.
Brian Quo
How bad is it to start off not cash flowing on 1st rental that is new construction?
20 November 2024 | 37 replies
Then, you can calculate how much cash this property(ies) is going to eat over the period you plan to hold it and see if what you can sell it for (less commissions, taxes, etc) will produce a profit.
Josival Junior
Property with difficult Realtor
7 November 2024 | 1 reply
I put in an offer in a house after talk to the sellers agent she set the terms, we accepted all the terms them she add that the “seller” would not pay for the buyer commission (My wife is my agent, somehow she found out that).She asked for full price, no inspection, no contingencies?