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Results (10,000+)
Dominique Guinnane Interest Rate Buydown vs. Sales Price Reduction
29 April 2024 | 23 replies
I said write us $1.3m non-contingent and it's yours. 
Christine Shay My Realtor wants to copy my Drivers License
30 April 2024 | 57 replies
A lot of agents have been waiting to get those signed until writing an offer but moving forward we will need them to be signed prior to showing any properties, thanks to the NAR lawsuit.
Brett M. What happens with "last months rent" if tenant resigns?
27 April 2024 | 6 replies
Let them know it will be used at the end of their new lease and that they will need to pay the difference between the amount escrowed and the new rateIssue this in writing
Bret Kingcade Should the tenant be billed for full carpet replacement?
28 April 2024 | 25 replies
According to the IRS (and not someone's opinion), carpet is depreciated over 5 years:https://www.irs.gov/pub/irs-pdf/p527.pdfLook on p9 in the box.Therefore, I would counter them at the 5 year depreciation calculation and GET IT IN WRITING as terms of the settlement so they don't come back on you.Pet smells have a way of coming back no matter how the carpet was cleaned, so I can understand the replacement.
Jeff Schemmel What questions I'm asking during due-diligence, and why it's OK to walk away.
27 April 2024 | 6 replies
Normally, I would expect to see all units prior to writing an offer and that is still what I recommend; however, my client chose to proceed without seeing the other units when prompted; presumably because the building was so new.First lesson: do your best to see all units before writing an offer. 
Jazzous Anderson Tenant false acquisition
27 April 2024 | 20 replies
If so, has she indicated such by leaving the keys and/or notifying you in writing
Gabe Barlow Lead Exposure Allegation
26 April 2024 | 1 reply
Did the tenant put anything in writing?
Michael Shadow Are Realtors required to present offer?
26 April 2024 | 27 replies
You can write your presence to be there when the offer is presented as a condition of the offer.
Matt McCurdy Cash Flowing Rental Property Still Exists!!!
29 April 2024 | 13 replies
It was not producing a return that justified the effort and this was a purchase made prior to the recent rate hikes and the crazy appreciation from 2012 to 2022 (so its return was better than if the property was purchased today).I do believe a local investor should do better than an OOS investor, but it starts with accurate/realistic under writing.  
Summer Dechanukul I did a mistake by 100% trust the realtor and end up with a nightmare
30 April 2024 | 101 replies
Most of my investor clients are contractors or come to showing with their contractor to get estimate of repairs before writing an offer.