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25 April 2024 | 209 replies
Some broker may be ok to accept less buying commision but decline.I typically negotiate my buyer commision too but to be extremely honest, only "Asian-born" is typically acceptng less buying agent negotiation, so if they're getting 2.5% and I would get 0.5%, but I mentioned to them I don't ask them to drive me around, I only want disclosure report and I would visit property myself.The problem with very high hefty buyer agent while buyer agent almost do nothing is very real issue in bay area at least, most buyer agent is just trying to force buyer to submit their bid (and their life) with zero contingency and submit 100k above listing LOL LOLthis regulation would change these mentality for sure, the seller could be more greedy by now lol.Now because buyer agent and buyer is determined upfront and then seller would have their own metric, these thing would be interesting.
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22 April 2024 | 6 replies
There are others but these are the markets where we pulled the trigger in the past that met this criteria.
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24 April 2024 | 49 replies
The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.
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23 April 2024 | 5 replies
The problem is not only that existing tenants suffer, but that local government will be pressured to pass legislation that will be extreme and engulf well run parks into spending unnecessary expense and complying with rules designed to provide residents with services they don’t want.
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22 April 2024 | 14 replies
Keep us up to date on your next chapter and continue to share how your experiences and colleagues prepared you to continue pulling the trigger in real estate investment!
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22 April 2024 | 5 replies
Meaning, DTI, and taxable income are in play and can limit your HELOC amount also impacting the amount to qualify for and or making it extremely difficult to qualify for anything at all.- Vacancy rate factor and bottom line Schedule E income will be used to calculate the rental, no the gross DSCR lease amount.
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22 April 2024 | 2 replies
The remodel financing itself was an unexpected but extremely welcome windfall.
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22 April 2024 | 0 replies
Travis is a true craftsman with extreme humility and wisdom beyod his years.
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22 April 2024 | 4 replies
I have found a couple but have a client extremely interested in STR a condo.
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22 April 2024 | 2 replies
In the event I am wrong though and the anti-abuse rule would be triggered, I assume this would be treated normally under CIP rules?