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9 January 2025 | 46 replies
Quote from @Jay Hinrichs: Oregon finally passed legislation to reel in unlicensed wholesaling its in this months publication from the state RE agency.Highlights:Goes into effect July 1 2025Requires:On line application to become a licensed wholesaler ( RE agents exempt from this of course they already have licenses)Name of company and individuals who will be performing these services.Each one needs a full criminal background check and approval prior to receiving the license.300.00 annual fee for the license.Written Disclosures in Bold 10 point.These must be given to Buyer and Sellers prior to entering into a wholesale contract and signed for.Also RE brokers assisting wholesalers need to give these to potential buyers and sellers.
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15 January 2025 | 1 reply
While these vendors are typically reputable and skilled, you might not get the best price compared to shopping around directly.
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10 February 2025 | 25 replies
I like MI because of our climate, which is relatively stable compared to much of the country.
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28 January 2025 | 6 replies
In Philadelphia the fundamentals are strong: leading industries/employers are in the Education and Medical fields which are known to be stable, proximity to NYC and DC, national airport, port city, affordability compared to mid-atlantic predecessors.
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26 January 2025 | 48 replies
I have one listing that I'm able to make updates to, I just decided not to given the prior attempts.
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15 January 2025 | 7 replies
What the gurus don't tell you is that they are comparing market rents to the GROSS amount of S8 rent on a voucher which INCLUDES LANDORD PAID UTILITIES!
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13 February 2025 | 6 replies
The logic doesn’t hold up...Let’s compare this with another investor who took a different approach.Seven years ago, Investor X purchased a duplex in a stronger market for $300,000.
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23 January 2025 | 3 replies
Well you'd actually be netting more in the long run by doing so compared to putting it towards the home.
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27 January 2025 | 10 replies
I bought lots of umbrella insurance.I'd recommend you talk to a local attorney and compare services and fees with Anderson.
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27 January 2025 | 6 replies
Despite only renting for two months, this tenant's aggressive behavior is creating a hostile living environment for other residents.Specific Issues:He complains about our lack of notice when entering the property during our own move, despite prior notification.He has moved items around the house without permission.His communication has been condescending and confrontational.He installed a surveillance camera in a common area, violating the lease agreement.He banged on the door because he couldn't use the smartlock code properly.Considered Actions:We plan to serve him with a notice to vacate.We are considering having a constable with us when we serve him the notice.Questions:Should we just give him warnings considering that his actions may not improve?