Dave Kush
Mid Lease Smoking Ban Allowed?
7 October 2024 | 9 replies
Are there general rules that apply about this, or is this a lawyer question?
Irina Badal
Deal analysis and CoC
8 October 2024 | 3 replies
The rule I use is to double the money after five years in case you need to sell.Meaning, with your initial investment of 132k (down payment plus initial closing costs), and considering an additional 5% closing fee of the home’s value when you sell (roughly another 30k for agent and lawyer fees), your total upfront cost plus closing on sale would be around 162k.
Samantha Coppinger
How to turn down a tenant I already accepted a holding deposit for
8 October 2024 | 22 replies
I hope you consulted a lawyer before adding that out clause for yourself.
Chinku Prasad
HVAC leak on 4th floor caused damage to our ceiling 2nd time
7 October 2024 | 3 replies
At this point we are not able to find a solution except that we need to hire a lawyer which will add to the cost.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
When buyers see a lot of inventory and many months on market, it empowers them to negotiate more, this lowers prices, which in turn lowers comps, which prompts more sellers to sell out of concern, discourages buyer to make that "investment", causing more inventory and encourages the remaining buyers to offer "ahead of" where the market is going, which is anticipated even lower...I have always said, once the first row of houses is washed into the ocean, watch how quickly the for sale signs pop up in the second row.
Fareen E.
Seeking LLC Guidance; Long Time Realtor, First Time Investor in Michigan
10 October 2024 | 17 replies
You would need to consult with a lawyer to set the trust up and ensure the best protection for your situation, and then relay that information to your tax professional.
Seth Mattox
Seeking Advice: Remote Management of 30 Properties—Is It Feasible?
8 October 2024 | 12 replies
My wife and I are considering taking on this role as a property management team, managing these properties from our current location in Washington state.Our plan is to establish a reliable network of local contacts in the area—such as maintenance professionals, agents, lawyers, etc.
Sergio P Ramos
Can a seller legally avoid closing on a deal?
7 October 2024 | 16 replies
My wholesalers lawyer says he has "cloud" over the property which keeps the original seller from selling it as you stated.
Peter ODougherty
Buying a grandparents home to flip?
7 October 2024 | 9 replies
I did great rehab that added a lot of value (it is what I do). one party no longer liked the deal and threatened to get a lawyer.
Chida Truong
Pace Morby Mentorship
14 October 2024 | 420 replies
There are people with deep pockets and lawyers about to go after him and them!