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9 November 2017 | 4 replies
What would be a reasonable discount request on a property looking at structural foundation repairs to include some re-grading to prevent repeat issues, potential mold treatment, window replacement (total 20 windows).I believe in being fair to both seller and myself and I keep hearing and reading (as I went online and started researching this as I wait to get inspection report), I keep hearing that in this market most homes will have some kind of foundation issues and that should not be a deal breaker.What other advice would you give.I do like the home, it has great curb appeal, but I believe in the say, “A home without a foundation is not a home”, so I do want to be careful not to be taking on a home that will leave me stuck with a hefty bill.I plan on continuing to do my research throughout the day as we wait on the inspection report and will eagerly also await any comments that group members can offer to help me make my decision before 12midnight tonight.I hate to lose this home, but I also hate to take a risk that may leave me with a hefty bill down the line.Any comments will be appreciated, good, bad, ugly…… brutal honesty, I will take it all with gratitude.Thanks.
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20 November 2017 | 25 replies
@Patrick Murphy, A REIT is not eligible for 1031 treatment because when you buy a REIT you are buying a security and not the underlying real asset.
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18 April 2019 | 16 replies
But, you definitely get the red-carpet treatment for your first property.
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17 November 2017 | 7 replies
Real estate get preferential tax treatment (vs. ordinary income).
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17 November 2017 | 7 replies
LENDER REQUIRED REPAIRS AND TREATMENTS: Unless otherwise agreed in writing, neither party is obligated to pay for lender required repairs, which includes treatment for wood destroying insects.
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22 November 2017 | 2 replies
The neighbor just placed a note on my renter's door stating that they are starting termite treatment on a shared wall.
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30 November 2017 | 6 replies
I'm expecting to get about $1,800 per month in rent.Questions: Is there any way we could get the sellers to pay for the termite bonding/treatment, especially considering that they tried to hide them?
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30 November 2017 | 14 replies
If you are a real estate professional and more specifically, if the income generated from selling this property would be classified as ordinary income you would have a completely different treatment.
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25 November 2017 | 3 replies
Then 10-15 days later the mother and father went in and started seeking medical treatment for carbon monoxide poisoning.
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5 December 2017 | 11 replies
@Rachael Britton You do not need a realtor to submit an offer for a property, but if you are dealing with the Seller's Agent directly, understand that unless/until their status changes to Transaction Broker, they will continue to be the Seller's Agent, meaning they are only working in the Seller's best interest and owe you basically nothing besides fair and honest treatment.