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16 March 2024 | 8 replies
I've looked at a lot of condos and houses in the past few weeks and from being in the field I can tell you that the transaction volume is picking up again - a lot of places are going into contract and prices are holding up well.My two favorite investment opportunities right now are single family homes in the top areas that your budget can afford and condos in buildings that were launched 4-6 years ago, are now in the market and have a lot of selling pressure because people who bought pre-construction want to sell and take profits.
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16 March 2024 | 36 replies
@Amirra Besh If you call any agent, they will typically charge 1 month of rent to find a tenant.Just like in a sales transaction, where the buyer's agent and listing agent split the commission, an agent will offer another agent that brings a tenant 50% of the one-month of rent as commission.Many owners are trying to put pressure on PMCs to lower this fee because they think the monthly management fee should cover at least part, if not all, of this.Here's were penny-pinching owners screw themselves: PMC's will charge lower than the one-month of rent, but they offset it and do NOT tell the owner the negative repercussions!
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15 March 2024 | 21 replies
This is not legal advice please consult with you attorney).Consider a step-by-step process increasing the pressure on the tenant with each step while accumulating documentation (which will be needed in Eviction Court):As per the prior comment, first contact the State Agency sponsoring/funding the Section 8 payments and document for them all the issues to see if a resolution can be reached.
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15 March 2024 | 17 replies
The next step isn't to pay someone a ridiculous amount of money to pressure you in to taking action, it's just taking action and learning.
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15 March 2024 | 20 replies
This is putting downward pricing pressure on the classes below it, as people move up for a comparably better unit at a relatively reasonable increase in cost.
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12 March 2024 | 105 replies
i agree with the others who've said that it will put pressure on rents on the lower end of housing / below the median.
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13 March 2024 | 17 replies
I've been chewed out by agents for backing out deals with low(er) DDs because I did my DD and found too many issues, and I have had some try to pressure me into massive DDs which I did but fortunately did not win.
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11 March 2024 | 6 replies
This keeps a written record of our communications, keeps records straight about what was said when and to whom, avoids any "pressure" situations and prevents misunderstandings about what you agreed to or said to them.I would simply notify the tenants of your lease policy in response to their request.
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11 March 2024 | 6 replies
Other things he did.1) did not put a spacer between cabinets, so if I fix that the granite countertop slab gets tossed because the measurments changed and it will be shorter than the cabinets.2) He tried removing a rusted shut 70 year old clean-out drain cap, and caused it to pop off (under pressure) and flood under the cabinets.
9 March 2024 | 6 replies
Plus, there are so many times when wholesalers have to renegotiate the price and that will put downard pressure on the commission, so now you have both the listing agent and seller not happy with you.