Sam Ray III
Doing a Rent to own deal for a client, how should I handle the down payment
14 July 2014 | 4 replies
I am assuming you are not licenced in VA.And you said that your friend wanted you to help find tenant buyer for your friends property.If you want to be legal and help your friend, do this way.One, act as a principal in a transaction and get a letter of intent from your friend that says that you have act as principal in a transaction, your friend understands that there is risk in the transaction, and you will sell your interests in a lease with an option agreement to a buyer.If you don't act as a principal in transaction, and do a favor for someone, your acting as a licensed agent, and it's illegal.
Ronald H.
Doing your own COMPS and procedures to assign and do a double close with your end buyer
19 January 2015 | 7 replies
Inaccurate comp.s is the most common mistake. hello please provide good resources or websites to retrieve comps without needing licencing.
Angel Brennan
Wholesaling
26 October 2021 | 36 replies
I don't care about what you might have coming...and I'm not going to waste time evaluating a fictitious deal.- Don't tell me you have a property, and then when I express interest, tell me that you're not sure if/when you can arrange a showing.
Steven Fowler
Renter never changed out furnace filter and froze up A/C, should they pay?
27 July 2014 | 19 replies
yes $180 is a bit high for this type of call I generally pay from $60 to $80 for a licenced ac tech on that type of thing.
Simeon Etoria
Need assistance
27 March 2014 | 7 replies
I had the same problem but luckily now I have a great realtor and also a partner with a realtor licence.
Dante Nava
Marketing to Owner Occupied Multi Family Homes
1 April 2014 | 12 replies
Later this year I'm planning on getting my licence or at the VERY least taking the classes for it.
Ronald H.
Deal or no deal. First motivated seller, Major rehab needed!
6 December 2011 | 4 replies
Be a bird dog than.Without an some estimates from proven/licenced companys you will have no overview about the costs.
Kelvin Washington
Marketing strategies for finding Motivated Sellers
8 October 2013 | 9 replies
There was even a story locally that a code enforcement officer followed the owner of a small salon around for a half hour, took down her licence plate, started collecting her signs after she was done putting them up , then slapped her with a $1500 fine...
Becky Watkins
Property Management Licencing Requirements - California
26 April 2017 | 14 replies
Hi,
My husband and I originally planned to start a property management company after a few years of wholesaling and building our own portfolio. First managing our own properties and then branching out to others.
The...
Cody Lown
Owner leaving property management company. Where does deposit go?
21 April 2013 | 14 replies
RE brokers have been put on probation, had suspensions and have lost a licence over the issues mentioned above, such actions being based on the degree of infractions and repeated infractions.