Bruce Woodruff
New to me - How to handle Buyer's agent now?
21 November 2024 | 6 replies
Any mention or indication of a commission (or similar) will be an MLS rule violation and subject to a fine of $1,500+ (paid by you).
Ricky Hernandez
First Time Home Buyer Inspection
20 November 2024 | 15 replies
A good HI will go over your house with a fine-toothed comb.If you can find an Ex (or Retired) HI that is also Certified, that would be even better, since they will understand the structure/electrical/plumbing systems in more detail than a regular HI...
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
@Patrick Shawn Faherty there's certainly enough feedback on this forum that anyone should be able to make an informed decision about MI, When evaluating any turn key companies, there are the things one should look for.In general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)Don't allow for your own independent property inspectionAre not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)Require you to pay for any renovation upfrontSell only in cheap. low end neighborhoodsDon't accurately represent the neighborhood/property classificationDon't have consistent rehab standards for all propertiesDon't provide a scope of work for the propertyCan't provide references of repeat investors Require you to close before a tenant is in place
Kyle Deboer
how do i find underground markets to buy real estate
18 November 2024 | 24 replies
A base hit with virtually no risk is a fine place to start.
Alexander L Gulledge
Question on leveraging assets
16 November 2024 | 3 replies
Do you have a finance person in your family/group of friends?
Chris Seveney
Contractor Quote Dispute & How I am Handling It
17 November 2024 | 5 replies
ITs a fine line though some of these guys will lien the property even if they are not right and it buggers your title until it gets resolved..
Dongzi Wu
Outstanding Real Estate Solutions Scam (ORES)
28 November 2024 | 184 replies
Without admitting or denying the SEC’s allegations, Tosta has agreed to settle the charges against her, consenting to the entry of a final judgment that orders permanent injunctions, disgorgement and pre-judgement interest totaling $117,917.57, and a civil penalty of $60,000.
Leon Lee
What is your smoking policy for STRs in Cities
10 November 2024 | 12 replies
Do guests ever remove or unplug the Dynd sensor to avoid a fine?
Saad D.
Is the 1% rule dead?
22 November 2024 | 92 replies
They are willing to consider properties that are close to meeting the 1% rule, but will conduct further analysis to make a final decision.
Michael Whitman
Sheriff sales - NJ
7 November 2024 | 2 replies
Most properties get continued from sale 4-8 times before a final sale and many get resolved so the list is kind of just a guess at what is coming.They are cash buys, 10 percent down at time of auction and the other 90 percent due in 7 days I believe, or something close to that.