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Results (10,000+)
Dayne Keenan Stay in college or get into RE now?
12 June 2020 | 17 replies
There are many types of real estate deals you can do with minimal money.I became interested in REI when I was around 18.  
Tim L. Delayed BRRRR: Stuck on 3rd R
11 June 2020 | 3 replies

I have 1 rental, purchased in 2015 for $125k that my wife and I lived in for a year while we rehabbed it. Since then we purchased another primary residence, and we've been renting the original one for $1500/mo for the...

Fay Brown Legal Basement in-law in Providence
10 June 2020 | 6 replies
As a general rule, if you do work to improve the building it increases the assessed value.But the amount could be negligible in the end and there could be a delay of a year or more until it affects the assessment/taxes.For example, if the assessed value increased by $10,000, taking into account the 40% discount on assessed value for owner occupants and applying the tax rate of 24.56, would only result in $147 more tax per year.
William Forbes Buying a condo in high COL area for first home
10 June 2020 | 5 replies
But it’s good to know all your options if you are looking to minimize your negative numbers.
Kyle Graham Real estate in Baltimore?
12 June 2020 | 10 replies
There will be minimal vacancy and are usually in safer neighborhoods. 
Joe Splitrock My Good Landlord Story
10 June 2020 | 1 reply
The recent legislation to delay evictions takes away landlord rights and assumes landlords will do the wrong thing.
Idan Narotzki No rent because of Corona, what to do?
12 June 2020 | 4 replies
So far The tenant got in in December in paid each month until May (with one time having 2 days delay). unemployment entitlement(tenant didn't get the money yet): Thank you very much for your help and advice!
Richard Mur Choosing My Brokerage; Caveats VS Positive Nuances
14 June 2020 | 1 reply
Full time educator that runs her other real estate school- Brokerage has own app where we store training videos and guest speakers from our events- Mentoring program for new agents to shadow experienced agent- Brokerage creates template personal site for me- 2 education classes/month via Zoom- 1 Sales meeting/month for education & motivation- 1 meeting/month on technology use, a staff member that deals with IT needs- 70/30 Split- $355 Annual Office desk due- 2% Transaction fee- No lead production, produce own leads, repeat & referral- 223 current & pending listings- Have had new agents close 20 homes in first year and other only 6 homes; variesBrokerage C:- This is Keller Williams, so probably pretty standard and y'all are familiar with them, I'm sure- Within my region: Own 12% of all inventory; 600 to 900 active listings and closed just under 3,500 homes last yearBrokerage D:- 21 agents in local office- Momentum Program for training- 95% commission paid on a transaction, fees included but you choose how much you want to spend (private office/shared office/WFH office,- Brokerage does not provide leads but can obtain leads from sister brokerage, no cost- Currently 82 listings, 50 active, states it is currently a seller's market- Goal is to sell at least $2,000,000 per year- Average sale price for last 90 days (8 properties) is $260,400Brokerage E:- Training videos available- Weekly sales meetings- Ninja sales training 2-3/month with Q/A's- Offer a one-on-one mentorship program for new agents- Mentor and I would split commission 50/50 first couple of transactions or when I'm ready to go solo- Lesser degree mentorship for 75/25 commission- $46.50/month Brokerage fees Plus $25/month on E's&O's- Own website on brokerage webpage for $10/month- 70/30 Commission split; 95/5 for sale milestones- Once you pass $5M in sales, you're still on 70/30 split until you pay out brokerage $20,000, which in turn split becomes 95/5- 3% broker fee each transaction with $3,000 cap- Can provide leads by signing and paying up for different things (ICC/OPCity/Buyside)- 255 active listingsBrokerage F:- Extensive 6 week onboarding process for training- No monthly fees; biz cards/signs/lockboxes/marketing all paid for- Provides leads- 2 CRMs that hold database of your clients- Usually 100 listings at any given time, lower now because of Covid- Minimal standard to remain with company is 24/year.
Account Closed Property Manager & Tenant Nightmare
11 June 2020 | 5 replies
The eviction process is task and time driven so delaying constantly in hopes of collecting the money only exacerbates the situation.Good luck moving forward.  
Ryan Bird Recorder deed - Cook County
12 June 2020 | 7 replies
Im hearing that attorneys haven’t got the deed from title company yet and Covid is causing delay in getting it back from the cook county.