Is this standard operating procedure for purchasing a rental property.

I haven't done any major marketing or anything but from the few I have contacted everyone seems to have standard process for selling there house which is via agent.I also haven't seen much around here for investing clubs or any of that.

The 'industry standard' for property management fee structure seems like it could do with a re-design.Thanks,Matt

Do I have to be at the closing.Is it possible the cash buyer will not agree with the terms of purchase contract.Does anybody have a standard assignment of contract form

Different from a standard bill collector because they go straight for the paycheck rather than wasting time with calls and letters, but the tenant has to be employed and you have to know where.

The typical row house here will have 8'x10' or so (still small, but standard and expected) and has a closet.Definitely leaning towards 2br with office...

The purpose of real estate license laws are to protect the public from persons entering into transactions that effect a change of title between a buyer and a seller, to ensure that the public is not taken advantage of, that those involved have a level of competence, that ethical and legal standards are met.

When you look at my pages and feeds, you can tell work it being done and this guy is producing.So when you do make a linked-in invite (always add some extra text other than the standard invite) or someone looks at your page because you talked to them in person, they are more likely to be impressed and reach out to you.You don't need 100 contacts to want to do business with you.

Long story short I recommended the buyer go to standard conventional and the appraisal came in at 25,000 below and the seller(Fannie Mae) after back and forth negotiations agreed to reduce their price.

At 135k the loan must be a fannie mae owned refinance (no appraisal required) because you dont have enough equity to refinance with standard conventional financing (min 80% LTV, your at 87%).30 year fixed pricing is probably around 4.625% for non owner refinance with 740 + fico, at 4.00% rate flat its 4.25 pts cost.