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12 January 2025 | 2 replies
. ;-)If the seller tells their agent not to bring certain types of offers to them, the agent is obliged to follow their instructions.However, I've also been told that an agent has a fiduciary responsibility to present all offers if not told otherwise.
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15 January 2025 | 10 replies
Thanks for the response.
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28 December 2024 | 6 replies
Real estate is all about getting rich slow, not quick.I'd be happy to connect.
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27 December 2024 | 19 replies
Markets are slowing significantly around the country (but not everywhere).
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21 January 2025 | 14 replies
If you stick with the larger down payments, you’ll have more stability and less risk, especially if the market shifts, but it will slow down how quickly you can buy additional properties.
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15 February 2025 | 77 replies
Make sure that the receipts you receive verify "Principal-only", so you never pay interest on those amounts from then on].Brent, I just covered this in my response to Chris John, so please read that for clarification.
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9 January 2025 | 16 replies
Thank you for your response—I appreciate the insight.
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2 January 2025 | 1 reply
This growth seems a bit slow for me, and it might not be best for selling.
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9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
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3 February 2025 | 56 replies
Like others have stated above, I'm less bullish on Detroit in the short-term (5-10 years) due to the historically slow appreciation which increases Capex risk.