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5 April 2018 | 0 replies
Good Day everyone,A few questions regarding the process;Is it best to use a RE Agent or go it alone.The Contract - where can I find a contract accepted in NJ and how does one phrase the assignment or is that a separate doc?
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12 April 2018 | 4 replies
This includes the following:Vacancy (minimum 8.34% to 10%)Tax (Check County records)Insurance (Get a quote)Property Management (10%)Utilities (contract utility companies)Repair/Maintenance (5% - 10%).
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5 April 2018 | 1 reply
Hi, I’m under contract on a sort of unique property.
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5 April 2018 | 3 replies
Most recent comp shows a house with 700 sqf less than our house, one less bath, and 1 less bedroom,but is fully updated under contract for 300k.
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5 April 2018 | 2 replies
When doing a assignable contract do I wait to put the assignment fee on the contract at closing or do I already know the price I’m willing to take and put the assignment fee down when I get the seller under contract?
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22 April 2018 | 5 replies
Good morning everyone, I am currently looking to put my first deal under contract in the Pacific NW (Portland Metro Area).
5 April 2018 | 0 replies
And if you wholesale, does the seller need to know that you are going to sell that contract?
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8 April 2018 | 3 replies
So I would like to come up with some kind of contract stating that I agree to sell to them and they agree to buy from me etc.
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10 April 2018 | 11 replies
Your purchase price should maybe be +/- $2000 from the appraisal price, but typically you should pay the appraisal value.Everything should be in-house - rehab work, management, etc - a turnkey company shouldn't be making you sign a contract for a third party management company because then they aren't really accountable to you long-term, the PM is.Beware of scarcity or scare tactics in sales.
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8 April 2018 | 14 replies
Make sure you include zoning in your contract contingencies.