Braden Evans
Client, agent, lender, General Contractor gifting: Does this exist?
8 February 2024 | 3 replies
Each state should have rules for what real estate agents can “gift” their clients.This is the guidance in Texas:Although a license holder may not pay an unlicensed person valuable consideration for referring a potential lessee or buyer, gifts of merchandise with a retail value of $50 or less are not considered valuable consideration.
Adam DeShone
I bought a turnkey duplex with $0
10 February 2024 | 39 replies
But the potential big kicker would be from value appreciation in an area undergoing “revitalization” or gentrification.
Amer Swid
What do you think about this deal, go for it or dump it
8 February 2024 | 5 replies
The rent from the single-family house and the rented apartment in the multiunit house totals around $1,950, and you'll be living in the other apartment (but let's assume it could also be rented for $900), making the total potential rental income $2,850.
David Kim
Looking for a mentor
8 February 2024 | 6 replies
I'm keen on learning from your experiences and potentially forming a team where everyone can contribute their talents and continue learning.
Julio Gonzalez
Cost Segregation on Warehouse Building
8 February 2024 | 2 replies
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.
Sonya C.
Out-of-state real estate investing for beginner
8 February 2024 | 17 replies
I believe the Midwest is an excellent place to start due to its lower entry point and strong cash flow potential.
Tolu Fasan
New Investor in the community
8 February 2024 | 20 replies
Happy to chat with you about potential areas that may interest you.
Chae Young Hahm
Texting compliance advice please!
8 February 2024 | 4 replies
Or is it better to use a professional texting service to potentially avoid legal responsibilities?
Dylan Greytak
First Rental Listing - When to drop the rent?
8 February 2024 | 2 replies
Of those 4, only 1 was qualified and they ghosted me on the day of the showing.We're house hacking this property so I'm being careful about screening, which may be a turn off for some potential tenants. (6 questions pre-screening form, followed by a short phone screen and set up showing before requesting application)We aren't in a crazy rush to get this filled, as the mortgage is manageable and we're using it as our residence, but after a week at our lower price I am considering dropping it again.Another concern I have is how 90% of the inquiries I get are from Facebook.
Shane Alexander
Why would a home buyer waive contingencies on a house which has a lot of problems?
8 February 2024 | 7 replies
I must be missing something here because previous potential buyers realized these problems right away.