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Wholesalers Beware - Equity skimming: Tale of a local home sale and a lawsuit
24 March 2024 | 13 replies
I also think you should be required to be licensed.
Roberta Markevitch
STR Arbitrage... is anyone doing this successfully?
25 March 2024 | 25 replies
My friend has a property but I think he is unsure about the STR regulations/requirement and that's why he is not considering STR arbitrage, but would be open to MTR.
Nana Ofori
Question about owning an investment property
21 March 2024 | 6 replies
While you may receive numerous inquiries from individuals casually browsing listings, focus your time and energy on serious prospects.
Cory Collins
ReiSift Vs Invelo
22 March 2024 | 3 replies
I would say my main concern with Invelo is that I believe once I upgrade to the paid plan that I can only add tags to the total prospect where in ReiSift I have the abiltiy to tag prospect phone #'s (wrong # tags) and other individual stats per record.
Trevor Richardson
NAR Settlement - Direct to Listing Agent Lost Power?
24 March 2024 | 4 replies
Something like that where you are paying a la cart fees that are applied at close under the buyer-broker agreement and commission agreement.Its going to be fun to figure out this year and next, I’m building basically a subscription based brokerage right now anyways where they sign up for the “plan” that suits them which will require the mandated buyer-broker agreement and commission schedule.
Julia Hagen
Do I count my "Doors"?
22 March 2024 | 22 replies
I have three homes, some of which I've subdivided into individual units, one of which has an attached granny, one a remodeled garage studio, and another in which I just remodeled the master suite add-on into a large studio.
Joseph O'Sullivan
Property Management Interviews
23 March 2024 | 14 replies
Ask them when they issue distributions (anything before the 15th of the month is a red flag), do they require reserves, how is maintenance charged, do you see copies of outside contractor bills, do they upcharge materials (PM's have LAR accounts with Lowes and often get 20% off), do they keep all late fees or just the management fee, what other fees do they charge (renewals, inspections, etc), where are tenant security deposits held, how are evictions handled and are you consulted before filing, what screenings do they run, what qualifications do they require from tenants, ask for a couple other owners to visit with for a reference.
Ryan Braman
Insurance companies leaving markets - government reaction
23 March 2024 | 1 reply
Not care, introduce legislation to bridge mortgage insurance requirements with lack of providers, get in the insurance market themselves?
Sage Jankowitz
DO NOT CALL list
22 March 2024 | 81 replies
You don't know your neighbor, and you never see him at the house, so you decide to look him up and call him to ask about the car, thinking maybe he'll sell it to you, since he seems to have no interest in maintaining it .... you're just an individual calling up another individual to ask a question.
Ahuva Druin
Refi options for a six-unit STR
24 March 2024 | 16 replies
Some may also require 12 month seasoning