Caleb Haynes
I keep getting outbid on home offers I’m making
12 November 2021 | 81 replies
@Caleb Haynes Rentometer is some time lagged in my experience, so i listed a SFH for $1900 a month and it was rented in less than 2 weeks after being posted on Zillow in March, Rentometer would suggest somewhere between $1800-$1850.
Vimal Earnest
Can seller back out from escrow
14 April 2021 | 3 replies
We signed off all the contingency other than loan contingency at around March 20’s.
Edmond Dantes
Property Tax Not Paid from Prev. Owner and my Home in Foreclosure
22 April 2021 | 27 replies
My property manager has paid about 3,000$ with a Cashiers Check 26 March, so I have paid more than 2,000$ of delinquent taxes...The County has accepted this payment and now the amount due is zero.Thanks for your help
Justin Williams
New City Law Requires Changes to Leases/Late Fees
14 April 2021 | 6 replies
FYI...On March 22, 2021, the Baltimore City Council passed legislation that mandates changes to all residential leases and impacts when late fees may be imposed.Specifically, the law, entitled “Late Fees for Past Due Rent,” provides that “a residential lease shall include a provision that the landlord may not apply late fees to the rent until the tenant is more than 10 days past due with the rent.”As drafted, the above provision is required to be included on all residential leases in Baltimore City, whether or not a late fee is actually contemplated by the lease unless a statutory exemption from the lease requirements applies, e.g., it does not apply to leases for rental units within an owner-occupied residence.If a residential landlord seeks to impose a late fee for delayed or nonpayment of rent, the lease:must include a provision that prohibits a landlord from applying a penalty fee for late payment of rent until:(i) The tenant’s payment of the rent is more than 10 days late; or(ii) The tenant has received the tenant’s regularly scheduled government benefit disbursement if the tenant has previously provided the landlord with written notice that shows the day of the month the government benefit is normally issued or mailed is later than the day on which the rent is due.The Late Fees for Past Due Rent Law, which was signed by Mayor Brandon Scott on March 31, 2021 and becomes effective on April 30, 2021, only applies prospectively to new leases and shall not have retroactive effect on leases entered into prior to April 30, 2021.
Yuriy Skripnichenko
Philadelphia Market Update, March 2021
18 April 2021 | 5 replies
.- Townhome median sales prices in March hit a ten-year high of $245.0K.- In March, the increasing demand for townhomes pushed pending sales in the category to an all-time high (3,714).- Philadelphia County marked its best result on record for townhome sale prices ($250.0K).Cheers, Yuriy
Jane S.
Selling a SFR should i do 1031? Or bite the cap gains bullet?
21 April 2021 | 5 replies
When i got this house the NH was OK prob B- and now it is a solid C or maybe D+ and I have had too much vandalism.
Jhoana Olarte
Houston Real Estate Highlights in March
14 April 2021 | 0 replies
Single-family home sales increased for the tenth consecutive month, up 24.4 percent year-over-year with 9,347 units sold;The Days on Market (DOM) figure for single-family homes dropped from 65 to 45;Total property s...
Traci Sherman
Business partner and theft seeking advice
14 April 2021 | 0 replies
My partner came to the campground in March this year he took the camper with all my belongings with out informing me or anyone he wanted the things removed.
Stephen Resch
Syndication Exit Strategy -- "Sell" Asset to Yourself>
23 April 2021 | 23 replies
They are looking for longer hold times, less risk, and steady cash flow, and are willing to accept a lower IRR (or don't even care about IRR at all) than the first type of investor.So the strategy is to acquire the property with investor type A, fix it up, raise rents, pump the value, and exit...but instead of exiting to a third-party, they recap with investor type B and hold the property for years or even decades.
Sharon Tzib
Houston Housing Stats March, 2021
15 April 2021 | 0 replies
https://www.har.com/content/newsroom/: "With frenzied buying at the high end and shrinking inventory in the mid-to-low end, the Houston real estate market managed to achieve its tenth straight month of positive sales in March, with some of the data distorted because it compares to March of 2020 when very little business took place as a result of COVID-19 lockdowns."