Karen Molnar
Determing if your market is ripe for single family home rentals
5 July 2021 | 4 replies
Hi, I'm just starting to learn about REI and want to know how to determine if your market will have plenty of potential renters for a SFH?
Tinah Canda
Historic Property and an Unsuspecting New Investor
7 July 2021 | 13 replies
That is why I can get the prices I do, because there are not a lot of people with the cash to buy them and then having the ability to pay for the cost to fix them too.
Yuzi Stha
Tenant not paying last month rent, thinks sec deposit covers (MA)
6 July 2021 | 11 replies
But in todays messed up moratorium era, all you can do is threaten and you might have to send him a bill for any repairs after he moves out.
Anuj Ansal
Water Backup Contractors
6 July 2021 | 5 replies
When installed in series, you have the ability for the other valve to come into play and act as a fail safe.
Logan Loughmiller
Different inspector than realtor suggests?
8 July 2021 | 18 replies
Its really up to you to determine how much of an issue it is.
Kristi Wolfe
Bidding war on a rental?
6 July 2021 | 12 replies
The time to determine rent is before you list it.
Duncan M.
Negotiation during Due Diligence period (as is purachse)
5 July 2021 | 3 replies
Hi Duncan, Yes you can negotiate during the due diligence stage and you can try to negotiate at any point in the sale process until close.If you end up not being able to move forward during your due diligence, your earnest money deposit should actually be fully refunded to you, provided you put in the contract that your offer is contingent on your ability to do your due diligence.There were several deals I worked on where additional repairs were found during our due diligence that necessitated negotiation.What we did was thoroughly explain to the seller the impact of the additional expense and then offer them the options of moving forward at a lower purchase price, or working out terms at the same price (owner financing/sub2/something else), or cancelling the agreement.Usually, the seller would choose to move forward at a lower purchase price but we definitely had parties choose to cancel or finance too.If they chose to move forward at a lower purchase price, we'd write up a simple 1-sentence addendum to the original contract stating the new purchase price and have both parties sign.You may want to include a deadline in writing of when the seller must respond by before you move forward with cancellation so you don't lose your EMD.
Holly Boss
How did you get creative to raise capital?
6 July 2021 | 3 replies
Analyze a few properties to determine total investment and then prepare a presentation to a potential partner on several opportunities.
Piper Pepperidge
Should I get my real estate license while I'm still in college?
5 July 2021 | 3 replies
It seems you're covered on time so then it's a matter of ability to pay up front costs like MLS membership, NAR membership, some marketing costs, and miscellaneous office costs.
Dave Vona
A sub-lease and rehab deal structure
10 July 2021 | 5 replies
Lack of cash or ability to qualify for a loan?