Charlie MacPherson
Short Sale Madness - are you seeing this too?
6 September 2018 | 4 replies
I can't count the number of foreclosure sales I've attended that had short sales under agreement, short sale approved, just waiting to close and the bank slammed the door on it with a foreclosure.Because MA is a non-judicial foreclosure state and the banks are not required to disclose anything about the pending foreclosure, other than the public notice, it's nearly impossible for a short sale agent to know the status of a foreclosure and how much time they've got to get the deal done.
Joshua Paul
Is Investing in 4 Plex with FHA loan a good idea?
8 September 2018 | 6 replies
What I'm trying to say is to be very careful owning only 4 units a gentleman that has been buying apartments for about 25 years and owning about 5,000 units and is a multimillionaire has taught me a few things with his many videos on YouTube and being on with Josh and Brandon a couple times and doing many public speeches and predicting he will make about 150 million this year might qualify him as knowing what he's doing.
Ken Spence
New Rent Controls in Sacramento?
5 September 2018 | 2 replies
I just read an article about new potential tenant protections in Sacramento: https://www.sacbee.com/news/business/real-estate-news/article217675615.htmlThere's not a lot of details about the propsed ordinance, but they say its similar to ones passed in Palo Alto and Santa Barbara.
Nancy Lucca
Better to buy out of state and rent it out or buy a place for me?
13 September 2018 | 9 replies
Nowhere near ($1200 a year/$100 a month) which is what the rent increases are doing.Property taxes in California are protected under Prop 13 which limits the amount to 1% a year.
Krystal Baker
Market diversification - too many eggs in one basket?
9 September 2018 | 10 replies
For example, if you read the annual report of American Homes 4 Rent, the largest single family public REIT in the country, you will notice in the management discussion and analysis section that they mention they don't reach scale until they own hundreds or even thousands of units in one given city.
Lilian Chen
Becoming a Commercial RE Agent
7 September 2018 | 7 replies
No car.. don't bother.. unless you become a commercial agent that works in a certain sector with a large firm in a large urban area where you can manage walking or taking efficient public transit..
David Zheng
My biggest deal ever... and it went bust. (sort of)
11 September 2018 | 42 replies
Account Closed the drugs was a joke... not sure why anyone would publicly announce they took drugs even if they did.
Jaran Ramsey
Lender advised he cant close under an LLC
12 September 2018 | 14 replies
Meaning they want the protection of the LLC but they also want the rates that Fannie Mae can give them compared to portfolio or commercial.
Ryan Hansen
Issue Transferring a Rental Property to our LLC
7 September 2018 | 14 replies
Hi Everyone,We have been planning to move the ownership of our rental property into our LLC for tax reasons and to protect our personal assets.
Mel Mills
How can I find what a piece of land sold for?
6 September 2018 | 4 replies
Public records are online in most states....google up the county Property Appraiser, Land Tecords, whatever it is called there.