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6 May 2024 | 8 replies
Since they are solely transaction based and don't have to deal with tenants after they move in:1) Many are only interested in getting their commission and moving on2) Many think they are doing everyone a favor by working with a lease client, because they could be making so much more working on sales transactions3) Many complain about screening processes as they only see them as:---Potentially costing them their commission if their client isn't approved or finds something else during the process---Slowing down their commission payment4) NEVER allow an agent to screen a leasing prospect as they have a conflict of interest!
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6 May 2024 | 11 replies
While you can potentially rent-by-room, this is a really tough configuration to do that with as 3 unrelated people seldom want to share a bathroom and if they do, they expect a pretty steep discount for it.When you mentioned rental arbitrage do you mean that you're open to someone renting it from you for the purpose of using it for arbitrage?
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5 May 2024 | 2 replies
I don’t want to just do it and potentially commit mortgage fraud.
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6 May 2024 | 7 replies
@Carlos C. in our opinion, the only real reason to put your properties in an LLC is for anonymity.Many investors screw this up though, by using their own name and address as the LLC Registered Agent:(All risk can be mitigated with enough insurance.
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5 May 2024 | 11 replies
Was also potentially looking at a STR investment property.
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5 May 2024 | 5 replies
Hi Elaine, question are what is your investment goals and risk tolerance?
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6 May 2024 | 23 replies
During this webinar, Maverick Investor Group promoted and referred potential investors (like me) to ABC Baltimore (Jay Walsh).
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5 May 2024 | 2 replies
But it was near a neighboring city (30-45 minute commute) with a lot of potential value.
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7 May 2024 | 34 replies
That's the risk of seller financing... the buyer can always default but at least the seller will have had collected on payments in the meantime.
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5 May 2024 | 4 replies
I am confused on how to think about my potential tax liability and I've had different opinions from professionals.