I have faith that there is success to be found in real estate through properly educating yourself, having perserverenece, and not being shy of some hard-work.

Hello,I’m a new college who made a goal to buy my first rental property by the time i’m 25 (which would be in 2 years) and am starting my career as a commercial real estate broker in Grand Rapids, MI.

Below are a few ideas to think about.Appraisal Concerns: Include a clause in the counteroffer to address any potential gap if the appraisal comes in lower than the offer price.Closing Costs: If the requested $10k seems high, propose a lower amount or adjust the sale price to cover some of these costs.Escrow Deposit: Counter with a higher deposit to ensure buyer commitment.Financing Contingency: Make sure there's a clause that protects you if the buyer’s financing falls through.VA Requirements: Understand and prepare for the specific requirements and inspections associated with VA loans.Professional Advice: Consult with a real estate agent or legal professional for tailored advice.Communication: Maintain open communication with the buyers for a smooth negotiation process.Best of luck with your sale,KC

Will these items raise the value of the duplex to a future buyer In that neighborhood, that is something to speak with some local real estate brokers about.

Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I’m in the same boat - chatted with VestRight sales, got interested in joining, and started looking for real life reviews to reach final decision as the program cost is not cheap for me.Wondering what was your decision?

A year of rent sounds great on the surface but I’m wondering why they wouldn’t just pursue a normal year long rental…maybe they’ve been bad renters or have bad credit or low income.

Others are mailed in a #6 envelope with a hand written address and a real forever stamp. 

Regardless of the bonus depreciation phase out, it continues to be a favorable strategy that creates significant tax savings.ReclassificationDuring a cost segregation study, the real property is reclassified into new categories of personal property based on its useful life.

If you push on the sheetrock/drywall and its solid, its surface stuff.... if its soft at all, then its more than surface and the drywall needs to come out and the real reason for the mold needs to be figured out.Based on pictures, its looks solid, but pictures can be deceiving.If its surface, its all about moisture and ventilation.