Neil G.
CA Seller Reveals is Licensed RE Agent as a 'Counteroffer'
2 February 2019 | 18 replies
As a licensed CA agent, the Seller probably has a duty to disclose that they are a licensed agent.You didn't know they were an agent when you submitted your offer, so you didn't include it in your offer.In their counteroffer, they are adding a disclosure into the agreement that they are an agent, as they are presumably required to do by the state of California.While I don't know the whole circumstances, nor am I licensed in California, that seems fairly normal to me.
Jennifer McPherson
NEWBIE - Help me analyze this deal
28 October 2018 | 6 replies
Your total expenses (not including debt service) is coming in at 30% of GSR, that's really low, like REALLY low.
Justin K.
Eviction Nightmare with aggressive tenants.
29 October 2018 | 98 replies
They have a history in the town that includes loosing their children for undisclosed reasons.
Gabriella Vehrs
To Scott Trench: What is a good personal finance foundation?
24 December 2018 | 4 replies
Eliminate all debt, including safe-ish debt like student loans?
Kevin Rowell
Leverage land holdings to purchase rentals?
26 October 2018 | 0 replies
Most of the downtown business has moved near this interstate and intersection including a Walmart.
Brock Smith
Back Charge for utilities or have tenant pay?
8 November 2018 | 4 replies
I suggest you get an average for the past year, increase the rent by that amount + 10%, and just add it to the rent so you don't have to think about it.Once exception: I put a cap on how much is "included" with the rent.
Kevin Powell
Can someone tell me what this means exactly?
27 October 2018 | 15 replies
Only thing is I haven’t put anything under contract I’m just a wholesaler getting to know his criteria. so when you say however much “you” got it for, you and in me or whatever the home is worth and 80% of that including repairs before ARV?
Horacio Gutierrez
Applying for a loan using rental income
7 November 2018 | 4 replies
Bob,Does that include mortgage payment or only the rent minus taxes and insurance, also you said "purchase in the same year as the home I purchase would about if purchase the next year does 75% apply or I can use all of the rental income to report?
Shane Brown
Possible first deal looking for advice
29 October 2018 | 8 replies
You can often call the utility company and get the past monthly average for the two years which might help.2: be sure to account for exterior maintenance including snow removal.All that said, if you are this far into evaluating, go take a look and see if it is something worth pursuing further.
Zubair Ahsan
How can I make quick and accurate rental estimates?
29 October 2018 | 14 replies
If you have enough time, the same platforms that everyone (PM included) used to list can give you a pretty good idea.