Jason Koehl
Paid 2K commission to realtor for tenant stayed less than 3 month
My friend who is an agent listed my MI home for rent on the MLS. Another agent brought me a tenant and their tenant signed a lease. This tenant lasted less than 3 months and then eventually moved out after giving an...
Diane Perry
HELP! Issue with insurability of purchase intended to be a rental
HELP! I have a situation and would love to know if you guys think I should walk away. My realtor is terrible, made a lot of mistakes, and doesn’t advise me well. She filled in the contract NOT as I requested, and it t...
Cora Gilmore
Tax info from a Property Manager
What do your property managers provide to you for your taxes if anything or you you keep your own spread sheet?ThanksCora
Amber Murray
Cash distribution to multiple investors
Hi, this may be a dumb question but I am trying ensure I have a clear understanding how cash is disbursed to multiple investors. Example: Let's say I have a property that produces annual cash flow of $50,000. The eq...
Jake Kucheck
Short Sale- Lender's Rights
I've stayed away from short sales as long as I possibly could, but now a family friend is in the unfortunate position of having to short sale or face foreclosure...and all of a sudden I am now forced to be a short sal...
Brandon Boogren
Vacant Property - Quality Tenant applied wanting to move in 2 months from now
In the beginning of 2024 I bought an investment property. After freshening it up and getting it rent-ready, I was able to list it two weeks ago.I've had a decent amount of interest, two open house showings with about ...
James Floyd
Empty Lot Money Pit
I only posting this for general thoughts and hope there is something I haven't thought of. I am not asking for legal advice just opinions if you were me. Any feedback would be appreciated. Ok here's my little situatio...
Christopher V.
First time being a landlord, rate my process
Good morning all,I believe I’m finally ready to list my first property today which is a townhouse located in Hoffman Estates, IL (Cook County). I’ll be using Cozy to help me out. I’ve been doing some research using th...
Chris Gallick
How much $ can I expect after claiming renovations?
Hello BP! I'm seeking input from a CPA or tax professional that might be able to help me regarding claiming expenses on an investment property. I'd like to know how much I can expect to receive back from taxes after c...
Mitch Freed
Real Time Resolutions
Has anybody had any negotiating experience with Real Time Resolutions? I've got an approved short sale with Litton as the first and RTR as the 2nd.
Litton has sent me an approval letter and they are allowing 3k to R...