Mark Beekman
Seller is trying to back out of wholesale deal — What do?
[State of PA]
I have a real estate wholesale deal under contract (fully executed purchase agreement), but the seller is now saying that they think they can get more money, so they’re not going to sell to me. Ideally,...
Tiki Sun
My tenant is a call girl
Ooopss.. I post it in the wrong forum. I just moved it from General Info to Starting Out. Here's my story.
I owned a condo with 2 bedroom and 2 bath. I rented the other bedroom to help pay my mortgage. I found out af...
Martin Andersson
Depreciation calculation after 1031-exchange
In 2016 I did a 1031 exchange and I'm trying to figure out the depreciation for the replacement property.This is the information I found when doing some research:http://www.1031.us/PDF/Depreciationof1031.pdfLet’s say ...
Crystal Chang
Are contractors to be trusted?
My main worry as an out of state investor is if I want to get a property at a discount, the property would needs to be in some form of distress. I would then need to rehab it so that I can rent it out as a buy-and-ho...
Stephen S.
Would you discount rent for a better tenant?
My question is based on:
A lower rent is an appealing feature to most tenants.
So if the advertised rent is lower-than-market I would expect the pool of potential tenants to be larger.
A larger po...
Jennifer Lee
how to present low-ball offers?
Hi BP
I've been an agent about 1.5 months now.
Quick background:
I'm a small buy/hold investor for 12 yrs, got my license bc I'm always looking.
And others has asked me to do flip projects for them.
Anyways, I hav...
Manoj Sadasivan
Real Estate Agent Expectations
I am fairly new to REI with one rental property under my belt am working through an agent to find buy and hold properties in Metro Atlanta area, however here is the problem. Even after communicating my expectations ve...
Aaron Mazzrillo
Favorite Business Saying / Quote
The two sayings that have taken me through difficult times in my business:
"This to shall pass," & "The only thing consistent in this business is that it is consistently inconsistent." My new one is "Enjoy the slo...
Luke H.
Tenants tells me Texas law!
During a showing of a rental, potential tenants proceed to tell me that Texas law requires the landlord provide and maintain a refrigerator and stove. I've done a few searches, but not finding this law?They also said...
Keith N.
Tenant Wiring
I've been renting houses and duplexes for almost 12 years now, and this is the first time I've encountered this problem.I have a 3BR/1BA SFH that 3 guys in their 20's-30's started renting about a year ago. When they ...