Praveen Balaji
$935 "Audit compliance charge" in Buyer agreement
My agent has sent an exclusive buyer agency agreement. I'm fine with everything in the document except for something titled "Audit Compliance Processing Charge". The agency requires me to pay $935 when the transaction...
Jason Merchey
Discount Listing?
What do you think about going with one of those discount brokerages - where you pay for the MLS listing but that's about it? On the one hand it seems wise if your market is strong and your house is desirable and y...
Hector Hernandez
Tenants insisting on rent discount due to repairs
I'm a relatively new landlord and am nearing the end of my first 12-month lease with my current tenants. The property is a 2/1 with me occupying a 300sqft ADU on the same lot. Recently we had some major water damage d...
Vyacheslav Velykorod
Multifamily units are they good for a 19 year old
I am 19 years old I attend a local community college, and work as a real estate broker, I was looking into buying a multifamily unit in my city (Fort Morgan) in order to rent out some units and live in one does th...
Wei Jie Yang
How to structure a Partnership for rentals fairly？
How are the terms of a partnership usually structured in regards to rentals? How is the usual split? I'm the money guy in this partnership and he's pretty much project manager/deal finder/etc.I worked with a business ...
Griffin Malcolm
What's a reasonable bonus for my GC
Approaching the end of my first BRRRR (rehab to be done in 2 weeks) and I'd like to reward my contractor with a cash bonus; I'm wondering what an appropriate amount of money is to give him. Percent of the rehab amount...
Bryan Munshaur
Verbal/Email Acceptance Than They Took Another Offer
Made an offer on a condo. The sellers verbally accepted my offer and in email said they were meeting that night to sign and just had a couple quick changes that once made and sent back to them they would send us the e...
Byron Scott
Tenant pays too much in rent.
Hey BP,What should I do if a tenant pays two months worth of rent by mistake. They haven't caught it but I've been finding out its better to be proactive than reactive in this business. How do I go about giving the mo...
Chris F.
Property Management In Phoenix
Does anyone have a recommendation for a Property management company in Phoenix. I'm looking for someone who's reliable, and has a sizable portfolio- someone who's been doing it for a while..
Jimmy Lieu
Do realtors hate seller financing offers on MLS properties?
If I see a property on the MLS and I want to offer seller financing (or use creative financing strategies to fund the deal), do listing agents quickly disregard these offers?I've heard that a lot of realtors resent se...