Margaret J.
Are you paying an Acquisitions Manager:
Is there a standard pay rate in the industry that people are using to pay an Acquisitions Manager? A Dispositions Manager? I know it may depend on the volume you are doing, so I would like to hear from people that ha...
Oliver Wright
Where in BofA can I find my house that accidentally went REO?
My closing fell out because seller held fraudulent title. House went REO. This was about a month ago. I want to find whoever in bank controls it so I can buy it (as intended) before it gets re-listed (or sits and rot...
Marshall Rousseau
Fair Housing Question
Since I became a landlord several years ago, I have always use the same screening process. When I show a property, I have prospective tenants show up dispersed every 10 minutes on a given evening. The typical evening ...
Tom R.
Is a bad attitude enough to decline an application?
My tenant wants a roommate which is OK with me. She picked out someone and I sent him a request for a background and credit check via Cozy. He asked me to reimburse him the cost of the checks. I told him I wouldn't do...
Dan Gandee
Understanding Cash on Cash Return Is Your #1 Priority!
When I first got started in this business my mentor said "Start with the numbers and be an expert at spreadsheets!" Boy was he right...This game is more underwriting than anything. It doesn't matter how much money you...
Tim Ray
To renew (lease) or not to renew?
Hey all, in December 2023, my contract with one of my rental properties and tenant in Montgomery County, MD will expire.My options are to renew the lease w/ a 3% rent increase or give notice to my tenant and find a ne...
N/A N/A
I have the deals friends have the credit: how do i structure
what would you do? i have the deals my friends have the credit and collateral, how do i structure the deal for a win win situation for us.
the first property is an investment property.
Dina Harleth
Should financial advisors be knowledgable about buying/selling RE and tax implications?
I have a financal advisor on retainer for "asset management" but am trying to figure out what to do with my primary residence. I'm somewhat interested in real estate investing and may want to do a 1031 exchange (a...
Michael Glenn
Should I sell this property or hold into it?
I own a house that was built in Sun City Az in 2013 that I paid 274k for. Business required me to move out of state in 2015 so I had to find renters. The current tenants have been in the house and haven't missed a pay...
Sanjeev Advani
5 Key Factors for Hiring the Right Property Management Company
Hiring a property management company is a decision that requires careful thought. IREM President Libby Ekre, CPM, shares five essential things to look for:
Licenses & Certifications – Ensure the firm has certific...