looked at and missed a deal the other day. Cash buyer snatched it up. Here were rough specs:ARV 200KRepairs 15KSale Price 100KFor some reason, seller only wanted 80K at close and a note for 20K payable at 7%. Interest...
Background/Credit Check$ 20.00 + 30.00 Or Background/Credit $ 50.00OrBackground : 20.00Credit Check: 30.00Is this a big deal?
Hello everyone!! I have always loved the discussions here, so I thought I would open a conversation about an interesting situation.I have a client looking at a building - structurally sounds, bones are AWESOME. Build...
We recently acquired a dilapidated 5-Plex in a hot Portland neighborhood. Our original plan was to rehab it and hold. However, it turns out that the SFR next door is also going on the market soon. Both properties a...
My wife is a realtor (sole proprietor ) and has $0 income so far. I'm a full time employee. We usually file taxes jointly. Can we apply any of her deductions to our combined income? Or will her "business expenses" onl...
When screening applicants, do you apply the income = 3x rent standard for each applicant, or for all tenants who would be living together combined?
Is it possible to combine 2 LLCs? Lets say I have 100 identical single family homes in one neighborhood owned in two LLCs. 20 are 100% owned by one owner. The other 80 are 50/50 between the original owner and ano...
I am beginnning a search for an independent CRM system not associated with a brokerage. One that can manage my "day job" as a realtor, but also take on our personal REI business as well. Does this program exist or sh...
What's the best way to get dog and smoke smell out of a house?
We need a survey as/of record. If you are a surveyor and know what this means, please contact us. I think you can send us a message directly, if not, please post to the forum with your firm's name and we will be in ...