I have been with both a small boutique brokerage which had unbelievable commission splits, and with large brand name ones with bad commission splits. Which do you prefer?I actually prefer the large brand name even th...
Can a homeowner in foreclosure accept money and quit claim deed their property? And then can that new homeowner try to do a short sale with the bank and be the buyer and essentially the seller?
Does ceiling fans/ light combo increase the rent rate or not?I just purchased a house that had nice lighting in the bedrooms, but was not ceiling fans. I know ceiling fans are just something extra for tennis to break,...
Do you hesitate to answer when someone asks you what you do for a living? Do you hang your head when the naysayers label your industry as a bunch of vultures preying on the innocent, trying to steal houses from littl...
Hi!
I have been lurking around BP for a while and am very much appreciative for all the insightful information.
I recently sold one of my businesses and have plenty of cash to go buy multiple properties. I already o...
A friend at my "day job" asked me a question this week regarding cashing in his 401k to fund purchasing more rental properties, when he learned that I was in the rental property business. He's a mid-forties corporate...
For the past few months, I have been looking at some multi-units. I was interested in some but all the properties I was very interested in was listed by one particular shady realtor. I called the realtor to view the p...
Hey all,
A few questions re: note brokering in multiple states...
1. My ideal situation would be to build a long term note business (buying, selling & brokering) based in my home state of Ohio...how...
I made a cash offer on a house that was listed as a short sale with settlement within 45 days. My agent told me that the seller's agent told him that the bank approved the offer. We then signed a contract for sale wit...
I currently own my home in California and purchased our first rental property in Alabama a couple of months ago.
We are planning on leaving California in July of 2024 as the cost of leaving here is getting crazy and...