Michael J Scanlon
Fiduciary responsibility when wholesaling
I have someone who is a family friend who has had their father pass away. They want to get rid of his condo ASAP. They don’t want the trouble.I am an agent (but a newer one) and can list the place but they would also ...
John Chapman
I never want to own a house again.
I moved to DFW in 2005 about a year after law school and immediately purchased what I perceive as an expensive house. I spent way more than I should have and bought way more house than I needed. Like many people my...
Matthew Wright
Sellers Lawyer Steals Deal
Anyone ever have a great deal (verbal) going with a seller and have the seller consult their attorney about the upcoming transaction and have the attorney steal the deal? I did and it isnt a good feeling. Its what I w...
Kevin Prentice
Landlord vs. Tenant -- Anatomy of a Trial --
Went to court today. >>>> in the words of Judge Smails (from the movie Caddy Shack) "didn't want to do it...felt I owed it to them". Sorry, that just came to me. Anyway......If you're going to be a Landlor...
Account Closed
Why is the "appreciation perpetuity" being ignored when valuing properties?
An investor who invests in a property with an 8 cap return for a hypothetical amount of $1,000,000 will earn $80,000/year in cash flow. IThe 8% return provides the investor a strong return which is about equal to ...
Mitchell T.
Broward County NEWBIE Meetup!?
In addition to the REIAs and REIC meets we should all be going to, I was thinking of setting up a meet up for just us SoFlo Newbies. It's a good chance to meet more fellow BPers over some brews. We can share our newby...