Corbin Wafford
Newbies: What is the competitive advantage?
(Hopefully) Soon many of us "newbies" will be making their first moves in the REI world. It's quite a daunting idea that seems to overwhelm a lot of first time buyers for various reason. One reason that I have recentl...
Account Closed
New York State Restriction of Landlord Rights: Summary
I am bringing you this information directly from the summary of provisions outlined in the bill that just passed entitled "The statewide housing security and Tenant protection act of 2019". Please note this is...
Justin Matesic
Almost A Year in... Need feedback
So the end of the summer will make it a year since I've bought my first property. I'm feeling pretty anxious about it lately, mostly because of a potential issue with my PM.I specifically looked for small MFR, that al...
Nathan Gesner
Need advice: Buying from a desperate owner
There's a lot of background on this but I'm going to keep it as short as possible because I have a very specific question. I am a REALTOR and intimately familiar with the home, the property value, and the rental value...
Autumn G.
Expectation of 20% CoC for STR and Turnkey: Should I walk?
I’m under contract to buy my first STR, and the house didn’t appraise. The seller has dropped the price to $1500 over appraisal, so at this point we can accept or walk. They’re selling the house fully furnis...
Jacob A.
Generating Listing or Buyers Leads
My wife is a realtor that needs some help generating some leads for either listings. We have tried a direct mail campaign that had decent response but has not turned into any listings yet. She has also been networki...
Craig Herring
First offer was a flop! Any ideas for my next one?
Well I put in my first offer on a 3 unit MFH this past week and it was rejected...without a counter offer...and was told my offer insulted the seller!Although I knew it was a low ball offer and didn't expect my first ...
Lee Tabb
Is Wholesaling legal in Ohio without having a Real Estate Lisc.?
These people make it sound like you have to have some type of license In Ohio to wholesale. Is that true?
https://youtu.be/9fi54S8nwUA
Greg Von Notias
Property Management Company Ripping off my In laws
My inlaws have a 4 unit property that should net around 10K a month. The PM company tell them EVERY month that between 4 and 7 thousand dollars of maintenance/repair is needed. My inlaws say, "well the building is old...
Rob C.
Is 70-80% ARV (minus repairs) unrealistic in a HOT market?
I have a property under contract in a hot area of Atlanta. I was comfortable with the $125k asking price given the impression that it was move-in ready (my plan being rent it out and ride the wave of potential appreci...