Jered Sturm
Tricky Tax question on sale of primary residence.
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...
Konrad L.
MF Insurance: Actual Value vs. Replacement Value Opinions
Hello Everyone,I will be closing on my first MF investment property in about two weeks. One of the things left is to pick out homeowner's insurance. I've been shopping around and have gotten different quotes for Rep...
Aleko Petkov
Does an older house need to be rewired?
I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...
Michael W.
What is typical in buyer's agreements...
A little new to this so sorry if these questions don't make sense or if I don't use the right terms.
My "Buyer's Agent", who I like very much, sent me an agreement to review & sign. Reading it closely it appears...
Account Closed
Can the Previous Agent Demand a Commission In This Case?
I'm working on a Wholesaling deal. I had a property under contract through my own LLC that I found through mailing to expired listings. I did a bid sale this past weekend and one buyer really wanted the house turned o...
Robin Singh
Advice needed regarding auto insurance policy for agents
Hello everyone, I need advice from fellow realtors from California about Auto Insurance.I am a new realtor. My broker wants me to change my auto insurance policy to commercial auto insurance policy. Also my broker wan...
Luke Petro
Rat Infestation in multifamily unit in McKinley Park, Chicago
Hello!
I recently bought a multifamily in Chicago. During the inspection we noticed some mouse traps and a few mouse droppings--no big deal. Recently, the tenants started complaining of loud noises in the walls and...
Bruce Reeves
Is seller finance the solution?
Landlord since 1999. Duplex I lived in back in the day and kept after moving out. Very good area (Northwest Arkansas) and good property to attract solid tenants. It's been 95% good experience all these years as I scre...
Billy Bey
Rent vs sell a high cap gain property
Hey all. First time poster here. Been listening to the podcasts as I hope to get into investing soon. Question for the group. I bought my current place, a 3BR Santa Monica condo back in 2010 when I was single. Have a ...
Jacob Eddy
If I sign with a Realtor as a buyer, am I obligated to use them?
If I sign with a Realtor as a buyer, am I obligated to use them if the house I end up purchasing isn't on the MLS?