Arnold B. Guerrero
What is an average fee to a realtor on a property under $100k?
I am trying to hire a realtor to sell my mothers 55+ mobile home in Southern Cali. The Realtor tells me that property under $100k commotions is 10% plus $1k to broker. Is this a common percentage?Thank you in advance
Marlin Q. Parker, Sr., Esq.
Average Closing Costs
Hello all, What are your average closing costs? What percentage do you find reasonable? We have a $33K property under contract in PA; furthermore, we find the lender's loan estimate for $7200.00 in closing costs egreg...
Jane A.
To cancel listing agreement
My friend signed the listing agreement and in a few days decided that service does not meet his expectations. Listing agent demands $1500 for cancellation. This looks unreasonable because seller provided professional ...
Justin Knighten
Proper turnaround time for repairs
What is the proper amount of time to get a repair accomplished in a rental. I had a tenant let me know yesterday about a broken dryer, I'm leaving for vacation on Saturday and today was my only chance to work on the...
Donald Lanzer
Putting a offer on a foreclosure
I'm looking at a foreclosure listing on Zillow for $180,000. It also mentions that the outstanding balance on the original mortgage is $145,000. Is it unreasonable to lowball this lower price or will the bank most lik...
Melvin McMillan
FHA 203k loan
Hey bigger pocket Fam, I was wondering is it possible to have two FHA loans out at the same time?I purchase my first Multi-Fam property with FHA Loan 3.5% down and now about year later trying to purchase an second dup...
Kirk R.
Insurance cost? SFH how much to insure?
Wondering what others are paying to insure their SFH rentals.I have been quoted $500, but heard of other investors getting $250.How much are you paying?
Leland S.
Housing Completions lagging
https://twitter.com/RidgeLendi...
Why is everyone stuck?
For me: metro permits being unreasonably long, waiting on contractors and subs to get to the job site. Long lead time on materials.
The pandemic really tie...
Brandon Stone
Wholesale deal with no close date?
I'm buying a wholesale deal and there was no close date on the contract. Ok, yes I made that mistake of not realizing it, but I was more concerned about the deal! I know you have been there too! I assumed it would be ...
Sherry Solomon
Management authorization threshold
i’ve been going back-and-forth with someone about this and I’m trying to figure out: what is a reasonable figure for an investor to told her property manager that they can spend on repairs without specific authoriza...