Charlie Cameron
Seller Financing: Balloon, Refi, and 1031s!
Hi all! My wife and I are have started actively seeking deals and are getting really excited! We think this is a way to supplement our military income once we retire in 16 years! While we have traditional financing...
Julia Cramer
Lost out to a lower bidder
Hello all. I have been reading this forum to gain some insight into bidding on a homepath home. Lots of great advice here, so thank you. I noticed a Fannie Mae home that I bid on and lost was back on the market. I...
David Ferrette
Using an Agent to Sell Multiple Properties - Austin, TX
If I wanted to list 3 spec homes each at about a $400k listing price, what would be be a fair seller's agent commission %? Would you expect a lower % for the seller's agent since they are getting so much business fro...
Anna Timasheva
Tenants want a puppy
Hi BP community!
One of my tenants ' dogs passed away. They are begging me to allow them to get a puppy- a French bulldog.
They claim that they trained 4 puppies, they are really good at this. The husband works from...
Tonia Butler Kinsey
Tenant wants M2M lease due to roaches
My tenant of 29 days is asking for a month to month lease so she can find a new place due to roaches. She sent me this long formal letter asking me to change her annual lease to month to month because she is seeing r...
Dan Cumberland
How Low of an Offer is too Low? I don't want to be written off
Hi again everyone!I'm putting together an offer in a slow market. I'd like to offer 20% less than asking, but I don't want to be so low that I won't be taken seriously. I'd take it for more than that, but I know tha...
Thomas Sherman
Can't Get A House
PLEASE HELP! My brother and I are fortunate enough to be able to start a Rehab business. He went out and got his Real Estate License with the hope to get better access to deals WRONG! I have spent the last 15 years in...
Donovan Carson
Denying Applicants or Prospective Applicants from Applying?
Hello, Ran into an interesting situation tonight and wanted some advice on what to do - I appreciate your time and thoughts in advance. Currently marketing a unit for June 1 that is a one side of a duplex. It's posted...
Bryan Hancock
Excess Loans Over Basis Tax Treatment For Wrap Sales
Okay...So I have been studying this problem for years since I started doing sub-to purchases/wrap sales and it gets more confusing every time I look at it. I was hoping one of the tax wizards on the board could expla...
Aimee Knier
Section 8 as first applicants... discrimination?
We run background and credit checks on our tenants. The first tenants that applied for a place we have for rent were section 8. We have developed a policy that we do not accept tenants:- with misdemeanors less than 8 ...