Jeff Fairchild
Finders fee from agents
I came across multiple sites that say that Brokerages can pay fees to nonlicensees for referrals under state law if they don’t engage in activities with the referrals that require a real state license.How am I suppose...
Kirk Zacharda
Sellers financials
How far is to far to dig into sellers financials prior to making an offer. This is a 6 unit building 100% occupied. I received gross rent for the year and
Taxes.
Daniel Highsmith
Local Real Estate Forums
I see people posting under state specific forums. I'm looking for a Tennessee or Nashville forum. Can someone point me in the right direction? Thanks!
Account Closed
VA home loan multi unit property management Alaska
I'm sure I could ask each lender this question and I would probably get many different answers. My question concerns VA home loans on multi unit properties. My understanding is that a borrower may count 75% of the ren...
Filippo Baldo
Do 7-10% CAP rates on Loopnet sound too good to be true?
Hey people, I'm just a newbie and was looking around Loopnet.com and saw many properties (selling for 7-8 figures) with crazy cap rates like 7-10% which means 15-30% cash on cash return. Am I missing something? Soun...
Austin Davis
Real Estate Career Question
So I decided that getting involved with real estate in a professional capacity would be very good for my education in REI. I'm looking at trying to get into either property managment or as a real estate assistant. So ...
Account Closed
Different Landlord/Tenant Laws when Subletting
Here is a excerpt from a web page I found online: "Tenants have fewer rights under state law if they're renting a room in your home. For example, if you want your renter gone, you don't have to go to court. Give him e...
Jerry Cima
Property Condition Disclosure - NY
Are all sellers in NY required to provide a property condition disclosure OR a $500 credit at closing? When purchasing my own home, the agent made it seem like this was a requirement (the disclosure or the money). Wha...
Michael Gayer Jr
Just started an LLC, can I change tax election? (Disregard to S)
Aloha Investors,I have a Tax Question ...I just started an LLC on November 16. Can I change tax election? Change from Disregarded to S-Corp. I haven't done any transactions yet. Thank you in advance,Mike
Polina Ryshakov
Effect of inflation on Real Estate
Real Estate is generally viewed as a good asset when it comes to inflation, but often real estate is not included in the basket of goods that measures inflation, you may ask why, because we do not buy a house every ...