Michelle Meyer
Does an agent have to disclosed purchase is part of 1031?
Hello,
Buying a property as part of a 1031 exchange, trying to go on contract with closing on the replacement property 2 days after closing of the relinquishing property. Trying to avoid issues with the time lines o...
Mark Weins
When to ask for EMD
Hi, when is the proper time to ask for the EMD for a wholesale deal? Is it okay if I ask for the EMD right before I disclose the address to my buyer so they can do a walkthrough or should ask for it after I have alrea...
Account Closed
How to describe this repair?
When an addition was added to this home, the foundation was (what I describe as) chipped away. The addition is about 4 inches lower than the rest of the house. Carpet and padding were simply placed over this.I had t...
Amberle Farthing
Disclosure Required For Shooting months ago?
Hello BP! I have a quick question and would like to hear some feedback from other investors. I knew there was a shooting on the street but I didn't know the extent. The Tenant Buyer signed the contract and gave NROC ...
Barry Allen
Can I show clients a house I am putting up for sale?
I'm only 15 so this is just a theoretical question, but say I was a house flipped with a real estate license. Would I be able to flip a house, then when it's time to sell, act as a real estate agent, get s client, and...
Daniel Miller
An uncomfortable topic... disclosure of a death in a property.
I've mentioned before that this house that I'm trying to rent out, was occupied by my parents for 40 years. One thing I didn't mention, is that my mother committed suicide (by gunshot) there in 2009...
When my fathe...
Patricia Luna
Should I diclose in writing my relationship with the rental owner
Hello;I am a new realtor in PA., and I am marketing my sister's property for rent. We do not have a listing contract signed and I am not being paid for this. I am representing her and my brother in law with a power of...
Nhi Nguyen
Buying with death in the house
Hello BPers. For me, buying properties with natural death is not a problem. What about other causes/accidents like fire or tree falling, etc …, assuming no foul play or crime?Would you buy (either for holding or flipp...
Mathew Allen
Disclosure of property ownership in LLC
Hello fellow investors,
Hopefully someone has dealt with this before. We have flipped several properties. I'm a licensed realtor so when we list them I always disclose that I'm the owner in the private realtor rem...
Ayman Elmasik
disclose termite and mold in a flip when selling it - Houston TX
I am currently flipping a house in Houston Texas and I found termite that was treated and mold that was also removed (New,sheetrock)At the time of selling this house am I required to disclose that the house had termit...