Marian Smith
How realtors blackball flat fee listings.
Apparently many real estate firms block flat fee listings from feeding to their customer’s automatic search results. So the properties are only shown if the buyer finds the listing his or herself on realtor.com, zill...
Dustin Ruhl
Avoid investing while aroused
When thinking of the best investors compared to Star Trek, Vulcan's would make the best investors compared to Mr. Spock who would be more of a irrational decision maker. There are many emotions that can affect a human...
Chris Carroll
Discount Factor for Vacancies
Do any of you use a ball-park factor when buying properties with vacancies? You'd be assuming the risk that the unit(s) will remain vacant for 6-12 months.Example:You're looking at an office building with 2 out of 4 u...
Kevin Peterson
First Time Buyer - Opinions Needed
I am interested in a property that already has an inspection done by the seller. The seller will not allow me to get my own inspection in order not to disrupt existing tenants but has come down on selling price. Is th...
Miranda Crown
Weather-proofing issue, how to proceed?
I have a friend who is renting an apartment with what sounds like either serious weather-proofing issues or burst pipes and she is not sure (nor am I) how to proceed. Before they moved in, they were told that some...
Joseph Cho
buying my first home.. suggestions?
Hello, Im located in metro detroit area, I currently have about 30k saved up for a down payment. I was originally looking to buy a condo thats around 200k for my parents and i. My question is with that kind of mortgag...
Evan Krist
Newbie seeking thoughts
Hello, all! I am a newbie working full time and have been a licensed realtor part time for the past few years in Omaha, NE. I have been reading and listening to podcasts for several months. I’ve been able to save abou...
Mitch Rice
Payoff Car or Buy another Property?
I have a $16K car loan with a payment of $454 with about 24 months remaining. In my market that's also nearly the cost of a down payment on a property. If I treat my debt similar to a rental property, a $16K "investme...
Guy Purdy
Credit Pull
Could a person be prequalified based on there DTI without having there credit pulled? If I were to have my credit pulled, wouldn't it be logical for me to go through the entire application process of getting preappro...
Evan Myers
Did I offer too much?
3 bed 2 bath 2 car detaced garage 1674sf
Listed as REO on 8/11/11 @ $64k
Reduced after 120 days @ $59k
Reduced after 365 days @ $45k
Comps in area selling between $42 - 88k
Offer...