John McKee
New rules for real estate commissions!
So what do you think about Buyer's paying their realtor's commissions vs the old way of the seller paying the commissions of both parties (5-6%). How will this change the industry?
Patrick Braswell
Home Equity Loan vs. Refi on rental without existing mortgage?
I think I'm in a pretty unique situation and am trying to figure out the right hoops to jump through to move forward.Long story short, I'm trying to tap into the equity of the rental property passed down from my grand...
Michael Evans Lill
HELOC on primary home tax deductible?
Hello, can I still deduct on my taxes the interest from a HELOC on my primary residence?in 2017 I already had a first lien HELOC as the only debt on my primary residence. (No mortgage; just the HELOC). I've read th...
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How much to rehab before renting the house out
I was thinking of moving into a livable house that needed updating and minor repairs, living there for 2 yrs then renting it out. Since renters don't take as much care of the rented property, how much rehabbing should...
Jake Webb
Chicago (NW Suburbs): General Contractor Needed
Hello All, my wife and I are in the process of buying our first house and are in need of a reliable GC in the NW Suburbs of Chicago. We are looking to do a fair amount of remodeling (eliminating weight bearing walls, ...
Amy E.
Termite Prevention
Do you guys pay for termite inspections/bait? All of the rentals I have show signs of previous termite damage, but no active termites. I looked into setting out the bait/traps myself and monitoring, but it seems lik...
Adam Bileckyj
How targeted can mailers be? (Lot size, # of rooms, specific zip)
I am looking for a pretty specific residential property in a specific zip code. For example, can I send mailers to all homes in a zip code with lots of .5+ acres and 3+ bedrooms? Or do they just go out to everyone in ...
Joseph Brown
Subject To on Underwater Property
A friend of mine filed bankruptcy in 2009, surrendering his interest in his home and thereby eliminating his personal liability on his mortgage note. After five years, the lender still has not foreclosed and my fr...
Leigh Ann Smith
Flood insurance for 100 yr floodplain
Will banks require flood insurance for rental homes in the 100 year floodplain? Also, is the AE zone the same as the 100 yr floodplain? We are wondering whether we should even consider purchasing SFR's which would req...
Kim Hud
Entry Doors with Deadbolt and Dummy Handle - Why?
Been a renter for some time and finally purchased my first property. The last two apartments I lived in all had a deadbolt lock but a dummy door handle for the apartment front entry. Putting new doors on the entry doo...