Dustin Wise
Short Sales and MLS Status
There seems to be 2 schools of thought when it comes to short sales as it pertains to the MLS Status (Active, Backup, Pending, Closed). Specifically when the listing agent receives an offer on a short sale. However, I...
Michael Lautenslager
Fair partnership proposal
A partner and I are purchasing and planning to quickly sell a condo. What would be a fair consession or agreement considering what we can each bring to the table?We were trying to keep it as close to 50/50 stakes as p...
Samuel Beshara
Joint venture with seller to fix/flip
Hey Guys,I know some people have discussed this before and didn’t really get a clear or positive answer. I wanted to get more information on if I were to structure a deal where the seller keeps paying for the ongoing ...
Olga Daisel
Lease termination mid of the lease term
Need an advice.My tenant has a lease till the end of 2024.He wanted to terminate and since the end of May we agreed he will pay 3 months for termination, which he did. I found a new tenant in July. Should I pay the te...
Jenny Ng
NYC co-op purchase - unethical and potentially illegal practice of the listing agent
What actions can I take against the unethical and potentially illegal practice of the listing agent?
Hi everyone. The co-op listing price dropped to 390K on Zillow. My agent sent the listing agent an email offeri...
Anthony Capaldi
Does this sound like a good loan
I am going to be buy a property using a private lender, we agreed agreed to 20% down payment, he’s covering 100% of the purchase price and the rehab, with 15% does this sound like a bad deal it’s my first property.
Silver HIll
Fighting: recorded contract that was cancelled prior to recorded
Hello, I was under in a sales contract for my property, however the seller and buyer could not agree on all of the terms and conditions after many attempts.
There was an error in the contract for HOA Fees (98 dollars...
Dawn Archer
Property buyers lender wants a building burnt before committing
We are selling a cabin in Wisconsin however the buyers lender said they want an old abandoned cabin burned before committing to their loan. The county has not condemned or deemed this old cabin on property as a hazar...
Wesley W.
Letter template for late rent with late fee waived as a courtesy
Does anyone have a template for a letter they are willing to share that memorializes that the monthly rent was paid late, but that the late fees will be waived this time as a one-time courtesy for a good tenant?
Th...
Don Spafford
Rent to own vs Lease Option vs Land Sale Contract
What is the difference between Rent to Own, Lease Option to Buy, and a Land Sale contract? If there is a difference, which is the better way to go and how have you structured your deals to make it beneficial to you as...