Jimmy Shin
Property Management Company for Memphis Investors
Hello, I'm currently investing Memphis area from California. I have two PM companies in my mind to take care of my properties but one charges 50% of first month and other one charges 100%.What's normal rate for first ...
Justin Watts
How Are Commercial Contracts Executed?
Hey all, so here's my situation.I'm a fairly new real estate salesperson (coming up on a year in the industry), and things are just starting to pick up for me. I'm currently nurturing a pipeline of 8-10 solid leads, ...
Jeffrey Sommer
Variance for Duplex
I'm under contract for a duplex in Port Richmond. It does not have the proper zoning but it is build out correctly. It has separate gas, electric, two hot water heaters, etc. Has anyone been successful in going throug...
Joe Scaparra
Buying Section 8 Property
1st time buying a 4 plex and 1st time dealing with Section 8 tenants. I am looking at a 4 plex that has 4 tenants all section 8 and all on month to month leases. The property is located in Texas. All the units are ...
Nicole K.
Chicago multi-unit inspection period and costs
Does a 5-day inspection period seem reasonable for a 2 to 3-unit property in Chicago? This is what real estate agent is recommending, but this seems short to me. Would asking for 10 days in this market kill an offer? ...
Hugh Jameson
Offering a bank foreclosure closing costs?
What would look most attractive to a bank when making an offer on a foreclosure property Example 150k with closing costs paid by buyer 155k with a 3% contribution 160k seller paying all closing costs Round figures etc...
Anthony Jeffers
Question on HELOC amount being offered
I applied for HELOC with my credit union. Prior to the property appraisal being done, they told me the maximum amount I would be able to get. I thought the amount that could be pulled out was based on a debt to income...
RICARDO RUIZ
RENTAL FINANCING QUESTION FROM A NEWBIE
I was told by a co-worker that banks would not look at my personal home when financing rental units? And that banks make rental financing decisions based how much cash flow the rentals will produce. This does not mak...
Cyron Johnson
looking for advice on contracts
good evening I am currently a newbie and I am trying to flip houses. I may have potential buyers and sellers, but I do not have a CONTRACT. is there anyone with advice to getting started with a contract or know people...
Lexie De Stefano
Arlington VA: HELOC Bank Recs for Co-Applicant Non-Resident?
Hello!I initially planned to cash out/refinance my primary residence as if it was a BRRRR, but the rates make the mortgage unmanageable for the long term as I locked in a pretty decent rate at the time of purchase. In...