Michael R.
Security Deposit Reduction - Addendum Procedure
Fellow Illinois landlords and property managers,A year ago I rented a home to two individuals who met most but not all of my minimum requirements. In order to mitigate risk, I asked that they provide 3 months of secu...
Donald M.
Price Reduction after Under Agreement?
I made an offer on a foreclosed property recently. After several days, there was a reduction in the price by $8,000 on the MLS. The next day they accepted my offer which was over the asking price! What does this mean?...
Mikhail Petrenko
Property tax reduction after foreclosure
Hi everyone!I bought a foreclosure property once. The assessed value was 200 000 and I bought it for 600k. A county assessor increased the value to 600k.Here is my question.Let`s say I am buying a property with an ass...
Juliet Hawthorn
Looking for tax reduction strategies
Scenario: I buy 3 properties in an LLC and the properties are rented with a net income of $30,000 a year.I leave that money sitting in a bank in the name of the LLC. Each year I use the entire rental proceeds to reinv...
Sheryl Griffin
Price Reduction Request after Offer
Made offer on a house - offer accepted. Now I'm in the 10-day inspection period (per the contract), and inspection and contractors find "mildew" - indicating potential mold exists - throughout the home. Plumbing, el...
Mak K.
Utility & Maintenance Reduction Program?
I recently saw on a MLS listing "All residents will be enrolled in the Utility & Maintenance Reduction Program at an additional fee of $20.00 per month"Anybody any idea how this program work or what is it?
Enid Jennings
Inflation Reduction Act Tax Credits
Greeting BP,I've done a little bit of research and have yet to find the clear answer - so I'm putting it out here: Do you know if the credits for heat pumps (or other energy upgrades) will be allowed for a residential...
Roberto Aguilar-Cancino
Lien Reduction Negotiation boosted Profit
Investment Info:
Single-family residence fix & flip investment in West Palm Beach.
Purchase price: $79,000
Cash invested: $42,000
Sale price: $209,900
SFH with a lien that was 3x the sale pri...
Mehgan Moore
Balancing debt reduction and cashflow
We purchased a great property in 2012; due to appreciation and aggressively paying down the mortgage, we have some good equity in the property. This allows our monthly cash flow to increasing.We are looking to purchas...
Danielle D.
Guidelines on a Rate Reduction
I'm currently working with two banks to lower payments on my commercial mortgage. The first is offering to refi our loan at a 75% LTV against an appraisal done a month ago. The second, our existing bank, is offering...