I'm a realtor/investor from Richmond, VA. Looking for some mid-term rental thoughts. Quick background: I currently rent 3 doors long-term. This would be my first crack at a mid-term rental.I've got a property that I'd...
In Virginia, a property manager must have a brokers license.
What happens if your clients are okay with the fact that you don't have ANY license?
Do they throw you in jail for managing someone else's property?!
S...
Just wondering ...I had a recent bad experience with a plumber that somehow convinced me that the 50% upfront and 50% at end was on the up and up.
Hey, I'm a young adult who has been studying up on turnkey properties and the pro's and cons of owning one, studying the various markets that offer said properties and so on. Overall I'm focused on acquiring one but I...
How much further would you look into a deal before passing? What if a prospective deal is slightly negative cash flow using the 50% rule, but might actually be positive using actual numbers? What's the risk of passing...
I found an REO my 85 year old Mom wants to buy in lieu of getting a place in FL. It is closer. I finally got in touch with the listing agent and he said he could get me a good deal if I went with him. I was not comfo...
I've only been advertising a week, and I've gotten some normal people, but some weird ones too.
Someone called today. They were living in Fort Lauderdale, not here. I told her I had an app fee. "You don't check credi...
I've recently become involved in an HOA that is really struggling. It is a high foreclosure pocket and there are now many vacant units and non-paying owners. Only about half of the owners pay the dues. We've lost o...
Hi! Trying to set my investing career off right. I always had the opportunity cost mindset and kept low interest debt to save for another rental property. Recently listened to a Dave Ramsey rant and he talks about pay...
When I asked about the status of a deal my agent was trying to line up for me, he (to his credit) told me he and his partners just put it under contract and that he would keep looking for a deal for me.I’m new to rent...