Chris Mandle
New owner raising rent
Just acquired my first REI. 3 plex in a C neighborhood and I would like to raise rent. Each unit is occupied and they are all on month to month. I was thinking of sending them a notice that in 3 months rent will be in...
Timothy W.
How to lose instant networking credibility
I went to a networking event Thursday for the first time in a long time and was sitting down when some idiot walked around the entire room and put his business card in front of everyone before even telling us who he w...
Peter Lee
Best way to purchase single family houses before they hit MLS?
My company is trying to purchase REO's individually before they hit the market. In my area, the houses on the lower end of the price range, i.e. sub 300k are being bid on fairly aggressively.
We are all cash buyers ...
Jessica G.
What incentive is there for a realtor to present low ball offers?
Hi everyone. Apologies if this question has been answered before, a quick search didn't come up with anything.Anyway - a friend of mine who is a real estate agent sent me a property that has not come on the market yet...
Kyle Glasgow
Listing price: reduce or be patient!
Just listed my first flip. My agent did the comps and after doing my research I instructed her to list a bit lower. The property is at 20 DOM now and there has been 4 viewing with no offers. This flip is in Baltimore ...
Andrew Smith
Random texts and calls to buy my properties?
I own several properties and I seem to get daily texts and call from people offering to buy my properties, usually without even specificying the property. Any idea how these people are getting my phone number, who th...
Rabeeya Khan
Turnover price quote from Vendor
Moderators please remove if not allowed: Hey everyone, We have a recently vacant home in indi that needed a quick turnover for next renter. Our PM’s preferred vendor send us this quote. Looking at the prices , along w...
Bruce L.
Is my contract voided? illegal?
I'm selling a property and had it listed on the MLS, we have already opened escrow, completed home inspections and appraisal , and past due diligence period
The buyer's agent put in a purchase price of $150k, however...
Samson Kay
Submitted my first letter of intent on Master lease with option
I'm excited. The seller has already stated that he would entertain a Master lease.
After walking down the property and neighborhood I decided that this was the perfect storm for this strategy! A subrenting bu...
Rich Weese
Finally!! An REO acquired
As many know, I moved from TX to FL to buy RE about 1 1/2 years ago. Bought a self storage facility before moving here. It has been great.
I was trying to buy foreclosures or reos on sfrs also. It has been a pain...