Geoff Antone
How is it going right now for Real Estate Agents?
Hello all, I'm a passive investor, my main business is in adjusting insurance claims as a public adjuster. The other day I had a Real Estate agent who referred a client very upset the claim was taking too long and was...
Carlos Silva
Can you 1031 exchange residential for commercial ?
I have a single family rental home I would like to sell. I would like to use the proceeds as a down payment for commercial real estate (raw land). Can I do this through a 1031 exchange?
Ken Badziak
20% down payment for a duplex? Or did the rules change it to 25%
I'm looking for a lender that would do a conventional loan on a duplex in Cleveland. Every book I've been reading always used 20% as the standard row payment, but now not one but two banks have told me nope, need 25%....
Jay Yoo
Do married couples need to be screened and each pay a fee?
Hi All. I’m sure this post could be redundant but Do I need to run credit report for married couples and each pay a fee? Only one is working and will pay the rent. I would not accept a tenant with criminal background....
Heidi Kloeer
Pottstown PA rental inspection lawsuit - big win for renters
I was asked to post this for a member of the local landlord group. More to follow soon:
Pottstown, Penn.—This morning, the Commonwealth Court of Pennsylvania issued an opinion vacating and remanding a lower court’s ...
Mike Jones
2 homes with 50% ownership in both - selling 1
Hello folks, I am new to the forum. This site came up in an internet search on the topic above. Thanks for your patience as I articulate the question.This is what I want to do: I purchased 2 investment homes with a ...
Justin S.
Shortsale Flip
I have never done a shortsale flip but I have four that are close to happening. My title company does know how to do a double close but they are telling me they can only do the flip if the end buyer is using cash or ...
Paul Zofsak
1031 exchange, on the fence
I would like to hear from the experts on this one; here is my story. In January of this year I closed on a house with a buy and hold strategy. I did an HML and then into a conventional loan, I rented the house an...
Kim Knaust
confirming offer price
Example - $103,000 ARVARV minus the following:$4,120: 4% acquisition costs & holding costs (2% each)$6,180: 6% real estate fee$30,000: avg rehab cost$30,000: avg profit$32,700 offer priceHowever, the teach s...
Tom Goans
Rules of the Business Game
Rules of the Business Game
There are no rules set in concrete.
Let me share an experience I once had that may help you with all future negotiations and business dealings.
In the 1980s, I was seeking professional in...