B.C. Finance Minister Mike de Jong announced new rules Tuesday aimed at ending the controversial practice of 'shadow flipping' by eliminating a means for anyone but the seller of a house to profit from real estate con...
I am in the process of closing on a property in NJ.Literally in the mid's of things, title in works, loan approved, appraisal completed, just got it back today (expensive: by the bank).This is a non primary, investme...
When moving a tenant in, it is easy to skimp with the move-in inspection check list (or "Property Condition Report", as we call it) yet it is a critical document. I'm looking to improve my process for getting this...
Good morning, I’m looking for advice from a seasoned appraiser. I’m closing on my first investment property in the next couple weeks. What actually adds value to a home?
I am wanting to learn more about appreciation in Ohio.In your city, what is the lowest priced 3 bedroom SFH you've seen sell recently (move-in condition)? How much would that house have sold for at the bottom of the ...
My business partner and I made an offer on an out-of-state (OOS) single family property in October 2024. The lender required that the property be tenant occupied/cash flowing. We (the buyers) notified our agent that t...
In mid 40s, first time LTR buyer. $145k property, 20% down, $1900 rent, Monthly cost $1492 Doesn't meet 2% rule at 1.13%. With 1 month rent going to RE agent, and 1 month for vacancy and 1 month set aside for repairs....
I recently made an offer on a HUD house that was accepted with one condition. I accepted that condition. The paperwork was slow in coming and the realtor learned that an additional was added. That condition was that t...
I see some REIs sending multiple offers per day but how do you do so without getting in legal trouble? I talked to my agent and they say that it’s recommended that 1 offer is sent per 24 hours because if 2 offers are ...
Our tenants gave notice to our Property manager and they replied instructing them to be out by July 30th and to either mail the key or leave it in a hiding place. The tenant asked for a checklist and they said they do...