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New to this game but I do understand how wholesaling works in principle but had a couple of questions in the negotiation/ closing portion.
1. If the potential buyers know you are wholesaling the property , do they pr...
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Greetings to all:
I have just received an e-mail from a tennant which I will paste below. We purchased a 4 unit building 3 weeks ago. 2 units unoccupied and 2 units occupied but no leases. Top floor tennant has lived...
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THERES A FORECLOSED HOUSE IN MY AREA THATS BEEN ON THE MARKET FOR 313 DAYS THERES ABOUT 2 FT OF WATER IN THE BASEMENT THERES OBVIOUS MOLD PRESENT SEEEPING THROUGH THE DRY WALL IM HESITANT TO BUY THIS PROPERTY BECAUSE ...
What are the best ways to handle tenant maintenance, emergency and non-emergency, without hiring staff, doing repairs yourself, or being on call 24/7/365?My husband and I have @10 units (single family and duplex) that...
I am a new real estate agent and I have a client that wants to allow 5K towards upgrades with a full price offer. Can you tell me how to do this? I dont want my client allowing people to pick custom upgrades then they...
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Do any of you use some type of bonus system with your contractors? $x for early completion. Or, a penalty system for not completing on time?Thanks!
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Hello all,I made a mistake and rented to a mother and two kids that are literally off the charts with their noise levels. Everyone in the building has complained about their noise. Two great tenants moved out costing...
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When buying, fixing, and renting property, how do i handle the business with taxes? I operate under an LLC, so should I just report rental payments as income taxes or is there more to it?
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I would like some opinions on something that probably happens every day in the life of a business person.Let's say hypothetically, you own 100 Main Street, LLC.You were denied a Credit Card so all you have is a Debit ...
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Rodents.. bugs.... killing weeds Do you handle all of these things for tenants if acquired during their stay?