Shannon X.
What happens if...
A seller wants to sell their house to you but they had already listed it with an agency?
Tim Cole
Questioning a Contract
I am in the process of finding a new management company, and came across a contract referencing "procuring cause". This would allow the management company to collect fees on any tenant that stays in a property that th...
Kingsley Addo
When Will you Say Interest Only Payments Makes Sense on a Rental?
I have property I procured with hard money which is approaching the due time for me to refinance into a conventional loan. I got a quote from a company we decided to move forward with. This will be a DSCR loan. Howeve...
Daniel Smith
Who pays the commission on a commercial property sale?
I know that in residential sales, the seller usually pays the commission. However, on loopnet I see a lot of listings that mention a "commission split". Is this customary for commercial transactions? Buyer and Seller ...
Tim Dailey
Office Space Rental
Hello all,
My wife is opening her own practice later this year and we're starting to discuss office space--a small space with minimal furniture with the potential for her to partner with another person in the same fi...
Elando Serrano
FHA Loan After Unemployed
Looking to get an FHA loan sometime next year to buy a multifamily in the DC area. A problem is that this entire year I have not had a job, but I have been collecting unemployment. I have W2s from 2018, and 2019, and ...
Andrew Lichtenstein
Commercial Real Estate Broker and Investor from NYC
My name is Andrew Lichtenstein and I am a Real Estate Broker and Investor in New York City, and have been in business since 1991. I have personally bought and sold 25 buildings in New York City and closed more than 3...
Justin Smith
How does investing in an LLC effect your ability to borrow?
I'm a commercial real estate broker and investor. My current portfolio is a 3 unit apartment and 3 single family houses that all have debt on them. I'm currently qualified to buy a primary residence and am saving up t...
Eliot M.
Disagreement w/ Property Manager
Was wondering if I could get some help on dealing with my Property Manager. I have been under contract with my property manager for almost 1 year and have decided that it's not worth the money to continue doing busin...
Robert Burns
Lease Option w/Realtor
I want to lease option a property which is listed with a realtor and then immediately assign my option to a tennant buyer I have already qualified. I will get a fee for my assigment from the tenant buyer and then "wa...