Andrew Slezak
Section 8 rent increase
Hey team,I’ve put an offer on a property that has had a section 8 tenant for the last 8 years. The numbers with my offer will yield excellent returns. Current rent is $797. After checking the local housing authority ...
Mary Shea
My Listing agent is stepping down to represent the buyer.
Who represents me in the negotiations now that she is stepping down? Here is her email to me:"I need to start this email by letting you know I have secured an offer on the Calhoun home.The buyers have requested I rep...
Greg Soon
Any bank will do a cash-out financing in less than 6 months?
I bought a foreclosure with cash, and would renovate and rent out. I know in general the bank wants to have 6 months seasoning period.There is a thread on using your own LLC to create a loan and then do a refinancing ...
Charley C.
refinancing apartment for little under 5 million
You lenders ought to love this postHi, I am studying the benefits of refinancing into a lower rate. I am wrapping up the construction of an apartment complex (about 40,000 sf 34 units, Class AAA little over the top in...
Kyler J Sloan
Represent Yourself as a Dual Agent Buyer?
I am considering getting my own license, and was wondering if it is possible to represent myself and a seller on an off-market deal in NC?
This seems like it would be or should be prohibited.
Account Closed
Including Real Estate Agent on off market deal
My wife and I are in the process of purchasing a condo for my mother in law to live in. Through the use of the strategies I learned on BP I found an off market deal from a landlord that is wanting to sell.
We have a...
David Sumner
Rental Competition
Hello Everyone,I'm looking to acquire a couple of buy and hold properties and was researching different areas. I've yet purchase my 1st property and in looking at various neighborhoods there are certain ones that appe...
Simon May
New York City - Brooklyn - Midwood - Condo
Hello All,I have a condo unit in the Midwood area of Brooklyn, New York. I did not list this on the public market yet. The building is newly developed and still has tax abatement for 10+ years. My tenant has moved out...
Henry Lazerow
Why the NAR lawsuit will not lower commissions and may actually increase them
This mainly boils down to the fact that if co-op is not listed on MLS then all buyers agents will have buyers sign an agency agreement prior to showing properties. These agency agreements say if seller pays less then ...
Jimmy NA
How do you become an agent for banks?
I noticed that one local agency in my market gets all the homes that are taken back by the bank(s). How does this one agency get all the listings? How can I work my way into handling the sales (by listing) the propert...