Nick Atwood
Why Real Estate Investors Should be Their Own Agents
As an investor, it didn't make any sense why I was letter a buyer's agent collect 2.5% of the purchase price, for the minimal return I was getting. After many sales, I knew the real estate forms well and had the buyin...
CRAIG BILLINGS
First post/first investment
Hi folks. I've been listening to the Bigger Pockets Real Estate podcast and the newly formed business podcast. I also listened to the audiobook 'BRRRR' by Mr. David Greene. And of course my first real estate book was ...
Chelle Knijnenburg
lease change the renter (a lawyer) wants to add about escrow
Hello all.Our future renter wants to put these two items in the contract, one is in case we put the house on the market. Note that she is a lawyer. We don't fully understand the escrow clause and how it might affect ...
Forrest Shealy
Multi-family that lacks documentation
I have only done SF in B neighborhoods until now. I am looking at a 10 unit in a C- neighborhood. The price is great. The numbers the current owner is giving me are good enough to leave some margin for error, and ther...
Bob Romano
Tenant always late, what to do?
My tenant has been in since Nov 2018. Out of the 4 months, he has been 15 days late for 3 months. My lease states rent is due on the 1st. It is late as of the 5th and there is a $50 late fee as of the 5th. He consiste...
Crystal Tynan
Heavyweight Realtor commission fraud
I am a real estate agent and up until last week, I was working as an 'independent contractor' doing marketing and providing real estate assistance for a top real estate agent. When I gave my resignation, as her market...
Margaret Feit
Reporting Personal-Title Properties on a Partnership Tax Return
My husband and I are members in an LLC partnership that owns several rental properties. We also have a handful of properties that are titled in our personal names because we have mortgages on them that had to be in ou...
Spencer OBrien
Do I have a squatter? How to get them out?
I have no lease with a tenant I inherited and I am getting paid by section 8. I gave her notice to move out October 31st. They requested to stay until November 7th. Now they are refusing to leave. Do I have a legal te...
Edmond Dantes
Property Tax Not Paid from Prev. Owner and my Home in Foreclosure
Hello
everybody,
I
have purchased a single family home in October 2020, with a
cash offer.In
January 2021, I asked my property manager to pay my
property tax of about 2,000$, she accepted and has paid with...
Robert Burns
Is Wholesaling Lease Options Still Viable REI Niche?
I recently considered shifting some of my REI business back to wholesaling lease options which I did successfully for several years. The last 2 years I focused on regular wholesaling "flipping contracts" but I though...