Bobby Balentine
Rent increase to inherited tenants
Good evening all. When purchasing a property that has tenants and you take possession on the 6th of the month, at what point do you notify the tenants of the increase in rent? Tenants are currently on a month to mon...
Michael Lerch
Contract Question: Paying backtaxes for seller
I have a motivated seller that owes around $10,000 in property taxes. I offered to pay the taxes + $13,000 for the home. I called the title agency and they said they can take care of this at closing.
Do I make the p...
Matt Hadley
California small claims court question
California landlord. Tenant is suing in small claims court for full security deposit plus damages. He rented my house. I agreed to end his lease early because I wanted to move back in early. Everything was by email or...
Account Closed
1031 Exchange - Existing Duplex to New Construction 4plex
I have an aging duplex purchased in 2012 with substantial gains and I'm considering cashing out to build a 4plex. Would this be considered a "like kind" exchange in the eyes of Almighty IRS b/c it's a new construction...
Eric L.
How will technology affect Real Estate Investing?
We live in a fast moving world. What technology improvements do you see in the next ten years that will change how you invest?
One thing that I always think about is driverless cars. Google has driven a half million ...
Chris Farrugia
New Year's Resolution for more listings! Guidance?
I'd like to get 3 new listings in the next 60 days. If you put yourself in the same position, what would you do? I've expressed to my sphere of influence that this is my goal and have them keeping an ear out for me....
Shaun R.
First time having contractors do work and a couple questions
I have a couple questions about what I've seen so far from my first time having contractors work on a house.
First of all, I'm having them put laminate floors down in about 1000 sf of the house. This includes a foye...
Kyle Wakeman
Ways to protect myself when making offers
Hello. I am looking to make my first offer and it is a complex situation on the seller's end (POA is selling the house) and their agent is fairly new to the business. I do have an agent helping me with the purchase a...
Neal Collins
Tips on selling a tenanted 4-plex
We had to make a tough decision to sell a 4-plex in a nice, close-in neighborhood in Portland that we had anticipated holding on to. Other opportunities have come up and some cash on hand is needed. We completely chan...
Sharee Mason
How long before dropping price?
How long do you let a house sit on the market before lowering the price?