Brooks Johnson
Realtor's Banning Pocket Listings
The National Association of Realtors Board recently voted to ban pocket listings by 5/1/2020 or sooner(timing depends on local boards/MLS). Meaning all Realtor listed properties will have to go in the MLS within 1 bi...
Michael McDermott
Should I create an LLC?
I currently own one single family rental property and am looking to purchase a duplex or a triplex next to rent out. Would it be in my best interest to create an LLC?
I'm a newbie here and am looking for all the guid...
Tony Marcelle
Get it under contract?
Here is what I have. I have a seller contact me from one of my direct mail letters looking to sell her house. The seller wants $62k for the house. House is currently occupied with a tenant paying $725 per month on a 1...
Matthew Alderete
Anyone heard of Gary Massari
I saw a sign today at a Home Depot in Vacaville, CA saying "Real Estate Investor SEKS TRAINEE $10K MONTHLY CALL OR TEXT TO 925-***-****". I call the guy and he says to text him my name and email address. It sends me t...
Pepper Bradford
Need a holding Corp. when just starting out?
I understand that when we finally make our first deal, that property will be in its own LLC. But regarding the ownership of that LLC, my questions are:1) Do we need to go ahead and form a Corp now before we have any p...
April Griffith
Outrageous (IMO) snow removal charge
I use a property management company, and they used two vendors for snow removal at my house (short one-car driveway, small amount of sidewalk in Omaha, NE). Between Jan 23 and Mar 2, I'm being charged almost $1700 for...
Andrew George Dennis
Unattended death of a tenant
I am looking for some advise on an unattended death situation. I have a tenant who was a hermit. No family members, friends, or neighbors noticed she was missing. She apparently passed away in bed, and it could have ...
Doug Schorr
Surprised Cash-Out Refinance is so expensive
I purchased a positive cash flowing property last summer, for cash and am now (finally) looking to do a cash-out refi to pull the cash to use on another property. My other properties were all purchased with traditiona...
Bradlee Vaoifi
What is your least favorite thing about our industry?
Even when you love your job there are parts of it that can feel like a drag. What is your least favorite part of our industry?
Kyle Meyers
Appraisal Fee Deduction
I am getting a cash out refinance mortgage on one of my rentals and will be using the cash to rehab another property to rent out. As I understand it, the appraisal fee and some other closing costs are not immediately ...