Michael Brown
What should I offer for this 4plex?
Current income is: $1675 per month/$20,100 per year.Tenants pay between $325 and $500 per month. Two losest payers have been there 5 and 13 years. Once stabilized they should pull $700 each.Last year's expenses were: ...
Kyler Lee
What will executive order mean for landlords
I see where evictions will be prevented in the new executive order, does this mean tenants can not pay and still live in your property? I know the same kind of deal was in place through July and we didn’t face any non...
Elisabeth Lernhardt
federal ban on evictions
2 months ago congress women AOC rallied for a stay on evictions and rent forgiveness! Today I am shocked to learn President Trump wants to do just that. He plans to stay evictions until the end of this year for renter...
Chris Lounsbury
Property Managers: What do you do with one good prospect, one not
This is something I come across quite often as a PM, and I'd love to hear how others handle it. I see it a lot with couples, but also with roommates. Something that worries me is lets say wife never puts things in h...
TJ Brown
Can I write off inspections on a house I turned down
I have paid over $600 For a house inspection, radon testing, and a pipe scope on a potential home I was going to move into and then fix up and eventually rent out. Am I allowed to write this off on my taxes?
Nancy D.
Written agreement for property management
Hi,
I'm looking to rent out my condominium in Hoboken, New Jersey. I'm living abroad in Australia and don't intend to return to the US. I've been trying to sell my apartment for months now but it's been sit...
David Currey
Best states to buy NPN seconds?
I am looking into purchasing a few NPN seconds with the intention of attempting to get them re-performing or offer a reduced payoff to settle. I will be looking for houses with the first lien current. I understan...
Darieal S.
Turning a Wholesale Deal into a Seller Finance Deal
Hello, I'm Darieal. I've been learning the Wholesaling Business for a little while now and have at least completed a deal. I'm coming to you for some advise, direction &/or Clarification.
I currently ...
Ronald Hunt
Short Sale Networking
I'm looking to network with someone who specializes in short sale transactions. I've recently started in real estate looking to do wholesale deals but most of the prospects I've come across need to be done using th...
Daniel Levine
selling agent terms
I recently flipped a house in New York. The selling agent wants 9 months exclusive terms with 6% brokerage fees. I am concerned with the 9 months exclusive terms and want to change this to 3 months. What is a typic...