Account Closed
Prospective tenant has not signed electric lease, can I move on?
I told a prospective tenant that we would love to have her move in. I prepared the lease and she has not signed it. It’s been over 24 hours and the unit has gotten 6 more inquiries since I submitted the lease to her v...
Luke Anderson
What are realistic closing costs?
Below is a work up of approximate closing fees for a property I am looking at in Annapolis. The approximate sale price is $201,000. I have done estimates using the rental property calculator tool on here and in there ...
Robert Wilkinson
Listing agent wants an extra $10,000?
Hello, I'm a new member and excited to be here. I recently put in an offer on a property and my agent said 'this listing agent is unusual and that that purchase includes $10,000 to the listing agent. This was not list...
Jose Almonte
Who pays for utilities?
So looking into single family homes in the $400K range.
Assuming $150K downpayment the mortgage payment comes out to $2300 rounded.
Property tax is usually around $6300 a year rounded. $525 a month.
Zillow rent ...
Colin Smith
Would you flip a property with SEVERE foundation problems?
Let me descibe the situation...Property conditions:The house was built on a steep incline and appears to be falling down the fill. So much so that cracks are all throughout the house, it feels slanted when you walk th...
Josh Milewski
What's Proper Etiquette When Visiting A Tenant Occupied Property?
I'm working a lead and the seller gives me permission to visit the property after confirming a time with the tenant. The seller told the tenant I'm an insurance agent so not to reveal the potential sale. I wasn't plea...
William Coet
Syndications: General Partner vs. Limited Partner
Hello,Specifically wondering what advantages the General Partner(s) has compared to the Limited Partners....Thank you in advance for any insight.
Olga Daisel
Tax question on depriciation of new construction
I have the following case, numbers are made up, but the situation is real.I purchased a house in 2021, rented it out, in 2022 I demoed it and build new, finished construction in January 2023 and rented out almost imme...
Joe Stubbe
Buying our flip and taxes
We have a flip that we completed and like so much that we are considering moving into it for a personal residence and refinancing it to a primary. Are there any tax implications since it’s currently in an LLC and will...
Bill Haley
PropertyGRID platform - Who knows about it?
What do you all know about PropertyGRID? https://propertygrid.com/
Someone told me about it and it uses blockchain technology and tokenization of ownership with the purported goal of enhancing the real estate transac...