All Forum Posts by: Al Wilson

Yes, you need a lawyer. Good luck.

If you have a signed contract, you do not need a realtor. What you will need is a closing agent - either a title insurance agent or an attorney, depending on local practice. Good luck.

In that case, the best you can do is try to find rental history on comparable houses. Be careful, as "comparable" is a relative term and rental revenue streams on vacation rentals tend to vary more widely than on SFR.

You need to get and carefully review the rental history and be sure you know how much you will be spending on a management company. I would also ask for the seller's tax returns to verify the amount of maintenance and repair expense they have claimed for the last couple of years. Good luck.

For legal purposes, a JV is a partnership, so you would still need to get your attorney's advice and counsel. Good luck.

Agree with previous posts.  Sounds like brokering without a license to me.  Good luck.

Typically, no. Good luck.

One theory is that a crash drives investors to real estate. The other is that the diminution in liquidity slows down real estate investment. Keep doing whatever makes sense for you. Good luck.

Unfortunately, the most likely answer is yes. Get good legal counsel. Good luck.

We are here. Baldwin County. Blowing and going ....