All Forum Posts by: Gabe Waldrep

I would agree with Jacob. If the light still turns on and functions, then I would not fix it. But I would have that conversation with the tenant. Maybe let them know that if after a few months of paying rent on time, you will look into repairing or replacing it with something similar. Definitely have a conversation with the tenant, letting them know that it is not a critical item but you will repair it in time. Set a deadline and a goal.

I would have to agree with most of the above advice, especially since you are out of state. Get an agent to help. Having someone local with local connections and knowledge goes a long way. In my experience it is well worth the cost. 

This is common. I have helped a few investor clients purchase wholesale deals, and we always have to add my commission on top of the price. Most of my investor clients are repeat buyers, so I don't charge them the normal 3% realtor commission. It's up to you on how much commission you negotiate. For me it depends on how much business I expect from them and how many properties we have to view per deal.