All Forum Posts by: Peter M.

I have used A1 locksmith most recently. I would use them again. (Not for a safe but I am sure they are capable)

Agreed. That's why I think people should make their own calculators instead of depending on forms. If you make your own spreadsheet you will understand the numbers better and you can change your inputs to $ or % depending on the situation. Sometimes it is easier to use percentages if you don't know actual figures but unless you really know what percentage to use, you are taking a risk by just copying what other people suggest. That is why it is of the utmost importance to know your market. 

I agree with @Steve Vaughan. Also, sellers who use agents have a separate contract with the broker regarding the fees and services for those fees. The agency requirements for brokers are very strict and although this may not break any of them the broker would have to be very careful with disclosures to you since you are not their client. If something goes wrong in the deal they could open themselves up to liability which they may not be willing to do. 

The standard offer and purchase contract does not address your 2nd option so you would need your own contract or an addendum which you would have to pay an attorney for. A normal broker might be intimidated by an offer which doesn't conform to the traditional process. Besides 6% of 300k is 18k so the agent is losing $1000 to do more work to make sure he gets paid. 

At eviction hearing:

Tenant to Judge: I read online that he can't evict me because the unit is not suitable to live in and I used to pay the water bill.

Judge: Did you consult an actual lawyer?

Tenant: Ummm, well no

Me: Trying not to laugh

Judge to Tenant: You have five days to move out for non-payment of rent.

Too much of a hassle just to burn extra wood. This isn't your forever home. Get the Yule log app on your TV. 

You need to talk to a CPA and a title attorney to get this straightened out. 

If there are no heirs a property would have to go through probate court. If you could somehow locate the law firm handling the probate process maybe you could work out a deal.

Since it is being auctioned at a tax auction then it probably means nobody has been maintaining the property since the owner died so it will be in bad shape. If someone has been taking care of it and try to claim it you will have to deal with the legal process of redemption or try to foreclose on it (this all depends on NY state law regarding tax liens)

@Jovan Gonzalez yes when you register it will send you a link. I watched the last one on my phone and took a couple screenshots of stuff I liked

@Rane Pearson Same as anywhere else. Comps are best but since its rural it may be harder. Talk to a local real estate broker. The bigger companies in the US usually have international offices that the can put you in contact with. For evaluating a rental it's the same everywhere- income minus expenses.

@Luis F. Escoto Multiunit is my vote if you can find a decent deal. More units helps defray vacancy and repairs. Plus if you live there you can get better loan terms. Just be aware it's more money for repairs and more things that can break