All Forum Posts by: Shervin Golgiri

Hopefully this is not some news to you, but sellers are no longer having to pay buyer agent commissions, now is a Choice, which might be confusing, but there is nothing to worry about. still, it doesn't change the fact that to maximize profit, it's wise for sellers to offer a buyer agent commission, attracting more qualified buyers to the listing. and for buyers, the main change is the need for a few extra forms and agreements before viewing properties. 

If you ask, "What really changes!?" in my opinion nothing beside what I have mentioned.

Cheers!

 No problem, glad was able to help. At least you're clearer about the situation compared to few days ago. It's likely that's the reason they turn off the utilities. there are few ways you can go about this situation. one that I would consider, try to communicate and have him agree with you on a date and time to take possession of the property. 

for the lock I would tell him, yes. Lock is being replaced when I come in to take possession of the property.  you would need to assess the situation more and decide on how you're going to go about it. Also try finding more information on Utilities. You're doing good.

Hey John,  I'm licensed agent in kentucky, and just recently relocated in california and licensed agent in california as well. 

Louisville, KY been my home town for 20 years, that's the market I know the best.  I also participate in market and manage two properties in louisville(Growing a small portfolio.)

let me know if you had more questions,

shervinrealtor.com

I would word it out differently, tell him if he cooperates you will help him when he's looking for new place, he can use you as referral. also let him know that the contract will give you the right of entry with proper written notification.  

You have to show you that you're not just "MR. NICE GUY" and if necessary, you can and will take different routes. 

maybe offer $50 gift card for the inconvenience and keep things in good term but you should stay firm and sound more entitled. 

Be open to the Idea of Investing out of state. In Midwest you can get single family residential at 7%-10% cash flow. You can expect 4%-6% equity appreciation gain, especially with current rate and inflation.  

shervinrealtor.com

Hi Ryan,

Look at the leasing agreement and see if his name is even on the lease. It takes a lot more effort to make the inspection go through smoothly when who have situation like this in your hand. withing 48 hrs. written notice you should have been able to go inside property for Maintenance and Inspection. check your leasing agreement see if this was added to your lease.

Its good that he's communicating with you, keep that channel open and work something out but be open and expect if this led to actual eviction. hope for the best but prepare for the worst. 

shervinrealtor.com

Hi Carlos, since best option is off table and now you need to look for a new buyer maybe try relisting it with an agent who has good network and understanding of what the goals in this transaction are. 

you never going to get the dollar-to-dollar value that you put into the property, and we are not even considering the time and headache. Get it off your hand with minimum headache and take notes of the expensive lessons. Best of luck, 

shervinrealtor.com

Hey James, you need to look at it in a simpler way. First what's you net cash-flow after HOA fee and other expenses. Location plays a major role in decision making. How often does a property is being listed withing same HOA and price trend.

Condos come with less responsibilities and more convenient to own and use as rental, but history and market trend has shown Single family residential, comes with more equity appreciation and higher Cash flow. 

The Idea of maybe you should sell this condo and move on to something Better for the longer run! is really good, but make sure you consult with an investor friendly agent, and you could make the better decision with more clarity. 

shervinrealtor.com

A real estate agent can help you with the contract. 

Are you curious about what Kentucky's real estate market has to offer?

YES, you can still achieve cash flows of 7% to 10% in the single-family residential (SFR) sector.

If you want to learn more about these opportunities, don't hesitate to reach out. Kentucky's market is one of the few where such profitable returns are still possible.

Shervinrealtor.com