I believe this may have been a false claim intended to avoid being sued for the remaining balance owed.Any advice on how to proceed would be greatly appreciated. 

I no longer entertain buyers agents from Carbutti and Company due to a past bad experience with one of their agents. The scenario was that a buyers agent wanted to be an impediment to closing a transaction between on ...

An entity that supposedly "helps" investors, but said nothing on how to avoid bad PMs. 

I have a potential long-term tenant whom I very much prefer to avoid any vacancy on my first deal.

The UPSIDE is as long as you lived there at least 2 years and you never used it as a rental you get to use sec 121 and AVOID any taxes on the first $250k if single, $500k if married.

Maybe even find a way to mark a dividing line to avoid arguments.Be prepared to fence it off if it becomes a problem, but it will probably work as is.

Below are a few helpful tips to help you avoid many of these common headaches:1.

With the changes to NAR rules as of last year, some brokerages are avoiding dual agency to avoid any potential law suits.In situations like this, which are likely to be more common, you can go with a real estate attorney, or find a local agent who is will to represent you, either at a discount, or willing to credit you back a portion of their commission.This can be done with non-exclusive buyer representation agreements, property specific exclusive agreements, and property specific non-exclusive agreements.Without knowing the exact type of properties that you are buying it is hard to say what strategy will work best, but you may find it beneficial to interview a few agents, and just run all of the offers through whichever agent fits your needs the best.

If you work for a traditional brokerage and blend representing buyers and sellers with wholesaling, it can be kind of messy and create legal grey area that your broker would probably like to avoid and that their E&O insurance may not cover.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!