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All Forum Posts by: Chris C.

Chris C. has started 14 posts and replied 48 times.

Post: Awkward Driveway-Looking for Advice

Chris C.Posted
  • Real Estate Investor
  • Victor, NY
  • Posts 49
  • Votes 3

Thank you! 

Post: Rochester Paving/Stone Contractor

Chris C.Posted
  • Real Estate Investor
  • Victor, NY
  • Posts 49
  • Votes 3

Should probably add that the property is located in Victor, next to Rochester. 

Post: Rochester Paving/Stone Contractor

Chris C.Posted
  • Real Estate Investor
  • Victor, NY
  • Posts 49
  • Votes 3

Looking to redo a driveway this spring and either pave or re-grade. Will be adding drainage. Looking for some suggestions of local contractors who do this sort of work.

Thank you! 

Post: Awkward Driveway-Looking for Advice

Chris C.Posted
  • Real Estate Investor
  • Victor, NY
  • Posts 49
  • Votes 3

My primary residence, which will soon become a rental property has an awkward driveway (they raised the road in front of the house). This creates a steep driveway that is a pain to back out of during the winter. The driveway is small and narrow to begin with. I have added a couple tons of stone, which has helped but I can see it being an issue for tenants, especially in the winter. 

Wanted to get some thoughts or ideas about the best way to solve! My thought is to pave and run drainage into the back of the property away from the foundation. There is a large stoned area back there already.

Thank you for your responses! 

Post: Any interest in an Ontario County, NY Meet up Group or REIA?

Chris C.Posted
  • Real Estate Investor
  • Victor, NY
  • Posts 49
  • Votes 3

Absolutely! Great idea. I live in Victor. Would definitely be interested. 

Post: Down Payment Assistance - Rochester NY

Chris C.Posted
  • Real Estate Investor
  • Victor, NY
  • Posts 49
  • Votes 3

Hope this helps

http://www.cityofrochester.gov/homebuyer/

NY also has a program. I believe it provides up to $7,000 to people who attend a class and match downpayment ect. 

Post: Leaf Guards.... Worth it?

Chris C.Posted
  • Real Estate Investor
  • Victor, NY
  • Posts 49
  • Votes 3

I live in upstate, New York. Property has lots of trees, which means each spring and fall we are cleaning out gutters. Weighing whether or not to install leaf guards. They seem to come in two types-metal grate and a mesh that goes overtop of the gutter.

Wanted to see if you have any advice or even think they are worth it.

Thank you for your advice and input! 

Post: Rochester Gutter Guy

Chris C.Posted
  • Real Estate Investor
  • Victor, NY
  • Posts 49
  • Votes 3

Hello,

I am looking for some suggestion for someone to clean the gutters of a small SFR in Victor and remount a gutter. Any suggestions are welcome. Thank you!

Post: Looking for Advice on Possible Exit Strategy

Chris C.Posted
  • Real Estate Investor
  • Victor, NY
  • Posts 49
  • Votes 3

Hello and thank you in advance for taking the time to share your thoughts.

Wanted to get the thoughts of this great community on selling a duplex I own. I no longer live in the city where it is located and have moved for work reasons. I have other investments/ and more opportunities in a better market (where I currently live).

My current property manager has offered to purchase the duplex and would take over all mortgage payments, management, repairs, water, taxes ect. For the next year. He would make some improvements and then buy me out when he re-fi's. I would get $10,000 upfront and the remainder when he re-fi's and totally buys me out in a year. In the meantime, I would add him to the deed at 50%. There is a mortgage of around $75,000 on the property. I would get 10k on the front and 7k+ on the back. Everything would be spelled out in an attorney drafted operating agreement/contract.

This is the deal he proposed. He does have a relationship with a local bank/portfolio lender which I have verified through searching county clerk records.  As a pm, he has been trustworthy. He is current on his property taxes and owns at least 25 other units. 

Just want to get the communities thoughts on doing a deal like this and potential pitfalls, as well as ways to make sure my interests are protected in the contract (I will use an attorney). 

Post: Rochester Exterminator Suggestion-Powder Post Beetle?

Chris C.Posted
  • Real Estate Investor
  • Victor, NY
  • Posts 49
  • Votes 3

@Chris Thank you again for the suggestion. Had him out today and he did a good job. Hopefully we got all the critters!