All Forum Posts by: Chris M.

So the mortgage would remain unchanged but the ex could be removed from the deed?

This is the way corelrect?   What is the process?

Working with my last tenant to allow people into the apartment to fix things was a nightmare.  I am thinknig of installing a smart door knob and lock so I or the tenant can program temporary codes to allow access when someone needs to show up to fix something.  Anyone ever done this?  Not sure how a tenant would like this.  I am pretty lax about stuff like this; it wouldn't bother me.  Any apartment has maintenance people showing up when you're not there to fix stuff.  

Looking to price my 1br 1ba rental and the closest one I could find is $2k furnished.  (My unit does include washer and dryer) There are a few other props I’m using to come to a fair figure but wanted to know how much fully furnished increases rental price.  Internet says everything from 10-40% but can’t find anything recent.  

I’m trying to figure out why housing prices took off over the past 2 years, all sources point to the pandemic, but I can’t find an exact answer as to how the global transmission of a virus increased demand or reduced suppLy.  One theory I saw was “people are spending more time at home, therefore they want to buy a new house”. They would obviously then put their house on the market, therefore the rationetwern supply and demand would not change, and therefore no change in value.  Of peole wanted to move “away from the city to take advantage of remote working” you’d see home prices rising in areas out of the cities and suburbs and dropping to an equal extent in and near cities, which is not the case (putting aside normal and insignificant differences in markets / areas).   If it were the low rates, then we’d obviously be atop a bubble that is about to burst which all sources say is not the case.

of course each case is different, but is there a data sheet or something that shows what differences between comps is worth.  for example a list of how much to adjust for each bathroom, bedroom, mountain view, lake view, partially obstructed view, sq footage, paved driveway, and as many other variables?  I'm just looking for a good starting point.

I'm looking to buy a primary residence without a buyers agent and am looking for negotiation strategies.  from what I've read online it seems the appraisal covers a great deal of the variables (neighborhood, market etc)  Aside from offering to pay what the appraisal says the property is worth, what else goes into it?  I'd assume the seller not having to pay a buyer's agent commission, would give the buyer some flexibility in lowering the price.

I saw a great home for a good price that has everything i want except it is right next door to a horse training facility and 400 feet from a large stable.  Anyone m is how far the smell will drift and how bad it will be?   Surprisingly I could not find any definitive data.  There is very specific info and ordinances on farms with cows and livestock, horses just anecdotal tidbits like it’s not as bad as cattle

I saw a listing that’s states “there is another +/- 8 acre parcel conveying with this property”.  And that is currently used for livestock.  The listing description says 8.5 acres.  Then in the facts it shows 16.5 acres (I’m assuming conveyed parcel included).  What does this mean?   If I were to buy this property do I own this converting land?  is the neighboring farm currently using this land?

@Julien Amparan

From most of the research I’ve found and insiders I’ve talked to there will most likely be a rebound once the market cools off and cost of building stabilizes, but that we are NOT in a bubble, and therefore won’t see a crash.