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All Forum Posts by: Edwin Wong

Edwin Wong has started 3 posts and replied 10 times.

Post: Looking for Real Estate Lawyer

Edwin WongPosted
  • Posts 10
  • Votes 2
Quote from @Larry Bondar:

@Edwin Wong

Almost nothing is up to today’s code besides new builds they always upgrading codes so no I wouldn’t do anything they are crazy! Most I’d do is drill a few small holes in the ceiling and foam in some areas that are maybe not insulated right or where holes like pipes go through or vents that should be the easiest way to satisfy them Sorry if I wasn’t much help I’m in wa state

Thank you!

Post: Looking for Real Estate Lawyer

Edwin WongPosted
  • Posts 10
  • Votes 2
Quote from @Larry Bondar:

@Edwin Wong what city state?

The condo is in Long Beach, California

Post: Looking for Real Estate Lawyer

Edwin WongPosted
  • Posts 10
  • Votes 2

Hi all,

I just purchased a condo unit a few months ago and was able to rent the place out. A few months in now, my downstair neighbor mentioned that the previous owner made an arrangement with them and said they can do a sound test inside the unit. I allowed them to come in to completed the sound test, now the test result is saying that the sound proofing in the floor/ceiling assembly is not up to building code. I am not sure what to do next, especially now that I have a tenant in the unit. Looking to see if there are any legal advise or any general advice.


thanks!

-Edwin Wong

@Maxwell Ventura thanks for the reply and that makes a lot of sense. I was thinking these options as a super hands off investment (and also the location seems great), but with all the fees I understand why it is not worth it.

Thanks for the reply! These seems really intriguing to me so I would like to learn more.
 

Can you provide some names to the ones that you stayed in ? so I can do a bit more research on it.

thanks!

Hi all,

I came across these listings where you can purchase a unit in a hotel, in this case is the Hard Rock Hotel in San Diego. Have anyone had any experiences in these type of deals? If so, can you provide any details and thoughts that you have? 


thank you in advance!


-Edwin Wong 

Did you end up checking them out? Am also interested and wanting to learn more about it. thanks!

Hi all, thank you for all the inputs ! I am looking to take some cash out of my existing property for the downpayment. Do you guys have a good recommendations on who I can reach out to for both heloc and dscr ? Thanks in advance! 

Got it, I don’t currently live in the property, I am renting it out to a friend. In this case, what would be a better option ? Thanks !

Hi All,

I am trying to get advice on getting either a Heloc or DSCR loan (welcome other suggestions). I currently have a condo in NY that is fully paid off and I am hoping to get a Heloc or DSCR to get some cash out to get a rental property in either Texas or Arkansas. Looking for advice on the best way to do this .


thanks!

-Edwin