All Forum Posts by: Glenn R.

5 -10% of market value sounds "too good to be true". 

How will that be enough to motivate anyone, and how will that be enough to satisfy the lender?  

I do agree that people are much more likely to open & look at handwritten letters.  I live in a fancy neighborhood & receive tons of junk mail from realtors.  99% go into the recycle bin, since I'm not interested, but I do open and examine the handwritten ones that appear to be cards ( like a B-day or X-mas type card).  Even though I'm almost certain it's junk mail I'll still open it to see who went to so much trouble & expense.  If I were in need of their service I'd be impressed & likely to call.

I doubt many people facing foreclosure receive many nice handwritten cards & would be very likely to open it.  

I wonder why they'd want to go to a big city that already has expensive real estate and terrible traffic?

I'd think "quality of life" will be a deciding factor.  Not too far from the mountains, the coast, or a lake.  Clean fresh air, beautiful green trees.  

I'm betting the South East has a good chance.  

Thanks for the replies.  

Since trees or limbs have already damaged a couple of cars I feel like I need to help address the issue.  I already spoke to the manager last week, and will follow up when I pay her rent again on the 1st.  One of my neighbor's mother lives there too, and he's a local home builder, so I'll chat with him and see what he thinks.  

The facility is only a year old. It opened last November.  It's on a beautiful waterfront site, which gets plenty of strong winds at times.  The dead trees are leaning towards the parking lot, and will obviously fall eventually.  I don't understand why they haven't been already removed.   

The trees aren't very large, and would be a minimal job for a tree crew.  Why would a landlord risk waiting to deal with this?  

My mother lives at an independent living apartment.  It's a nice place, but I have a couple of concerns that I would like them to address.  My main concern is there are a few dead trees around the perimeter of the parking lot that need to be removed.  Limbs have fallen on a couple of cars & caused damage, and could just as easily injure somebody.  I have approached the manager, but he just made excuses.

I would like to call their insurer to inform them of the obvious potential liability that is present.  How can I learn who their insurer is?  I'd think that information would be available to some kind of state agency.  Any tips on this?

I'd call some insured tree professionals and see if they will remove it for free since the wood is valuable.  

Btw, we all have heard that Black Walnut is such a valuable hardwood, but I can buy it at a local sawmill for $2 per board foot, which is about the same as their price for Maple or Cherry.  I used it for my kitchen cabinets & our staircase.  It required a lot of labor, but I enjoyed it.  

I'm glad to see this topic asked. I'm not in real estate investing yet, but have some lake property that we will be selling in the next 6 months. I plan to FSBO and wondered about how to handle the closing.

  Considering it's raw land, in a very hot market, I'm not planning to offer a buyer's agent commission (at least not for the first 90 days).  What's a tactful way to state that, in case I change my mind later?  

My daughter's in college and needs me to be a guarantor on her lease.  I reviewed the lease contract and don't really like it, but I don't want let her down.  There are a number of negative Google reviews, but I realize more people will take the time to complain than compliment.  Any tips for a tenant about avoiding a bad landlord or management company?

How can I determine if the lease terms & fees are reasonable or not?

I agree with labor shortages being an issue.  This flood may give immigrants some leverage with Trump.   

Instead of being impressed with your income, you should concentrate on remembering your poor credit.  That's your main problem right now, right?  You need to control your immature desires to buy "stuff", before you financially deserve it.  

I hear you complaining about the noise problem of living in a big college town,  and can't help but wonder why you choose to live there?  Why not move to B'ham or somewhere with more stable work and a more grown up atmosphere?  Why drive 1 hour to work?  

I think you're getting a lot of good advice & good questions here.  You'll do fine, if you can manage to build your credit & control spending.