All Forum Posts by: Jeff C.

I've never lost money on any real estate transaction. My conservative nature means that I've skipped some deals that would have made me money, but it also means I haven't cut it so close from the outset that I've lost, despite all manner of unexpected issues popping up on properties over the years. I'll take that. My mindset just doesn't cope well with losing money.

@Dan Handford

For November: 

"...GLVAR reported 7,003 single-family homes listed for sale without any sort of offer. That’s up 54.3 percent from one year ago. For condos and townhomes, the 1,605 properties listed without offers in November represented a 118.4 percent jump from one year ago... 

Active inventory (single-family and condos) is up sharply from a year ago, from a total of 5,273 in November 2017 to 8,608 in November 2018. Note: Total inventory was up 63.2% year-over-year. "

This coupled with about an 11% decrease in home sales for the month, and I don't see any possible direction for pricing other than down.

REO's often have an "owner occupant exclusive" period (HUD properties) where investor offers will not be considered. Only if the property makes it through this period with no viable owner occupant offers will investor offers be considered.

Does anyone know of a tool just like Property Radar that covers Texas and/or Florida markets?

Those who can, do. Those who can't, guru.

The true players in any field are not down at the Marriott doing seminars. They're too busy killing it in their chosen vocations. Gurus are great at selling the idea of themselves. That's their vocation.

The law requires you to make "reasonable accommodations" for an ESA. I think it's quite arguable that accommodating an entire emotional support petting zoo may begin to fringe on unreasonable. The provision is not to allow tenants to run roughshod over landlords without any checks.

 I think the replies from the original starter of this thread further revealing what he agreed to with his partners are pretty relevant. I would reckon that if this goes to court and his opposition knows about it, they'll be using them.

Of course the two of you agree. Neither one of you read the thread. Hahah. It's impossible for me to catch you guys up on it in a simple reply but neither of you are replying to the actual situation that exists here.

Or if perhaps you've stated in writing on a popular online forum that you agreed with your partners to do the job at cost?

I sure hope his partners don't read this board.