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All Forum Posts by: John Lewis

John Lewis has started 4 posts and replied 10 times.

Post: Utah market analysis

John Lewis
Pro Member
Posted
  • Posts 11
  • Votes 1

@David Li

I just closed on two properties in Utah this week, if the numbers make sense, after a short term disruption they’ll make sense again. Just be sure to have extra reserves to carry you through the tough times long-term investors I would continue to move forward. Just be flexible

Post: property lines not clear

John Lewis
Pro Member
Posted
  • Posts 11
  • Votes 1

The property Nextdoor goes down the center of my subject property and another is in the drive way. It’s like 4 property maps over one another. A real mess but the $2k is fair price I check with 3 companies 

Post: property lines not clear

John Lewis
Pro Member
Posted
  • Posts 11
  • Votes 1

I'm in escrow on multi-unit property in Utah and title wants an exception on their title policy for correct property lines because they property lines overlap and they don't know what they should be. I asked them to look as far back as they can to find when the error occurred but they have to do more research on it. I have two title company's working on this. I might have to pay $2,000 for a surveyor to see if he can get it corrected. Anyone have this issue? suggestions?

Thank you

Post: incorrect property lines

John Lewis
Pro Member
Posted
  • Posts 11
  • Votes 1

 I'm in escrow on multi-unit property in Utah and title wants an exception on their title policy for correct property lines because they property lines overlap and they don't know what they should be.  I asked them to look as far back as they can to find when the error occurred but they have to do more research on it. I have two title company's working on this.  I might have to pay $2,000 for a surveyor to see if he can get it corrected. Anyone have this issue? suggestions?

Thank you

Post: Coronavirus and late or no rent payments

John Lewis
Pro Member
Posted
  • Posts 11
  • Votes 1

If you evicted and your city goes on lock down, that means no showings or moving in or out. I'm working with all tenants to repay. Assumption is good tenats prior and pay on time.

Post: Utah Property line issues

John Lewis
Pro Member
Posted
  • Posts 11
  • Votes 1

Hello,

I’m in escrow to purchase a property in Utah and the title company has come back with a subject property plot map that shows the three surrounding neighbors all have property lines that overlay with the subject property.  the title company has said this is been this way for 30years and they haven’t been able to research how far it goes back.  All property owners have just moved forward with no concern of the map and nobody really knowing where the property lines are the title company said I could have a survey done of the entire block and then renegotiate with other property owners if Need be or I would Just have to except it and continue and close escrow as has been done for multiple decades now is anyone have any experience recommendations the title company will put an exclusion to the title insurance based on the property lines.  
thank you

Post: To buy Meth or Not to buy Meth...

John Lewis
Pro Member
Posted
  • Posts 11
  • Votes 1

Thanks was able to get $30k off with a little work🤞Should be great deal. It wasn’t a cook house just some partying fools but seller don’t kniw

Post: To buy Meth or Not to buy Meth...

John Lewis
Pro Member
Posted
  • Posts 11
  • Votes 1

How did it work out? I’m in the same situation in Utah

Post: Meth test

John Lewis
Pro Member
Posted
  • Posts 11
  • Votes 1

How did it work out?  I’m in that same position today and in Utah

Post: Networking with Investors, prop. mgr in Prove Utah & Sacramento

John Lewis
Pro Member
Posted
  • Posts 11
  • Votes 1

Hello,

I'm new to biggerPockets but not real estate. I'm looking to purchase 2-4 units in the Sacramento, Ca and Provo, UT area. I'm looking for recommendations for property managers & real estate agents in these areas.  I would like to begin networking with other investors in these areas as well.