All Forum Posts by: Larry C.

Thanks so much Dave for your detailed response. I will keep digging into this area so I could figure out might work best in this and future situations. 

Hi,

I want to ask are there any members who have experience with Realty Mogul investment through a 1031 exchange?  I  am currently selling a Chicago two-unit rental building that will net approximately $200k that will close in less than a month.  Realty Mogul seems like an easier way to invest the funds without a lot of time-consuming efforts in a typical exchange.  The platform indicates that there are no agents, escrow or closing costs.  I want to check with you all if anyone has experience with Realty Mogul and 1031 exchanges.  Thanks.

This is a great thread.  I've gotten bored going to the gym and not getting good weight loss results in addition to lack of drive.  I've started playing tennis again since last year and it's helped but more importantly, I really learned to enjoy the sport again.  But I think most importantly, the key is really getting into a routine of a better diet and portion control.  Thanks for the motivation!

hi all, thanks for all your responses so far.

@Andresa Lobrace,  this is a 1925 built two-story rowhouse located in the Hartranft neighborhood of North Philly. In May, a Professional Engineer inspected the property and found a section of the basement stone walls and exterior brick wall above the basement of the house were bulging. The cause of the bulging appears to be from settlement of the basement foundation and former water infiltration. Additionally, a portion of the first floor was observed to be sagging. The floor joints in the basement of the stair were supported by posts and wood headers that had deteriorated and repairs were recommended (reinforce joist connections). For a permanent solution of the bulging walls, the Engineer recommended a system of steel shoring and diagonal braces be installed in the basement under the floor and against the building foundation. 

Hi, I'm a long time reader and new poster.   One of my west Philly properties (row house) was cited for a city violation in February that said the structure was "unsafe".  I had an engineer look at it and although the conclusion was the building is structurally sound, the city wants me to address the engineer's suggestions including some foundation and structural reinforcements and exterior work.  Does anyone recommend a good and reasonably priced contractor who could address the violation?  Thanks in advance.