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All Forum Posts by: Mary B.

Mary B. has started 3 posts and replied 36 times.

Post: Pittsburgh Atlanta Wholesale

Mary B.Posted
  • Decatur, GA
  • Posts 36
  • Votes 39

My section 8 tenants are on a month to month and the city is still paying.  Can you just buy and hold with the tenants in place until conditions improve?  That is what I would do, unless you're using hard money and stand to lose a lot in interest.  I have a couple of houses in Pittsburgh too. 

Post: Buying a home as an investment in Pittsburg Atlanta?

Mary B.Posted
  • Decatur, GA
  • Posts 36
  • Votes 39

I own two in Pittsburgh and one in Capitol View and 100% agree with @Nicholas LaGatta on this one.  I also love the neighborhood and people, but you're going to have to approach it with an open mind and some patience.  Capitol View has plenty of lovely craftsman style homes on the market in your price range and there are some great deals to be had if you're willing to put in a bit of work.

I actually have found the CoA very willing to talk with you in "hypothetical" situations.  I know an investor who just completed an East Point flip and pulled only Electrical permits through a licensed electrician. 

I have a historic home on a busy road (Sylvan Rd) and code enforcement + building inspectors are definitely out and about.  I've got a stop work order stuck on the window and I'm not even working on the house, lmao.  I'll refrain from commenting on the code situation, but suffice to say that I am currently precluded from both working on the house and not working on the house, hahaha.

That being said, they allowed me to pull my own demo permit, after I sought pre-inspection approval by the Department of Buildings.  This is for complete demo of over 51% of the structure.  My guess is that these vague situations ultimately come down to who is on the other side of the desk when you go downtown.

I am wrapping up two renovations in Pittsburgh and am not selling, but get calls almost daily from people trying to buy.  I also made a full price cash offer last week on another home, but lost it to a low bidder who got in first and raised their offer to meet mine.  My experience is that the best deals have already been snatched up and the remaining residents have been so inundated with the blanket mailers and phone calls carpet bombing them with low-ball offers that they're unwilling to sell at any price.  (And good for them.) If the LLCs hoarding vacant and boarded up properties start liquidating their inventory, I'll get worried about the state of the market, but in my admittedly limited perspective, there will continue to be development opportunity but with tighter margins and longer hold times.    

I'm just curious what you ended up doing on this, @Nicholas LaGatta?  

Post: City of Atlanta Code Violations

Mary B.Posted
  • Decatur, GA
  • Posts 36
  • Votes 39

In case anyone else ever runs into a similar situation or is curious about the outcome, here is what has transpired since I first posted. Dropping the whole "friend" shtick :P

The property has a number of issues and a long history of code violations due to unrepaired tree damage.  I purchased the house in this condition with the intent to rebuild it.  I assumed there were some recorded violations, but the previous owner had removed the placards placed by Code Enforcement, so I was unaware of the severity of the status until last week, when I discovered the placards and an associated court case in the ACCELA database.  The charges were filed against the previous owner the day *AFTER* I acquired the property, so it was a little murky as to if I had any exposure or liability.  One of the officers I spoke with indicated she believed that the charges in the case could transfer to me at the discretion of the judge and that I should plan to be in court for the scheduled hearing, while the solicitors at the court would not give me any information as I was not named as a defendant in the case. 

I registered the property as vacant as required by the COA.  I made many calls to COA Code Enforcement but what really helped was to find the last dated inspection of the property using the ACCELA site and getting the name of the most recent Officer assigned to the house.  I called back and asked for her desk AND cell phone number, since they are often out of the office doing inspections.  She was *VERY* helpful and happy to work with me to handle the issues at the property.  She agreed to meet me the next morning and explained to me the following:  

When a house with existing code violations is sold to a new owner, the prior violations are attached to the previous owner but the Placards are attached to the property.  What this means is that the prior owner is responsible for the charges pending in Fulton County Magistrate Court for the code violations, however, those Code Enforcement cases will now close and be reopened as new under my ownership.  The Placards (which stipulate the hazardous conditions) remain on the property until I have made sufficient repairs or improvements as to qualify for a new certificate of occupancy.  Even though the charges were filed the day I took ownership, they are specific to the prior owner's failure to address the condition of the property and are not of my concern.  

Since the house had Placards designating it as hazardous, neither I, nor anyone acting on my behalf, could be permitted on the property without a Conditional Letter from Code Enforcement.  She was able to issue me this letter once I filled out the form to request a demo permit from the Office of Buildings - I did not have to submit this permit nor did I need it approved to obtain the letter, only to fill it out and sign it to show my intent.  As the officer assigned to the property, she had also already received my Vacant Property Registration.  We agreed that I needed to remove the damaged portion of the house and seal off the remainder in order to bring the property into compliance until I am ready to rebuild.    

I won't go into my adventure at the Office of Buildings, but suffice it to say, I still do not have a permit to demo the damage. I'm working on it with the various officers of the departments involved but what I wanted to remark on was the helpfulness and transparency of everyone involved from the City of Atlanta.  It is daunting to come at something like this for the first time, but everyone I spoke with (even the inspector from the Office of Buildings who had issued a stop work order on any cleanup) was genuinely helpful and kind.  I would encourage anyone even seeking information about potential projects to visit in person and not be dissuaded by horror stories about the process.

Thanks to @Michaela G. and @Rick Baggenstoss for their helpful advice! I'm cautiously optimistic about the future of the property :)       

Post: City of Atlanta Code Violations

Mary B.Posted
  • Decatur, GA
  • Posts 36
  • Votes 39

The property owner before owes $8000 to the COA for cutting down trees without a permit at the property too.   He just lost that appeal.  I'm really only worried about the fines for non-compliance once the court gets involved - it is $1,000 per day!  I think you're both right and I can get through it so long as I show that I'm playing by the rules and have a plan.  I've just got to make sure both of those things are true.  Or so says my friend.  Right.  ;)  

Post: City of Atlanta Code Violations

Mary B.Posted
  • Decatur, GA
  • Posts 36
  • Votes 39

Thanks, @Rick Baggenstoss.  My friend may need to call a lawyer since it appears that criminal charges were filed against the previous property owner the day after the property changed hands and the solicitor is unwilling to answer any questions about said charges as my friend is not the named defendant yet was the legal owner at the time.  What a mess.  Code enforcement relays that it is in the hands of the judge now, though it is worth mentioning that my friend has retained the services of an architect and is moving forward with plans to bring the property up to code.  

Post: City of Atlanta Code Violations

Mary B.Posted
  • Decatur, GA
  • Posts 36
  • Votes 39

You're the best!  Thanks, Michaela :)

Post: City of Atlanta Code Violations

Mary B.Posted
  • Decatur, GA
  • Posts 36
  • Votes 39

I should add that it's a newly acquired property with existing violations, not that I'm palling around with slumlords hahahaha