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All Forum Posts by: Shadonna N.

Shadonna N. has started 19 posts and replied 501 times.

Not Wexford.  I was with Evolve and they sold to Wexford last year.  My payment has been late 6 of 8 times.  My long term tenants left (not sure why).  I am following this topic also.

Post: Have a look, bring a buyer!

Shadonna N.Posted
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Very nice @Shayne Brescia.  I'm in and DC and I know that area.  You will do well.  Congrats!

Post: interesting Title Issue

Shadonna N.Posted
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I found an article.

Post: interesting Title Issue

Shadonna N.Posted
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  • Posts 520
  • Votes 162

Post: interesting Title Issue

Shadonna N.Posted
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Interesting is code word for bad.  There is a property I am researching that has multiple deeds of trust showing against it.   They are against the previous owners.  The current owner is bad with paper and does not have the releases nor does he have a copy of his title insurance.  A search has gone out to the larger title insurance companies and no one can find any title insurance in the owner's name.  The title companies associated with the older deeds are out of business.  I was able to locate one of the attorneys.  The deeds are old (around 10 years) but not old enough for some insurance companies to wite a title insurance policy.  I don't think the previous owners are waiting on their money.  According to city law, a deed of trust remains attached against the property until 12 years after the maturity date.  From what I see so far that is less than 5 years away.  I don't know the steps to clean up the tile after the time has passed.  This would be a buy/hold but the transaction would be financed so the lender would require title insurance.  What can be done to clear the title before the 12 year limit.

Post: Hardwood Floors

Shadonna N.Posted
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I usually go to wood floors plus or lwf.  Just wondering if there is a cheaper option.  I wish I could get floors for 0.75 sf.

Post: Hardwood Floors

Shadonna N.Posted
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Does anyone have a recommendation for hardwood floors.  I am not talkig about Lowe's, Home Depot. or Lumber Liquidatos who charge $3.00+/sq ft.  I am in the DMV so I do go to a few places that are a few cents cheaper.  Thinking the stores are probably purchasing for half the price (based on volume).  I want to go to the place where the retailer goes.  If such a place truly exists, are there any things I need to check.  For example, I hear short boards are often sold at the discount places.  Thanks in advance for your help.

Post: How would you structure this JV, what terms?

Shadonna N.Posted
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@Jacobo B. as a working partner are you doing all the rehab work?   If so, who pays for additional labor?

That's great.  Congrats!

Post: Buying appliances in bulk

Shadonna N.Posted
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Try AJ Madison also.  They are local but usually do free shipping and no sales tax.