All Forum Posts by: Pouya Banki

I can recommend https://kelleygrantlaw.com/firm-overview/attorneys/ i just did a deal with Jerron. Good team and reasonable. Tell him I sent you and if you want a broker on the deal message me, I can probably save you some money on the deal!

Thank you

0 Votes

Miami, Florida

Quote from @Robert Ellis:

Quote from @Pouya Banki:

Hello, I’m looking to buy a condo preconstruction in Miami and I’m looking for a lawyer that has extensive experience going through contracts of developers and helping with negotiations

you should look at developing them and get on the right side of the table. I always wondered who bought these in miami, we have been looking at ground up sites for this development

Im confused. If you are recommending the development side, I am not interested at this point.

0 Votes

Miami, Florida

Quote from @Saba Nader:

Hi Pouya

Smart move with the preconstruction.
Gaining equity without a mortgage payment is underrated IMO.

Our team has extensive experience with Miami's preconstruction, from Cipriani to Ashton Martin.
Just sent you a friend request.

Thank you Saba, great speaking with you over the phone.

0 Votes

Miami, Florida

Hello, I’m looking to buy a condo preconstruction in Miami and I’m looking for a lawyer that has extensive experience going through contracts of developers and helping with negotiations

0 Votes

Miami, Florida

Hi, I'm buying a unit in a pre construction in Miami. Looking for a reputable firm that has a solid track record in representing buyers for high end luxury condos buildings in Miami. Any rec would be appreciated.

0 Votes

Miami, Florida

Quote from @Peachy Parker:

90291 is risky. This community has a LOT of community activists. In my experience if it is not your actual home and if you faked anything to obtain your permit, they will uncover it and get it revoked. Seems like you obtained your permit without providing the truth since it appears you have many properties, and you can’t have all of them considered your full time residence. You have two options because you will get shut down. 1. Rent for a year 2. Sell. Best luck.

90291 is my primary

0 Votes

Los Angeles County, California

Quote from @Rephael Rosenberg:

Hey Pouya, I work for a property management company and I would love yo speak with you to see if we are a good match. We manage both long term and short in the areas you are asking about. We have been around for 40 years and our team has a lot to offer!

Thank you for reaching out. I will send you a direct message.

0 Votes

Los Angeles County, California

Hi everyone,

For long term, is the norm to calculate PM's fees from gross or net income?

For short term, I'm paying PM fees from net income after deducting maintenance/repair costs. Is this correct, or should utilities also be deducted before the payout?

1 Vote

Los Angeles County, California

Quote from @Bob Stevens:

Quote from @Pouya Banki:

Quote from @Bob Stevens:

Quote from @Pouya Banki:

Hi everyone, I am replacing my roof, have received quotations ranging $15,000 - $35,000 through my property manager. I created a spread sheet so my property manager can fill with data (total price, price/sf, warranty, start/finish date). This will help me get an over view of the quotations.

My property manager ignored this request and forwarded me all the quotations. I asked if he could explain the quotations because there are items that i don't understand and to give his recommendation on which one to pick. He told me i can contact the vendors for questions and that he can't give his opinion on which one to pick.

Is this normal? Am i expecting too much from my property manager?

We provide the number of squares and total price. Typically, between $240- 260 per sq depending on pitch. Now if they discover rotted sheathing (plywood) that will be additional But our quotes include 3 pieces of plywood 15- 30k seems WAY off

BTW its usually a one-day job

Thank you for the feedback. Can you please explain how to calculate the cost based on the figures you mentioned? $250 x (area to be replaced)? It doesn't seem right.

25O a sq, a sq is 10x 10, Avg house is 30 sq, so 250 x 30

all the best

Thank you!

0 Votes

Los Angeles County, California

Quote from @Nathan Gesner:

Quote from @Pouya Banki:

The PM is not a professional roofer. If they try to explain the bids and get something wrong, it opens them up to liability. If you want more details of a bid, then talk to the roofer that wrote the bid and will be doing the work.

The PM has already done more than they are obligated to by collecting multiple bids. As a PM, I would charge you a fee for that additional work or tell you to go procure your own bids.

Thank you! Around how much should I expect to pay so the PM gets more quotations?

0 Votes

Los Angeles County, California

All Forum Posts by: Pouya Banki

Pouya Banki has started 19 posts and replied 48 times.

Post: Looking for a lawyer for the contract of pre-construction condo

Post: Looking for a lawyer for the contract of pre-construction condo

Post: Looking for a lawyer for the contract of pre-construction condo

Post: Looking for a lawyer for the contract of pre-construction condo

Post: Looking for contract lawyer for pre construction - buyer

Post: Property management (long term and short term)

Post: Property management (long term and short term)

Post: Property management fees are from gross or net?

Post: How detailed of a report should my property manager give

Post: How detailed of a report should my property manager give