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All Forum Posts by: Rick Tripp

Rick Tripp has started 10 posts and replied 59 times.

Post: Illegal parcel split?

Rick TrippPosted
  • Real Estate Investor
  • Sacramento, CA
  • Posts 106
  • Votes 7

Depending on the physical relationship between the three lots, you may be able to remedy the situation with a lot line adjustment. Unlike an easement across someone else's property, you could be in control of the situation if there is sufficient space to create access across two of the lots you own onto the third lot you own. You'll have to make sure you don't create a setback problem for future building as you adjust the lot lines.

Post: EB-5 Money

Rick TrippPosted
  • Real Estate Investor
  • Sacramento, CA
  • Posts 106
  • Votes 7

We just started discussions with prospective consultants on the EB-5 program and how it may work with our proposal to develop a new NFL stadium for the San Diego Chargers.
Preliminary indications are that our project, in the $1.6B range, is likely a suitable "regional center" for the deployment of EB-5 investment funds.
I'd be happy to share my experiences with the program as our effort evolves. Feel free to contact me.

Post: Any REI Clubs in San Luis Obispo County?

Rick TrippPosted
  • Real Estate Investor
  • Sacramento, CA
  • Posts 106
  • Votes 7

Gary,
Let me know if you start one. We're in Sacramento but spend a few days a month in SLO visiting the "kids" and our new grandbaby.
We're exploring investing with them in SLO, Pismo, Atascadero, etc.

Post: Contacting listing agent directly - RE protocol

Rick TrippPosted
  • Real Estate Investor
  • Sacramento, CA
  • Posts 106
  • Votes 7

My agent has always known that I perform my own DD even if it means contacting another agent and she welcomes it. Lets me get more immediate answers and uses less of her time. As long as you disclose, your agent should have no problem with it.

Post: Please Help! Damage to Garage

Rick TrippPosted
  • Real Estate Investor
  • Sacramento, CA
  • Posts 106
  • Votes 7

Jon is on the right track.
Done correctly, you could cut the foor overhang behind the tree back flush with the exterior wall of the house to create a bit of room. Secondly, perhaps you could get the neighbor's permission to cable you tree to his (the other tree in the picture) to help minimize additional leaning as well help your tree resist wind loading that might bring it into contact with the roof.
In the long run, if the avocado tree is ever removed, you could add new rafter tails to bring the roof overhang back to its original profile.

Post: SF and Napa area--Need dining recommendations

Rick TrippPosted
  • Real Estate Investor
  • Sacramento, CA
  • Posts 106
  • Votes 7

Tre Vigne in Napa.

Post: Newbie Investing in Northern California?

Rick TrippPosted
  • Real Estate Investor
  • Sacramento, CA
  • Posts 106
  • Votes 7

Darius,
Jon is right. Sacramento area might be a good option for you to consider.

Post: Lot Splitting on Existing SFR - Advice requested

Rick TrippPosted
  • Real Estate Investor
  • Sacramento, CA
  • Posts 106
  • Votes 7

Your first stop will be the planning department of the city or county of controlling jurisdiction. They will be able to give you an info packet that lays out the process. While you're there ask lots of questions, that's what they're there for. It will be a pretty well defined process but expensive. Not a good thing to do on your own without experience. First time out, a consultant would be a good investment.

Post: Maui development experience anyone?

Rick TrippPosted
  • Real Estate Investor
  • Sacramento, CA
  • Posts 106
  • Votes 7

I came across a raw lot with a 4 unit condo entitlement on Maui across the road from the beach that interests me. Is there anyone on BP with any Maui development experience that might offer some insight on dealing with Maui County?

Post: Reliquid Capital Network

Rick TrippPosted
  • Real Estate Investor
  • Sacramento, CA
  • Posts 106
  • Votes 7

From the Denver Business Journal:

"Reliquid charges borrowers a flat fee of one-third the commission charged by traditional mortgage brokers for its services, according to the company. There’s no cost to capital providers."