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All Forum Posts by: Vlad K.

Vlad K. has started 8 posts and replied 34 times.

Post: Youngstown Ohio Property manager

Vlad K.Posted
  • Investor
  • Berkeley, CA
  • Posts 38
  • Votes 5

I've been with them 3 years. It took a while to turnover all the tenants from the previous owner. I've been fully occupied with great tenants for the last year and half. There was one poorly placed tenant in the beginning and I ended up having to evict. Frank did tell me that the previous landlord hadn't been 100% on the tenant. Turnaround between tenants has been about 2 weeks (repairs, marketing, showings).

Post: Youngstown Ohio Property manager

Vlad K.Posted
  • Investor
  • Berkeley, CA
  • Posts 38
  • Votes 5

I've had a good experience with Frank Weston at Lakeside Realty.

Post: Home Inspector in the Pittsburgh Area

Vlad K.Posted
  • Investor
  • Berkeley, CA
  • Posts 38
  • Votes 5

I recently used HouseMaster. They did a fine job.

Post: 2nd Floor Deck - Asset or Liability

Vlad K.Posted
  • Investor
  • Berkeley, CA
  • Posts 38
  • Votes 5

Yeah, it's a means of egress. There are currently stairs leading down off the deck. Maybe I can keep that portion and remove the rest of it.

You guys seems to be suggesting that it isn't worth having a deck. I'd love to hear your thinking on why (pros/cons). 

Post: 2nd Floor Deck - Asset or Liability

Vlad K.Posted
  • Investor
  • Berkeley, CA
  • Posts 38
  • Votes 5

I'm buying a rental property which has a second floor deck. The deck is in poor condition. It was actually scary walking on it. The floor boards seemed super thin and brittle. 

I'm trying to decide whether to restore it or tear it down. Is it a value add or a liability (or a money sink) as far as rentals go?

There is a nice backyard and side yard on the property. The platform in the picture will be removed. The house is in PA.

Post: Real Estate Agent Contract - Is this normal?

Vlad K.Posted
  • Investor
  • Berkeley, CA
  • Posts 38
  • Votes 5

I got them to lower it to 485 and change it to be due only on closing. 

Post: Real Estate Agent Contract - Is this normal?

Vlad K.Posted
  • Investor
  • Berkeley, CA
  • Posts 38
  • Votes 5

Will do. And yes, 3% of the offer price (assuming that is what the listing agent is offering) will be less than $2000 and I'll be on the hook for around $600 to make up the difference. But then I'll have a house. 

Post: Real Estate Agent Contract - Is this normal?

Vlad K.Posted
  • Investor
  • Berkeley, CA
  • Posts 38
  • Votes 5

The agent showed me the one I'm offering on now. Another agent from the agency also showed me properties on a prior occasion. There is a listing agent so I won't be in a position where I have to pay $2000 out of pocket.I agree that they deserve something for their time but I don't want to burn cash and come away with nothing. 

I'm still waiting to hear back on my request to remove the charge. 

Post: Real Estate Agent Contract - Is this normal?

Vlad K.Posted
  • Investor
  • Berkeley, CA
  • Posts 38
  • Votes 5

It seems like the $595 will last the duration of the contract (until August 1). I've emailed the realtor asking to remove this charge since it wasn't discussed up front. Switching realtors now could blow the deal since there are multiple offers. @Sharon TzibIt's a Re/Max realtor by the way. I guess there is no standard contract you guys use? 

Thanks for the responses!

Post: Real Estate Agent Contract - Is this normal?

Vlad K.Posted
  • Investor
  • Berkeley, CA
  • Posts 38
  • Votes 5

Thanks, I thought it seemed crazy! 

Can anyone from Pittsburgh weigh in? Maybe this is some regional thing?