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All Forum Posts by: William A.

William A. has started 17 posts and replied 69 times.

Post: How to delete a post.?

William A.Posted
  • Investor
  • Louisville, KY
  • Posts 74
  • Votes 46
Originally posted by @Sam Hodgett:

I think most people are used to other forums and social networking sites where it's possible to delete a post once it's posted (THANK GOD this is a feature on Facebook!!!).

Exactly!!

Post: How to delete a post.?

William A.Posted
  • Investor
  • Louisville, KY
  • Posts 74
  • Votes 46

I hope you fix this sometime in the future.

Post: Section 8 Inspections

William A.Posted
  • Investor
  • Louisville, KY
  • Posts 74
  • Votes 46

Thanks @Brian Ortins  that does make sense.   That is also a good question to ask a  inspector. I had just talked to an inspector on the phone, and he told me that he normally does not inspect roofs in condos.

Post: Section 8 Inspections

William A.Posted
  • Investor
  • Louisville, KY
  • Posts 74
  • Votes 46

An inspector would charge $295 to inspect the condo that is just over 500 square feet.

The condo has a refrigerator, electric stove, and window air conditioner. Since the unit is occupied, I am sure these are all working. What else could possibly be wrong? The HOA is responsible for heating and exterior. I am thinking that 295 might be better put in my maintenance fund.

Post: Time to walk away?

William A.Posted
  • Investor
  • Louisville, KY
  • Posts 74
  • Votes 46

How does master insurance work @Ursula B. ?   Does it cover the building, and then you are still responsible for buying liability insurance? How much do you pay for insurance on top of master insurance per unit?

Post: Time to walk away?

William A.Posted
  • Investor
  • Louisville, KY
  • Posts 74
  • Votes 46

Thanks @Gerald Harris .  I will do some more research!

Post: Time to walk away?

William A.Posted
  • Investor
  • Louisville, KY
  • Posts 74
  • Votes 46

I am looking at acquiring one bedroom condos.  I have a suspicion that these may not be easy to rent out.   I checked the Section 8 Listings, and found three neighboring units that  - One that was listed in Jan/14 and two in April/14.    Craigslist shows three units that were listed in June, July, and August.

Post: Section 8 Inspections

William A.Posted
  • Investor
  • Louisville, KY
  • Posts 74
  • Votes 46

I looking at some apartments in a building that I know have been rented under section 8, because I have seen them advertised that way on Craigslist. 

1. If the unit I am looking at is currently rented under section 8 (and has passed all codes), is it worthwhile to get my own inspection. 

2. If it has not been rented by section 8,   could I stipulate acceptance by housing authority as part of the contract?

Post: Was told "It is too much trouble"

William A.Posted
  • Investor
  • Louisville, KY
  • Posts 74
  • Votes 46
Originally posted by @Eddie T.:

If it's so much trouble tell him to hand over his 20 units to me I'll take them off his hands.

    That is what I was thinking . . and to my knowledge he is not trying to unload them. Actions speak louder than words!

Post: Was told "It is too much trouble"

William A.Posted
  • Investor
  • Louisville, KY
  • Posts 74
  • Votes 46

Thank-you everyone for the words of encouragement.  That is why I love BiggerPockets.com!