Julio Gonzalez
What is Considered a Quality Cost Segregation Study?
6 September 2022 | 0 replies
It details physically deteriorated or obsolete assets as well as the value or cost.A quality study includes a site visit.Interviews conducted with appropriate partiesInterviews with property managers, tax payers, contractors and subcontractors can be very valuable in determining the construction process and specific use of the property.
Borna Dastani
Long distance real estate investing
16 April 2021 | 3 replies
Of course, the market could stay this hot and the FHA loan would be obsolete because it’d be hard to compete.let me know if you want to talk more!
Tom Seigold
Wanted: resources to learn/est. value-add of potential remodels
14 March 2022 | 6 replies
This seems most effective in theory, but may be difficult, because it hinges on whether I can realistically find like-properties where the only major difference is whether its interior style is modern vs. obsolete.
Lionel Henderson
Self Storage vs Mobile Home Parks
21 June 2021 | 20 replies
Which makes many smaller parks obsolete and not worth pursuing depending on where they are located.
Sadaf Mik
Condominium-HOA 50 year lifetime?
28 June 2021 | 2 replies
This Section shall not preclude amending this Restated Declaration during the term of its existence.”Also, in the section 752b of california condominium bill, there is a clause that reads:“Where several persons own condominiums, as defined in section 783 of the Civil Code, in a condominium project, as defined in section 1350 of the Civil Code, an action may be brought by one or more of such persons for partition thereof by sale of the entire project, as if the owners of all of the condominiums in such project -were tenants-in-common in the entire project in the same proportion as their interests in the common areas, provided, however, that a partition shall be made only upon the showing that … the project has been in existence in excess of 50 years, that it is obsolete and uneconomic, and that condominium owners holding in aggregate more than a 50 per cent interest in the common areas are opposed to repair or restoration of the project”Thank you in advance!
Joshua Steven Ferrell
New HVAC for rental property - price too high?
4 July 2022 | 12 replies
I bought this rental in 2017 and my inspector recommend a new HVAC at that time as this one was obsolete.
Marc Masson
Seller Advertised Non-Existent HVAC System
11 August 2022 | 3 replies
My home inspector confirmed that there were two heat pumps for each unit, and did not bother to check the condition of the furnace since it was obsolete and no longer was the heat source for the house.I moved in and tried to heat my home with the heat pump system, and came to find out that one of the two "heat pumps" was a cooling-only AC unit (this AC unit was not mentioned anywhere in the disclosures).
Collin Hays
Wonder where I've been the last 2 wks? Read on for your own good!
19 December 2021 | 17 replies
looks like you're not alone: Coinbase hit with class action suit over hacked accounts - CoinGeekhackers are definitely getting a lot more sophisticated these days, and even 2-step stuff could become obsolete, if they get to clone your sim, then all hell breaks loose.
Arun Dharan
Should you pay off a loan or invest it
19 December 2021 | 3 replies
With the rise of DeFi, banks are obsolete dinosaurs for thinking that people would be content to earn 0.01% interest on their deposits.Personally I make more money with crypto than I do with real estate, but the only reason I feel confident investing in crypto as heavily as I do is because I have other stable investments like my real estate that allows me to take much riskier bets on volatile assets like crypto.
Alfonso Valcarcel Cruz
The Book on Flipping Houses
2 August 2016 | 6 replies
For instance, when comparing a 3 bedroom and 1 bathroom home to a 4 bedroom and 2 bath home there may be a significant increase in value as you are going from a functionally obsolete count to desirable count.