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Results (5,599+)
Danny Maller About to close and discovered 3 hefty code violation fines
6 June 2018 | 6 replies
The violations are:1) 2004, $3,000 Code 157017 - Repair or replace defective soil pipe. 
Shaun Alexander New member with a big problem! Contractor wants more money
21 April 2018 | 14 replies
I have 229000 left on the current loan and I don’t believe I will be able to get more than that from a new construction loan.I believe I need to pay an attorney to get me out from underneath this guy and find someone to get this thing built to at least get a certificate of occupancy within the budget I have.
James Myers A sandwich lease where home has no mortgage.
11 April 2018 | 6 replies
If you are given a buy-option lease, that does prevent it from being sold from underneath you.
Hadar Orkibi Financing a Cash Purchase
13 March 2018 | 27 replies
On the settlement statement: the title company should list the purchase price and underneath that brake down of the rehab cost. for example: Purchase price: $55k + New Roof $10k + Fencing 2k + GC quote $15k (GC quote should be provided as scope of work) . 3.
Brian Dickerson A to Z Inspections - Anyone have experience?
4 March 2018 | 2 replies
There is an additional cost to pay for them to inspect the crawl space which saved me a lot of money when we saw the effects of the blowout underneath the newly floored bathroom and how they supported the floor with 2x4's directly into the ground with no concrete footings or anything.The owner also teaches  at a local community college on how to inspect the different systems in a house. 
Tami Olsen Financing an "As Is" Sale
1 March 2018 | 11 replies
No idea how the paint is underneath, the exposed clapboards inside the rear porch are not peeling.There are replacement vinyl windows.Newer back stairs to the back yard - that's all that has balusters.
Steven Denio End of flip curve ball
27 February 2018 | 6 replies
The plumber recommends a full replacement of all the Plumbing underneath the house.
John P. Help with terms for sale of raw land
2 March 2018 | 6 replies
You want to talk to your CPA first and foremost you don't want to get in a situation were your deemed a dealer and lose your cap gain tax advantages.that said a take down schedule like this is common in the industry.. although CA usually a million dollar property is not a lot.. vis a vi development ground.. and builder developers there usually stroke a check if needed.I suspect though if your going to sell it in phases.the land would be split into 3 phases and you deed out each phase as he pays if off.. but not individual lots that were your CPA can advise you on dealer status.its common though in these scnerios to have accerlated paymentso you have  3 phases  333k each... you sell first phase for  400k.. second phase for 400k last phase for 200k.. this way you get a premium if he fails to buy the rest of the dirtalso in your contract make SURE you demand that all work product engineering soils geo tech that type of stuff is once paid for your property as well.usually in vanilla real estate transaction on the west coast I don't recommend or see the need for a lawyer but in this case I would find a good real estate lawyer tell him these basic terms and things you need then let him prepare the contract.. hope that helps.. and assuming the dirt is in CA.. of course.
Steve S. Need help with how to fix a French drain
13 March 2018 | 12 replies
If you have clay soils it could have clogged it up and now its time to replace it. 
James Kandasamy Multifamily BRRR strategy that created 4.5m of value in 12 months
16 August 2020 | 62 replies
There was a lot of hard work, determination, and persistence in this project.Rehab Budget Row Labels Sum of Amount Details of Rehab Exterior Improvements $367,020 1) All Exterior Carpentry, Brick and Painting Work2) Tree Trimming3) Foundation repair work for 2 building4) French Drain to reduce soil movements HVACs $146,307 New HVACS replaced as needed Interior Unit Rehab $502,094 1) 5K Budget on average for a unit interior.2) Total 81 units remodeled including new painting, crown molding, new vinyl flooring, new stainless steel appliances, new fixtures, resurfaced countertops, new light fixtures, new ceiling fans Landscaping $30,000 1) Landscaping near Office area and Villa Lighting $6,932 3) Exterior porch lights and critical building lights Maintenance Tools $10,653 4) Maintenance tools such as HVACs Gauges Office/Laundry/Community $76,718 1) Office were renovated completely.