This is a post-closing penalty charged by the Escrow Administrator to extend the renovation period beyond the maximum renovation term of 180 days in the event renovation is not completed within agreed upon terms.

This is also the best thing, because many out of state investors find it confusing and stay away, which keeps our returns much higher and wards off Wall Street investors from buying up swaths of houses, which we've seen in other markets.As an STR specialist, keeping up with zoning and regulation statewide is a huge part of my job.I also host monthly short term rental events for local investors, monthly webinars, and I also often get furnished, turnkey off-market STR properties.

.- 3rd Thursday - Folsom Out of Bounds (date may change for the months of Nov and Dec) Meetup Link  @Kevin Gleave- 3rd or 4th Wednesday - Citrus Heights Real Estate Round Table (CH Cafe & Grill) - they recently relaunched and stabilizing the schedule Meetup Link- 4th Tuesday - West Sacramento Real Estate Meetup (date may change if there is a holiday the week of that month) Check Meetup LinkI'm working on putting together a dynamic google doc listing current Link to Each meetup event with speaker and registration links.  

RE used to be so foreign to me until I went to a RichDad event I was totally mesmerized by the idea that I could possibly... own RE!

I highly recommend attending real estate networking events to meet more people is this space and pick their brain and learn more from their projects and see what is working and what is not.

And eventually or even now, go to Real Estate Events all around Chicago, most of them are free and you can find the events on Meetup.com or Eventbrite.com (my company also hosts a lot of events every month that are free @A&N Mortgage which you can find on Meetup.com).Good Luck!

I will send out the live webinar link one hour before the live event so keep an eye out on your inbox!

Network (in-person events and online BP)3. 

Houses that sustained fire events have long term consequences including structural damage and mold that results from water intrusion required to extinguish the fire.

Looking forward to connecting and hopefully seeing you at one of the upcoming events!