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Results (10,000+)
Ian Viray First Time Investor - Condo or Multi-family?
24 April 2018 | 4 replies
Here is something you could ask for:A resale package is a packet of vital information provided to those purchasing a condominium or a home in an association.
Bill F. Impact of Aging Millennials and New Construction on MF Values
15 May 2018 | 26 replies
People will not change spending habits and begin losing the home they have a right to own. 
Larry Apple Backing out after going under contract
20 May 2018 | 17 replies
You don't want to make it a habit, but in this case the broker duped you, so he should expect a re-trade.
David Ivy City of Austin vs. "Predatory" Flippers/Wholesalers
30 March 2019 | 8 replies
There are already statutes and regulations regarding fraud and deception in real estate transactions.Educating people who want to be educated is fine, but if a governing body restricts the pool of ready and willing buyers, more properties will go to foreclosure and sit on the market longer.Real estate investors perform a vital function in every jurisdiction: putting properties back on the market, in good condition.Many of the properties they buy could never pass conventional lender's inspection because they typically require tens of thousands of dollars in repairs that most homeowners do not have or cannot do themselves.Additionally, many real estate investors near metropolitan centers can access almost an unlimited pool of funding to buy and remodel properties if the numbers work.From contract to close, the time can be in as little as 3-4 business days.The delay is mostly waiting on title companies.So when flippers mail letters and post cards to owners saying they can "close quick" and "all cash", that is a fact, not fraud.Of course, realtors will recommend you list your property – that's how they make money – so they are self-interested, which makes the report biased.Maybe next time you can have a "flipper" on you show for balanced reporting.The idea of anyone feeling "pressured" by getting a post card or flyer is ludicrous.If the homeowner doesn't want to sell, the solution is to throw them away.But the idea of "there ought to be a law" is equally ludicrous.If there are bad actors committing fraud, the answer is to enforce the laws already on the books.Out of all the properties posted for sale every 1st Tuesday of the month at the trustee's sale, a very large percentage never make it because they are bought by the very flippers you disparaged.If not for the real estate investing community, cities around the country would look much, much worse.My biggest complaint with your report is that you completely failed to get the rest of the story.Your editor needs address this."
Ryan Greenspan Tenant asked if I could take his dog out?
3 May 2018 | 14 replies
I wouldn't make a habit of it but would definitely do this for them.
Etan Ofrane Can't get equity out of my investment property.
5 June 2018 | 14 replies
The issues are: 1.) some banks have said it's not habitable (not all), 2.)
Eric Booker What is the best strategy for rehabbing occupied units
30 April 2018 | 5 replies
You do what's required for habitability till you can turn it over and do a real job.
Kari D. Qualifying legal bedroom in WA state
2 May 2018 | 1 reply
Bathrooms, toilet rooms, closets, halls, storage or utility spaces and similar areas are not considered habitable spaces.Habitable space requirementsCeiling height-RequirementsR305.1 Minimum height.Habitable space, hallways, bathrooms, toilet rooms, laundry rooms and portions of basements containing these spaces shall have a ceiling height of not less than 7 feet (2134 mm).Exceptions:1.For rooms with sloped ceilings, at least 50 percent of the required floor area of the room must have a ceiling height of at least 7 feet (2134 mm) and no portion of the required floor area may have a ceiling height of less than 5 feet (1524 mm).R304.4 Height effect on room area.Portions of a room with a sloping ceiling measuring less than 5 feet (1524 mm) or a furred ceiling measuring less than 7 feet (2134 mm) from the finished floor to the finished ceiling shall not be considered as contributing to the minimum required habitable area for that room.Floor space- RequirementsR304.1 Minimum area.Every dwelling unit shall have at least one habitable room that shall have not less than 120 square feet (11 m2) of gross floor area.R304.2 Other rooms.
Scott Harper FHA financing question
1 May 2018 | 3 replies
FHA requires habitability, so broken windows will be a problem, leaking ceiling, obvious plumbing or electrical issues, etc. 
Jim M. Coastal chic vs backwoods appraisals.
8 May 2018 | 0 replies
Observing the local habits of these folks.