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6 March 2024 | 7 replies
For example we bought a house once that was noted we could not increase size of septic because it was within 1000’ of public water system and essentially that was my bad as not looking into further future development - but that was not a title company issue - as title was clear and that was not a deed restriction nor an easement
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6 March 2024 | 9 replies
Assume that houses built in that period may have some lead paint.It really isn't an issue unless you are doing something unreasonable - like sanding the paint and snorting the dust.
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6 March 2024 | 4 replies
Now if you have the cash to pay off the underlying loan at anytime if there is an issue then your risk goes down to is your buyer going to pay and if not are they going to trash it.. same issues you have with any tenant.
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6 March 2024 | 7 replies
The town the mobile home community is in has a LARGE percent of tenants vs. home owners (60/40), so I'm wondering if I'm trying to force the issue by selling on contract when the tenants really just want the freedom to rent?
5 March 2024 | 11 replies
Linked article mentioning the fee has been done away withhttps://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?
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6 March 2024 | 6 replies
The only issue I have with this theory is that the returns %.
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4 March 2024 | 2 replies
With the newly passed lead laws, the state seems to be getting much more strict about demanding landlords have a Certificate of Conformance for lead based paint issues on both the inside and outside of the house.
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6 March 2024 | 17 replies
Issues with the property at closing: low water pressure, aging roof, several lights not working, dated interior, water stain under HVAC unit, damaged decking (burn hole & rotting boards), old appliances, holes in drywallAnticipated cost to renovate: $22500 (includes roof, repiping from old galvanized pipes, renovation of currently empty unit) The currently occupied unit is TBD on cost, the tenant has been in place for the past 3 years.
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6 March 2024 | 7 replies
If you are carrying a high note and this is indeed your only investment I do not think there is an issue keeping this in your name.
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5 March 2024 | 7 replies
I recently created a Google spreadsheet with links to items I have purchased if anyone is interested.