Leonard Brown
Evasive inherited tenants
25 May 2021 | 7 replies
I agree with the others who’ve already posted, you need to take action.Best move I think is to serve the notice of nonrenewal, require they move out quickly.
Sabrina Maples
Commercial Brokers in Arizona
28 May 2021 | 3 replies
My name is Sabrina and I am an agent here in the Valley.I have a few clients that are looking for commercial sized property out here with a budget of $3 million plus and 20+ units.
Elliot Cole
Would you use a roofer who isn’t licensed but has insurance?
23 May 2021 | 22 replies
The forms were insufficient for the size of this curb and flexed.
James Hughes
5% Downpayment for investment Property
22 May 2021 | 8 replies
Hi James, from your post it sounds like you are looking to purchase a new home to live in to accommodate your increased family size?
Cody Brown
10 Unit Buy and Hold
20 May 2021 | 2 replies
We managed to negotiate almost 10% off asking due to the time on market and rarity of a property of this size in the area.
Avery Robertson
Due diligence on MHP
29 May 2021 | 6 replies
There are so many items you need to check on a mobile home park in due diligence and we wrote a course around it.Here is a short list of the most "deal-killing" items:1) Test ad.2) Certificate of Zoning from the city or county.3) Phase I environmental report.4) Review of last 3 years of P&L (and tax returns if available).5) Forward forecasting budget.6) Rent roll and payment history.7) Review of the water, sewer and electric systems.8) Size of each lot.9) Confirmation of which homes are occupied and which are vacant.10) Rent comps on all competing mobile home parks.11) Study of the metro market.12) Survey and title.Mobile home parks are much more complicated than they look.
Oscar Cardenas
Get that Cheddar - Oregon News
11 November 2021 | 9 replies
-HB 2001 Oregon ADU and Duplex laws soon to be integrated.The law that forces medium sized cities to allow duplexes for building and conversions in residential zones will soon take affect.
Clare Yuritch
Replace boiler with central heat + air conditioning?
20 May 2021 | 2 replies
Air seal it well as you put it back together, then do a blower door test and hire an HVAC guy that will aggressively size an inverter heat pump.
Allen L.
market is 8 cap, rent under market price, selling for 5 cap?
21 May 2021 | 8 replies
The local market is closer to 8, it’s one of the highest cap markets with decent population size in the US.
Account Closed
Buyer bails and refuses to sign escrow cancellation
20 May 2021 | 0 replies
. - The buyers signed the release of contingencies at the end of the 60 days due diligence period - Buyers didn’t perform and asked an escrow extension of 4 months which was granted against a full release of the earnest deposit - Buyer signed the release and EM was transfered by the escrow company to my account- After the 4 months period buyers failed too close again- I served a notice to perform as well as a demand to close escrow- Sent the cancellation of contract and escrow but buyers refused to sign and informally communicated their desire to recover their EM- I refused to return the EMWhile the contract is likely dead, the unfortunate consequence of this situation is that the open escrow must be disclosed to the new prospective buyers which obviously is a turn off and causes me financial damages.I talked to an attorney who thinks the contract is void and suggested sending a formal letter to the buyers from his office to have them sign the cancellationThoughts anyone?