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6 March 2024 | 9 replies
Interestingly, they've recently negotiated a re-purchase price with us IF we bring new funding to the table.The rehab is required for several reasons: (a) correct the damage the bank has allowed to happen to the property improvements these past few years (known problems include completely destroyed pool makeover; wild animals living inside the residence; flooring missing in sections of the rec center building; destruction of the decorative main entry gate mechanism; lots of dead landscaping; as well as latent defects not known to us such as working plumbing, HVAC & water services) AND (b) expansion & upgrading of the accommodations (converting the private residence to a 2-story lodge with the restaurant/bar, reception/check-in, movie room, public restrooms, gym/sauna/steam room/massage therapy room; enlarged pool & deck area with climate-controlled cover for year round use; conversion of former restaurant/bar building to a general store selling venue collectibles & wearables, selected pre-packaged foods, sundries, RV & camping items, bagged ice & a propane refill station; construction of a free-standing event center; free-standing cabins; enlarged & upgraded RV park with its own small restroom/coin-op laundry building; outdoor activity areas; new landscaping & fencing; new parking area & entry drives (personal car & RVs).We know our target audience having created and operated the former version of this resort for almost years creating an initial membership base numbering about 1,100.
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7 March 2024 | 18 replies
In today's real estate networking and education landscape, we've seen an unfortunate trend: so-called "gurus" selling courses and events at high prices, promising unparalleled value but often delivering content that could be found elsewhere, most of the time even for free.
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8 March 2024 | 30 replies
The first 2 agents at Hiscox were happy to sell me "property management" insurance even after I explained to them explicitly what I did (short term rentals only).
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6 March 2024 | 10 replies
I am selling the property with terms to Seller Carry or partner up with a developer or if the franchise brand wants to build to suit with a ground lease then I am all open to any of these options.
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6 March 2024 | 2 replies
Hey @Brant Graves, Mobile homes are very difficult to sell, especially if they don't come with the land, though I'm not sure if that's the case here.
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4 March 2024 | 14 replies
If I put 20-25k into this house and sell it for 525 I would walk with around 170k pre tax.
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6 March 2024 | 16 replies
., Oakland, and Berkeley if you want to get the tenant out (e.g. want to sell, move back in) you have to pay the tenant a relocation fee.
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6 March 2024 | 12 replies
If you want to increase the number of bedrooms, you may have to increase the size of your septic to meet legal compliance.One of the first properties I helped a buyer purchase, the seller was trying to sell it as a 4 bedroom, but the septic was rated for a 3 bedroom.
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6 March 2024 | 8 replies
Septic tanks are rated for the number of bedrooms in a house not the number of bathrooms and kitchens.As a real estate agent, I think the indoor laundry room would sell better than the laundry hookups in the garage and a really small extra room in the house.
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6 March 2024 | 9 replies
I believe if you try to sell a house that is built before 1978 you have to provide a led based amendment saying that you are aware or not that the house is lead free.