11 November 2013 | 7 replies
Ownership of condo units can go outside as well, porch, walk, yard area, but there are common areas that are under the community management, like a tennis court or pool, club house.
11 November 2013 | 17 replies
UST's are quite common here in Portland.
12 November 2013 | 16 replies
Not sure why that would be controversial...I'm not an attorney, but it seems like common sense to me.Sure, the GC can lien the property...any contractor can lien any property at any time.
13 November 2013 | 22 replies
Property manager (if you have one), periodic vacancies, any common area utilities, trash, misc fixes, reserves, etc. will suck up a lot of the rest.
4 January 2014 | 12 replies
Sharing your experience about property management companies will help other investors on this site...it's a common area of concern.Hope to hear more about your journey.Jessica
4 December 2015 | 62 replies
Period.Much of what I dump in these forms is not just my far fetched opinion, it's based in end lending requirements, appraisal requirements and how seller financed transaction are viewed legally, has nothing to do with opinions of how to twist another dollar out of a borrower or lender, which, by nature is part of the goal of an investor.I realize that setting a price above the true market value has been common and justified by all sorts of false economies, but after seeing how people screw up loans and having to fix them, next to credit issues, equity in the deal is the reason these deals blow up.We really can't say what is best in this deal, all we know is that the seller is in his 40s.
14 November 2013 | 12 replies
City may not look to you as an owner for permits.In this case a good CFD could be devised, but not by using the common CFD as it would need to be a different installment agreement allowing for a non-judicial process.
14 November 2013 | 5 replies
There are always pitfalls and you must be able to survive them as you encounter them.