Kevin Barry
Need Advice - Electrical Code Violation
I'm a first time investor, and I'm looking at a fourplex with the following numbers:- Purchase Price - $175,000 (includes $15,000 in cash back referenced below) - Monthly Rent - $2,125- Monthly Cash Flow - $1,158- Cas...
Nikola Magdelinic
Foreclosure - Code Violations - Lis pendens
Good afternoon to all ! I am analyzing 1 property which is listed on Hubzu auction. I found out that there are multiple code violations on the property and the seller (DEUTSCHE BANK) received LIS PENDENS from city Chi...
Winn Hall
Miami REOs with Code Violations
Hi Jorge,
I'm new in the Miami Market and had some questions about how you work out REOs with Code Violations. It seems like most of the Miami Props have code issues, and after the fines are paid, they leave it up t...
Alfred Bell
Avoiding violation of usury laws.
Considering making a 6 month loan to a flipper for a property that he wants to keep as rental (he will get long term financing later). I've been told one can't loan above 10% for a consumer loan unless it is done thro...
Maria Vasilevskaya
Questions On Code Violation Leads
Hey everyone,I have some questions regarding code violation leads.1. How do you determine properties with what code violations are the best to market? Which ones are pointless to reach and the homeowners are unlikely ...
Cindy McCoy
Please help with code violations
Hello, my son and his girlfriend just moved from Virginia to Ohio. The apartment complex in Ohio did a video tour of the apartment to be leased. The apartment looked good. The day before the move he got a call from th...
Tara Piantanida-Kelly
FSBO Buyer's Agent Ethics Violation?
I'd love your thoughts and feedback on this:Buyer's Realtor: "I have clients interested in seeing your house. Are you cooperating with Buyer's Realtors by paying a commission?"Me: "Yes."Buyer's Realtor: (Shows house t...
Lakeesha Romero
Finding seller with code violations?
I was wondering if anybody will help me or give me some input on how to deal with this situation. I was driving around my neighborhood and saw a abandon house that had some code violations notice on my window. It s...
Raquel Zanoni
"Violation Status" vs "Inspection Status"
Hello BP community!
I am currently under contract on a duplex in Chicago. The property was a gut rehab so as part of my DD I looked at all of the building permit and inspection records on the city of Chicago website ...
Dan Fine
Violations after acquisition in Philly
Working on closing a deal in Philly that has 10+ open violations for various disrepair. Do these violations have monthly fees involved that I'm going to have to pay while we wait to pull permits for the rehab? Tried c...