Forum Replies Created
-
AuthorPosts
-
October 11, 2012 at 8:24 AM in reply to: Anyone charge a service fee for repairs on their rentals? #752450
no_such_reality
ParticipantThis is solved when the lease expires.
Unless it’s rent controlled.
October 11, 2012 at 8:19 AM in reply to: As predicted, Fannie is beginning to sell blocks of assets in bulk to REITs #752447no_such_reality
Participant[quote=spdrun]I’m not seeing much of a discount in the Florida deal.[/quote]
How big is the discount if you don’t need to use your capital to buy it and I give you near zero financing and hand back terms if the deal does go bad?
In other words: I’ll give you the down payment, I’ll give you the points to get a near zero loan and you can give it back if it’s a boat anchor.
For this, I get to ‘sell’ it for market rate, now my balance sheet looks good!, and if you make boatloads of money on rentals, I get a small slice of the profits.
That’s what previous analysis I’ve seen shows. Can’t vouch for the accuracy of their data though.
October 10, 2012 at 8:02 AM in reply to: As predicted, Fannie is beginning to sell blocks of assets in bulk to REITs #752377no_such_reality
ParticipantNo Econprof, those deals are dirty dirty dirty. They are ultimately insider gravyboat deals.
There is more to the story than efficient market clearing. The taxpayer is still holding the bag on some of those deals through funding. In some cases, the ‘buyers’ are bringing very little if any capital.
no_such_reality
ParticipantMinnesota, home of Caribou Coffee.
Minnesota Nice, California prick, to-ma-to, to-mah-to…
Did you already buy/rent in Nicollet Isle area?
Much like CA, where your job is at will really affect where you want to live.
no_such_reality
ParticipantWhat’s interesting is the Wiley, the publisher, won the original case and appeal.
October 5, 2012 at 11:18 AM in reply to: OT: Post Office subsidizes mail from China, Hong Kong #752228no_such_reality
ParticipantThis is a year and a half old.
http://about.usps.com/news/national-releases/2011/pr11_037.htm
September 30, 2012 at 11:58 AM in reply to: Mold in bathroom carpet (tenant or landlord’s responsibility) #752083no_such_reality
ParticipantDepends on if your friend is the landlord or tenant.
It is a tenant created problem. The tenant should pay. The reason is simple, it had carpet when the tenant moved in. (As gross as that is) If your friend is the tenant, she should plan on getting it cleaned, however, I suggest them talking to the landlord because…
The landlord should be smart and replace the carpet with tile or vinyl when the tenant moves out or at the first opportunity. If your friend is the landlord, she should replace and be thankful the tenant brought it up before it completely molded and rotted the floor.
no_such_reality
Participant
And yes, he is going to win.
September 27, 2012 at 8:49 AM in reply to: Input Request: Repairs Affecting Your Property and Another Property #751953no_such_reality
Participant[quote=JC]
dumb question — how do you determine where your property line starts and stops as i dont expect to ever hear from these folks. i guess if you are out of state you dont have to respond or care. :)[/quote]Look on the bright side.
If they don’t care, it’s better they’re out of state, the other alternative is they lived next door.
That said, the fence is already established. You’re not replacing the fence, or building fence, you’re doing necessary maintenance on the EXISTING fence.
So how much to ‘repair’ the fence with comparable materials? You need to balance that cost against the cost of the time and frustration of dealing with an apparently penny pinching out state lardlord using a ‘slumlord’ property management firm.
no_such_reality
ParticipantYou still did the right thing, which is maximize what you could do.
Our roof doesn’t face the right way either. We’re east/west roof with west in some shade. So we have our panels facing east on the slope and open to the south. Best we could do.
That said, the solar estimated for kind of the minimum system to take us down to just below tier 3 pricing.
no_such_reality
ParticipantI’d talk to http://www.tenantslegalcenter.com/
Given what you’ve already said, I’d say run, don’t walk away.
That said, I wouldn’t walk away without my money, because frankly, the LL sounds like an ___hat that is going to be a big you know what on getting your security deposit back.
Sad to say it, but lawyer up. Or at least, start with LegalZoom and craft a Formal Demand letter.
no_such_reality
Participant[quote=AN]NSR, do you mean inverter instead of converter?[/quote]
Yes, the transformer inverter, although I think transformerless inverters are now available.
There’s a boatload of sizes, but a few sizes at any technology level, if you’re following what I’m saying.
So we have a SunnyBoy Inverter.
This is the SunnyBoy – 5000 (5kW)
http://www.wholesalesolar.com/products.folder/inverter-folder/SB5000US.htmlThis is the SunnyBoy – 8000 (8kW)
http://www.wholesalesolar.com/products.folder/inverter-folder/SB8000US.htmlThe cost looks like wholesale is about $600. Not including install (the same), or those add-ins (the same).
So if you’re looking at $25K for a total system, adding $600 for a larger inverter and a few more panels won’t bump you that much. Probably an additional $2-$3K for 2-3kW more panels.
no_such_reality
Participant[quote=UCGal]We haven’t put in panels because it just doesn’t pencil out yet. Some of the factors in our decision:
[/quote]Ours doesn’t pencil out at today’s rates. The cost of the install buys a lot of electricity.
That said, we replaced our HVAC system. Then did the roof. Then had the solar installed. Our roofing contractor was the general C on the solar install. They did the mounting and the solar/electrician did the wiring. We had to fight with SCE to get full credit for the larger system. Since we had been in the house less than a year and the prior period was cool, our energy use was low.
One thing to check when looking at solar is what converter you are getting for your size. Converters come in a couple standard sizes. Since you’re paying to have the install done and buying the converter, the additional cost to max the panels for the converter is relatively small.
no_such_reality
ParticipantMy installers did a great job. I’d recommend them to anyone. A tad expensive though. But, got my bill yesterday, had the AC set at 75 24 hours a day for the last month when the average high was 95 and average low was 74 at our house. The bill was $0.92
Which is what the bill is every month even though we have been running a large generation credit. This last month we did dip into the generation credit. SCE still owe me a few hundred dollars on credit though.
One additional thing to think of on the lease, if you want to sell the home, you either have to buy out the lease or the new buyers have to take the lease.
Since I expect electrical rates to continue to rise, and rise dramatically, it probably will not deter them too much. It’s just an extra hassle factor that will raise more questions for buyers though.
-
AuthorPosts
