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NotCranky
ParticipantThat is a pretty broad topic jp. It depends on the situation. I know of people who bought a 4-plex that the city tried to force them to restore to a duplex. They told me that they got a Lawyer and it is allowed to stand until they sell it or pull another permit.That hurts. It has four units on a 60amp main!
A friend/client of mine bought an illegal 2 on 1 with an open code case, really cheaply,tore down the illegal unit increasing the back yard size and “flipped” the property for a decent profit. The neighbors love flippers in these cases.
Framing,electrical, plumbing,items like this are a non-issue IMO.
This stuff isn’t for everybody.
NotCranky
ParticipantThat is a pretty broad topic jp. It depends on the situation. I know of people who bought a 4-plex that the city tried to force them to restore to a duplex. They told me that they got a Lawyer and it is allowed to stand until they sell it or pull another permit.That hurts. It has four units on a 60amp main!
A friend/client of mine bought an illegal 2 on 1 with an open code case, really cheaply,tore down the illegal unit increasing the back yard size and “flipped” the property for a decent profit. The neighbors love flippers in these cases.
Framing,electrical, plumbing,items like this are a non-issue IMO.
This stuff isn’t for everybody.
NotCranky
ParticipantThat is a pretty broad topic jp. It depends on the situation. I know of people who bought a 4-plex that the city tried to force them to restore to a duplex. They told me that they got a Lawyer and it is allowed to stand until they sell it or pull another permit.That hurts. It has four units on a 60amp main!
A friend/client of mine bought an illegal 2 on 1 with an open code case, really cheaply,tore down the illegal unit increasing the back yard size and “flipped” the property for a decent profit. The neighbors love flippers in these cases.
Framing,electrical, plumbing,items like this are a non-issue IMO.
This stuff isn’t for everybody.
NotCranky
ParticipantThat is a pretty broad topic jp. It depends on the situation. I know of people who bought a 4-plex that the city tried to force them to restore to a duplex. They told me that they got a Lawyer and it is allowed to stand until they sell it or pull another permit.That hurts. It has four units on a 60amp main!
A friend/client of mine bought an illegal 2 on 1 with an open code case, really cheaply,tore down the illegal unit increasing the back yard size and “flipped” the property for a decent profit. The neighbors love flippers in these cases.
Framing,electrical, plumbing,items like this are a non-issue IMO.
This stuff isn’t for everybody.
NotCranky
ParticipantThat is a pretty broad topic jp. It depends on the situation. I know of people who bought a 4-plex that the city tried to force them to restore to a duplex. They told me that they got a Lawyer and it is allowed to stand until they sell it or pull another permit.That hurts. It has four units on a 60amp main!
A friend/client of mine bought an illegal 2 on 1 with an open code case, really cheaply,tore down the illegal unit increasing the back yard size and “flipped” the property for a decent profit. The neighbors love flippers in these cases.
Framing,electrical, plumbing,items like this are a non-issue IMO.
This stuff isn’t for everybody.
NotCranky
ParticipantLJR,
It isn’t a question of reputation or mal-nutrition for me. I write low balls for credible clients. Maybe a buyer’s broker’s agreement is necessary if I don’t know them well.
Writing lots of 50% offers willy nilly is mostly impractical. That could get embarrassing. 30% could apply to a lot more situations.SDR
As far as the Point Loma house goes…I would buy it in a heart beat if I were hunting there. Of course I can fix all that stuff for a fraction of what it costs other people. If the property had an open code violation case all the better for getting a bargain(depending on what it was).
That APPEARS to be a killer deal for TODAY’S market and probably tomorrows too, inclusive of the defects.NotCranky
ParticipantLJR,
It isn’t a question of reputation or mal-nutrition for me. I write low balls for credible clients. Maybe a buyer’s broker’s agreement is necessary if I don’t know them well.
Writing lots of 50% offers willy nilly is mostly impractical. That could get embarrassing. 30% could apply to a lot more situations.SDR
As far as the Point Loma house goes…I would buy it in a heart beat if I were hunting there. Of course I can fix all that stuff for a fraction of what it costs other people. If the property had an open code violation case all the better for getting a bargain(depending on what it was).
That APPEARS to be a killer deal for TODAY’S market and probably tomorrows too, inclusive of the defects.NotCranky
ParticipantLJR,
It isn’t a question of reputation or mal-nutrition for me. I write low balls for credible clients. Maybe a buyer’s broker’s agreement is necessary if I don’t know them well.
Writing lots of 50% offers willy nilly is mostly impractical. That could get embarrassing. 30% could apply to a lot more situations.SDR
As far as the Point Loma house goes…I would buy it in a heart beat if I were hunting there. Of course I can fix all that stuff for a fraction of what it costs other people. If the property had an open code violation case all the better for getting a bargain(depending on what it was).
That APPEARS to be a killer deal for TODAY’S market and probably tomorrows too, inclusive of the defects.NotCranky
ParticipantLJR,
It isn’t a question of reputation or mal-nutrition for me. I write low balls for credible clients. Maybe a buyer’s broker’s agreement is necessary if I don’t know them well.
Writing lots of 50% offers willy nilly is mostly impractical. That could get embarrassing. 30% could apply to a lot more situations.SDR
As far as the Point Loma house goes…I would buy it in a heart beat if I were hunting there. Of course I can fix all that stuff for a fraction of what it costs other people. If the property had an open code violation case all the better for getting a bargain(depending on what it was).
That APPEARS to be a killer deal for TODAY’S market and probably tomorrows too, inclusive of the defects.NotCranky
ParticipantLJR,
It isn’t a question of reputation or mal-nutrition for me. I write low balls for credible clients. Maybe a buyer’s broker’s agreement is necessary if I don’t know them well.
Writing lots of 50% offers willy nilly is mostly impractical. That could get embarrassing. 30% could apply to a lot more situations.SDR
As far as the Point Loma house goes…I would buy it in a heart beat if I were hunting there. Of course I can fix all that stuff for a fraction of what it costs other people. If the property had an open code violation case all the better for getting a bargain(depending on what it was).
That APPEARS to be a killer deal for TODAY’S market and probably tomorrows too, inclusive of the defects.NotCranky
ParticipantThere is some truth to what the agent is saying about the short sales. It is also getting better. There is a possibility that he/she is being a little lazy and steering you towards and easier commission.Maybe they are really frightened of the prospects of short sales but I doubt that.
About the model homes, I don’t know if the quality issues are true or not.I wasn’t there when they built it. I tend to doubt it. It sounds more like your agent is steering you away from them because the supply is limited and it may be tough to get you into one… easy commission again. Take what I say with a grain of salt. I am not there but it sounds like the person doesn’t want to go out there and command the best deal according to the direction you are hoping to go in. Your way doesn’t necessarily sound like the easy way but is fair enough.
NotCranky
ParticipantThere is some truth to what the agent is saying about the short sales. It is also getting better. There is a possibility that he/she is being a little lazy and steering you towards and easier commission.Maybe they are really frightened of the prospects of short sales but I doubt that.
About the model homes, I don’t know if the quality issues are true or not.I wasn’t there when they built it. I tend to doubt it. It sounds more like your agent is steering you away from them because the supply is limited and it may be tough to get you into one… easy commission again. Take what I say with a grain of salt. I am not there but it sounds like the person doesn’t want to go out there and command the best deal according to the direction you are hoping to go in. Your way doesn’t necessarily sound like the easy way but is fair enough.
NotCranky
ParticipantThere is some truth to what the agent is saying about the short sales. It is also getting better. There is a possibility that he/she is being a little lazy and steering you towards and easier commission.Maybe they are really frightened of the prospects of short sales but I doubt that.
About the model homes, I don’t know if the quality issues are true or not.I wasn’t there when they built it. I tend to doubt it. It sounds more like your agent is steering you away from them because the supply is limited and it may be tough to get you into one… easy commission again. Take what I say with a grain of salt. I am not there but it sounds like the person doesn’t want to go out there and command the best deal according to the direction you are hoping to go in. Your way doesn’t necessarily sound like the easy way but is fair enough.
NotCranky
ParticipantThere is some truth to what the agent is saying about the short sales. It is also getting better. There is a possibility that he/she is being a little lazy and steering you towards and easier commission.Maybe they are really frightened of the prospects of short sales but I doubt that.
About the model homes, I don’t know if the quality issues are true or not.I wasn’t there when they built it. I tend to doubt it. It sounds more like your agent is steering you away from them because the supply is limited and it may be tough to get you into one… easy commission again. Take what I say with a grain of salt. I am not there but it sounds like the person doesn’t want to go out there and command the best deal according to the direction you are hoping to go in. Your way doesn’t necessarily sound like the easy way but is fair enough.
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