[surveyor]

Brown / Palin 2012

’nuff said

[surveyor]

Brown / Palin 2012

’nuff said

[surveyor]

Brown / Palin 2012

’nuff said

[surveyor]

Brown / Palin 2012

’nuff said

[surveyor]

if you can locate where the feeder line to the building is you can probably guess where the location of the easement is and see if it causes problems from there.

it does look benign but you can never be 100% sure with those easements.

[surveyor]

if you can locate where the feeder line to the building is you can probably guess where the location of the easement is and see if it causes problems from there.

it does look benign but you can never be 100% sure with those easements.

[surveyor]

if you can locate where the feeder line to the building is you can probably guess where the location of the easement is and see if it causes problems from there.

it does look benign but you can never be 100% sure with those easements.

[surveyor]

if you can locate where the feeder line to the building is you can probably guess where the location of the easement is and see if it causes problems from there.

it does look benign but you can never be 100% sure with those easements.

[surveyor]

if you can locate where the feeder line to the building is you can probably guess where the location of the easement is and see if it causes problems from there.

it does look benign but you can never be 100% sure with those easements.

[surveyor]

Yes, it’s a standard easement. It happens very often where the utility company doesn’t know where the utilities are going to be placed ahead of time and they want a “placeholder”. The utility company usually has a file or some map where the utilities are and so the easement is around those utilities. Sometimes it’s also obvious such as where they are running the lines to your house from the street. Sometimes it’s hard to tell.

95% of the time there are no problems. However, because of the phrasing, the easement does not have a “set” location and so can cause some problems. It’s not likely to happen, but if the utilities are under the house or if you build something over the utility, you will be liable for any damages (since you dont’ know where the utility is) and of course they can demand that you remove whatever you’ve built over the easement.

Most utility companies are not complete jerks so they will work with you on the easement thing. However, do keep it in mind in case you wish to do any major building or earthwork.

[surveyor]

Yes, it’s a standard easement. It happens very often where the utility company doesn’t know where the utilities are going to be placed ahead of time and they want a “placeholder”. The utility company usually has a file or some map where the utilities are and so the easement is around those utilities. Sometimes it’s also obvious such as where they are running the lines to your house from the street. Sometimes it’s hard to tell.

95% of the time there are no problems. However, because of the phrasing, the easement does not have a “set” location and so can cause some problems. It’s not likely to happen, but if the utilities are under the house or if you build something over the utility, you will be liable for any damages (since you dont’ know where the utility is) and of course they can demand that you remove whatever you’ve built over the easement.

Most utility companies are not complete jerks so they will work with you on the easement thing. However, do keep it in mind in case you wish to do any major building or earthwork.

[surveyor]

Yes, it’s a standard easement. It happens very often where the utility company doesn’t know where the utilities are going to be placed ahead of time and they want a “placeholder”. The utility company usually has a file or some map where the utilities are and so the easement is around those utilities. Sometimes it’s also obvious such as where they are running the lines to your house from the street. Sometimes it’s hard to tell.

95% of the time there are no problems. However, because of the phrasing, the easement does not have a “set” location and so can cause some problems. It’s not likely to happen, but if the utilities are under the house or if you build something over the utility, you will be liable for any damages (since you dont’ know where the utility is) and of course they can demand that you remove whatever you’ve built over the easement.

Most utility companies are not complete jerks so they will work with you on the easement thing. However, do keep it in mind in case you wish to do any major building or earthwork.

[surveyor]

Yes, it’s a standard easement. It happens very often where the utility company doesn’t know where the utilities are going to be placed ahead of time and they want a “placeholder”. The utility company usually has a file or some map where the utilities are and so the easement is around those utilities. Sometimes it’s also obvious such as where they are running the lines to your house from the street. Sometimes it’s hard to tell.

95% of the time there are no problems. However, because of the phrasing, the easement does not have a “set” location and so can cause some problems. It’s not likely to happen, but if the utilities are under the house or if you build something over the utility, you will be liable for any damages (since you dont’ know where the utility is) and of course they can demand that you remove whatever you’ve built over the easement.

Most utility companies are not complete jerks so they will work with you on the easement thing. However, do keep it in mind in case you wish to do any major building or earthwork.

[surveyor]

Yes, it’s a standard easement. It happens very often where the utility company doesn’t know where the utilities are going to be placed ahead of time and they want a “placeholder”. The utility company usually has a file or some map where the utilities are and so the easement is around those utilities. Sometimes it’s also obvious such as where they are running the lines to your house from the street. Sometimes it’s hard to tell.

95% of the time there are no problems. However, because of the phrasing, the easement does not have a “set” location and so can cause some problems. It’s not likely to happen, but if the utilities are under the house or if you build something over the utility, you will be liable for any damages (since you dont’ know where the utility is) and of course they can demand that you remove whatever you’ve built over the easement.

Most utility companies are not complete jerks so they will work with you on the easement thing. However, do keep it in mind in case you wish to do any major building or earthwork.

[surveyor]

No, M&M also targets small investors. If you talk to them, they’ll send you the information. Just like a lot of realtors, they won’t turn you down. It’s just that their portfolio of properties consists of a lot of commercial and not a lot of SFRs and condos.

As for choosing the properties, it’s just a question of choosing an area (which involves research), see if it fits your needs (cash flow? appreciation? half-and-half?), and then seeing if the properties in that area can give you what you want and if you can get them at a good price.

My own strategy usually involves investing in properties that are near universities and military bases. While students and enlisted people are not the greatest tenants, usually there is a lot of support staff that goes along with them, and those are the people I target.

If you are going to be dealing with out-of-state properties, you really do need a property manager. Believe me you wouldn’t want to deal with that crap yourself. Of course, the problem is that you have to find a good one. Some investors prefer a live-in property manager, some prefer a business. I’ve had successes and problems with both so I can’t tell you which way to go.

My personal guess is that there are a lot of small investors (who have invested in +5 unit properties) in trouble and they have overleveraged properties. However, they are like the high end SFRs in San Diego, where they are better able to withstand market difficulties. So finding a deal can be hard, but not impossible. To find them you will need a good investor-realtor and/or M&M. Still, commercial residential properties between 5 units and $1million do not have a lot of investors so that is a factor on your side. With the lending problems nowadays, it is very difficult to get a loan and some investors have no choice but to try to sell the property because they cannot find someone to give them a loan.

My two cents.

[Author]

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