[urbanrealtor]

Also, spam alert:
I manage property.
I’m cheap.
That is all.

[urbanrealtor]

[quote=spdrun]

However, in the future, get the cheap neutral stuff at Lowes and collect a larger deposit for the pet.

Nah, in the future, combine Pergo, tile, and lino as needed. It’s a rental unit, not the Ritz. Tenants can bring area rugs if they wish.[/quote]

I do this like 10 times a year and carpet is generally a cheaper solution in my experience.

However, your experience may be different.

[urbanrealtor]

[quote=Brutus]Wow. Borrowing Other People’s Money to make money… Sounds kind of like most real estate buyers in America.

But of course, I would NEVER do that![/quote]

And that’s the question of where to draw the line.

Without the ability to secure large amounts of consumer debt (granted much of it is collateralized), economic development takes a huge step back.

This is the same problem with the arguments against fractional interest banking.

Primitive economies are…well…primitive.

Not a lot of consumer debt in Oaxaca or rural Michoacan.

Heavily leveraged economies tend to do well (eg: the US after WWII) but it requires proper risk management.

Dysfunctionally leveraged actors can shrink a whole economic ecosystem (as with the US in 2008 or with the US in 1913 or with the EU today) if they exist in sufficient numbers.

[urbanrealtor]

My 2 bits:
We didn’t have our boys cut.
When asking my father (a pediatrician and neurologist) about it, he stated that he was unaware of medical benefits, that there are known risks, and that he and my mother had decided out of aesthetic concerns (which is pretty common).

I personally don’t think the aesthetics are that important. If I had been aware of any benefits I might have thought differently.
I am aware of non-conclusive evidence of medical benefits now.
http://pediatrics.aappublications.org/content/early/2012/08/22/peds.2012-1989
Again, non-conclusive and I am not sure about what decisions I would have made with this evidence in hand.

[urbanrealtor]

[quote=paramount]This is a good discussion.

I provide my tenant a refrig as a convience/courtesy; if it breaks it’s soley my discretion if I want to replace it – otherwise it’s on the tenant.

My tenant finally left for good today, I decided to pull up the carpet and determined the entire house needs to be re-carpeted (cat/dog urine stains).

Of course he (tenant) is denying any damage from his pets and blaming me.

He stated he spoke with an attorney who told him that I would have to prove a pet never was in the house prior to the tenants occupancy.

How do I prove I never has an animal in the house (which is the case)? (sorry for the thread hi jack)[/quote]

So I now manage about 70 units.

1: Re Fridge:
If the fridge is an advertised amenity, keeping it in good repair is not discretionary.
If you have a special agreement that puts that particular repair on the tenant, you might get away with this strategy but I wouldn’t bet on it holding up. Also, its pointless. The repair bills on these are cheap (pm me if you need info) and cost to rent for not having a functioning fridge is huge.

2: Re Carpet:
Carpet has a useful life of 5 years. If its older than that, you will have a hard time proving any damages even with photos. If you pulled the carpet up yourself to look at the pad and subfloor, then you already incurred the cost of re-stretching yourself through your inspection. That cost responsibility is squarely on you. And that is usually the largest component of my re-carpeting costs. Do the math. If the carpet was new and the tenant usage time was only 6 months, then follow him for the replacement costs minus 10% of useful life minus some amount for the stretching.
However, in the future, get the cheap neutral stuff at Lowes and collect a larger deposit for the pet.

[urbanrealtor]

[quote=Jazzman]Got to disagree here. If that is the Honda Crosstour, it has one of the best butts in the market. It is the rest of the car that doesn’t work. Now let me guess, you hate the Nissan Juke? All relevant to the questions you raise, since design is what helps sell and the auto industry still doesn’t get it. Why? Steve Jobs should have headed up the auto industry. All cars now look the same, and are all grey in color. No character, no individuality, and German cars are held up to be the epitimoy of style. German cars?! Everyone’s too scared they won’t blend in.[/quote]
I find it interesting the weird ethnically focused names (Aztek, Vibe, Juke).

But seriously, I think the prowler is probably my favorite Sir MixxALot car.

[urbanrealtor]

I see your posts are increasing in their level of quality and relevance.

[urbanrealtor]

[quote=afx114]I’d totally go to a Foreclosure Squirt Gun Party.[/quote]

I had a party like that but the neighbors just called the police and charged me with urinating in public.

[urbanrealtor]

I generally recommend Parra Building consultants.
619-232-1100
They have torpedoed several deal (including with Piggs who can attest to this).
To me, that is a motivator to use them again.
They are honest and blunt.
Very recently, a Pigg used them in deal and they basically said “there’s nothing really wrong”.
Knowing how skeptical they are, this is a much more real statement to me (and my Pigg buyer).
They are CREIA and ASHI members.

Also, I was turned on to somebody of a similar skill level by AFX. Neil Muckler is very skilled in every way except socially. He has a strong distaste for agents and that turned me off. I prefer disinterested (like the Parra family) over loathing.
That being said, he really knew his shit.
And my description of him is a common one.

Finally, Deberry (aka homesite) are great.
They killed a deal for me last week based upon blunt and fair criteria coupled with a panicked buyer.
Their results were reasonable and diligent.
The problem in the deal was the fact that the buyer wanted us to replace the slab in a condo (?!?!?!?).

I don’t recommend using online review guides.
The last guy a client found on there would not go under the house because it was muddy. After telling me how dangerous this is (it isn’t), he informed me the slab was cracked. I am not sure how this was possible considering that the house is on a raised foundation (which means there is no slab).

In short, there is no license for home inspection and good online reviews probably mean the inspector is good at gaming review sites. Stick with someone who has good memberships and good professional review bona fides.

[urbanrealtor]

Due to poor record-keeping by the city, it is pretty common to sell property with unpermitted additions or “permits unknown” or whatever.

If there is a real concern about the city filing an abatement, then the next step is to contact a permitting specialist.
(eg: precise permits).

Unless this were something that already had the attention of the City, I would pocket the discount and not think twice about buying it.

[urbanrealtor]

Adam (aka SDr) is right.
If the escrow is pokey about producing it, you should inform the seller there is a potentially fatal problem.
That will generally get the wheels moving.

[urbanrealtor]

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[urbanrealtor]

This is the new “GOLD STANDARD” for Piggington posts.
Hee hee.

[urbanrealtor]

I think you missed the bottom by a few months but there are still some good things around there.
PM me for a more detailed opinion.

[urbanrealtor]

I used an estate planning attorney who is also a re broker.
Really good experience.
About $795 if I recall.
Trust, will, and child guardian choice.
Met up once and went over a questionnaire and then came back and collected our trust later.

[Author]

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