All Forum Posts by: Adrian G.
Adrian G. has started 23 posts and replied 256 times.
Post: EPA makes it illegal to be a handyman - Seriously

- Real Estate Investor
- Chicago, IL
- Posts 318
- Votes 30
Originally posted by Eric Limbeck:
In April it will be illegal to work on your own house. Anyone doing work on properties built before 1978 have to now be a certified renovator and trained to do the work if you disturb more than 6 sq/ft inside or 20 sq/ft outside or any windows. It applies to you and all handymen that you hire. After you take the mandatory class it takes 60 days to complete the certification process, so you need to get this done now. The fine for not complying is $32,000!
http://www.epa.gov/lead/pubs/renovation.htm
What is this world coming to tsk tsk.
Post: Subdividing land/acres....

- Real Estate Investor
- Chicago, IL
- Posts 318
- Votes 30
These are the parcels I have available:
1. 10 acres.
2. 5 acres.
3. 4.59 acres
Im just looking to break them up and move on to other deals.
Post: Subdividing land/acres....

- Real Estate Investor
- Chicago, IL
- Posts 318
- Votes 30
Thanks John, yeah every county handles it differently so Im glad I got some in a county that didnt care or wont make a big stink about it.
Post: Developing storage facilities with Shipping Containers...

- Real Estate Investor
- Chicago, IL
- Posts 318
- Votes 30
I love those types of houses, I seriously cant wait to make something similar to that happen.
Post: Is a subject-to deal possible for a newbie?

- Real Estate Investor
- Chicago, IL
- Posts 318
- Votes 30
All I can say is study-research-study-research....have money on the side.
Post: Newbie from Corpus Christi, Texas

- Real Estate Investor
- Chicago, IL
- Posts 318
- Votes 30
Welcome to BP
Post: Looking for an agent in Detroit

- Real Estate Investor
- Chicago, IL
- Posts 318
- Votes 30
Im looking for a RE agent in Detroit, if anyone can recommend one that would be great. Experienced only please.
Post: Subdividing land/acres....

- Real Estate Investor
- Chicago, IL
- Posts 318
- Votes 30
Originally posted by P NW:
1 way is that several owners share ownership of a house or condo and each owner has assigned weeks to use the property.
The other way would be a large parcel, usually a ranch or farm, that is owned by a large group of people and they each have a small building lot assigned to them, and then they each have full use of the large common areas.
There are a couple of different campgrounds that are owned that way. No one has a divided parcel; everyone co-owns the whole thing, but each owner has a campsite assigned to them for their own personal use.
P NW, Im glad you know what Im talking about I feel like people think Im making this up hahaha. The undivided fractional ownership I own is pretty similar to "campground" way you were saying ....No one has a divided parcel, everyone co-owns the whole thing...but with NO campsite haha.
Post: bankruptcy lawyer in chicago

- Real Estate Investor
- Chicago, IL
- Posts 318
- Votes 30
Originally posted by Tim Wieneke:
Freakin hilarious hahaha
Post: Subdividing land/acres....

- Real Estate Investor
- Chicago, IL
- Posts 318
- Votes 30
Actually I was gonna correct myself and someone else, u cant have a subdivided fractional interest....Thats what I get for typing this from my phone.
No each party gets an undivided fractional interest in this property and will acquire an ownership right to use and possess the property that is shared among co-owners, with no one co-owner having exclusive rights to any portion of the property. Its actually quite common in certain states (Kentucky, michigan, alabama, etc)