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All Forum Posts by: Doug N.

Doug N. has started 9 posts and replied 216 times.

Post: Utility billing solution for Mult-Family units?

Doug N.Posted
  • Lynnwood, WA
  • Posts 221
  • Votes 157
Originally posted by @Sean OReilly:

...can be good opportunities for me to go in, lower rent and recover utility costs 

 My first impression is that this will be a break-even (- lower rent, + utility billings), and that you will not get paid for your development and implementation costs. 

A friend of mine once said "When you are an Energy Analyst / Building Automation Programmer, all of your problems look like a nail." 

Or something close to that. 

Best of luck!

Post: Tenant stealing electric

Doug N.Posted
  • Lynnwood, WA
  • Posts 221
  • Votes 157

Am I the only one surprised that this question is actually posted to the forums?

Ex: "Someone is threatening my livelihood and the lives of others. What should I do?"

You know what to do, my friend. 

Best of luck!

Post: Who is more unethical Realtors or used car salesmen?

Doug N.Posted
  • Lynnwood, WA
  • Posts 221
  • Votes 157

@Adam Bartomeo Am I surprised that no one has mentioned the law(s) of attraction? Not really. I used to think those types of books were simply wishful thinking writ large, but more and more I am seeing these themes play out in very clear ways. There is a lot to work with here, starting with a confirmation bias and ending(?) in the murky waters of "This is what I think happened... agree with me, please." 

I write this way - frankly, with no hand-holding - to inform you of another viewpoint, a perspective formed by some valuable (albeit unpleasant) experiences. Often, there was no one to consult in these issues, and my constant and unfailing tutor was the Hard Knocks University. I have a few master's degrees.

You have a hive-mind here of folks more wise than the two of us, and it may be good to really (really) read some of the advice offered by these folks. 

This is the best advice I can give you. I wish you the best in your endeavors, and take it easy!

Post: Is it worth it to sue?

Doug N.Posted
  • Lynnwood, WA
  • Posts 221
  • Votes 157
Originally posted by @Account Closed:

...you are someone who wants to be right more than wants to resolve issues. If so, land lording might not be for you.   

Yes. OP is seeking resolution for other matters, and this is the proxy.

Post: How a $500 problem became a $5000 problem

Doug N.Posted
  • Lynnwood, WA
  • Posts 221
  • Votes 157
Originally posted by @Roy N.:

I find folks frequently use vent and exhaust interchangeably.  

That said, if the HVAC and water heater are both direct vent, and there was an old chimney present, it is not unheard of to run both the vent and exhaust lines up the old chimney - provided nothing else is using it.

 Sure, that's common, but I think the price hike was bc of a reline, which is not needed if the vents are piped. Maybe it's possible?

Post: New member from Washington

Doug N.Posted
  • Lynnwood, WA
  • Posts 221
  • Votes 157
Originally posted by @Shaune Pilcher:

I have been in the auto industry since 2003. During that time I have owned a couple rental properties which I have since sold. I am looking to get back into investing in the upcoming years and would like to get into multi family.

 Shaune - 

Welcome, and contact me anytime. I have a lot of Snohomish data I am willing to share. Good luck!

Post: WSJ article on impending CRE bubble

Doug N.Posted
  • Lynnwood, WA
  • Posts 221
  • Votes 157

@Rob Cee right on. preach it!

Saw a hedge fund guy getting interviewed, and the only thing I remember from it was his quote of "This life is completely seductive." 

Successful folks never retire - why leave something you love?

Post: Did I choose the wrong profession?

Doug N.Posted
  • Lynnwood, WA
  • Posts 221
  • Votes 157
Originally posted by @Jerusha Holder:

How do I, as a new agent, rise above the "bad press"? 

You rise above it. It's that simple. Become a 1%er in your space. 

@Gilbert Dominguez

Good agent work very hard but they do are not sure who will really buy leaving them with uncounted hours of unpaid work. 

Sooner or later they start to deny services if they feel someone is not going to pay meaning not going to buy a property. 

Gilbert - good point, but I have to say that these agents are not really taking care of their customer, let alone themselves. A great agent knows which clients will buy, and when.

Post: How a $500 problem became a $5000 problem

Doug N.Posted
  • Lynnwood, WA
  • Posts 221
  • Votes 157
Originally posted by @Account Closed:

well, the chimney is the vent for the hot water heater and hvac system. As far as I know, there is no other venting system. The company wants to reline and re vent the entire system...

 Curious minds want to know... why is OP accepting bids for a re-line when it's a vent stack? 

Post: Non-essential Request by Tenant

Doug N.Posted
  • Lynnwood, WA
  • Posts 221
  • Votes 157
Originally posted by @Account Closed: