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All Forum Posts by: Dick M.

Dick M. has started 17 posts and replied 126 times.

Post: trouble getting tenants?

Dick M.Posted
  • Electrical Contractor
  • both, Maine & Florida
  • Posts 129
  • Votes 53

Thomas, those fair market rents seem high here, they must be with everything included?? It doesn't say....

Post: What expenses are included in the 50%?

Dick M.Posted
  • Electrical Contractor
  • both, Maine & Florida
  • Posts 129
  • Votes 53

If I can lower it by 5% for managing it myself, can I further reduce it for doing all repairs myself?

Post: Rooms for rent issue

Dick M.Posted
  • Electrical Contractor
  • both, Maine & Florida
  • Posts 129
  • Votes 53

I don't see how it could be illegal, if you live there, its more of a roommate situation not rental...

Post: Submetering gas for 17 unit apt complex? Can?

Dick M.Posted
  • Electrical Contractor
  • both, Maine & Florida
  • Posts 129
  • Votes 53

"one boiler for the complex and gas heaters in each apt unit..."

I don't understand that, but the way to go would be to install a Rinai heater in each unit . I have a few and they are low maint and efficient. Assuming the gas co will give you 17 meters...

Post: Home steps, whats their problem???

Dick M.Posted
  • Electrical Contractor
  • both, Maine & Florida
  • Posts 129
  • Votes 53

Well, another deadline come and gone, I called the listing Realtor twice today, he said he was working on it. I can't see in the addendum that I can't walk, and a paragraph says either party is limited to $1K loss if the other fails to proceed to settlement. Why don't I deserve it now??

Post: Home steps, whats their problem???

Dick M.Posted
  • Electrical Contractor
  • both, Maine & Florida
  • Posts 129
  • Votes 53

I put a Freddie Mac/ Homesteps house under contract on Feb 4th, listed at 24,900 and after very slow negotiations I got a contract for just under 22K. before closing time came they canceled the contract, saying I was late, I had to start over. To speed things up I offered the asking price. I was supposed to close March 28th, now the new deadline is tomorrow April 11. I haven't heard a thing yet. I plan to walk if not done tomorrow, has anyone else had slowness problems with Home Steps?