All Forum Posts by: Marci Stein

You were smart enough to anticipate something might happen and include in your lease you are not responsible.
therefore, you are not. Good job!

Oh these are absolutely excellent points ,

and I’m not sure of the answers .
the house is incredibly cheap (35K )

but I’m sure it needs another 75K 

so I have forfeited this property.

It seems as though it’s too troublesome . thank you all for your wonderful feedback.

The house was built in 1850. 
updated electrical and plumbing. 

It has a good foundation with a crawlspace but joists underneath all are damaged.
if I put new ones in, will it be hard to sell with vonvention mortgage? 

I’d like to buy a house in upstate NY 

with an incredible discount because the Piers under the house need to be replaced , which I plan to do .
will this house be eligible for the next buyer to get a convential mortgage if the repairs are replaced?  ty!

Chanel Turnquest , property manager, Realtor , Investor in Syracuse is the one to contact. She is an expert and is very helpful.

Such very interesting replies by everyone. My concern is if they feel we are on such a familiar basis to call me hon and babe ,

they might think it’s OK to take other actions on their own,  i.e. paint the walls,  have a friend move in. , be rent late, 

I agree-  This is a business and  rules need to be followed. addressing me in a professional way makes it more likely they will do everything else accordingly , i think.

My tenants are a couple - she calls me “hon”, He calls me “babe.”. Every time they do that , I mention my name is marci .
I like to maintain a professional profile which is why I correct them .
not a big deal. Just curious what you would do.

Matt- by owners policy , do you mean title insurance?

Wayne- this will be a live auction held at the courthouse. Does that answer your question?

Thanks!

I am preparing to attendmy first auction.com sale .
for those of you who have bought from them ,

have you had any problem with liens unpaid?
Is it necessary to do a title search for every house I bid on ? 

Thanks very much !

Look at a ton of properties , throw out numbers that work for you , and see if any stick.