All Forum Posts by: Simon Qu

Hi all thanks for your input.  The reason why I am pulling my hair out is because a single family resident are worth more than a duplex in South Pasadena and it seems that if I am going to gut out the property its better if I went that route.  Thoughts?

The seller is in the last few days of the 1034 exchange and they need to close quickly and therefore cannot deliver the property vacant.  Unfortunately, there are tenants still living on the property and they lived there for almost 20 years.

My intention is to close on the property, renovated it and move my family into the property.  Are there any risk you guys see with me purchasing the property?  I am going to serve the tenant a 60 day notice right after I remove my contingencies.

Hi All,

Hope you all can give me some advice.  I recently purchase a duplex in South Pasadena but the zoning is Single Family Resident so the city has no issue with me converting back the unit.

The unit is currently under the grandfather plan which means the building is legally a SFR but not conforming to the currentt laws so I can continue to let it be a duplex or change it to a SFR.

The property needs substantial amount of work estimated around 100k and is 1600 square feet.  I am looking to move my family into the duplex after rehab so comments or suggestions is appreciated. 

Thanks

Hi Everyone,

I am new to the Nevada real estate market and am wondering if HOA Liens survive a tax deed sale? I searched the web and there seems to be mixed information but if anyone can clear this up for me. I would be really appreciated.

Thanks

Simon

Hi Everyone,

I am interested in a property at a tax deed auction. The property is not in foreclosure but has a mortgage on it. This means the property owner has been paying the mortgage and not the due taxes for so unknown reason I am not able to find. Anyone have any experience with this? Any problems I should look out for?

any help is greatly appreciated. Thanks