All Forum Posts by: Jim Wineinger

As of yet, I have not had to project that far. I buy distressed, abandoned, properties and fix them up. The only thing I have to worry about is verifing that the contractor is certified by the EPA (not the contractor board) and put a clause in the contractor agreement that he accepts all responsibility for his workers (the only ones that will be there during the renovation for the rule to affect) for their compliance to the EPA rules.

I must also warn people here about wholesaling with the attitude that is displayed above. The possibility is there to do what is said, however, if you do not possess those same management skills spoken above, then you will not be able to protect yourself from the hidden things that can happen. You must manage what you say, to who you say it (or advertise it), or you open up yourself to a myrid of problems due to non-disclosure laws.

Wholesaling is not the cure all for not having excess funds, as one might get from the above post, you still must manage things properly. The same thing can be said of stocks, buy & hold, flipping, lending, ect.

You must always be prepared for the bad things that can happen. That is management.

No problem, JCC. No fight intended or accepted, it is all in the discussion realm that we do here.

I too am going by my what I recall from the bill AND the intent of the bill. It is that intent that is most often applied by the courts and if you are lead free (according to tests) then you are in complience with the intent.

I am not really sure about that "certified renovator". I believe that is speaking about the person doing the renovation (contractor) and not the lab personel. I do not remember the bill actually speaking about a lab (it might) but there are several "labs" that are certified by the EPA. They would either train the individuals themselves or just not hire anybody that has not already been trained.

I am speaking to common sense. I would be cost prohibitive for any business to have such a lab come and test all the areas that you might have to renovate. Think of the Chinese drywall problems. One 4 X 8 piece contained the problem, but the next one would not (in some homes). Or an unknowing contractor used a contaminated piece to patch a hole in a good piece.

It is common sense that checking the entire house would be cost prohibitive and therefore a responsible business will make sure that they comply by only using certified personel to do the renovations. Just as one would ask to see the certification of a CPA before taking his advice on taxes.

As Ingrid said, It might be ok, but why take the risk. This is not an area where more risk equals more profit potential.

Who said skirt the law? The law is based upon lead particles being released as being harmful to those in the area and those working on the area.

If there are no lead particles disturbed by the job then there can be no contamination and you are in compliance no matter who you use.

Anyone can question what was done. No problem as you have proof of no need for compliance since there is no lead. With no lead disturbed you are in compliance and any questioning has NO STANDING no matter who it comes from.

With the previous obvious stated, you are in error in some of your conclusions. First of all it is not a person that is certified, but the LAB which does the tests. Second there are several exceptions to the law which makes your claim of pretty much all the time incorrect.

Next, I asked the question, which way would be cheaper? That question was rehetoric in that hiring such a lab would be much more expensive on an per job basis, than the certification would be. Therefore the only business decision would be to become certified or only use certified personnel.

A responsible business decision demands that you comply or decide to dissolve the business.

Lets see now. We are talking about disturbing paint that has been there since 1978 and before because it might contain lead.

Back then it was commonplace to strip off paint, especially peeling paint areas, before painting. Therefore is there any lead based paint left really?

How many paint jobs last for 32 years anyway?

Take a scraping of the area and have it analyzed for lead. If it contains none you have the proof that you are not subject to the lead based rules because you have no lead.

You can tell my opinion of this "rule" but which would be cheaper, certification or analyzing each project?

Actually the same thing is done in RE with contract sales via wholesaling. You put a property under contract to purchase at a certain price and at the same time you contract to sell at another price.

You are guaranteeing the purchase at a later point of time because you do not actually own the property when you sell it. If you guess right you make money, if you dont you lose money.

You can even put in clauses (subject 2) to the contract to prevent loses if the infromation provided you was incorrect. You can not prevent those same losses in stocks, therefore the argument can be made that RE is more liquid than stocks.

Looks like you finally did it Josh!!!!!!!!!!!1 :lol: :lol: :mrgreen:

1,408 users have been online in the past 24 hours, and 1,111 are online right now.
324pm EST 3-31-10

1,311 users have been online in the past 24 hours, and 994 are online right now.

Come on now, we need 6 more to hit that 1000 mark!!!!!!!!!

On his 74th birthday, a man received a gift certificate from his wife. The certificate paid for a visit to a medicine man living on a nearby reservation who was rumored to have a wonderful cure for erectile dysfunction. After being persuaded, he drove to the reservation, handed his ticket to the medicine man.
The old man slowly, methodically produced a potion, handed it to him, and with a grip on his shoulder, warned, "This is powerful medicine and it must be respected. You take only a teaspoonful and then say '1-2-3’. When you do that, you will become more manly than you have ever been in your life and you can perform as long as you want."
The man was encouraged. As he walked away, he turned and asked, "How do I stop the medicine from working?"
"Your partner must say'1-2-3-4,' he responded, "But when she does, the medicine will not work again until the next full moon."
He was very eager to see if it worked so he went home, showered, shaved, took a spoonful of the medicine, and then invited his wife to join him in the bedroom. When she came in, He took off his clothes and said, "1-2-3!"
Immediately, he was the manliest of men. His wife was excited and began throwing off her clothes. And then she asked, "What was the 1-2-3 for?"
And that, boys and girls, is why we should never end our sentences with a preposition because we could end up with a dangling participle.

I tried posting table 11 here for you. But it did not come out well.

Check out http://www.census.gov/hhes/www/housing/hvs/annual09/ann09ind.html

See table 11 and you will get some of your answers.

this is the most recent data that they have released and there is a note that the next data release is due April 26, 2010.