All Forum Posts by: Account Closed

@Brandon Turner what is Brandon Turner’s story, from beginning to present?? Everything from the emo days to now? Is there a Brandon Turner specific interview podcast anyone? All the nitty gritty in one podcast?

@Michael Noto ok good point on the leverage. I didn’t know about that. Just out of curiosity, would they still be obligated to sell to me @ contract price if they refuse to give back the earnest $? Obviously I don’t want to buy a giant stack of mold, but for future reference it would be nice to know. I just purchased two out of state houses, site unseen and no inspection, so I’m not one to back out unless I really have to. I was just surprised to find such rot on the floor joists once I really zoomed in on the photos and considered that to be really shady trying to sell a house that is rotting on the base of the house that bad. I knew the roof was leaking into the house, but I think the standing water in the basement rotted the floor joists. Whatever the outcome, I realized something that was a blowout at the final hour, and made the necessary decision to cancel the purchase, after the inspection period had expired. The reason why I didn’t notice it before my 2 week inspection time expired is because my inspector went out and shot a few photos, copied a bunch of standard disclosures and called it an inspection. Once I finally got him back out to shoot more photos, it had been 2 weeks time, so at that point I was hoping for the best, but had to deal with the situation. Note to investors: its more profitable to have a kid go out and shoot a bunch of photos with an iPhone, than an inspector who emails some pixleized photos that you can’t zoom in on. It’s amazing the damage that can show up when you can zoom in on a photo and see clearly!!

@Brandon Carriere alright, I appreciate the help. Just nice to know the rights/ limits. Thanks

@Matthew Paul ok word.

@Brandon Carriere ok thanks. Just curious how to handle the next one even if I don’t get funds back. For $1000 it’s not worth waisting time to get If it’s a process. I’ve heard that you can usually get the emd back under most circumstances. I closed 2 way better deals recently, so it’s worth it to me, even if I lose the 1k.

I was in escrow on a house out of state. They required a $1000 earnest $ deposit. The escrow papers gave me 2 weeks to inspect property for defects. I asked for a 30 day escrow, but as I recall my realtor made it a 45 day. I had an inspection report done but the pictures weren’t very good. I sent the inspector back out to just text me photos from his phone so I could see them better. He said he couldn’t walk on the roof or go in the attic because it wasn’t safe. So I was laying in bed looking over the photos in detail a week or more before closing the deal and noticed when I zoomed in, the floor joists weren’t just discolored, they were rotted really bad. So bad they would have to be replaced completely to pass an inspection for financing (all of them). Bottom line, I pulled out of the deal and requested my emd back because they marketed a house that needed to be torn down completely and was not able to be saved. Do I have no right to my $1000 emd or am I justified in concluding the house isn’t able to be rehabbed? My realtor put my emd money with her broker and it still sits in their account. However they said they can’t give me the funds back, and since the seller wants my $, it will have to go through arbitration. The broker said I wouldn’t end up getting any money after arbitration anyways. He suggested I split funds with seller and move on. What do you think, should I move on, or get the $ back? One last note: this house was sitting on market for a good while, has water coming through roof, holes in ceilings, and a lot of mold.

@Mindy Jensen people would typically like a light colored tile above a white tub, usually white. A fake tile shower insert might look a little like the fake block foundation skirting! Shower inserts are fine like you say, but where people are trying to create ultimate beauty, they will tile. Shower inserts in a really nice home would be like eating at a nice restaurant and they bring you a plastic cup.

@Jason Hirko I can imagine some serious problems with the application. One crack would be a total blowout for me as an installer. Then trying to fix it or solve it with concrete paint is not reliable long term for a shower surface that will be scrubbed etc. Putting cement board down over studs, then skimming a coat of this over it does not sound crack proof. There would have to be a lath of some sort to avoid the cracks on the seams I would think. I LIKE the concrete look and would love to do that all around. I think you have an interesting product, but I have to question the longevity of this application. So for a positive solution to my concerns, I imagine you might be able to put a strong polyurethane glue between seams on your hardibacker to avoid cracking, with water proofing behind all to keep it from leaking. You seamed to indicate using this on floors/ pan too? Do you have a hot mop and mortar floated base before it? I want to believe this is a possible solution, just having a hard time accepting it as a 500 year option or even a 5 year option. Can you clarify to us why this would not crack on the hardibacker seams, or what you do to water proof your pans? Texas slabs will be way more forgiving than sub floors. Sorry for the rabbit trail Mindy! Not sure this product deserves to be considered, but very interesting!

@Jason Hirko legend? Is this painted white or mixed with color? What do you think of just using the concrete color finish? Have you seen this stuff hold up, or are you new to it? Thanks

@Mindy Jensen I’d say either will work as long as they’re installed properly. “Contractors” blow it all the time on tiled shower bases. As real estate investors, I’d say whichever brings the most value, whether the inserts save you time, or the tile makes you a lot more $. The tile looks way nicer when using the proper tile, and niche, however it is way more expensive to do. I think the risk of having it installed wrong concerning water leaks is way less than a shower base, and could usually be remedied in some way. Personally, I’d rather install a tub/shower combo as one piece, than put inserts in. The inserts can end up being very spongy if installer does not glue behind and place brace boards to push the walls against the glued studs. All that said, I think inserts are a fine solution, much faster and will save you $! Roll with the inserts, don’t do bad caulking jobs and save time and $. If it’s a flip, probably tile the thing to get more out of the sale price!