All Forum Posts by: Mike Baker

I would secure them somewhere safe and inventory what there is.

I would be concerned he was baiting me so he could come back and make some weird false allegation.

Well you could check into an LLP.

I would love to tell you I'm an expert, but I'm not.

However a coupe, of red flags popped up from your post.

1. Why did he form an LLC without talking to you?

2. Why is he suddenly wanting his money "up front"?

You are absolutely right, you should be setting aside money for maintenance and unforeseen expenses.

My biggest suggestion would be, if you really want to protect your assets, talk to a lawyer in your area about the best option for both you and your boyfriend. 

Sure it costs, but it will give both you and your boyfriend peace of mind.

I understand wanting to be the nice guy, but this guy squatted without your permission and he did it on purpose.

All red flags.

What else is he hiding? Just saying.

Montana is definitely a different dynamic when it comes to Real Estate it would seem.

I feel there's a lot of hidden gems though. 

Dig deep, and welcome from a fellow Montanan .

Awesome job Nancy. Congrats!

Welcome. There is no shame in mobile homes. I grew up in one, and I know there's a big market for them. Good luck!

Good rule of thumb on PEX is that you can run 2-3 fixtures off a 1/2 inch line. Meaning run 3/4 fro he main run and then branch off to the fixtures. Keep in mind as well that there are many kinds of PEX. I prefer Uponor (used to be wirsbo). Reason for the preference is that the crimp ring on Uponor spends all of its time compressing the tube to the fitting, since it has a "memory", whereas other PEX fittings only crimp the ring to the tube and that's it. Research it, and as I always say, Don't be cheap! Get a good PEX.

Also, @Michael Herr is absolutely correct. You have to go from the threaded fittings, and YES, replace it from the meter to the rest of the house. If you only replace chunks you will get junk clogging your fixtures because any work you do on the system will only cut the inner rust in the pipes loose.

Lastly, take the aerators off your sinks when you finish and run the faucets. If you run them for a few minutes without the aerators it will kick all the junk out and not clog the aerator. Spin it back on and you just saved yourself a lot of headache.

You also notice that students don't typically have to account for the expenditures related to that money either.

So I don't think (if there's no accountability) that's it's a big deal if students use it to invest.

Better property then alcohol.

Research, research, research. Take the time to vet whatever contractors you chose to work with.

Also, I know price can be a sticking point, but you would rather pay a little more for a great job that doesn't need to be messed with again, then a lower price for one that needs more maintenance because it wasn't done right to begin with.

Don't be cheap.

I would say before as well. I mean, what's the agent and/or owner hiding?

Not to say they are hiding anything, but it would make me wonder.

Seems like a waste of everyone's time to talk about it after when it could have been discussed and factored in from the very  beginning