All Forum Posts by: Matt Clark
Matt Clark has started 20 posts and replied 398 times.
Post: Two wire house... again

- Roanoke, VA
- Posts 404
- Votes 203
@Brad Smith, the number of prongs is determined by the receptacle, not the faceplate.
You may be able to buy just the stickers somewhere, but I've never found them. But when you buy a new GFCI receptacle it comes with numerous stickers that most people just toss out because they don't need them. You might need to buy several GFCI outlets just to get the stickers. Or maybe catch an electrician coming out of your local supply house and just ask them if they have any in their van.
Good luck!
Post: RE agent/team calendar advice?

- Roanoke, VA
- Posts 404
- Votes 203
Google calendar works great for us. You can share calendars, assign permission levels, check availabilities, send invitations and reminders...and probably do lots more.
Post: Will landlord policy cover floor damage from burst pipe under hse

- Roanoke, VA
- Posts 404
- Votes 203
I'm not sure about the insurance issue, but I would immediately rent dehumidifiers to put in the first floor and crawlspace. Pull that moisture out and you may be surprised how quickly the floors settle back down to their original state.
Good luck!
Post: Lead Abatement in a 6-unit Rehab

- Roanoke, VA
- Posts 404
- Votes 203
Alterations in buildings built before 1978 are generally (if not always) regulated by the EPA:
http://www2.epa.gov/lead/renovation-repair-and-pai...
If you simply want to know whether the building has lead paint in it you can purchase lead paint test kits at Lowes and Home Depot.
You'll also have state specific regulations governing remodeling/renovating activities and licensure. My experience has been that it's worthwhile to do things "by the book" rather than risk stop work orders, civil penalties, and even criminal charges.
You might consider talking to local contractors and getting their input.
Good luck!
Post: Meetup in Roanoke, VA

- Roanoke, VA
- Posts 404
- Votes 203
Hi BP Family!
Our next meetup in Roanoke, VA is October 28 at 7:00pm. We'll meet at the Grandin CoLab, in Conference Room A this time. Conference Room A is past the usual meeting room, along the back wall.
www.grandincolab.com
The group has chosen to meet on the fourth Wednesday of each month, so go ahead and mark your calendars.
This meeting is open to everyone, brand new to seasoned investors interested in Roanoke, Salem, Vinton, and the surrounding localities.
See you soon!
Post: Legal means to recover rent arrears

- Roanoke, VA
- Posts 404
- Votes 203
@Molly Lee, good - I'm glad I misunderstood! Take him to court.
Post: Copper or Shingle roof?

- Roanoke, VA
- Posts 404
- Votes 203
If it isn't visible, I'm saving that extra money and applying asphalt!
However, in some historic districts you have no choice but to replace with original materials; you should make sure this doesn't apply to your situation. Just contact the local zoning office.
Post: Legal means to recover rent arrears

- Roanoke, VA
- Posts 404
- Votes 203
If he has abandoned the property you should file a Warrant in Debt as he is no longer in possession and rent is in arrears. Before you do, you might call him at work and explain what your plan is, and that you will serve papers on him at work. Sometimes this tactic will cause someone to pay up because they don't want the sheriff showing up at their place of employment.
Did I understand you to say that you did not rent to him? Without a strong lease naming him as the Lessee I think your chances of recovering damages are slim at best. You must demonstrate to the judge that he had a duty to pay, and if he is not the Lessee you won't get far.
Post: Roanoke Area Real Estate Meetup

- Roanoke, VA
- Posts 404
- Votes 203
@Mark Brogan, good to see you again! And I'll add those topics to the list - good suggestions. Here's a link to the FB:
https://www.facebook.com/groups/875869902498640/
Thanks!
Matt
Post: Cell Provider Lease Rates

- Roanoke, VA
- Posts 404
- Votes 203
We have been approached by a cellular service provider that wants to lease rooftop space on a commercial building. They will place a sled mounted data node antenna on the roof, we will supply electricity.
It seems like a hassle-free proposition, but we have no understanding of what a reasonable lease rate would be. Are there any industry standards for what to charge? Any pitfalls we should avoid?
Thanks in advance!