All Forum Posts by: Nadir M.

Hello everyone,

My PM charged me $290 for replacement of a cartridge on a tub faucet. Does $290 not sound like I was way over charged? I mean how expensive are parts and labor? Sometimes I think about trying to manage my own properties from long distance. Thoughts?

@Jaden Adams

College isn’t going anywhere, you can always go back...now grant it it’s more difficult to go back years later but not impossible. I guess that’s also a point you can ponder. I have a Doctorates and I love what I do but sometimes I wonder what it would have been like to start RE 10 years earlier than just this past year. I am also paying back $100+ in student loans but it sure is “easier” to come up with a down payment or getting approved for a loan. Now I am married with a kid on the way and working 40 hours a week and still find time to learn RE. Anything is possible if you have the right mindset and dedication ...which at 19 you should have plenty of both.

GL

@Dan Mackin

That’s interesting and I did not know that. So if I live in a property for more than one year, I won’t refinance if I decide to buy another owner occupied. What’s that mean in the future if I do decide to refinance?

@John Warren

Thank you. Can I just use conventional instead of FHA to obtain the property?

Currently residing in Denver CO and saw a duplex that I really like. In CO, to buy said duplex using an FHA loan, how long do I have to live in this property before refinancing? Want to do this legally.

Thank you,

@Brian Ploszay

Great point. I do live in a different state so won’t be able to meet them.

@Ned J.

I think you raise great points. I learned soon after this post that these tenants were locked into a lease until April 2020. My agent was incorrect in saying m2m

@Nadir M. Correction to initial post. Tenant is actually locked into a lease until April 2020. Not sure where my agent got mtm. Not sure if this makes the situation more/less complicated.

@Jonathan Watt

Sorry for incorrect post but tenant is actually locked into a lease until April 2020. Not sure where my agent got mtm.

@Nathan G.

This morning my real estate agent texted me and told me that they were in a locked lease until April 2020, not sure where he got mtm to start with. I guess this makes it easier for me. I can either buy the house at a lower price or just not go for the deal at all.