All Forum Posts by: Nicki Shelton

@Matt M. Well said! I think I'm going to pass. There will be other properties.

@Matt M. That is so true Matt. My husband is an electrician for a different solar company so I know he can fix the holes. However, like you said it is no longer a new roof. Will that effect the value if or when we decide to resell the property if it hasn't been longer than the roofs life? Everyone is giving great advice so I might pass on this home.

@Nicole W. Thank you for your advice. I'm going to ask my agent to get a copy of the lease agreement so I can read it.

@Sally Fairchild thank you for your advice. I appericiate it.

@Patricia Steiner thank you for that great advice. I never thought about that. Am I in my legal right to ask to read that contract?

@Kenton LeVay So the solar panels are owned by solar city which was bought out by tesla. The current homeowners mentioned the buy out fee is $55,000 and they do not have the money to have them removed. With that being said the panels are contracted to the home and not the home owners. The current owners said we could call and have them removed. Yes they do save money however, since there on a lease the money you save on electricity is being paid towards the leasing fee. I do feel like the current homeowners are trying to recoup their costs through the sale of the home. So how would I go about asking for a portion of the purchase price back to have the panels removed? My husband is an electrician for a solar company so having them removed is no issue. With my husband's company the homeowner purchases the panels so they actully save money. I do not want the solar company to place a lien on the home for that cost that is my fear. I am going to contact the solar company prior to the closing of the home to see how it will all work out. If need be it might be a deal breaker. The home would cash flow $3800 through section 8 which is the direction I want to rent.

We are looking at purchasing a home built 2016 in TurnKey condition. It has a new roof new water heater completely renovated. However my concern is the solar panels they are least so you never going to own them outright. And every month you have to pay a leasing fee. What are some things I need to be concerned about regarding the solar panels?

Hi everyone we have located or first property and we are considering air bnb. We are going to list on a couple of sites. How would you find a good house cleaner for in between stays. I was thinking property managment companies but that doesn't seem to produce good results. So what is the going rate to clean an air bnb property? Best way to find someone? Thanks we are located in Fort Worth Texas.

 Let me know how your exit stragety works out. Would it be possible maybe sell the home owner finance the home with 20% down payment then just carry the note? At least you will have the down payment for if you are worried about the 75% ltv with a another bank.  I hope you will find a different bank. Or maybe just sell. "It's a hot market"

Thanks Nicki Shelton