All Forum Posts by: Paul Ellerbusch

Thanks @Dustin Allen 

From what I am reading it's allowed in Indiana, too. 

I am selling one of my rental properties and have accepted an offer. The offer is from an entity, all-cash, at listing price. Sounds great, right? Well they included a special stipulations addendum in the offer allowing them a 15-day inspection period to find issues and request seller credits. I am expecting 2-3% in credits, which is fine by me. However, I'm concerned they will come back with an unreasonable amount and it will have been a waste of time. 

I'd like to allow other potential buyers to tour the property and make offers. I understand that I can't accept another offer while under contract and would be honest about the situation with potential buyers. Can I continue showing the property and allow people to submit offers as a backup plan should my current deal fall through?

I own land in Costilla County, Colorado. I know that building codes and permitting requirements vary by jurisdiction, but do you need a license of any kind to apply for a residential building permit? There are so many blueprints on line for free and I want to use those to sketch my own home design. Has anyone done this before? Do permitting officials need to see a licensed contractor, architect, structural engineer, etc produced the blueprints?

@Whitney Scott where are you located? My property is in hasty right off of AR-123.

I am in the process of closing on 20 acres in Northwest Arkansas. I plan on developing the land into 4-5 tent campsites and two cabins, and renting them on Airbnb. There are a bunch of Airbnbs nearby. About 5 miles from my land are 6-7 ABnB/STR destinations within 2 miles of each other. I have my construction team in place but am having a hard time finding property managers, cleaners, landscapers, etc. I am at the point where I may just drive over to a few of the nearby ABnBs and ask for references. As business-owners, would you all take kindly to a future competitors asking for help? I am not afraid of hearing "no", but I would hate to burn bridges. All opinions are welcome!

There are power lines that stop about .5 miles from from property on both sides. I am buying 20 acres and plan to build cabins (there’s already a small cabin there). I have looked into solar power but it would be a huge benefit to have city power. Does anyone have experience with asking a utility provider to extend the power lines? I obviously plan to use/pay for their power, so there is some incentive for them. Any suggestions on how to start this process ?

@Scott Mac

Thank you for the input!

I am look at 5 acres of beautiful mountain property in Colorado. This will be the first land purchase I’ve ever made and would love to talk to someone who has purchased land for future development. The property is “off the grid”. I plan on building a cabin, eventually. What questions should I be asking to ensure that the land is suitable for my future dream cabin?

@Stephen E. this is in Milwaukee 

@Account Closed whoops! You are correct, I meant $50. The tenants cover all utilities. I inherited tenants in one of the units (it’s a duplex) and they have had the utilities in their own name since they moved in (6 and 3 years as tenants). It seems to be the common practice in this market.

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