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All Forum Posts by: Richard C.

Richard C. has started 19 posts and replied 1919 times.

We need to know where exactly you are in the process, and a step-by-step of how you got there, in order to help.

There is what you "can" (probably) do, and what you should take the chance of doing.

In this case, I wouldn't touch this.  I fully expect that states which have legalized medical marijuana will begin to apply the same standard to that substance as they do to other medications, and begin to apply their fair housing laws to people who attempt to restrict it.  And that includes restricting the form in which it is consumed.  A landlord had no right to have a ban on hypodermic needles and then tell a diabetic, "You can take oral insulin."

I would advise you not to be a test case.  

Originally posted by @Account Closed:

When we sold our properties I had it put in the contract that they could purchase our properties for such and such amount, which included the Security Deposits, or I could lower the sale of the house, by the amount of the Security Deposit and have it be their responsibility.   They chose to purchase our homes with the lower sale price of our homes making the Security Deposit their responsibility. 

I'm glad I did that (had it in the contract) because a year later, after selling, tenants contacted us regarding their Security Deposit.  So I sent them a copy of the page where it said the new owners were responsible for the Security Deposit. 

So, with this said and done.  Did you have such a contract?  If there was no meeting of the minds between you and the seller, regarding Security Deposits, then the seller is responsible for the return of the Security Deposit, technically.   

But if there isn't any wording to this in the contract, then a Judge may have to step in and make a ruling.  

Nancy Neville

 Everyone please be aware that such an arrangement is not legal in every state.  It would give recourse against the buyer, but you would still owe the seller their security deposit.

Post: Tenants want a swingset

Richard C.Posted
  • Bedford, NH
  • Posts 2,011
  • Votes 1,614

Insurance coverage questions are yes/no questions.  If your insurance is OK with it, do it.  If not, don't.  But 'ehh, we don't love it" isn't an answer you should accept from an insurance agent.  They don't love anything.  Make them answer, yes or no.

Post: RENATUS SCHOOLING?

Richard C.Posted
  • Bedford, NH
  • Posts 2,011
  • Votes 1,614
Originally posted by @J Scott:
Originally posted by @David Dachtera:

It's rather like when you can't find the right comp.'s, so you convert recent sold prices to $/SqFt to do the comparisons.

Is this something that Renatus teaches as a good way to do a comp analysis???

LOL.  David, this would be an example of where "stop digging" would have served you well.

Post: RENATUS SCHOOLING?

Richard C.Posted
  • Bedford, NH
  • Posts 2,011
  • Votes 1,614
Originally posted by @David Dachtera:
Originally posted by @Richard C.:

Rule #1 of arguing persuasively:  When you find yourself in a hole, stop digging.

"in a hole" is a matter of perspective.

 You know...it's really not.  

Post: RENATUS SCHOOLING?

Richard C.Posted
  • Bedford, NH
  • Posts 2,011
  • Votes 1,614

I've been here a while.  You can tell by my post count.  I always describe myself as very small time as a real estate investor (though frankly David, if your profile is correct, I am less small-time than you.)  I am rather less small-time in my day job, so my ego isn't bound up in what I am doing in real estate.

I learn something on these forums every day.

If I were going to do a flip in Maryland or Atlanta, do you know who I would seek out?  Jason.  If I were looking at a deal in the PNW, or needed hard money, who would I call?  Jay.  If I wanted a Midwestern turnkey?  James Wise.  If I were looking at opportunities in the Canadian Maritimes and wanted someone to bounce ideas off of (the most likely of these hypotheticals, btw), who would I contact?  Roy.

Why?  Because, as Jason says, they have demonstrated through years of participation and thousands of helpful posts in answer to peoples' questions that they know a whole lot.  And that they are willing to share what their experience has taught them.

And I have learned nothing from any of the Renatus posters on this thread.  I have seen no willingness to share the lessons of experience with others, only repeated marketing fluff posts (most of them not all that good, frankly.)

David, you need to take a deep breath and step back.  You are arguing for arguments' sake, and making yourself and your organization look bad in the process.  You need to post substantive posts in order to be taken seriously here.  You should start by responding substantively to some of the questions that have been raised on this thread.

Post: RENATUS SCHOOLING?

Richard C.Posted
  • Bedford, NH
  • Posts 2,011
  • Votes 1,614

David,

Are you authorized to speak for Renatus?  Is your participation in these forum discussions vetted through the organization?

Thank you,

Richard

Post: RENATUS SCHOOLING?

Richard C.Posted
  • Bedford, NH
  • Posts 2,011
  • Votes 1,614

Rule #1 of arguing persuasively:  When you find yourself in a hole, stop digging.

Post: Landlord/tenant who pays question

Richard C.Posted
  • Bedford, NH
  • Posts 2,011
  • Votes 1,614

Damaged how?  Something from outside punctured it?  Landlord, always.  From inside? Depends, I guess.

But after 4 years, for something that is fragile, I'd be inclined to treat it as wear-and-tear and replace it myself.