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All Forum Posts by: Daria B.

Daria B. has started 149 posts and replied 1905 times.

Post: Responsibility after property management agreement has ended

Daria B.Posted
  • Rental Property Investor
  • Gainesville, FL
  • Posts 1,946
  • Votes 429

@Tony Cook

I can speak from the perspective as an owner who switched PMs mid-lease.

The previous PM was no longer in force after the official switch to the new PM. 

I had some issues with a tenant that began with PM1 and overlapped to PM2 and PM2 rightly took on their role as new management. I had all documentation sent to PM2 and I had my own meticulous records that I shared with PM2.

As you are in the role of what my PM1 was, you have no other obligations unless there is some written contract that says otherwise.

Post: Lumber Liquidators new store

Daria B.Posted
  • Rental Property Investor
  • Gainesville, FL
  • Posts 1,946
  • Votes 429

@Sam Shueh I drove to Jacksonville to Floor and Decor and it was worth it since Lowes and other stores in my area didn't have anything in the price point I wanted. It was a rental I was having 2 bedrooms refloored. It sounds like having LL in my town is good on in that if the price is good and there are defects, I can easily return them.

Post: Selling FSBO - buyer's agent now wants to be transaction agent

Daria B.Posted
  • Rental Property Investor
  • Gainesville, FL
  • Posts 1,946
  • Votes 429

Post: FHA appraisal - house doesn't meet minimum requirements

Daria B.Posted
  • Rental Property Investor
  • Gainesville, FL
  • Posts 1,946
  • Votes 429
Originally posted by @Gustavo Panosso:
Originally posted by @Daria B.:
Originally posted by @Gustavo Panosso:

Looking for some guidance -- I'm selling a house that I rehabbed. It has a detached garage and workshop that has some peeling paint. The first FHA inspector/appraiser did not make an issue of it. The second appraiser is now saying that the paint is an issue and needs to be fixed before the buyer can move forward with the loan. They house is build pre-1978. Any thoughts on how to handle this? Is the only solution to scrape and repaint?

I’m curious how two inspectors who are supposed to know the rules, regs, guidelines (what ever they go by) , came up with differing inspection results. Whether it needs to be addressed or not I’m just wondering when they send the 3rd person will they find something else.

 Thank you for the reply. I had the same question and contacted the lender. He said that the second inspector will be going out to verify that the repairs are done correctly. He also mentioned that they will be having a conversation with the first appraiser to see why he missed the items that the second appraiser found.

 Good that there may be some consensus on the matter.

Post: FHA appraisal - house doesn't meet minimum requirements

Daria B.Posted
  • Rental Property Investor
  • Gainesville, FL
  • Posts 1,946
  • Votes 429
Originally posted by @Gustavo Panosso:

Looking for some guidance -- I'm selling a house that I rehabbed. It has a detached garage and workshop that has some peeling paint. The first FHA inspector/appraiser did not make an issue of it. The second appraiser is now saying that the paint is an issue and needs to be fixed before the buyer can move forward with the loan. They house is build pre-1978. Any thoughts on how to handle this? Is the only solution to scrape and repaint?

I’m curious how two inspectors who are supposed to know the rules, regs, guidelines (what ever they go by) , came up with differing inspection results. Whether it needs to be addressed or not I’m just wondering when they send the 3rd person will they find something else.

Post: should i get multiple phones to track leads?

Daria B.Posted
  • Rental Property Investor
  • Gainesville, FL
  • Posts 1,946
  • Votes 429
Originally posted by @Account Closed:

should i get a couple pre paid flip phones? 

 Why not get a google voice number that will forward to your phone. I volunteer for Habitat women’s Build and that’s what we use. Each person has there number associated with the google voice and we switch up on having that virtual phone ring to our own phone.

Post: Lumber Liquidators new store

Daria B.Posted
  • Rental Property Investor
  • Gainesville, FL
  • Posts 1,946
  • Votes 429
This store just opened in Gainesville Fl. Anyone been or had experience with the products / customer service / returns from this company?

Post: Impact of new Tax Laws to REIs?

Daria B.Posted
  • Rental Property Investor
  • Gainesville, FL
  • Posts 1,946
  • Votes 429

@Account Closed has a webinar on this very subject. Ask him for the link.

Post: Buyer never paid earnest money?

Daria B.Posted
  • Rental Property Investor
  • Gainesville, FL
  • Posts 1,946
  • Votes 429

Wholesale🤔

Post: When to do W-9/1099 and Independent Contractor Agreement

Daria B.Posted
  • Rental Property Investor
  • Gainesville, FL
  • Posts 1,946
  • Votes 429
Originally posted by @Jared Patton:

Thanks Daria! Did he fill it out with his personal name or under an LLC?

 He used his personal name. He asked and said he could do either way I wanted. As long as he did it i was glad. Those that are apprehensive i don't do business with. 😊