All Forum Posts by: Taylor Kendrick

@Chris Seveney got it - this would be ny first purchase, but I don't intend to reside at the property. so I'd likely be DQ'd from the vast majority of these assistance programs?

 I became an avid golfer a few years ago so I've definitely considered the other benefits haha. The family benefits are often wonderful, too - just having a place to take the kids or partner and socialize or do things with them... I'm into it. Naturally the costs are prohibitive in my area so it's muni courses for me for the time being. 

I've attached a screenshot of some examples from a home I was looking at in Chicago on Redfin. 

I'm curious how many of you have experience with using these programs. Would love to hear any and all insights!

Hi everyone,

I'm curious if we have any ardent country club folks in here who can share a bit about their experiences as it relates to their business or network. 

Has it impacted your real estate business? How so?

Did you conduct a cost-benefit analysis before joining to determine it could be worth it? What factors did you consider in this analysis and how did you weigh them?

If you could go back to before you were a member at your given club, would you still join? 

How would you recommend new members leverage the membership into positive real estate business/connections? What are some things the new member can do to offer value in return?

I'll probably have more questions as or if I hear back lol. 

 Thanks for your thread. It's been a great read. What do you anticipate the updates will cost you (or what have they cost you so far) by project's end?

Congrats, gamer! Nice work.

@Twana Rasoul with 3.5% down, are you mostly seeing househackers? 

I don't intend to live in my first property as I am based in SoCal and don't think I can swing it financially. This is what was driven me to the midwest where I grew up.

Am I alone in feeling like I'm being sold this idea rather than OP being genuinely curious about the community's thoughts? 

Thanks for weighing in, Chris! Yeah, this one just got the gears turning on a tangent because it almost makes it sound like if you buy one subsurface right, you get them all. But I figured that couldn't be the case at all times because, in theory, I'd think some properties would be large enough to facilitate multiple entities.

Hi there,

I came across a section on appurtenances in my RE course and wanted to explore a hypothetical. First, here's an example of subsurface rights as an appurtenance (from the course):

Example
An oil company buys the rights to the oil beneath a piece of property. The oil company now owns the subsurface rights to that property (one of the property's appurtenances) and can transfer or keep them as they wish. Should that property be sold again in the future, the property owner would convey all rights to the buyer EXCEPT the oil rights that were no longer the landowner's to sell. The new buyer would have to honor the pre-existing oil rights of the oil company.

My question is: is it possible to transfer oil rights but not mineral rights? If I gave oil rights to one entity and mineral rights to another, what would happen if both entities discovered their rightful resource in the same place?