All Forum Posts by: Karen Margrave

If it had a refrigerator when they rented it, then yes, you are responsible for supplying the refrigerator. You should have a bill of sale showing you purchased it, therefore; if they took it, it would be theft. 

April 15th THE DAY the stimulus money is set to begin hitting accounts. Did you get yours?  

@Dave Meyer In clicking the link I get an error message: 

If the problem continues, contact the site owner.

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I have Windows 10 using Chrome

@George Griffeth No i do not have a crew in O.C. I do however have a son in law that is an electrical contractor, and know subs, etc. down there. 

@George Griffeth  A lot of times on BP you see people posting looking for "investor friendly contractor or realtor"  and it's usually code for wanting someone that they can use to do a lot of work, and get nothing in return, so be wary. P.S. we did some project in Orange County a few years ago.

I can tell you right now, you're over thinking this. Theory and reality are completely different things. What work have you already done in Los Angeles? What types of jobs, SFR, MFR, etc.? What areas of the city? Remodeling, new construction, repairs (Section 1)? Work in a discipline you're good at and know to start with, do a good job, and the work will find you. Get out to some of the REI meetups and start getting to know people. If you want to do smaller jobs like repairs, get to know agents, pest control people, etc. Forget trying to find out of area investors that are in your market, it's like looking for grains of sand on the beach, a complete waste of time, and more work to deal with.

On GC first off, you need to learn to be good at administrative stuff, or find someone that is. Also, we are required by law to give written contracts. It's important to know what is necessary for a contract, understand lien laws, etc., what insurance is needed; and pay attention to everything that is going on on your jobs. There are huge liabilities that come with being licensed, and you need to understand them. Make it important to do a good job. Communication is THE biggest thing. Do what you say and say what you mean. If there are delays due to subs, etc. tell your clients. Understand that the market in southern CA is extremely competitive, and finding good subs is critical. Check licensing and bonds (on CLB site). Look at their work.  The foundation you set up will help you more than anything else. Make sure you give accurate bids based on real costs, don't guess. Have a good accounting system. RELATIONSHIPS are the most important thing in construction and real estate. Always remember "measure twice, cut once" 

Good luck on your test! 

Cars get you from point A to point B and unless it's a classic and rare, it's not going to appreciate. Nobody is going to make the payment for you if you fall on hard times. Homes on the other hand are investments, and should something unforeseen happen to your income, you can rent it out to cover your payments. 

A. Have you? Maybe it wasn't them that did it, then their answer was correct.

B & C.  To your knowledge < If they didn't know about the alterations, they answered truthfully. 

You can chase these rabbits for as long as you wish. In CA getting into court with someone that wants to fight it will cost nothing short of $50,000 and that would be very lucky. 

QUESTION:  What were your actual "provable" damages? 

If you like to spin your wheels and waste your money, you can go after the seller, otherwise, be happy it's finished now and move on. Did anyone ask if it was permitted? Did they represent that it was? Do you have proof they knew it was unpermitted? Is it really worth it? 

@Jonathan Taylor Great thread, one of the most popular topics on BP. You might want to update your profile to include DRE# so as not to get fined, and identifies you as an expert in the field.