All Forum Posts by: Karen Margrave

In areas where sewer isn't available, septic systems are used. Is there sewer lines in the road and the property just hasn't hooked up yet, or is septic the only option for the properties in the area? If you buy a property with a septic tank and leach field, get a septic inspection, the same as any other inspection. The seller should pay for the pumping and report, and then you'll know the condition of the tank. As for the leach field, there are ways they can detect those, by doing a radio controlled device flushed down the toilet and following it to see where it goes, etc. Talk to an experienced agent in the area and they can guide you. 

Ask @Will Barnard he's the resident authority on those types of properties in southern CA. 

I have never purchased an assignment. What is different about an assignment that the title companies wouldn't want to deal with them? What is the process of an assignment? 

Is there possibly an alley behind the ADU for access? If not, I would definitely fence off the ADU so that the main house has more privacy.

This is one of those, you don't know what you don't know. Inexperienced investors, especially those that aren't builders, should probably stay away from fire damaged homes. There are several questions that need to be addressed, Was it a total loss, or smoke damage? Location? What year was the home built? (may make a difference in demo costs, could require materials to be trucked to a hazard waste site, also other remediation could be needed)  Is it on public utilities or on septic and well? (They are often damaged too) What is the cost for demo, then reconstruction (get actual bids) In regard to permit fees, many areas give credit back on fees for burned homes, ask if yours does. 

I live in Shasta County, where we have had a lot of homes destroyed by fires. Personally I wouldn't want to do one of those jobs, too many unknowns. 

Cara is correct. The market is very tight right now, and the tenant finding a place to move to could factor into them moving, therefore; to be sure you are going to have a unit for yourself, you are better off asking for the unit to be vacant at COE.

HOME AND ADU IN REDDING, CA. MUST SEE!! Perfect location for marketing to traveling medical professionals. Situated in an upscale neighborhood with high demand. Spectacular views of the western mountains. Upstairs features 3 spacious bedrooms, 2 Bathrooms, Den, Living room, Open concept Great room/kitchen beautiful peninsula. Lots of decking. Take the stairs off the upstairs deck, or meander down the walkway on the side of the house to the Downstairs ADU/in law unit, which is impeccable that has the same incredible views of the mountains. Back of house looks out to open space, so nobody to peer in! Asking $587,500. (All furnishings are negotiable) Sellers have purchased property in Tennessee and NEED TO SELL!

Redding, CA is in the real northern California, surrounded by lakes, the Sacramento River, Burney Falls, Shasta Caverns and 2 Volcanoes, Shasta and Lassen. Hundreds of miles of biking and hiking trails. 

Redding, CA, Short Term Rental, STR, Long term rental,

For information on this or any other properties in Shasta County, please contact me! TEXT ME FOR VIDEO

Karen Margrave

REAL- AMERICAN REAL ESTATE

DRE: 00848454

CALL/TEXT: (530) 782-1800

On things like this, the best bet is to contact a local real estate agent and ask for recommendations. Finding someone on BP for something time sensitive is a crap shoot. 

Be sure when comparing bids, you are comparing apples to apples. Type of cabinetry, countertops, fixtures, etc. Do you want basic, or upscale. Specify materials for bids. Check licenses, and references! Good luck. 

Aside from the costs of the loan, what is your experience? Even as a licensed general contractor, with years of experience in new construction, I can tell you that when doing a remodel a few years back, we ran into issues that ended up costing much more than we had anticipated, that were problems not visible upon inspections. 

Unless you are an experienced rehabber, I'd say be cautious. Especially in these times of rising costs of fuel, materials, and labor.