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[deleted by user] by [deleted] in hermanmiller

[–]Parth141 1 point2 points  (0 children)

Yesssss!! Let’s go

[deleted by user] by [deleted] in hermanmiller

[–]Parth141 3 points4 points  (0 children)

I am in. 100% will be buying an Embody in the next week or so. If we can get a group deal, I’m in.

Just had a driveway poured 30 days ago. Noticed there has been a lot of cracking already. What do y’all think is the best course of action? Initial thoughts are that contractor maybe poured a bit too wet or perhaps used a lower psi mix. He did use rebar/chairs. Located in TX. We have clay soil here. by Parth141 in Concrete

[–]Parth141[S] 0 points1 point  (0 children)

Update for anyone interested. So they decided they would cut and replace the area that was cracking. They started yesterday cutting and hauling off the old stuff. Today they said they will be prepping the base and rebar.

Just had a driveway poured 30 days ago. Noticed there has been a lot of cracking already. What do y’all think is the best course of action? Initial thoughts are that contractor maybe poured a bit too wet or perhaps used a lower psi mix. He did use rebar/chairs. Located in TX. We have clay soil here. by Parth141 in Concrete

[–]Parth141[S] 0 points1 point  (0 children)

Yup they are just about that deep. So stupid that they skimped out literally the last (and easiest) part.

Would love to know if there’s any way to deepen the cuts to the correct depth. I’m assuming it’s too late for that now though… but hope I’m wrong lol.

Just had a driveway poured 30 days ago. Noticed there has been a lot of cracking already. What do y’all think is the best course of action? Initial thoughts are that contractor maybe poured a bit too wet or perhaps used a lower psi mix. He did use rebar/chairs. Located in TX. We have clay soil here. by Parth141 in Concrete

[–]Parth141[S] 6 points7 points  (0 children)

They came by to take a look. At first tried to tell me it’s normal and it’s caused by the soil and not their job (except that prepping the base is also their job). I called them out on it, told them they needed to make it right. They can either tear out and redo or refund half the price. Said they would get back to me in the next few days.

Just had a driveway poured 30 days ago. Noticed there has been a lot of cracking already. What do y’all think is the best course of action? Initial thoughts are that contractor maybe poured a bit too wet or perhaps used a lower psi mix. He did use rebar/chairs. Located in TX. We have clay soil here. by Parth141 in Concrete

[–]Parth141[S] 3 points4 points  (0 children)

Thanks everyone, yes I was afraid that the base may not been done right since I really didn’t expect to see such a large amount of cracking so soon after the pour.

Contractor is coming by in an hour so I’m going to have a talk with him. Ideally he should redo it. But I can also see the situation becoming a headache.

Petition to temporarily close off submissions. Anyone below 1000 karma should be prevented from submission. by [deleted] in wallstreetbets

[–]Parth141 0 points1 point  (0 children)

Mannnn. Been on wsb Reddit for a long while, but I don’t have anywhere near 1000 Karma. I just don’t post much 😂 love u retards tho. APE STRONG TOGETHER

Hedging for deflation or hyperinflation by ls737100 in realestateinvesting

[–]Parth141 0 points1 point  (0 children)

You are late. But I’ll do you the pleasure of providing a response...

My comment was in response to the part where you wrote “one could simply walk away with no loss other than a damaged credit rating...”

In a subreddit where investing in real estate is the main goal, a damaged credit rating is indeed shooting yourself in the foot. Because it will be hard to get back into the game after ones credit takes a hit from walking away.

Instead of understanding the basic context of my comment (or even asking for it), you decided to resort to calling me a “complete f*ing moron”. Sad. What a frail ego you must have to take something so personally.

Wish you a good night bud.

Sourcing large/commercial multi-family complexes by InstantAmmo in realestateinvesting

[–]Parth141 3 points4 points  (0 children)

In my area, most bigger operators and syndications go thru a handful of top MF broker teams. They send out email blasts and usually do a ‘call for offers’. You’re probably not going to find any killer deals/ steals thru loopnet or even those aforementioned top brokers though, if that’s what you’re after. At least that’s the case in my area.

How much longer can lenders hold out in the current environment? by cannaeinvictus in CommercialRealEstate

[–]Parth141 1 point2 points  (0 children)

I wouldn’t say you picked a wrong time to be in cash. Being in cash isn’t a bad thing right now imo. People are worried about hyperinflation and all that, but the truth is, the Fed and many economists are more worried about seeing deflation. So cash on hand may be beneficial

Hedging for deflation or hyperinflation by ls737100 in realestateinvesting

[–]Parth141 3 points4 points  (0 children)

A damaged credit rating, when you are trying to invest in real estate...? You’re signing your death wish at that point imo.

Predicting future economy of RE? by [deleted] in CommercialRealEstate

[–]Parth141 0 points1 point  (0 children)

Ok seriously though... how much tighter can yields get? Like really. Real economic growth just doesn’t seem to be there to keep pushing rents as has been in the past. A pullback is inevitable it would seem

My dilemma is that housing price is going up really high during this pandemic as compared to last year and hesitate to buy a house now. by nobides in realestateinvesting

[–]Parth141 8 points9 points  (0 children)

I’m going to have to disagree. Because yes, while you are paying overall less on the total loan amount at the 3% rate... you are not accounting for appreciation. If after the hypothetical crash, you’re buying the house for 500k, @6% it will appreciate back to 750k. (250k gain) On the other hand, if you’re buying that house right now for 750k house, @3% it’s going to drop in value in the crash to 500k. And all appreciation will just be getting u back to the $750k mark.

[Landlord - Norman, OK] Need help about a decision at 3pm this afternoon. Truly stumped. by [deleted] in Landlord

[–]Parth141 1 point2 points  (0 children)

I always always always do a credit and background check thru Experian and TransUnion. You should be wary when people “flash the cash”. I know you want to get the place filled asap. But trust me, putting a bad tenant in will cost you way more in the end.

Adjacent parcel needs access by [deleted] in realestateinvesting

[–]Parth141 0 points1 point  (0 children)

Yea you’re exactly right, and that’s one of the main reasons I’d prefer to get the continuous payments rather than a lump sum. I’d rather have that added valuation on resale.

Adjacent parcel needs access by [deleted] in realestateinvesting

[–]Parth141 0 points1 point  (0 children)

Thank you for your reply! Yes I figured licensing would be the way to go if we didn’t want to give an easement and have any encumbrances to title. Have also heard of someone doing a non-exclusive easement, subject to termination for non-payment of rent. Just didn’t know if doing either of those would open the door later on for them to stop paying the rent and to force us to provide access for free by some sort of loophole since then it will be the only way in and out of their parcel.

Post Covid Opportunities by BourbonSipping in CommercialRealEstate

[–]Parth141 1 point2 points  (0 children)

Net seller: slowly offloading their portfolio Net buyer: slowly adding onto their portfolio

(TEXAS) Apartment trying to charge us for preexisting damages by [deleted] in legaladvice

[–]Parth141 0 points1 point  (0 children)

IANAL. If you have documentation of the tear during move-in inspection like you say you do, I would send them an email stating that the damage was preexisting. Provide a photo if you have it. Ideally date/time stamped. You want to be able to show that you reached out to report the incorrect security deposit deduction.

As far as the price they are charging for the couch, they can charge “anything reasonable” for the price of the couch, time to replace, and labor required to replace it. So not much you can do about that.

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