Fort Wayne’s premier real estate investing club for those who want to network & learn from top named expert speakers and educators, and make money in real estate. Gain access to the tremendous resources, deal makers and our Billion Dollar Rolodex. Beginning and experienced investors. Meet fellow Real Estate Investors & gain knowledge from expert speakers! Join local Real Estate Investors to discuss properties on the market, contracts, mortgages and anything else about land and realty. Dress is casual. All are welcome. Check website for exact time & location www.NIREA.org Meeting Agenda: 3rd Saturday of each month 10:15 am Welcome/ Vendor Introductions Industry Updates/ General Info Deal of the Month Buy-Sell-Trade Forum 10:30 am Main Presentation/Featured Speaker with Q & A to follow. See website for meeting info www.NIREA.org real estate investment, how to invest in real estate, real estate investing, real estate articles, real estate clubs, creative real estate, real estate investor group, real estate group, real estate association, real estate investing club, real estate investors group, real estate investor
Lead Base Paint Disclosure
By Ralph Marcus (Mark) Maupin, Jr.
What can happen when you don’t get a signed lead base paint disclosure? We purchased a 2-unit apartment building about a year and half ago from a seller who was being sued by his tenant for lead base paint problems. He had no knowledge of lead base paint. When we resold the property a short time later, we disclosed the same, as we had no knowledge of the lawsuit of the problem. Since we had disclosures signed by the seller, we avoided a lawsuit from our buyer. Take the time to get lead base disclosures on every sale. Have the seller fill them out. We have forms you can use in our free forms section.
The comments in Mark’s Corner are shared personal experiences. They are not intended to be legal or accounting advice nor solutions. You should always consult with the appropriate professional when making decisions.
Disclaimer
Real estate investing by nature is risky. You can win, lose, or break even. We cannot guarantee a profit or loss. We do not provide legal, accounting, or contracting advice.
Ralph Marcus Maupin (Mark) is a real estate developer and college instructor in the Metro-Detroit area. He is also the founder of the National Real Estate Network, Michigan’s Best REIA (Real Estate Investors’ Association). Mark’s secret to success is to surround yourself by others who are successful and to model your program after them. To learn more about the real estate club and to find out about upcoming seminars and workshops visit http://www.megaeveningevent.com