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This event is for commercial real estate professionals and investors in Southern California to learn more about the market, professional technique, and to meet other allied professionals and investors.
Place: Main Conference Room
Fidelity Bancorp Funding
600 City Parkway West Suite 200
Orange, CA 92868
Networking, special Valentine cake and coffee, personal introductions, educational moments
Speaker: Ramón Gálvez-Arango, Architect, LEED AP
Topic: Impacts of Unpermitted Building Improvements and Ways to Deal With It.
In keeping with Earl’s favorite theme of gaining wisdom through harrowing horror stories, Ramón will speak about how some property owners and tenants construct “improvements” or make material changes without pulling Permits. Building Permits add costs, but constructing without Permits can be far more expensive. So, why not save money?
Un-permitted construction can impact a property sale or financing. Ramón will present examples of when un-permitted construction became an issue that he was asked to remedy. It will become apparent that not pulling permits and building to Code is penny wise, but pounds foolish for the property owner and any licensed contractor who does the work.
These examples can be helpful to the real estate professional in choosing whether or not to get involved with a particular property or sponsor. They can also be useful in delivering a meaty warning to a client contemplating constructing or materially improving without pulling permits and complying with building codes. It can save a deal!
Come, and bring another commercial real estate professional!
HOW CAN I CONTRIBUTE:
> Plan to come, and to bring an additional commercial real estate professional.