George Schneider – Devalued Lorain???

May 27, 2014 at 3:20 pm 12 comments

Schneider George 011813The Chronicle Telegram
http://chronicle.northcoastnow.com/2012/08/26/dilapidated-house-disgusts-frustrates-neighbors/ by Lisa Roberson

Schneider, public records say, wants the city to give him more time to make repairs.
Schneider’s first step in making the request came in the form of an appeal to the Board of Building Standards within weeks of city officials tacking a condemnation notice on the front door.
In a response filed by Schneider’s attorney Brent English that aimed to address the 44 violations the city Building Department put forth as proof the building needed to be condemned, English said Schneider “would not to just sit by and let his house go.”
“We are determined to ensure this will not happen,” he wrote in the seven-page letter to city officials, which was dated June 27.

has Georgy featured yet again as
last week the City of Elyria came to an agreement with George and his attorney Brett English ( remember them????? https://thatwoman.wordpress.com/2012/09/17/george-schneider-the-legal-arguments-give-it-some-english/

http://chronicle.northcoastnow.com/2014/05/22/elyria-property-owner-reach-agreement/
Lisa Roberson

ELYRIA — The city Law Department has settled a long legal battle with businessman and property owner George Schneider
He’s the reason why Elyria decided it needed to create a Demolition Board of Appeals. He’s the landlord tagged with having received the most code violations from the city of Lorain’s Nuisance Inspection Task Force in its first year. County auditor records from 2013 peg him as the owner of 169 properties countywide.
With the settlement Schneider agrees to make needed repairs to eight Elyria homes and, in exchange, the city will halt its actions to legally force their demolition. Law Director Scott Serazin said the agreement gives the city four important things.
“Work will start immediately. He must use licensed tradespeople. We can get into any of the properties with a 48-hour notice, and we don’t have to send certified mail to multiple addresses to prove service,” Serazin said. “For Schneider, the money he would spend on legal fees and litigation can now be put into his properties.”
The agreement does not stop the city from going after other properties owned by Schneider if enforcement action is needed.

Actually, George has many more than the 169 under his own name as of last year ( and we do know figures have changed since then )

PROPERTY OWNERS AND NUMBER OF PROPERTIES OWNED

GEORGE SCHNEIDER = (Under his own name) = 164
Also
G AND S PROPERTIES = (INCLUDING Jay Metals 1965 E 28th) 3

Also a
GNS PROPERTIES = 1
GEORGE (misspelled ) SCHNEIDER= 6
Also affiliated with
reds
REDS ALL AMERICAN RECYCLING = ( David Carter) = 52
DAVID CARTER= 12

Also affiliated with

FGSK PROPERTIES (inc Gustav AND Anna Krause) = 19
GUSTAV KRAUSE = 12
ANNA KRAUSE = 6
TOTAL PROPERTIES FOR THIS GROUPING = 275

https://thatwoman.wordpress.com/2013/07/05/the-nuisance-and-point-of-sale-ordinance-lorain/

In fact, George lost a duplex over the weekend this one

1783 30th
1783 E 30th

George, again was featured in the Chronicle article just 5 days later by Evan Goodenow

http://chronicle.northcoastnow.com/2014/05/27/back-back-fires-keep-crews-busy/

The second fire was called in at 11:50 p.m. at a vacant two-story wood-frame duplex at 1781-1783 E. 30th St., between Clinton and Pearl avenues. Firefighters still were at Douglas Court, so Livchak said Amherst, Elyria and Sheffield Township firefighters assisted.

Firefighters found heavy fire coming from the rear of 1783 E. 30th and extinguished the fire at 1:29 a.m. Livchak said the blaze was an arson and caused about $30,000 in structural damage. Livchak said an arson also occurred at 1783 E. 30th in September.
The property is owned by landlord George Schneider, according to the Lorain County Auditor’s website. Schneider had the most code violations cited by the Lorain’s Department of Building, Housing and Planning in 2012-13

Well don’t feel too badly for George – Georgy isn’t out of pocket by much as one of the enablers( in my humble opinion) to his property habit – Deutsche Bank only charged him $5,500 ( devaluing the property from the year previously when they were grantor by $44,500-George apparently got a deal because just two years prior to his purchase of $5,500 it sold for $70,000 so discounted 64,500 in two years- Not too shabby George !

It cost the City of Lorain Fire Department, in time, machinery, personnel and danger to life and limb, not to mention putting other properties at risk a great deal more than your purchase price a couple of times over -I am sure -to respond to the number of your “property” fires.

One has to ask after the first fire was anything done to secure that property after previous fires

http://www.morningjournal.com/general-news/20140526/lorain-fire-department-battles-back-to-back-house-fires-late-may-25

by Rick Payerchin

In August 2013 firefighters went to the same home for a kitchen fire in the 1783 side of the building, Livchak said.
A month later, the 1781 side was occupied and there was a suspicious fire in the 1783 side, he said. It appeared the home might have been vacant since then because of damage from the second fire.
The building had an estimated value of $30,000 and was considered a total loss, Livchak said. The fire department called for a demolition crew to knock down the remaining structure

Oh George! do you have insurance because if you do it seems you have made a profit – $5,500 purchase and loss $30,000 .

conveyance 1783

https://thatwoman.wordpress.com/2013/07/09/the-pos-and-nuisance-ordinance-a-lesson-in-history/

George and Deutsche Bank had more dealings on E 30th Street with George in 2007

1624
1624 E 30th – $8,990

1628
1628 E 30th – $7,500.
1632
1632 E 30th – $14,500

1730
At least Deutsche Bank wasn’t involved in this property devaluation on 1730 E 30th going from a high in 2004 of $85,000 to the sale price for George in 2010 of a mere $6,500

conveyance 1730

So there we have the story continues and Lorain devalues……and smoke gets in your eyes……..
https://thatwoman.wordpress.com/2012/07/08/for-rent-one-city-who-dictates-the-health-of-your-neighborhood/

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Entry filed under: a Cow -elle opinion, city of lorain, commentary, Lorain Multi Property Owners. Tags: , , , , , , , , .

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12 Comments Add your own

  • 1. Rich  |  May 27, 2014 at 3:56 pm

    Wow! How can I increase the value of mine when 2doors down transfers for$13k and. Next door bank wants $29,900? It’s a hopeless. Cause. Anyone we can get our $$ from ?

  • 2. Loraine Ritchey  |  May 27, 2014 at 4:12 pm

    maybe since most of the devaluing in this neighborhood has been through First Federal of Lorain we should ask their opinion

  • 3. Tammy Ramirez  |  May 27, 2014 at 5:41 pm

    If we assume say $400.00 per unit owned per month for rent times 12 months 275x$400.x12= 1,320,000.00. Now, this assumes all are rented and producing income and an average of $400.00 per month. So if not all are rented we are looking at 1,150,000.00 per year. He’s been doing this for at least 20 years, if not longer! So, best case is $26,400,000.00 over twenty years. When this man limps into council, looking like a shabby, over-worked old man, we need to keep in mind he is a millionaire 26 times over!!!!! He has the money to get the work done, his lawyer knows he does and it doesn’t take an accountant to do these numbers. There should be no second chances for this fellow, he needs more pressure to get him to do business like the rest of us. For restaurants, we are visited by the health department twice a year, the fire department once a year, the city once a year and so on….etc.!!!! And, to make matters worse, where are most of the sex offenders in Lorain living? In his houses!!!

  • 4. Loraine Ritchey  |  May 27, 2014 at 6:07 pm

    What angers me is the fact also that businesses along Broadway who are trying their best have to put up with Josh’s place and that eyesore…. this is morally criminal …..

  • 5. aka mozart  |  May 27, 2014 at 9:05 pm

    outrageous…pathetic…scum….I still believe a hot shot attorney can find all the loopholes…and hold him to task…maybe the city can invest in a realestate lawyer of such…just thinking out loud…if the city cant get him to follow ..how wil the city ever clean up lorain…I think it starts with him and ken Sutton…maybe we need to plan a George schnieder rally out in front of one of his very very best houses….REALLY!…START MAKING SIGNS…(other than the middle finger)…:)

  • 6. aka mozart  |  May 27, 2014 at 9:13 pm

    well…I know what I wrote about a lawyer is nuts…the banks are just as responsible. ugh…and good f’in grief…I think I am going to call channel 19..and forward your post Loraine!

  • 7. geepa  |  May 27, 2014 at 11:51 pm

    There are more than a few buildings along Broadway that are used for storage. Not sure on zoning but I would think Broadway would be for retail and offices not warehousing. I have always felt that there would come a time when we would reach the breaking point, We may be close with people unable to get value out of their homes. It is happening in all parts of this city. I just saw a camper in the parking lot of those apartments on Tower cooking ribs and selling them. A block away from what used to be one of the finer neighborhoods in this city, Those homes south of Tower by Lorain Catholic.

  • 8. Rich  |  May 27, 2014 at 11:59 pm

    We as citizens should NOT accept this ‘carefree attitude’ by our leaders -from councilmen through the. Mayors office. We pay the taxes, we. Pay their salaries. Stores are moving in everywhere else BUT downtown ….why? Don’t tell me NO shoppers, we ALL go elsewhere!

  • 9. Loraine Ritchey  |  May 28, 2014 at 3:48 pm

    have to agree I think we are at the breaking point- if I had my way I would investigate all the banks, mortgage holders that have “devalued” Lorain- if you look just at the above post Deutsche Bank was dumping a year before the sub prime mess exploded ion 2008…… there needs to be some investigative journalism on this how many properties in Lorain were dumped. by whom and when.. and how much real-estate values have fallen because of the practice.

  • 10. Dennis Flores  |  July 16, 2014 at 11:19 am

    There should be no deals for George, you go straight to jail for a year for each violation. Ah but then you have a housing court limbo with no address….

  • 11. thatwoman  |  July 16, 2014 at 11:51 am

    These mega landlords are determining the health of our neighborhoods

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