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NotCranky
ParticipantI don’t think admin is concerned about reasonable networking. In any case he has had plenty of opportunity to weigh in on it.Perhaps we should ask what he is comfortable with? Some people post links to their blogs which have links to web pages on the right hand side of Rich’s Forums page below active topics.
If you would like to repond to my question the anonymous version of my e-mail is [email protected]. No hurry.There is no eminent deal to close. I don’t get really worked up about timing the rates this point. I am not touching equity until I feel a hell of a lot better about this mess we discuss here at piggington’s. I am looking at buying detached SFR rentals when we can pencil them out or close to it, with 10-20% down and some sweat equity. I am the procurring agent and contractor. I have heard about a 90-10 program and thought it might be a way to stretch capital into more houses.
EDIT: Sorry HLS I was posting to you when your response came up. I did mean 90-10 . Pacifictrust Bank is one group that is doing it. Maybe it is only available in the community banks? I am assuming you originate loans, if you want to go ahead and email I will have your contact info.
Best wishesParticipantYou are wlecome.
How many square feet, each, of Lawn and patio. This doesn’t include shade structure?If it soes how large? BTW I don’t do or bid these jobs on a regular basis. Make sure all perimeter patio stones are laid in a mortar bed or the thing will slip apart. They should also have a bed of a few inches of sand before they get put down, if I understand what you are trying to do.ParticipantYou are wlecome.
How many square feet, each, of Lawn and patio. This doesn’t include shade structure?If it soes how large? BTW I don’t do or bid these jobs on a regular basis. Make sure all perimeter patio stones are laid in a mortar bed or the thing will slip apart. They should also have a bed of a few inches of sand before they get put down, if I understand what you are trying to do.ParticipantI’ll assume that you are sorry for your part too ;).
ParticipantI’ll assume that you are sorry for your part too ;).
Participantsdr’s suggetion is a good way to handle it too.
About the plumbing and electrical. Circuits are designed below capacity so it is safe to add a few lights and sprinklers. There should be an exterior outlet by the back door. This can be extended with a waterproof box and tapped with counduit which will go under ground to where it is needed. Similiarly the water pipe spiggot in the back yard can be removed and extended with a “Tee” sending a water line under ground to where you want to locate the sprinker control solenoids.IMO a split system of irrigation is better. If you have one timer for both the front and back yard you have to run a solenoid control wires to each is all.Participantsdr’s suggetion is a good way to handle it too.
About the plumbing and electrical. Circuits are designed below capacity so it is safe to add a few lights and sprinklers. There should be an exterior outlet by the back door. This can be extended with a waterproof box and tapped with counduit which will go under ground to where it is needed. Similiarly the water pipe spiggot in the back yard can be removed and extended with a “Tee” sending a water line under ground to where you want to locate the sprinker control solenoids.IMO a split system of irrigation is better. If you have one timer for both the front and back yard you have to run a solenoid control wires to each is all.ParticipantHe should just get bids Alex. Even if he is in escrow he can get people out there. The tough part is how to delegate the jobs,all at once,or hire individual trades to put it together. What you could start with are bids from contractors that do both the landscape and the hardscape. They could also do the shade cover. Tell them to bring pictures and referals.Even if your BIL decides to piece out the work or do portions of it himself this would be a good start. Word to the wise, prices are all over the place so get several bids. You might go to the local nusery(not home depot)and ask for a couple of referals.
ParticipantHe should just get bids Alex. Even if he is in escrow he can get people out there. The tough part is how to delegate the jobs,all at once,or hire individual trades to put it together. What you could start with are bids from contractors that do both the landscape and the hardscape. They could also do the shade cover. Tell them to bring pictures and referals.Even if your BIL decides to piece out the work or do portions of it himself this would be a good start. Word to the wise, prices are all over the place so get several bids. You might go to the local nusery(not home depot)and ask for a couple of referals.
ParticipantYes buying a home is a big deal. Doing remodels I see that many people bond with any range of house & property. It is easy to understand the high end owners loving their houses and being really particular. I see people bond to really deep levels with houses that on a purely structural basis are shacks. Having the homebody personality myself I think I would do the same thing. Of course neighborhood character affects us profoundly too in very personal ways.
As far as you me and SDR goes,clearly we have different strengths with some crossover of course. I have definately gleened some good stuff from your posts as well as Adam’s.
In fact if I go beyond my “dabbler” status one day you and he(and many other posters on this blog) will get much credit for any success I might have.Either way I am going to be better at what I do because of all of you. Sorry we got off to such a rough start.
Best wishes,
RusticoParticipantYes buying a home is a big deal. Doing remodels I see that many people bond with any range of house & property. It is easy to understand the high end owners loving their houses and being really particular. I see people bond to really deep levels with houses that on a purely structural basis are shacks. Having the homebody personality myself I think I would do the same thing. Of course neighborhood character affects us profoundly too in very personal ways.
As far as you me and SDR goes,clearly we have different strengths with some crossover of course. I have definately gleened some good stuff from your posts as well as Adam’s.
In fact if I go beyond my “dabbler” status one day you and he(and many other posters on this blog) will get much credit for any success I might have.Either way I am going to be better at what I do because of all of you. Sorry we got off to such a rough start.
Best wishes,
RusticoParticipantHello HLS,
Do you mind giving the break down on the 90-10 investor programs for SFR rentals? Is PMI required. Are fixers allowed? What do you think about the programs? If you have time.
Thanks.ParticipantHello HLS,
Do you mind giving the break down on the 90-10 investor programs for SFR rentals? Is PMI required. Are fixers allowed? What do you think about the programs? If you have time.
Thanks.ParticipantRustico, how easy is it to add a bathroom in the garage? I assume the sewage drains are all in the garage. I noticed that many model home developments have restrooms in the garage accessible through a side door. When they sell the model house, they remove the restroom.
Perry,
I did the plumbing and foundation for a new house a few years back and we put a toilet shower and utility sink in a bathroom in one corner of the garage for the Husband of the family I was working for. Of course in new ocnstruction with permits it is easy. I don’t know if every and all building depts. allow it. This was on a part of Mt. Helix that is County controlled. In a remodel with or with out permits it could be easy or next to impossible depending on the lay of the land and the altitude of the plumbing relative to the garage. There are pumps that make just about anything possible.Other Topic.
I was studying RE law last nignt and found that unless it is is in the rental/lease contract to the contrary the landlord has fair access to show the house to prospective or actual buyers. Fair is usually 24hrs. notice. Of course if the tenant is hostile that won’t work too well. -
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