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All Forum Posts by: Alan Taylor

Alan Taylor has started 6 posts and replied 33 times.

Would like to interview some title companies in the Northern Virginia area, in hopes of finding one that is familiar with wholesale transactions, and has experience with the process, and knows when to exercise discretion.

What title companies have you worked with?  Any you'd recommend?   Any you would avoid? 

Post: ROI: Hardwood floors, or Luxury Vinyl Plank?

Alan TaylorPosted
  • Wholesaler
  • Manassas, VA
  • Posts 33
  • Votes 32

We bought a house in July of last year.  It was built in 1980, and was in 'fair' condition.  

We bought it for $290k, where most 'similar' homes in the neighborhood (Manassas, 20112)  that have been updated sell for $375k+. 

We've already done some significant rennovations -- and have several more planned (bathrooms, kitchen, deck, garage, etc.) 

One of the questions we have, when it comes to upgrading the flooring from carpet (no hardwood underneath), is ... does solid hardwood appraise for significantly more than LVP?

For installation of 1100 sq feet of hardwood, including stairs and underlayment, we received one quote for $12,000 (without underlayment and without stairs, it was $8,400.  

We've DIY'ed a fair amount already, and I would not be afraid of tackling LVP solo -- we're just wanting to make an educated decision between hardwood, and LVP.  

If, for example, hardwood is 50% more expensive than LVP, but only fetches 10% more than an LVP floor would, in an appraisal, I'm not sure we'd be wiling to fork out for hardwood.  

Does flooring (LVP v. hardwood) make any difference in an appraisal, or when it's on the market?  If so -- how *much* of a difference? 

(Some additional context: We have 3 young kids, and are planning on getting a large dog, and will be living here for at least 5 years while continuing to invest in other properties)

Post: DIY Plumbing for a Bathroom Remodel?

Alan TaylorPosted
  • Wholesaler
  • Manassas, VA
  • Posts 33
  • Votes 32
Update: 

We went ahead with moving the wall -- in a two-phase process.  

We ended up taking the room down to the studs and joists -- replaced the sub-floor and re-framed in a new back wall, and then re-framed in an area for the tub/shower, and had a plumber come in to re-arrange the plumbing/water-supply  (this was the biggest headache), and the air-ducts.  

We are just getting to the point where we are tiling the shower and floor -- and as soon as this bathroom is operational, we'll probably immediately demolish the master suite, and push forward on the second part of the endeavor.  

The biggest thing we have learned, thus far, is the ins and outs of the permitting/inspection process here in this county.

The first inspector we had was... unpleasant. Dinged our plumber for several things -- and the plumber took some of it personal, and wanted to be there in person for the next inspection.  Heckuva thing to be in the middle of, as the home-owner and the person who pulled the permit.  Definitely one of the things we'll be adding to the interview process for hiring any other professionals: "How would you describe your interactions with code inspectors? How do you respond when they fail some of the work that you performed?" 



Post: DIY Plumbing for a Bathroom Remodel?

Alan TaylorPosted
  • Wholesaler
  • Manassas, VA
  • Posts 33
  • Votes 32
Originally posted by @Matt R.:

I don't think you're crazy to DIY this.  Then again, I've never tried to DIY a job this big before.  :)  I am not a professional plumber.

Some considerations:

Are these the only two bathrooms you have in the house?  

Thanks Matt!  That was very helpful!  In this case, we do have one *half* bath (currently not fully operational -- toilet flange needs to be replaced) that we could use, if need be -- if we would definitely have that up and working before we embarked on this big of a change to the plumbing.  Don't want to end up with "nothing to go on"! 

In hopes that this provides some clarification -- we're hoping to do a move like this Sketchup file illustrates: 

Going from this: 

 Changing to something like this: 

These two bathrooms are on the upper floor -- the kitchen is through the wall on the 'bathtub/shower side' of these two bathrooms -- and from what we can tell, has separate drain plumbing for the sink and dishwasher. 

Downstairs the plumbing in the ceiling looks a bit like this:

So, Mark was perceptive to propose 'angling out' from the main soil stack - in this case we'd be cutting it close to impeding some of the headroom in a passage way between different rooms in the basement. Since this is new territory for us, we're trying to make sure we think this through as much as possible before we dive in!  

We're having a professional plumber come by (he's done other work for us at this house) to estimate/bid this project, just to give us an idea of how much it would cost.  

Once this plumbing is re-arranged satisfactorily, we can absolutely take the bathroom the rest of the way to a polished finish! 

Post: DIY Plumbing for a Bathroom Remodel?

Alan TaylorPosted
  • Wholesaler
  • Manassas, VA
  • Posts 33
  • Votes 32

My wife and I bought our first house, as our primary residence, and have planned on doing much of the repair ourselves.  First order of business has been the bathrooms in the house.  Before we even moved in, I had to get the master bathroom shower working (the valve had become 'frozen' by mineral deposits from untreated well water -- neglect from the previous owner).  The bathroom is 'operable'... but we still plan to do a major remodel of it later. 

The second order of business is the 'guest bathroom'. The 'guest' bathroom is actually *larger* than the Master Bathroom at this point.  It has a shower/bath, and *had* a wall-to-wall vanity.  Our original (budget-conscious) plan was to just replace the flooring and bath (badly outdated), and move the vanity to open up a little more space  (the 'bump' out right by the tub used to contain the water-heater for the house). 

At this point, I've demo'd the bathroom, removed the tub/shower, taken out the wall that used to contain the 'water-heater closet', and taken most of the rest of the room down to the studs/subfloor.  (copper piping you see was from original plumbing, which apparently had burst when the house was left vacant over a winter, and was later replaced with PEX). 

As you can probably tell -- this 'guest' bathroom is back-to-back with our master bathroom, and the 'wet-wall' between them contains the connection to the 'main stack' directly below their shared wall.  

Our desire is to move that wall (and plumbing) 18 inches towards where the camera is, to allow a full bath/shower to fit in the master bathroom, and to make it a bit more roomy -- and to make the guest bathroom a little less awkwardly sized/proportioned, but still comfortable/cozy.  

I've got no problems replacing subfloor or framing in walls -- but plumbing is somewhat new to me, and I'm hoping there's a middle-way between completely hiring this out, and potentially screwing it up by trying to come up with my own plan and potentially causing plumbing/drainage problems (here, you can pull your own permit if you are the home-owner occupant).   I definitely want to make sure everything is up to code -- but also don't want to pay a mint to have this done, if I can reasonably contribute my own labor to it.  (before we moved in, we had one plumber quote us a price of $900 to get a bathtub drain fixed -- something a friend of ours and I later DIY-ed for $80 in parts, and 30 minutes of labor.) 

Are we crazy to think this is at least partially DIY-able?  Is it unreasonable to ask a plumber to give us a 'consult' for a few hundred dollars to help guide us through making our own plans, pulling our own permit, and doing our own work? 

Post: Pin hole leaks in copper pipes, mold remediation?

Alan TaylorPosted
  • Wholesaler
  • Manassas, VA
  • Posts 33
  • Votes 32
Originally posted by @Hubert Kim:

This sounds potentially very difficult and messy. I am sorry for your situation. I don't want to tell you should do this or that, but rather point out what you wrote and make some suggestions.

If you have not yet, are you able to verify your kids' health issues as mold-related? Whether yes or no, I would consider your situation an urgent one. I am unable to confirm from your pictures if it is mold or not, but along with your post, it may seem so. Does it smell like mold?

It appears the owner is not doing you or himself any good allowing his property to potentially go to ruin. Water damage to a property can be very costly. It seems this owner may not place high priorities on this property.

I suggest taking this situation very seriously. I am not familiar with the laws in your geographic area and will suggest you familiarize yourself on your city's and state's tenant's rights, specifically landlord obligations of habitability. For example, in California, if an unsafe condition was present due to continued leaking pipes, a tenant's rights could include making repairs and taking it out of rent or even termination of lease.

We have an allergist appointment for one of the kids this morning, and my wife will be bringing up the issue of 'mold', and next steps in case their is mold in our property. 

I also spoke with our landlord this morning... and he honestly sounds overwhelmed at the idea of potential extensive water damage. He said he and his repair-man are going to come over tomorrow to see about a different approach to fixing the pipe with the electrical tape currently on it, and 'spray' the mold in the kitchen (and in the Master Bathroom, another location with 'suspicious looking' spots).    

He also shared that he's not sure whether he's going to list the property for sale, rennovate it, or what course of action to take. 

Given that, my wife and I have decided that our 'Plan A' is to find another place to stay --- and whether that means renting, of finding a place to purchase, we're not sure yet -- but... this is enough of a risk, and the landlord's indecision certainly makes it an iffy proposition, longer-term. 

Thanks, everyone for your input!  If there is more useful information to share back in the next couple of days (mold tests, water fixes, etc), I'll be sure to post it back up here! 

Post: Pin hole leaks in copper pipes, mold remediation?

Alan TaylorPosted
  • Wholesaler
  • Manassas, VA
  • Posts 33
  • Votes 32

TLDR;  We've lived in this rental property for 2 years, and are beginning to suspect there are some issues with mold.  Pin holes leaks in pipes, and persistent respiratory issues for our entire family, make us wonder if it's better just to move on, than try to get the landlord to help investigate/remediate the issue.  What would you do? 

My wife and I are coming up to the end of a two year lease on a property in Northern Virginia -- as we've been here, we've noticed that our kids have had persistent respiratory issues -- particularly our 10 month old son, who we took to the emergency room at 4 months old, with respiratory issues (we didn't think to check for mold at the time).

As we've been in the house, the owner (who regularly cut out the property management company he had been working with), has mentioned that when he lived in the house, he had noticed 'pin hole leaks' in some of the pipes.. and when we pointed out a 1 inch diameter 'soft-spot' in the kitchen ceiling, he chalked it up to that.  There was a significant leak that developed in the basement laundry room -- he initially blamed us, but later, discovered it was another 'pin-hole leak' from a copper pipe (which filled up a 5 gallon bucket I placed under it, in about a day).  

Just last week, we notice that the 'soft-spot' had doubled in size -- and when the repair-man came out to "repair" it (by putting electrical tape around the pipe?? -- the water was beading up through the tape even just an hour after the repairman left), we got a good look at the rest of the space around the pipes... and saw the images that I'm attaching below -- at least two more *visible* 'pinhole leaks' on the copper pipes above the kitchen ceiling, and some wet spots, along with what looks like a dark colored mold/mildew.  



My wife and I are a little concerned that the 'pin-hole leak' problem is going to persist, and may already be more widespread than we know... and the relatively relaxed posture our land-lord has maintained is additionally worrisome.  

If you were thinking about purchasing a house like this, and your inspection uncovered these issues, how would you account for it in your offer?  Would you stay away from the property?  What course of action would you take?  

If you had tenants in the property when this came to your attention, how would you go about working it out?  

We've sent these pictures over to our landlord, and explained some of our concerns, and asked to meet with him to discuss how he planned to protect his investment in the home, and what that would look like for us, should we mutually agree to extend the lease for another 12 months.  He's been fairly responsive on a few matters (removed a tree with several dead limbs hanging over the yard and house), but I'm a little worried that he's not sure how to handle mold and/or problems with pin-hole leaks in copper plumbing. 

Some other potentially helpful context data points:  when we first moved in, there was a German cockroach infestation behind/under the fridge.   We used gel baits, IGR (insect growth regulators), diatomaceous earth, and boric acid to get rid of them -- haven't seen any more of them in more than a year -- not sure how long they had been there.  Landlord promised to re-imburse us for the costs, since we both agreed the problem pre-dated our moving in -- but no reimbursement ever came.  Whenever we have reported an issue to the property management company that he used, he would cut them out of the conversation, and insist on using his own handyman, etc.  As of this past week, he gave that property management company notice that he would not be using their services after the termination of this lease.  

We want to help him keep his property in good shape, but are a little worried that there are serious health risks involved for our family if we stick around, without some serious efforts at remediation.  

Post: Good REIA in Northern VA?

Alan TaylorPosted
  • Wholesaler
  • Manassas, VA
  • Posts 33
  • Votes 32

For anyone who is wondering if CAZA still exists, the answer is YES!  They re-branded as GRID:

https://www.meetup.com/grid-reston/

From their site on Meetup: 

Grid (formerly known as CAZA Investor Network) started in 2007 with less than 10 people and has since grown to over 10,000 members in 12+ locations in 3 states.


We believe the networking, education and inspiration you need to become a real estate investing pro is best found at the local level – which means that you need local knowledge, local contacts and local resources to help you grow.

Grid represents who we are (a power network) and what we do:

G: grow (your database)

R: return (on relationships)

I: invest (in people and assets)

D: develop (leadership and expertise)

Each Chapter is run by active and experienced real estate entrepreneurs who are doing deals in their area and who have joined Grid to share their stories, facilitate conversations, nurture relationships, and create more business opportunities for everyone in the room.

We welcome real estate entrepreneurs of all experience levels to join us in the endeavor to build and expand your reach, knowledge-base, business, and potential.

See you out there!

Grid Reston

Rob and Mark

Post: WHO ARE YOU? What do you do besides real estate?

Alan TaylorPosted
  • Wholesaler
  • Manassas, VA
  • Posts 33
  • Votes 32

I am a cartographer -- I make maps.  I do enjoy it -- but would love to spend more time at home with family, which is not currently possible.   I have not purchase a property yet -- I'm working on getting my real estate license (half-way through the pre-licensing course right now) -- and will be debt-free in a year. 

Post: Getting Started in Herndon, VA

Alan TaylorPosted
  • Wholesaler
  • Manassas, VA
  • Posts 33
  • Votes 32

Thanks @Andrew Syrios