All Forum Posts by: Andy Hudgins

Just met an old-timer, seller of a rental in a neighborhood I'm wringing my hands over. He wore old jeans, denim shirt, and work boots.  He drove up in a 20 year old pickup with bad fading paint that hummed like a sewing machine.  As we talked, and MAN he was a talker, I learned he owned 50-ish buy-&-holds, and was worth lots of millions.  PLUS --- he was very eager to hand out loads of investing advice.  Very nice guy.

Hi Jason. I just stumbled across this one-year-old post.  If I can be of any help in the future don't hesitate to let me know.  I'm an investor in Covington and the surrounding towns. I would be happy to send photos, meet inspectors, drive neighborhoods, etc. 

All the best!

Greetings all! I am having great difficulty with the layout of a mill town, old cottage (1910).  It's just four odd rooms with NO FLOW and doors everywhere. 

Very small, 2B/1B, used to be a duplex, so there's a wall right down the center of everything! Willing to remove/move walls.  Buy and hold.  Neighborhood rents $800.  Yeah, I'm not trying to HGTV it, but MAN, I am searching for basic.....good sense!

Does anyone have before-and-after photos of an old, clapboard, mill factory rehab, four rooms, bathroom addition on the rear of the old house that used to be the porch?

Any help will be greatly appreciated.

Andy

Well, Ms. Richards, do you hate the existing floors or are you just hoping to improve air quality and energy efficiency?  Do you have old-growth heart pine that SHOULD stay or something different?  We need to know that.  Are we trying to kill two birds with one stone, replace floor AND improve air quality/energy efficiency?

Now, all the old flooring guys and all the manufacturers will tell you that you have to have a vapor barrier installed on the subfloor before you install your finish.  That's true BECAUSE the crawl space/basements are never lined/encapsulated and dehumidified.  Buckets of moisture are migrating up out of the soil into your investment(lay a 2' x 2' piece of clear plastic on your lawn in the middle of summer and watch how quickly water droplets form on the underside).  But, maybe you want to keep what you've got ---- the floors are fine! Seal basement, line, up the walls, seal the foundation vents (definitely) and dehumidify(HEPA filter will remove micro contaminants) .

If, IF!, you are replacing the finish floors, that's a completely different conversation, one with the entire building health in mind especially with regard to how you treat the subfloor and regarding the addition of a second vapor barrier.

I hope this helps. 

@Tammy Richards

The old, "charming" floors are not the problem --- the dirt basement floor is.  Heat rises in a home so it "draws" or "sucks" directly at the floor level.  It draws air out of the basement through the leaky floor and carries moisture, mold particles, and other airborne STUFF with it.  Please search "stack effect".  There's lots of very small air passages in the floor you cannot see, same as with all floor systems over a crawl.  The floor isn't broken, the building envelope is. There is no "boundary" on the lowest portion of your investment.  There's no barrier between the earth, elements, and your investment. 

Look into

http://www.crawlspacedepot.com/

I've got older posts on this topic.  If I can help regarding specifics of this type of installation let me know.  FYI the large, nationwide installer of this type of product are a money printing machine.

Andy

@Ray Dorsey Good Sunday morning to you Mr. Dorsey and I hope you are well. Please keep me posted as investment opportunities come online.

Thank you!

Andy

What the____!???!

How do you go from "finding sellers" to....quitting? So, you've found the best source of RE info on the planet.....AND allegedly you can find sellers.... but you're quitting. 

What the ____???

Go to top right-hand corner search tool and type in "mentee", press enter and read legitimate experiences you could mimic. Then do the same with "bird dog". If, as you suggest you've "actually made calls and found sellers" you may be quick to find a mentor.

Next type in "direct mail", press enter and become inundated.

Gurus? The regular Tom, Dick, and Harrys and the everyday Sally, Mary, and Susies I find here at BP who do not offer training of any sort are constantly handing out lessons that I feel absolutely blessed to receive.  Just click on "Newest Forum Posts" and try to keep up --- as I do.

@Grant Mone Make sure you follow up with updates because lots of us will want to hear about your inevitable progress forward.

Greetings @Micah Redden and I hope you are well!

Is there any need to sign up or RSVP for the upcoming second Tuesday BP meeting in May? Or do I just show up? Thanks for the opportunity sir!

Andy

Man! I feel bad for you. But still, you kept me laughing through the whole post! How does that old song go...."Keep on smiling".