All Forum Posts by: Daniel H.

He is adding 8 support beams to each building since there is inadequate support for the buidlings and the floors are uneven.

We wrote the contract up based on him using 18", one foot diameter concrete footings placed into the dirt floor. We both agreed this would be sufficient. He then came back the next day and said his "engineer" told him he needs to use 24" deep footings. He also said that to go that deep he may need a post hole digger.

Does this sound like total BS or do these footings really need to be 24" deep??

The buildings are 3 story apartment buildings and we are adding 8 beams to each building.

I agree, he wants me to pay for his mistake. Just worried since I gave 50% already.

He is saying he talked to his own engineer.

I recently signed a contract to have some work done on my buildings. I paid 50% upon signing the contract. Before even starting the job, the contractor is saying he talked to his engineer and the job is going to cost 25% more. What can I do here? The reason I signed the contract is because I liked the price quoted. I just can't go and say I don't like the price we agreed on, I have to pay you 25% less.

Advice on how to handle this situation? Also, how to prevent it from happening in the future?

What sort of footing should be placed under the new support beams? A 1 foot deep, 1 foot diameter concrete tube? A square footing? How deep will it need to go?

Okay, so lets say I have one person lined up willing to loan up to $200,000. If I find a house for $150,000, how would the financing work? I make a cash offer and in the time before closing, we set it up as a loan secured by the property and put the cash into my acct?

Would be much faster than dealing w bank because we just need to draft loan document, I am already approved, right?

Just looking for a little clarification on possible ways to use private money to purchase property. I am not looking for partners, I want to own 100% of the property.

Lets say I have 5 people committed to loan me money for investment property. $200,000 in total. Could I set up all their loans to be secured by the property? Or would they have to be more of a personal loan?

When it comes time to use the money to purchase a property, should I call on everyone to send it over before closing? Other ways to set it up so that the money is ready when I need it?

Was going to lay concrete square slabs to support the jacks and dig holes and use concrete footers for the 6x6 or lally columns, whichever I decide to use. I have someone who says they know how to do it and we were going to do it together with maybe one other guy but what you described with the cracks and pops has me freaked out. I think I will try to find someone else who can do this job.

One of my tenants complained to housing about the floor and I tried a temporary fix by leaving the two jacks in place but the building inspector was not satisfied and stressed the need for support every 4 feet.

I am planning on adding more support to the main support beam in my two buildings. I am planning on using 6x6 wood beams that are graded for ground contact. I will put them on concrete supports. The support beams are currently sagging so I will jack it up some before putting in the new posts. I have two 30-ton jacks that I will be using.

I am wondering if there is a safety risk here and what I need to know to do this as safely as possible? The buildings are over 100 years old and there is some damage from powder post beetles.

Asked my insurance provider about the cost difference between ACV and RC and was told there is no difference in premium.