All Forum Posts by: Will G.

35$ a square foot, probably.

I could typically do a early 70s home needing everything, except maybe shingles, for about $25/ square, with me doing a lot of the work, but nice finishes, tile throughout,  tile bath surrounds, stainles appliances, mid level cabinets, new mechanicals etc

is it asphalt shingles? I have seen big improvements using the right color metal roofing

Came across an article challenging a long held notion that class c properties do best in recessions 

Did your market have perform like this? 

@Richard Lee

Where is the meeting schedule  posted please?

Housing and urban development is pushing a new plan

https://www.cbsnews.com/news/hud-plan-would-raise-...

So, what do you think would be the consequences, unintended or otherwise, to the rental industry? 

Wow, that guy is dedicated to getting the job done! :-)

@Mark Fries

Yep, thats what is should cost, then enter the government, and permitting, soils engineer, testing, certification, import of graded fills, aeration chambers and pumps, electrical service and alarms etc

new price.... $9000

I wonder why so many folks avoid permitting?

@Thomas S.

Obviously all systems/soils will be different, but when I purchased my home it had a failing field, totally backing up. Jetted the crap out of it(pun intended) and up and running for the last 4 years. I know I will have to replace it but it did buy me a lot of time.

fields typically go first, but many times sewer jetting will rejuvenate the field or at least buy you some time. Jetting is simply pressure washing the drain field lines from inside, and all it requires is a high pressure hose with a special nozzle and a pressure washer. Only takes a few minutes to do but I have had septic co's quote me $800!

Promptly bought my own setup.

If a field goes bad some municipalities require relocation to new ground, and of course current standards, which could involve, pumps, alarms, aeration chambers etc.

I had homes in one city where you weren't allowed to touch an existing field, and when they died, I was forced to hook up to city services @$5600 plus monthly fees.

All depends on how your dirt perks and the prevailing "rules" as far as replacement options.

I have heard many times 50 to 60 years is all you should expect from a "system" and even concrete tanks can fall apart from the extreme environment they are subject to.    

@Regina Moffett I certainly understand what your feeling. I have been making a living at real estate since 1994 and I currently feel like there are no moves left on the "chess board" Valuations imo are reaching an extreme and risk is increasing. 

My point being it is a difficult environment for everyone (except sellers), and to illustrate, a syndicator I have been following (wellings capitol) has given up on multifamily for now and switched to self storage after a history of insisting they would not do self storage!

I do think we will get a little sanity once the interest rate increases "soak in"