All Forum Posts by: Ben Skove

David Niles You're right - if this works out, I'm going to limit what goes in the bag or hauled away in a trailer to actual debris...everything else gets freecycled, curb alerted, or set out for the trash pickers.

I can't remember which recent thread it was, but it's true here, too...people will take things you never imagined.

I called and talked with a rep - they said 18' minimum height on the lines. However, she didn't have a clear answer about where the height restriction plays out...if it's above the bag, anywhere between the bag and the truck, etc. In that video, though, those lines don't look that high. And you're right, Tim, if all else fails the bags are tough enough to drag out.

Steve, yeah Lowe's was where I first saw it...plus I can cover the sales tax with my 5%.

Hi, Walter!

I understand your feelings and know where you're coming from when it comes to your strategy. On the other hand, leave yourself open to creative ways of approaching various deals.

Also, if you haven't joined Cincinnati REIA, I'd recommend it. Great way to make contacts, and their meetings typically have good, useful, local information.

As I'm crunching numbers, a thought came to me:

What are the possibilities of taking a wholesale, doing some initial work, then marketing it specifically in terms of a 203K loan?

Cons: I know that most people want to be able to walk into their dream house, and can't envision what things might look like otherwise. It looks like the holding time can be prolonged by the long time it takes a 203K to be approved. The pool of potential buyers is smaller.

Pros: A small mortgage (for this area and type of house) and being in an area where people can get ADDI and Welcome Home grants for downpayment assistance as well. Investing a smaller amount of my money strategically to get a decent return.

I haven't seen this happening, so I figure there must be some significant problems.

Thanks, David, that sounds like a good plan. I appreciate your advice!

Thanks for the responses!

David, that's a possibility. Unfortunately, I don't have anything tough enough to pull one, so I think I'd be back to having to pay someone else to do several small loads. I'll have to try to factor that in.

Tim Breems, I checked out the Bagster last night, but it says that you can't have overhead lines because of the boom they use to lift the bag. Was your experience different? If they can work with that, it seems quite possible. They even give a discount if you use two bags with the same trip.

As I'm pulling together a rehab price for a house, I realized that:

a) the driveway is only 7 1/2' wide (between stone walls) and steeply sloped

b) the street has no parking during afternoon rush hour - the city won't allow anything to sit there during those times

c) there are utility lines over the sidewalk

Any ideas for dealing with the tear-out mess? I haven't used a hauling company before, but I suspect having someone else come in and do the trash out/construction debris is going to put a serious dent in my budget.

"Nearly 44 percent of Americans don't have enough savings or other liquid assets to stay out of poverty for more than three months if they lose their income, according to Wednesday's report by the Corporation for Enterprise Development. Almost a third have no savings accounts at all." - Morning Edition, 1/30/13

Granted $2,000 rent means higher income, but not necessarily higher assets.

Joel is right.

The problem with not being local is that it can be really difficult - even with the unending resources of the web - to tell if it's a good deal or not with low-priced properties. Here, the warzones and the poor but decent streets can be only a couple blocks apart.

Caveat emptor.

I first read that as "Ron Swanson", and wondered if I'd missed an episode of Parks & Rec. Ron would make a good RE guy, though! :)