All Forum Posts by: Richard Dunlop

 Cost of construction in Detroit is similar to costs everywhere else and quite often higher because of above average construction.

My 1882 house built with 500lb quarried stones was not built today and is not gone tommorow. 

It will probably still be standing 100 years after the wood/frame/stucco Styrofoam window frames homes being built in Hesperia/ Riverside/ Victorville by Pulte Homes have all been bulldozed down. 

(I walked through subdivisions where you could buy 3 year old homes for 1/4 of new price from the banks that had foreclosed 9 out of 10 homes. There were already cracks running through the stucco in many of these homes. And yes all the fancy features were Styrofoam blocks sprayed over with stucco. 2008-2009)

 Why are you in Cleveland for only four months? will you be returning?

If you are renovating a house that you have not yet found, four months is maybe not enough time?

12 posts and 9 are redundant 

 Downtown Detroit is doing that NOW! 

Down town has an occupancy rate higher than SF higher than NY.

 I found a real silver dollar and other silver coins I'm sure the dealer found other valuable items but mostly trinkets and furniture that the burglars did not carry off. He hauled 7 truck loads out to his store.

I bought a forclosure house that had a hoarder(collector) living there for 40 years. Six bedroom house that literally had 2-3 feet of stuff covering every Sq foot. 

It had been ransacked by burglars in the 2 years since he went in a senior home so there was nothing of obvious value.

I found a thrift store owner that cleared it for free; he brought big bins and I supplied garbage bags.

House had a large enclosed porch to accumulate the bags and matresses etc. Small city Detroit suburbs we would put out 20 bags a week. 

I went by one week when the trash men were picking up and asked him if we were putting out too much. He asked me what else I had and came up on the porch and took another 30-35 large bags. 

We got rid of 160 bags of trash plus lots of big stuff matresses etc.

Thrift store owner halled 7 truck loads and also delivered a few things to my house that I wanted. 

Most cities up here use the roll out bins and limited times pick up bulk but this one has no bins and picks up bulk with the regular pick up.

The mounds of trash got me a bargain on the house but I got it cleared for free. 

 I'll do that. Thanks.

Richard

 Send him a colleague request and ask info in the request.

FHA does not allow a buyer to borrow money for their low down payments so "maybe" sometimes a loan is labeled a "gift".