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All Forum Posts by: Todd Whiddon

Todd Whiddon has started 21 posts and replied 318 times.

Post: Diary of a POP TOP Second Story Addition Project

Todd WhiddonPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 325
  • Votes 335

@Terrence Smith hopefully sometime next week, I'm trying to time it the same day the "roof comes OFF"! 

Post: Greedy Real Estate agents in Atlanta

Todd WhiddonPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 325
  • Votes 335

@Sam Hadad Sorry, the point I was trying to make was lost in translation. 

@Jon Holdman does have excellent wisdom for anyone that is an out of state investor, YOU CAN GO FURTHER-FASTER, by partnering with someone local. 

If I wanted to start investing in California...  I could achieve what I want "more better" by partnering with someone like you who has an established network of DEAL FLOW than I could all by my lonesome. 

Post: Diary of a POP TOP Second Story Addition Project

Todd WhiddonPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 325
  • Votes 335

ENGINEERING 102

With the existing foundation looking good, our engineer now needs to review our proposed architectural plans, calculate new load requirements, and make a plan for additional foundation and floor system supports to handle the second story addition.

He bills by the hour and since this one is pretty basic, a simple sketch will do.  I've also attached a plan for our other current Pop Top project that is alittle more involved for comparison.

Foundation Plan, Check

Flashlight, Check

Orange Spray Paint, Check

Having a clue how to accurately measure and mark out these footer locations..... We'll see!

I've learned when it comes to foundations, it's rather important for everything to go PRECISELY where it is supposed to.  I trust my foundation guy to do the right thing, but I want to mark out where I think they should go, and then have a few other people check my math JUST to make sure!  Also, another benefit to me doing this is I found a GAS LINE and a WATER LINE right smack dab in the middle of one of the new deck footers. Had my foundation guy showed up to dig and these lines were in the way, he would have not been able to finish while I scrambled to get another contractor over to take care of removing these.  Luckily, I marked these the same day I had my demo guys over taking out the patio so a quick SNIP SNIP and we are good to go!

While our structural engineer was busy with the foundation plan, the engineer at the lumber company was also busy making an EWP "Engineered Wood Products" layout for the I-joists we will use for the second story floor system.

Time to start diggin'!

Post: Greedy Real Estate agents in Atlanta

Todd WhiddonPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 325
  • Votes 335
Originally posted by @Jon Holdman:

How the heck are you even able to evaluate a property for rehab if you're in CA and trying to buy in GA?  Are you actually in GA?  I can't imagine managing a fix and flip long distance.  If you're really trying to do that and you have cash I'd seriously consider just making loans to rehabbers in GA.

 Excellent Wisdom!

Post: Greedy Real Estate agents in Atlanta

Todd WhiddonPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 325
  • Votes 335

@Sam Hadad There is a LOT of "insider trading" of the BEST deals, not only here in Atlanta but everywhere. It's ALL about who you know. Many of our acquisitions are "pocket deals" that never hit the MLS. Good deals that hit the MLS are gone within a day MAX!

Unless you have direct MLS access or an agent that has you as their TOP priority, it's tough to get the info you need and react faster than your competition!  The main reason I got my RE license was frustration with missing deals because of the amount of time it took for them to relay info to me, me to relay offer terms to them, and them to prepare and submit offer. I cut out the "middleman" and my success rate increased DRAMATICALLY.

For "Off Market" deals, Network, Network, Network. Perform. Perform. Perform. and your deal flow will Increase Increase Increase!

Post: Diary of a POP TOP Second Story Addition Project

Todd WhiddonPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 325
  • Votes 335

@Terry Burger Thanks for Following along! Our office is actually in Marietta! I think a coffee collaboration is IMMINENT!

Post: Diary of a POP TOP Second Story Addition Project

Todd WhiddonPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 325
  • Votes 335

ENGINEERING 101 

If you don't have a Structural Engineer as part of your RE Investing team, finish reading this post, and then drop everything else your doing and get one!  Maybe it's because we buy so many old crappy houses, but it seems like more and more of of projects require beam calculations, foundation reinforcement, and point load placements. Having someone you trust on speed dial that can handle these types of situations can save LOTS of TIME and money!

While the foundation LOOKED good to me, I really wasn't 100% sure everything I should be looking for. Not only that, but an Engineer's letter is REQUIRED for most projects like this for a permit.  

I meet our Engineer at the house and have to admit, I was abit anxious about this meeting.  

My hopes and dreams of our first Pop Top project could be CRUSHED if he doesn't like what he sees.

I thought we would start in the basement.  I was wrong.  He wanted to walk INSIDE the house first to look/feel for low spots and settling cracks so he could then trace the problem areas to the basement. Makes sense. This is why he makes the BIG bucks.

We find a couple dips in the floor and then proceed to the basement. The door is stuck... Wait just a sec...

We're in!  We walk/crawl the entire perimeter looking for cracks, bowing, and other things that keep foundation remediation companies in business.  Everything looks good. 

 "On a side note we are actually working on another Pop Top project down the street from this one and everything did NOT look good!!! We are having to REPLACE an ENTIRE wall of the foundation!! I'll post details of the wall fix for that house on this thread in the next few weeks!"  

We then check out the areas of the floor system where we saw problems upstairs. Sure enough the beams and joists are overspanned.  He tells me this is VERY common in older homes. We will have to reinforce these areas with additional piers and new beams. Luckily our framing crew is well versed is this type of remedial work, and really even though it may sound expensive, adding piers, beams, and reinforcing / jacking up the existing floor system isn't that big a deal and is relatively INEXPENSIVE if you have the right contractors on your crew.

After a throughout inspection and measurement of the perimeter walls, existing piers, and existing floor system, my engineer produces what appears to be a medieval torture device.  If my armpits looked kinda soaked just worrying about the foundation...I now look like I just jump into a pool.

"Did I forget to pay my last bill????"   Did I make one too many bad Engineer Funny Ha Ha jokes"

I am relieved when instead of probing me, he starts probing the soil. He has to ensure the soil under the house has enough compaction to support additional footers and piers for the extra load we will be adding.  The dirt checks out.  Engineer's letter in my Inbox!

Post: Diary of a POP TOP Second Story Addition Project

Todd WhiddonPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 325
  • Votes 335

We're OFFICIALLY Non-Conformed!

Since part of the existing structure encroached over the current building setbacks "a REALLY common occurrence when dealing with older homes" , we needed to get a "Letter of Non-Conformity" from the County before we could get our renovation permit.  This letter is basically an acknowledgement from the county that the structure does not comply with current code, and that the work being performed on the parts of the home that are "out of bounds" will not alter the size.

We had to submit a letter requesting the Letter of Non-Conformity, Proposed Elevations of house, legal description, and photos of all sides of house.  A few days after we submitted our request we got a call saying they wanted us to get a variance.  We reminded them of some similar projects that they had issued letters for us before and they said they felt this one was different, but that they would discuss it further.  A few anxious days passed until....

We GOT IT!  Now we just have to get with our Architect and Engineer to assemble the rest of the stuff we need for our Renovations Permit.

Post: Want to get a Behind The Scenes Look at an Atlanta Rehab?

Todd WhiddonPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 325
  • Votes 335

@Sinine T. OK!

Post: Diary of a POP TOP Second Story Addition Project

Todd WhiddonPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 325
  • Votes 335

Actually our contact at the zoning office prefers Courvoisier...