The Official Homeowners Thread

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Lwo Lakeset
Quick question: anybody have any idea on if removing this divider wall is feasible?
hr4212715-4.jpg


I'm a building surveyor by trade as @Stir Fry said the little wall is fine to remove.
A beam like that would be there for a reason so should seek a professional advice as a rsj would have to be installed (expensive) if it's something you want done
 

-G$-

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:mindblown: what!!! not my handmade, from the ground up palace? that was my dream home :damn: you upsizing even further lol?
Lmao nah not upsizing. Lateral type move just trying to move closer to my office now. I'm not working in manhattan any more so just looking to shorten my drive. That and I wouldn't mind building a brand new place again. That's probably what we are going to end up doing.
 

ThiefyPoo

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Lmao nah not upsizing. Lateral type move just trying to move closer to my office now. I'm not working in manhattan any more so just looking to shorten my drive. That and I wouldn't mind building a brand new place again. That's probably what we are going to end up doing.


Your home is amazing man who ever gets that:wow:.
 

intruder

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Using gentrification to my advantage might pay off big after all :jawalrus:

As you all know i purchased a fixer upper in a neighborhood that i found suspect but noticed was gentrifying slowly but surely. Like no joke i had concerns about the area at first but figured it would be a good investment. House only needs some upgrades to the bathrooms. Anyway, as them hipster wannabe whiteboys started buying up all the property around here next thing i know a few companies bought some homes and did minor renovations to them on my block and selling them for big bucks now. I saw the former owner of one of the houses that got renovated and he told me he basically sold it via a company called offerpad.com. So i went on there and did an assesment to see what they would offer for mine and after sending them pics and info they're ready to offer me $77K more than i paid.

Im wondering if i should bail out now or wait another 2 years when they finish building up off the road at my exit. My plan was to inhabit the house and rent it anyway since it's right near downtown atlanta
 
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dora_da_destroyer

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Using gentrification to my advantage might pay off big after all :jawalrus:

As you all know i purchased a fixer upper in a neighborhood that i found suspect but noticed was gentrifying slowly but surely. Like no joke i had concerns about the area at first but figured it would be a good investment. House only needs some upgrades to the bathrooms. Anyway, as them hipster wannabe whiteboys started buying up all the property around here next thing i know a few companies bought some homes and did minor renovations to them on my block and selling them for big bucks now. I saw the former owner of one of the houses that got renovated and he told me he basically sold it via a company called offerpad.com. So i went on there and did an assesment to see what they would offer for mine and after sending them pics and info they're ready to offer me $77K more than i paid.

Im wondering if i should bail out now or wait another 2 years when they finish building up off the road at my exit. My plan was to inhabit the house and rent it anyway since it's right near downtown atlanta
i'm a fan of holding properties as rentals unless you really need the capital to help buy a home you're going to live in.
 

intruder

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i'm a fan of holding properties as rentals unless you really need the capital to help buy a home you're going to live in.
Yeah I hear ya.

I'm Haitian and you know haitians are obsessed with owning land so my dad always told me "never sell land. Never!". He drilled that shyt into my head growing up. I still remember being 13 years old and this cat sitting across from me at the dinner table on one of his rants talking about "when I'm dead and gone don't you fukking dare sell the fruits if my labor to use the money for dumb shyt. Don't you fukking dare, you hear! I'll come back as a gotdamn ghost and suffocate the tow of you in your sleep" :russ:He would go on these rants when he would see people he knew's kids selling their land to buy fancy cars and do dumb shyt

But back to the story the issue I have is I always hear the horror stories of being a landlord and wondering if that's a headache I'm ready to take on
 

dora_da_destroyer

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Yeah I hear ya.

I'm Haitian and you know haitians are obsessed with owning land so my dad always told me "never sell land. Never!". He drilled that shyt into my head growing up. I still remember being 13 years old and this cat sitting across from me at the dinner table on one of his rants talking about "when I'm dead and gone don't you fukking dare sell the fruits if my labor to use the money for dumb shyt. Don't you fukking dare, you hear! I'll come back as a gotdamn ghost and suffocate the tow of you in your sleep" :russ:He would go on these rants when he would see people he knew's kids selling their land to buy fancy cars and do dumb shyt

But back to the story the issue I have is I always hear the horror stories of being a landlord and wondering if that's a headache I'm ready to take on
i have a four unit property, i live in one and rent out the other three. i don't have headaches, i mean the hardest thing is keeping on top of leases/renewals and dealing with re-renting them when i have a vacancy. vet your tenants, set rent prices at a level where people feel like they're getting somewhat of a deal so they don't both you as much. i could easily charge 2500 a unit, but then i'd have to meet 2500 expectations, by charing 2200, people are happy to be a bit under market norms so they live with less responsive service :laugh:
 

intruder

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i have a four unit property, i live in one and rent out the other three. i don't have headaches, i mean the hardest thing is keeping on top of leases/renewals and dealing with re-renting them when i have a vacancy. vet your tenants, set rent prices at a level where people feel like they're getting somewhat of a deal so they don't both you as much. i could easily charge 2500 a unit, but then i'd have to meet 2500 expectations, by charing 2200, people are happy to be a bit under market norms so they live with less responsive service :laugh:
Neat.

Id probably do something like that if i could find a building like that. I know if i rented this place id make good money since i see comparable homes renting for almost twice my mortgage already and mind you my place is bigger and nicer with more rooms.
 

Azul

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Yeah I hear ya.

I'm Haitian and you know haitians are obsessed with owning land so my dad always told me "never sell land. Never!". He drilled that shyt into my head growing up. I still remember being 13 years old and this cat sitting across from me at the dinner table on one of his rants talking about "when I'm dead and gone don't you fukking dare sell the fruits if my labor to use the money for dumb shyt. Don't you fukking dare, you hear! I'll come back as a gotdamn ghost and suffocate the tow of you in your sleep" :russ:He would go on these rants when he would see people he knew's kids selling their land to buy fancy cars and do dumb shyt

But back to the story the issue I have is I always hear the horror stories of being a landlord and wondering if that's a headache I'm ready to take on

Why did I read that in a Haitian accent? :mjlol:

My parents bought two multi families (one in BK one in the Bx) and they hate being landlords (all of their tenants are Section 8 and none pay their portion of the rent) and fully discourage me from becoming one. However, I'm already wanting my next property and I want it to be a multi family.

The thing is, NYC is way too tenant friendly. Its hell getting a degenerate out housing court is too fukked up :francis:
 
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