dubshow wrote:
This house is a money experiment to set us up to build exactly what we want in 6 years, or just live in a thing we like in an area we like for a LONG time. Either option is fine with me.
That is a place to be - our goal has been exactly that for some time now. New plan is to hit that status by 2023ish.
dubshow wrote: ↑Wed Feb 27, 2019 10:52 am
That was a lot a typing and all my deets are pretty much spilled.
We both have great credit but some how the financial system says I can own TWO $240k houses with JUST my income and not the wife's.
We will have another recession... Its crazy they let people have all the rope to hang themselves then the .gov has to get involved to clean up messes.
FYI, we dumping an FHA loan with life time PMI @ $100/mo to a conventional loan. the rate will be around 4.5%. A construction type loan to finance the reno would be more expensive and put us near a 5% rate.
dubshow wrote: ↑Wed Feb 27, 2019 10:41 am
Replace several windows $4000
dude, just replace ALL the windows on the main house.
okay okay. i hear you but some around the kitchen just arent that bad. Working the budget tonight. The triple window at kitchen is in actually perfect shape.
wap wrote: ↑Wed Feb 27, 2019 11:16 am
Besides every facet of this and being , job on this and good luck on the reno.
Enjoy the journey.
4lyfe. thanks. Hopefully I can stay in a place as long as you sir
dubshow wrote:
This house is a money experiment to set us up to build exactly what we want in 6 years, or just live in a thing we like in an area we like for a LONG time. Either option is fine with me.
That is a place to be - our goal has been exactly that for some time now. New plan is to hit that status by 2023ish.
solid goal. I think that lines up with our plans. We will probably have a crotchfruit in the mix at that point too. Which this house accommodates very well.
dude, just replace ALL the windows on the main house.
okay okay. i hear you but some around the kitchen just arent that bad. Working the budget tonight. The triple window at kitchen is in actually perfect shape.
wap wrote: ↑Wed Feb 27, 2019 11:16 am
Besides every facet of this and being , job on this and good luck on the reno.
Enjoy the journey.
4lyfe. thanks. Hopefully I can stay in a place as long as you sir
It does make the financials look quite good over time if you can manage to . We'll be here 21 years this May and living that mortgage-free lyfe for year number 2 now.
Where are these mangos?
Detroit wrote: ↑Fri Apr 16, 2021 1:19 pm
I don't understand anything anymore.
okay okay. i hear you but some around the kitchen just arent that bad. Working the budget tonight. The triple window at kitchen is in actually perfect shape.
4lyfe. thanks. Hopefully I can stay in a place as long as you sir
It does make the financials look quite good over time if you can manage to . We'll be here 21 years this May and living that mortgage-free lyfe for year number 2 now.
We're on track to pay our mortgage off in 20 years. Hoping to do it even sooner if possible.
Desertbreh wrote: ↑Tue Oct 10, 2017 6:40 pm
My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
It does make the financials look quite good over time if you can manage to . We'll be here 21 years this May and living that mortgage-free lyfe for year number 2 now.
We're on track to pay our mortgage off in 20 years. Hoping to do it even sooner if possible.
Detroit wrote: ↑Wed Feb 27, 2019 3:17 pm
We're on track to pay our mortgage off in 20 years. Hoping to do it even sooner if possible.
adult goals!
Desertbreh wrote: ↑Tue Oct 10, 2017 6:40 pm
My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
It does make the financials look quite good over time if you can manage to . We'll be here 21 years this May and living that mortgage-free lyfe for year number 2 now.
We're on track to pay our mortgage off in 20 years. Hoping to do it even sooner if possible.
Good luck.
When we were at a little more than a year to go I just said fuck it and threw a bag of cash at it to kill it, so we ended up paying it off in 19 years. It's a great feeling the first time you don't make that monthly payment.
Where are these mangos?
Detroit wrote: ↑Fri Apr 16, 2021 1:19 pm
I don't understand anything anymore.
Looking at the surrounding area it def looks like you're on the high end of the block, but it's not like it's by some large margin. The only issue would be the money on top of that going into it for fixing stuff up. All depends on what it's worth to you. But you can likely push that value back into it if you need to resell. I don't know what the market is in Red Stick so I can't really comment.
I like the space. Personally, me, I got no problem with unfinished things in a garage, but the rest of the house is kinda mehhhhhhhhhhhhh. Having to fix regular house shit is always more involved since you want it right. For garage shit, you can fix it as good as you like and not have to hear the wife nag about it.
dubshow wrote:
So electrical is mostly minor, inside the house. The back shop/garage has exposed and unfinished wiring in numerous spots. It has dead legs all over. Thats the worst of it. Main panel has overloaded circuits. Ray Ray already has a game plan to install a new panel and meter in a better location. free shit.
Several outlets in house are dead. The stove needs a junction box. Right now its just twisted in with tons of tape, easy fix - for sure. The GFCI circuit is messed up and no exterior out is protected. Thats a big no no. Honestly is about 6 hours of work for myself to fix all that.
I am by no means a ZOMG LICENSE DIY BAD person. I DIY most my shit. I just do it correctly.
This isnt awful at all.
Correct. Nothing was a deal breaker. Other than the panel swap (panel is okay and not unsafe) it's all very DIY and most my parts are free. Thanks Ray Ray.
dubshow wrote:
I totally hear you. That is the same voice in the back of my head, and my usual course of action.
Flip side, we WANT a larger eye catching bathroom. The time to do it is NOW before we move in or it will never pan out. Spending $25k now and having a GREAT place to live will increase the value of this sucker to $320k. While I wont be able to maximize the untapped $20k equity, it will pay dividends later when we go to sell it in 5-6 years. It could project into a $340-350k range in 5 years, conservatively, and have some really great features that shine in this area.
in 5 years we will owe about $235k. Thats well over $100k in equity for $25k spent upfront. Plus the perk of loving the place we live in.
This house is a money experiment to set us up to build exactly what we want in 6 years, or just live in a thing we like in an area we like for a LONG time. Either option is fine with me.
I'll share plans soon. PDF has to be converted to jpg.
How many squares is the bathroom?
Currently it's 11x5 with separate toilet shower from vanity. About to post plans. Just finished
Currently it's 11x5 with separate toilet shower from vanity. About to post plans. Just finished
With a cut into the slab you might be a bit low on budget. That's about the size of one of ours and we were quoted about that without a slab issue. BUT that could simply be location difference.
It sounds expensive, and it is. I have the concrete saw. I will work with the plumber and cut what he needs. He will retofit the rough in. I will replace concrete. Contractor will frame up walls, paint, install fixtures and new flooring.
It sounds expensive, and it is. I have the concrete saw. I will work with the plumber and cut what he needs. He will retofit the rough in. I will replace concrete. Contractor will frame up walls, paint, install fixtures and new flooring.
If you can, throw another 5k into that budget. No harm in having it left over.
Always overestimate the budget.
Desertbreh wrote: ↑Tue Oct 10, 2017 6:40 pm
My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
If you can, throw another 5k into that budget. No harm in having it left over.
Always overestimate the budget.
Good points. Im playing a fast and furious numbers game. I actually had less cash on hand than I thought. Ive had a expensive last 2 months and didnt REALLY expect to be buying a new house so quickly.
Holy shit, that attic space. Man, SO MUCH SPACE FOR ACTIVITIES!
Lol.
You could do something interesting up there if you wanted. That shit's massive. I'd love that kind of storage space.
place to be - our goal has been exactly that for some time now. New plan is to hit that status by 2023ish.
4lyfe. thanks. Hopefully I can stay in a place as long as you sir 
. We'll be here 21 years this May and living that mortgage-free lyfe for year number 2 now. 
and 
being 
reno.
