All Forum Posts by: Anthony Theokary
Anthony Theokary has started 9 posts and replied 31 times.
Post: I own a gutted house and I want to GC the rehab myself
- Rental Property Investor
- Philadelphia, PA
- Posts 35
- Votes 3
Thanks a lot. I appreciate the words.
Post: I own a gutted house and I want to GC the rehab myself
- Rental Property Investor
- Philadelphia, PA
- Posts 35
- Votes 3
Thank you
Post: I own a gutted house and I want to GC the rehab myself
- Rental Property Investor
- Philadelphia, PA
- Posts 35
- Votes 3
Quote from @Joel Forsythe:
Quote from @Stuart Udis:
@Anthony Theokary Directly from the Philaelphia L&I website:
A licensed Philadelphia contractor must perform the work, except for projects on an existing one-or-two-family home that don’t require an electrical or plumbing permit.
The scope of work you are performing goes far beyond the limited exception which falls within the EZ permit standards. A 3rd floor addition will not only have structural modifications, but also require mechanical, electrical and plumbing permits. May I ask what motivates you to pull your own buildong permit? Adding a 3rd floor onto a building is far more complicated than most beleive. Unless you have a strong construction background, I highly recommend you do not undertake this work on your own.
^^ @Anthony Theokary seems to have nailed the answer in 1 shot. Adding a 3rd story is NOT an existing 1 or 2 story home. Plus all the other mechanical permits. You really don’t need this kind complicated liability imho. Was your interest due to cost savings or lack of timely available GCs in your area? If it’s the former, that’s likely a myth for this type of project; the latter is understandably frustrating and costly if financing involved.
Mostly cost saving and I want the experience. I want to be able to flip houses as a GC. Isn’t it smarter to become one and sub everything out? Or no?
Post: I own a gutted house and I want to GC the rehab myself
- Rental Property Investor
- Philadelphia, PA
- Posts 35
- Votes 3
Quote from @Stuart Udis:
@Anthony Theokary Directly from the Philaelphia L&I website:
A licensed Philadelphia contractor must perform the work, except for projects on an existing one-or-two-family home that don’t require an electrical or plumbing permit.
The scope of work you are performing goes far beyond the limited exception which falls within the EZ permit standards. A 3rd floor addition will not only have structural modifications, but also require mechanical, electrical and plumbing permits. May I ask what motivates you to pull your own buildong permit? Adding a 3rd floor onto a building is far more complicated than most beleive. Unless you have a strong construction background, I highly recommend you do not undertake this work on your own.
I want to get the experience. What better way than to do it correct? I will have to become a GC and sub this out.
Post: I own a gutted house and I want to GC the rehab myself
- Rental Property Investor
- Philadelphia, PA
- Posts 35
- Votes 3
Hi all I have a few questions and hope you can help me along the way. I own a 2 story house in South Philly and it’s fully gutted. I am putting a 3rd floor on and already have my zoning permits and waiting on construction plans. I DO NOT have my GC license. I want to know what I can do as the homeowner as far as pulling permits for all the work? Do I need my license? If anyone can help me with this question please let me know.
Post: Total gut and adding a 3rd story
- Rental Property Investor
- Philadelphia, PA
- Posts 35
- Votes 3
Hi all I just bought a property in South Philly. I talked to an architect about a 3rd story and roof deck and it can be done without zoning or variance due to my neighbor being 3 stories.
I’m looking for a reputable contractor if anyone has any contacts I’d appreciate the connection.
it’s been tough getting someone.
Post: How lending works?
- Rental Property Investor
- Philadelphia, PA
- Posts 35
- Votes 3
It’s a primary: already asked him. He said it would’ve had to be done when I purchased the home.
Post: How lending works?
- Rental Property Investor
- Philadelphia, PA
- Posts 35
- Votes 3
I bought the house on a conventual loan with 10 percent down.
Post: How lending works?
- Rental Property Investor
- Philadelphia, PA
- Posts 35
- Votes 3
Hi. I bought a property recently in South Philly. I need about 60k from a lender to put on a 3rd story addition along with the rest of the house being a total gut. (I have some funds also).
I don’t exactly know how hard money works or what other options I may have. Can someone explain this to me please?
Post: In need of a structural engineer
- Rental Property Investor
- Philadelphia, PA
- Posts 35
- Votes 3
Quote from @Wayne Brooks:
@Anthony Theokary An engineer or experienced contractor would be advisable, but typically…..a wall running perpendicular to the joist/trusses will be load bearing, a wall running parallel to the roof joist/trusses would not be.
As for your roof pitch, 12-14” over 22’ is a very mild pitch (20:1), unless this is a “flat” roof.
Yes this is a a flat roof