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All Forum Posts by: Bryan Devitt

Bryan Devitt has started 4 posts and replied 789 times.

Post: Best market for buy and hold - October 2019

Bryan DevittPosted
  • Contractor
  • Oxford, MA
  • Posts 806
  • Votes 744

@Gal Shapira all of them if bought right. Spend some time reading the forums and you can find the 27 threads from each week where people answered this with detail and find the one that fits you best

Post: Microwave broke and Landlord asking me to pay half

Bryan DevittPosted
  • Contractor
  • Oxford, MA
  • Posts 806
  • Votes 744

@Scott Rogers you're not factoring the cost of the labor to replace it. It might not be self managed

Post: Electrical box in closets

Bryan DevittPosted
  • Contractor
  • Oxford, MA
  • Posts 806
  • Votes 744

@Jennifer White do what @Pat L. Said. Use the existing box as a junction box and move the panel to a near by area. Solves the problem relatively cheap, passes code and eliminates worry about liability

Post: Making a rental too nice... is that a thing?!

Bryan DevittPosted
  • Contractor
  • Oxford, MA
  • Posts 806
  • Votes 744

@Bryan Cavellier keep in mind that even if you can't get more per month it can still be more desirable and therefore lead to less turnover and vacancy. There is a limit to that but a little extra helps if there is a lot of competition in the area

Post: Rental repair invoice without tax id - is valid for tax return?

Bryan DevittPosted
  • Contractor
  • Oxford, MA
  • Posts 806
  • Votes 744

You need to get the W9 before you pay them. As far as I know you're SOL but maybe there is a way my accountant doesn't know about 

Post: House flip gone horribly wrong. Need advise.

Bryan DevittPosted
  • Contractor
  • Oxford, MA
  • Posts 806
  • Votes 744
Originally posted by @Vince Campbell:

@Bryan Devitt I thought it was zoned for single only. But you're right, a duplex would lower our loss. Our permit office is full of megalomaniacs who love to say no. Is there any other way besides calling them to find out what zoning allows?

 I don't know how your inspections work there. In MA if the locals are being PITA you can just call state officials and ask them. Get a copy of the town zoning laws and see what they say. If they say you can't do it, tell them to show you where it says you can't do it. If it isn't in zoning or the codes in black and white, then you're either good to build or good to sue them to force them to give you permission 

Post: House flip gone horribly wrong. Need advise.

Bryan DevittPosted
  • Contractor
  • Oxford, MA
  • Posts 806
  • Votes 744
Originally posted by @Vince Campbell:

@Bryan Devitt It turns out we aren't zoned for multi family so a sfr is our only option without a big headache. Yea that's what it seems like. Were just trying to minimize the loss obviously. 

What is considered "multi" there? Here you can build a duplex in areas zoned for singles, so they go up everywhere guys are trying to max their profits. That might be worth looking into to try and get closer to break even. 

Post: Pet Urine On Wood Subfloor

Bryan DevittPosted
  • Contractor
  • Oxford, MA
  • Posts 806
  • Votes 744

If anyone replaces subfloor in the future, Advantech makes waterproof subfloor. It is an OSB type material that is saturated in resin so it won't absorb water while buildings are going up but not water tight yet. It is worth the extra cost vs cheap OSB that will soak it up like a sponge. They also make a foam subfloor glue that will bond to the joists like you wouldn't believe and you won't have any squeaks 

Post: Septic System Mound

Bryan DevittPosted
  • Contractor
  • Oxford, MA
  • Posts 806
  • Votes 744

@Corben Briggs they're very common in MA, no need to worry about it hurting the sale. As stated by others, spend the extra money and have them truck in some extra soil to make it not look like a box in the middle of the property. 

@John Teachout in MA most companies try to tell people to pump every 1-2 years if the house is at capacity or close. We just pumped for the first time at 12 years and the driver told us it looked great and was barely anything in there, but still suggested to do it every 6 just in case. It all has to do with how many people are living there, what they're dumping into the system, what TP is being used, etc 

Post: Income production in an over priced market

Bryan DevittPosted
  • Contractor
  • Oxford, MA
  • Posts 806
  • Votes 744

Markets move in waves, if your market is at a peak right now, it will come down. How much is anyone's guess but nothing stays at it's peak forever. With that said the only way to be successful is to sacrifice. If you can only get low wage jobs right now, get two of them. Eat Ramen for a year straight, don't go out, don't buy alcohol, don't buy anything for a year. If it isn't life or death, don't spend money on it. If your job doesn't have big upside, find a place that does. Many jobs start out at minimum wage or close but a few of those are large companies where you can go from minimum wage to $50k in a handful of years where most will always be low wage. With the right combination of sacrifice, planning and the right decisions you can overcome anything and get to where you want to be