All Forum Posts by: Deb R.

I guess I should've mentioned the house that we didn't get was not going to be a long term home but one that gave us a little tiny sliver of water access to a lake. It was an experience I was willing to sacrifice for to see what it felt like. My husband was crushed.

@Sam Shueh @Theresa Harris thank you both for replying.

Sam, we don't need to rent as we own the home we live in, I just want out and before market loses anymore steam (seems we may have already lost $25,000 off sale price but I know that can change).

Theresa, the home I am considering putting a bid on would be an eventual rental. I was just hoping to get into a house that we would not have to move again for more than 10 years but like I said we may just have to build. The money from selling our current home would go to rental properties. Now you mentioned compromises. The potential home has a bad master bath tub so we were going to rip out the tub and do a big walk-in shower. It's not that I don't want a tub, I do but I am also very sick and tired of banging my elbows when showering and a large enough tub is really expensive. So that is a sacrifice I will make but is that a negative for a future tenant? The second bathroom is shower only so I could see that being a problem for a family that has young children, or am I wrong here?

This wouldn't be a big deal to not get this house but it's the one we wanted to live in. My REI is delayed until we find a new place. I am considering another less desirable home and my offer would be $120/SF and it's listed at $145. Not sure if seller will take it but it's above a previous offer and the place has been listed a while. Just wondering if it's worth it because of the condition and not exactly what we want. We seem very picky to the point we may need to build. So, is it better to get this process going now or hold out for a property we desire more? Good night all.

In my limited reading, it is my understanding that you do not and may not be able to finance land. You buy land with cash and finance the building. I hope someone can confirm or deny that for you. Good luck.

 How do you know when you have sufficient knowledge?

Congratulations! 

What cosmetic updates did you add that did not increase value and how would you change that in the future? What would you do different?

Hey newbie from a newbie. I have all the thoughts and questions you have (but with less YouTube viewing) so welcome to the boat. One tidbit I can offer is regarding Zestimates. Yes they are pretty bogus but what I have read to do if you don't get numbers from a RE agent is look at all that have sold in the area (I think it was a mile or two radius) within I think it was the last six months, that are similar square feet / land size and get an average price. What I have problems with is how do you know which ones have updates (good or bad) which could skew the numbers in the wrong direction. I know you are supposed to get an average but that still messes with my mind. Good luck to you.

Good to know @Michael Peach thanks

 I think that could work except maybe buy and hold unless you will have another business name for that.

I wonder what the rest think?

@Scott Mac

@Jason D.

@Chris Mason

If you are speaking of interior walls, how does frame make it easier to move walls? Unless you are specifically talking about having to move windows in the exterior block when relocating walls? Are you finding too many interior walls build out of block?