All Forum Posts by: Jeff Cliff

@Jason Turgeon,

Very good point, totally makes sense. Thank you.

Hi,

I am at least six months or more away from completing the rehab of the house I just purchased, the house needs extensive work to be brought back to code.

Pretty much entire house needs to be renovated so possibly I may need to move them a couple of times and once I am done with the renovation I need to fumigate the house as well.

I am seeing some good deals on appliances during this holiday season. I am wondering if it would make sense to buy them now and store them until I am ready to get them installed in about 5-6 months or so? if not now, is there any other time of the year where I could find appliances at good price for rental?

Thanks in advance for your response.

Hello,

I am currently rehabbing a house in California (central coast). Majority of the house needs a lot of work and I foresee it may take 6-8 months or longer to complete the entire rehab work.

However, one part of the house on North side has 2 BRs & 1BA which could be fixed up relatively quickly. I am tempted to fix those two rooms & the bathroom in a month November/December and rent those two rooms out to university students before their spring semester starts. However, the house won’t have any functional kitchen for a while.

Is there any legal requirement to have a functional kitchen before the rooms can be rented out? If there is no such requirement, is there any downside to this plan?

Thanks in advance for your response

Hello,

I am currently rehabbing a house. The house has ocean views from the backside.

I intend to make this my retirement home in another 20-25 years. Until then I want to rent out various rooms as a university is close by and possibly keep one room for myself for weekend getaways.

Currently the house has a kitchen and dining area over the garage. This is the only kitchen in the house and the second floor only has kitchen & dining area (no other rooms).

I am thinking of converting the current kitchen into an independent (studio unit) by adding a bathroom and giving an exterior access, this could potentially be the room (studio) I keep for myself for now.

I am also thinking of moving current kitchen downstairs to a room that is really small, however it has an unpermitted bathroom. If I demolish the bathroom, kitchen would be of decent size.

Remodel would look like this,

First floor:

1. Losing 1 BA out of 3 BA

2. Losing 1 BR out of 4 BR (although originally house has only 2 permitted bedrooms)

3. Gaining 1 Kitchen

Second floor:

1. Gaining an independent studio

2. Gaining 1BA

3. Losing kitchen(May add a small kitchenette later on for the weekend getaways)

End result:

First floor: 3 BR, 2BA & a kitchen.

Second floor: Studio with 1BA (plus a small kitchenette in a few years)

Does this remodel financially make sense especially because I am moving a kitchen and a bathroom? What other things I should consider?

This is a random question here but will ask anyways, where should I look for appliances as the house needs all the new appliances for kitchen and laundry, considering very likely they would be used by college students. I saw some kitchen appliance combos on Costco.com between 4K & 5K but are there any other better/cheaper places with decent quality appliances that would take some abuse?

Thank you in advance for your response.

Hello,

I am doing a lot of demolition on my own and I will have piles of junk that I would need to rid off. What is the efficient and most cost effective way of getting rid off this junk?

Just to give you an idea, I am estimating demolition may produce about 5-6 trailers (or more) worth of junk.

Thanks in advance for your response.

@John Teachout

The city had been to the house before I purchased the house and as part of disclosures I had received the city inspection report that had specifically called out the unpermitted additions and alterations.

Thanks

Hello,

I will check with the city on Monday but wondering if I need to pull permit to demolish decks and shades in the backyard which were not permitted to begin with?

If not required, I would like to use the weekend to tear downs some stuff.

Thanks in advance for your reaponse.

@Jason Bott

Thanks. This is first time ever but sure, do send me your list, appreciate it.

@Jason Bott

Thank you for your response. where can one get such policy and does it have substantially higher premium than the regular home owners policy?

Hello,

As the house I am purchasing needs extensive repairs to rehab it, I am wondering if insurance companies would insure the house and if they don’t what are my other options?

Thanks in advance for your response.