All Forum Posts by: Lili Thompson

Hi Derek, I’m sorry to hear about your parents’ passing and the difficulties surrounding that. I wish you all the best in beginning your real estate journey again! 

I’m a new investor here in Tulsa and would love to be added to your buyers list. Shoot me a PM so we can get connected :)

@Mason Jeffries 

Thank you for this info! I will look up the IRC documents as well, but this definitely gets me off to a great start for things to check. 

It's an up-down duplex already, so I'm hoping that finishing the basement won't be a problem in terms of zoning. I also know the seller said the ceiling height is 7 feet, but now I'll be sure to check if there will be room to put in finish the floor and ceiling and maintain that height.

Again, thanks so much for the great info! 

Best,

Hi @Victor S.

Thanks for the advice, I will be sure to ask about permits.

Best,

@Tom Parris 

This is great advice! I will definitely do that and make sure to ask about the permits.

Thanks again and happy investing! 

Hi BP!

First, let me say thank you! For the last year and a half, this community has been a wonderful place for learning as well as support.

I'm happy to say I am under contract and have been pre-approved for my first house-hack! It's an 2500 sq ft up-down duplex in a great part of town, and it has an unfinished basement that's about 1100 square feet.

MY QUESTION IS THIS: Does anyone know where you can find the Oklahoma requirements for what a finished basement needs? (ceiling height, egress, etc.) 

Thanks again!

Lili

Hi BP!

First, let me say thank you! For the last year and a half, this community has been a wonderful place for learning as well as support.

I'm happy to say I am under contract and have been pre-approved for my first house-hack! It's an 2500 sq ft up-down duplex in a great part of town, and it has an unfinished basement that's about 1100 square feet.

MY QUESTION IS THIS: Does anyone know where you can find the state-specific requirements for what a finished basement needs? (ceiling height, egress, etc.) I live in Oklahoma by the way, if anyone knows those specific requirements.

Thanks again! 

Lili

@George W. Thanks for the congrats and the response. Of course they would be paid! For time, tools, knowledge, and any labor they put in. And while it may be a smaller project, I'm sure it beats nothing for something who isn't on a job site already and would otherwise be at home on the couch with the tools sitting in the garage for the weekend. Not a loan, a business transaction.

@Dave Charron thanks for the response! That's definitely plan B.

Hi everyone!

I have a small rehab that needs to be done on a property I'm closing on soon.

Needs about 1,000sq ft of wood tile flooring, dry wall patching in a few places, wood floor sanding and repair, and a few other small things. 

I'm looking for a "consultant" for the project, who would provide expertise and tools, while I'd provide the labor, materials, etc as well as compensate them for their time. 

Timeline is starting ASAP and completion in the next 45 days.

Hi BP community!

I hope everyone is well.

Since starting this journey a bit over a year ago, I've made a ton of progress and am newly under contract for my first property :)

I have a small rehab that needs to be done on a property I'm closing on soon.

Needs about 1,000sq ft of wood tile flooring, dry wall patching in a few places, wood floor sanding and repair, and a few other small things.

I'm looking for a primarily DIY project, so I'd be interested in finding a lead "consultant" for the project, who would provide expertise and any tools, while I'd provide the labor, materials, etc as well as compensate them for their time.

Please let me know if you'd be interested in working on this project with me or if anyone else comes to mind!