All Forum Posts by: Ryan R.

Thanks Manuel. I was hoping to get some estimates to compare my costs, especially with investors here in Texas. I did most of the work myself. Trying to figure out if it was worth my time.

Bump. Can someone help make these links work?

New door location, plumbing and electrical entirely replaced.

Before [http://www.youtube.com/watch?v=x0va6hGXJrI]

After [http://www.youtube.com/watch?v=6xfeQdQhHuI&feature=youtu.be]

Carlos F. thanks, I was unfamiliar with that term although I think I may have seen that once before.

Edita D. Now that I think about it, a plumber should be able to detect any plumbing issues just like Jon said.

The first test is a pressure test. The plumber uses an air compressor to pump air into the water supply lines from the shutoff. If the lines hold the pressure then you know that the system is not leaking.
The plumber can also use a camera scope to inspect the waste lines. These two tasks should detect any plumbing problems.

Edita D. Do you know if the foundation is concrete pad or pier and beam? This will make a difference in repair costs.

Jon Klaus, my biggest fear with these houses is compromised plumbing. Have you experienced any problems when you correct the foundations?

I understand. If you asked me for a loan, I wouldn't be asking too many questions either..

I just may have to do that. My wife needs a get-a-way.

Thanks Jon. I was attempting to build a house a few years ago and was told by a few lenders that I needed to obtain a Texas GC license. I guess that may not be a Texas requirement, just those lending institutions' requirement.

I've got some homework to do now, thanks.

BTW, your caddostar ranch looks nice. Hope to have a place of my own like that one day.

Scott Bartlet it sounds like you are being very selective and cautious; I like that.

Most other investors are probably passing because it's too much work too. There may come a point when the bank is willing to let this thing go at a price that will allow you to perform repairs and still make a profit. You'll only know what that sales price is if you get estimates for repairs..

Keep us updated on the other deal you mentioned as well.

Jon Klaus how are your deals structured? Are you the GC? How difficult was it to obtain the license for Texas? Or are you doing a cost plus with a GC?

Mark H., I understand about Holmes, there are often things he says that are not fully explained.

George Paiva, I almost bought some of this wood tile through builddirect. I ordered some samples and had my uncle look at them; he's a tile guy with about 20 years in the biz. He's the one that told me about through body porcelain. He was actually impressed with the quality "through body porcelain" for the price. I think these were about $2 a sq ft.

I ended up putting down 12mm laminate though. Tenant loves it, it's easier on her joints, and so far it's held up very well. Time will tell...