All Forum Posts by: Tom Sutherland

Anchors are easy to put in. Look up wedge-it's or redheads  probably cost 30 bucks for a box of 50 1/2"x6" and alls you need is a hammer drill or if it a basement or crawl then a 90 degree angled hammer drill available at most tool rental stores.

These 3/8 ones will work also

https://www.zoro.com/red-head-wedge-anchor-carb-st...

Tom

Dumb question. You wholesaled a property which is basically being a middleman. Wouldn't that be earned income? Isn't wholesaling like being a realtor? Except no MLS listings etc etc.. You found a property not on the Mls you then found a buyer. They paid you a finders fee how is that a Capitol gain and not earned income?

Tom

I been looking at a lot of property. Every vacant bank owned house I have looked at has some mold. With no heat or AC running it's very warm and moist inside these houses. This can't be a new thing and I'm sure all experienced investors have run across it.

 What has been the normal average obstacles people came across to fix the mold?

Did you have to gut the entire house? Or just treat the areas on the drywall?

What was the average cost?

Any replies are appreciated.

Tom

Wood beam! I am not a structural engineer but the cracking on the outside looks like house settled a little. I see water damage spots on inside ceiling? I would think them wood beams can get cracks. You ever see a railroad tie? They get cracks like that all the time.

In Illinois you can fire block with fire caulk or foam. If you are putting stainless appliances , granite, and hardwood use the 80-85 dollar a sq ft for budget purposes. 

Column probably isn't solid concrete. Usually it's framed in and then wrapped with brick or stucco or a concrete cosmetic..

Is that concrete? Looks like dryvit/stucco. The house walls are built from concrete? Or traditional wood frame and dryvit /stucco finish?

A nice article from 1986!

http://articles.chicagotribune.com/1986-09-26/entertainment/8603120157_1_floor-steel-string

Here's a sample . 

https://www.google.com/shopping/product/11736976223188872221?lsf=seller:8740,store:9385195826823063401,lsfqd:0&prds=oid:7064357164165335868&q=Tiger+Brand+Super+S+7+ft.+9+in.+Jack+Post&hl=en-us&ei=X_uDV-uqKcKo-QGJqIaYAw&lsft=cm_mmc:Shopping-_-LIAs-_-D22-_-100540359&lsft=gclid:CM67jJya7M0CFRIoaQod--AMsA

They make adjustable lolly columns. Find the highest spot on the floor then jack up the low areas to match it down in the basement/crawl using the adjustable columns. 2x6 floor joist shouldn't span more than 6' or so. Add doubled up 2x8 or 2x10 in areas needed to help support.

Tom