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Fixing up a 1930's home
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Author:  acts [ Tue Jan 14, 2025 2:07 am ]
Post subject:  Resident Skeptic: Fixing up a 1930's home
My father lived in his childhood home, built by his father in 1937. Sadly, my dad was very strange when it came to normal things like home upkeep. That is a nice way of saying he was cheap. The home could use some serious upgrades. The roof leaks. The kitchen and the bathroom need to be completely redone. The front porch is sagging a bit and would need to be lifted. There is no central heating and air, but Fitjitsu ductless would probably work fine. Being as far behind as I am in saving for retirement, I am hesitiant to let this place go. If I sell it now, and split the money with my sister, I'll just blow through it in a year unless my emplyent situation improves. I have 2 semesters of school left and expect my situation to improve.I do not particularly want to live in the house. I have thought of going the Airbnb route, renting it to hunters, vacationers, etc. The tax appraiser shows the value at 74 K. My sister owes me money and would most likely sell me her share for 25k. I estimate another 30-40K to make it truly livable.So does my plan sound doable
Author:  acts [ Tue Jan 14, 2025 2:07 am ]
Post subject:  FLRon:
I think your plans are good except for the rehab costs. On a home that old and given you are going to uncover many more issues,you need to double your guesstimate. At least “Hell will be filled with people that didn’t cuss, didn’t drink, and may even have been baptized. Why? Because none of those things makes someone a Christian.”
Author:  acts [ Tue Jan 14, 2025 2:07 am ]
Post subject:  Link:
If you can financially afford to it for sentimental reasons, I can see why you would. But financially and in terms of taking up your time, I think selling it off to someone else makes a lot of sense. What are the chances your sister would pay you back otherwise? Think about that, too. Whether you spend the money in a few years if you sell it is just a matter of self-control. You could invest it, here on earth, or in the kingdom instead of spending it on steaks, jawbreakers and trips to the roller rink or whatever you are afraid you would spend it on
Author:  acts [ Tue Jan 14, 2025 2:07 am ]
Post subject:  Nature Boy Florida:
As for fixing up a house - if you don't have unlimited resources to do it - I wouldn't do it. Too many variables that could go wrong.Sell it if you can.If you are worried about blowing the money - just don't send it to Jesse
Author:  acts [ Tue Jan 14, 2025 2:07 am ]
Post subject:  Isa 58:12:
I wish I could help, that's all I do is fix up houses. & Just so you know construction is 90% common sense. If you have the time Google things on how to fix things cheap in a house. In all honesty, it's probably not as bad as you think. U should sees the houses that I restore that look like they need a match to be set to it Ps 122:6
Author:  acts [ Tue Jan 14, 2025 2:07 am ]
Post subject:  Cojak:
There is no right answer here. Isa is right in many ways, but that is only if you have time to do the work yourself. Hiring it done? Of course you would need your Sister's permission, right? That gets tough my friend.If it was YOUR house, and you were 'handy'. (i.e. being able to do every thing except H/AC.) io's say go for it. But if you ain't handy, Sell and use the money wisely.I just bought a 1958 home in Deltona 2 yrs ago for $42K. I did all the work myself it is worth $110 now. I invested 8k in materials and subs, but ALL labor was ME, I have 6 Saturdays and 1 Sunday every week, so I have the time. Some facts but mostly just my [email protected]/
Author:  acts [ Tue Jan 14, 2025 2:07 am ]
Post subject:  diakoneo:
If the foundation is good. If it does not need major electrical repair. (rewiring) If you don't mind sweating and learning knew things....you can do it! I would live in it and pay as I went buying good materials (you can get some pretty good deals on stuff from folks on craigslist. Shop around. You can do it!
Author:  acts [ Tue Jan 14, 2025 2:07 am ]
Post subject:  Isa 58:12: Re: Fixing up a 1930's home
Where is this house, what state? Maybe I could help u out. Hate to see you lose something you can rent out and earn extra money, everybody needs a place to live, and you would get all your money back that you put into i Ps 122:6
Author:  acts [ Tue Jan 14, 2025 2:07 am ]
Post subject:  Resident Skeptic: Re: Fixing up a 1930's home
Where is this house, what state? Maybe I could help u out. Hate to see you lose something you can rent out and earn extra money, everybody needs a place to live, and you would get all your money back that you put into it I'm in hot, hot Florida
Author:  acts [ Tue Jan 14, 2025 2:07 am ]
Post subject:  Isa 58:12: Re: Fixing up a 1930's home
Where is this house, what state? Maybe I could help u out. Hate to see you lose something you can rent out and earn extra money, everybody needs a place to live, and you would get all your money back that you put into it I'm in hot, hot Florida. I live in NC & have driven to Tampa FL plenty of times, not too ba Ps 122:6
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