What makes sense to change to effectively market our colonial?
forumuser1
8 years ago
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joaniepoanie
8 years agoSombreuil
8 years agoRelated Discussions
Does being my own general make sense?
Comments (14)With respect to background, it sounds to me as if you're about as prepared to be your own GC as anyone. I know there are folks on this forum who will insist that you should "let the professionals do it" but... As far as I know, there are no colleges or trade schools that teach how to be a general contractor. Nor do I know of any formal apprenticeship programs anywhere although there may be a few somewhere. Many states don't require that GCs even be licensed. Some require a license but getting one is a matter of sending in a form with your name and address, a signed avowal that you don't have any felony convictions, and a small licensing fee. That means pretty much every "professional GC" out there learned on the job. Many of them started out as laborers in a particular branch of construction, decided they could run a business in that branch for themselves so started up their own painting/framing/roofing/foundation/whathaveyou business, and from there branched out to general contracting. Basically the GC's job is to keep the work flowing along, he pull permits, secures insurance, schedules inspections, hire subcontractors (and, IMHO, SHOULD make sure the subs work is done correctly), order materials and make sure they're on site when needed, handles the cash flow, and keeps records. If you need financing for your build however, you will need to find out if your bank will work with an owner-builder. Many won't. A few will. If your bank won't work with an owner-builder, find out what you must do, if anything, to get licensed as a builder in your state. Then set up a "building company" and contract with your own building company to do your build. As for whether it is a good idea to be your own GC... ARE YOU AN ORGANIZED PERSON? Can you keep up with names, addresses, sales slips, bids, contracts, warrantys, timelines, material's lists, etc. Do you know how to make and use spreadsheets? Are you willing to spend time learning everything you can about housebuilding? Are you willing to spend time checking references of potential subs? Are you willing to spend time everyday at your site checking the work of subcontractors and keeping up with use of materials so stuff doesn't "walk off" - at least without you knowing it? Will your real job suffer from neglect while you build? Can you be tough when necessary without getting emotional? Can you deal with people who lie to your face without losing your cool? Have you ever fired anyone? Have you ever run a complex project of any sort? Have you ever supervised a dozen people all at once? If you can answer yes to the above questions, I'd say go for it. It sounds as if you have a support system in place (parents) who can help guide you thru the order in which things need to be done and figuring that out is one of the more intellectually difficult parts of being a GC. Having worked in many phases of construction yourself, you probably know enough to at least be able to tell when most jobs have been done correctly but you might look into hiring a GOOD third party inspector with experience inspecting new builds at various phases. Getting subs is NOT that difficult and my experience when I took over GC-ing my own house after firing my sorry-a55 builder was that subs/suppliers were as willing to give me builder discounts as they had been to give them to my builder. After all, unlike my builder, my credit scores are good and I was willing to actually PAY for materials when they were delivered and pay the subs as soon as the job was completed. And the money I saved stayed in my pocket instead of going into my builder's. I found that the most difficult aspect of getting subs was getting them to actually show up when they said they would. When you're a homeowner building a single house, subs will often put off finishing your job in order to go start a job with someone else. Basically, they want to "lock in" all the work they can and they figure that once they've started your job and have some of your money in their pocket, you have no option but to wait for them to finish the job. The way to handle that is to make sure they never ever have any of your money in their pocket and that your agreement with them gives you the right to rescind the contract without notice to them and hire a replacement if they fail to show up. Email me and I'll send you a list of the terms that I started insisting be into every Sub's contract when I got fed up with being the "lowest priority job."...See MoreGeothermal make sense for our house?
Comments (15)"Does anyone who is considering geothermal have a calculation comparing heating with gas?" I have a chart dating back to 2009, however it is Metric, in French and relates only to price structures in the Montreal Quebec region. It's the relative prices for different sources of energy broken down into the final cost per kW of heat delivered into the home. Here in Quebec there are 2-elecrtical rate structures available for residential customers. One is the single rate known as the 'D' rate and the other is the Dual Rate know as the 'DT' rate, available to clients having 2-sources of energy, one being electric (with HP as an example) and the other being carbon based. The way it works is those with the single rate pay about 7.46-cents/kW year round and those with the Dual Energy rate or Bi-energy rate pay about 4.33-cents/kW when the temperature is warmer than -12C (+10.4F) and about 18.44-cents/kW when the temperature is -12C (+10.4F) or colder. This is done for basically 2-reasons, one being not to stress the grid when it's extremely cold and the other to maintain a large supply of clean electricity to export to our American neighbours at a substantial profit. Back to geothermal verses gas, in 2009 and the prices haven't substantially changed, 1-kW of heat delivered into the house with the single rate and a 90% efficient gas furnace cost about 8.45-cents/kW. Single ratepayers with geothermal and COP-4, the cost would be about 1.87-cents/kW. Where it gets REALLY interesting here is the dual energy rate WITH geothermal. The basic cost of electricity remains at 4.33-cents for the entire year except for a period totaling about 2-weeks of the year when it's -12C (+10.4F) or colder, at 18.44-cent/kW. With a geothermal split heat pump unit and a gas furnace, geothermal clocks in at an unbelievably low rate when coupled to the dual energy rate. When it's warmer than -12C (+10.4F) the cost per kW of heat delivered into the house with a COP-4 is just 1.08-cents/kW and the gas never comes on. Even when the cost per kW skyrockets to 18.44-cents/kW with a COP-4 geothermal HP the cost per kW of heat delivered into the home is still only about 4.61-cents/kW. Remember that with geothermal there are NO defrost cycles - EVER! That when the backup gas does come on it is to assist the geothermal, not instead of the geothermal. So that when it's -30C (-22F) or colder, the gas and the geo are only on for a short while because they are on together, in tandem, the geo still at COP-4 and the gas furnace staged to whatever is required. This rate of only 1.08-cents/kW of heat delivered is the lowest rate I've ever seen for active heating. As a nice bonus, it's also the same low rate for air-conditioning in the summer, not to mention DHW production with a desuperheater especially when coupled through a buffer tank to an instantaneous gas DHW heater. Open loop geothermal with passive cooling would be about the closest thing to 'Free' at this rate as there would be no compressor running, only a blower and circulating pump! Rather long and convoluted but I hope this helps. SR...See MoreEffects of a remodel on marketability of my house
Comments (8)The primary determinant of value for any real estate is location, location, location. Talk to a local realtor about the impact that your plans might have in your location. In my location, eliminating a bedroom would lower the value more than the value of adding a shower to an existing 1/2 bath would increase it. There are a lot of safety features to incorporate with a second floor laundry. Such as an overflow pan or making the room a "wet" room with a central drain. And floor safe supply hoses. And a water alarm. So don't fret about having a second floor laundry if that's what you really want. It's more expensive and difficult to accomplish, but it's certainly doable if it will add greatly to your quality of life. Same with adding a full bath to the home. If it will add to your quality of life, then it's certainly doable at a price. NONE of those quality of life changes will make large changes to the overall value of your home though. In fact, taking away a bedroom is likely to decrease the value of the home in many buyers eyes. But, people don't generally do home improvement projects for future buyers. They do it to make things easier for themselves. At a price. And just consider it an expense, not an "investment". Yes, it can add more "appeal" at resale to have new finishes and a more updated look, and that can make the difference between being a 300K house on the market for 9 months vs a 300K house on the market for 5 months. It really comes down to whether or not spending 20K-30K on your home without "getting it back" would be worth it to YOU....See MorePositive Marketing (for a change)
Comments (4)I was 100% satisfied with the exchange. He knew it, I knew it and I Didn't see the harm in him getting an atta boy. It was effective at making me take the time to post feedback vs going back to what I was doing, cruising the net, laughing at idiotic statements. My guess is they only send it if conversation goes well. I didn't see an icon for stale beer if feedback was negative, ha. there is another thread by somebody asking why most feedback is negative and that's b/c dissatisfaction is a stronger emotion than satisfaction so more likely one will act on it. I just think somebody @ Jet.com recognizes this and put a little extra a@@kissing to get satisfied customers to post feedback. Good for him/her....See Moreforumuser1
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