Random Thoughts - Part Deux [NO POLITICS]

[humfrz]

Originally Posted by p1l0t

I am waiting on the post-inspection requests (if any) and the appraisal for my old house that used to rent out before they made evictions illegal. Supposed to close before May 14th. I got the offcial offcial warranty deed signed from the town and everything for the land I bought a couple months ago too. So once the money hits my bank account I get to start building (if I can do it without upsetting the wetlands people)...

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So, do you have the building permit?

[Tcoat]

Originally Posted by spcmafia

So I sold the Q300 yesterday to one the most pleasant guys out there. The little kid came out of me because this guy had an unbelievably nice twin. R.B kit, Battle Aero wing, and I was acting like a little kid seeing cars for the first time. The worst-best thing was seeing his HKS supercharger, because now I'm obsessed with SC the BRZ, I just have to, no idea how I'm going to afford it, but is definitely next of my list. Probably in a few years. I'm done adding things to the car since I got everything I wanted.

I believe you can get one from Irace pretty cheap right about now.

[spcmafia]

Originally Posted by Tcoat

I believe you can get one from Irace pretty cheap right about now.

Bad juju. Then again, he was pushing way more power than I'm willing to experiment with.

[cjd]

Originally Posted by Tcoat

I believe you can get one from Irace pretty cheap right about now.

I was reading his story thinking "oh, maybe I should buy it" before remembering I probably have another HVAC to replace this year, plus a dishwasher and maybe a water heater (sewer guys dug up our water line and we got all sorts of sand in the line, and I can't seem to get the tank to flush more... Probably previous owners never did and it's full of scale...)
Plus another 6-9k second property tax bill... And that's just the stuff I know about!
Guess I get to keep dreaming! But it sure is tempting. Mostly boredom induced though, I think. Different class for racing, can experiment with aero then too...
Oh right. Fence and gates need attention. Need to sort some electric issues in the house.
Yay life!

[NoHaveMSG]

Originally Posted by cjd

I was reading his story thinking "oh, maybe I should buy it" before remembering I probably have another HVAC to replace this year, plus a dishwasher and maybe a water heater (sewer guys dug up our water line and we got all sorts of sand in the line, and I can't seem to get the tank to flush more... Probably previous owners never did and it's full of scale...)
Plus another 6-9k second property tax bill... And that's just the stuff I know about!
Guess I get to keep dreaming! But it sure is tempting. Mostly boredom induced though, I think. Different class for racing, can experiment with aero then too...
Oh right. Fence and gates need attention. Need to sort some electric issues in the house.
Yay life!

Reality sucks.

My plan was to go W2W with my car, but the more I dug into it ultimately I can't afford it I'd be doing like 4 events a year and not have a streetable car anymore. If I stick to TT and track days I still have a streetable car to enjoy on the weekends and I can afford to do more events.

[Spuds]

Originally Posted by cjd

I was reading his story thinking "oh, maybe I should buy it" before remembering I probably have another HVAC to replace this year, plus a dishwasher and maybe a water heater (sewer guys dug up our water line and we got all sorts of sand in the line, and I can't seem to get the tank to flush more... Probably previous owners never did and it's full of scale...)
Plus another 6-9k second property tax bill... And that's just the stuff I know about!
Guess I get to keep dreaming! But it sure is tempting. Mostly boredom induced though, I think. Different class for racing, can experiment with aero then too...
Oh right. Fence and gates need attention. Need to sort some electric issues in the house.
Yay life!

I must have missed it, did he blow up his engine?

Edit, Nevermind, I found it

[Spuds]

Got car parts today I was thinking wouldn't get here until next week. +5 points for USPS.

[p1l0t]

Originally Posted by humfrz

So, do you have the building permit?

Not yet... need to have some money first before I start trying to come up with building plans. I spent all my cash buying the land so selling the other house is the only way I can afford to build. I have spoken to the town planner though about the property and he gave me some suggestions so fingers crossed. Once the money hits the bank then I will start dealing with the builder and the town.

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[spike021]

Originally Posted by Spuds

Got car parts today I was thinking wouldn't get here until next week. +5 points for USPS.

Lucky. I have two pieces waiting in Japan because EMS is still stopped due to COVID related logistics. My friend checked UPS back in like February, but it'd be $200.. I'd love to get them but I don't think I'm that desperate. I think once EMS is running again the shipping cost would drop to maybe $60-100 at most?

[humfrz]

Originally Posted by p1l0t

Not yet... need to have some money first before I start trying to come up with building plans. I spent all my cash buying the land so selling the other house is the only way I can afford to build. I have spoken to the town planner though about the property and he gave me some suggestions so fingers crossed. Once the money hits the bank then I will start dealing with the builder and the town.

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Sounds like an interesting adventure.

So, will your house be on septic or can you connect to a sewer system?

City water or a well?

[p1l0t]

Originally Posted by humfrz

Sounds like an interesting adventure.



So, will your house be on septic or can you connect to a sewer system?



City water or a well?

City water/sewer, natural gas, although I want to do solar roof and geo-thermal heating if the cost isn't too crazy.

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[soundman98]

Geothermal guys still recommend having a standard heater because the ground loop can't always keep up. About doubles the cost of the system.

And I haven't checked in a few years, but the typical life expectancy of solar panels is about 10 years, where the break-even point on install costs was hovering around 12-15 years...

[nextcar]

Originally Posted by p1l0t

Not yet... need to have some money first before I start trying to come up with building plans. I spent all my cash buying the land so selling the other house is the only way I can afford to build. I have spoken to the town planner though about the property and he gave me some suggestions so fingers crossed. Once the money hits the bank then I will start dealing with the builder and the town.

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You may want to take out a construction loan even if you have the cash...

Cost overruns are a given...
When you need something done to keep the build on track cash is king... but:

It is very common for contractors to have cash flow problems and delays... they WILL pressure you for money before tasks are completed

Banks are neutral and will not release payment until the task is done and signed off/inspected. Contractors know they can’t play the pity game with a bank.

Look into it

[nextcar]

Originally Posted by p1l0t

Not yet... need to have some money first before I start trying to come up with building plans. I spent all my cash buying the land so selling the other house is the only way I can afford to build. I have spoken to the town planner though about the property and he gave me some suggestions so fingers crossed. Once the money hits the bank then I will start dealing with the builder and the town.

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Do you have an architect? Have you built a home before?

Things may be quite different for you, but for me the process is more like:

1) Survey
2) Soil testing
3) Architect draws up preliminary plans
4) Civil engineer does grading/drainage plan
5) File for permits (grading, building, water/sewer, etc)
6) File with the coastal commission (pretty sure this does not apply to you ;-))
7) Public notice/hearings...
8) Structural engineering
8) MEP (Mechanical, Electrical, Plumbing) plans
9) Builder's plans

Roughly 1.5 years before breaking ground. Ugh!