Thank you for your advice, I was looking for advice on promoting my Video's on You Tube. I live in Canada & have been Flipping houses for 8 yrs, I have a book coming out in Oct, & do Seminars all over North America. In times like this is were you separate the men from the boys, Very few people get wealthy in good Times. Thank You
Loving your video's, I am Just starting out on You Tube. I teach Contractors & Investors on flipping houses. Any advice would help with my Video's. Thank you for your help & advice.
@renobible Advice? You want advice? I can't think of a worse market to be flipping houses. Deflation in prices and the STRINGENT financing requirements. Good luck!
@AsktheBuilder Not true. This is a great market for flipping, but you have to price in those issues when you buy the project house not when you attempt to sell it after its been renovated. The numbers have to work out otherwise it will not be profitable. You also have to plan on multiple exit strategies.
@1too3fore great market? come into 2011 not 2005 , flipping sucks unless you get a short sale bank owned, etc, only way you will flip and turn out a profit is you get it for next to nothing, and in not such distressed markets/states, we havent even bottomed yet, so why piss away your money when you chance it, and have no idea when it will sell , so on so forth,
@beast36001 I couldn't agree more. We are still deflating in the real estate market in many locations and the market of buyers is about to shrink again. Wait till you see what happens to inflation soon with food, gas, etc. rising. That's LESS to spend on a monthly payment.
Nice job, I am thinking of doing something like this. I am trying to find good ideas for my battery cabinet that is used by my home wind trurbine, it's in my basement.
Big fan Tim, but shouldnt you note that the primary reason for holding out from the blocks 3/4in, is so your studs and insulation dont sponge the moisture off the blocks and secondly... b/c of plumb issues? Keep the vids coming, we watch em'.
Yes, we use treated lumber on our bottom plates too. Secure them with glue and a Ramset. If your a DIY'er and don't have access to a ramset you can use cut nails, or case hardened nails. Be SURE to wear eye protection when pounding cut nails because they can spit off chunks of metal at high velocity. I have seen a guy get a chunk of steel in his arm pounding one of these nails.
I am getting ready to put up walls in my basement, but feel that wood studs are NOT the way to go b/c of moisture and mildew problems. So, I'm looking at going w/light weight steel.
If you have a moisture/mildew problem now, it is best not to finish your basement until that is fixed. After that, wood is the way to go. Metal studs will rust from the slightly damp air.
shouldnt pressure treated stock be a must against any concrete surface? Thats just what I have always gone by, but is it really needed? Thanks for the great pointers by the way tim...i just always thought wood in contact with concrete needs to be pressure treated stock.
Hmm.. the walls in my basement are not flush, because they didn't leave space between foundation...makes sense now!
TheNoisePolluter 11 months ago
Thank you for your advice, I was looking for advice on promoting my Video's on You Tube. I live in Canada & have been Flipping houses for 8 yrs, I have a book coming out in Oct, & do Seminars all over North America. In times like this is were you separate the men from the boys, Very few people get wealthy in good Times. Thank You
renobible 11 months ago
Loving your video's, I am Just starting out on You Tube. I teach Contractors & Investors on flipping houses. Any advice would help with my Video's. Thank you for your help & advice.
renobible 11 months ago
@renobible Advice? You want advice? I can't think of a worse market to be flipping houses. Deflation in prices and the STRINGENT financing requirements. Good luck!
AsktheBuilder 11 months ago
@AsktheBuilder Not true. This is a great market for flipping, but you have to price in those issues when you buy the project house not when you attempt to sell it after its been renovated. The numbers have to work out otherwise it will not be profitable. You also have to plan on multiple exit strategies.
1too3fore 11 months ago
@1too3fore great market? come into 2011 not 2005 , flipping sucks unless you get a short sale bank owned, etc, only way you will flip and turn out a profit is you get it for next to nothing, and in not such distressed markets/states, we havent even bottomed yet, so why piss away your money when you chance it, and have no idea when it will sell , so on so forth,
beast36001 10 months ago
@beast36001 I couldn't agree more. We are still deflating in the real estate market in many locations and the market of buyers is about to shrink again. Wait till you see what happens to inflation soon with food, gas, etc. rising. That's LESS to spend on a monthly payment.
AsktheBuilder 10 months ago
great improvement tips
basementdesignpro 1 year ago
Nice job, I am thinking of doing something like this. I am trying to find good ideas for my battery cabinet that is used by my home wind trurbine, it's in my basement.
WindEnergy7 2 years ago
my basement is going to be done tomorrow just got to put in the floor and the finishing touches.........looks like a mansion/theater lol
BosnianWarLord1 2 years ago
very nice. thanx much.
ArchiveStacks 2 years ago
if i have acces to lots of Blue skin should i do my basement walls before I frame it up? its free...
12gaugesurgeon 2 years ago
Good tip.
Stan1208 3 years ago
Big fan Tim, but shouldnt you note that the primary reason for holding out from the blocks 3/4in, is so your studs and insulation dont sponge the moisture off the blocks and secondly... b/c of plumb issues? Keep the vids coming, we watch em'.
hattrick2516 3 years ago
Good point. My thought was that by default that would happen. Many more videos are in progress. Thanks for commenting, that was great advice.
AsktheBuilder 3 years ago 2
thank thank me and my wife love you
Mclovinhefner 3 years ago
Yes, we use treated lumber on our bottom plates too. Secure them with glue and a Ramset. If your a DIY'er and don't have access to a ramset you can use cut nails, or case hardened nails. Be SURE to wear eye protection when pounding cut nails because they can spit off chunks of metal at high velocity. I have seen a guy get a chunk of steel in his arm pounding one of these nails.
emutiny 4 years ago
interesting video
bestcontractor 4 years ago
I am getting ready to put up walls in my basement, but feel that wood studs are NOT the way to go b/c of moisture and mildew problems. So, I'm looking at going w/light weight steel.
pdr104 4 years ago
If you have a moisture/mildew problem now, it is best not to finish your basement until that is fixed. After that, wood is the way to go. Metal studs will rust from the slightly damp air.
egerrits 4 years ago
shouldnt pressure treated stock be a must against any concrete surface? Thats just what I have always gone by, but is it really needed? Thanks for the great pointers by the way tim...i just always thought wood in contact with concrete needs to be pressure treated stock.
leonjenkins 5 years ago