If you build, it will sell. There is a housing shortage almost everywhere now. You may shat your pants when you see the high cost for building a house today. My daughter's 3 bedroom 2 story house built on her owned lot 3 years ago was $265k to build. That was with a geo thermal heating system. Last year the town valued it at $515K. She also had the garage foundation put in. Last Fall she had the attached 2 car garage built. That 2 stall garage was $85K. Contractors are ripping people off. I told her that she was nuts to have hired tat guy. She said that 3 contractors all had almost the exact same price.So, I’ll bounce these two ideas off the guys who’s opinions I value
Last fall I was able to grab a building lot in a gated community in Pennsylvania for a song and a dance
I could list the property and current market values, probably net 8-9 grand
My dad and best buddy are telling me to build a house on it and sell it.
My pal said, “you wanna make 10g or 100g?”
My dad says, no risk no reward
I know the payoff can be big if I go big, but it’s a big gamble to invest 200 to sell for 300, what If it doesn’t sell right away….
I mean I’m sure it would as the market for that area has non “new” homes selling for more. But I’m sure you guys know what I mean by being a little nervous
Or, do I just sit on it for a bit??
FIXED!!!Sell it and reinvest in GUNS!
No parking lights, no dash lights on the heater control knobs or shift indicator. The Radio lights and gauge lights work. The auto light position works. Leaving the light switch in the parking or headlight position when you shut the car off makes the lights on alarm go off. That tells me that the light switch is working. Thanks for the wiring diagram. I will check pin 87 for power. That is the pin that feeds the parking lights. I have no power at the actual parking lights wire coming out of the panel. I did swap out several breakers with #27.Here's a wiring diagram. Do the front parking lamps work?
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I was gonna say jetskis after his previous comment. I also thought about guns, bit he'll just buy them and never sell them lol.FIXED!!!
Isn't that what an investment is? LOLhe'll just buy them and never sell them lol.
Jump pin 30 to 87. The lights should work. If not there's a problem in the basic lighting circuit. If they work it's a problem in the control side of the relay or the relay.No parking lights, no dash lights on the heater control knobs or shift indicator. The Radio lights and gauge lights work. The auto light position works. Leaving the light switch in the parking or headlight position when you shut the car off makes the lights on alarm go off. That tells me that the light switch is working. Thanks for the wiring diagram. I will check pin 87 for power. That is the pin that feeds the parking lights. I have no power at the actual parking lights wire coming out of the panel. I did swap out several breakers with #27.
Do you need the money right now or not? Can you afford to build a home on spec for that price? Can you afford to sit on the home for a few years if the interest rates go up while paying HOA fees if there are some, taxes, upkeep on the home etc? How about building costs? Lumber and other building commodities skyrocketed during Covid raising building costs to the point contractors raised their price to finish or just paid out a non completion penalty as it was less than the material inflation costs and walked off. Can you afford to dump $100k into a house then be left scrambling for someone else to complete it at the new materials cost? Lot's of people do it but only you can decide if you can afford it. Budget it out and include the average sale time of the homes in the community with what it would cost you to keep the home that long plus a buffer in worst case scenario. Building a spec house is a good way to make money but most of the guys I know doing it are contractors themselves so are doing it for cost and can sell cheaper for the same profit others do plus the cash flow to sit on it if they have to.So, I’ll bounce these two ideas off the guys who’s opinions I value
Last fall I was able to grab a building lot in a gated community in Pennsylvania for a song and a dance
I could list the property and current market values, probably net 8-9 grand
My dad and best buddy are telling me to build a house on it and sell it.
My pal said, “you wanna make 10g or 100g?”
My dad says, no risk no reward
I know the payoff can be big if I go big, but it’s a big gamble to invest 200 to sell for 300, what If it doesn’t sell right away….
I mean I’m sure it would as the market for that area has non “new” homes selling for more. But I’m sure you guys know what I mean by being a little nervous
Or, do I just sit on it for a bit??
What tools came with the suite?Been staying at the Crystal Springs resort in Hamburg NJ the last few days . Wife had a corporate job doing her yoga and meditation for the upper management of a large Japan based corporation. Three days in a two tool suite all inclusive and what’s nice the company is paying for it . View attachment 1248016View attachment 1248017View attachment 1248018View attachment 1248019View attachment 1248020View attachment 1248021View attachment 1248022
https://www.crystalgolfresort.com/
Fixed itYou said it was a two tool suite.![]()
Yes, inquiring minds want to know lol.What tools came with the suite?