I sold a good portion of my smg winnings (chainlink og suicide stack) to buy my first house at age 36. nice neighborhood, no real issues with the inspection, and low $30/mo hoa. and fuck there are so many problems i would have never seen, like the sprinkler system being fucked (inspections dont cover that wtf), weird circuit issues like certain lights flickering when other lights are turned on. this house was $650, and ive already spent ~$35k on repairs (that i never budgeted for) and now i cant afford anything. does it ever get better?
>>61311355I bought a house in 2019 and managed to put 2 rental properties on itI also made like 500k in stocksI don't work anymore lmao
>>61311355Also if you don't do house stuff yourself DIY you're retarded
>>61311367what’s your interest rate?
>>61311355thats normal. the problems never end btw. youll be fixing shit until youre dead.
>>61311374im trying my best it’s just a shitload to learn. been practicing with drywall lately, i feel comfortable replacing it but not doing the texture. also i replaced an outlet lol. ive always been good with computer stuff, not handiman stuff. it’s hard
>>61311355nope. a properly maintained house (and lawn, don't forget that) requires constant time and/or money. thousands upon thousands. even a paid off house is no time to relax. you gotta work work work to pay to keep the house in tip top shape
>>61311355you got yourself a dogshit inspector, pay the premium for a better guy next time
>>61311355I probably spend $1k a year maintaining my house and half of that is paying for someone to clean the gutters twice a year.
>>61311355congrats, you are now house-poor
>>613113804%>>61311393I do everythingFraming, electrical, drywall, plumbing, heating/cooling, flooring etcIt's not hard man
>>61311355 > HOAYou don’t own shit
>>61311480ive probably spent over a thousand bucks at lowes just in the past two months buying tools and shit. so dont forget the upfront costs to DIY
>he spent $650k on a cardboard shack thrown together by 70iq goblins and then $35k more for "repairs" by other low iq goblins
>>61311367>put 2 rental properties on itAny specific zoning restrictions or hoops you gotta jump through? I’m looking for some acreage now in low regulation states but still learning.
>>61311832Kek
>>61311393Ignore that guy most people do not actually do all that. It is in fact a real pain to handle all that not to mention costly. If I was to handle all that I'd probably have a bunch of random issues in how stuff works cause Id be a total amatuer. And its infrequent enough that you wont be an expert over night.
>>61311847I live in an area that lets you have 3 units on any property
>>61311393>also i replaced an outletUhhh anon I highly recommend getting an electrician. Idk what your reason for changing it was but you do not want an electrical fire happening.>>61311832This right here is the problem, man they can be white too and it'd still happen. More than enough businesses want profit and may very well cut corners. The end result is various issues in the plumbing, electrical, or maybe even annoying structural issues from the way the house was built.
>>61311907>Uhhh anon I highly recommend getting an electrician. Idk what your reason for changing it was but you do not want an electrical fire happening.Bro... All it takes is to turn off the breaker and switch 3 wires over to the new outlet.
>>61311907an outlet is like three wires it’s not hard
>>61311545>electricalbuddy I know you didn't wire stuff correctly and your house will burn down
>>61313929this, loldoing unlicensed electrical work on your home, great ideaif you ever wanted to sell, you'd have to disclose that fact. massive value loss
>>61311682retard
>>61311917>>61311940You guys cant be serious right? Im not an electrician but I'm sure it is more than that. Maybe more if there is a region where wires connect into a centralized area prior to reaching the circuit breaker. You do understand that messing up on setting this stuff up right can in fact cause an electrical fire right?
All of these homes owned by Boomers and/or used as rentals are going to have to be gutted. Especially the ones sold off after the owners go to the old folks home or die. If you've ever seen the condition of a house that a 70+ year old person lived in, you'll understand. They move between the bed, the kitchen, and the recliner, and the rest of the house disintegrates around them, due to lack of money or general apathy. Rentals are the same way. The owner doesn't want to or can't fix things, everything is done by their handyman Jorge who gets paid in cash. Smart landlords come to a silent agreement with tenants - if you don't complain, I won't raise the rent. AKA "If I don't see it, it didn't happen." Five years later, the tenant moves out and they finally do an inspection, and see that the place is practically destroyed. Even if landlords are made aware, no way in hell do they have enough money to do preventative maintenance - they are HELOC flipping down payment queens. No cash flow at all! All of their rental "income" goes to a car lease. They will reluctantly replace an AC unit or anything else that could put them in legal trouble, put that on the credit card. But replacing a window? Nah, Jorge will just put some silicone sealant on it, it'll hold up until the end of the lease.Yeah all of these "forever investments" are going to look real bad once they're put on the market and people can see what's inside. We're just waiting until the last possible moment to open up these stagnant refrigerators filled with rotten food. You know what's lurking inside, but as long as you don't open it, you can pretend it's okay.
>>61314111checkedthey are suffering from dunning kruger effect
>>61314111also if your house burns down because of shitty electrical work you did, guess how much insurance money you're going to get
>>61311940The wattage on it is important. You do not want to go from an outlet that handles lower wattage to installing a higher wattage one without upgrading all the necessary wiring going through the house. That is a recipe for an electrical fire if not done right. Im too paranoid to even risk changing out the outlet on the off chance I misunderstood something. Though I also dont want to risk electrocution even if the power is shut off entirely.
>>61314125Iirc I read that homes need their entire wiring replaced once every 20 years. Almost no one does that and it likely ruins how the walls look. Not to mention if you end up with a shitty electrician it might end up with something done wrong
home inspector told me:you can screw around with water and other things, but hire a pro for anything electrical. i've stuck with that advice.1st time home owner for a few months. i didn't know anything about owning a home and doing repairs. chatgpt is a miracle. *snap picture* ask wtf is this? how do i fix it? --- check twice for accuracy. i've done so much stuff around the house and yard this way.next jobs would be 1) tearing up old carpet in basement and replacing with vinyl flooring and 2) fixing drop ceiling in basement, probably replace framing and panels.not sure if it's worth trying either myself or just pay the contractors.
>>61314271>photographing the inside of your house and giving the photos to chatgptISHYGDDT
Exact same feeling as OP. It sucks, but the key with a house is that it is pretty much guaranteed to keep appreciating in value by 3-5% a year, and you're not paying rent-- which in fairness is often washed out by these costly repairs. So although you don't really feel the rebate/windfall until you sell, usually when you're super old and retired.
>>61311355Housecels on suicide watch.
>>61314327oh no. like i give a fuck that chatgpt has random pictures of parts of my house and yard. so do dozens of realty sites, satellites, and freaking Google street view has some gorgeous ones.
>>61314334>the key with a house is that it is pretty much guaranteed to keep appreciating in value by 3-5% a yearthe fact that literally everybody thinks this now is proof we're in a bubble
>>61314334Yeah man, same thing with my Honda Accord
>>61314334It's not appreciating in value, the currency you measure value in is degrading.
>>61314578that’s pretty much fine though, at least in this instance, because you lock your mortgage into the value of the dollar at a certain point in time. if the dollar halves in value, you pay half as much for the same house.
>>61314698when every other cost of home ownership goes up commensurate with inflation, it doesn't really benefit you all that much
Comfy in my 650 bucks rental capped at 2% yearly due to white people making the laws in this country, meanwhile im buying actual assets that are liquid and maintanence free/doesnt require upkeepthank god
>if you ever wanted to sell, you'd have to disclose that fact.> You guys cant be serious right? Im not an electrician but I'm sure it is more than that.Reddit; the thread.What’s up with the influx of Plebbitors?
>>61315147>people post intelligent things>hurr durr, they must be REDDITsorry, i forgot only retardation was allowed here
>>61311355>and ive already spent ~$35k on repairsThat's nothing. I spent $50K before I moved in . Windows were old crap and had to replace all of them , needed new kitchen and had to redo master bathroom (also was old and crappy), etc.
>>61314271>you can screw around with water and other things, but hire a pro for anything electrical.If you ever worked with software or anything technical (hardware etc) It's the other way around. If you don't want water leaks 3-5 years down the road, hire an expensive plumber that understands stuff. Electrical is not hard. Water leaks all over your house are annoying.
>>61317970telling people to do their own electrical work is so retarded and dangerousplease stop trolling
>>61311355you can either pay the costs of home ownership which amount to a few hundred dollars a month and keep 100% of the appreciation or lose 100% of rent. rentoids like to imply there's some third option, unless you're going to live under a bridge there isn't. up multiple millions from buying RE post 2008 and have a stable of rentals.
>>61318166larp
>>61314125truth right here. buddy of mine bought a house for 390K and will need to put 100-150K into it before its how he likes and isnt run the fuck down.pretty sure the home inspector just drove by it to see if it was still standing
>>61317957u redid the master and kitchen for all under 50k? sounds like a bargain>>61317970this tracks. you can easily watch a youtube vid or two on replacing a gfci outlet or a light switch. you arent even touching the wires in the house, just a receptacle that fits onto the end of them. but plumbing shit? fuck no you need all sorts of tools, techniques, glues, etc
>>61318385replacing the plastic over an outlet is not electric work, that's true.
>>61311355If you learn how all your systems work and maintain them as needed then it can be manageable to fix things as they break. Obviously you can't do stuff like install a new HVAC system or roof, but a lot of stuff you can do yourself and not have to pay someone. There are YouTube videos for everything.
>>61311355Flickering lights? You need a priest. Or if you want to save money just a Bible
>>61311866Well most of us don't pay attention to something until it breaks. Then at that point you are panicking because you want your shit to work so you mess around with stuff instead of taking time to learn how to do it right and run the risk of making it worse.When you hire a professional to fix your shit, watch everything they do and ask them questions. They are usually happy to talk about what they do and how your stuff works. That way you know how your house works and you can confidently fix problems the next time they arise.I recently had to fix my garage door, my boiler, and my well pump. When the professionals came, I didn't just leave and let them work. I watched everything they did and it was very easy to understand and follow everything they did. Now I know exactly how all these things work and what do to when there is a problem. It's not difficult at all if you take the time to learn.
>>61314111If you fuck things up with your wiring that's usually evident the moment you turn the breaker on.
>>61314271Electrical isn't that hard either. It's just something that can horribly wrong if you have no clue what you're doing. It can kill you or set your house on fire. If you take the time to learn how it works it's pretty basic stuff. You just have to check everything several times and be 100% sure that it's done correctly.
>>61318439or you can pay an electrician like a normal person and not risk losing everything in a house fire that your insurance won't cover because you tried to be a handyman like an idiot
>>61314271Carpet and drop ceilings are easy as shit to tear out. It can be done in an afternoon. Vinyl flooring is easy to install as well. Personally I'm a fan of unfinished basements so I'd just leave it alone.
>>61311355Homes are like boats, planes, and women: better to rent than own
>>61314727If the alternative is paying someone else's mortgage plus profit then obviously it's going to be a better deal
>>61318454rent does not cover mortgage + profit, not these days
>>61314125Sounds like you’ve been snooping around my uncle Pyotr’s house
>>61318454Only Boomers that bought decades ago make profit.If you buy today you will pay almost double what it costs to rent. It makes literally no sense financially to buy.
>>61318446Depends on the job. Stuff like installing new light switches and ceiling lights is pointlessly easy and the only way you would fuck it up is if you do something utterly retarded like not connect wires or mismatch the colors.
>>61314222You're a weak handed retard. You should just go ahead and an hero or rent a unit where you don't have to do anything. While we're at it find someone to chew your food, think for you and hold your hand to cross the street. Fuck me the ever loving estrogen coming off of you, you have no business owning a home, let alone a car or even a co signer electronic. PussyOP learn to DIY, retards missing teeth do it. Material is cheap. Every once in a while you might need to ask a friend or hire a pro, but you need to know every aspect of maintaining a home on you're own to assess the value of those you hire. You'll be living somewhere the rest of your life, time to learn how to maintain a home.
>>61318468Where? Keep in mind that when you buy a part of your payment goes towards equity in an appreciating asset. You aren't pissing away 100% of your money like you do when you rent.
>>61318476where? literally everywhere in the US lolexcept maybe middle of nowhere towns
>>61314271That shit is easy mode and none invasive. Fuck up a board? Bad mud line? Do it again, material is cheap.
>>61318476I'm in Australia and to buy I'd pay almost double my rent for the mortgage, even more when you include all the other costs.It's not pissing away money. Whatever you pay down on the principal is way less than what you could be investing in BTC or your chosen asset that will majorly outperform housing.
>>61318405Shingles were easy, had a buddy show me the pattern and help with some step flashing. Rest was easy. People missing teeth do it, crackheads do it
>>61314189Its true. An oft overlooked spec is the joules rating as well.>>61314222This. Copper oxidizes so much faster in the current world climate. Look at the wiring and battery terminals on a 20 year old vehicle- often knarled and profusely oxidized.
>>61311907retard alert
>>61314111Dude, it’s a fucking outlet. Is this post real? It’s like being afraid of changing your own oil. You take a fucking filter out and put another one in you stupid fucking nigger.
>>61311367Never fully retire man, thought that i'm safe with my 1.6ish but it aint enough
>>61314485it just means the currency is junk and everyone has agreed
>>61318078Who is this retdarded zoomer that is afraid to do the most basic diy job of replacing a fucking outlet?
>>61311393Dont listen to retards who tell you to DIY anything electric, lmao
Reading this thread has given me a headache. Working on your own house is easy and selling it later on isn't a big problem. I finished the basement of my old house without any permits and never disclosed it because the market was too hot for anyone to give a fuck.
>>61314125>all of these "forever investments" are going to look real bad once they're put on the market and people can see what's inside.And the buyers (you) will have no choice but to repair these houses, and you'll be happy to buy them cheaper than the usual houses :)A diamond in the rough! Location location location! lol
>>61311355should have gotten a new condo.>no lawn or yard to maintain>since its part of a shared building no maintenance on your part really>keeping a 1400 sq foot condo is easier to clean and maintain on your own than an entire housecondo life is the best
>>61318280Anybody who doesn't stand over their home inspector and ask questions during the inspection is taking a huge risk. If a home inspector won't allow you at the inspection, but only "at the start, and at the end" then I'd be highly suspicious. The inspector I used spent 3 hours at the house and I was asking questions as he went.
There’s literally no reason to buy a house anymore but to rent it out to people who can’t afford a house either. And then rent hike to get continuously new people in until the house is paid off and their rent is covering your rent + expenses
>>61311355congrats now you understand why the landlord deserves a tip
>>61320168>if condo is not full, you have to pay for the rest of the building>have to deal with noisy neighborslol
>>61319693nigga do you have any idea how many retarded ways people have come up with to wire a lamp? and now multiply with every time you have multiple switches controlling a single lamp
>>61320416That's wiring for a light at staircase so you can turn it off from the top or bottom of the stairs
>>61320416You cant follow that diagram? Lmao.
>>61320695i can, could you please tell me what happens when switch2 is in the ON positions and the other two are OFF?and when switch 3 is OFF and the other 2 are ON?and what you'd have to do if you want it to work the same, but add a sw4?
>>61320727I can attach colour coded wires bro. I assembled the pc im posting from.
>>61320727And just to satisfy your questions, I dont need to understand it, I just need to replicate what I see in the simple diagram. I wired all the light fittings in my house.Tradesmen are thieving cunts.
>>61320749you do need to understand it, otherwise you wont comprehend why you need to change the sw3 into a 4-way switch and add a 3-way at the end of the chain and wonder why it doesnt work at all, because you cant chain a 4-way after a 3-way, which means you need to locate and disassemble the final 3-way, or break the chain before it and insert a 4-waythis isnt lego, this is logic and I can sense you dont have a lamp in your house which is controlled with 2 switches, and if you do, you probably made it an AND gate and therefore you need to have both switches in the correct position for it to turn on, defeating the whole purpose of having 2 switches
>>61320807They have videos online. Tradesmen are finished.