Hello /biz/,I bought a house 1 year ago. It’s on a very charming street in Canadian city (Montreal). I was charmed by the area, but i knew when buying that the house needed some repair. I am now one year in the project and I see no end to it…I am now convinced i bought a sinking ship… i’ve already putted 200k on the house, and I am still very far from done.What should i do about this sinking ship? I think i’d need many years to get back all my money when selling, but the house is falling appart so fast, i don’t think waiting many years is a good idea…
>>62551079Hows living in Montreal anon? It seems very pretty. Got any nice pictures?
Montreal is okay, but the city is slowly turning in an homeless ghetto. I see people living in tent and shitting in back alley almost every day lol.I live in an area with lots of big trees, it’s very green. I see skunk and rscoon daily.Houses are old (mine was built in 1955).What is great with Montreal/ Quebec in general is the low number of pajeet. I mean we still have plenty of Aladdin flying carpet migrants, but not much pajeet tandoori peddler.
>>62551079did you get an inspection done before you bought? what are the issues with it?
The house must be 60+ years old. What did you expect?
>>62551079ASAP fix the windows and doors to weather proof it. As long as the plumbing and heating works and you can cook and live just put off the rest till next summer and save your money. Do more planning you might be over your head now but can save it.
>>62551079t.blackrock
>>62551079Do you speak French?
>>62551079First install toilet, kumar.
>>62551376Yes, my GF and I speak french. We are not fake immigrants canadian pussies.>>62551136Yes, but problems were hidden. I have problem with the brick, windows are shit and fondation need some love. Also, the heathpump gave up on life yesterday. I am getting the fondation and windows done before winter ($$), I’ll probably have the heathpump changed also.>>62551432Houses cost 900k+ you retard. Also, not all house are on a dead end street with 0 traffic, within 4 minutes walk from subway stations and have a garage.
>>62551079If an investor/flipper doesn't snatch up a home within 2 weeks of it being on the market, assume the worst case scenario.
>>62552084That’s what I now understand. How should I manage the situation? Take the loss and sell? Keep putting more dollars in the house ans hope that maybe one day I see my money back?
>>62551079Lol landbaggie.
Godspeed anon. Structural issues suck. I bought quite a lemon here in hungary, a vacation home. Floors all shit (filled with loos sand seriously), but because it is a appartment i dont need to worry about the external skin. Took massive amount of effort but is oke now after at least 3 months continious work. ----> What is the problem, the budget to do it or time ? Fix first anything that can ruin the house like leaking roofs and faulty foundations etc. The rest to make pretty on the inside can wait
>>62552051how many square meters? and what did it cost?
