Four Segments and Four Subjects!

[: 00:00:00

[00:00:22] Eric Goranson: It's completely legal and the right way to find that budget house, dealing with large scale mold issues, how to deal with property issues and your government and so much more. We have got some great stuff to talk about today that you don't want to miss. If you want to find out more about us, head to AroundTheHouseOnline.

[: 00:00:40

[00:01:02] Eric Goranson: Welcome to The Round the House Show. This is where we hope you get the most outta your home through Information Education. Thanks for joining me today. Well, this subject today is gonna be four subjects, four segments. We're gonna talk about four different subjects today. All around different stuff around your home.

[: 00:01:19

[00:01:40] Eric Goranson: So you can catch that head over to around the house online. com and you can find that over there. Well, the first subject I wanted to talk about today in this first segment here. Is for people out there that are thinking about trying to buy their first house, trying to find their first project house, or even trying to find that house that they might want to fix [00:02:00] up and flip and with interest rates out there, you know, the landscape has changed so much in our economy out there.

[: 00:02:09

[00:02:25] Eric Goranson: And he just signed on the dotted line on that. And I'm going to partner up with him to help renovate that place and get it up to speed. So one of the better ways to find these locations. is head out, find your next project house, but here's the way you do it. I would take a look and see what is on your city's code enforcement list.

[: 00:02:50

[00:03:19] Eric Goranson: And so, uh, depending on the laws in your state, in your city, or wherever you're located, sometimes those lists are public knowledge. And if you can find somebody that has been in that house for a long time that hasn't been able to afford the taxes, you might be able to come in there with a cash offer and be able to do something with it.

[: 00:03:41

[00:04:05] Eric Goranson: Now, here's the biggest problem with any house flipper out there right now is that money is expensive and that is the loan that you're going to have to get. Pull this off. And so this is where this you've got to go find, you know More distressed properties than what you had before because being with that interest rate is is many times more than what it was Just two years ago this is where it gets to be expensive and so money is gonna be your big expense because if you're doing this renovation project Over, you know, let's say 18 months, you're paying a high interest rate on that over that time.

[: 00:04:44

[00:05:08] Eric Goranson: And so this is where you really need to come up with ways of of having the right money or being able to come up with enough down where you can give half the money down and maybe get an owner to finance it for a year or two. Um, and be that loan officer on it. And I've seen that happen before where you can actually go in, give half down.

[: 00:05:31

[00:05:49] Eric Goranson: But like I said, these are things that you need to really be careful with with the loans out there because that's where the money is going to hurt your business plan. So a couple of things I want you to do is if you're out there [00:06:00] looking for that project houses, figure out how much you're going to have to spend in.

[: 00:06:05

[00:06:42] Eric Goranson: This is the time when you're seeing these kind of interest rates That if you're trying to get in and flip your first house, and maybe you've been watching on television, or you've been seeing some of these seminars by some of the celebrities, unless you've got money on hand and you have that part figured out, this is probably the time of year that I would [00:07:00] stay away from that stuff right now in the current economy, because the only people that you're really seeing out there that are moving are people that are getting out of an area going to another.

[: 00:07:12

[00:07:31] Eric Goranson: And so you've got people that don't care about the interest rate being what it is. And that's kind of key right there. Now, if you are. Um, in an area out here in the West Coast, for instance, where there's people moving and there's not a lot of people moving in, this could be a much harder sell for you when it's, when it's time to go.

[: 00:07:51

[00:08:11] Eric Goranson: So I don't want to see anybody get financially hurt on these things. You can lose, you know, 100, 000 bucks on a house flip if you're not managing it correctly. Especially with these interest rates that can be eight, nine, 10 percent depending on where you're at, what your location is and what your credit score income is.

[: 00:08:28

[00:08:50] Eric Goranson: And now you're going through and replacing stuff. And really it's bad on our economy and it's bad on. What you're seeing for homeowners out there that just spent [00:09:00] their life savings to get into their first house. And then two years later, they're replacing the flooring because it was so cheap. It was the cheapest stuff you could find.

[: 00:09:08

[00:09:28] Eric Goranson: If you're going to do it, please do it right and do it for your community as a whole. And give a nice place for people to live around the house. We'll be right back with another topic just as soon as we return.[00:10:00]

[: 00:10:09

[00:10:29] Eric Goranson: Welcome back to the Around the House show. This is where we help you get the most out of your home through. Information and education. Thanks for joining us today. We've been talking about four different topics today and four different segments of the show. And really trying to help you out with, uh, new things around your house.

[: 00:10:46

[00:11:05] Eric Goranson: People getting in more and more trouble, especially with like HOAs. And things like that and so I wanted to talk a little bit about this on how to help you navigate these kind of things because this can be a really big battle and especially if you've got maybe a city inspector, maybe you've got.

[: 00:11:28

[00:11:59] Eric Goranson: Sometimes taking [00:12:00] a step back and taking the emotion out of that situation can really help you out. And sometimes bringing in somebody to help mediate can be a good answer. Now there's a house that I've been helping out on, um, that we were talking about earlier that, um, is in the middle of that process where.

[: 00:12:19

[00:12:38] Eric Goranson: Now you see this in a lot of areas, you know, you'll see derelict houses where it goes through the court system and all of a sudden that house. They have a choice to either get it up to code, it's going to get condemned, and then the city can come in there and knock it down. Now, they'll come in and call it a nuisance, whatever, [00:13:00] and there's a lot of cities that have that ability to do so.

[: 00:13:02

[00:13:29] Eric Goranson: Now that could be an attorney that comes in and says, Hey, okay, I want to, I want to take care of, I'll make up a name. Mr. Smith, let's take care of Mr. Smith's property over here. And they go have a meeting with the city or the city inspectors or the city attorney and sit down and say, okay, what do we do here?

[: 00:13:46

[00:14:08] Eric Goranson: Um, you need to make it less personal and I know it's your house, but you know, something that's being less personal is going to be good. So, again, get that attorney brought in and let them handle it. Now, there is a group out there that if it is something that is, you know, unconstitutional or there's law supporting your case.

[: 00:14:32

[00:14:53] Eric Goranson: This is where really those people can really help out. So, yeah. Reach out to the Institute for Justice. They have done a lot of [00:15:00] good out there for homeowners and you can find out more information on them over at IJ. org. And, um, you know, they're really good, uh, and they are people that I've really been impressed with.

[: 00:15:13

[00:15:39] Eric Goranson: And that's where this stuff, where you really need to have the experts come help fight for you and your rights. You know, a little backstory on that in 1998 of the pharmaceutical giant Pfizer built a plant next to, uh, Fort Trumbull and the city determined that someone else could make better use of the land than the [00:16:00] Fort Trumbull residents.

[: 00:16:01

[00:16:28] Eric Goranson: And so they went through and fought this, um, And one. And so this is one of the cool things. Um, it eventually reached the U. S. Supreme Court in 2005 in one of the most controversial case rulings in its history. The court held the economic development was a public use under the Fifth Amendment to the U. S.

[: 00:16:50

[00:17:12] Eric Goranson: So, um, basically the Supreme court's five, four decision, um, sparked a nationwide backlash against. That eminent domain. And so this is where really these guys have really come in, uh, to be able to, to be able to protect your own home. So since that ruling in 05, uh, citizen activists have defeated 44 projects that sought to abuse eminent domain for private development.

[: 00:17:40

[00:18:00] Eric Goranson: With this. So that's, that's a really big court case. It gave people a lot of rights as homeowners. And, um, that's what I really like that. Um, in that, that they're really protecting property rights. So if you're having problems and it's a big legal case like this, reach out to the Institute for justice.

[: 00:18:18

[00:18:35] Eric Goranson: Just as soon as we return, don't go away.[00:19:00]

[: 00:19:00

[00:19:22] Eric Goranson: How to deal with larger scale mold issues in your home. Now, this could be, um, you know, you were moving some boxes and realized that, um, all of a sudden behind that wall, uh, behind those boxes in the basement that you've got black mold growing on there. And I don't mean mold that's. Black mold, but maybe mold that's black and color and you don't know what it is or it could be that you had, um, you know, in your attic space that you had, um, you know, you had vents that were venting up into the attic space, but not outside.

[: 00:19:53

[00:20:13] Eric Goranson: And that's actually what we've got right now with my brother in his location that he's starting to work on here. We bought a house that, uh, or he bought a house that, uh, really has some things going on with it. And, uh, this is a great subject. So the first off the thing that I want you to do is, is Stop and find out if you have insurance coverage for this.

[: 00:20:33

[00:21:02] Eric Goranson: Or I've seen people go in there and say, you know, it's actually cheaper to rip the entire roof and sheathing off and resheet it and treat the floor, uh, you know, the rafter system or the, uh, the framing up there. Whether they're trusses or whatever on the rafters and treating that and pulling out the insulation and re insulating.

[: 00:21:23

[00:21:44] Eric Goranson: And so what you see with that is you see a house that was neglected. And you know, um, big areas that are like eight foot by eight foot where the ceiling has gotten so wet that it fell in on the floor and collapsed and that you can see out through blue tarps in the ceiling and you've [00:22:00] had rainwater for years and years collecting, you've got buckled floors, those kind of things.

[: 00:22:06

[00:22:34] Eric Goranson: And see what you're working with and then test the air around it to see what kind of spores are out there. What kind of toxins is that mold giving off? So you know how to deal with it. If it's something simple on a mold that you're like, Hey, this isn't as toxic as what I thought it was. Then you know how to deal with it.

[: 00:22:52

[00:23:11] Eric Goranson: If it's something that you can't clean up readily, it might be better just to bring the pros in. Cause what can happen is, is that you can go in there and if you don't do this correctly, you know, the mold is going to be growing anywhere that there's air, it could be growing in between two by fours, it could be growing up in the inside of the sheathing, it could be up in the attic space, wherever this is at, you really have to be able to get in there and get all of it.

[: 00:23:33

[00:23:55] Eric Goranson: Once you know that it's not giving off too many toxins, and yes, you should be wearing a respirator for this. [00:24:00] And going through and getting that cleaned up, but really you got to take... Take that mold, get it out of the building, get it disposed of. And then you need to go in and figure out what's underneath.

[: 00:24:09

[00:24:26] Eric Goranson: And so if you take the test to go, wow, we're through the roof on this as to be expected, and then you go through and get it cleaned up and then you go, okay, I got that all cleaned up. I'm very confident. That's good. And you go, wow, it's not perfect yet. I still have it now. You need to figure out maybe it's in another wall.

[: 00:24:42

[00:24:58] Eric Goranson: One, you can go through after you get it cleaned [00:25:00] up and clean up as best you can and, and soak it with some concrobium and get that cleaned up and then go through and give a good encapsulation type paint around it. Now that can be a bunch of different materials out there that do it. There's a lot of different ones that I like out there.

[: 00:25:19

[00:25:47] Eric Goranson: It is really good for most interior building materials as far as going over and providing a self priming coating and a scrubbing surface that is an antimicrobial product. It's designed to inhibit the [00:26:00] growth of stain and odor causing mold, mildew and other microorganisms on cured coating surfaces. So that's the kind of stuff that you need to go in and something like that.

[: 00:26:08

[00:26:46] Eric Goranson: And so those are things that you can really create and fix those problems yourself if you do it correctly. But uh, like I was saying earlier, um, sometimes bringing in the pros and I mean, I want to see somebody that is [00:27:00] certified, that has a great reputation in your area dealing with these hazardous situations like mold, asbestos, any of those other things.

[: 00:27:12

[00:27:42] Eric Goranson: And, um, I, I can tell you that, uh, testing is going to be your friend. So make sure you spend the time, get the tests, get the air test done. So, you know, because you could have all of a sudden that mold spores could have spread into maybe some duct work someplace else. And that's where that basement model testing to [00:28:00] know what's going on will tell you and give you the complete story of what's going on right there.

[: 00:28:05

[00:28:25] Eric Goranson: And then don't bring that home with you, whatever you're working on. One more segment left. We'll be back after these important messages. Don't change that time.[00:29:00]

[: 00:29:01

[00:29:09] Eric Goranson: Welcome back to the around the house show. This is where we help you get the most out of your home through information education. Thanks for joining us today. Well, we've been talking about four different subjects today, four subjects, four segments. And today I wanted to talk in this last one. Uh, about some really important stuff.

[: 00:29:27

[00:29:47] Eric Goranson: Maybe it's you. Maybe it's whatever situation you're in. And you are, you have an ability issue to keep that house maintained. Maybe you've got, um, a disability or something [00:30:00] that is really keeping you back from being able to do it physically. Maybe it's something where, um, you are not in the financial position where you can fix it, or you don't have the knowledge to do so.

[: 00:30:10

[00:30:38] Eric Goranson: Now, great example. There is a, um, a center here. That is a reuse type of place where people donate materials, building materials specifically, and it's called the rebuilding center, but they also have. Community outreach programs, for instance, that, um, you know, if, uh, if your grandmother's porch has collapsed, they'll send out [00:31:00] people on a community service day and fix that up.

[: 00:31:03

[00:31:37] Eric Goranson: And, you know, you've got other organizations like Habitat for Humanity and the 1 earlier that I was talking about, um, they're called refit. Uh, they are rebuilding it together group that they basically go through and get building community members and they go into somebody's house and we'll help build that accessible bathroom with donated materials and time.

[: 00:31:57

[00:32:25] Eric Goranson: Um, and you'll even see sometimes that, um, like Home Depot and Lowe's and some of these chains will have community events like that. So, a little bit of Google searching in your area. And then asking some of the nonprofits in your area, if they have something that they can do to help, maybe it's your local church, maybe it's, you know, if you're a religious person and, uh, whatever, uh, that faith is check in.

[: 00:32:53

[00:33:13] Eric Goranson: Or a Walker and do that yard work. And my, you know, my, my father has passed, so he's not able to do it. And so church came over and helped out on it. Now, I'll be coming up there this winter and, uh, helping out in the backyard to get that under control. But really, these are things that you see other people step up and help.

[: 00:33:34

[00:33:56] Eric Goranson: Or, uh, get a hold of some of your local [00:34:00] recycling places and maybe they've got some stuff. But, um, if you don't have one, maybe it's time to start one. And again, check those government grants out there. There are a lot of grants out there for people. Um, that are trying to do maybe energy efficient things.

[: 00:34:16

[00:34:38] Eric Goranson: Maybe you can help somebody in your community. Maybe you can go on and maybe go on Craigslist or Facebook marketplace or get some materials donated by a local company that can come out and really help with that. But, uh, in these tough times right now, I think this is really when, when we can go out and help people get along and live better and stay in their [00:35:00] homes.

[: 00:35:00

[00:35:20] Eric Goranson: And there's another thing too, there are some states that have property taxes and they have grants as well that you can jump on there instead of paying 3, grand on property taxes. A year more or less, depending on where you're at those property taxes. There are programs for elderly or people that have limited abilities that are trying to stay in their home where they can't afford those property taxes.

[: 00:35:43

[00:36:11] Eric Goranson: They'll go by and get it cleaned up. And taken care of and, uh, there's a lot of YouTubers out there in the lawn care business that are going around and doing that and a little bit of research, you might be able to find somebody that could come and help do that. And when in doubt, reach out to your local media, ask them and see if they have any ideas.

[: 00:36:29

[00:37:09] Eric Goranson: Yeah. You know, um, everybody can be in the same room again as far as husband and wife and be able to sleep in the same bed. So this is something that will air again. I'll share it up on a future episode here. I'll talk a little bit more about it after it's aired. But giving back like that, if we can help people out, especially coming into the holidays here, um, you know, there's a lot of people out there that need help.

[: 00:37:29

[00:37:53] Eric Goranson: So I can't tell you thanks enough for the people that are out there doing it. The people that are thinking about [00:38:00] doing it, um, boy, you know, you can change some lives out there and keep people in their homes. So, uh, everyone here is a community. We can really help each other out and spread our knowledge.

[: 00:38:09

[00:38:27] Eric Goranson: Uh, that is also a great thing. So Hey guys, let's spend the holiday season here as we go into November here coming into Thanksgiving and seeing if we can do some little things to help out our communities. Maybe it's the neighbor down the street that just needs their lawn mode. Maybe it's somebody that needs a, uh, a fence fixed or a, or a porch fixed up, or maybe they need a water heater swapped out, whatever that is.

[: 00:38:48

[00:39:09] Eric Goranson: We'll see

[: 00:39:16

[00:39:22] Eric Goranson: next week.