ARV/COMPS
Many posts mention Repair costs, ARV and COMPS when evaluating a deal.
Where are people getting these numbers? Estimating on their own? Comps from Realtors? Appraisers? Getting repair estimates from contractors?
What is the best way to get solid numbers on a property to evaluate a deal?
I am a realtor and rarely pull my own comps other than as a general idea.
I pay an appraiser to pull my comps when I am getting serious. This costs about $50 for him to do at the computer without leaving his office.
I definately use the appraiser before purchase, this is great insurance..
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I saw them at Home Depot yesterday.
The alternative is to jack up the sagging beam using a hydraulic jack. Then you measure carefully, and have a pipe or I beam cut to length, have plates welded on both ends. Insert the new post, remove the hydraulic jack.
Simpson has the. Any lumber yard should be able to get them.
Here is simpson site where you can roll over the image:
http://www.strongtie.com/products/connectors/epb44t.html#gallery
I actually found a foundation repair company that has them. They come with the 4" contrete block base, the concrete piramid in many sizes, and the 2" adjustable steel plate. They charge $47 for the set. The lumber yard has the metal ones that you need to make a concrete base for about $25. The home depots around here did not have them but gave me the names of the places that did. Thanks for all your help.
If you are in the Tampa area, Keystone Support is the foundation company and LLT Lumber Supply is the lumber yard.[ Edited by estateXchange on Date 08/24/2006 ]
I have had batches of those mad in the past by a local steel fabricator to my specifications and they were about $40 a piece.
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