Weekender Archives - Page 2 of 9

Car (or Van) Sharing

July 30, 2012 RH

Want to take a drive to the country for the weekend? Beach for the day? How about obtaining a van for renovations? Car rental companies can be pretty pricey in New York, so it’s no surprise that car sharing options such as ZipCar have gained in popularity.

Disclosure: I’m just doing some internet research because I’ll soon be needing a van for renovations. I’ve never actually tried a car sharing company. If you have, please comment with some feedback!

It would seem that the daily price of car sharing is comparable to rentals; however, gas and insurance are included in the share. We all know that insurance is what can double the price of that rental. Let’s also remember that location, location, location is everything. Looks like car sharing may be a tad more convenient than schlepping to a rental company to pick up a car. Also, if you only need it for an hour to two, that’s cool.

If you only intend to use the car once or twice a year, car sharing may not be worth it as there is a membership fee involved.

Let’s have a look at some local companies, shall we?

ZipCar is the best known. You’ll be spending $85 to participate. $60 for the annual fee and $25 application fee. Hourly weekend rates are $14 or $125 per day.

Hertz didn’t get to where they are by making bad business decisions. They’ve entered the game with Hertz on Demand and it’s pretty competitve. There are no membership or application fees. Insurance and gas are included and weekend rates run from $8 per hour or $108 per day.

Mint Cars on Demand waives the membership fee for the first year and charges $40 annually after that. Weekend rates for an economy car are $12 per hour and $107 per day with the first 180 miles free, then .45 cents per mile after that. As with the other companies, gas and insurance are included.

Carpingo just launched in Brooklyn. Like this month. Since they are quite new, the information isn’t really out there yet, but here’s what I came up with: The founders are Brooklynites whom have been in the NYC car rental industry for 30 years. They do have cargo vans as well as cute little cars like the Fiat 500. Don’t know if this is a start up offer or they are keeping these rates, but membership is free and the application fee is waived. Gas, insurance and 180 free miles included. I see $8 per hour on a postcard I received but I don’t know if that’s weekday or weekend. Also, the postcard announces $75 in free driving if you join now. Coupon code CPG100.

Then, for my purposes, there’s always UHaul or big box hardware store truck rentals starting at $19.95 per day plus expenses. Or….man with van including a helping hand. The problem with that is getting someone reliable enough.

There are also ways to earn money by sharing your own car and of course you can rent from the following places as well. Personally, I’d feel kind of awkward messing around with someone’s privately owned vehicle rather than a large faceless company.

From what I gather, the car providers must have OnStar and the rates vary according to owner. It’s the Air BnB of car sharing.

If you are interested in offering your own car or renting someone’s private vehicle, check out these companies:

Relay Rides

Just Share It

$200k Challenge: Sullivan County

May 2, 2012 RH 1 Comment

Not being too familiar with Sullivan County, I contacted buyer’s agent Joe Addeo at The Rural Connection to show me around yesterday. What a luxury not having to set up appointments, navigate and drive from house to house!

We saw a bunch of homes that were in pretty decent shape. None of them would have worked for my flip purposes, but it’s definitely a buyer’s market over there. That part of Sullivan County near the Delaware River is beautiful but quiet. Don’t go expecting a scene, man.

Anyway, on to the houses! Find info on all of them here.

The farmhouse pictured above is a steal at $175k. Great piece of property on 5 acres with a pond near Jeffersonville. The house doesn’t need much work at all, which is why it didn’t suit my own purposes. One can just move in and enjoy. I saw some unfinished molding. That was about the extent of the work IMHO.

This lovely cape was in decent shape also. It’s very close to Jeffersonville and the Villa Roma Resort, which is like an Italian version of a Borscht Belt resort. A sausage belt resort, if you will. The house could use some updating or you can overlook the drop ceilings and dated kitchen and just enjoy your summer. Not bad for $139k.

This Cochecton house was pretty sweet for $89k and would have worked for me had the neighboring house not been so close (close by country standards). On the plus side, the neighbors have horses. Unfortunately, that’s a negative when you have dogs. Anyhoo, great bones, good location. Price is unbeatable!

Oh, this was a good one too! Another not-much-to-do house. The exterior looks worse than the interior. I remember that this one had a great kitchen with aluminum cabinets and an old drainboard/sink and the floors were in perfect shape. $139k in Cochecton.

The city girl in me appreciated this one simply because it was within walking distance to civilization. The village of Kauneonga Lake isn’t very big but has 4-5 good restaurants that overlook the lake. This is the perfect retreat for lake lovers, even though the public access is some ways from the house. There’s a hot tub in the back. Who doesn’t like a weekend place with a hot tub? $109,900.

Finally, this lovely Cochecton farm house belongs to my buddy Sal, an antiques dealer in Callicoon. The house is about to hit the market at under $200k. When it does, I’ll let you know all about it…as well as the cool vintage trailers he’s selling. But for now, consider this your head’s up.

All Over the Place

April 27, 2012 RH 4 Comments

The $200k house challenge is proving to be quite difficult. And you know what else? Buying a property strictly for investment is way harder than finding a place to live. Never in my life did I care so much about what others thought until this property search, because I’ve gotta think about who’s going to buy it versus what I like.

So what do I like? Ok, as usual, I’m posting pictures without links so I’m not advertising homes I might want for myself.

I fell love with the Accord farm house above. In love! Three acres on a corner lot for $125k. The catch? The work it needs is not merely cosmetic. That is fine, but this city girl gets intimidated by wells and septic. Don’t know the first thing about them. In this case, there’s a well located INSIDE the house. Anyone know if that’s a big deal? I called the listing agent to tell her that I may be interested but wanted to know what she knew about that well. She didn’t return my call which bought me some more time to look at homes that needed less work.

This farm house is a case of “If it was for me, I’d grab it.” but a flip? It would probably take the better part of a year for a proper restoration and before I even get in there to do my stuff, the mechanics would need to be worked out.

I’m keeping it in the back of my mind but continuing to look.

Jon, my broker, has done a million successful flips. He keeps telling me that I should be looking for a quick and easy “FLIP” that only needs cosmetics, not a restoration project. I see his point. I do! And I’m trying, but it’s tough to wrap my head around a vinyl sided house….

This vinyl ranch is actually a possibility according the Flip Gospel of Jon. There’s not much to do on it. I can bring back the 1950’s look from the decade it was built. If I get it for the right price, I can make a profit, but not really if I have to pay the $199k asking price.

The location is what I love most. Right between High Falls and Rosendale where some of my favorite restaurants are located. Nuts, right? I’m thinking about what I can eat while working on the house! But in my defense, those areas are desirable for folks who would appreciate my kooky style of renovation. In other words, I don’t have to go conservative.

Just when I thought I had narrowed it down, I ran into a friend on the subway. He mentioned that some of his gay friends have homes in Sullivan County. I’m like “Invest in a gay area? I’m there!” Sooo, I’ll finally be looking at Sullivan County next week after putting it off because I’m just not familiar with the area.

Then this morning another friend forwarded a listing in Brooklyn that might be doable. Brooklyn? That’s where I wanted to do this in the first place. The only reason I’m looking upstate is because I thought I couldn’t afford down here. Yeah, I got into the idea of having a place to go for the summer, but work is work. I can do the 9-5 in Brooklyn and rent a place upstate. Sheeeeet.

I need professional help. Not from a broker and not from a therapist (ok, maybe a therapist). If anyone knows a good psychic, post it in the comments.

Welcome Back Nevele

April 25, 2012 RH

While driving around down 209 in Ulster County last week, I spotted all of these Nevele signs. I was all like “What? The Nevele is back?” Not so fast. There was a meeting on April 12th to talk about plans to convert the resort into a casino. Don’t know what happened at that meeting but the signs were not put there by residents of the area, rather developers and business owners who want to see this happen.

Although I don’t wish for The Catskills to look like Atlantic City, the old Borscht Belt has hit rock bottom and there’s nowhere to go but up. Yeah, gambling is bad habit, but casinos will bring jobs and tourists to the area. And let’s face it. As much as I loved my 1970’s Catskills growing up, it wasn’t the classiest place in the world anyway. I mean, really, have you ever seen a bunch of Jews at an all you can eat meal? My family would pass around the Mylanta after dinner. That is not a joke. So, what I’m saying is, the people these casinos would bring in can’t be any worse than my family.

Speaking of Catskill resorts, the fire at Grandview Palace looks pretty bad. It’s been nice to think these places still exist and they just need to be rediscovered but the finality of the fires and tear downs rips away at our childhood.

But there is hope! Right?

Under $200k in Woodstock

April 23, 2012 RH 1 Comment

Who knew it would be more difficult to find an investment property than to find a place for oneself? I’m lovin’ a whole lotta things that I see, but unfortunately, when I do the math on them, they don’t make financial sense.

The house above is on Wittenberg Road just outside of Woodstock in Bearsville. There is not one but two homes on the property. I thought that this was The One until I got home and reread the MLS sheet. It’s apparent that both structures need work but what’s not visible to the eye is that the bungalow isn’t on the well and septic. That would put me over my own budget, but it’s still a good investment. Stay in one house and rent out the other.

The exterior siding needs some work and the top floor shows some leaks but the main room looks in really decent shape.

How cute is this kitchen? The same wonderful vintage wallpaper is in the bungalow too.

The property is listed at $115k and sits on .68 of an acre.

This 1910 stone house is also on .68 of an acre. It’s located on Maverick Road and sits a wee back from the road. It’s adorable but you can’t get away with a $124,900 price tag in Woodstock without needing to do work. There is some settlement on the house to an extent where the slant made me dizzy when I walked in. This is stuff that can be resolved with a decent structural engineer.

The “slanty” room is in otherwise good shape. I would a)resolve the sag problem in the basement first, then b) carefully take up that wood floor to level the joists and put that same floor back.

The kitchen is located in the basement. Gotta love the log beams.

The problem with a small house with a basement bathroom is that it shares the space with the mechanics. Actually, they look to be in decent shape and surely they can be hidden.

This house was on Sawkill Road, which is a busyish road, but the house is set back far enough for it to seem private.

The home needs a total update but it’s not a scary amount of work like some of the other places I’ve seen. What do you expect for $110k on .5 of an acre?

The most impressive thing about the house? This sink. I’d buy the house just for that sink which is hidden in the basement.

Ok, I lied. Not all under $200k. This sweet red house on nearly 4 acres in a great area is a whooping $219,500. The difference is this is ready to move in. We’re not talking high end materials, but it’s clean and ready to go. If you don’t want to worry about renovations, here is an affordable house in Woodstock.

High Rise Trailer

April 19, 2012 RH

I’m doing a marathon home search of Ulster County today. A 2.5 hour drive up, look at nine houses and drive back. All by my little self. It took me most of the day yesterday to sort out the listings, map out and schedule my day and make appointments. Last time I looked for a house in the country, the realtor did that for me AND took me out to lunch. Now I have a license and I can save a few bucks on the purchase by doing it myself. But ya gotta hand it to agents outside of the city. They work twice as hard and earn less than half as much.

Anyway, where was I? Oh yeah, I came across this house in High Falls and was briefly interested until I realized that it’s a trailer with extensions. At least that’s what I think it is. My husband thinks it’s a modular home. In any case, that is one funky high rise for $50k.

Not sure if it’s still available. I found it outside of the MLS.

Silo House

April 10, 2012 RH 1 Comment

People convert churches and barns into homes, but a silo? Why not? I was adoring this listing when I saw it last month but Shandaken is out of my 2 hour radius so I didn’t even go look at it. It may already be off the market as the only thing I can pull up is an old listing. Oh, but let’s swoon over the pictures anyway, shall we?

The silo house is only 750 square feet of claustrophobia but sits on nearly eight acres. It was built in 1975 and taxes are only $1379! It’s located about three miles from Belleayre Ski Center. Sweet. Oh yeah, it’s $158k. Not bad.

Conversations with a Homeseeker

April 6, 2012 RH

Deb has been looking for a house for awhile now. Anything that has a decent renovation goes into a bidding war and as a first time home buyer, she’s reluctant to take on a huge renovation. She tries to wrap her head around fixer uppers and homes that are not her style, but lacks confidence in her “vision”. So, I nudge her along.

I sent Deb before and after shots of the second home we renovated, a weekend place we had up near Stone Ridge from about 2000-2004. I’m posting the conversation along with the photos because it’s Passover/Easter weekend, so you want I should actually write a real post?

Happy Holidays, y’all!

Ok, so D=Deb and M=me

D: Very cool. So did you buy all the furnishings? How long did all of that take? Was that a flip or that was your house?

M: No, we never did an actual flip before! That was our Kingston house. We put too much money into it thinking that we would keep it forever (which we’ve done on all 4 houses). We owned it for about 4 years and renovated slowly the entire time. When we decided to sell, we finished the reno. I don’t know how long that was in actual reno time because we stopped and started so many times. It was our weekend project for many years. We went up there to get away from our Park Slope renovation.

D: Considering that you like wild colors and all it seems rather tame for you, no? But in line with what it is. I likey.

M: I think I did that because everything was so dark when we bought it that I just wanted LIGHT.

D: The dining area, you covered the beams, is that what I’m seeing?

Before. Obviously.

M: Not really. Those “beams” were faux, made out of foam. We ripped them down. The house was modular and came in 2 sections. That beam running down the middle is the joint. It was never bolted together until we did it. Or maybe it had a couple of bolts, but not to Luke’s liking.

D: Gawgeous. Did you and Luke do everything, like you lay the floors yourself etc?

M: Did not do everything. Hmm, I remember laying out the floor but I don’t remember nailing it down. We had a contractor working beside us. Not sure if he installed or we did. I know that he sanded and polyed.

D: Please tell me that wood floor was under the carpet? har har

M: Oh please, girl. That house was carpeted throughout. It had plywood under all the carpets. The day I was up there alone ripping up carpeting, my dogs were running around outside (we had 7 acres) and one of them came back with a deer leg and dropped it right in front of me. They didn’t kill the deer. People were hunting illegally on the property. I chased one of them down one day.

D: Did you add wainscoting or was that there?

M: The wainscoting in the bathroom was just Home Depot stuff we put up. The living room walls were originally brown wall paneling. We wanted to do that “bat and board” look, so we had a contractor install actual boards piece by piece. Then the previous owner asked why we didn’t just put up plywood and use 1×2’s to create the same look. We were like “Oh yeah. We could have done that.”

D: So, can you do this to the 6th avenue house I like?

M: No I’ll be busy working on my own.

D: This is why I do wish you could sit with me look at a house I like and advise me on how I can make it look a certain way. Darn you!

M: So find a house you’re going to put a serious offer on and I’ll go with you to second showing. But it’s really not as exciting as creating my own mess.

D: Sweet, thanks for sending

Dutchess County Under $100k

April 4, 2012 RH

I drove for countless hours yesterday just to look at three properties. I’d like to share two of them with you because I’m passing on them. The third one is a possibility so that I’m keeping to myself for now.

The Staatsburg 1940 cottage (above) is listed at $74,500. It’s well worth it. The listing says it needs work but honestly, I don’t see it needing anything more than some updating and a paint job. If you’re unfamiliar with Staatsburg, that’s the area north of Hyde Park and south of Rhinebeck. Not bad, huh?

So why am I passing on it? Well, the 2 bedroom, 1 bath bungalow is only 691 square feet. Although I did want a small, easy project to work on, I don’t believe that I can make a killing on this house as an investment because of the size and location. It’s more local than weekender, not that there’s anything wrong with that.

If I lived in the area and didn’t have to drive 2 hours to work on the house and if I had cash that I wasn’t going to miss while I’m waiting to sell, it would be worth doing.

Anyway, as you can see, it’s a cute little house. For $74,500, how can you go wrong? Especially with that awesome wallpaper!

This bank owned Red Hook house is listed at $84,500. It’s on a not-so-busy road across the street from a lake. There are some trailers and multiple-pick-up-trucks-in-the-driveway households nearby. Yeah, so I’m a city snob. So be it.

That didn’t bother me so much. One problem is the flip job. The guy lost his house due to some bad decisions (I got some background from a neighbor up the road.) so I don’t want to add insult to injury by knocking his renovation, but some flip jobs just scream Home Depot and this is one of them. The house was built in 1912. Personally, I’d rather restore a beat up 1912 home.

Don’t know if you can see from the photo but this is new parquet tile over what looks like a decent oak floor.

Since I’m a recycling maven, I reaalllly hate to renovate an already renovated property. I’m sure this stuff can be donated, but it bothers me to rip out new work. So that’s why this is a pass.

Well, there is one more thing. After seeing this, I left without going down to the basement. I don’t know what it’s from but I didn’t want to encounter it in the house so I ran out. I did look in the basement and saw mold and a water line on the wall.

Don’t know how/if the water problem can be remedied, but hey, the house is $84,500 and the upstairs is clean and livable.

The $200k Challenge:OC

March 30, 2012 RH

Orange County covers a fairly large area. There is definitely an assortment of homes that can be had not only for under $200k, but even under $100k. Think Newburgh and Middletown for those extremely affordable houses.

Before you run up there to find your inexpensive dream home, a few things…

Taxes are pretty high in Orange County. Like as high as New Jersey high. The fact is, taxes are always higher in the burbs than in the city, but from what I’ve seen, Orange is worse than Dutchess and Ulster.

The good news is that Metro North does run on the west side of the Hudson. There are limited stops to Port Jervis, but it will still take you nearly 2 hours to get from Penn Station to Middletown. An every day commute can set you back about $300 per month.

Although there are plenty of second homes in Orange, it seems to be more of a commuter community. Lots of cops and firefighters living up there so it’s a pretty safe place to be.

The homes that I looked at this week were in Cornwall on Hudson. Really pretty area near Storm King. The town is cute but not much was going on the day I went up. I should let you know that there were also affordable listings in Highland Falls which is right near West Point.

The house above is listed at $150k. It needs work and plenty of it, but location, location, location! It’s more of a suburban area than private country location, but it’s within walking distance to town and has killer views of the river on the block. Should I go ahead and assume that the 1922 structure was a barn or horse stalls at one point? It looks like it.

There are wide plank floors throughout but the wavy gravy walls and ceilings need to go. (The house isn’t leaning, I was too lazy to fix my lens distortion.)

This one is interesting. Listed at $199,734. It sits on over 2 acres of private land. Really close to 9W but you wouldn’t know it. The thing with this house is that it’s an unfinished renovation. Everything has been roughed in, but at over 2000 square feet, materials will be too costly for my budget. How about you? Could be worth it. Taxes are $13k. Told ya.

Under $100k in Warwick

March 15, 2012 RH

Check out this too-good-to-be-true place in Warwick. Of course the $75k asking price has people bidding against each other. It’s not a short sale and when I looked at it, there was nothing apparent to the eye that was a deal breaker. It just needs some work to finish up the renovation that someone started. Nice location and decent property.

When I called the list agent to find out what the deal is, I found out that it may not be such a deal after all. Or maybe it is, but delving into the problems would be uncharted territory for me.

The home currently has no running water. The seller tells the agent that it’s a broken pipe but let’s assume the worst and figure on drilling a whole new well. Just in case. Furthermore, the septic system is a mess. Worst case scenario, let’s say it needs a new one. The owner also thought he would save on the price of oil, so he installed a coal heating system. Coal? Who does that?

Ok, so those are the big issues. I was almost tempted to check out prices on those items but as of last week there were seven offers on the table, above ask, so I just didn’t bother.

Nice house though. Someone who knows a thing or two about something other than city sewer and water is gonna steal this baby for a song.

$200k Challange: Putnam/Dutchess

March 13, 2012 RH

I’m about three weeks into the home search now. Guess what I’ve discovered? It’s not really a buyer’s market. Don’t let anyone tell you otherwise. Yes, prices are lower than pre-burst and the rates are low. It’s still a good time to buy, but be prepared for some competition.

The Hyde Park house above is the one that got away. Well, that’s the Hudson River view from the house. Little did I know that it was all but gone when I looked at it. It had been on the market for a looonnng time, starting out at $325k and going down to $199k. It was taken off the market for awhile. My bet was that it wasn’t mortgageable with some extra apartments in the basement and attic and some perhaps illegal extensions.

Well, fast forward to me seeing it listed as “continue to show” and calling the list agent to find out how serious the offer is. Turns out it was the original deal that fell through and contracts are already drawn up. Ack, it was too good to be true for me anyway, that I find an awesome house after such a short time.

The house is right on the water and around the corner from the Vanderbilt Mansion. I pulled up two comps that weren’t exact comps because they were larger properties in better shape, but the prices were in the $600k’s and over $1m. Well, at least the people who got the place aren’t greedy investors like me. They intend on living there. I’m putting in a back up offer just in case the deal goes south again. Hey, ya never know. Gotta be in it to win it.

Then there was the ranch that smelled like dog shit within walking distance to the Village of Rhinebeck but still a very private country setting. This is something I still may consider. Obviously, it will need to be renovated. The problem is that it’s a short sale and that could drag on forever. In fact, I’m trying not to look at the short sales because I want to be working on something this summer, but there are a lot out there.

Looked at a bunch of other places in Rhinebeck. Mostly ranches in need of updating. One place for $140k in Red Hook/Milan that was a bit too far from civilization. The others were all too close to busy roads.

This Cold Spring short sale seemed perfect. A great farmhouse on 3 acres. What could be wrong? Right next to the recycling center which is on the premises of the old dump. That means on Saturdays and Sundays, half the town lines up to get rid of their bottles and cans.

The bargains are out there, my friends. You just can’t be so fussy like I am.

Another Pleasant Valley Sunday

March 5, 2012 RH

Pleasant Valley is located about 8 miles from Millbrook and 7 miles from Poughkeepsie along Route 44 in Dutchess County. The quiet suburural town was formed in 1821. Like any quaint town, it’s got it’s department store, it’s purple restaurant and it’s ladies consignment shop. There are also some lovely parks for reflection and hiking.

But let’s talk real estate. Link to all listings here.

This three bedroom ranch is less than 1000 square feet and needs work. The asking price is $45k.

$105k will buy you a renovated cape right on Main Street.

Updated 1920 two bedroom cottage on 1/2 acre overlooking Wappingers Creek. $164,500.

There’s a house that goes with this barn. A 2500 square foot antique house that sits on 12.75 acres. It’s quite charming too! Price? $419k.

The Town That Time Forgot

February 23, 2012 RH 5 Comments

Traveling through Sullivan County last week, we came upon the town of Mountaindale: Population 0. Nah, I don’t know what the population is, but Mountaindale looked like a ghost town. Oddly enough, it also looked as if the shop fronts have been restored. It feels like a movie set or like it’s waiting for something to happen.

Perhaps Mountaindale is a hopping place during the summer months, but on a winter’s weekday it looked abandoned. Someone is trying to bring this little town back. There is evidence of an art community, yoga and anti-frackers. None of them were around the day we swung by.

There are quite a few bungalow colonies near the town, some abandoned and many in use. It’s definitely something to check into once summer is on the horizon.

Under $100k For A Bungalow Colony?

February 21, 2012 RH 2 Comments

Yes, that’s right. A six unit bungalow colony is up for sale for $93,900. The buildings sit on 5.45 acres in Kerhonkson, which is actually more desirable than most colony locations. Kerhonkson is Ulster County, close to Minnewaska State Park and Stone Ridge/High Falls/Rosendale.

The 1940’s bungalows are listed to be in “fair condition”. Sounds too good to be true? Well, yeah, it is. Maybe.

Most of the structures do not look to be in salvageable condition, so really, you’re buying the property. My thoughts on empty property lot vs. tear down is as follows: I’m figuring that the electric, water, gas and sewage lines are already run with a preexisting colony. Many places we saw had propane and the lines may need updating, but am I wrong in thinking it’s still easier than starting from scratch?

Pop some cute pre-fab cottages in or vintage air streams and you’ve got yourself a colony…right around the corner from the Hudson Valley Resort and Spa.

*Photo help from Miss Wit

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