Tag: <span>real estate homes to build</span>

FINALLY

Well folks, I’ve gone and done it. I officially changed the name of our company from Ralph Jones Home Plans to JZ Designs. I felt I needed to do it as I didn’t want any issues that might arise from something I do to affect the Estate of Ralph Jones as he passed in 2021. SO, new name, same old business with hopefully a nice new look.

I have my webmaster (do they still call them that?) working on our website to get it changed over from the old site to the new name (JZDesigns.Homes … cute, no?) I believe it should be ready to go live any day now. I’ve been working on the site for over a year! I finally found a webmaster who could DO what I wanted to do.

I doubt I’ll ever sell straight off the website, so I didn’t need a “store” for the plans as about 90% of my business is custom or at least customized. The cost depends on WHERE you live and the products and number of blueprints you actually need, so each price varies. Also, I don’t want my page to ONLY show the top 5 houses, and then refer you back to plans “recently seen”. I needed basically a series of plan galleries divided by square footage or by type/style. So, I can’t wait for you all to see it. You simply click on “view homes by size” or “view homes by style” Inside each of these categories, you’ll encounter the plans either 700 – 100 sq. ft., 1100 sq. ft. etc., or Country Porches, Narrow Lot Homes, Alternate Living Homes, Investment Homes, etc. I think you get the picture. I also wanted a gallery with just photos and they managed to do just that!

The site is pretty and I will be updating it as we develop new plans. I hope you’ll think of me soon and visit the site as soon as it is ready. I’ll announce it on Facebook and other places so if you follow me there, you’ll know.

Also, if you would like for me to discuss any topics that matter to you (related to home designs, any aspect), let me know and I’ll do the research if needed and get back to you…any my other readers as I can.

Have a great day, Y’all!

What do Michael Jordan, Itzhak Pearlman and Real Estate Investing have in common?

Michael Jordan – Itzhak Perlman – Real Estate Investing?

I’d be willing to bet that you never thought you’d see those two names in the same sentence, much less the same article about Real Estate Investing, right?

Welcome to my brain!

Michael Jordan: Arguably the best basketball player of all time.

Itzhak Perlman: A polio victim who became a world famous violinist.

These two men are great examples of how a person can excel if they put their mind to it. But, what does this have to do with Real Estate Investing? As property investors, our goal is to make money, possibly quit our day job, but just like becoming a world famous violinist or the world’s best basketball player, you can’t do this flippantly. A little effort may make you a little money, but EXTREME effort could make you an ALL-STAR in the Investment game.

How do you get really good? You must ‘tune up’ your brain and learn the rules. You must ‘exercise your brain’ so that every time you shoot that real estate basketball deal toward the hoop, it swishes! (He shoots, HE SCORES!)

STEPS TO BECOMING A REAL ESTATE INVESTING ALL-STAR:

Attend meetings, every meeting and go to seminars. You can visit the National Real Estate Investors Association website to see if there is a local REIA club in your area. If there is, this is the BEST place to learn how to become a REIA All-Star. (www.NationalREIA.com) My local REIA group is the Memphis Investors Group: http://www.memphisinvestorsgroup.com
Take notes. Just like in school, write them down, then review them later.
Study the notes you’ve taken, organize them into investment categories (landlording, finding good tenants, wholesaling, insurance, bookkeeping, taxes, etc.) and then study some more.
Write down questions you have, you can put these in your phone or on a note card, and ask an expert at the next Friday Luncheon or MIG meeting.
Never stop reading great books about real estate investing strategies but don’t neglect to also learn about running your business.
REMEMBER: Being a real estate investor is a business, so don’t neglect learning how to run a business (if you’ve never run a business before). In the real estate investing businesses, records, file organization and bookkeeping are extremely important especially if an auditor comes calling.
PRACTICING FUNDAMENTALS is the only way to get good, really good, at this sport.

I’m sure that Jordan has shot about 10-million free-throws in his lifetime. Perlman has probably played violin concertos until he could play them backwards and blindfolded…all from memory. You need to do this with your career in real estate investing.

In order to be great at Real Estate Investing, you need to develop a certain muscle group, mainly your brain and logic; you need an education. I’m not telling you to go back to college, though you could, but a great place to get started with your education is at MIG meetings.

Next, get creative. Take what you’ve learned from the masters and add to that your own style, your own ideas and create something unique, your own brand.

The next step is to DO. Once you get the education, you must begin to stretch your wings and take some steps into your dream. Shoot that basketball toward the hoop. Draw that bow across those strings. Will it swish the first time? Will you be a virtuoso immediately? Nope. BUT, the only way to get better is to practice. Dr. Sinichi Suzuki, the inventor of the Suzuki Violin Method (which teaches 3-year-olds to play the violin) says the old adage “Practice makes Perfect” is incorrect. He says, “Perfect Practice plus 100 repetitions makes perfect.”

Start small: Beginning on an elementary level is ok. We all start somewhere.
Get advice to do it right: Talk to your professionals, take “lessons” if you will, talk to the coach and run the drills.
Negotiate and Close the deal: Take yourself off the bench and play in the game
Make the money: Win the game.
Repeat 100 times. Perfect practice plus 100 repetitions makes you money. (Wash. Repeat).

Expand the muscles of your brain, just like an athlete or musician who has honed their skills, don’t take what you do lightly, but then again, it isn’t rocket science. Study, learn and apply (do) what you have been taught.

Always pass on what you have learned. Do or do not. There is no try. ~ Yoda

Happy Investing!

Progression

I can’t believe the progress as we near the end of construction.

We have Brick.

We have a cute little porch over the back door:

We have CABINETS!!!!!

Bath 2 Vanity (54" wide) — Bath 2 Vanity (54″ wide)

These are the kitchen cabinets here. He is working on my corner cabinet. This one faces him (the Dining Area). The dead corner is no longer dead! I know this cost me a little money, but I wanted to take advantage of every square foot in this house. This may only house tupperware or children’s toys, but it is a much needed cabinet.

The cabinets now have crown molding around the top which makes them look like a custom home rather than a rent house. Stove goes against the wall and the sink/dishwasher will be in this island. The dining room looks HUGE with the cabinets now in! I Think this house will be NICE when finished! I know there aren’t that many kitchen cabinets, but there will be a lot of counter space and the bonus, a HUGE pantry.

Below we have a pic of the Vaulted Master Bedroom. Of course it doesn’t look like much YET, but it will be amazing. 10′ ceilings in a rent house. Nice!

Walk in Closet(s):

This is the closet for the larger of the kids’ bedrooms. It is a walk-in. I utalized the space over the staircase (being sure to leave ample head-height below). My framers made these two landings in the closet so that the space above could be used. We will have double rods on the right wall until you get to that highest shelf, but the top rod will continue in an ‘L’ shape around the back wall (straight ahead). The tops of these two shelves will be carpeted as well as the step. There is a window on the left wall just out of the picture. I can only imagine what a little kid will do with this closet as a secret hide-out. I had a closet like this as a child and LOVED sitting on the shelf reading books.

The view:

The view out the master bedroom window is stunning. There are undeveloped lands beyond my property. I’m not sure how long it will stay this way, but for now, it is extreamly peaceful. I saw deer walking across the property a few months ago and then as spring budded, there was a lone dogwood blooming near this dead tree stump. Some of the trees will go away, we have some scrub-type trees too close to the house which we will remove, but this will give a nicer yard to my future tenants and will keep them from falling on the house during a storm. Best of both worlds, loads of trees, just not on my property!

We’re just beyond the half-way point!

I say we’re just beyond the 1/2 way point because I’ve spent a little more than 1/2 my money, so we’d BETTER be past the 1/2 way point!

We are getting Sheetrock and Brick this week and probably a bit of next week too. Both are going well!

Here we have the left side of the house. They are almost finished with it. I didn’t bother to look at the back side. The front and Right sides are only about 48″ high, but in a day or two they’ll all be finished.

The front porch, which I believe I’ve talked about previously, can’t have a window at the bottom of the stairs (unless we bought a really expensive one), so we cut that window, but to keep it from looking so bad/plain, we are adding a pair of closed shutters to give the front a little “pretty”. Those haven’t been put up yet, but it will give a punch of “non” color to the front. (They are black, which really isn’t a color… go ask your art teacher.)

Here’s a bit of the front.

There really isn’t much to see as far as the sheetrock is concerned, so I’ll save photos of that for a later post.

COLOR!

I like color. I especially love seeing a house come together, the entire process impresses and thrills me. A friend asked me the other day how things were going with this, my first investment home build… I told her I was equally thrilled and freaked out by the entire process. I was worried about interest payments, etc., then I calm myself down when I realize I only have to pay 3, or maybe 4 months worth of interest. It’s all good!

Anyway, We were supposed to be getting brick laid starting yesterday, however, it’s been raining off and on for the past few days so the sand for the morter is too wet, so the brick-layers have not yet begun their work, but the painters came today said that the wood was dry enough to put a layer of primer on the wood-work, so here we have some primer.

The siding will be about this color, but the trim/cornice will be much lighter as well as the trim around the windows and the garage door and column at the front porch. The shutters will be solid black and will be inset on the porch to the left of the front door to give the illusion of a window (but a window can no t be placed here because of the staircase directly beyond. Well, it COULD be a window, but it would have been very expensive tempered glass, and I didn’t want the liability of someone falling down the stairs, through the glass and out onto the front porch, so we simply omitted that window. There will be shutters at the tiny window above the front porch as well as the window above the garage door. This house should be really cute when finished.

Another Investment Plan

Hello everyone,

I have had a great opportunity to create yet another investment home. I’ll define this again, for those of you who won’t like this house. An investment house has very few cabinets in the kitchen and bathrooms. It also has small bathrooms… well, for the style of homes I typically design, for a NYC apartment, they are luxurious.

This home has 1350+/- sq. ft. with 4 bedrooms and 2 full baths. It is a 1 1/2 story home (it has a second floor, but appears from the front to only have one. The Master Bedroom and bath are on the first floor. This home has an open concept living/dining/kitchen so that those who love to entertain will have a great place to do that. There are 3 bedrooms and another bathroom upstairs for the kids, or an office, etc. There is a walk-out attic for the mechanical units (water heater, HV/AC, etc.

Have a look and as usual, I’d love to hear your comments.

Thanks, Janne