Published at Thursday, April 19th, 2018 - 03:17:28 AM. . By Luisella Alfonsina.
Advice, "If I were to make any major changes, I would get rid of the fireplace. It just ended up being a huge hassle with everything that goes into building a gas fireplace -- the gas lines, etc." Dean's key recommendation: "Never hire anyone on time and materials. Always do the job on a flat rate bid. Never ever give anyone a job unless there is a penalty for being late on the job. Your money is on the line but the workers don't see it that way." For his project, every sub had a flat rate deal. They were given timelines to finish their portion of the project. If the job took 2 days longer than estimated, the worker paid the daily penalty fee. This kept the job moving in the right direction. It kept subs from wasting time on the job.
Once tenants move in, they pay minimal rent and utilities (e.g. $300 a month rent for a 300-square-foot home and an estimated electric bill of less than $35 per month). After three years, tenants are offered a contract to rent to own their homes within four years. This lengthy process is designed to help residents become disciplined about bill paying and the responsibilities of home ownership.
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