17 Comments
Jun 30, 2022Liked by Jan Peppler, PhD

I think you have time on your side and you should choose to use it. Reject any need to make a deal, patience will reveal the right and affordable property. Good luck, let me know when I can visit! 🤭 this is a

great adventure, seek good advise, it will work out, promise! Phil

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Jun 24, 2022Liked by Jan Peppler, PhD

If I were younger I might be up for such a project.

I did actually totally renovate a hundred year old three flat in Logan square thirty years ago or so.

Now I am in a condo in Oak Park and happy as a kitten eating cupcakes.

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Jun 24, 2022Liked by Jan Peppler, PhD

If you have the time you can save a lot by DIY. Years ago I had 5 kids (ages 6 and under) in my house as we ripped out the carpet and laid down wooden floors, sanded and ceiling (it is wood) and painted the beams. I was able to put the kids to work a little. I also tried to explain what we were doing and how it was done. I didn't expect them to learn anything EXCEPT that if their stupid old uncle could do it then when their time came they could do it also. If you can avoid hitting your thumb with the hammer you can probably do a lot. Even if you have to buy tools, you can probably sell them later for half or more of what you paid.

Watch everything you can on YouTube, especially the ones where they point out mistakes.

Make an offer well below the asking price. Ask the contractor if there are things you can do to lower the cost. You can rip stuff out for them and clean up after them. I'll bet as soon as your neighbors see you doing the work you will get some help. Pay contractors as little as possible up front and then only for work as it is completed. Be at the house as much as possible.

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Jun 24, 2022Liked by Jan Peppler, PhD

It’s my understanding that finding a home is ultimately the easy part. The bureaucracy and the difficulties getting people to show up and do the work I’ve heard are the real challenges. If you haven’t already looked into those things you may want to before you buy a place. You may also want to start learning how to do some things yourself and whatever your budget you will probably need to add on at least a 25% or more contingency just to cover hidden costs you weren’t expecting above and beyond the home price and planned renovations. Also you may need to stay somewhere else while some of the work is being done, which can be expensive, especially if workers don’t show up and/or other delays happen. Lorraine Bracco ultimately spent upwards of 300k for her 1 euro home. Good luck my friend!

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Jun 24, 2022Liked by Jan Peppler, PhD

Pay attention: mamma (with 2 m) mia, not mama mia! If u want to be part of the BelPaese

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founding
Jun 24, 2022Liked by Jan Peppler, PhD

I am amazed at the charm of these places. So different than the purchase of a condo or home in the States. I see the draw. I hope you find one that works!!

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Dear, you are still very far from understanding how Italy really works. In the real estate market there are so many speculations and overestimations! Any owner thinks that his house Is the best One even if It Is near the crash. And the intermediaris are even worse. It Will be really, really difficult to get a house. Not to mention how sufferimg and expensive and ineffective Will be the renovation/renewal works.

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