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Archive for the ‘multi family dwelling’ Category

Knowing a Firewall

Thursday, March 25, 2010
posted by Craig

There are two main classifications of fire walls: fire partitions, and true fire walls. To the layperson, the common use of firewalls are to slow down the fire’s ability to spread, also known as a 1 hour rated partition.subdividing a multi family dwelling for more CADS

  • A fire wall is a wall separating buildings or subdividing a building to prevent the spread of fire and having a fire resistance rating and structural stability. Double layered 5/8″ sheetrock or drywall.

There is a further sub-classification of fire walls. A high challenge fire wall is a wall used to separate buildings or subdivide a building with high fire challenge occupancies, having enhanced fire resistance ratings and enhanced appurtenance protection to prevent the spread of fire, and having structural stability.

Portions of structures that are subdivided by fire walls are permitted to be considered separate buildings, in that fire walls have sufficient structural stability to maintain the integrity of the wall in the event of the collapse of the building construction on either side of the wall. Are you a CADS manager? Do you aspire to be?

  • A fire barrier wall, also referred to as a fire partition, is a fire rated wall assembly which is not a fire wall. Typically, the main differences is that a fire barrier wall is not structurally stable, and does not extend through the roof, or to the underside of the floor above.

Fire barrier walls are continuous from an exterior wall to an exterior wall, or from a floor below to a floor or roof above, or from one fire barrier wall to another fire barrier wall, fire wall, or high challenge fire wall having a fire resistance rating of at least equal rating as required for the fire barrier wall. They are continuous through all concealed spaces (e.g., above a ceiling), but are not required to extend through concealed spaces if the construction assembly forming the bottom of the space has a fire resistance rating at least equal of the fire barrier wall.

mortgage variables {know the DIF}

Saturday, February 20, 2010
posted by Craig

There are more loan options available than ever before, your home or home improvement project needing financing [kitchen remodel/tile flooring] in IE, so take advantage of all the choice’s. Look for a lender who offers a wide variety of loan types, from conventional fixed-rate and adjustable-rate to newer ones such as hybrid ARMs and option ARMs. Your lender should be able to match you with a mortgage that’s right for your financial situation and risk tolerance.real estate investors [no-no]

Your home will eventually be worth more than you owe on it today, and all the lenders know this almost for certain, the caveat here lies in when and how much time it will take before this economy turns and heads for higher ground. The lenders also are aware of the fact that as long as the ratio of good to bad existing mortgages are out there than they will continue to have what they deem as non performing assets. Some guru’s believe it will still be heading downward through this year and the deals for investors could mean 50 cents on the dollar, that’s not to say in every market, but what it does say is that the time to acquire the tools is running out and no smart entrepreneur is willing to try and catch a falling knife.

Splitting a 4 unit into 4 units

Saturday, February 13, 2010
posted by Craig

Multi family dwellings such as apartments or condos, if bought right and split right can be an extremely profitable and people helping real estate strategy. But these cannot be accomplished with just any multi family building, you must know how to see an opportunity that exists and when to move onto the next one.multi family properties ??? Properties that can make the bank or break the bank.

Any DIY’er has the power to accomplish any of the acquisition strategies mentioned above by learning how to use OPM , the mentors in our community are also the practitioners that have walked the walk. Turning a pipe wrench for some plumbing repairs and improvements also have the ability to change your perception of this life and we like the future just as it sits in any economic environment.