Complete Whimsy, Uncategorized

DIY Disasters: Part 5

Apparently some do-it-yourselfers don’t do things perfectly each time… who woulda thought, ehh? Anyways, that’s what I’m here to document for all you lovely people:

Stairs to Nowhere:

1. Stairs to Nowhere

OK, this wasn’t a fix, this is just disgusting (no folks, that is not a yellow paint). Perhaps it’s not a good idea to smoke (a ridiculous amount) in your own home. Maybe this guy should have read a little Allen Carr.

1. Heavy Smoker

And I don’t know what they hell is going on here:

Ummm Thing

While I guess this next one would be more or less functional, there comes a time when using space efficiently just becomes a wee bit ridiculous.

wash + cook

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Part 1

Part 2

Part 3

Part 4

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Live and Learn, Uncategorized

Bill Syrios on Real Estate Investment

A few weeks back my father, who started Stewardship Properties back in 1989, gave a talk to the Eugene Real Estate Investment Group on his career and advice on real estate investment. I recommend that any aspiring real estate investors, or seasoned investors, or simply business or entrepreneurial minded folks should have a listen.

Part 1:

Q&A:

 

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Complete Whimsy, Live and Learn, Uncategorized

DIY Disasters: Part 4

This installment is all one house and could probably better be titled as “Why Meth is Bad, Kids” or perhaps “Meth and Useless, Free Wooden Crates You Can Tear Apart For Scrap Don’t Mix.”

When we bought this house and started remodeling it, the neighbor asked what we were doing. My response was “pretty much a complete gut job.” To which he replied, “that surprises me, the former owner was working on that house all day and night.”

Yeah, I bet he was:

Tweak Interior

Tweak, tweak, tweak…

Yes folks, he tacked every single one of those 1×2 pieces of scrap lumber onto the walls. But not only that, he did the soffits outside as well:

Tweak Soffit

And we actually left this, a worth reminder of such epic tweakage:

Tweak Shed

But this we had to get an electrician into change. Apparently, he had one light switch that would turn on the lights for the entire house. Oh yeah, and outlets on the soffit:
Tweek outlet

Meth is bad kids.

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Part 1

Part 2

Part 3

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Complete Whimsy, Live and Learn

DIY Disasters: Part 3

And so we continue. This one’s a bit hard to see, but look carefully at what this door opens into to:

Door to Concrete Wall

Well at least that’s to code, this is a wee bit more questionable:

SAMSUNG

At least this one isn’t, umm, slightly less than stable, but at a certain point, your pet’s favorite napping spot needs some TLC:

SAMSUNG

Or perhaps it’s just the house itself that is the abomination. How exactly is someone supposed to live in this thing:

SAMSUNG

Worry not folks, there’s more to come…

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Part 1

Part 2

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Complete Whimsy, Live and Learn, Uncategorized

DIY Disasters: Part 2

In my continuing series of things that people did themselves, but should not have (part 1 here), we have a whole host of new ways over zealous people have screwed up some of the most mundane things. Sometimes a can-do spirit is a bad thing folks. But this time I’m going to focus on things that were done well, they simply shouldn’t have been done in the first place. Let’s start with paint selection:

Creative Cabinets

Or how about this one, it’s a little dark put look closely:

SAMSUNG

Yes folks, that’s a ducting connected to plumbing. Luckily it was connected to the plumbing stack and not the rest of the ductwork. Now you just have a basement filled with poop instead of a house that smells like it.

And then there’s this monstrosity. The greatest/worst deck ever made:

Deck

And one more just for fun:

Deeeeccckkkk

More to come.

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Complete Whimsy, Live and Learn, Uncategorized

DIY Disasters: Part 1

For my real job in the non-cyber world, I invest in real estate (yes, it was a bit hairy circa 2007) in Kansas City. While I’m no fan of licences and permit laws (John Stossel and Walter Williams have a good take down of them here), sometimes, when witnessing the “do it yourself” home fixing abortions I’ve had the errr, pleasure of seeing, well I’m tempted to embrace such laws. You see, I look at a lot of houses, and most of them are fixers. And to make matters even worse, many of them have been “fixed” in the same way that old school doctors “healed”when doing some good ole blood letting. And given all of this, despite my libertarianism, if some up-start congressman tried to push through a law that, say required a license (one that was extremely difficult to get) to use insulating foam… I would support it.

So I’ve decided to put together a project documenting all of these disasters. Let’s start with the foam:

SAMSUNG

Or how about this:

SAMSUNG

Sometimes things are done well, they just shouldn’t have been done at all. For example, if you’re looking to break more glass than a wedding season in Israel, this is a good idea:

basketball courta

And sometimes, it just boils down to spelling… oh way to go public schools:

SAMSUNG

More to come folks. We’re just scratching the surface here, It gets much, much, much worse…

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Photo Credit: Liberty Pen 

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Dubiously Free Trade, Game Theory, Housing, Trust

China’s Ghost Cities and the Asian Real Estate Bubble

After meandering throughTom Woods’ blog I saw this 60 Minutes video he posted about the Chinese ghost cities. This isn’t like the North Korean city of Kijŏng-dong, which was built by Kim Il-Sung with no intention of every being inhabitated, this what appears to be the beginning (or more likely, the end) of a massive government-subsidized real estate bubble in China. A year or two ago I linked to an article in the Daily Mail with satellite pictures of China’s ghost cities, but it’s gotten a lot worse. Now you have massive swaths of apartments and commercial buildings that the new, burgeoning Chinese middle class is investing in them, but can not afford to actually live in them (and who would want to given that no one else is there). I highly recommend watching this video and pondering what will happen we have the Asian remake of the western real estate collapse:

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Photo Credit: BusinessInsider.com

 

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