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#541922 - 12/28/12 06:09 PM New Chapter  
Joined: Oct 2003
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captkevin Online content
Admiral
captkevin  Online Content
Admiral

Joined: Oct 2003
Posts: 7,282
Chicago, IL
Well it is official. As of 4 pm cst today my brother & I are owners of a house in Sullivan Illinois by Lake Shelbyville.

http://www.list-a-home.net/Bitzer/bitzer_prop_info.asp?mls=216462


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
#541923 - 12/28/12 06:13 PM Re: New Chapter [Re: captkevin]  
Joined: Oct 2003
Posts: 7,282
captkevin Online content
Admiral
captkevin  Online Content
Admiral

Joined: Oct 2003
Posts: 7,282
Chicago, IL
Not much to look at but with a lot of work it will turn into a nice little summer place. Has 4 bedroom & 1.5 baths on 4.6 acres of property.

We are going to do some major rehab

Tear off roof & replace with metal roof.

Get rid of the shingles on the side of the house & re-frame the exterior to be normal siding.

On the interior we are going to get rid of all the carpet & put in wood floors.

Tear out the kitchen


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
#541924 - 12/28/12 06:15 PM Re: New Chapter [Re: captkevin]  
Joined: Oct 2003
Posts: 7,282
captkevin Online content
Admiral
captkevin  Online Content
Admiral

Joined: Oct 2003
Posts: 7,282
Chicago, IL
Something we have been looking at for a long time & this deal was too hard to pass up. We got a great deal & are less than 1 mile from the lake. Probably less than 4 miles from the closest launch.

We have been working on this deal for awhile. It was a short sale & it took all of the planets lining up to get it closed. Glad it finally happened so I could share our news. At times it didn't seem like it would happen.


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
#541926 - 12/28/12 07:09 PM Re: New Chapter [Re: captkevin]  
Joined: Sep 2003
Posts: 7,185
MarkHB Offline
Dressed for dinner
MarkHB  Offline
Dressed for dinner
Admiral

Joined: Sep 2003
Posts: 7,185
CA
Real nice digs there. Congratulations.


24' Monterey Explorer
Honda PWC
http://www.picturetrail.com/markhb

Golf!! Waste of a good gun range.
#541927 - 12/28/12 07:20 PM Re: New Chapter [Re: captkevin]  
Joined: Oct 2003
Posts: 7,282
captkevin Online content
Admiral
captkevin  Online Content
Admiral

Joined: Oct 2003
Posts: 7,282
Chicago, IL
It isn't real nice now but it will be

What it does have is lots of potential

Wife has not even seen it in person - said she knows we will do a good job - shes a keeper


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
#541934 - 12/28/12 07:34 PM Re: New Chapter [Re: captkevin]  
Joined: Jan 2003
Posts: 6,971
Parrott_head Offline
Admiral of Vice
Parrott_head  Offline
Admiral of Vice
Admiral

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Posts: 6,971
I see lots of potential with what you have.
On the facing end you can put in a nice large screened in porch. On top of the porch roof put a railing and a door into the house. Now you have a secluded sun porch.

Extend out from the porch a bit and put in an outdoor kitchen.

I like it.


Former owner of a 2002 Four Winns 234 FunShip
'16 F250 4x4 Oil Burner
"Hey, if I'm a Vice Admiral, which vice do I get to claim?"
#541935 - 12/28/12 07:36 PM Re: New Chapter [Re: captkevin]  
Joined: Oct 2003
Posts: 7,282
captkevin Online content
Admiral
captkevin  Online Content
Admiral

Joined: Oct 2003
Posts: 7,282
Chicago, IL
If we get all of the house rehab done this year - next year will be pole barn time & then new boat.


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
#541937 - 12/28/12 07:38 PM Re: New Chapter [Re: captkevin]  
Joined: Oct 2003
Posts: 7,282
captkevin Online content
Admiral
captkevin  Online Content
Admiral

Joined: Oct 2003
Posts: 7,282
Chicago, IL
One of the bedrooms upstairs is 22' x 24'. We are going to divide it into 2 rooms 12' x 24'. That makes 5 bedrooms. Lots of rooms for friends & family.


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
#541940 - 12/28/12 07:56 PM Re: New Chapter [Re: captkevin]  
Joined: Jul 2003
Posts: 6,489
Dave R Offline
Admiral
Dave R  Offline
Admiral

Joined: Jul 2003
Posts: 6,489
Raymond NH
Congrats! That's so cool and so reasonably priced. Good luck!

I used Fabral standing seam metal roof for my "boatport". Love it.


"Mischief Managed"
2000 Regal 2550 LSC
7.4 MPI Bravo 3
#541943 - 12/28/12 08:45 PM Re: New Chapter [Re: captkevin]  
Joined: Aug 2005
Posts: 4,833
BToran Offline
Admiral
BToran  Offline
Admiral

Joined: Aug 2005
Posts: 4,833
Northport, New York
congrats! we bought our current house on a short sale. nerve wracking process, but worth it when it works out.


Bruce Toran
Former Owner of a 1996 Carver 320 Voyager
-----------------------------------------
"Don't Eat Anything Bigger Than Your Head"
#541945 - 12/28/12 09:14 PM Re: New Chapter [Re: captkevin]  
Joined: Nov 2003
Posts: 14,923
GoFirstClass Online content
Retired Boating Bum
GoFirstClass  Online Content
Retired Boating Bum
Grand Poobah

Joined: Nov 2003
Posts: 14,923
Pasco, WA
Short sales are a PITA but they can provide a good deal on a home. That's how we bought our home in AZ. We ended up paying about 40% of what it sold for when new in 2007.


"Beachcomber" 1995 Sea Ray 550 Sedan Bridge


Anchor's down......Bottoms Up!
#541951 - 12/28/12 11:39 PM Re: New Chapter [Re: GoFirstClass]  
Joined: Jun 2010
Posts: 2,133
CharlesS Offline
Admiral
CharlesS  Offline
Admiral

Joined: Jun 2010
Posts: 2,133
Bryson City, NC. 28713
Congrats! Looking forward to watching your progress making you own.


#541953 - 12/29/12 07:23 AM Re: New Chapter [Re: captkevin]  
Joined: Jan 2003
Posts: 528
Mike K Offline
Admiral
Mike K  Offline
Admiral

Joined: Jan 2003
Posts: 528
Boston,Ma
Congrats and good luck!
Take plenty of "before" pics.


"I Never met a lake I didn't like"
2000 Bennington 22' pontoon
1998 Four Winns 200 Horizon
1986 Aqua Patio 24' pontoon
2003 Chev. Trailblazer
#541957 - 12/29/12 09:12 AM Re: New Chapter [Re: captkevin]  
Joined: Jan 2003
Posts: 3,840
Dock Holiday Offline
Admiral
Dock Holiday  Offline
Admiral

Joined: Jan 2003
Posts: 3,840
Lake Geneva, WI
Congrats. There is nothing more satisfying that owning real estate, especially 4.5 acres of real estate! What are you going to do with the huge lot?

#541960 - 12/29/12 09:49 AM Re: New Chapter [Re: captkevin]  
Joined: Oct 2003
Posts: 7,282
captkevin Online content
Admiral
captkevin  Online Content
Admiral

Joined: Oct 2003
Posts: 7,282
Chicago, IL
3 of the acres are farmed & generate $600 a year of income.


2004 Rinker 232
2010 Dodge Ram Crew Cab Laramie 4x4
#541961 - 12/29/12 10:27 AM Re: New Chapter [Re: captkevin]  
Joined: Jan 2003
Posts: 3,840
Dock Holiday Offline
Admiral
Dock Holiday  Offline
Admiral

Joined: Jan 2003
Posts: 3,840
Lake Geneva, WI
Originally Posted By: captkevin
3 of the acres are farmed & generate $600 a year of income.


Sweet! Certainly beets cutting the grass on 3 acres.

#541962 - 12/29/12 10:29 AM Re: New Chapter [Re: captkevin]  
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Posts: 6,971
Parrott_head Offline
Admiral of Vice
Parrott_head  Offline
Admiral of Vice
Admiral

Joined: Jan 2003
Posts: 6,971
Originally Posted By: captkevin
3 of the acres are farmed & generate $600 a year of income.


Sweet!! No mowing!!

If you are going to be doing any plumbing work try to find a place to put a drain in real low and a vent in real high. For the winter you shut the water off and gravity drain all your lines and leave the taps open.

Windshield washer fluid makes a great cheap product to put into the sink traps and toilets. A half gallon of pick Anti Freeze in the washing machine and let it do a final spin cycle.

Make sure you have a dryer vent that closes tight or field mice will make a Congo Line into your place.


Former owner of a 2002 Four Winns 234 FunShip
'16 F250 4x4 Oil Burner
"Hey, if I'm a Vice Admiral, which vice do I get to claim?"
#541963 - 12/29/12 11:05 AM Re: New Chapter [Re: captkevin]  
Joined: Jan 2003
Posts: 3,840
Dock Holiday Offline
Admiral
Dock Holiday  Offline
Admiral

Joined: Jan 2003
Posts: 3,840
Lake Geneva, WI
If you have internet access at the lake house, you can get devices to remotely monitor things such as ambient temperature inside the house.

#541964 - 12/29/12 03:28 PM Re: New Chapter [Re: captkevin]  
Joined: Jan 2003
Posts: 3,840
Dock Holiday Offline
Admiral
Dock Holiday  Offline
Admiral

Joined: Jan 2003
Posts: 3,840
Lake Geneva, WI
The Admiral just informed me that today is the 1 year anniversary of our lake house. Just arrived for our 2nd NYE in the house.

IMHO, your first project should be a fire pit in the yard. Nothing like knocking back a few cold ones by the fire after a long day of boating!

#541966 - 12/29/12 05:46 PM Re: New Chapter [Re: captkevin]  
Joined: Dec 2005
Posts: 7,409
Lambert Laker Offline
Admiral
Lambert Laker  Offline
Admiral

Joined: Dec 2005
Posts: 7,409
MD
Congrats CK, what a sweet deal you guys have!
And more compliments to you, BT, GFC and others who have made the right financial decisions do get something like this done.
We are on the other side of a short sale currently & posts like yours are inspiration for us to get righted ASAP.
We hope to be where you are within 5-10 years.
Great stuff looking forward to the progress thumb


LL

"Common Sense is not common to everyone"
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