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DiPetrillo Properties Blog

By Published from, Operations for DiPetrillo Properties 05 Feb, 2021
NEED SOME GUIDANCE ON WHERE TO BEGIN? This is the one you have been waiting for, right? Where do you begin? You’re right in asking this question because if you have not done this before…there is so much that takes place from concept to completion. Scary, huh? – it doesn’t have to be if you have a knowledgeable instructor! It’s true that I don’t know the first thing about selling a car (mark up costs, carrier, dealer, lease obligations, etc.), and I’m not a heart surgeon and wouldn’t pretend to be even after a long night with friends – but, when it comes to building a home, I feel pretty confident that I can assist you. This is why I am going to share some of my expertise with you over the next 10 weeks or so — walking you through all the steps — from planning your home concept all the way through to placing the silverware in the kitchen drawer! Let start with… STEP 1: Planning- Where do you want to live? This may sound foolish, but it is really not. Some people spend the least amount of time on this one, when it is really the most critical part. This ONE question consist of: Can I afford the neighborhood: taxes, insurance, square footage requirements (in some developments) and on and on… Am I getting married, if so, are we planning on having children: how are the public school systems… What style houses go within the area of my choice(s) – you don’t want to over build or settle for something that is not appealing to you – what is my desired living space/square footage? Atmosphere in the area – things to do – quality of life (probably the most important question in Step 1 believe it or not!) What’s my minimum expectation for land/lot size – am I okay with just a small buildable lot size (maybe in close proximity to shared green space or community areas/playgrounds, etc…) or do I want ACRES? Do I want to own livestock? Do I want to live off the grid – times are getting tough… Can I find a house similar to my ‘list’ that might just need slight remodel work vs. a new build– and possibly save thousands (or tens of thousands)? Is this my permanent home or is it for only 5, 6, 8, 10 years? Do I really want to own a home – and do I want the responsibilities that come along with home ownership like landscaping, interior/exterior maintenance, those resulting improvement costs, the never ending ‘to do list’, etc…? Does it still sound scary? No worries, Craig DiPetrillo is here, to make your decision making process a whole lot easier! If you have the time, jump in and we’ll look at this one step at a time, together. This week, let’s focus on getting the answers to the 10 questions above. In addition to each week’s blog that will consecutively cover each step, we will post a ‘public’ question received with my answer, relative to the last step discussed. If you have a question on this current step, please email it to Info@DiPetrilloProperties.com . We will draw one or two from the group to answer. Coming next week, STEP 2: Planning – selecting a home design, financing, and a contractor. DiPetrillo Properties specializes in home building and renovations. We have over 25 years of design, construction and investment talent and experience waiting to be utilized on your next project. Call us today for a free in-house consultation with no obligation. DiPetrillo Properties – Property Management, Investments & Construction www.DiPetrilloProperties.com
By Published from, Operations for DiPetrillo Properties 16 Nov, 2020
This is a very interesting question, especially for my Rhode Island friends… Icy gutters and snow packed high on roofs that are slowly starting to thaw…whats next? Warming temps create disaster if followed by a freeze! Do not break the ice from the gutters when solid. An old method that I myself have used to help with the thawing – add salt to panty hose then lay it across the back of the gutter closest to the roof shingles to assist the thawing and create space. After separating the two (gutter from roof shingles), move the panty hose to the top of the gutter to thaw downward. When you feel the ice is soft enough slowly break apart without adding force to the hangers or gutter. IF it breaks loose go ahead and remove it but if it doesn’t STOP and let it thaw on its own. You already broke the ice dam apart (roof from gutter) which is most important. If snow remains on the roof it will potentially fill the gap again so you may want top have that removed by a professional first? As I’m sure you already know – if you do not climb roofs regularly, do not attempt any of this on your own, it can be a hazard. To safely remove snow from roofs, the Office of the Governor, RIEMA, HEALTH and OSHA recommend the following tips: Tips for Residents: • Hire a professional. Licensed and insured roof contractors are the best source of professional snow removers. • For roof snow removal, use a snow rake with a long extension arm that will allow you to remove the snow while standing on the ground. Snow rakes are available at most hardware stores. • Don’t use a roof rake while on a ladder and don’t attempt to scale your roof to remove snow. • If you must use a ladder, make certain that the base is securely anchored. • Roof drainage systems should be kept clear to minimize the risk of future roof ponding in the event of subsequent heavy snow melting. This is especially important for flat roofs. • Make certain not to contact electrical wires. • Don’t attempt to clear snow from your roof during periods of strong winds. • Snow removal equipment meant for pavement should never be used on the roof since they can damage the roof cover system. • When using products, such as ROOFMELT, read all manufacturer’s warnings and product safety information carefully. These products can be harmful to skin and eyes if used incorrectly. • “When in doubt, stay out, and evaluate” *If you feel that your roof is in danger of collapsing, get out of your house and contact your local building commissioner or a roof contractor. Tips from OSHA for Businesses: • When possible, use snow removal methods that do not involve workers going on roofs. • Evaluate loads exerted on the roof or structure (e.g., total weight of snow, workers and equipment used), compared to the load limit of the roof. • Require that workers use fall-protection equipment. • Ensure that workers use ladders and aerial lifts safely. • OSHA standards require employers to evaluate hazards and protect workers from falls when working at heights of four feet or more above a lower level or 6 feet or more for construction work. • For more detailed information on safely removing snow from rooftops and other elevated surfaces, please see information available at: http://www.osha.gov How to Recognize Signs of a Potential Roof Collapse: • Sagging roofs • Severe roof leaks • Cracked or split wood members • Bends or ripples in supports • Cracks in walls or masonry • Sheared off screws from steel frames • Sprinkler heads that have dropped down below ceiling tiles • Doors that pop open • Doors or windows that are difficult to open • Bowed utility pipes or conduit attached at ceiling • Creaking, cracking or popping sounds. In addition, remember to shovel out nearby fire hydrants and storm drains and please offer to assist elderly family and neighbors with shoveling and snow removal. The elderly or those with functional needs seeking assistance with shoveling should contact Serve Rhode Island at (401) 331-2298. Please note that Serve RI will not assist with removing snow from roofs. DiPetrillo Properties – Property Management, Investments & Construction www.DiPetrilloProperties.com
By Published from, Operations for DiPetrillo Properties 22 Jun, 2020
This is a very interesting question, especially for my Rhode Island friends… The color mentioned – ‘khaki’, e.g., tan, beige, desert sand, khaki…THE LIGHT BROWNS!!! It is the color family that has dominated the RI home market for decades. Why? Rhode Island has made two things clear: 1. fried calamari should be served tossed in an olive oil/balsamic vinegar with yellow banana peppers and some garlic, and; 2. the raised ranch home is the ideal contractor spec home and should have an exterior vinyl color of “khaki”. Why khaki? When building a spec home (a contractors model home speculated to sell) they want to be certain to stay with the neutral coloring as it has been proven to be the most appealing and calming. Even if the color of ” khaki” is not the first choice of the inquiring and potential home buyer – chances are they will not walk away or lose interest in purchasing the home vs. the houses with a loud finish/exterior color which is more costly to cover up or change if disliked. And, this is the same reason that “bone white” is most often the chosen paint for the interior walls and white for six panel interior doors. This is the leading package that has been sold in Rhode Island for over 25 years this coming August! Why are we seeing less of this model/package all of a sudden? Why the change? Simple. Contractors have been choosing to opt out of building spec homes from ground up due to the economy and the slowing (to almost extinction) of the middle class. These very important segments will need to be thriving if we’re to see that “khaki” raised ranch boom again! And in the last five years contractors began to shift gears away from fully gutted flip trend (which is now becoming very scarce) to flips with cosmetic touches. These cosmetic touchups I warn you…be careful. The permitting process is a bit sketchy, as it does not always require attention to: electrical, plumbing and mechanical areas. However, many contractors find these projects to be very lucrative and profitable and there are A LOT out there for sale now. Just a word of warning – if you do not know your contractor, you better investigate them well – I find this “cosmetic” home flip as the #1 cover up complaint in Rhode Island! Craig DiPetrillo – DiPetrillo Properties – Property Management, Investments & Construction www.DiPetrilloProperties.com
By Operations for DiPetrillo Properties 09 Apr, 2020
More and more local companies are stepping up to the table to assist and protect their very own Rhode Island community and so did a well-known local real estate property owned company and native. The owner, Craig J. DiPetrillo has called upon several of his colleagues, CPA firms, bankers, and other developers, and pleaded his facts, “We need to be ready to place a roof over their heads!” He was referring to those who are unemployed now due to the hovering COVID-19 within Rhode Island. “This state has been there for me and our family, and now it is time to give back, even if it costs us money we have no choice other than to do the right thing”, said Craig at a recent conference call with local banking institutions. Though he does continue by saying, “I am not sure what it is that we can do in such a short time alone, but we need to prepare to receive the new economic landscape that is going to be dropped off at our front door. This is not something that we can fix by doing typical negotiations with it [COVID-19] will expect us to know how to react. We need to predict only based on what has transpired in the last two weeks and will tell us where we are going. The work from home, online schooling for both college and elementary, social distancing is what will structure society moving forward. We have no choice to not only accept and adapt but to be ready to move forward. These facts are all we have to plan the future. This is reality. We are not only making history, but we are living history forward”, claims Craig. As an entrepreneur of business developments and investments, Craig is a visionary of planning and forecasting development timelines and results. Craig DiPetrillo & DiPetrillo Properties’ mission statement from day 1 has always been the same and will continue its path of excellence into the future.
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