Plaster Ceiling Tear Down

what does it roughly cost to remove and replace a plaster ceiling in a 13x13 room. The ceiling is sagging and needs to be torn down. The walls are also plaster and some have some severe cracks 1 inch wide and a couple of feet long in spots. Can they be patch and the entire wall coated with something to hide them or would it be better to tear down and drywall?

thanks
Jason

Comments(12)

  • propertylogistics27th April, 2005

    The cost is based on your locale but it only costs me a 10yard dumpster ($250), a couple hammers ($40) and 2 day laborers ($10/hour) to get the job done in a couple of hours.

    After that, I rent a drywall panel lift from Home Depot ($25) and put up 5 sheets of 1/2" drywall ($40).

    Good Luck[ Edited by propertylogistics on Date 04/27/2005 ]

  • bob7126th April, 2005

    And sorry I should have read the rest of your article before flying off the handle. I certainly would not recomend walmart either. go to a paint store. uci, porter, coranado, pittsburgh and get their top of the line stuff. with these products you pay for paint not catchy advertising.

  • rmdane200026th April, 2005

    Consumer Reports ranks Behr the best value....

  • bob7126th April, 2005

    consumer reports also ranked michelob as the best tasting beer. come on...michelob?

  • InActive_Account27th April, 2005

    Must be Florida thing. Some of the absolute best paints I have ever used are BM. MoorGuard, MoorGlo, MoorLife, Muresco Ceiling White, Waterborne/Alkyd satin Impervo, Interiors, Regal Wall Satin, Regal Matte.

    I also have a love affair with SW paints too.

  • NC_Yank27th April, 2005

    I can see using a high quality paint for a custom or your personal home, however in REI, where you want to rehab and get out.
    I think it is a waste of money to buy the best paint on the market only for Harriet Homeowner to come and and repaint everything........typically with something cheap.

    I have seen it time and time again. If I were to listen to every subcontractor / salesmen tell me that by spending the additional monies on his product.....it will help sale the house.....I would be poor.

    I personally dont have a problem going down to HD and getting 25 gallons of Glidden Ultrahide and be done with it,
    especially knowing the new home owner is going to repaint in a year or so.

    I will put my extra money in more curb appeal, kitchen and baths all day long and be wealthier for it.

    It is good to know how your local area can have effect on varrious products, in particular paint.

    CR is a good magazine however I would not bank on everything they say or recommend.


    NC_Yank

  • InActive_Account28th April, 2005

    Once again, Yank pulls me back into reality whether I wanted to be or not.

  • InActive_Account28th April, 2005

    Bob - good insight and information thanks for sharing your experience.

  • mcole27th April, 2005

    Okay, so let me get this straight.

    You find a property for $80k and buy it sub-2
    Girlfriend puts up $20K cash for rehab
    You fix it up, or have someone fix it up.
    You sell it for $140k.
    You pay off the $80k
    You pay girlfriend her $20k back
    You now have $40k left
    You pay girlfriend $2,400 interest (roughly)

    So in the end, you pocket $37,600 and girlfriend gets a measly $2,400. Hmmm…..sounds pretty fair to me.

    In all seriousness, I wouldn’t do it at all with a girlfriend, unless it was some sort of an equal split of profits. Even then you could be asking for trouble if there are cost overruns, it doesn’t sell fast enough, doesn’t sell for market value, etc., etc.

    I believe anytime you do business with friends or family members, it can add a whole new level of complications and issues that weren’t there before. I would tread lightly.

    Just my 2 cents.

  • InActive_Account28th April, 2005

    Why is the girlfriend entitled to profit sharing of the deal? Why would the girlfriend who is acting as a hardmoney lender be entitled to anything above and beyond the scope of what any other hard money lender would recieve in the same situation?

  • bargain7628th April, 2005

    My $,02 worth: A hard money lender would get POINTS, a recordable contract, maybe insist on progress reports before disbursing funds and could foreclose if required and end up owning the property if you do not pay the money back.

    If you want to treat your friend as a hard money lender, do the above for her, just as you would do with a stranger lending hard money.

    Trust has nothing to do with this. This is business.
    [addsig]

  • jaborg28th April, 2005

    well i will be honest with u. It depends on a few factor. but the number one thing i would do is treat this like any of ur normal deals. I would not like to see u on judge judy because u have no proof of the deal. I would consider this if u are looking to possible make this girlfriend more than a girl friend. Pay her the money as a hard money lender. Now this part is your choice. Lets say u make 37,000. out of the deal. If u really want to look good in her eyes as trust and her family eyes, u could give her and extra 5 or 10,000. That would atleast show her and her family u are willing to do what it takes to help her and stand by her when she needs it. If she would say thanks and take off after this nice gester from u. then it wasnt ment to be. and hay u still made 27,000. off the deal that is sweet.

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