Home Real Estate Buying an Abandoned Building for $18,000 | Future Wood Shop

Buying an Abandoned Building for $18,000 | Future Wood Shop

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Buying an Abandoned Building for $18,000 | Future Wood Shop

Buying a Building for $18,000 | Future Wood Shop. This is a tour of a 4000 square foot mixed use building in East Dayton, Ohio that we have been renovating. The top floor will hold two apartments and the bottom floor will be a wood shop and a showroom, retail space for my creations. We bought this building in 2017 and started renovating it in 2019. After a covid induced break we are working hard to finish the renovation.

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@ 0:00 Intro
@ 0:31 Making an offer
@ 1:58 Time travel
@ 2:31 Hit by a drunk driver
@ 3:31 Stairs
@ 4:02 AirBnB Apartment
@ 5:22 Big Apartment
@ 7:35 Need for a new wood shop
@ 8:03 Masonry repairs, new glass doors
@ 8:57 Affordable housing is a misnomer
@ 10:05 Residential inspection passed
@ 10:48 Commercial space
@ 11:12 Two hour fire ceiling
@ 12:38 Resilient channel RC-1
@ 13:38 Commercial space inspection results
@ 15:28 Adding a LVL
@ 16:55 Fire blocking
@ 17:45 Scraping wallpaper, finishing drywall
@ 18:00 Before and after shots

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32 COMMENTS

  1. Congrats on the new building Mike. So sorry you're going through so much crap with the inspectors and the city trying to move things along. I know once you're done with the renovations your new workshop is going to be epic! I can't wait to see the design plan you'll have for it. The building looks really good and solid and I'm sure Sarah's going to be over the moon when the rental apartment and studio will be done so she can focus on other things.

  2. Love it! I pass this building every day on my way to work. Historic preservation is so important. I'd rather have a headache with the city inspectors (been there a lot, I manage Wright Dunbar, Inc. in West Dayton) and have a building with character and workmanship than a piece of junk built today! Kudos!

  3. The tell me everything I did wrong and how it’s gonna catch on fire closing remarks are the exact reason why I watch all your videos to the very end, this one was very well done and with that little nugget at the end moves the 4 1/2 stars I was thinking up to 5. Well done sir, well done.

  4. It´s nice that you are talking so freely about your role in the family, and that Sarah is the money-maker in the family!. Most families I know, the men would be way too ashamed to reveal this! By the way: They would not reveal this, but just "admit it", as it would be something nasty to deal with! That said, my ex-mother in law was convinced 1000%, that the wife doesn´t have to work at all! – due to the marriage, it is god given privilege of all wifes, that they don´t need to work at all after marriage!

  5. wow that`s allot of work no wonder we haven`t seen you for a while but what a fantastic job youv`e done. The city council are pains in the but.at least you can go ahead and finish it off and I hop that you can really get profit from it now . Good to see you sending love from Australia xxx

  6. Loved this video. It is a cool building. Love the dark blue color. Glad you are going through all the hoops even though it is a pain and expensive. In the long run it will pay off with insurance and resale. Would love to see more. Stay safe.

  7. So very good to see you again! I hope that you and Sarah and your lovely dog are healthy and happy. Hope the rest of your extended family are good too.
    That is one heck of a BIG job!
    I'd have thought you would have pulled every strand of hair off of your head from sheer frustration! You two are truly remarkable people. Blessings on you and whatever project you take on.

  8. I very much enjoyed watching this video. You were frank and honest about not only your current work and the difficulties have been encountering, but your background. It gives us all a better perspective on both your wife and you and the parts you play in this work. Now I feel I can really root for you all and wish you every success. You're doing a heck of a good job in spite of the greedy, self-absorbed bureaucrats.

  9. I was looking at the PTRAP for the washer drain at 4:05 I had to do a similar build to fit mine between 2×4 studs. Everything I've read said it needs to be at least the with of the trap from the vent /drain downspout but I couldn't fit that. I've been stressed about it but yours is almost identical so I feel better lol. What did you do for the dryer vent?

  10. Love this – Your cabin videos are Great – watched them all from the beginning (one of the best off grid cabins on You Tube) but I really believe your channel could really exploded if you run a series on the revitalization of the older buildings. (Like your shop) couple that with sharing your business models on how turning that upstairs space into apartment and Air bnb will allow your wife to stop working. (I won't to know more)That is what I look to Youtube for…creating a business within a business. Will this be your first Air BNB? Do you have other rentals? This is the type of stuff I watch…I dream of a off grid cabin and potential weekly rentals in destination locations and how to do it. Keep it up.

  11. Mike, super intrigued by your building. I run project management for a Dayton based REI company. Would love to touch base sometime and swap ideas and contacts. We meet every Friday morning downtown if you’re up for it

  12. Oh cool! I'd sort of wondered what you were doing with the shop after you mentioned that you moved out. Congratulations, I know it's cutting into cabin money and time but in the long run, it seems like a fantastic investment. A few van dwellers I follow are getting rental properties but most of them are investing in Florida. It will be interesting to see if they survive the hurricanes and other weather related stuff. At a glance, it appears that the repairs were well done; I hope they'll paint the new brick. Will the fire precautions also provide sound deadening so your renters don't complain about you working in your shop?

  13. 2:54 if able, maybe some new concrete pillars to help stop the building getting hit again. Forget the “name” of what they actually called, but see them at stores and other commercial buildings.
    Put some up in my backyard b/c a driver went thru red light and into my fence, thru yard and landed in pool, 🤦🏼
    So, next time happens, they will be met w/ concrete pillars to stop from getting into yard and hitting house, got lucky and hit and landed in pool’s deep end, but foot over and woulda hit sons room, that woulda been bad.

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