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11-06-2009, 02:15 PM
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Building a new house
new house
Last edited by Croakies n Bows; 12-14-2009 at 03:01 AM.
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11-06-2009, 02:20 PM
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Super Moderator
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Join Date: Feb 2002
Location: Oklahoma City, Oklahoma
Posts: 18,656
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As in your active members are overseeing the project?
Form a housing corporation and put guys on it who have expertise and connections. Lawyers, CPAs and anyone who has a construction company would be where I'd start looking.
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Mu Tau 5, Central Oklahoma
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11-06-2009, 04:36 PM
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Probably a bad idea to have undergrads supervise a housing project. As an alternative, look to members' parents, or established members of the local community who aren't alumni of your fraternity but willing to help.
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11-06-2009, 05:15 PM
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Quote:
Originally Posted by Croakies n Bows
yes our active members are overseeing the project because we dont have any alumni that will.
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Wow.
How are you guys handling your financing? I can't even imagine financing new construction without some heavy alumni support.
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Mu Tau 5, Central Oklahoma
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11-06-2009, 05:30 PM
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Join Date: Aug 2002
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Quote:
Originally Posted by Kevin
As in your active members are overseeing the project?
Form a housing corporation and put guys on it who have expertise and connections. Lawyers, CPAs and anyone who has a construction company would be where I'd start looking.
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This makes me nervous as an architect who oversees construction projects on the client's side.
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11-06-2009, 05:33 PM
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From what you said in another post you aren't even chartered yet. Why are you guys so eager to build a house before you are even established yet?
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And he took a cup of coffee and gave thanks to God for it, saying, 'Each of you drink from it. This is my caffeine, which gives life.'
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11-06-2009, 05:34 PM
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Join Date: Feb 2009
Location: West of East Central North Carolina
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Quote:
Originally Posted by Kevin
Wow.
How are you guys handling your financing? I can't even imagine financing new construction without some heavy alumni support.
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I agree. You guys may be heading for a disaster if you do not pull in some alumni to assist with this undertaking. I suggest trying again. A better suggestion is to rent a place to meet, party, etc.
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A fool and his money are soon elected. - Will Rogers
Last edited by Ghostwriter; 11-06-2009 at 05:36 PM.
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11-06-2009, 05:52 PM
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Renting is a very good idea for new groups. Rent, get established, save some $, then someday, you'll be able to build. Doing it now is just pie in the sky unless y'all have some sort of benefactor who is fronting the money.
__________________
SN -SINCE 1869-
"EXCELLING WITH HONOR"
S N E T T
Mu Tau 5, Central Oklahoma
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11-06-2009, 06:18 PM
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Join Date: Jul 2003
Location: Sweet Home Alabama
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I would be surprised if a local fraternity could get financing without any alumni involvement. IT's hard enough for HC's of national organizations.
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11-06-2009, 09:51 PM
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Quote:
Originally Posted by Ghostwriter
A better suggestion is to rent a place to meet, party, etc.
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Quote:
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Originally Posted by Kevin
Renting is a very good idea for new groups. Rent, get established, save some $, then someday, you'll be able to build.
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This. If you're just starting out, renting may make more sense. You can use the time to learn how to manage a household, save money and build support.
.....Kelly 
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11-06-2009, 10:02 PM
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Yeah my chapter just hit ten years and we rented for all that time. Just maintaining a house, even a rented one, is a pain in the ass. Once you guys can deal with that and have the capability to either buy or mortgage a house, then worry about it.
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And he took a cup of coffee and gave thanks to God for it, saying, 'Each of you drink from it. This is my caffeine, which gives life.'
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