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  #1  
Old 11-06-2009, 01:15 PM
Croakies n Bows
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Building a new house

new house

Last edited by Croakies n Bows; 12-14-2009 at 02:01 AM.
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  #2  
Old 11-06-2009, 01:20 PM
Kevin Kevin is offline
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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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Old 11-06-2009, 03:36 PM
Firehouse Firehouse is offline
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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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Old 11-06-2009, 04:15 PM
Kevin Kevin is offline
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Originally Posted by Croakies n Bows View Post
yes our active members are overseeing the project because we dont have any alumni that will.
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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  #5  
Old 11-06-2009, 04:30 PM
Munchkin03 Munchkin03 is offline
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Originally Posted by Kevin View Post
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.
This makes me nervous as an architect who oversees construction projects on the client's side.
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  #6  
Old 11-06-2009, 04:33 PM
Psi U MC Vito Psi U MC Vito is offline
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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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  #7  
Old 11-06-2009, 04:34 PM
Ghostwriter Ghostwriter is offline
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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.

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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Last edited by Ghostwriter; 11-06-2009 at 04:36 PM.
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  #8  
Old 11-06-2009, 04:52 PM
Kevin Kevin is offline
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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.
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  #9  
Old 11-06-2009, 05:18 PM
Titchou Titchou is offline
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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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  #10  
Old 11-06-2009, 08:51 PM
navane navane is offline
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Quote:
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A better suggestion is to rent a place to meet, party, etc.
Quote:
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.
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  
Old 11-06-2009, 09:02 PM
Psi U MC Vito Psi U MC Vito is offline
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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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