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Old 08-16-2014, 9:40pm   #1
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Default New project..

Close on the 29th with a 2 week rent back.

First one I ever brought in GA that was actually liveable at the time of closing. Hence the street view drive by pics.




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Old 08-16-2014, 9:41pm   #2
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What work does this one need? Just refreshing?
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Old 08-16-2014, 9:53pm   #3
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Looks good. How long of a flip will this one be? Your last one turned out great.
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Old 08-16-2014, 10:04pm   #4
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Nice. Real nice.
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Old 08-16-2014, 10:27pm   #5
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What work does this one need? Just refreshing?
Roofs fine. Its not architectural but it's only 4 years old.
4 sided brick (may paint it)
Needs windows and doors.
Driveway is rough but its long. We'll see where the budget is at the end and figure out if we want to do it.
Gutters are fine.
Slab for back patio needs to be repoured.
May enclose carport depending upon budget at the end.
Minimal landscaping. No real tree work, just swapping out overgrown shrubs, grinding stumps, mulch, etc..
Baths will be redone
Kitchen will be expanded pulling square footage away from a formal livingroom that we will lose all together.
Basement is partially finished and we will finish it. As the house sits its a 3/2. We will make it a 5/3. We may even go mother/daughter with another kitchen downstairs (gotta look harder at comps).
AC/Furnace/Water heater are all 2 years young.
Square footage is 1700 up and another 1700 down. It's a deceptively large house.
There is a huge lot next to the house where there used to be a house that it seems someone still owns and maintains the land so their is no neighbor on top of you to the one side. Back yard is wooded. Solid schools, good commuter location, etc.

Projecting 2 months. Putting some monetary incentives in place for my GC if we get done early and penalties in place if we get done late like the last one.
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Old 08-16-2014, 10:30pm   #6
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Old 08-17-2014, 6:28am   #7
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Sounds like a full time job Mark,hope everything works out in your favor.
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Old 08-17-2014, 7:22am   #8
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Love these threads!

Good luck on finishing on time and under budget.

It looks like a really nice house.
Paint the brick? jmho
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Old 08-17-2014, 7:50am   #9
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Love these threads!

Good luck on finishing on time and under budget.

It looks like a really nice house.
Paint the brick? jmho
On all points.

Nice find brutha.
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Old 08-17-2014, 7:54am   #10
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Paint the brick? jmho
Agree. Not on the OP home.

Although I've done it. And it can work in the right setting. I've even built new and painted new brick. It just had to be the right architecture and setting.
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Old 08-17-2014, 8:40am   #11
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There are 4 houses in close proximity with the same look. Just want to differentiate it from the others.

This is what We were thinking as it has gray shingles already.



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Old 08-17-2014, 8:49am   #12
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Quote:
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Love these threads!

Good luck on finishing on time and under budget.

It looks like a really nice house.
Paint the brick? jmho
I AGREE!!!!!!!!!


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Old 08-17-2014, 9:18am   #13
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Quote:
Originally Posted by ...Whitepower... View Post
There are 4 houses in close proximity with the same look. Just want to differentiate it from the others.

This is what We were thinking as it has gray shingles already.



Those are nice colors, and like you said it would set it apart from the rest of the houses there.

Nice looking lot too!

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Old 08-17-2014, 9:26am   #14
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One of our neighbors painted their brick house,.....looks like shit.
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Old 08-17-2014, 1:26pm   #15
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Like Lars said... It can work.

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Old 08-29-2014, 6:32pm   #16
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Closed.

Seller will be out Sunday(nice surprise). Dumpster Tuesday and demo Wednesday.


Btw it was sad to see this guy only netting $3k on the HUD On a house he's lived in 40 years.
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Old 08-29-2014, 7:59pm   #17
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Btw it was sad to see this guy only netting $3k on the HUD On a house he's lived in 40 years.
Indeed. That is why I never listen to the financial genius' who tell me it is stupid to live in a house that has no mortgage when money is so "cheap".



Looking forward to seeing your improvements to this one Mark. You are one of the sharpest investors I have ever seen that flips houses.
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Old 09-19-2014, 6:10am   #18
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Seeing that everyone's updating shit...

Work started.

Looking to enclose the car port into a legit garage now. Need to move the electrical meter.
Sliding glass door in back is going to be a regular door so we can salvage more square footage for the kitchen.
Put in a 30ft beam in the living area so we could blow out 3 walls (open concept is what people want.
Three new tubs/shower enclosures are in and tile in baths are done vanities were just picked up for install. Addressing blocked drain today.
Tree work soon so we can paint.
Concrete pad (cracked) in back and walk were demoed in perpetration for upgrade.
House had a glory hole and an alter room. No BS.


My GC got to work so quick I never took before pics but I'll upload some of what I have later.
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Old 09-19-2014, 6:33am   #19
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Moving the meter ? That's a pretty expensive option.
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Old 09-19-2014, 8:04am   #20
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Moving the meter ? That's a pretty expensive option.
Trying to figure that out now. Just talked to my GC and he is saying he'll probably run all the wiring so all that has to be done is the connections. His electrician wanted 2k to do it all which is more than we anticipated. The problem is if you look at the very first pic i posted the box is pretty much in line with the back passenger door of the maroon altima in the carport. We have to move it to the far left side (back driver side door of green car) which would be the exterior wall of the garage if we enclose it like planned so the meter reader can access it.
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