Great job on that house!

Our major problems came around once we had out main ideas planned out. We got the house and started with a bang. In one weekend we all agreed on how the new layout, colors, upgrades etc would be done and did all the demo that need to happen for us to do this. Then people just started getting lazy. I was the only one that was self employed so it seemed like most of it got dumped on me to handle since I could be free during the day.

The hardest part was just getting people motivated to get in and work on the house. We got a deal where we had no payments for 90 days. We wanted to have the house done and sold in that time. After the first weekend I think everyone started feeling like we had plenty of time so they dragged their feet and always had reasons not to work. In the end it actually took us 4 months to flip it, but had people been motivated it could have happened in 1-2 easy.

looks awesome doode! can you do the same with my house ? :P

I know where you are coming from Kane.
First problem is everyone needs to be motivated and have a passion for it. If you don't enjoy doing something, it won't get done.

Seems like you enjoy it, but the others don't.

I bet if they started seeing 100K profit from each one, they would all quit their day jobs and end up having a passion for it. :1orglaugh

Best advice to you since you enjoy it most and seem to be the most dedicated. Get rid of the partners, buy a smaller house but make more of the profit. No partners to deal with.

Sure, what time works for you. Free Consultation. :1orglaugh

Very nice man, seems like a fun hobby but definitely not one for a middle class person it seems.

that`s pretty impressive!!! Great work :thumbsup

Looks really good Dave, nice work.

Sure it is, Just start on a small house if you can find a good deal.

Thanks Konkan

Thanks Kristin

Get your hottie wife to play the pro flipper, now THAT will get an audience going :thumbsup

Thank you,

Great idea, But she is producing her own show that should be airing hopefully on NBC in about a month. But nothing is guaranteed in that business. But so far, it's looking good.

i misread the title, i thought you wrote *here are a couple of mine*

anyhoo, cool!

lolz

Keep us in the loop, will be curious to watch that show

Dave - I'm curious how you took living space away (by adding the garage), added new windows, a new roof, and did the interior re-model and still made a profit.

Thank you, I will. :thumbsup

Actually, the house has to have a garage, the former owners had removed the Garage Door and turned it into a bedroom illegally. And to get FHA loans for a first time buyer, it must have a garage.

I picked it up really cheap, Complete Re-Pipe, moved water heater from inside to outside too, 70% new electrical, with new recessed lighting, brand new central heat. New Windows, New Doors, and kitchen, new bath, kept the hardwood and re-stained them. There is still plenty of room for Profit. Just need to be smart about it. Can't just call Subs and contract it all out.

It's hard to find, but there are deals out there.

You can see why I got it cheap.
This is this same room. Just shot at a different angle.

Before
http://www.cyberagedave.com/Pinkroom.jpg

After
http://www.cyberagedave.com/Pinkroom2.jpg

i once helped remodelling a club - incl. 24h shifts and sleeping in front of the bar to make it for the opening. cured me for life. but nice job on the house

I'm very impressed.

You saved that house. The original owners would cry if they saw it.

You are probably correct about them being more motivated if there was more money in it for them.

Thanks for the advice. I have been thinking about getting back into it, maybe I will in future and if I do I will be going it alone and just hiring people to do things that I can't do myself.

Been there done that. Not fun at all. You just aren't ready for that many people to test what you built in one night. But it's fun when the first night is done and over with.
Then you can see how bad everyone thrashed the club after your hard work. :Oh crap

Thanks,

I have a friend that builds custom homes, he saw it on the first day and said not to buy it. He said level it and start fresh. I told him to give me a month, and now he is shocked its the same house. (And he is a builder) lol

I think they cried when the bank took it over, or they were happy since they probably owed a lot more then it was worth.

If you are doing it out here in the LA area, hit me up. I have a lot of connections on Subs.

Do you ever spend any of your budget on just landscaping/hardscaping or sprucing up the curb appeal besides painting the house and new roof? I see you trimmed those bushes some but for a few hundred more you could have built a mulch bed or something with fresh looking bushes or flowers

You could have kept the original colour scheme :1orglaugh


Only joking... as said before, great job.

Why do people put granite in ghetto houses?

The reno looks great btw

It all depends on the home, but on this one, no need for landscape. The backyard grass was almost dead, but I put in a new Automatic Sprinkler system and brought the green back to life.

Because it's the most attractive part of the house, and if you do the math, it's almost the same price of Tile. People love Granite.

because kitchen and bathrooms sell houses, and granite is cheap as fuck now a days. the last house i did i spent $800 instead of $400 to get granite instead of cheap countertops.

Very nice work, and a house that will make some family happy. :thumbsup

My family moved often since my father was involved in the highrise construction industry. He started as a carpenter and cabinet maker before I was born, while attending Cal Poly, and eventually became an architect.

He liked to move into fixer upper houses, and totally remodel them. The sad part was whenever one house was finished, we would generally move soon after. While I helped on many a project, I did not develop the same passion for that type of work. I also don't like moving, so I've lived in the same house since college (it's almost paid off, so we're finally starting to look at new homes).

Fortunately I have friends that are contractors, so when my wife wants something changed, I contact them and they give me a good deal.

ADG

wow, this is amazing, you really have talent

So true, really helps sell a home too.

Thanks

I actually enjoy change, so I move a lot. Maybe not anymore now that I have settled down and have kids. It was easy when I was single.

It's nice to know people, because contractors can really screw you if you don't know what you are doing.

Thanks, If you spent enough time in Home Depot as I have, you would have the same talent. :1orglaugh

I kinda of do the same thing with commercial real estate, only I end up leasing it out to new tenants. Very profitable in high growth areas.

I always worried about Commercial Properties. Everyone knows about the homes taking a hit, do you think Commercial is going to take a big hit because of tenants going out of business all the time. There seems to be so many empty retail space.

What areas do specialize in?