Rehab #12, Salem – Final Analysis

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I received all the receipts from my partner on Rehab #12, Salem and other than a couple of items that we need to fix for the buyer (we had to wait for warmer weather), this should be an accurate account of the deal.  Although we went a bit over budget on the renovation we came

Rehab #12, Salem – 1st Contract

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As I mentioned, we listed Rehab #12, Salem last Thursday but decided to hold off on showings until the open house on Sunday.  Our intent was to build buyer interest and get the competitive juices [and offers] flowing by having everyone visit at once.  The plan could have backfired if we didn’t have enough buyers show up, or

Rehab #12, Salem – Staging Pictures

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We completed Rehab #12, Salem and listed the property today.  I’m really happy the way this one came out as we were able to completely open up the living space.  Here’s the link to the post that has the before pictures. To recap some of the renovation, we relocated the basement stairs to open up

Project Updates 12/2/13

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It’s been a couple of weeks since I gave an update on my current rehabs.  Things have been progressing more slowly than my past rehabs which can be directly attributed to a number of factors.  I will elaborate in my next post but I can say that there will be some major changes to my

More Updates

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I went to Rehab #9, Reading and Rehab #12, Salem over the weekend to check out the progression. Rehab #9, Reading The demo is complete and our framers should have everything framed out this week along with installing the fence and some of the windows.  The mechanical systems will be roughed in next week and

Project Updates & More

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Rehab #8, Wenham The work on this project has been on hold for about 1.5 weeks.  The building inspector came out to the project after we canned our original contractor (the scammer) and he had a number of concerns with the structural integrity of the building.  He asked that we get a structural engineer in

Rehab #12, Salem & Rehab #8, Wenham – Updates

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We closed on Rehab #12 last Thursday and my contractor has already finished the clean-out and stripped and reshingled the roof.  As I mentioned in a recent post, the house was previously occupied by hoarders so there was a ton of “stuff” that had to be hauled out.When I stopped by the property on Sunday and stepped out

Rehab #12, Salem – Under Contract

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  The real estate agent who sold me Rehab #9 called me early last week to tell me about an upcoming property that needs a lot of work.  The owners, who were hoarders, haven’t lived in the house for several years so there is a lot of deferred maintenance.  She asked that I do some research to