Garcia St – Part Deux – Flipping Houses

January 28, 2013 by 4 Comments

Greetings all my Flipping Followers.

It’s Matt and the team at Hampden Homebuyers coming at you with another great installment of our before and after series.

We’ve completed our rehab and sold another great property on Garcia St. You may remember back to last fall and winter when we renovated the home at 32 Garcia St. We ended up getting tons of offers on 32 Garcia St and sold it for well above our list price……. Well we were fortunate enough to purchase the property one house down from that project.

This Garcia St – Part 2 is a larger cape that needed a fair amount of work. We did a new roof, new siding, and a new kitchen. We converted the second floor half bath into a full bath and knocked out a wall or two to open up the floorplan a bit more. As usual, we did new flooring, fresh paint and just straight up made the home look awesome.

Here is a look at the “somewhat” before pictures. The guys beat me into the house and got some of the demo done before I could get all my photos.

Garcia St House Flip

 

Kitchen Demo'd

Kitchen Demo’d

 

Wall Being Removed between Kitchen and Dining Room

Wall Being Removed between Kitchen and Dining Room

First Floor Bath

First Floor Bath

Bedroom

Bedroom

Dining Room looking into Living Room

Dining Room looking into Living Room

Eat In Kitchen Area

Eat In Kitchen Area

Half Bath we Converted to Full Bath

Half Bath we Converted to Full Bath

 

 

 

 

So that is a look at the before shots. The house is somewhat dismantled but you get the general idea.

The renovation work went fairly quick with no major hiccups.

We built out a nice stand up shower in the second floor half bath to give us a full bath on each floor. We tiled that whole shower and put in our signature shower panel, it came out really sweet.

In the kitchen we chose to go with the new darker cabinets that we have been using and we topped those off with some light Cashmere White granite.

We did a nice stainless steel appliance package and recessed the fridge into the wall to give the kitchen some more space.

Here is a look at the after pic’s;

Garcia St House Flipped

Garcia St House Flipped

New Roof, New Siding, New Garage Door

New Roof, New Siding, New Garage Door

Kitchen

Kitchen

Kitchen w/ Eat In Area

Kitchen w/ Eat In Area

View into Kitchen from Dining Room with Opened up Wall

View into Kitchen from Dining Room with Opened up Wall

Living Room Staged

Living Room Staged

Living Room

Living Room

Renovated Bathroom

Renovated Bathroom

Bedroom

Bedroom

Tiled Shower

Tiled Shower

Living Room looking Good

Living Room looking Good

Granite Counters

Granite Counters… Tile Backsplash

Pimp Kitchen

Pimp Kitchen

 

 

 

Damn, another sweet rehab!!

We received a real strong offer on this home before we even got to put it on the market; just a few days before Christmas.

 

 

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New Fix and Flip – White Birch Leicester MA

January 31, 2012 by 1 Comment

We have started a new house flip in the beautiful town of Leicester (pronounced Lester) MA. This home is a big ass ranch that we bought as a short sale. It’s 3 bedrooms 1 bath right now, but we are going to be changing the layout a bit by adding a master suite complete with a nice new master bath.

House Flip

163 White Birch

 

The house is pretty big, I think it’s right around 2,000 square feet and it sits on 1.19 acres of land.

One of the bigger challenges with this house is that it has a large unpermitted addition built off the back that we have to fix and bring up to code. On top of that we’ll be gutting out most of the interior to open up the floor plan, doing new electric, new plumbing, new boiler, new roof, new siding, new windows, new kitchen, new baths, etc…….

Rear View White Birch

As you can see there will be no shortage of work needed to this property.

The town of Leicester is located about 50 minutes east of Springfield, which is a bit outside our normal area, however this property was brought to us by another investor that had negotiated the short sale on it and was looking for a partner to help fund the deal and assist with the rehab. So we are partners on this deal.

 

Here is the initial video walkthrough we did of the house:

 

 

So that is Dominic, myself, and our partner Ray Tower.

This is our first partnership deal but we are looking to do more with other investors in the area, so if you have a deal in MA that you need help getting funded and rehabbed just let us know.

 

P.S.  Remember, if you like our blog posts you can subscribe using the form right below:

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Short Sale Rehab Complete

October 6, 2011 by 4 Comments

Our Chicopee short sale rehab is complete and on the market.

 

This is a 4 bedroom 1.5 bath cape with 1,344 square feet located at 36 Gill St. We cleaned this home right up and did some nice improvements.

Here are the pics of it all finished and staged.  (You can see the before pics HERE )

36 Gill St Chicopee Home For Sale

 

Renovated Chicopee House for Sale

Chicopee Home For Sale

Kitchen

Eat In Kitchen Area

Kitchen

Kitchen Staged. New Floor

Bedroom / Office

Living Room Staged

Living Room

View towards Front Door, Staircase

First Floor Bath

First Floor Bedroom

Second Floor Bath w/ Black White Theme

Full Bath

Second Floor Bedroom

Refinished Hardwoods Throughout

Large Open Basement

 

We’ve priced this one really aggressively so we can move it out fast.

P.S.  Remember, if you like our blog posts you can subscribe using the form right below:

 

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Chicopee Short Sale Wrapping Up

September 20, 2011 by Leave a Comment

We are finishing up the short sale rehab that we started a few weeks back. It is a pretty light rehab but we’ve been bouncing our guys back and forth between a few different jobs, so it’s taken a little longer.

We pulled up all the nasty, smelly carpets in the house and found some real nice hardwoods that ran throughout all the main living rooms.

We made a lot of cosmetic upgrades and improvements, but we left the kitchen and bathrooms as-is for the most part.

Our plan is to blow it out below market value to some lucky first time homebuyer who won’t mind that the kitchen and baths are not totally updated like we usually do.

Here’s a look at the progress so far:

Home for Sale Chicopee MA

 

House for Sale Chicopee MA

Kitchen

Kitchen 2

 

Living Room

First Floor Bedroom

Half Bath

Second Floor Bedroom that was Neon Green

Second Floor Full Bathroom

Freshly Refinished Tub

Second Floor Bedroom

 

All the trim throughout the house had a natural wood finish with a coat of polyurethane…. it was in real good condition so we just kept it. I always prefer the nice bright white trim, but in this case the work needed to sand and paint the trim wasn’t worth it.

Our next step is to get the house cleaned and staged.

We’ll pay extra special attention to staging the kitchen and bathrooms real nice, since we didn’t do our normal “full” rehab on these rooms.

I think it’s gonna look great once staged….

 

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New Short Sale Deal – Chicopee

August 29, 2011 by 4 Comments

Here is the new short sale property that we picked up in Chicopee.

This is a 4 bedroom 1.5 bath cape with around 1,400 square feet. It’s located in a great neighborhood in Chicopee filled with similar starter homes.

It’s actually in pretty good shape and we plan on doing just a light cosmetic rehab; a quick fluff and buff. The exterior will be powerwashed, we’ll remove the ugly awnings and clean up the yard and landscaping.

Inside we’ll remove all the carpeting and shine up the hardwoods. We’ll patch and paint all the walls and ceilings, add new light fixtures,new ceiling fans, new switch plates and outlet covers.

We’re going to keep the existing cabinets and vanities, we’ll just dress them up with a little brushed nickel hardware.

Once all this work is complete…. it should only take a few days…. we’ll blow it out at a nice below market price to move it fast

Here are the before pictures for your enjoyment.

Chicopee MA short sale

Short Sale Chicopee

Kitchen

Kitchen

Half Bath

Full Bath

Living Room with Nasty Carpet

Bedroom

Neon Green Bedroom!!!!

Basement

Rear of House with Dormer

There it is… the classic New England Cape.

It already has the dormer off the back which is great. It makes the second floor so much more functional. We’ve got big bedrooms and a full bath on the second level.

 

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In other news, we closed on our first tornado damaged house in Springfield.

Here it is:

Tornado damaged house Springfield MA

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A really big tree came down on the whole right hand side of this tornado damaged home and took out the roof and most of the second floor of the house. I guess this is why they tell you to get in the basement when there are tornado warnings. Fortunately the house was vacant when the tree came through the roof.

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We are working on buying a couple other tornado damaged houses in Springfield and Wilbraham.  The tornado damaged houses should be some pretty interesting projects so I’ll keep you updated on these.

Well that’s it for now.

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111 Daviston St Property Update – Short Sale Flip

September 11, 2010 by 3 Comments

111 Daviston St Springfield MA

Time for a little pictorial update of our short sale rehab at 111 Daviston St in Springfield. You can see all the before pictures HERE .

Above is how it use to look, here it is after a new roof, new windows, new siding, painted trim and some landscaping…..

111 Daviston

We went with a different color siding on this one. We usually do tan siding with burgundy shutters, but a couple of the neighboring houses already had that color scheme going on, so we used a sage green siding with black shutters.

Inside we are adding a half bath to the first floor, redoing the kitchen and the upstairs full bath, installing all new plumbing and a new heating system.

Here are some photos of the work in progress;

Kitchen Gutted

Kitchen Gutted

New Half Bath

Laundry Hookup in new half bath

Second Floor Full Bath Gutted

Living Room

Main Hallway

We converted the pantry into a half bath and laundry room. This is located right off the kitchen so having the laundry in this location is going to be very convenient.

As of right now all the walls are closed up, everything is painted, the cabinets and granite are in, the hardwoods have been redone, and we are working on the finishing touches.

I’ll post some updated photos of the finished house soon!

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New Short Sale Flip – Daviston St

August 12, 2010 by 4 Comments

We are as busy as ever right now and things don’t look to be slowing down.

I’ve lost track of how many houses we are rehabbing right now, maybe 8-9. We’ve put the 3 new construction houses on the market in anticipation of finding a buyer first, then we will build to suit based on our rough designs and their preferences.

We have 4 houses under contrat to sell, with the possibilty of both 1892 Parker St and 8 Bosworth St closing today. Also we’ve got 3 houses under contract to buy, with offers out on another 2-3 that look pretty promising.

With all this activity we’ve finally broken down and have looked to start hiring some additional staff. Our immediate needs are to get some of the bookkeeping taken care of, as alot of that stuff has piled up. We’re thinking about hiring some VA’s to help with some of the accounting and maybe getting an intern or two to help with the work load. We’ll see how this goes.

Well, onto one of our latest short sale deals.

I wrote about this house a few months back in a blog post located HERE. It was a real pain in the ass to get this short sale closed as we hit roadblock after roadblock. Some of it was our fault for not doing a more thorough title examination, but the first had agreed to such a nice discount that we refused to let this deal die. We ended up having to pay off a bunch of junior leins and our purchase price got bumped up quite a bit, but the deal still worked.

The main problem with this house was that it had an underground oil tank. We were willing to take the house with the tank still in the ground, but we used this to get the price way down. Underground tanks can be very risky because if they are leaking the costs to remove and clean the contimination can be pretty substantial. We did take a few steps to mitigate our risk, and in the end we got the tank out of the ground with no leaks…. so it didn’t cost us as much as it could of.

On top of the oil tank this house needs alot of work. We are going to do a new roof, new windows, new siding, new driveway, new kitchen, new full bath, add a half bath to the first floor, new plumbing, new heating system, paint, floors, landscaping, etc……

Here are some pictures:

111 Daviston St Springfield

Daviston St Springfield MA

Rear of House, oil tank is under the Concrete Pad

Tank Removed

Kitchen

Bathroom

Living Room

Bedroom

Main Hallway

I’ll post some new pics of this house as we move along.

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