Hampden Homebuyers - We Buy Houses Springfield MA Sell House Fast
Heres a video update from the fire damaged multi family that we are working on. The outside is almost complete, inside all the rough is in so we are just waiting on inspections. Once inspections are complete we will begin insulating and than sheetrock.
We’ve got a couple more rehabs under contract that we will be closing on in the coming weeks so be ready for some more great updates!!
I was digging through our video vault when I found this gem. It’s a video we put together a little over a month ago at the fire damaged three family we are working on. It’s from the first day of work and you can see the property in more detail.
We’ve hit some snags at this property that has slowed us down a bit. First there was the stop work order, now the three building inspectors that have visited the site can’t seem to agree on the proper fire alarm/life safety system that we need. We can’t sheetrock and close up the walls till we know what type of fire alarm system we need to install. This all should be straightened out shortly and we will be ready for rough inspections and sheetrock!
We’ve hit a few snags at the fire damaged three family. The next door neighbor isn’t happy about the dust from the demo so she called the cops on our contractor for working on a holiday (memorial day) and then she called the building inspector the next day… apparently she thought we were working without permits. No big deal, the inspector stopped by and everything looks good. Then on Thursday we got an unexpected visit from the Environmental Protection Agency…. seems someone called in an anonymous tip alleging that we were removing the asbestos boilers from the property on our own, instead of hiring the overpriced asbestos abatment companies. We’ve had four abatement guys over to look at the job in the last two weeks…. I’m not sure which one took the liberty of dropping a dime on us. I guess it’s their way of insuring they get work, call in the EPA so we don’t even consider removing it ourselves (which we never did). So the EPA guy says that there is a slight chance that their may be asbestos in the sheetrock we are removing and he gives us a Stop Work order until we get some samples tested. $450 bucks later the samples come back clean and we should be able to start work again on Tuesday. Here’s a look at the progress so far:
Not too much action on the exterior
Nice Banner
This porch is ready to come down on its own!!
Heres how the third floor looked a week ago
And the third floor now
Here’s where the fire burnt through the roof
We’ll probably lose four days because of this little hiccup. It wasn’t too bad because it gave our contractor a chance to get back over to Bessemer and do some painting.
We bought another house on Wednesday. It’s on Brooks St in Springfield. The good thing is that this one has already been rehabbed by the previous owner, not to our standard… but it’ll do. Heres a look at the house;
We bought this from a hard money lender out of CT who is also a pretty well known TV star on A&E’s Flip This House . Theres a few repairs we need to make to this house, nothing major though. Once thats done we’ll stage it and get it on the market.
We finally purchased the fire damaged three family this week and work is underway. This is a huge project, we are going to be gutting all three units to the studs and going back in with all new electrical, plumbing and heating systems. Outside the roof will be repaired and reshingled, we’ll do new vinyl siding, new windows (45 of them), demo the side porch and repair the front porch. This house is 3,720 square feet, it’s huge. When we’re done we’ll have three very big four bedroom apartments that should rent easily because everything is brand spankin new. Heres some photos of the demo work;
We’ve got four dumpsters on order just for the demo, but I’m thinking we may need more. The timeline for this job is 12 weeks. The first step will be to gut the house. Once all the walls are open the electrician and plumber can begin running all their rough plumbing and wiring. While their doing their thing inside the outside work will be getting done. This ones gonna be fun.
For the last week we have been looking at a vacant 3 family home that has some fire damage to the rear exterior. I don’t know what it is with these fire damaged homes but I have a knack for finding them. I’ve brought contractors through and have been running some numbers. We finally met with the owner today and put it under contract for $20,000 with a closing next week. Heres a picture:
It’s been empty for over two years and all the copper pipes are gone (big surprise lol). It’s gonna need three new boilers, three kitchens, three bathrooms, alot of new windows, siding, roof repair and new porches. This is a very large three family with all three bedroom units. Each unit should rent for $900 when renovated. We may keep this as a rental when the rehab is complete. This came as a referral from an insurance adjuster we recently had worked with on another deal. The kicker on this property is that we may be able to get some of the insurance money back when we finish the rehab. I’ll post more details and photos as things progress with the property.
The hardwood floor guys are over at the house on Hartford Terrace and they should be wrapping up over the next three days. That house is gonna look good when the floors are complete. After the floors are done we will clean, stage, and than put it on the market.
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