Giving Thanks for Easy Rehabs

Happy Thanksgiving everyone.

I spent the last week visiting family in South Carolina for the holiday…. but I’m back home now and it’s time to get back to work.

All rehabs are moving forward nicely. I think we have 7 houses under renovation right now so we are crazy busy! We actually put another rehab under contract the day I left for South Carolina and we will be closing on it either this Friday or next week on Mon or Tues. I’ll give you the details of that property once we close on it.

Fortunately not all our ongoing projects are full guts like Gifford St and Columbus Ave . We bought a light cosmetic rehab about two weeks ago, located at 82 Lasalle St in East Longmeadow, MA,  and we began construction on it Monday. This house is in the best condition by far out of all the properties we’ve bought. The sellers were downsizing and had already found their retirement home. They didn’t want to deal with the hassles of listing the property with a realtor and they didn’t want to face the prospects of missing out on their retirement home dealing with the delays associated with working with traditional buyers. The seller found our company website over the internet and said we are exactly what he is looking for. We took a look at the house, negotiated a fair deal, and closed on it in two weeks.

The house is already sided and has a new roof on it. We are going to do some upgrades to the kitchen and bathroom, paint all the walls, refinish the hardwoods, install new windows, upgrade the electrical panel and do some other misc. upgrades. This should be an easy two week job and we’ll have it back on the market. Here are some pictures of the house:

  

 

So thats it… the furnace is good, the water heater is good, the sellers already sided it and put a new roof on it.  We’ll modernize it and bring it up to todays standards than we’ll unleash it to the market.

So what do you think?? Looks a little easier than Gifford St!!