Video Update at the Fire Damaged Multi Family

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!!

Video Archives

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!

Bessemer–Finishing Up

Work is almost complete at Bessemer St. We have started showing the property and have received very positive feedback… we actually may be getting two offers before the house even officially goes on the market.

The transformation of this property has been amazing and the finished product is looking great. Have a look at the house now:

102_5558

New Roof, Windows, Siding, Gutters, Garage Door, Landscaping, Etc...


New Kitchen w/Stainless Steel Appliances

New Kitchen w/Stainless Steel Appliances


102_5533

Tile Backsplash and Countertop. French Door Fridge. Lots of Recessed Lighting

 

Brushed Nickle Hardware, 18x18 Ceramic Tile Floor, Over the Range Microwave

Brushed Nickle Hardware, 18x18 Ceramic Tile Floor, Over the Range Microwave


First Floor Bathroom with New Fixtures and Ceramic Tile Floor

First Floor Bathroom with New Fixtures and Ceramic Tile Floor

 

Tile Tub Surround

Tile Tub Surround w/ Accent Border

 

Living Room w/ Fireplace and Hardwood Floors

Living Room w/ Fireplace and Hardwood Floors

 

Front Entrance/ Stairway

Front Entrance/ Stairway

 

Refinished Hardwoods

Refinished Hardwoods


Second Floor Bath

Second Floor Bath


Second Floor Bedroom

Second Floor Bedroom


Master Bedroom w/Front Load Washer/Dryer going in Second Floor Bath

Master Bedroom w/Front Load Washer/Dryer going in Second Floor Bath

 This one is turning out as nice as Hartford Terrace. Once it is completely finished and staged we should have buyers fighting over it.  We’ll be putting Bessemer and Brooks St on the market over the next week. I hope all the buyers aren’t on summer vacation and we can move both of these quickly.

Weekly Recap; plus We're in the News

Last week we stayed pretty busy. I met Bank of Americas appraisor at a short sale we are working on in Springfield. The meeting went well and I’m hoping we can get the value down to a low enough point that we can purchase the property. 

Our local paper, The Republican, did an article about our company and the project at Bessemer St.  The article ran last week and adds further credibilty to our business and gives us some positive media coverage. Here is the article:

 Hampden Homebuyers in the News

Wow, We’re Famous!!!!

Bessemer Week 7…. and other updates

We received an offer on Hartford Terrace after only four days on the market…. negotiations are underway so I’ll let you know what happens!

Bessemer St is moving right along and we should be finishing up the rehab over the next week or so. Have a look at the progress after week 7:

Stop Work Order

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:

102_5375    Not too much action on the exterior

102_5374   Nice Banner

102_4988   This porch is ready to come down on its own!!

102_5009  Heres how the third floor looked a week ago

102_5377  And the third floor now

102_5380   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;

102_4569    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.

Bessemer Update

Bessemer St is moving right along. We are starting our sixth week over there.  We’ve gotten all the inspections for the rough plumbing, rough electric, framing and insulation. The bedrooms and bathroom have been framed out in the new dormer and sheetrock has been hung. They should finish taping and mudding tomorrow than we can start painting. All the exterior work has been done except for landscaping, which we usually leave till the end of the job. Have a look at the photos… it is coming out really nice;102_5337     New siding, roof, gutters, windows,etc.

102_5341  A look at the full dormer

102_5340  Shameless Marketing

102_5360  Kitchen looking at new archway

102_5354    Living Room

102_5353   Looking back into Kitchen

102_5356  First floor bathroom

102_5347   New second floor bathroom

102_5349  New HUGE upstairs bedroom

102_5365   Basement finally cleaned out

102_5367   New 200 amp electrical service

102_5366  New high effeciency direct vent furnace

 

All the finish work should take another 2-3 weeks. I hope it is closer to the two week point so we can bring this to market in the middle of June…. if we haven’t already sold it prior to completion!

Let the Fun Begin

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;   

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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.