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Updated about 10 years ago, 10/08/2014

User Stats

1,991
Posts
1,135
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Sharad M.
Pro Member
  • Carlsbad, CA
1,135
Votes |
1,991
Posts

Another fun rehab project

Sharad M.
Pro Member
  • Carlsbad, CA
Posted

I did this rental rehab project a while back and I posted updates on BP:

Fun Rehab Project

I am looking to start another fun rehab project soon, so I thought I post pictures of it. This one I bought and started cleaning out and when my guys went to pull the permit, we were told that the house is on a demo list and we couldn't pull permit, so I applied for a building inspection to take it off the demo list on July 1, 2014 and I finally had the city inspection today. I should receive a letter from the city next week about the next steps, but I will need to put up a $10k performance bond before I can proceed.

This is how I bought the place

User Stats

1,991
Posts
1,135
Votes
Sharad M.
Pro Member
  • Carlsbad, CA
1,135
Votes |
1,991
Posts
Sharad M.
Pro Member
  • Carlsbad, CA
Replied

This is what it looks like now after clean out:

Account Closed
  • .
10
Votes |
25
Posts
Account Closed
  • .
Replied

Some fresh paint, new carpets and youre done, right? :)  but seriously, good luck with the house! That will make for an incredible before and after once youre finished.

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User Stats

64
Posts
13
Votes
Dan G.
  • Real estate investor
  • Porter County, IN
13
Votes |
64
Posts
Dan G.
  • Real estate investor
  • Porter County, IN
Replied

HOLY HELL! This one would have kept me up at night for sure. Title work didnt show that it was on a demo list? I have seen the notice of demo list recorded at the county level, so I would assume title work would have thrown up a flag.

User Stats

6,201
Posts
4,341
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Dawn Anastasi
Pro Member
  • Rental Property Investor
  • Milwaukee, WI
4,341
Votes |
6,201
Posts
Dawn Anastasi
Pro Member
  • Rental Property Investor
  • Milwaukee, WI
Replied

Well, you sure do like your little projects, huh?  :)