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Updated over 7 years ago on . Most recent reply

User Stats

142
Posts
64
Votes
Tyron McDaniel
  • Flipper/Rehabber
  • Sugar Land, TX
64
Votes |
142
Posts

Vintage Renovation of this Craftsman Home in Houston!

Tyron McDaniel
  • Flipper/Rehabber
  • Sugar Land, TX
Posted

Just completed a really neat Vintage Renovation project that I think was pretty cool and a LOT of work...

As with all deals you learn a few things or improve on your processes and this deal was no different! I also made a rookie mistake in not covering the hardwoods after having them refinished which led to them beat up pretty bad by my a/c guys and hence they look HORRIBLE in these photos! (Those will get fixed on Monday!)

The numbers on this deal are pretty good:

Purchase: $120,000
Rehab: $65,000
List Price: $274,300

Most Popular Reply

User Stats

142
Posts
64
Votes
Tyron McDaniel
  • Flipper/Rehabber
  • Sugar Land, TX
64
Votes |
142
Posts
Tyron McDaniel
  • Flipper/Rehabber
  • Sugar Land, TX
Replied

Rose what I have found that works best for my is being as aligned as possible with my carpenter! Most old houses have extensive carpentry work needed and if you can control the carpentry costs then you should be fine as the other items tend to cost what they cost. For instance, A/C, plumbing & electrical costs tend to be pretty standard for the most part but it's carpentry that tends to waiver greatly! 

For our projects we tend to use carpenters who are small 2-3 man operations as their pricing structure has proven to be ideal for our needs. Besides that, we do all the normal stuff... Feel free to reach out and we discuss the particulars of your project further along with other things we do to ensure our projects flow as smooth as possible!

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