Rehab #10.1, Stoneham – Final Analysis
Tuesday, March 24
We sold Rehab #10.1, Stoneham on October 20th for $20,000 over asking price!! My amazing real estate agent, who also happens to be my wife had over 60 people at the open house back in September which contributed to the bidding war that put us over asking.We went about $4,000 over on the rehab b...
Rehab #10.1, Stoneham – 1st Contract
Monday, March 16
As I mentioned in previous post, we listed this property on September 2nd and held off showings until the open house on September 7th. I anticipated having a good level of interest in the property since it’s a complete rehab priced at the lower end for this town, but I certainly wasn’t expecting...
Rehab #10.1 Stoneham - Staging Pictures
Friday, March 06
My Stoneham project officially hit the market as of 12:03am on Sept. 2nd (my birthday) for $379,900! The market is still pretty hot so I decided to hold off on showings until the open house this weekend. Also, it gives me a few extra days to go through the final punch list items with my contrac...
Rehab #10.1 Stoneham - Staging Pictures
Friday, March 06
My Stoneham project officially hit the market as of 12:03am on Sept. 2nd (my birthday) for $379,900! The market is still pretty hot so I decided to hold off on showings until the open house this weekend. Also, it gives me a few extra days to go through the final punch list items with my contrac...
Rehab #10.1, Stoneham – Update & Pics
Wednesday, December 03
7/9/14Although we closed on this project in May, I’ve only had contractors in there for 2 weeks. Yes, it’s been sitting untouched (with the exception of being cleaned out) for 4 weeks. Originally, the contractor working on my Wenham project was supposed to manage this one as well. He met the s...
Rehab #10, Stoneham – Project Financials & Details
Sunday, November 30
5/30/14I closed on Rehab #10, Stoneham on May 12th. I found this property through an Absentee mailing that I sent out back in February. The seller called me because his boiler died back in October and he didn’t have the money to fix it while paying for the mortgage on another property he owns i...