All Forum Posts by: Chris G.

Not true -- there are so many people not running AC in FL for cost reasons, and have no issues with mold. The wood is all treated for that - plus a lot of the buildings are CBS anyways.

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I need to find some of the houses that Tarek and Christina find on Flip or Flop.
I also think the "auction" portion of certain episodes is completely staged lol.

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Originally posted by @Michaela G.:

Originally posted by @Chris G.:

It may indeed be a bit higher, I had to replace 1x6 beams with 2x4's per new code regs.

I'm curious: Did you tear out the sheetrock from the ceiling or did they make you switch those beams even with everything closed?

I once, years ago, made the mistake of taking down the plaster ceiling in an old Craftsman, which opened a can of worms with the inspector, who now made us brace all the roof beams to new code. But if we had left the ceiling alone, he would have not had that requirement.

That was in Atlanta, Georgia. So, I'm wondering if that part is different in California.

We left the original ceiling sheetrock on the interior, we just know about the new code and had it done during the roof replacement. The old roof already had 3 layers, so we couldn't add another, had to replace it fully meaning old beams are out.

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Originally posted by @Suraj Nagrani:

Good job with this house! What amount do you think you could get per month if you put this house on the market for rent?

$2500/month~~

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Originally posted by @Larry Turowski:

@Chris G. That looks phenomenal. I'm sure it is optical illusion, but it looks like the roof is higher. What kind of tile did you use for the tub surround? That looks great!

I wish I could do stuff like that here in Rochester NY. But the ARVs on the house I'm working on now is $70K. Margins are slim.

It may indeed be a bit higher, I had to replace 1x6 beams with 2x4's per new code regs.
The tile was picked out from a local tile shop - its a 12x24 "Metropolitan Olive". It cost $2.75/sqft.
The floor in bathroom is being done now and it is a Ash Taupe 6x24 @ $2/sqft.

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Originally posted by @Christopher Winkler:

Originally posted by @Chris G.:

Originally posted by @Christopher Winkler:

Would love to see all the numbers when you can post them. That's quite an extensive remodel. Can I ask why you chose to go that route vs a less elaborate fix or just selling to a rehabber?

$316,500 total acquisition cost, $55K~ approx. rehab cost.
A lot of the major costs (plumbing, electrical, roofing) were needed to pass inspection upon re-sale so I had no choice.

I had 3 full size dumpster loads of trash on this house, with 2 of them being $150~ over weight limit.

That's just shy of $90k, which is an awesome profit, what time frame? Just read in the OC register that the RE rose so fast here, and there is no sign of that slowing down for the near future. Its getting frothy...

This one was a lot of work, and we kinda lagged sometimes -- but 2.5 months.
If we pushed fast we could've finished in 1.5 months maybe.

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All Forum Posts by: Chris G.

Chris G. has started 26 posts and replied 159 times.

Post: Rent too low... or so I was told today.

Post: BUYING ALL CASH, 15 day close - Los Angeles & OC rehabs

Post: I Need South Los Angeles Duplex Construction Advice

Post: Stated or No Tax Return Loans? Collateralized only?

Post: A new tenant of mine told me he does not intend to turn on his electricity

Post: Flippers on TV always find the best deals!

Post: Complete dump to freaking amazing in less than 3 months

Post: Complete dump to freaking amazing in less than 3 months

Post: Complete dump to freaking amazing in less than 3 months

Post: Complete dump to freaking amazing in less than 3 months