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All Forum Posts by: James Johnson

James Johnson has started 6 posts and replied 35 times.

Post: Rehab costs for a 100-year-old house

James JohnsonPosted
  • Real Estate Entrepreneur
  • Concord, CA
  • Posts 40
  • Votes 14

@Brittany Regts, I just purchased a duplex in Ohio that was built in 1930. One side had a tenant and the other side was vacant leaving me to rehab it. I can tell you from first hand experience that depending on how well the former owner kept it you will have your hands full. To date, since December 2017 I have been in a current state of rehabilitation of the one side. Back then they used plaster for the walls so I have had to re-drywall the entire interior, all four floors, install new electrical wires throughout along with a new box, all new plumbing lines, and support beams in the basement to correct the uneven floor. That’s just the tip of the iceberg, be prepared for a full gut in all honesty. Then comes the issues with the other side unless of course you have a complete empty home. As far as a contractor who won’t give you an itemized rehab list, I wouldn’t pick them... you want an itemized list because in a house that old everything that can go wrong will and you will want to replace everything the first time! Good luck!

Post: Old house upgrades do's and dont's

James JohnsonPosted
  • Real Estate Entrepreneur
  • Concord, CA
  • Posts 40
  • Votes 14

Great info so far, I'm in the same situation except my 1930's home is in Ohio.. I'm following this thread for future reference!

Post: WHO ARE YOU? What do you do besides real estate?

James JohnsonPosted
  • Real Estate Entrepreneur
  • Concord, CA
  • Posts 40
  • Votes 14

@Kyle Grimm, My day job is Executive Protection, I protect Corporate Executives and their families and other High Net Worth individuals. Did some time in Iraq and Afghanistan as a security contractor...I've started a Real Estate investing company and plan to be a RE Tycoon...one of these days...lol!

Post: First Flip Done-ish and lessons learned

James JohnsonPosted
  • Real Estate Entrepreneur
  • Concord, CA
  • Posts 40
  • Votes 14

@Jason Rivera, Thanks for sharing brother...Keep doing what you're doing!

Post: First Flip Done-ish and lessons learned

James JohnsonPosted
  • Real Estate Entrepreneur
  • Concord, CA
  • Posts 40
  • Votes 14

@Jason Rivera, I'd also be interested to know the materials you used to rehab the kitchen, bath and floors!  

Post: First Flip Done-ish and lessons learned

James JohnsonPosted
  • Real Estate Entrepreneur
  • Concord, CA
  • Posts 40
  • Votes 14

@Jason Rivera, Thanks for the insight, will you be partnering with your father again on the next one or are you going solo from here on out?

Post: Best strategy to BRRRR using hard money

James JohnsonPosted
  • Real Estate Entrepreneur
  • Concord, CA
  • Posts 40
  • Votes 14

Thank you @Stephanie P., CA. over here...!

Post: Best strategy to BRRRR using hard money

James JohnsonPosted
  • Real Estate Entrepreneur
  • Concord, CA
  • Posts 40
  • Votes 14

@Ceril S. Thank you so much for the info.!

Post: Best strategy to BRRRR using hard money

James JohnsonPosted
  • Real Estate Entrepreneur
  • Concord, CA
  • Posts 40
  • Votes 14

That was a great question @John Burtle, I'm getting ready to do the Hard Money for a project, I could go the conventional way but I wanted to do HM to start a track record with these lenders so at a future time they will know me...@Ryan Murdock, that's for the great insight..!

Post: Before & Afters — First Flip

James JohnsonPosted
  • Real Estate Entrepreneur
  • Concord, CA
  • Posts 40
  • Votes 14

Awesome Job..Quick question...it looks like it already had hardwood floors in it. Did you redo the hardwood by sanding them down and staining or install all new?