Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600...

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Flip this House Indiana! WE BELIEVE!!

Transcript of Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600...

Page 1: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Flip this House Indiana!

WE BELIEVE!!

Page 2: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

BudgetSeptic $7,500

Sump Pump $1,100

Mold Treatment $600

gutters vinyl $350

window install $4,500

HVAC $750

carpet $2,000

kitchen floor $300

laminate $800

Trim Base $500

Paint $500

Toilets $300

Showers $600

Tub $150

Vanity $500

Hardware $250

Doors $500

Dishwasher $350

Landscape $1,000

Foreman $1,500

$24,050

Sale Price $123,300

Repairs $24,050

Real Estate Commission $6,165

Debt $93,000

Profit/Loss $85

Page 3: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Major Issues

• Possession of House– Danny work with Mike to begin Eviction and continue communication with Tenant to gain possession. The sooner the better.– Judge may need to be aware of the crew coming to fit up the house. Hopefully he will clear possession in time.

• Septic/Perk Test– Waiting for info from health department as to results of perk test. If perk test passes does health department need to approve site.– Get quotes– If perk test does not pass, next course of action?

• Sump Pump– Is there one? Where should it go? Can we install?

• Floor Joist• Mold

– Schedule fogging before we arrive

• Termite Damage• HVAC

– Schedule service before we arrive

• Moldy Insulation

Page 4: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Whole House

• Painting

• Baseboards/Trim

• Windows

Page 5: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Outside

• Stump removal– Quote to have someone remove

• Landscaping– Simple but attractive

• Gutters– Quote for seamless

• Rain cap• Paint Soffit• Clean debris from roof• Pressure Wash• Address half finished fence

Page 6: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 7: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 8: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 9: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Front Living

• Hope for Ray—doubtful(no cash for material)

• Cut out bi-level floor joist and recap. Install sub floor and steps.

• Electrical outlets

• Drywall—walls, ceiling,

• Ceiling fan

• Flooring

Page 10: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 11: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Down Stairs Hallway

• Replace Paneling

• Flooring

• Ceiling

• Closet—sliding door and hole in floor

Page 12: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 13: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Master Bedroom

• Closet doors

• Flooring—Tear out.

• Master door

Page 14: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Master Bathroom

• Remove French Butt Cleaner• New Double Vanity Sinks• Knobs on cabinetry• Mirror/Light Fixtures• Tub/Toilet/Shower• Sub Floor• Fixtures• Professional Plumbing

Page 15: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 16: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 17: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 18: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

2nd Bedroom First Floor

• Closet Door

• Threshold

Page 19: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Kitchen

• Ceiling• Floor• Hardware• Dishwasher• Sink• Fixtures• Counter Top?• Paneling Wall/Chair rail?

Page 20: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 21: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Utility Room/Half Bath

• Ceiling

• Floor

• Vanity/Toilet

• Bathroom Walls

Page 22: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 23: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 24: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Play Room

• Flooring

• Ceiling

• Walls

• Sliding Door

• Window with vent?

Page 25: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 26: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Upstairs

• Carpet Floors

• Bathroom Vanity/Shower/Toilet

• Broken Window

• Closet Door/Hardware

Page 27: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 28: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.
Page 29: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Team

• Matt Albertson• Danny Albertson• Andy Albertson• Gary Herbert• Charlie Workman• Charles Beaman• Rob Workman• Jeremy Burns• Michael Hamilton &

Sons

•David Absher?

•Dave Miller?

Page 30: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Weekend Timeline

• December 7,8,9th

Page 31: Flip this House Indiana! WE BELIEVE!!. Budget Septic$7,500 Sump Pump$1,100 Mold Treatment$600 gutters vinyl$350 window install$4,500 HVAC$750 carpet$2,000.

Tools/Supplies Needed

• Dumpster

• Air Compressors