While we’re still waiting to close on the purchase of The Easy House, we put #31 under contract this past week. This one should be a “fun” project, as it presents some new challenges, is in a new area and will surely provide some great lessons…
The reason I call it The Puzzle House is that upon seeing the house the first time, there were a LOT of things that just didn’t make any sense, and only after visiting the house several more times — including three times with my project manager, twice with my GC and once with a structural engineer — were we able to put together all the pieces of what was going on…and why!
I’ll go into a lot more detail in my next post (when I’ll have pictures to accompany the puzzles), but suffice it to say, a lot went on in that house before the previous owners were foreclosed upon, and it will take a bit of work to get it back into its original — and hopefully better — condition. This rehab will be one of the bigger ones we’ve done in a while at around $50K, and will involve some structural work, some rearrangement of rooms, a redesign of the kitchen and at least a few permits. In fact, if it weren’t for the reassurances of my GC and the engineer, we likely would have backed out of this deal, despite the seller giving us a $10,000 concession in price to take it off their hands!
Anyway, hopefully I’ll be able to use this house to add some interesting rehab discussions to my blog — things have been getting very boring around here the past few months with all these “easy” rehabs and lack of many challenges…
You really come up with interesting and catchy names Scott. I also like the challenging aspect of this deal. I hope everything goes as planned.
M Mark
Oh goodness, don’t tell me Aaron convinced you to try a “full gut” rehab! 🙂