Day 21 Brown vs Gray

Brown or Gray? Which one should we choose?

I think today is the first day nobody has been at the house. Tomorrow is our inspection for the 2nd draw.  We are ahead of schedule. The siding and framing of the master bath was scheduled for saturday and replacing a couple more boards on the front porch.

Day 21 Plan for the week:  Inspection, painting to begin on outside of house and garage, roof garage, drywall and texture inside, install tub/shower combo in bathroom 1.

Day 19 Busy as Bees

It's hard to see but there are honey bees in the tree.  Our tree company is planning on relocating them for us!

From our perspective, the best way for us to start this business is with a fix and flip hard money loan.  Our first house had such a big profit margin that the whole project was funded this way.  In that scenerio, the points and closing costs, along with the interest only were all absorbed into the loan and we still made a profit.

For this house, the budget and loan are a little more strict.  If we wanted to put only 5,000 more into the house, the money out of our pockets

Day 19 Progress: On monday we will be 37% done with the house in 21 days!  The hard money lender will come to house and review the work schedule with Brooke and Bill.  If he's satisfied with the progress the lender transfers the next draw into our account.  The draws are divided into 4 parts, the 1st draw you get at closing, the 2nd and 3rd are when the work is 33% done, and the last is when you list it.  Planning the work and payments to the contractors is important when you don't have all the cash upfront.  It is a great way to start building your business.

Day 18 7am bathroom meeting

I asked Brooke, my business partner and Bill, our contractor and her husband, to meet about the bathroom. I can't get the idea that our original plan can't be executed and that the bathroom will be smaller.  For a master bath, it needs to be extra special.  We all gathered at the house and tried to come up with better solutions.  In the end, the bigger door opening and newer fixtures and the tile will have to be the wow factors for this bath.  The unknown costs that arise with a hundred year old house are a given.

Day 18 Progress:  Doors for garage are done, roof 1/4 shingled, upstairs prepped for drywall to start next week, kitchen cabinets sanded.

Day 17 Dean the doorman

I picked up the door from Dean today.  He did a great job.  He wasn't the friendliest at first, but he actually smiled when I paid him.  You can tell he loves what he does.  I told him to stop by the house and take a look if he got a chance.  I doubt he will.

Day 17 Progress: Plumber started removing the master bathroom, roof has all the repairs done and the flashing and shingles are going on, garage doors being constructed today.

Day 16 Roof Inspection

The roof inspection is done and the roof is on fire!, well not really but the workers are! It's so hot out there and yet they are rockin the work!

Day 11

The sage and the bug bombs were done yesterday.  Clean up inside and out.  Some days appear as if the progress is slower, but each little bit helps.  In this 97 degree weather, it is a wonder we are able to get our workers to be here at all!  Being dirty and hot is not a  fun way to spend the day.

Day 11 Progress: Roof cleanup continues, inside completely clean and ready for the new stuff to start.  Plumbing quotes and tree quotes are coming in.  

Day 10 Ghost Stories

So Brooke heard that one of the workers arrived first yesterday to open the house and heard someone upstairs.  Nobody was up there.  The doors were locked, I know because I was the last one in the house and locked it up last night.

Now this is the same worker who heard some stuff in the last house.  Only Brooke heard something too one night.  She went there alone to clean up and when she opened the door she heard some sweeping.  We joked that Bessy, the old owner was just helping her out.

I plan on doing some research to find who lived in the house.  Brooke plans on saging the place.  Not a bad idea.  We should make it a practice to clean the energy out of all the houses for a fresh start.

But ghost stories are right up my alley.  I went to the house last night to take some pictures.  I was hoping to hear or see something, but I didn't.

Day 10 Progress:  Roof shingles completely gone, half of roof re-tarped, basement door trim finished, house cabinets, bath fixtures dumped.

Below is my inspiration for the barn and house.  Dark Brown with white trim.  But with a orange-red door. for the garage and front door.