Sunday, March 4, 2007

562 Clark St Rehab

We recently closed on a 2-1 in Southern Midtown that we plan on rehabbing and using as a rental property. The house needs a cosmetic remodel and could also use a Central Heat and Air system. Structurally the home is fine. Oh Yah, the pipes are missing. Copper is currently a hot commodity and someone has runoff with the copper pipes that were under this house. Some new plumbing is also required.



We've rehabbed a few homes in Mobile. Its a challenge when you do not live in the city to meet with contractors, build relationships and find good, reliable, trust worthy contractors that are not going to try and rape you of your hard earned dollars.


A few weeks ago a made the trip to Mobile to meet with a few contractors. Plumbers and electricians were the hardest to get a hold of. I had two AC companies meet me at the property. Both were professional. Early AC impressed me more. Their technician took the time to measure each room, draw up a floor plan and include window placements. They did this to size the home correctly for AC tonnage.


L and S Air Conditioning was also professional. Their proposal was not as detailed and well thought out as Early AC's. The pricing was similar, but Early AC was proving me with better equipment (13 SEER vs 10 SEER) and a more technicaly prepared proposal. Im a tech guy. I like technology and appreciate companies who use it to their advantage.Early will get the job.


The Remodelling contractor I met with, Mark, was all business. He seemed a bit in a hurry and was pressuring me to make decisions quickly. I didnt like that. I'm sure Mark has remodelled his fair share of properties, but I think Mark is used to working for customers who do not know how much a job should cost to have it completed, or he has too much business at this point and priced himself high. His pricing was way out line. The property we are rehabbing is not a large home. Less than 1100 sq ft. Two bedrooms, one bath, a living area, dining area and kitchen.


Here's what it needs:


Plumbing

Replace missing copper pipes with PEX

Replace tub valve with new tub/shower valve

Add drain and supply lines for Washer in new Utility Room

Install new bath and kitchen fixtures


Electrical

Upgrade panel to 200AMP

Install 220V outlet in new utility room

Install GFI's in kitchen and bath


HVAC

Install new Electric Heat Pump and AC unit


Framing

Enclose back porch to make new Utility Room

Expand Closets in both Bedrooms.

Frame wall at end of tub


Sheet rock

Replace mold covered sheet rock

Hang rock for new closets

Tape, float, repair any holes.


Flooring

Remove all carpet, vinyl

Refinish pine floors in all rooms except kitchen and bath.

Install Vinyl in Kitchen, bath, utility



Kitchen


Demo old cabinets.

Install new base and upper cabinets, counter tops

Install new gas range, dishwasher



Bath


Demo wall hung sink.

Install new Vanity, top and fixture


Paint

Paint walls, ceiling with latex eggshell sheen offwhite.

Paint trim, doors with oil-based semigloss


Lighting

Install new light fixtures in kitchen, bath, dining, bedrooms.


More to come ...

No comments: