Case Studies

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HOUSE 1


This home is in one of the most sought after school districts in Atlanta. It took only two days to sell at $10,000 more than our asking price!

The whole project – from purchase to sale – took only 3.5 months.

It is a 4 bed 2.5 bath, 2,385 sq.ft home with a double garage and a pool – we gutted the interior and completely remodelled it with a new kitchen, new bathrooms, hardwood floors and the like.

Our investor made $21,825 on an investment of $81,112 – a whopping return of 27%. All of this within only 3.5 months!

[satellite gallery=1 caption=off auto=off thumbs=on] Click to watch videos: Video 1 Video 2
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HOUSE 2


Purchase price

The children of a lady who is in assisted living are facilitating the sale on her behalf. The house was listed – as is – at $495,000, and we’ve gone binding at $420,000. The house has lots of deferred maintenance (wood rot, mold etc.). 

Rehab estimate:

The earmarked General Contractor is Pedro Paulete. His scope and bid is attached. The bid is premised on a substantial remodel/upgrade. The remodel will be within the existing footprint with no additions planned. It came to $216,846.22. We then had an inspection report done, which the GC integrated into his bid. The inspection report items came to $8,833 (see attached) for a total bid price of $225,679, which includes time with an interior designer for advice on finishes, colour schemes etc. The HVAC system must still be assessed, so the cost estimate could increase if it has to be replaced. Pedro is a master builder who previously worked for John Wieland Homes and Hedgewood Homes. I’ll forward 2 of his newsletters to you with examples of some of his projects. 

[satellite gallery=1 caption=off auto=off thumbs=on] Click to watch videos: Video 1 Video 2
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