Flip This House #6

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I’m sure I don’t need to fess up here but I’m feeling old…I was texting with D while on this thread and ended up responding to D here! I really need to not be too old to multitask!

CB, you sound like you are doing the very best job possible with the $$ constraints you have. This young couple in incredibly lucky to be working with you.

As much as I hate to, I agree with leaving all the concrete Didn’t stop this couple from buying and probably won’t stop their eventual buyer.

Regarding the concrete…I had to say No because the list just keeps getting longer and they are going to run out of money before we finish the ‘must haves’. Just the other day I told them my goal is finishing living areas and kitchen so they can get back into their house. We can work on the laundry room and big deck later. They keep asking about the deck

Exciting things finally happening. We tore out the big back aluminum sliding door only to find it has been leaking for years. All wood and substructure around it is rotted and termite ridden. My carpenter had to tear it apart and rebuild half the family room floor.

Now he’s cursing me under his breath because I evidently bought the wrong kind of side windows. It’s going to take delicate surgery to get them installed involving lots of L brackets and trim to hold them in place

But the exterior paint is going on today after days of prep!! It’s turning a little green for my taste but she loves the color

If she loves the color, then you do too. The client is always right!

Hey, if they run out of money then THEY can do any deck after you are out of the picture. They have to learn how to live within their budget and not push you to do more than they can afford. You’ve already done WAY more than anyone would get for that money in HI.

CB has probably done more with less than most others could do in San Diego,

The good news…is this is good will with an investor…and probably very much appreciated.

@coralbrook any news on flip 7?

No news on Flip 7. Haven’t run across anything special calling my name. I am contemplating maybe picking up an ‘original grandma’ condo in a coveted building that looks out over Shelter Island/San Diego Harbor. In a building called Le Rondelet. But I need to do some careful research because it’s all about location in the building / view.

But… I am carefully watching 2 or 3 flips that just finally came onto the market. These are investors who purchased the grandma cracker boxes in that little hot neighborhood at about $900 to $1000 sq ft. For some reason it has taken these guys 2 years to add about 1500 square feet, lots of roof top decks and now they are coming back out onto market at $2.5 million. I’m watching to see if the model works. Two of them have been listed ‘Coming Soon’ for almost 6 months and no one bought them. One of them is the one my inspector (he did not reveal address or names… but I knew immediately which project he was talking about) kept telling me that they were awful to deal with, constantly calling for inspections when they weren’t done yet and failing. I looked into the City system and they haven’t even passed their drywall, lath or final inspection??? What are they thinking? How are they going to sell that house?

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same zip

Back at the Linda Vista project we are finally doing some pretty things. Exterior got painted today after a lot of caulking and prep work. The painters were really good and went around the whole house shoring up any holes and caulking in everything.

French doors getting installed and the horrid texture in the bedrooms and on the ceilings is getting sanded down. It took the poor guy 6 hours with an electric sander just to grind down the walls and ceiling of ONE bedroom. Someone really went to town in there with some kind of bumpy spray texture

We are starting to have fun with picking out colors now, especially the front door. The husband wants orange and she wants a blue. I am against the orange because it will bring out orange tones in roof. Unfortunately the roof shingles are not an ideal color for the ‘beach cottage’ look she wants and I would like to minimize the roof color but it is a big part of what is seen from the street. That is one reason I steered them away from any ‘warm’ color that would emphasize the orangish brown. But, we couldn’t go with a cool grey because it clashed with the roof. So I found a grey green that had just a hint of warmth to complement the roof color but try to steer towards a cottage style.

I loaded some pics.

Just curious - wouldn’t it have been cheaper/quicker just to skin the ceilings with 1/4" drywall, instead of sanding it all off?

As some may know, we just had a record 2 1/2 inches of rain in one day here in Point Loma area. Guess what!!! I am getting emails from the buyer’s agent that there is water intrusion in the old garage area and the crawlspace on the Del Monte project. This means that the french drains are not handling the water saturation around the house. My opinion is that gutters will have to be put on the roof in some areas in the back part of the house. Either way… I will get over there (well, maybe no me exactly) and we will get it fixed. I stand by my work and want to keep my reputation.

I can guarantee if I crawled under my own house right now there is going to be some water under there.

For me there is really no such thing as ‘As Is’, I will fix it.

Also, I am just now finding out… as the Buyer is trying to get a company to install a network with the Cat5e… that my electrician didn’t run Cat5e from the living room. Unfortunately I stated in my disclosure that there was Cat5e in all ‘main living areas’. My electrician didn’t run it there because he didn’t think anyone would be setting up a computer in the living room. OK… back to take care of that because that was my error. If I had disclosed correctly I wouldn’t be on the hook for that one.

We didn’t have to sand the ceiling as much as the walls. It is cheaper to skim some drywall topping mud along the ceiling with a slight skip trowel texture. If we put drywall over the ceiling we would still have to tape and mud it and sand it and then apply same coat of skip trowel.

This might be a dumb idea but can you replace the fence with planters and plants?

Maybe the owners can do that later. I like the idea of big planters! Not dumb at all!!

Owners want to put planters but the concrete probably needs to go first

I wondered about that. Is there really only concrete landscaping in front of the house?

Nothing but concrete. You can see that in one of the photos I loaded today

This may be an insane idea, but could they install planters across the front and cover the concrete between that and the house with gravel?

Those two houses you posted addresses for are beautiful. I can’t believe it took the flippers two years, though. That’s gotta cut into the profit!

Yes, both houses beautiful but I don’t think there are sit down views except upstairs corner or rooftop decks. The Adair house has quite a combination of rooftop decks including one with BBQ setup. I’m watching carefully to see if they get their prices because my understanding is it is hard right now above $2 mil. Too much competition for fewer buyers in that price range