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Old 10-13-2010, 08:22 PM
 
Location: Baltimore
1,614 posts, read 2,389,952 times
Reputation: 1004

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I have a number of clients who are interested in purchasing distressed properties to rehab HGTV style. This is a project in Baltimore we took on a year ago that actually just got put on the market that should put some of what this involves into perspective.

It details everything from the beginning where the property was falling apart, removal of 6 tons of stuff inside the house, construction and the eventual finish.

It took two of us and a grandfather two months to demo the property (we did it ourselves part time) and another two and a half to build (which much was subbed out).

Enjoy!
My home renovation thread
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Old 10-13-2010, 09:15 PM
 
Location: Danbury CT covering all of Fairfield County
1,853 posts, read 3,831,716 times
Reputation: 742
Nice pics. You should see what one of my friends/clients did to a distress property after it was on the market for about a year as a short sale which eventually got taken over by the bank. The house went from being the worst home on the block to the nicest. Some of the work he did included new siding, new roof, new kitchen, new bath, new paint & completed a $12,000 foundation repair which caused the home not to sell when it on the market before. When he turned it over to me to sell it, we got a full price offer from the first buyers that saw it & closed in 2 months. We should be closing on another distress property by the end of the month and will create another move in condition property.
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Old 10-14-2010, 01:44 PM
 
3,043 posts, read 2,190,526 times
Reputation: 1903
I can't get your pictures to load. May be my computer. Iv' done renovations like this and its a great way to make money if you know what to buy.
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