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Patrick Knapp
  • Contractor
  • Wake Forest, NC
115
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123
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Build to sell, my process and how things are going in raleigh nc

Patrick Knapp
  • Contractor
  • Wake Forest, NC
Posted Mar 20 2024, 21:15

So I purchased a fire damaged home from a wholesaler in September in the King Charles neighborhood. Paid $235k

Budget is $510k for the build (high end build)

ABV(after build value) $1.1mil

So permits took about 1.5 months.

We started tear down in Nov and framing started 7th of Dec. it took way longer than expected since I’m a GC and used my own guys, I put a nail in my hand and other guy had a baby plus holiday time it was way off….. **** happens I guess.

Was hoping to have everything done by April but windows and doors took way longer than expected. They came from over seas, but they just finished being installed. Market is getting better and feeling better about everything m. Anyone else doing this in Raleigh on here?

I’ll post link to IG so if anyone is interested they can follow the progress.

User Stats

123
Posts
115
Votes
Patrick Knapp
  • Contractor
  • Wake Forest, NC
115
Votes |
123
Posts
Patrick Knapp
  • Contractor
  • Wake Forest, NC
Replied Mar 22 2024, 05:32

https://www.instagram.com/reel/C4rCnvhLUcS/?igsh=emZ6bWR4NnJjYTNi