BEFORE & AFTER PICS on a NEW build

Flipper/Rehabber · Charlotte, NC · Member since 2010 · 241 posts · 127 votes

Hello All my my fellow BP'ers . I've been involved in Real estate for 10 years now. And as I continue to grow the more I realized how much I don't know. Fortunately, I've done a lot of self development and I continue to do so. I am amazed on how far along I have come. My advice is to continue to educate your self and surround your self with good people. Here is a house I picked up for 105k, knocked down original house and sold for 515k. I dont want to get into cost & profit. This took place in Charlotte,NC. I just want to encourage others and uplift. Please find before and after pictures below.

15 Reply

41 views

Most Popular Reply

Jay HinrichsBusiness Member

Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes

Nice work.. I think a lot of folks are realizing it maybe easier just to build new than try to do major rehabs. and I sure like the modern look.. although in 20 years maybe people will wonder what we were thinking .. I have 3 moderns going I Charleston and they are HOT.

we started doing moderns ( that style in Portland about 5 to 7 years ago) still sell well.

like the shower you did there too..

515 is a big price congrats I bet that created a nice payday for you. !!!!

Podcast Guest on Show #222

JLH Capital Partners51 Review

Website View Page

1 Reply

See this reply in the discussion

30 Replies

Jump to latestLatest

Sort by

Elizabeth Wilson
Real Estate Investor · Memphis, TN · Member since 2016 · 940 posts · 695 votes
8y
@Nasar Elarabi - Great advice and congrats!!
0 Reply
Candy Geo
Real Estate Investor · Oceanside, CA · Member since 2015 · 34 posts · 9 votes
8y
Thanks for continuing to inspire us! Awesome job on your development project!
0 Reply
Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
8y
Nice work.. I think a lot of folks are realizing it maybe easier just to build new than try to do major rehabs. and I sure like the modern look.. although in 20 years maybe people will wonder what we were thinking .. I have 3 moderns going I Charleston and they are HOT.
we started doing moderns ( that style in Portland about 5 to 7 years ago) still sell well.
like the shower you did there too..
515 is a big price congrats I bet that created a nice payday for you. !!!!
Podcast Guest on Show #222
JLH Capital Partners51 Review
Website View Page
1 Reply
Karen MargraveBusiness Member
Moderator
Realtor, General Contractor, and Developer · Redding, CA · Member since 2009 · 7k+ posts · 4k+ votes
8y
WOW!! Great job. Were you the first in the neighborhood with modern style? I'm sure you bumped up the comps in the area, the neighbors are probably loving you. I love that shower, and the bathtub faucet.
1 Reply
Nasar Elarabi
OP
Flipper/Rehabber · Charlotte, NC · Member since 2010 · 241 posts · 127 votes
8y
@elizabeth wilson thanks @Candy Geo thanks alot @Jay Hinrichs lol yeah i did pretty well. thanks alot @Karen Margrave I was actually the 2nd in the neighborhood. However I got the highest price. thanks
1 Reply
Jeffrey Stasz
Investor · Charleston , SC · Member since 2014 · 160 posts · 142 votes
8y
@Nasar Elarabi congrats on your first build. I bet you learned A LOT! Interesting decision to not case the windows. Was that ascetic or financial.
@Jay Hinrichs I'm building a super modern downtown...It's on! Swing by next time you're in town.
0 Reply
Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
8y
Originally posted by @Jeffrey Stasz:
@Nasar Elarabi congrats on your first build. I bet you learned A LOT! Interesting decision to not case the windows. Was that ascetic or financial.
@Jay Hinrichs I'm building a super modern downtown...It's on! Swing by next time you're in town.
Jeffrey I will be in Charleston the week of the 11th all week lets get together.
I made a post in the Charleston topic and announced I would be there .. no one answered me other than Tony Gandee and I already know Tony..
Love to see your projects and show what we have going please send me an e mail so we can sinc up.. !!
Nasar sorry to hijac your thread here.. but we are all building the same type product so its kind of germane.
Podcast Guest on Show #222
JLH Capital Partners51 Review
Website View Page
1 Reply
Nasar Elarabi
OP
Flipper/Rehabber · Charlotte, NC · Member since 2010 · 241 posts · 127 votes
8y
@Jeffrey Stasz thanks, this is not my 1st.. lol the windows were basically the coolest option.
0 Reply
Jonathan Harris
General Contractor · Denver, CO · Member since 2016 · 63 posts · 24 votes
8y
Nice work. Pretty much all of my clients have jumped to new builds, with the high cost of land here in Denver flips that have good margins are hard to come by. I have been doing primarily new 3 story duplexes for the last 2 years.
0 Reply
Naftali Tolibas
Tucson, AZ · Member since 2017 · 96 posts · 58 votes
8y
Nice build @Nasar Elarabi! Did you design or did you hire an architect?
0 Reply
Nasar Elarabi
OP
Flipper/Rehabber · Charlotte, NC · Member since 2010 · 241 posts · 127 votes
8y
@Naftali Tolibas I told the architect what I wanted by showing pictures of it.
0 Reply
Ian WalshBusiness Member
Lender · Philadelphia, PA · Member since 2016 · 2k+ posts · 1k+ votes
8y
Nice work. I am not familiar with the area. Is that the style of house that people like around there?
0 Reply
Nasar Elarabi
OP
Flipper/Rehabber · Charlotte, NC · Member since 2010 · 241 posts · 127 votes
8y
@Jonathan Harris thanks that sounds good. DO you have pics on here of your duplexes? @Ian Walsh thanks, I cant say every one likes this style of house. I can say this style of houses & my friends modern style houses are selling before they hit the market. So I say there is definitely a group of people out in every market willing to pay big bucks for these.
0 Reply
Kyle H.
Investor · Bryson City, NC · Member since 2013 · 162 posts · 122 votes
8y
@Nasar Elarabi
House looks great and wise words to live by in your post. This work can be a grind, and positive attitude and the right people are the difference in my opinion. We just finished our first new construction project in Asheville after being in a small local market about an hour away for the last 3 years and it has been a learning experience for sure, but we have made some great contacts and ended up with some dirt under contract from just meeting people around our build.
0 Reply
Tiffany ChandlerPro Member
Southbay, CA · Member since 2015 · 38 posts · 18 votes
8y
@Nasar Elarabi Thanks for sharing. Great inspiration.
0 Reply
Nasar Elarabi
OP
Flipper/Rehabber · Charlotte, NC · Member since 2010 · 241 posts · 127 votes
8y
@Kyle H. Yeah its definitely a learning experience for sure. @tiffany chandler thanks alot
0 Reply
Account Closed
Rental Property Investor · Austin, TX · Member since 2015 · 280 posts · 176 votes
8y
@Nasar Elarabi do you focus on your builds fulltime? Do you think this is something that can be done on the side while still working a W-2? Just curious, but what is your average cost per sqft on a build like this? Also, do you have a single builder you work with or are you the builder and you contract everything out individually (i.e. electric, plumbing, faming, etc)?
0 Reply
Nasar Elarabi
OP
Flipper/Rehabber · Charlotte, NC · Member since 2010 · 241 posts · 127 votes
8y
@Account Closed NO I do about 3-4 RE niches. Mainly focusing on wholesaling. I think you can do this while still working a w-2 if you get the RIGHT GC who can do a turn key model. Key word RIGHT so if I were looking for the right GC. I would find one who already built the house I want or built a few houses. You pick a house from his collection and he could tell you how much a sq he can build for you. MY GC does everything I do not deal with subs. I dont want to get into my cost on builds on this public forum. Thanks
1 Reply
Anthony GaydenPro Member
Rental Property Investor · Omaha, NE · Member since 2014 · 2k+ posts · 3k+ votes
8y
Great work.
Podcast Guest on Show #21
0 Reply
Nasar Elarabi
OP
Flipper/Rehabber · Charlotte, NC · Member since 2010 · 241 posts · 127 votes
8y
@Anthony Gayden thanks alot
0 Reply
Jonathan Harris
General Contractor · Denver, CO · Member since 2016 · 63 posts · 24 votes
8y
@Nasar Elarabi, I do have pictures on my website. Apparently I can't post a link because it's considered self promotion.
0 Reply
Nasar Elarabi
OP
Flipper/Rehabber · Charlotte, NC · Member since 2010 · 241 posts · 127 votes
8y
@Jonathan Harris thanks I'm on your website now and will check out.
0 Reply
Austin Mayo
Sales manager · Boca Raton, FL · Member since 2015 · 3 posts · 0 votes
8y
Wow this turned out awesome, I personally am a big fan of modern styling. What made you decide to go with this particular style?
0 Reply
Alfred Edmonds
Contractor · Greenfield, MA · Member since 2017 · 107 posts · 99 votes
8y
@Nasar Elarabi like that design! What's the square footage and did you build on the old foundation or dig it up? I really like it and I'm an old house purist new Englander! really great job
0 Reply
Nasar Elarabi
OP
Flipper/Rehabber · Charlotte, NC · Member since 2010 · 241 posts · 127 votes
8y
@Austin Mayo the reason I picked this because it was really really cool. lol But the house fit the lot perfectly. @Alfred Edmonds the sq feet was 2500. We started from scratch and the modern is on slab. thanks alot
0 Reply

Join the conversationCreate a free account to reply, vote on answers and follow this thread.