Flip Project Timeline
Hey BP,
I'm finally doing my first flip. I started off with two out-of-state SFH university rentals to get my toe in the water. Now, I found a hell of a deal in a hot market, and its just about closing time. The project is going to hit the ground running. I have allocated 3 months to this flip and obviously sooner is better, but that is what was budgeted (feel free to give advice on how to improve my timeline). I am listing the projects below and separating them by weekly checkpoints from date of purchase. Again, this is my first flip, so if any process can be maximized better, I would be super thankful for words of wisdom.
Week 1- Demo:
- -Two day rental of Bobcat to remove trees, large decorative rocks, and clear backyard and sideyard fences.
- -Haul away yard debris
- -Mow and spread grass seed on entire yard.
- -Demo kitchen cabinets
- -Remove all fixtures
- -Demo old bathroom tiling and fixtures
- -Have digging/tunneling prepared for sewage line replacement
- -Pressure wash outside of house to prep for paint
Weeks 2 & 3
- -Complete sewage line replacement
- -Begin Landscaping design
- -Replace entire homes fascia boards
- -Remove popcorn ceiling texture
Week 5
- -Have exterior of home painted
- -Roof leaks should be repaired by now
Week 7
- -Have new lighting and fixtures installed
- -Tile Flooring throughout installed
- -Replace drywall boards as needed
- -Paint interior
Week 9
- -Kitchen cabinets/countertops and island installed
- -Bathroom tiling completed
- -Shower doors installed
- -Detail work inside
- -Electrical outlets upgraded
- -Front Door replaced
- -Vanities/bath fixtures installed
Week 12
- -Install appliances
- -Install Fencing where needed(using about 80% of the neighbors white pvc fence as a privacy, will match)
- -Paver driveway to be completed
Week 13
- -Stage for marketing photos and open houses
- -Accept offer at 110% of list price
I know this is a brief run over of the work, but any advice in planning/ executing is appreciated. This will be my main focus as work, so I will be at the property daily completing what I can and overseeing subcontractors. Project is in South Florida, i will be sure to document for the community as it progresses. Thanks everybody for making this the best community around!
-Nick