All Forum Posts by: Chris G.

 It would cost most people a hell of a lot more for sure -- I am in a special position with the people I work with and the relationships with vendors/contractors I have and they have that we leverage to get my cost a lot lower. A lot of the custom work, detail work, tech upgrades didnt cost me any more than the physical supply cost and the daily contractor labor rate.

I'll post my costs, but it should only be used as an approximate baseline, some of the things would cost a couple $K more normally. 

$928 - Wood Laminate Flooring
$6000 - Roofing
$6521.68 - Kitchen/Bath
$495.95 - Landscaping Labor
$4250~ - Electrical
$2000~ - Plumbing
$655 - Water Heater
$1973 - Windows
$900 - Tile Flooring and Shower Wall Tiles

I'm hoping it goes for above asking -- but who doesn't hope for that? :)
I have it on MLS already with just outside pics, and realtor said shes already received a couple calls. Scheduling showings for next week.
Once people come to see it, especially with all the "detail" improvements (tech upgrades and not just pre-wired but installing speakers already, etc, custom tile work w/ pattern, custom bathroom glass/tile work), I don't think they will be able to resist it. It is the nicest house within several blocks for sure.

 $316,500 total acquisition cost, $55K~ approx. rehab cost.
A lot of the major costs (plumbing, electrical, roofing) were needed to pass inspection upon re-sale so I had no choice. 

I had 3 full size dumpster loads of trash on this house, with 2 of them being $150~ over weight limit.

Shrug... Easier to find copper plumbers. I'll look into Pex on the next house though - Thanks!

Here are some additional pictures. We should be wrapped up by Friday/Saturday with everything.

House is in the North Hollywood/Sun Valley area of California, its a 1090sqft~, 3/1 with detached garage on a 7,400sqft lot. Being listed for sale @ $450K.

Working on finishing this house this week. Here's a list of the things I can remember that we did to this house. Its basically a whole new build -- everything is new except the framing and some of the drywall we didnt need to touch.

I'm attaching some pics at the end to show current status. The Quartz counters in the bathroom and kitchen got installed today.

Major Structural:

• -100% New Electrical (Wiring, Faceplates, Switches, Fans, Exterior Panel, LADWP feeds, etc)

• -100% New Copper Plumbing

• -New Sewer Drainage pipe to LADWP

• -Brand New Roof (1st layer, House&Garage)

• -Brand New Gas Water Heater (and moved from kitchen to outside of house)

• -All brand new windows

• -Brand New Doors

• -New Wood laminate floors throughout entire home

• -New lawn sprinkler system

• -Custom landscaping with new sod, colored stone, colored mulch, & plants/trees

• -New wood fence
• -Crown Moulding Install
• -All new baseboard installed

Entertainment/Convenience Features:

• -New pantry

• -Laundry hookups in garage
• -LED Lighting & Bulbs Throughout

• -Whole Home Ethernet (Network) Pre-Wired

• -Living Room Sound System Pre-Installed (4x 6” Spkrs, 1x 8” Center Spkr, Subwoofer Hookup)

• -Living room HDMI pre-wired for wall-mount TV

• -6x Recessed Lights in Living Room

• -Each bedroom has 4x power outlets minimum

• -Firepit in backyard

• -Elevated concrete slab section for BBQ

Kitchen:

• -Custom tile floor w/ pattern

• -Cappuccino Wood cabinets

• -Quartz Stone Slab Counters

• -Spice Racks

• -Trash storage drawer

• -Enclosed Surround for up to 36” Fridge

• -Recessed light over sink

• -Dishwasher hookup

Bathroom:

• -6ft DUAL Master Vanity

• -Cappuccino Wood cabinets (matching kitchen)

• -Quartz Stone Slab Counters (matching kitchen)

• -6 Storage Drawers plus 2 main under sink storages

• -4.5ft mirror

• -Custom tile floor

• -Custom shower/bathtub tile surround

• -2 Recessed Nooks w/ Interior Colored Glass

What part of LA is the four plex in? I can refer you to my contractor that is just finishing up a complete house rehab (everything - electrical, plumbing, roofing) for me this week.

They are probably used to a ton of people shopping but not doing anything and/or shopping a ton of people and wasting everyones time.

Too many people try to shop around and be ultra cheap.
The best customer already has an idea of costs, and is reasonable. Doesn't need the lowest bid, but a contractor they like and are being charged a reasonable rate -- and then move on with the project.

I don't even bother getting more than 1 or 2 quotes 99.99999% of the time. If the price seems fair and I like the guy, then its a GO. 

However, the vast amount of time wasting "customers" have really skewed contractors views of customer service.

You can buy a nice 3-4bdr/2bth CBS house in the Melbourne / Vero Beach area for that price and it rents out for around $900/month

Has the beneficiary assumed the loan already?