All Forum Posts by: Trevor Stonehouse

Hello All,

I am an investor Based in San Diego. However I am under contract in Phoenix AZ for a 4-plex. 2 of the units need a renovation. They are 900 sq ft, 2 bed 1 bath. The main issues with the units are the kitchens & baths. The bedrooms are fine (one needs a new closet door.) Here are the issues with the property:

-Completely renovate kitchen and bath for 2 units.

-new cabinets

-new countertops 

-wall between one unit's kitchen and bath is gone.

-fix plumbing / hook up toilet and shower

-make electrical operational

-Hang drywall and paint for missing wall. 

-Replace 4-8 windows.

-Install 1 water heater. 

-Install correct roofing vents on entire building (3600 sq ft) 

-Hang security Door. 

-Hang closet door (mentioned above) 

-Replace 20/25' of fence including 2 gates. 

-knock out approx 8-10' x 2' of poured concrete walkway, replace with pavers

-landscape "yard" 15'x10'

I'm looking for someone to do this work. I hate to say "on a budget" because I don't want to be insulting. But it has to be. The apartment complex is a C/C- complex, in a B / B+ neighborhood. So any glam work would be overkill. It needs to be a realistic materials for the market. However I am willing to pay a good rate for the work to be done correctly. 

Let me know if you are interested in talking more about doing the work, or have a good reference. 

Best, 

Trevor 

Thanks for all your help everyone. I am working on a comprehensive list. I will post it in this thread when I am done! :) 

Trevor 

This is an Amazing Thread. I currently have an accepted Short Sale offer on a 4plex in Phoenix AZ. This is my first investment property. I was trying to build a step by step process to purchasing out of state investment properties and @Eric Fernwood was super helpful! I'm hoping you are still willing to share your Interview Questions for Property Managers? I am in the process of generating a set of questions but this would save valuable time.

@Mike D'Arrigo I would be very interested in reading your paper as well if it is still available. 

Thanks again to you vets for helping out us newbies. We value your experience and knowledge. 

Best,

Trevor Stonehouse