I found the author to be very insightful and informative…with easy step by step instructions for rehabbing in a timely manner… You can’t go wrong if you follow this stratagem.
“COMPLETE HOME REHAB IN 10 DAYS”
by DAN AUITO
The report is about taking a house and restoring it to an esthetically pleasing dwelling that has reclaimed its functional utility. In effect, it is the anti-aging medication for bricks and mortar.http://www.nahabproperties.com
“This report assumes that you have already or will soon acquire the proper house. The one that is in essence, ripe for rehab. Be selective and sure of the house’s potential to allow for a profit after the hard work is done. I will help you find your house or houses.”http://www.nahabproperties.com
“In the proverbial nutshell, it helps if you choose a house from the start that has sound a plumbing, heating and electrical system.
These are things that are expensive to correct in relation to the value they will return to you upon resale. Most often, people cannot see the inner workings of these complicated systems and they take them for granted.”http://www.nahabproperties.com
“Very few buyers are going to give an extra $15,000-$20,000 in your asking price because you have replaced things that they can’t see and already take for granted as just a basic component that is buried in the structure. Also, they assume these components to be warranted against defects by you.” http://www.nahabproperties.com
“After all, it is mandatory in most, if not all states, that you fill out a disclosure form that tells the buyer of every defect that exists or ever has, to your knowledge. So, inspect the systems of your investment alternatives carefully, as they can be expensive to repair or replace, with minimum dollar return value being realized at the sale.”
“Along these same lines, you should also pay close attention to the following cash vacuums:
▪ Structural Integrity”
“HERE ARE A FEW WAYS TO QUICKLY GAUGE A HOME FROM ITS APPEARANCE:”
“Stand across the street from it. Now look at the bones of the structure. Does it look like a sway-back horse, with the roof sagging in the middle? Does it have flat areas in its design that don’t allow water to be drained quickly?” http://www.nahabproperties.com
“Water, dampness and rot are the equivalent of cancer to the human body when it concerns a structure. Shingles can be replaced. That won’t necessarily stop you from buying. Usually, I will use that old roof as a bargaining chip in negotiating the seller down to a lower price. However, if I crawl into the attic and see that the plywood has become rotted and truss members are also affected, it’s time to move on to my next potential deal. Life is too short and I will never rehab it in 10 days if I have to rip the roof off and rebuild it too.”http://www.nahabproperties.com
“Some other conditions, such as sagging eves, wavy roof surface, rotten fascia and trim pieces, and insect infestations can be deal killers too, if severe.” ttp://www.nahabproperties.com
“Solution: Get into the structural members with a long, sharp, sturdy, standard flat-tip screwdriver and attempt to penetrate structural components that are made of wood. You won’t hurt anything if there are no underlying deficiencies. However, if someone has freshly painted over or patched it, that screwdriver is one heck of a lie detector! Use it.”http://www.nahabproperties.com
“Now, I’m not saying people would do that. It may just be the termites have eaten everything but the exterior coating of the wood to conceal their activity. Whatever the case, PROBE!”
“There are also tile roofs, metal roofs, cedar shake roofs, hot-rolled roofing, tar and gravel roofs and always a few high-tech roof coatings. The main concern is whether the decking or the roof support structure has been undermined by water, insects, rodents, poor materials, poor design or craftsmanship, a lack of fasteners, strapping, etc.” http://www.nahabproperties.com
“SHINGLES AND COATINGS CAN BE REPLACED. JUST KNOW WHAT IS UNDERNEATH”……. Says DAN AUITO. Negotiate lower for needed replacement of roof covering if you can. I dwell on roofs because it protects everything else!
“Next on the list of deal killers is the foundation. The same thing applies to the foundation. I will start by standing back from it and looking at it from a distance. Does this place look like the Leaning Tower of Pisa? Or are the seams coming apart? Do the windows and doors look square? Are porches, stairs and additions on firm ground as well?” http://www.nahabproperties.com
“Block homes can tell you very quickly if they are stressed out just by the appearance of the mortar joints. Those giant unsettling crack can and do tell the story. This does happen and mortar cracks may be 10 years old. You need to investigate further.”
“Once again, water is a sign of trouble with foundations because it leads to erosion, rot, mold and mildew. It washes out foundation materials and slabs will cracks. It rots sill plates and your walls are no longer firmly attached to a base.” http://www.nahabproperties.com
“If you have a crawl space, it’s time to get your coveralls on and get in there. Now, let’s use your heads (regarding safety issues). Before you enter a dark, supposedly uninhabited, infrequently entered, restrictive to movement area, assess the situation. Ask someone who has knowledge of the dwelling if there has been any animal activity that they know of. You may also encounter bees, wasps, ants, spiders, snakes, slugs, mosquitoes, rats, mice and a host of other inhabitants. Beware and be prepared. It is truly another world in some cases.”
If you do not want to do it, hire a professional licensed home inspector to protect yourself in all areas! The author then goes on to warn of the perils of visiting a vacant property. You will learn a lot about the situation firsthand about every part of the house you inspect. http://www.nahabproperties.com
“You should have a strong flashlight, your trusty screwdriver, maybe insect repellent and a safety observer standing at the access entry to give you piece of mind. Now you can go to the perimeter walls and inspect where the walls meet the foundation. Look for rot, misalignment, cracks, separations, water damage or any other conditions that doesn’t appear normal.” http://www.nahabproperties.com
“While you are down there, look at the other foundational supports, you will see pier blocks and posts, other concrete support pillars and walls, beams, joists and cross bracing, and the underside of sub-flooring. Check this stuff’s condition. Does it look original? Is it structurally sound? Or are there some discrepancies that need further investigation? Take a good look and smell!” http://www.nahabproperties.com
“Don’t leave yet. You also will want to look at the plumbing and electrical that is there as well. Scan the perimeter. Do you see any sunlight coming in from where it shouldn’t be? That might need a hole that needs repair. This is common sense land. You can inspect for general conditions. Simply follow everything to its logical end, looking mainly at the condition of the different components.” http://www.nahabproperties.com
You’ve made mental and physical notes. Now go into the inside of the house, if everything checks out so far. http://www.nahabproperties.com
So the roof and foundation have passed. Let’s look at the rest of the house with respect to its structural integrity. More than half of your structural integrity check, at this point, is already complete. The roof and the foundation are two of the most important components and those have been done. Now you are left with the interior spaces of the structure. http://www.nahabproperties.com
Here is what the author, DAN AUITO, suggests: “I stand at the front door with a checklist in hand (http://www.inspectamerica.com) and I begin to scan the walls, ceiling and floors. I’m looking for water stains on all three surfaces, as well as patches that were used to repair or conceal damage. I go through every room and look for signs of damage or concealment.” http://www.nahabproperties.com
“Any flat floor is a good candidate for scientific marble test. I’ll drop my marble. If it rolls to a corner, that floor ain’t level. That’s a simple test but I do want that the under-layer or sub-flooring is sound and firmly attached to all those joists, and beams and trimmers, etc.” http://www.nahabproperties.com
“Soft spongy floors are a concern, creaky floors are annoying and rotten floors are another story. Look for structural support of the floors. Do not concern yourself with the application of flooring such as threadbare carpet, linoleum, worn hardwood or loose tiles. Floor coverings fall under the label of cosmetics. That’s what you want to concentrate on…more on that later”, he says.
So, if the floors pass the test for sub-flooring and structural integrity is great, now check that the walls are square because they are attached to that floor. Then check the doors all operate properly and are square too. http://www.nahabproperties.com
These are a few things that can bite you here. Let’s say the structure overall is good. Assuming that you have a solid roof, a solid foundation and sturdy floors and walls, the next question should be, “What is behind the walls?” “ One particular error is you may find is that your wiring is not grounded or that the circuits are not properly protected. You are looking for three-pronged outlets and modern plastic-encased wiring made of copper, not aluminum. You want circuit breakers, not fuses. What you really need here is a licensed electrician to do this more in-depth and professionally licensed review of the system.” http://www.nahabproperties.com
Your home could catch fire because of lack of respect for electricity. Licensed electricians bring you up to code and protect your investment. Find a good one and make it a point to shower him with praise, attention and money well spent. http://www.nahabproperties.com
They will give you free estimates, so use them as a preliminary inspector with you. If you decide to buy it, use them to do the work that needs to done. http://www.nahabproperties.com
“Plumbers are a breed apart. You would think they use gold for soldering your pipes with the prices they charge. They may or may not give you a free estimate. With a little digging, it can be done. Just give them the work once you buy the house.” http://www.nahabproperties.com
“With plumbers, the only time you are going to need them is when you are doing major work or the once every ten year hot water heater job. Also, the occasional clogged main sewer line to the street.” http://www.nahabproperties.com
“In today’s P.V.C. plastic plumbing kits world, you can hire just about any good all-around handy man to get the job done. If you have to tear through a wall to get at plumbing, building code inspector-man will say, “Get a licensed plumber.”” http://www.nahabproperties.com
“Heating and cooling the air conditioning system, if the house you are inspecting doesn’t have adequate heating and cooling, that can become expensive. Let‘s say you have a flat roof home in a hot climate with window unit air-conditioners and you intend on bringing this house up to what a modern day home dweller expects. You may have a problem. Where would you put ductwork if you don’t have attic space to house and route central heat and air? Once again, call in a pro if you need some advice. They do give free estimates!” http://www.nahabproperties.com
“Here’s a point for you to follow up on: the plumbing, heating and air-conditioning guys all drive service trucks. Be on the lookout for those trucks if they are your neighbors; go say “Hello” and introduce yourself.” http://www.nahabproperties.com
Regardless, I have always done this and what I am saying is this: these guys most always work on the side and that means half-price. You may have to pull permit as a homeowner but the savings is substantial. Develop a network of these blue-collar geniuses. They are the people who will transform your investment fast.
Good place to find handy-man specials is NahabProperties.com. Here is the link:
http://www.nahabproperties.com for rentals.
Good place to flip your property is DealsofPhilly.com. Here is the link:
Now that you have a solid house with plumbing, electrical, heating and air-conditioning, roof foundation and overall good structural integrity; what is left to do? Call in your army of carpenter ants, from painters to carpenters and flooring installers, yard maintenance and tree trimmers, and handy-men of all sorts. http://www.nahabproperties.com
“Let us start with the DEMOLITION Team first. Order a dumpster for the next ten days. Permits may be needed in your area. Throw out everything, including the kitchen sink. A blank canvas is created for the painters to perform the transformation. They come in and patch and paint. Let the blast the place with their airless paint-sprayer inside and out. This should take three-day and will have just added a huge improvement to your investment. This is the biggest dollar-for-dollar return you can make.” http://www.nahabproperties.com
“One cautionary note: Make absolutely sure that quality paint is used. When painting, it is the labor that kills you, not the material. The author recommends Sherwin Williams Super Paint. It is a miracle formula that he is convinced could cover up bullet holes without any patching compound and it lasts forever.” http://www.nahabproperties.com
Once the painters leave, the flooring team should be right behind laying tile and or carpet. They should complete that aspect in 2-3 days. The cabinet and handymen are attacking next. http://www.nahabproperties.com
Light fixtures, vanities, toilets, sinks, doors, switch plates and outlet covers. TEN DAYS are up. http://www.nahabproperties.com
The house is held out for rent, or either lease optioned or sold for a whole heck of a lot more than the initial investment. http://www.nahabproperties.com
The idea of finding the ideal fixer upper is to find those where structure and systems are fine and it still needs demolition and paint. The best place in Philadelphia to find flips or fixer uppers, is
NahabProperties.com. Here are the links:
TOOLS: ▪ Find your team of professional craftsmen.
▪ Schedule team to a specific agenda, in order to complete project in a timely manner.
▪ Save the cosmetic work until last