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Flip this House Indiana!

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Flip this House Indiana! WE BELIEVE!! Budget Major Issues Possession of House Danny work with Mike to begin Eviction and continue communication with Tenant to gain ... – PowerPoint PPT presentation

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Title: Flip this House Indiana!


1
Flip this House Indiana!
WE BELIEVE!!
2
Budget
Septic 7,500
Sump Pump 1,100
Mold Treatment 600
gutters vinyl 350
window install 4,500
HVAC 750
carpet 2,000
kitchen floor 300
laminate 800
Trim Base 500
Paint 500
Toilets 300
Showers 600
Tub 150
Vanity 500
Hardware 250
Doors 500
Dishwasher 350
Landscape 1,000
Foreman 1,500
24,050
Sale Price 123,300

Repairs 24,050

Real Estate Commission 6,165

Debt 93,000

Profit/Loss 85
3
Major Issues
  • Possession of House
  • Danny work with Mike to begin Eviction and
    continue communication with Tenant to gain
    possession. The sooner the better.
  • Judge may need to be aware of the crew coming to
    fit up the house. Hopefully he will clear
    possession in time.
  • Septic/Perk Test
  • Waiting for info from health department as to
    results of perk test. If perk test passes does
    health department need to approve site.
  • Get quotes
  • If perk test does not pass, next course of
    action?
  • Sump Pump
  • Is there one? Where should it go? Can we
    install?
  • Floor Joist
  • Mold
  • Schedule fogging before we arrive
  • Termite Damage
  • HVAC
  • Schedule service before we arrive
  • Moldy Insulation

4
Whole House
  • Painting
  • Baseboards/Trim
  • Windows

5
Outside
  • Stump removal
  • Quote to have someone remove
  • Landscaping
  • Simple but attractive
  • Gutters
  • Quote for seamless
  • Rain cap
  • Paint Soffit
  • Clean debris from roof
  • Pressure Wash
  • Address half finished fence

6
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7
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8
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9
Front Living
  • Hope for Raydoubtful(no cash for material)
  • Cut out bi-level floor joist and recap. Install
    sub floor and steps.
  • Electrical outlets
  • Drywallwalls, ceiling,
  • Ceiling fan
  • Flooring

10
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11
Down Stairs Hallway
  • Replace Paneling
  • Flooring
  • Ceiling
  • Closetsliding door and hole in floor

12
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13
Master Bedroom
  • Closet doors
  • FlooringTear out.
  • Master door

14
Master Bathroom
  • Remove French Butt Cleaner
  • New Double Vanity Sinks
  • Knobs on cabinetry
  • Mirror/Light Fixtures
  • Tub/Toilet/Shower
  • Sub Floor
  • Fixtures
  • Professional Plumbing

15
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16
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17
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18
2nd Bedroom First Floor
  • Closet Door
  • Threshold

19
Kitchen
  • Ceiling
  • Floor
  • Hardware
  • Dishwasher
  • Sink
  • Fixtures
  • Counter Top?
  • Paneling Wall/Chair rail?

20
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21
Utility Room/Half Bath
  • Ceiling
  • Floor
  • Vanity/Toilet
  • Bathroom Walls

22
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23
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24
Play Room
  • Flooring
  • Ceiling
  • Walls
  • Sliding Door
  • Window with vent?

25
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26
Upstairs
  • Carpet Floors
  • Bathroom Vanity/Shower/Toilet
  • Broken Window
  • Closet Door/Hardware

27
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28
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29
Team
  • Matt Albertson
  • Danny Albertson
  • Andy Albertson
  • Gary Herbert
  • Charlie Workman
  • Charles Beaman
  • Rob Workman
  • Jeremy Burns
  • Michael Hamilton Sons
  • David Absher?
  • Dave Miller?

30
Weekend Timeline
  • December 7,8,9th

31
Tools/Supplies Needed
  • Dumpster
  • Air Compressors
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