Posts Tagged ‘Builders in Detroit’

US080 Ashton; Works update

Tuesday, March 2nd, 2010

US080 Ashton works update:

As usual, checks are made on heating, electrical and plumbing systems, to see if they are up to code or in working. It’s not wise to commence decoration and find a leak when the plumbing is turned on later!

With this property the furnace and boiler were missing so we had to replace those. The plumbing and electrics have also been updated. The crew are well experienced on these sorts of jobs and did this within a few days. Good quality taps have been fitted in the kitchen.

All internal surfaces are being repainted in a neutral but attractive cream colour (that some in UK might call magnolia), with white ceilings and trim. We’ve often noticed that rushing work crews in Detroit tend to spray everything in the same colour. Saves time, but our background is in development where we have to attract buyers and good tenants.

No way to accept such an approach and our guys have been trained to make the extra effort to paint skirting, windows and ceilings in contrast colours.

The property will soon be finished and there is no doubt renters will be falling over themselves to rent this one.

US077 St Mary’s; Works almost done!

Wednesday, February 3rd, 2010

Photos from 27th Jan 2010

Great progress has been made on this property in the past two weeks; it’s really unrecognisable as the same place.

A door now separates the two apartments, with the staircase refurbished (see rubber treads for a neat utilitarian finish) and the whole place finished in a lovely white/cream decor which sets off the elegant interior.

A number of new lights have also been fitted and the usual overhaul of the electrics to be ready for code inspection.

Quite a bit of work has gone into the kitchens, which have been rubbed down, repaired and painted. They will now look attractive to renters, as does the whole place.

And the new beige carpet finishes it all off.

We really like this property now. To be frank, we aren’t fans of split levels. They tend to be in seedier areas of town. We made an exception with this one as it’s in a good location and was basically a really good property. All that it needed was a thorough makeover and now we’ve done this, the owner can look forward to double rents and a much more valuable asset.

Furnace replacement: Wrestling with a 500lb gorilla

Wednesday, January 6th, 2010

It might seem a straightforward job – replacement of old furnace. It might be if the new furnace was the same size as the old. That is didn’t weigh 500 lbs. And you didn’t have to take it down a narrow staircase!

A refurbishment job on a 3 bedroom house on Haverhill Street, Detroit included replacement of the old furnace. You can see from the picture of the old piece of kit how old it was. Circa Titanic era, by the look of it! It left a trail of rust on removal.

To save the property owner a couple of thousand dollars, a good, second hand modern style furnace was acquired. A really heavy duty one that is incredibly heavy. Luckily, our contractor is a muscular 15 stone guy and with his work partner, they slid it down a ramp made over the stairs. It took a whole Saturday afternoon just to get it down to its new home in the basement.

As you can see from the pictures, there was a lot of work fitting the replacement. After making a level base, the old flue pipe had to be replaced and so too all joining pipework . This means quite a number of expensive valves and joints. It’s a big job and matching new to old is always tricky.

Pictures are unfortunately on the small side but should give a good idea:


US061 Mansfield; Job Done in a Month

Monday, January 4th, 2010

The crew have finished up in this property and it’s looking a whole lot smarter than when they arrived.

New front door with step. Windows and shutters painted. Inside, the hardwood floors look really good sanded and varnished.

All wall surfaces newly painted in light shade. In kitchen, revamped and is now fine for renting (or selling). New sanitary ware, and very importantly new heating and hot water system.

All in, a job well done, quickly and without hassle. And the proof of this in a tenant snapping it up as soon as offered. We tell our clients there is big rental demand in Detroit. Yes, there is, BUT, it’s got to be the right sort of property. Better houses in decent locations, like all the houses we process.

And what tenants scramble to rent, will sell for a nice price later on for sure.

(In the photos the boards are still on the property as these pictures were took last just before the tenant moved in. We usually leave boards on until tenants move in).


US018 Somerset: Same street, different project

Tuesday, December 29th, 2009

We’ve sold 3 houses on Somerset street in Detroit – it’s a nice but not too expensive area ideal for rentals. A popular residential pocket on the border with Grosse Pointe where find properties are very popular for rentals.

The owners of this property wished to get a private estimate for the refurbishment necessary, which is fine. However, they were quoted 36,000 USD, much more than they expected or budgeted for.

Our estimate was over half that excluding plumbing and electrical – the amount of work needed on these two aspects won’t be known accurately until work progresses. As you might imagine, the owners were relieved to get their original quote well down – by 50%, in fact!

In the first couple of weeks, prior to Christmas break, we were able to finish the drywall in the upstairs bedroom, paint the lower bedrooms, hallway, and bathroom.  Plus installed the toilet, repaired the roof, and patched the ceiling in the living room and kitchen (see before and after pictures of hole.) The boiler and furnace have also been replaced too.

Our contractor wanted 1200 USD for the plumbing, but we squeezed, as usual, and got the price down to 500 USD. We haven’t heard of the electrical supplement yet, but it shouldn’t be too much. We made clear to the owners, as usual, that the price excludes plumbing and electrics, but we are very loath to add onto main estimate as people tend to mentally stick with one figure and don’t like additions.

Another week or so should see this project completed – within the month or so indicated to the owners.

Pre work photos below with updated to follow:


US043 Buckingham; Phew… Job done!

Tuesday, December 29th, 2009

This project is finally finished, with tenants in place. It’s been a bit of a mountain to climb – a lot of work. All basics needed renewing, such as roof, plumbing and electrics. Even floor in rear cloakroom was re-laid. That plus complete redecoration.

I remember very well the first contractor we had round at the beginning, who said, “no way”. He reckoned we were crazy to be doing such a huge job for the sort of money we had to. Well, we don’t like people who think something can’t be done. That just incites us more to prove them wrong. And we have.

We’ve done a lot of fundamental works that usually tally up an eye watering bill. Not for this lucky owner, though. He was savy enough to buy for a low price that included this long list of works. Now he’s basically got a free house as the price he paid would hardly cover the work! Fortune favours those that act, is our view, and we hope he makes a massive profit if he sells in the future.

The project has given this work crew of ours added confidence. Their other jobs will, most likely, be a lot less work and will seem easier now they’ve tackled this big job. It’s intangibles like that which adds value to a business and although we nearly lost our shirts on this one, we’re pleased at the result.


US060 Somerset; Finished quickly

Tuesday, December 29th, 2009

After a very pleasant Christmas break, it’s time to update on some of our USA building projects, starting with a job that has been completed in short order and to budget.

A look through the new pictures below shows what a smart place it is now. Nice sunny paint job, new plumbing, new electrics, brickwork repairs to the chimney inside, refurbed bathroom and kitchen (note the new cabinet knobs).

And not to forget the brand new roof on house and garage!

All has been sorted out, down to fitting a smart brass effect lamp and new post box to side of front door.

That this is a very desirable property now is confirmed by the ease with which our rental manager found a good tenant.

All in all, a successful project. The owner had bought with the building works included in the contract of purchase. They have got exactly what they ordered and quickly. Probably no longer than if you were buying a house without works.

We often say this, but it’s always worth repeating. To buy a property like this NOT renovated at this price is a bargain. But to buy full refurbished and with tenant lined up is HUGE VALUE FOR MONEY. Given a bit of time, our clients stand to make big profits.

The exit strategy is clear – sell to USA families or investors, as they can pay more due to being able to access mortgage finance. That plus the rise in prices on these giveaway properties over next year or two, and the capital gains should be very significant.


NEW PROJECT US060: Somerset

Monday, December 14th, 2009

Another classic rentable single family unit. Decent street and nice solid building.

Range of works that need doing is fairly typical – the previous owners, a Bank, had neglected the place as they typically do. The back door had been forced and left open. The plumbing and some wiring had been whipped out, along with the boiler. The roof of the house and garage need replacing as well as fixing the garage door.

The problem with copper theft of this kind is the damage they do when ripping it out. Big holes are knocked in walls and a lot of damage done – out of all proportion to the small value of the items. We now as a matter of standard procedure, check water and electric circuits in all properties as just about always there are faults and sorting out this aspect of properties is usually the biggest headache and cost.

Additionally, with Somerset, the furnace looked like something from the Titanic..after it sunk. It will need replacing along with ducting. That’s $4,500 for starters. I note the price to make the point very clear that refurbishment is most definitely not a cheap process and our clients are getting very great value for money to have it included in the purchase price. In many cases, they are getting the house for just about free, if the cost of the works was at full market rate. Anyone thinking of doing this themselves – go right ahead, but just watch out for the numerous pitfalls that make a big hole in your wallet.


US043 Buckingham: Huge value for money works

Thursday, November 26th, 2009

This has been a big job. It’s a large house and it had been run down by previous owners and lying empty during a couple of Detroit winters. The crew have been beavering away for about a month now and the place is looking very different. In fact, unrecognisable inside such has been the improvement.

Bathroom is just about completely new, with bath and sanitary unit fitted and tiles glazed. Kitchen has new sink and had a complete makeover, with new window and floor.

All rooms have been repaired and smartly painted.

Outside, the damaged front steps have been repaired and new rail put around. The garage is looking much better now after painting.

Much of the work isn’t evident to the casual observer, such as the extensive wiring and plumbing work that was needed. In fact, much of the wiring and all switches and sockets are new. Same too for the plumbing, where just about all old piping has been replaced by plastic piping which is more suitable to sub zero Detroit winters. The water tank is new too.

In fact, a tally up of the work here would normally cost about what the client paid for the whole house! We know the crew working on it aren’t making any profit. They are doing it at materials (real) cost with a few hundred dollars wages simply to retain supply of work from us.

And this is really the crucial point about buying from P4P. We can do the building works for less, usually far less than the ordinary buyer. We’ve been able to halve or more quotes that client’s got themselves! Even if you were able to source and safely buy a property to a good price and location, as likely as not it would take multiple quotes and much work to get a low build price. Even then, you will require a manager on the job every single day otherwise as likely as not things would go wrong, badly wrong.

There’s not the space here to outline all the potential pitfalls of self purchase and build in Detroit, but suffice to say we think our value for money is second to none. Our profit is essentially in what we can save in build costs – in other words, out of the builder’s pockets, not the clients!

And this is really the crucial point about buying from P4P. We can do the building works for less, usually far less than the ordinary buyer. We’ve been able to halve or more quotes that client’s got themselves! Without compromise on materials or quality of work.


US075: Mitchelldale Draws to a Close

Wednesday, November 18th, 2009

Mitchelldale project draws to a close

After little more than a week, this property is just about completed. New plastic piping has been installed in basement to connect up the new boiler.

In Detroit, the combination of old rigid piping and sub zero temperatures is bad news for leaks. Every time we do a house, there are leaks. The problem is compounded by Bank owned properties not being winterised properly – namely, the pipes not being drained completely. Come minus 10 degrees, then the spring thaw and, pop, the leaks start.

A few odds and ends need attending, such as some light sockets and kitchen cabinet work, but the place is starting to look quite smart.

It’s the “odds and ends” that are always a push to get done. Builders do the main jobs, then are usually distracted by other work, leaving small jobs undone. Which undermines client satisfaction as until all is finished, down to removing the last trace or rubbish, the property will not look its best.

Of course, we are aware of this and are training our crews to see each job through to the end. As we provide a lot of work, they will listen more to us!

One last comment on when a job is finished. For us it’s passing code. This is when a City inspector passes a property as fit for tenancy. Wiring has to be safe and a whole list of requirements ticked before a tenant can move in. Of course, a property has to look aesthetically pleasing, but passing code is the crucial test.