42 Wexford St – Finished and Staged, plus changes coming to the Blog….

So it’s been just about a year since I set this blog up (April 6th was my first post) and I could never have imagined just how many deals we’d be doing, and how much this blog would grow. To be honest, I had no clue what I was doing when I set this up…. I just used your basic WordPress hosted site and started writing and posting pictures of our various deals. Well, here it is one year later, we’ve built a Flipping Machine, and now I’m looking to build a little nicer website, but there are some serious limitations to using a basic WordPress hosted site…. so the plan is to move the blog over to private hosting and set up a more customized site that offers a richer experience. Right now it’s all a work in progress, but I will let you know when it is complete. (I know your waiting on the edge of your seat!!!!)

OK, back to why you came here; Flipping Houses.

The spring market is here and there are alot of buyers out trying to beat the deadline for the tax credit. So far we’ve put 143 Lloyd Ave and 70 Glenwood St on the market, both are now under agreement with home inspections scheduled for this weekend.

Next up to hit the market is 42 Wexford St. I posted some pics of this house a few weeks back as we were winding down. Now I have all the final pictures of the home finished and staged. Have a look;

Exterior

42 Wexford St Springfield MA

House For Sale Wexford St Springfield

New Driveway and 2 Car Garage

On the exterior we added a new roof, installed new windows, painted all the trim, added new shutters, repointed the chimney, added a new driveway, and installed two new garage doors with automatic overhead openers. We also pulled out 7 overgrown shrubs that were blocking the front of the house. The roof on this house was very expensive and kind of caught us by surprise. It has a very steep pitch and because of all the various dormers there were a lot of cuts that needed to be made. Also the roof had two layers of shingles over the original cedar shakes, so all that had to be ripped off and we had to lay new plywood.  

 

Interior

Living Room looking at Staircase

Living Room Fireplace and Mantle

Den located off Living Room

Dining Room

Archway between Dining Room and Kitchen

Kitchen Pic 1

Kitchen Pic 2

Kitchen Pic 3

Archway Looking from Kitchen into Dining Room

Full Bath Pic 1

Full Bath Pic 2

Master Bedroom

Master Bedroom Pic 2

On the interior we did a full gut of the kitchen, added the archway and breakfast bar between the kitchen and dining room, opened the wall between the kitchen and living room, redid both bathrooms, added tile to the kitchen and bathroom floors, refinished all the hardwoods, did some new sheetrock, painted everything, did some new electric including a new 200 amp panel, added all new plumbing, and installed a new boiler.

 

So thats it for Wexford… another successful project. It’s live on the MLS now and with the nice weather we are suppose to have this weekend hopefully we’ll have some traffic and a couple offers to follow!!!

To all my religious folks out there, have a good Good Friday…. and to the rest of you, have a good Friday 🙂

Time for some Deal Updates- 42 Wexford St

OK, so I’ve been kind of slow with the property updates lately. We’ve got a ton of houses finishing up and quite a few more in the pipeline to purchase, with all this activity my blogging efforts have suffered. As a matter of fact I’ve got houses that we’ve purchased and are now renovating that I haven’t even mentioned yet…. plus, I don’t know how many videos just sitting in my Flip Camera, waiting to be edited into some kick ass Youtube videos.  I think maybe it’s time to hire some VA’s from India to run the Blog 🙂   

First up on the docket is 42 Wexford St. This beauty is done and we are staging it right now. The renovation of this property included a new roof, new gutters, two new decks, two new garage doors with openers, new driveway, brand new kitchen, renovating the full bath and adding a half bath, new electrical service and some new wiring, new plumbing, new boiler, new stainless steel appliances, new flooring throughout and fresh paint….. is that all????

This puppy shines and whoever buys it is going to be very lucky. Heres a look:

42 Wexford St, Springfield MA

Living Room

Fireplace

Open Staircase

Kitchen

Kitchen

Kitchen Looking in from Dining Room

Dining Room

Full Bath

Master Bedroom

Finished Attic Space

 

I’ve said it before and I’ll say it again…. I love the look of the Tudor style house!!! I think it’s those pointy roofs over the front entrance.

We’ll probably do some landscaping to the front of the property, clean it, stage it, then sell it.    

On to the next one……

Deal Updates and Top Blogs

Wow, our little blog is getting some good recognition. Scott Costello over at the StrugglingInvestor.com put a list together of the Top Blogs: 8 Investors who are Crushing It and Sharing, and we made the cut.  Many of you are probably familiar with the other sites Scott features, all of which I like to visit regularly. Thanks Scott…. keep on coming by and checking out our work.  

On the deal front we finally sold 37 Mansfield St. This was suppose to close before Christmas but we hit a few delays and got it all closed up yesterday. Mansfield St was our biggest project yet. Doing a full gut rehab on a 3,700 square foot three family isn’t for the faint of heart…. but we got it done and sold. From purchase date to sale took about 7 months, which is a month over what we typically shoot for but with the size of the project that time frame is very good. After completing a job of that size I think we feel pretty confident that we can tackle most any project!!!  

42 Wexford Update

Well we’ve got about 6-7 houses that are all winding down and nearing completion…. which is pretty cool but also kinda sucks because I’m gonna have to stage all those. I’ve got about enough staging paraphernalia for maybe 3 houses… so this means we are going to have to do some shopping. 42 Wexford St is one of those houses that is getting close to being complete. All the new sheetrock is up, everythings been painted and the hardwoods are being refinished. Heres a look at the house so far:  

42 Wexford St

Living Room looking at Staricase

Dining Room looking into Kitchen with new Archway

Kitchen looking into Dining Room with new Archway

Kitchen

Full Bath

Master Bedroom

Finished Attic

One more look at the Archway

Sometimes when a house gets to this point you are wondering if it’s gonna look good when completed….  everything is still dirty and alot of stuff is half finished and maybe you start second guessing some of your choices…. but that is not the case with this house, I can tell right now that it is gonna come out amazing and I can’t wait to see it when it’s done.

Deal Updates and 42 Wexford St walkthrough

Well we are looking at another very busy week. We should be closing on the purchase of two more rehabs and putting two finished properties on the market. One of the finished homes is our fire damaged two family at 37 Mansfield St, we actually received an offer on this property Friday…. before we officially even put it on the market…. however the price was a little lower than what we are looking for so we may either negotiate it up, or test the open market and see what we can get.

Also an update on 239 Plumtree Rd; we accepted an offer on this home last week. All inspections have been done and we should be good to close in another 2-3 weeks.

Video Update:

Heres a walkthrough we did of the property at 42 Wexford St in Springfield. This video was shot a few days after we closed on the house……

We’ve got so many projects going it’s hard to keep current video/picture updates on all of them…. but I’ll do my best to keep them coming!!

Bessemer is sold… and a few firsts for Hampden Homebuyers

Monday was a day of firsts for our business…. We closed on our first ever deal bought from a wholesaler, the English Tudor on Wexford St I wrote about in my last post. We put this house under contract last week on Tuesday and closed yesterday (the following Monday).  Also it looks like we are going to be purchasing our first ever property off the MLS…. a bank REO that we have been offering on for the last three weeks, and finally got our offer accepted on Monday. While we have bought alot of properties over the last couple years, they have all been through dealing directly with the sellers. We’ve made quite a few offers on REO’s, and been pretty close on getting a couple accepted, but this one looks to be our first.  I’ll post some pictures and a writeup about the home over the next few days.

On another note, we had our second closing of the week today…. we sold the house on Bessemer St. This deal took about 5 months from our purchase to the sale to our new buyer. It is definitely our best project to date. The renovations went very smooth and stayed within budget. The house turned out incredible and we had multiple offers the first day on the market. We ended up selling it for above our asking price and most important of all, the profit on this deal was very good!!

Things are really cranking along right now…. over the next two weeks we will be selling three of our properties (Hartford Ter, Brooks St, and the Ware House) and we will be buying two more rehabs.

Stay tuned for more updates and videos!!!

New Deal Under Contract

We put a new house under contract on Tuesday morning with a closing scheduled for the following Monday. Thats four days to get the cash together, pull title and close it…. Dominics’ going to be busy!!  This is a probate deal that we are purchasing from another wholesaler. It’s not a homerun but I fell in love with the house and the street pretty quickly. Its a large English Tudor style home and I’ve been wanting to rehab one of these for years, as it’s probably my favorite style of home. The house also has a great floorplan… reminds me alot of Hartford Terrace.

Heres a few photos:

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This house is big….. it’s 2000 sq. ft. with four bedrooms, 1.5 baths, and a bonus room in the attic.

 It’s gonna look awesome when we’re done with it!!!!