House Flip Story: Cayer Drive – Before & After
Here it is! The big reveal. Its the fabulous before & after video of my rehab at Cayer Drive. And unlike American Idol where they stretch what could be a 20 minute show into two friggin’ hours, I’m just gonna hit you with it. Like every house I do, I truly think this house is as good as it can be.
A few years ago my, now friend; Fred Lewis of The Dominion Group took me out for a ride to see several of his rehab properties; this after looking at a house I had completed just around the corner from one of his deals. I was damn proud of my rehab and thought that Fred would fawn all over it when he saw it. He took a look, and in his normal understated sort of way proclaimed, “Yeah… its a real nice patch and paint.”
My $42,000 rehab was a nice “patch and paint!” My proud puffy chest was instantly deflated. But as I walked with Fred though house-after-house that he was rehabbing, I soon realized just how precisely right and astute he was. In a word, Fred was taking his rehabs to a whole ‘nother level. And at that moment, I decided to do the same.
As an aside, I sold my deal without ever putting it on the market -- and for full price. But what I learned that day from Fred stayed with me. He taught me to never leave the potential buyer wanting more. The last thing you want a buyer to think or say regarding your rehab is, “If they only would have….,” or “I wish this house had…”
Ever since that one very important meeting with Fred, ALL my rehabs now look like I’ve gone too far. I’m constantly accused of going overboard with my rehabs. But guess what? My stuff sells, Babies.
As testament to my philosophy -- this house at Cayer went under contract in NINE DAYS! 9-Days, people!!!
Enjoy all the before and after photos!
The Final Pictures:
Popularity: 9% [?]
Awesome job, Craig! You are going to kick 2010's ass and take names.
P.S.
Love the music. Hehe.
Thanks Steph – I'm not sure why the heck my CommentLuv plug-in is not working so for all those who like to read about KICK ASS WHOLESALING –
GO NOW to Steph's awesome blog at: http://www.flipthiswholesaler.net/
Awwwww- you didn't have to do that, Craig, but thanks for the shout out.
Hey- are you going to be at the retreat in April?
Hi Craig,
Great job with the rehab.
I love your work, and after taking a look at the Diminion Groups website I can see alot of the same design features. I love the tray ceilings and coffered ceilings… I'm gonna start incorporating alot of those into my rehabs.
Keep the updates coming!!
Great job! Nothing better than the sound of the cash register ringing. 5 and 6 figure checks baby!
Thanks, Big V! Wait until you see the 4 I have coming.
Hey Matt – thank you for commenting on my Blog. Doing the little extras, or the “sizzle with the steak” as I call it, is what makes my houses sell. And those extras really don't add significant cost to the project.
My CommentLuv plug-in is not working so let me give your Blog a manual “shout-out.” Everyone go check out Matt rehabs at; http://flippingcrazy.wordpress.com/
Wow Craig, awesome job on this rehab! Kitchens and bathrooms are gorgeous! Very very nice — thanks for sharing!
Thanks Shea! Stay tuned, I'm finishing up 4 more and should have updates soon.
Tought 'em everything they know. Seriously, they know how to raise the bar.
That Dominion Group does some nice stuff
That Dominion Group does some nice stuff
Taught 'em everything the know. Seriously, they know how to raise the bar.
Hey Craig, couldn’t help but notice the before shot of the hardwood floors.. and the carpet that went over top. Any reason for not sanding and refinishing? I’ve been sanding floors forever and was under the impression it adds value to your house. Just a carpet guy? No time? Curious I suppose.. thanks!