Tuesday, October 6, 2015

Adding a parking lot at #34

There is metered parking in front of the building which is becomes a negative if you have to worry about tickets at your primary residence. So, I decided to add a parking lot in the rear of this building allowing for designated, off-street parking for my tenants. It actually looks like it belongs there and when all of the landscaping is completed, I think it will look fantastic.  There will still be outdoor space for the tenants to sit and I will have less mowing. Here are some shots of the process.


burning took off a bit quickly



Lot after

Sunday, October 4, 2015

Project 2015 - update


It's been a while since I've posted anything because it's been a very busy summer. In addition to fixing up properties, I'm also a licensed real estate agent, so I have been selling houses, finding good tenants for my properties and for other landlords.  Tenants generally move in the summer, so this is the time to have your property ready and work hard to get good tenants.

Installing sewer line
With Gerty's place, I've accomplished my goal of having the entire right half of the property completed and rented within a year of purchase.  It sounds like a long time, but this was a large undertaking including 2 units and a new office for me.  And I am a one man operation.  I hire skilled tradesmen for specific areas like HVAC and electrical, but most of it is on me.  Besides, many of the improvements were to the overall infrastructure of the building, so finishing the next 2 units will be much easier and faster!

 
After sewer and gas line install & prior to
 sidewalk and street excavation.

The timing of this project seemed to put me in the eye of a perfect storm as well.  The town decided to tear up the streets and install new gas lines and they required the property owners to replace sidewalks and curbs at the owners' expense.  Although this was a hit to my wallet and not in the original budget, it allowed me to run gas service to the right side of the building where it did not exist before.  I also put in a new sewer line which I had to do anyway, so the timing was actually good in the end.  I was also able to address some drainage issues with the sidewalks and in the end, the'll look nice and new - not all patched up.  With all the work being done on this street, at times, there were 8 different construction crews there. It was a real mess.

The outside still needs paint and some fixtures, but the inside is new and, in my opinion, very nice. I will post shots of the inside in the near future.



forming up the curbs
ready for sidewalks

8 Crews working on the street