House Flipping Blog - Page 3 of 20 - Green Button Homes

El Cajon Remodel done!

by Tom | Oct 9, 2020 | House Design, House Flipping, San Diego Real Estate Market

Our new remodel just hit the market today in El Cajon. This is a great culdesac location in the foothills of Mount Helix. It was a complete renovation from top to bottom. We purchased this property during the height of COVID direct from the homeowner saving them the hassle, uncertainty and expense of using an agent. Really happy with how it came out, soon there will be a new family on the street instead of a run down rental property. 699 Deland Ct El Cajon, CA 92020 $639,000.

Fun Materials!

by Tom | Sep 9, 2020 | House Design, House Flipping

We are having fun picking out tile and flooring for our new El Cajon flip. This Aqua pattern tile in the hall bathroom is really nice, we designed a very unique pattern that I think is totally on trend right now.

The kitchen came out great. We went with white Shaker cabinets but did a very cool 10″ Hex backsplash tile. The space is not that large but we were able to make a 6-foot island work. I love the open concept. What a great house this will be.

Outside I decided to do the same colors as another house we did this summer. The blue/grey accent is really hot and reported to be the Home Design color of the year for 2020.

Stay tuned, we have about 2 more weeks until this property is for sale. it is a 3 bedroom, 2 bath and will be listed just over $600,000.

New Project in El Cajon

by Tom | Sep 3, 2020 | House Flipping

We just bought this property located in the City of El Cajon on a great culdesac. It is tenant occupied and hasnt been touched in years. It needs a complete remodel, roof, and plumbing. I have some great plans for it and we will probably use the blue/grey theme like the Linda Vista project earlier this year. The seller graciously gave the tenants 90 days to move however they played the COVID card. There is an Eviction Moratorium until Feb 1, 2021 so its very risky to buy an occupied property right now as an investor. Luckily I got them to leave after we closed on the sale.

Mission Heights Sold!

by Tom | Aug 8, 2020 | House Flipping, San Diego Real Estate Market

Our recent remodel near Mission Valley just sold for $750,000. The market is really hot right now even in the face of a National Pandemic. I only had projected a sales price of $650,000 when I purchased it. After multiple offers and overbidding, somehow it appraised at this sales price and is now the new high sales comparable in 92111 by far at $608.00/s.f. Enjoy the video of the remodel!

Mount Hukee Resold!

by Tom | Aug 8, 2020 | House Flipping, San Diego Real Estate Market

Our 2017 remodel on 4164 Mount Hukee in Clairemont just resold. I cant believe the home prices in San Diego now. The low interest rates and lack of inventory due to COVID-19 has really created a buyer frenzy this year. After the remodel in 2017 we sold this house for $780,000 which was high at the time. It just resold 3 years later for $950,000!

I am still pretty bullish on the market. I don’t see interest rates increasing in the next few years. Inventory has to come from somewhere but it seems nobody wants to move and millennials are finally buying now so that’s a contributing factor. There is certainly net negative migration in California, especially now with higher taxes. Consumer confidence is still good but we will see what happens after the election. Affordability will slow the run for sure, we have already started to see appraisals come in low from flips that are getting overbid. It’s a good thing that the appraisers are holding the prices back a bit for the market as a whole.

Mission Heights Is Done!

by Tom | Jul 10, 2020 | House Design, House Flipping, San Diego Real Estate Market

We finished the project and it is now on the market for sale. What a unique blend of new materials and the trendy current blue/grey color scheme. I couldn’t be happier with the way everything came together and I am sure its going to make someone very happy as their new home! The aluminum half-round gutters tied in perfectly to the mailbox and goose neck porch light. These professional realtor pics are shot in HDR, see my cel phone pics below on previous posts for the real cabinet blue color. The neighbors are also so happy:)

11th Hour Mission Heights

by Tom | Jul 5, 2020 | House Flipping, San Diego Real Estate Market

Trying to bring this house to the finish line. It has been a very smooth project. We ran 12 of the best sub-contractors in town through this house, each specializing in their respective trades. The tile jobs are coming out great, we stayed with the blue/grey theme but were careful not to overplay it. The kitchen cabinet color is incredible and looks fantastic next to the pure white quartz counter tops. I love the contrast we got from the Matte Black cabinet hardware too. Floors look great a little darker than I usually go.

Landscaping, tile jobs, exterior paint and all sorts of small details are coming together. I decided on low maintenance out front but gave the new homeowner a big area of sod on irrigation out back for kids to play.

New San Marcos Purchase

by Tom | Jun 8, 2020 | House Design, House Flipping, San Diego Real Estate Market

We just opened escrow on this San Marcos fixer upper. I originally saw this property back in October when the seller called me on a referral from another house we bought. His contractor ran off and left him with an unfinished remodel. When he found out how much it would cost to finish the job correctly and then pay a real estate agent to sell it. he opted to just sell it as-is to me. I paid cash and covered all his closing costs and the best part was this is a For Sale By Owner so there were no Realtors for him to pay.

There were permits pulled with the city and most of the inspections completed but the contractor tried to extort more money before finishing it and everything ended up in dispute. My plan is to clean up the yard, build a fence, paint it in and out and call for Final Inspection. It already has a new kitchen and bathrooms so we will just wrap up whats already been started and not try to reinvent the wheel on this one.

Big Progress Mission Heights

by Tom | Jun 7, 2020 | House Design, House Flipping

We got a great start on the project, the new driveway and retaining wall are done, brand new 30- year roof in the color Estate Grey and we redid the board and batten siding so it will look sharp when we paint the exterior.

It was really tough picking the exterior colors this time. I have been wanting to do a Navy Blue or Blue/Grey exterior since its popular now. Blue/Grey is the trend color for 2020. There was a house 1 block over that another investor painted blue, he really missed the mark and we even had neighbors telling us how much they hated it. I ended up putting 10 samples up and finally decided on a James Hardie Siding color called Evening Blue JH70-30. We got it in Behr at Home Depot, its in their computer.

The Navy Blue and Blue/Grey home design trend is really hot this year. We changed cabinet vendors to a custom supplier and they are actually made right here in San Diego and not China! I love spending money locally given the chance, additionally we got to pick the cabinet colors. I went with Benjamin Moore’s Mozart Blue BM 1665 for the lower cabinets in this kitchen to continue with the blue/grey theme.

Mission Heights Renovation

by Tom | Jun 1, 2020 | House Flipping, San Diego Real Estate Market

We purchased this house right in the peak of the COVID-19 scare. The seller was moving out of town and the house needed extensive repairs. We are doing everything new top to bottom including a new driveway so it will come out incredible. There was a bad retaining wall that had a 30,000 estimate to repair as well. The homeowner decided to sell as-is instead of making all these repairs.

This property is in Mission Heights, the neighborhood right up on the hill above Fashion Valley Mall.

The first thing we did was demo the whole house and remove the bad roof, driveway, and retaining wall. I always start with the roof and fixing all the damaged facia board. This is going to be a great house as soon as we clear the backyard and grade it flat.

We are going to do a very complete remodel on this fixer upper. There was a foundation repair about 20 years ago, I am not happy with the concrete floors so we will level them a little better as well. Stay tuned we have this scheduled for a 5 week complete transformation.