Tuesday, June 7, 2022

They Call Us Flippers


 

You would not believe how often we uncover a patch that completely shocks us; and I don’t know why it still shocks us. In so many cases, a floor is just one bounce from falling through, a wire is just one jiggle away from burning down the house, a wall is just one good push away from falling in or out and this list goes on forever.

Some real examples:

1.     1. In one house, the add-on laundry room was leaking and the drywall had fallen in, and the renter was behind on rent so they did not even call the landlord; instead, they tried to patch the ceiling from the inside. I kid you not. They took a bucket of tar and slathered it to the exposed decking; INSIDE THE LAUNDRY ROOM. This probably would not have even worked if they’d gotten a ladder and tried to patch it from the roof side, but the odds would have been significantly better.

2.      2.  On one house, some siding had rotted and fallen away from the house. No problem: the homeowner found some decent cardboard, cut it out bigger than the hole, attached it with duct tape, and actually painted his patch to match the house. I swear, someone should make videos of repairs like that. It is sad and funny. The sad part is that the person who makes such repairs spends a lot of time doing so and they actually think it will work.

3.      3. We bought one house and it was actually a decent house; except the homeowner was a “handyman”. He had a lot of silicone and several boxes of drywall screws in assorted sizes. This demo was the hardest one we’ve done. For decades, the homeowner had been squeezing silicone and screwing anything he added or repaired. Nothing was level or cut properly, but it was securely in place; FOREVER. Pipes were literally all coated in a half-inch layer of silicone. I’m still not clear on what he was thinking here. It may be that he was thinking the silicone would insulate the pipes, or maybe he thought the outer-layer of silicone would prevent leaks? I am not sure, but the pipes had to be rescued from the silicone before they could be removed.

I could go on. But don’t get me wrong; this is why I have a job and I love it.

During the boom we’ve been experiencing, we’ve been watching our competition. There are some flippers out there who know what they are doing. I usually go and check out their work whenever I can. Some people just go in and renew everything. Those are usually the best examples of a renovation, but they often cover up beautiful hardwoods and they’ll just throw old, wavy-glass windows in the dumpster and replace them with off-the-shelf, vinyl windows. While I agree that the house will often function even better, giving up the charm to achieve that goal is not always the best idea.

There was one house we really wanted. We made an offer but were outbid by another company. The house was absolutely gorgeous. It was old and neglected and it needed a lot of work, but we dreamed of bringing it back the way it was designed. It was filled with old-world character you just cannot find anymore. Naturally, we watched the renovation. We were hoping the flippers would have the same vision we had and that they’d bring it back to its original, stunning character. Everyone was talking about this particular house; and they still are. It’s all done now, and if you like the modern version of an old, farmhouse, you’d like this renovation. But it’s as if the old, Victorian charmer was never even there. So far, everyone I’ve talked to wishes that we’d gotten it. In my opinion, taking an antebellum-style home and making it look like the houses you’ll find in every new subdivision is kind of backwards.

Bill and I are presently renovating a village home in The Goodyear Village in Rockmart. We are basing everything we do on maintaining the character of the old village. Sure, we could make the cottage stand out by creating a farm-house there on the corner; but it would be as out of place as I was, when I wore a brown suit to a Harry Norman Christmas party.

The last house we did was one that our aunt built in 1955. So what did we do? We found pictures of homes built in 1955 and we redesigned it to fit the original style. Bill furnished it with midcentury-modern furniture. If you go there now, it’s like stepping back in time, to 1955, and walking around in a new house from that period. Where the floor needed patching, we found old wood. Everything we did, we tried to keep the original charm in mind.


Flipping is hard work sometimes. This is why you’ll find plenty of houses where the demo is either underway or complete. I can almost understand why these houses are often offered for sale at that point. This is when we look around and feel overwhelmed. To be honest, this stage can be difficult for anyone. You’ll always find something you weren’t expecting. This is the only thing we seem to have in common with the popular HGTV shows; someone is always going to say, “You may want to come in here and have a look at this.”

Only we don’t get to cut to a commercial. And this will happen almost daily. We’ve learned to deal with it. You cannot let these things get to you; putting a sign up at this point will result in a loss.

Speaking of dealing with it, Bill has learned how to estimate any job and his method is the most accurate method there is. We’ll look at a project and Bill will ask me to come in and give him my estimate on the total costs. He nods and says, “Okay, I got it.” He doubles my guestimate and that has proven to be almost exact in every case. This is where having a good ol’ boy and a business major from UGA works out great.

I wish I had known to do this when Susan and I built our own home. It ended up costing almost exactly twice what I said it would; I didn’t know to double it back then.