November 12, 2009 at 5:45 pm
We ran into a few snags along the way, my contractor bailed on me with two weeks to go, and there was a nice little delay in getting the concrete countertops in, but my rehab project at 3969 Humphrey is finally complete. Read more
October 1, 2009 at 6:10 pm
It’s been a little over two months since I last posted about my ongoing rehab project, but I am happy to say that it will be done in less than two weeks. Trim work is about halfway complete so it will mostly be odds and ends from here on out. Read more
August 31, 2009 at 6:16 pm
It’s been nearly a year since I moved my company, Threshold Investment Properties, into my current building at 2654 Gravois and I haven’t stopped working on it for one minute. The building has quite a ways to go before its done, but the office itself is nearing completion. The best example of this transformation is the nearly complete storefront. Read more
August 31, 2009 at 1:10 pm
Last night at 2am I got a surprising wake-up call: the alarm was going off at my rehab project in Tower Grove South. The police were already there and requesting a key-holder to come over. Upon arriving on the scene I witnessed the sobering site of a backdoor kicked in. Read more
July 22, 2009 at 7:47 pm
Although my rehab project last summer was nearly the death of me (at least in terms of my social life), I am now underway on my next project. Thankfully, this time all the work is being subbed out. Read more
April 20, 2009 at 4:07 pm
As great as being on NPR was, I was a little bit let down that the story aired only in St. Louis, and not nationally as I was told. It seems that I have nothing to worry about anymore. The story ended up airing on the national program “Marketplace” last week. Here’s the story.
March 17, 2009 at 6:32 pm
One of the best things about blogging St. Louis development and real estate deals is that I am increasingly finding myself being contacted by a lot of interesting people. I’ve actually been contacted by quite a few local and even national news providers in the past few months Read more
December 5, 2008 at 2:37 pm
We closed on the rehab at 4218 Connecticut a couple weeks ago and all the bills are finally paid so the profits can be dispersed. It took way to long to finish everything, but in the end, there was a respectable amount of profit to show for it. Not only did we make money, but the differences in the building before and after construction are amazing.
October 20, 2008 at 9:40 pm
As with Benton Park, there are a lot of smaller sized projects going on in Forest Park Southeast (aka the Grove). While most of these projects are being worked on by Amy and Amrit Gill’s Restoration St. Louis, but there are other developers in play. I have spotlighted some of these projects in the past (see Update on activity in FPSE and 3 developments in FPSE), but some are new Read more
October 14, 2008 at 2:41 pm
I am happy to say that my rehab project, which was my life for 5 months worth of weekends and evenings, is now under contract. I should mention that this is after only 5 days on the market. And this offer came in on Sunday so it was really about 3 days. I also had a verbal offer (too low) and another buyer who was going to write one today. I couldn’t be happier with the response. Read more
October 7, 2008 at 3:18 pm
It’s over. It’s done. It might have been frustrating at times, but I couldn’t be happier with the final product. Now its time to move on to the next phase: selling this puppy. I think it should go over pretty well. I’m still getting all my marketing materials together, but it should be on the market by tomorrow. We’ll see how the current turbulence in the financial markets affects our ability to sell. Read more
September 22, 2008 at 9:40 am
You might have noticed that I haven’t been posting about my rehab project much lately. Well its been a long (way longer than I hoped) road, but the completion of the project is looming. Less than a week away in fact. And boy will I be happy to be finished. Read more
August 14, 2008 at 3:54 pm
Following a couple of delays, and still with a few strings attached, the purchase of my new home and office was finally closed today. I was reluctant to post much about it until I closed, but now its open season. This image is a picture of the front facade of the building. Many of the others I have taken have personal items of current and former tenants, but those included should give you an idea of the makeup of the building. Read more
August 7, 2008 at 1:44 pm
We’re now entering the home stretch of the project. And it couldn’t come any sooner. We’re looking good on our overall budget and profit margins, but things have taken longer than we hoped. We won’t be done in a week’s time, but the only thing left will be minor finishing projects. At least I finished floating out the original plaster walls. Read more
July 23, 2008 at 10:09 am
We have finally gone to the next phase of the process on the Connecticut rehab. The tile has been laid, the hardwoods have been refinished, the drywall is completely done, the front porch is coming around, both the front and rear doors have been replaced and all the utilities are done. Its finally starting to feel like a house. Read more
June 12, 2008 at 4:05 pm
It’s been over a month since I last posted about my rehab project. Not because things haven’t been progressing, but because I haven’t had time to post. Between work and this project, I’ve had my hands full. Despite the fact that I have done most of this work before, I’ve already learned a lot of lessons along the way. Unfortuneatly, I have been a little lax in sharing them. Looks like I have about five weeks of work to go over. Read more
May 5, 2008 at 5:18 pm
Another week goes by and it’s been more of the same: ripping stuff out. Both inside and outside, nothing but demo and breaking stuff. Thankfully, by this upcoming weekend we should finally be to the point where we have actually started to add to the building rather than just tear it apart. Demo is fun for about 10 minutes, then you realize that its bad on the back and a disaster for your lungs. It will be nice to be past that stage. Its been going well so far and I still think we are still on track for a late June completion. Read more
April 26, 2008 at 6:26 pm
I’ve been a little irregular on posting this week because we finally closed on our rehab project on Connecticut Wednesday. It’s been nothing but work since and I wouldn’t have it any other way. This is a part-time project for me and I don’t plan on keeping up this feverish pace for the entire project, but there are so many things to do. As with any project, my inital goals have been security and demo work. Although I’m not 100% satisfied with either, I’m getting close. Read more
April 19, 2008 at 7:03 pm
Only four more days until we close on the single-family on Connecticut. I have arranged for the utilities to be switched over or turned on; the roof work, window replacement and hardwood refinishing have been setup; and I find myself growing impatient. I always look forward to closing deals (who doesn’t look forward to a paycheck), but this time things are different. My work is usually done when the deal is closed. In this case, at close, my work will only just be starting. Read more
April 11, 2008 at 4:37 pm
Things are progressing nicely with my upcoming project. A few roof issues came up early in the week, but the seller took care of things to our satisfaction. The title work is complete, we have loan commitment and our line of credit for construction funds is in place. Other than meeting a few contractors at the property, its pretty much a “sit back and wait” kind of deal until the 23rd. Read more
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