We’re about to complete our final punch list items! Electrical fixtures, carpet, fence, gutters, downspouts and shower enclosures are now installed. Garage and parking areas are poured and SDG&E will install gas and electric meters this week. Finally, the three units are furnished with a rustic /contemporary look. Dive into our pictures to see what we are so excited about.
The new General Contractor team is doing an outstanding job on site. All of the framing and roofing issues needed to pass inspection are nearly complete. Roofing has been sheeted and roof materials have been ordered. Moreover, the interior design team is working on finalizing the interior design package. Windows and exterior doors are going to be installed soon. Finally, enjoy the following pictures showing progress on the Monterey Investment Property. We include a sneak preview of the final rendering of this house:
Framing is coming to a close & New team members! Now that framing is coming to a close, we have switched general contractors to a local builder with over 20 years of experience in Monterey. The new general contractor identified some framing errors from the previous builder and is in the process of correcting them before calling for a framing inspection. Approval of the roof design took longer than expected due to the strict HOA guidelines. Construction has begun on the retaining wall on the southeast side of the property, where the driveway will be. Although we have lost some time on this project due to last winter’s heavy rains and the more recent framing corrections and HOA issues, we expect to make up some of this time in the months ahead. The local real estate market continues to show strong buyer demand and pricing remains firm. Approval of the […]
We are getting close to the finish line! This amazing project in La Jolla is starting to become more and more real. Large slabs of materials are installed in the bathroom walls and flooring is nearly completed. Countertops and cabinets will be installed soon. Outside improvements have been started and they are looking fabulous! Take a look at this month’s pictures and get inspired.
Countertops are complete, bathroom accessories and interior handrails are installed and all hardwood floor areas are done. The existing retaining wall was waterproofed. The landscape drainage and new retaining wall between existing house and Unit 1 are now finished. Concrete forms on the garages and common areas are ready to be poured. We purchased furniture for this house and expect delivery later this month. Certificates of occupancy should be issued shortly thereafter. Our sales strategy is to furnish and rent the property. Thereafter, we will sell it as a cash-flowing investment property, the highest and best use of the property. This strategy is in place to command the maximum sales price.
This month’s Costebelle investment update brings the mechanical trades to substantial completeness! This is a huge step closer to closing up the walls with drywall and moving into the finish stage. Progress Continues on Costebelle Way Mechanical trades are 95% complete for the project. Plumbing HVAC and Electrical are all complete in the main house. Additionally, the accessory structures are also close to the last steps. Windows and doors were all delivered and installation is beginning on windows, as well as the large door frames. Moreover, we loaded the drywall into the house with a crane (video below). We are staging it for installation as soon as we obtain approval after the combo framing inspection. Our team is truly excited for the transition of this project into the finishing stage. We also ordered the elegant custom furniture package. At this point, it is all hands on deck as we race toward […]
The Goshen Investment Update for June includes the achievement of an exciting milestone for this project. In the last few weeks, we received approval from the city on the combination inspection! Conquering this milestone means we have the city’s approval to continue onto the next phase of construction on the property. This inspection and its approval means that all framing, mechanical trades, windows, and doors were properly built and in accordance with approved. Having this approval allows us to close up the building’s walls as you can see in these pictures. We are now ready to begin installing exterior and interior finishing materials. Next step is drywall installation. Take a look at how beautiful this property looks now that we closed up the building’s walls. Goshen Investment Update: June 2017 from DiversyFund Moreover, remember that we have more and new investment properties available for investing. Visit our top deals page to continue […]
This month’s Balboa investment update brings the second floor all framed out including the lower roofs. With that, the framers are currently setting the upper roof beams and getting ready to complete the structure. Additionally, delivery of the doors and window will be before the end of June. The mechanical trades are prepared to start on the house as soon as the framers wrap up their work. Progress Continues at Balboa Final selections and pricing are being made for the interior finishes. These will include a Thermador appliance package, high-end plumbing package, and a craftsman style wood trim package. Also, selections and accommodations are being made for the exterior finishes. There will be 5 different materials coming together to enhance the beauty of this 4000 square foot, modern, beach cottage on Coronado Island. Balboa Investment Update: June 2017 from DiversyFund
This month’s Monterey investment update is all about the details. This month we were able to reach some significant milestones for this project. We bring you the latest details on the installation of the final ridge beams, roof joints and completion of the massive roof structure. Progress Continues at Monterey. We are setting the final structural beams and have begun framing the massive roof structure. Windows and doors are now onsite and are ready for installation as soon as the roof sheathing nailed down. Finish packages are in final negotiations with various high-end contractors in the local area. Simultaneously, with the door and window installations, rough trades will continue and run all piping and wiring throughout the structure to accommodate its vast living spaces. Take a look at the pictures for this month’s investment update and take a close look at all the details that are in place for this amazing house. […]