EPISODE · Oct 2, 2018 · 29 MIN
Ep. 46 Live From Shannon St. Pierre's Rehab
from St. Louis Realtor Podcast · host stlouisrealtorpodcast
In this episode, Realtor Adam Kruse and Realtor Shannon St. Pierre record live from inside of Shannon’s brand new rehab property. In the first in a series, Shannon shares exactly how much everything has cost so far and how difficult the beginning stages of getting bids for all the work has been. Who knew it can cost $15,000 to cut down a tree! Email Questions To: [email protected] Host - Adam Kruse https://hermannlondon.com/realtor/adam-kruse/ Shannon St. Pierre https://hermannlondon.com/realtor/shannon-st-pierre/ ITUNES-http://goo.gl/rs1q9X Blog-https://hermannlondon.com/podcasts/ Website http://hermannlondon.com/ Producer - Joey Vosevich Theme Song by Trastornobeats 0:29 Adam and Shannon are recording live from Shannon’s rehab/investment property in Tower Grove 0:54 How did Shannon find her investment property? 0:59 What was the buying process like for Shannon’s investment property? 1:35 How much did Shannon pay for her investment property in Tower Grove? 2:04 What work has Shannon done on her investment property so far? How much yard work did Shannon have to do on her investment property? 3:00 Is this Shannon’s first rehab? 3:40 Is it easier to buy a shell of a house or knock down a bunch of walls? 4:06 Will Shannon be selling her rehab property? 5:00 Talking about specific numbers and costs of a rehab will help others learn how to rehab 5:23 What is a HELOC (home equity line of credit)? What can you do with $100,000? 8:22 How did Shannon find out how much her rehab was going to cost? 8:44 Is plumbing the most expensive part of a rehab? Is it possible to get 2 HELOCs on the same house? 10:30 How far off can an appraisal be? 11:45 Is insurance expensive for a rehab? 12:20 How expensive is it to have a tree service take down a tree? 14:02 What are the holding costs each month? 14:41 What is Shannon’s timeline to have the rehab finished? 15:08 How often will Shannon be at the rehab property during construction? 16:55 How big is a shotgun house normally? 17:18 How much is Shannon is hoping to sell the rehab for? What is required to call a room a bedroom? 18:55 How much are the electrical bids that Shannon is getting? 20:14 Can contractors be paid less if they are not done by the agreed upon date? 21:40 Hiring a mix of super qualified contractors and regular handymen 22:30 What is a hold harmless agreement? 23:45 What problems has Shannon already had? 26:04 What does Shannon expect to be done in a month? 27:00 Does Ikea offer design services to help plan out a kitchen?
What this episode covers
In this episode, Realtor Adam Kruse and Realtor Shannon St. Pierre record live from inside of Shannon’s brand new rehab property. In the first in a series, Shannon shares exactly how much everything has cost so far and how difficult the beginning stages of getting bids for all the work has been. Who knew it can cost $15,000 to cut down a tree! Email Questions To: [email protected] Host - Adam Kruse https://hermannlondon.com/realtor/adam-kruse/ Shannon St. Pierre https://hermannlondon.com/realtor/shannon-st-pierre/ ITUNES-http://goo.gl/rs1q9X Blog-https://hermannlondon.com/podcasts/ Website http://hermannlondon.com/ Producer - Joey Vosevich Theme Song by Trastornobeats 0:29 Adam and Shannon are recording live from Shannon’s rehab/investment property in Tower Grove 0:54 How did Shannon find her investment property? 0:59 What was the buying process like for Shannon’s investment property? 1:35 How much did Shannon pay for her investment property in Tower Grove? 2:04 What work has Shannon done on her investment property so far? How much yard work did Shannon have to do on her investment property? 3:00 Is this Shannon’s first rehab? 3:40 Is it easier to buy a shell of a house or knock down a bunch of walls? 4:06 Will Shannon be selling her rehab property? 5:00 Talking about specific numbers and costs of a rehab will help others learn how to rehab 5:23 What is a HELOC (home equity line of credit)? What can you do with $100,000? 8:22 How did Shannon find out how much her rehab was going to cost? 8:44 Is plumbing the most expensive part of a rehab? Is it possible to get 2 HELOCs on the same house? 10:30 How far off can an appraisal be? 11:45 Is insurance expensive for a rehab? 12:20 How expensive is it to have a tree service take down a tree? 14:02 What are the holding costs each month? 14:41 What is Shannon’s timeline to have the rehab finished? 15:08 How often will Shannon be at the rehab property during construction? 16:55 How big is a shotgun house normally? 17:18 How much is Shannon is hoping to sell the rehab for? What is required to call a room a bedroom? 18:55 How much are the electrical bids that Shannon is getting? 20:14 Can contractors be paid less if they are not done by the agreed upon date? 21:40 Hiring a mix of super qualified contractors and regular handymen 22:30 What is a hold harmless agreement? 23:45 What problems has Shannon already had? 26:04 What does Shannon expect to be done in a month? 27:00 Does Ikea offer design services to help plan out a kitchen?
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Ep. 46 Live From Shannon St. Pierre's Rehab
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