2726 Ida Ave

Updated Progress

Date: 01/02/25

The property rehabilitation is progressing efficiently, with significant strides made toward completion. The primary task remaining is the finalization of the bathroom, which is pending permit approval. No significant challenges or delays have arisen beyond the routine processing time for permits. The budget remains on track, reflecting effective financial management throughout the project. Upon permit issuance, the bathroom will be promptly completed, marking a crucial milestone in the rehabilitation process. Photos of the property are available and ready for sharing with the PML to provide a clear view of the progress achieved.

Date: 12/2/24

Significant progress has been made on the property, with the main bathroom fully installed, and orders placed for the kitchen components, exterior and interior materials, and appliances. Additionally, permits are pending for the construction of a new master bathroom. The main bathroom has been completed as a key milestone, with no issues or delays encountered so far. The next major step will be completing the kitchen. Budget management remains on track, and photos of the progress will be emailed shortly for sharing with the Private Money Lender.

Date: 11/19/24

The property rehab is progressing well with several key updates. The floors have been installed, countertops have been ordered, the kitchen is on its way, and the windows have been ordered. Both the interior and exterior have been painted, and the bathroom is scheduled for completion next week. There are no reported issues or delays, and the next significant step is finalizing the bathroom. The project is on budget so far, and photos will be sent for sharing with the PML.

Date: 11/4/24

They have made significant progress on the property rehabilitation so far. The demolition has been completed, with everything cleaned out and debris removed. They have hung all-new drywall to ensure a smooth, flat surface, and both the interior and exterior have been painted. The floors have been installed, and carpets are currently being added. A key milestone achieved is the completion of drywall hanging. There have been no issues or delays with the rehab; everything is on track. Our next significant action will be to create additional bathrooms. In terms of budget management, they are doing well so far. Additionally, he has already mentioned that new photos have been sent for sharing with the PML.