2955 E. Point

Updated Progress

Date: 03/05/25

The permitting is almost finalized—everything is moving forward smoothly! Just about 30 days left to complete the project. Once it’s done, the plan is to sell, and that’s when the real excitement begins. Expect some great photos to come through soon, showcasing the transformation.

Date: 02/07/25

The property is currently awaiting inspection before proceeding with closing the walls, which is expected to take place this week. This marks a key milestone in the rehab process. There have been no issues or delays, and everything remains on budget. The next significant step is listing the property on the market. Photos will be shared with the PML once the inspection is completed.

Date: 01/10/25

The property rehabilitation is progressing well, with the electrical work completed and ongoing efforts focused on plumbing. Key milestones align with these tasks. No issues or delays have been encountered so far. The next significant steps in the rehabilitation process include drywall installation, painting, and siding replacement. Budget adherence remains on track, and photos of the property are available for sharing with the PML.

Date: 12/10/24

All necessary permits have been approved, and work is scheduled to begin next week. This marks a key milestone in the project, with no delays or issues reported. The next significant action in the rehabilitation process is the installation of sidings. Budget adherence remains strong, with expenses currently tracking as planned. Photos documenting progress will be available once work commences next week. The project is on schedule and proceeding efficiently.

Supporting Documents

Wire Instructions

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Signed Operating Agreement

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Renovation ARV

Operating Agreement

2955 E. Point

Updated Progress

Supporting Documents

Wire Instructions

Signed Operating Agreement

Signed Operating Agreement

Renovation ARV

Operating Agreement

Deal Analysis

Statement of Work

Approved Loan Term

Signed JV and HH Agreement