When my brothers and I formed our real estate team, K Brothers’ Home Solutions, we were determined to make a living for ourselves and our families in a way that would also benefit our communities. We are always on the lookout for houses and commercial buildings that can be renovated and returned to their best form and use. In this way, we can revitalize our communities while still maintaining the original charm and beauty that drew us here in the first place.
There are several projects we talk about over and over again, but at a recent realtor event hosted by Onyx Homes, LLC in Cook County, IL, we talked with several other realtors about a particular renovation experience that really made an impact on us early on.
The Importance of Networking
Not long after we formed our company, we attended a real estate convention in Cook County Illinois with the express purpose of learning more about the real estate industry in our area and networking with other local realtors and contractors. This is where we met Kim, from Onyx Homes, LLC. She encouraged us and even introduced us to some of the experts in her network. Building a network of reliable and trustworthy experts is vital to a realtor. A realtor can lose a lot of money and a project can fall flat if you hire the wrong people.
The Project We Will Always Remember
One of those experts Kim introduced us to at that convention years before, a general contractor, happened to be in between projects and was available when we had the very special opportunity to purchase and renovate the home our mother lived in as a child. Even though her parents rented the house rather than being able to own it outright, it held a lot of memories for our mother, so it was more than just a house, more than just an investment, to us.
Our mother had shown the house to us years ago and shared some of her childhood memories, so when we saw a “For Sale By Owner” sign in the yard, we knew we had to check it out.
The Inspection and Purchase
When we contacted the owner of the home, we scheduled a walk-through so we could see what all would be involved in a renovation of the house and property. We were concerned that there would be foundation issues and were relieved when that proved not to be the case. However, it was obvious that the entire roof would need to be replaced and, upon closer inspection, we saw that the crawl space would need a lot of attention as it was holding water in some spots and could eventually lead to the foundation issues we had originally feared. There were other obvious and necessary repairs, but we felt confident we could successfully renovate the home and make it a safe and beautiful home for another family.
After our thorough inspection, we calculated the current market value of the house in its current conditions, the expense of the necessary repairs, and the income potential of the home once those repairs were completed. We then made an offer to the owner, which was accepted.
During the renovation process, we discovered a number of other necessary repairs including the replacement of the entire duct system in the crawl space. We also ended up tearing out the walls between the two smallest bedrooms to create a larger bedroom with a walk-in closet. We closed in the screened porch and created a family room and an additional bathroom.
All in all, this turned out to be a much bigger, and more expensive, project than we anticipated, but we were pleased with the outcome. We also learned a lot from the project and have applied that knowledge to other projects over the years. It also reconfirmed to us the importance of a knowledgeable, reliable network of experts that can be trusted to get the job done right. And it all started at that first convention when we met Kim, with Onyx Homes, LLC.
Onyx Homes, LLC & the Cash For Homes Process
So who is Onyx Homes, LLC? Onyx Homes, LLC is a no-nonsense house buying company that offers cash for houses. If you need to sell your house fast for cash, we are local home buyers who are serious about buying your house. No repairs, no agents, no fees, no commissions.
Our process does not involve getting pre-qualified by a bank in order to obtain a mortgage loan to purchase your property or wasting your time listing the property on the MLS, Zillow, Realtor.com, or any other listing platforms. The reason we are able to move so quickly on the purchase of your house is because we use our own CASH MONEY to buy the property, which means the sale is more secure and we can close faster.
Once we provide a FAIR CASH OFFER for your home, the ball is in your court. You then possess the decision power to move forward with your life by accepting our FAIR CASH OFFER or taking your chances with the traditional home selling process.
Sell your house fast with Onyx Homes, LLC regardless of the condition. No realtors, no hidden fees, no commissions & no repairs. Fill out the short form on our website to find out how much we can offer for your home today!