Will That Really Work? Add Complete Energy Retrofit Packages To Foreclosed Homes... Without Rebates, Subsidies or Stimulus Programs... Just Free Enterprise in America??? If you build them will they really sell???
A Progress Report After 10 Houses
Cover of Book In Process
G r e e n E a r t h E q u i t i e s . C o m
Š 2010
Saving The Planet One House At A Time
Problem & Hypothesis 1. Selling Complete Energy Renovation Packages In America Has Been Difficult (1980 - 2010 data & experience) Concept #1
2. Maybe Buyers Will Buy Complete Energy Packages If Combined With Classy Remodeling This has been an 18 month experiment. 10 homes are completed. Full results are at GreenEarthEquities.com G r e e n E a r t h E q u i t i e s . C o m
Š 2010
Saving The Planet One House At A Time
Many Buyers Wont Buy What’s Good For Them & The Planet Just as this dog wont eat a lifesaving pill that will be good for him, (without some hamburger) The typical homebuyer wont spend all that it costs to do complete Energy Saving Renovation. ..... Unless it is included with a Classy & Complete Remodel
Concept #2
Hence the Wow! Done! & Energy Packages Is this “Bait & Switch” or good marketing? You decide.
Granite = Hamburger
G r e e n E a r t h E q u i t i e s . C o m
© 2010
Saving The Planet One House At A Time
The Wow! Package 1. Granite Counters at Kitchen & Baths 2. Extra Deep Stainless Steel Sink 3. Designer Spray Faucet 4. Italian glass tile backsplash , s i 5. Under Counter Lighting h T e d 6. All wood Cabinetry u l c n I 7. Crown Molding and Tall Baseboard 8. All new interior doors and trim 9. New Front Door with Art Glass 10. Tile & Travertine floors 11. Engineered Wood Laminate Floors 12. Designer tile and faucets at baths 13. Chair Rail, , Wainscoating & 3 tone paint 14. Designer Light fixtures & ceiling fans G r e e n E a r t h E q u i t i e s . C o m
Saving The Planet One House At A Time
The Done! Package 1. New Front and Back Lawn 2. Automatic Sprinklers with timer 3. New 30 - 50 year roof 4. New Roll-up Garage Door with Openers 5. Gutters 6. New 2 inch faux wood blinds , s i h T 7. Major Professional Tree Trimming d n A 8. Sewer line renovated as necessary 9. All new oil rubbed bronze hardware 10. New Energy Star Appliances with Warrantees 11. New Windows and HVAC with Warrantees 12. Upgraded Carpet with 6 lb pad 13. Deciduous Trees placed for Energy Efficiency G r e e n E a r t h E q u i t i e s . C o m
All Three Required
Saving The Planet One House At A Time
The Energy! Package 1. New HVAC system, Stainless Steel Heat Exchanger 2. Manual J sizing, usually half of previous capacity 3. New R-8 short mylar ducts partially buried 4. Manual D with tight seal and test n 5. Extra Return Duct in Master Suite a c e s 6. New LoE2 windows and Patio Doors w i h So all t 7. Low E 140 at west windows e l l e S rytim 8. Deciduous Trees planted selectively e v 9. Shell Sealing of floor & ceiling with test E 10. Attic Insulation to R-50 11. Occupancy sensors 12. Gas Stove and Dryer options 13. Ceiling Fans at all sleeping and living rooms Saving 14. Panasonic Ventilation with controls The Planet G r e e n E a r t h E q u i t i e s . C o m
One House At A Time
Concept #3
Choose An Area & Own It
GreenEarthEquities.Com
Projects Done & In the Pipeline
7 5
Tarpey North Cluster
2
1
GreenEarthEquities.Com
Address
Details
#1 5741 E Bernadine
1574 sf 3-2 LR & Fam 1959 Corner Lot, RV access, Wow! Done! And Energy Packages
#2 3328 N Purdue
1164 sf 4-2 50 year roof, covered patio, Wow! Done! And Energy Packages
#4 3332 N Ezie
1362 4-2 LR & Dining 1960 Possible RV parking Wow! Done! And Energy Packages
#5 4404 N Eddy
1348 sf 4-2 Great Room, RV Access, Huge Corner Lot, Wow! Done & Energy Packages 1188 sf 3-2 1971 Great Room, Custom Kitchen, Wow!, Done! & Energy Packages Possible RV
#7 145 Gettysburg
1171 sf 3-2 1971 Great Room, Custom Kitchen, Wow! Done! And Energy Packages, Clovis Schools
#9 3405 N Miami #10 5868 E Andrews
Completion Target
$185,000
Jan 15, 2009
SOLD! Feb 10, 2009
SOLD!
1404 sf 3-2 LR & Fam 1962 pool Drive Thru Garage, Wow! Done! And Energy Packages
#6 5967 E Fedora
List Price
$143,500
#3 5664 E Bernadine
#8 3915 E Townsend
6
Projects Done & In the Pipeline
$185,000
Feb 20, 2009
SOLD! $165,000
July 1, 2009
$169,500
Aug 4, 2009
$160,000
Nov 1, 2009
Pending SOLD! SOLD! $170,000
Sept 15, 2009
$135,000
Feb, 2010
$160,000
Feb 14
SOLD!
Apx 1670 sf 4-2 1948 LR & Formal Dining, New Master Suite, Detached Garage Quiet Neighborhood. 1157 sf. 4-2 1971 Custom Kitchen, Wow!, Done, & Energy Packages Clovis Schools. New Roof, & AC
SOLD! Available Now!
1171 sf 3-2 1959 Great Room, Custom Kitchen, Wow! Done! And Energy Packages, Clovis Schools
$160,000
Mar 15, 2009
REALTORS: We plan that many homes will be sold before they reach MLS. All homes will be offered to the group of Preferred Realtors for 7-14 days before listing in MLS. For details and to be alerted of new projects as they become available contact Jennifer Martin 259 8153
Tarpey South Cluster
Note: Owner Will Consider Lease Option Or Owner Carry On This Property We are also have a program to give preference to Veterans.
9
3 10
4
Concept #4
Drive Comps & Influence Appraisals
G r e e n E a r t h E q u i t i e s . C o m
Š 2010
Saving The Planet One House At A Time
Skip The Performance - Prescriptive Debate... Go Hybrid Concept #5
All The Testing You Need... And None That You Dont... Scope from the list, & test the Home Performance Essentials Blower Door, Duct Blast, Delivered BTUs, & CO Unlike when you are wearing your “Contractor” hat, As an Owner, you can just choose “Everything” (Shortens the sales process & Improves your closing ratio!) G r e e n E a r t h E q u i t i e s . C o m
© 2010
Saving The Planet One House At A Time
Concept #6
Deliver Twice The Value
(Compared To When You’re Contracting)
How? No Marketing Expense 25% No Sales Commission 10% No Booties, Drop Cloths or Customer Constraints 10% No Program Requirements, 3rd Party, or Admin Costs 10% Add ‘em up. With all these savings you can: Make even bigger energy packages Or even Go To Zero With Solar G r e e n E a r t h E q u i t i e s . C o m
© 2010
Saving The Planet One House At A Time
Concept #7
Unique & Compelling
Unlike anything on the market So the houses sell easily Usually soon after completion Or before completion For full price, sometimes more... About $20K above the rest of the neighborhood. All have “made appraisal” These homes sell so easily that we now sell without a Realtor. These savings are financing Concept #8 our move to Zero Energy Foreclosure Renovations ...How cool & green is that? G r e e n E a r t h E q u i t i e s . C o m
© 2010
Saving The Planet One House At A Time
Working On Your Own Projects Concept #9
Got An Idea? -- Go For It. No Permission Or Program Required
This Idea Came From Last Year’s ACI Conference G r e e n E a r t h E q u i t i e s . C o m
© 2010
Saving The Planet One House At A Time
Our Vision: 1000 Energy Wise House Flippers Saving The Planet & Blessing Their Communities
Concept #10
The Army gathers every Tuesday at 6:00 PM pst Conference Call Webinar 605-475-4800 pin 795323#
In The Energy Wise Renovating Army!
Also local meet-ups & field trips See GreenEarthEquities.com for details
Note: No need to quit your day job I still have a couple. Energy Wise House Flipping works very well part time. Earn about $20K each 2 to 5 per year is an easy pace. It’s a good additional “Stream Of Income” Why not? Why not now? I’m here to help...Dave Robinson G r e e n E a r t h E q u i t i e s . C o m
© 2010
Saving The Planet One House At A Time