Most of the floors in the house were hardwoods, and they were in really good shape. We were not even going to do those, and in the end, when we had to switch gears, we called our hardwood floor guy. He had an opening coming up two weeks later, so we said, “Yes, put us in the slot,” so we did the hardwood floors. Out back, the existing deck structure was fine, but the wood was rotted, so we ripped off the top boards and re-decked it. That small outlay of money has made a huge difference to the property. My wife is an interior designer, and she runs the projects as well as the of- fice. I am the buyer, and I’m out looking at two or three houses a day. Corinne’s job is to coordinate the scope of work and handle all the trades, color pal- ette and finishes. We pull the building permit as the owner of the property, but
and incredible systems to guide us. My background as a photographer allows me to have some creative fun as well as promoting our projects on social media. By posting photos of our daily progress on Facebook, we have built a huge audience. At the end, I create a video or two to tell the story, and we typ- ically have over 100 visitors at our open houses. And often, a bidding war ensues. I love this business! •
we have all the trades pull their own individual permits and get inspections. We get everything inspected because, in today’s market, in a flip like this, the Realtors and owners want to know everything has been done correctly. We bought the house for $121,000 and spent $38,000 in repairs, and it’s going on the market for $225,000. My wife has her strengths. I have mine. We make a great team. She has her broker’s license, too. The only reason she has it is because before we joined HomeVestors we were burn- ing out Realtors with 20 or 30 offers a month on foreclosed properties where we just couldn’t make the numbers work. We were relying on their conser- vative comps, and we missed out on lots of deals. So now that we’re with Hom- eVestors, we have fantastic advertising
BY JOHNAND CORINNE TESH
John and Corinne Tesh are real estate investors and owners of Citygate Homes, LLC, a HomeVes- tors franchise in Greensboro, N.C.
John’s background as a professional photographer and Corinne’s expertise in interior design play a big part in the success of their business. Contact them at firstname.lastname@example.org or corinne@citygatehomes. com or 336-854-8000.
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