Paul Esajian, star of A&E®'s hit TV show "Flip This House," is one of the nation's premier real estate investors, building his own company, CT Homes LLC, into a leading multimillion dollar business.
Paul has managed more than 300 projects throughout the country. Paul specializes in rehab and contacting systems for successful real estate investors.
At any given time, Paul has managed more than 25 development projects with five teams of over 35 contractors in nine different cities and three different states.
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As seen on A&E®'s "Flip This House"
Shultas Project - Hartford, CT
Exterior — Before
Exterior — After
Purchase Price = $153,000
Sale Price = $278,000
Profit after Expenses = $47,020
Restoration Cost After Repairs = $68,000
Description
Three family home, 3936 sq/ft with 9 bedrooms and 3 baths. House built in 1910 on .18 ac lot in a quite working class neighborhood near downtown Hartford.
Rehab Overview
Property was in need of extensive interior and minor exterior renovations. All new vinyl replacement windows, new front porch, white picket fence and paint completed the exterior. The rear deck needed minor repairs and paint as well. Three new kitchens, 3 new bathroom, 3 new heating systems and all new flooring and paint throughout. Brand new plumbing and heating was installed on all 3 floors as well as all new electric service.
Contractor Overview
Multiple contractors were needed to complete this project. A licensed general contractor was hired for the flooring, kitchen, bathroom, painting, windows and all carpentry. A licensed plumber was hired for all new plumbing and heating. A licensed electrician was hired for all electrical work. And professional insect exterminator was hired for yellow jacket removal.
Exterior
Power wash exterior of building
Rework existing enclosed front entrance – convert to open front stoop
Demo what is need, rebuild as necessary
Repair all exterior doors as needed, replace all hardware
Install new house numbers, mailboxes and doorbells
Replace all windows (new vinyl double hung)
Paint all trim on bottom of windows – Color – Spinach #20-20
Repair rear stairs/decks as needed and paint (grey exterior paint)
Remove all trash from yard
Install white picket fence along front yard (pre made sections)
Clean front yard and mulch flower bed
Roof
Inspect entire roof and patch were needed
Interior — General
Paint scheme: Navajo eggshell walls, semi gloss white trim and doors, flat white ceilings and closets
Purchase all paint thru Eddie Pocoski from Pratt & Lambert
Color
Name
Product Code
Navajo Eggshell
Gold Eggshell Navajo Wall
Z8291
Ceiling White
Gold Flat Super 1-Coat White
Z8100
Trim White
Gold Semi-Gloss Super 1-Coat White
Z8300
Patch were needed paint all rooms in house with above color scheme
Repair all stairs as needed, front and rear and paint railings and spindles
Remove all old carpeting
Repair all interior doors as needed (all doors must open and close properly and lock)
Install new vinyl double hung windows
Remove all trash and debris from all floors, including basement
First (1st) Floor Apartment
Replace all windows w/ vinyl double hung
Prep and paint all rooms (see above color scheme)
Finish framing in 3rd bedroom and closet in front room (as per attached diagram)
Carpet living room (color – Wet Sand)
Carpet in all bedrooms (color – Wet Sand)
First Floor — Before
First Floor — After
Kitchens
Patch and repair all walls and paint as per above color scheme
Replace cabinets – Star Oak
Star Oak Sink Base 60" (3) at $214.40/ea
Star Oak Wall Cabinet 60"x30" w/ open shelf (3) @ $200.40/ea
Star Oak Wall Cabinets 18"30 (3) at $75.74/ea
Install new dark laminate countertop w/7" sink, with single handle faucet
Labrador Granite Formica Counter (3) at $100.00/ea
Install new white appliances (Frig., electric stove and hood)
Electric Stove (3) – Whirlpool, Lowes item #235957, $298/ea
Shultas Project
