We finally have a roof on our latest flip. This is a very good thing, particularly when it’s snowing and 20-degrees.
We are adding an extra floor, so a perfectly good roof had to come off the one-story house so we could put in stronger joists, add to the existing walls, and build new rafters. It’s a major project and we were weeks looking at a roofless house while snow piled up inside.
I was at the flip the other day when a man from down the street came walking up, inspecting the project.
“Are you remodeling this house?” he asked.
Now, mind you, there was a semi-truck load of lumber in the front yard, a Dumpster in the driveway, the roof was missing, and basically all that remained of the house was about three walls. I bit my tongue and resisted the incredible urge to be a smart apple.
“Yes,” I said. “We are remodeling the house.”
He nodded and looked around. “Are you going to put another roof on it?”
I thought he was kidding, but he was serious as a heart attack.
This is a very important point for you would-be flippers out there. Listen carefully.
It is my expert opinion that it is infinitely easier to sell a house with a roof than one without. Of course, you might find some hippie types or a cluster of tree-huggers who you could convince to buy a house without a roof because it would bring them closer to nature, but most lenders are going to balk at approving a loan for a roofless house.
I looked at the neighbor and said, “Yes, we’re going to replace the roof, but we’re doing it a little differently than the other houses in the neighborhood.”
“How so,” he asked.
“Well, it’s going to be a retractable roof, like you see in those stadiums. That way, if it’s a nice night, the owners can retract the roof and go to sleep under the stars.”
I didn’t crack a smile.
He left, and I’m not sure if he thought I was serious, or if he thought I was a horse’s hind quarters.
Either way, we have a roof . . . and it doesn’t retract.