Happy Thanksgiving to all the friends and family of 210 Holding Group! Despite the challenges of the year, as a team, we're thankful for the health and good fortune of our families and wish everyone a safe holiday. We also want to thank you all for investing in and supporting us, even through simply following along on our investing journey.
It has been a busy few weeks since we closed Pilgrim. Since our last update, Dan has been busy evaluating the property, building the conceptual rehab plan and getting contractor bids, so we can begin the rehab. Let me tell you--as a long distance partner here in California, it has been incredible to watch the dedication, skill and expertise Dan brings to construction and rehab. Check out these videos where Dan uses Computer Aided Design and 3-D modeling to build out the design.
You can see Dan has done great work on the design. Our next big decisions will be to determine (1) if we can utilize the attached storage unit and turn it into usable square footage, (2) decide if we keep any portion of the large detached storage unit, and (3) finish analyzing contractor bids and finalize main house scope of work. We are currently leaning against turning the attached storage into usable square footage due to significant costs to include the foundation work that would be necessary to make it functional. Right now we're leaning toward adding a laundry and mudroom but making the rest a rear patio.
We're trying to grow our Instagram following! We are putting more frequent updates on our journey on that platform so if you are on IG, please follow @210holdinggroup. Again, Happy Thanksgiving everyone!