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Foundations Design, LLC
Real Estate Investing A New Era Peter Pasternack Foundations Design, LLC
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The Principals Featured on A&E’s Flip This House
Peter Pasternack - CPA, banker Brian Trow - GA licensed contractor Unique, 360 partnership Strong presence in the Atlanta area Nationally recognized investors Superior quality, craftsmanship, trust, integrity
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Foundations Design Background
Formed in 2005 as RE investment company Initially focused on distressed properties: Purchase, Renovate, & Resell Expanded from smaller projects to large renovations and new construction Custom home construction/renovations GA licensed general contractor
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Buy & Hold Team Structurally sound conditions preferably
- General contractor - Home inspector - Property management Structurally sound conditions preferably Cosmetic changes only - paint, carpet, lighting Typical repairs $10k - $15k Good cash flow
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Flip This House! Difference between a renovated and older home
Ways of increasing home value Selling price differential between 2BR/1BA & 3BR/2BA Characteristics of renovated homes - Garages (one or two car) - Appliance package (stainless steel) - Flooring (hardwoods) - Fencing (backyard)
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Simple Repairs vs. Costly Repairs
Simple repairs: Paint - interior and exterior Flooring - refinish hardwoods, new carpet Lighting - new lights, ceiling fans Costly repairs: New mechanical systems Foundation repairs/replacement Lead based paint abatement
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Flip This House Before & After
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Flip This House Before & After
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Flip This House Before & After
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Flip This House Before & After
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Flip This House Before & After
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Investment Worksheet After Repair Value (ARV) $200,000 Less Expenses:
Holding Costs/Realtor Fees * $20,000 Repairs $75,000 Cost to Acquire Property $65,000 Total Expenses ($160,000) Total Profit $40,000 * Assume 10% total of ARV
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Contact Information Foundations Design, LLC 6106 Barfield Road Atlanta, GA Visit us at
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