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Colton-Fox 1 Bed + Den Reno

Embarking on a challenging journey, we took on the renovation of a unit that had seen better days. With years of water damage in the bathroom and walls coated with tar and dirt, the task was daunting. Our goal? Transform this neglected space into a desirable living area.

The unit was in a state of disrepair, with holes in the walls, cigarette butts littering the floor, and a layer of grime coating the cabinets. An attempt to wash the walls quickly proved futile – the tar and dirt were here to stay.

This was an incredibly tough unit to turn around. The bathroom had been given many years of water infiltration and negligence for the need of a major reno. The walls of the whole unit, as well as the cabinets were coated with tar and dirt. We were a little overwhelmed by the complexity of smoke and tar and what would be the best way forward.

The unit had holes in the wall that were not properly patched, cigarette butts next to the walls and just disrepair and dirt. We tried to wash the walls to see if that would be a solution, short answer – NOPE.

We had a couple options, 1) try to use multiple layers of primer hoping that it would seal in the tar and dirt. 2) tear down the drywall and replace drywall in the whole unit. 3) Drywall over the current filth but just adding one more layer of drywall. 4) float drywall compound over the tar and dirt, sand it smooth, then prime and paint.

We went with option 4, we thought option 1 would not be a long-term solution and option 2 would be extremely costly. We debated between drywall versus compound and our trade – Justin at Gilchrist Brothers Interiors convinced us that option 4 would seal the tar and dirt in and still be a cost effective option. So far so good.

The bathroom needed a complete gut, right down to the studs and beams.

Completely rebuilt the floor, and then mold free drywall. Then a layer of complete waterproofing, followed by tile. What a difference.

The layout of the apartment was not useful. There was one incredibly large bedroom, with one huge closet. We added one wall, two closets and a built in desk in the den. We also added a breakfast nook, with a four-piece kitchen which we think turned out phenomenally.

The unit started coming together, looking more like a place I would want to live. All the big stuff took time, the plumbing in the bathroom was completely gutted and redone, the bathroom was completely redone, the unit didn’t just get a polish it really has a new lease on life.

We knew this unit was going to be a bit of a struggle. But seeing where it started to the finish line shows that some vision and work can make a big difference. Now to get it rented and move the value of the building higher!

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Wildfires in the Okanagan.

Click on the link to head to Addy to invest in this conversion.

Dear fellow addy investors:

As you may have seen in recent media reports, wildfires are affecting various areas of the Okanagan. Rogers Management Group and addy would like to reassure you that our projects in Vernon and Oliver are not under threat. Both are located in the center of  their respective communities and are very unlikely to be threatened. 

Restrictions on the use of all temporary accommodation by tourists are in effect in and around the Okanagan to allow evacuees the best opportunity to have places to stay. While the Okanagan is amazing for tourism under normal circumstances, please stay away for now unless you absolutely need to be in the Okanagan. 

Heavy smoke is impacting services and transportation. For example, mail delivery in Oliver was stopped yesterday due to air quality issues. Kelowna International Airport suspended all normal operations to concentrate only on firefighting efforts. Firefighters and equipment from across BC have been mobilized to fight structure fires in West Kelowna  

We have suspended some planned renovations temporarily so as not to tie up trades or accommodations unnecessarily. This short delay will not adversely impact the projects or timelines. If anything impacts the properties we all invested in we will update you.

In the mean time, our support goes out to all impacted Okanagan residents and all the firefighters working tirelessly to protect the communities of the Okanagan Valley  

Cameron Rogers

Rogers Management Group

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Colton Fox Studio Reno #1

Anticipation, like waiting for fresh cookies to come out of the oven, or seeing the first snow of the season when you have forgotten how much you hate shovelling snow because enough time has past.

The best way forward with our investment in the Colton-Fox building is when we can renovate the 5 residential units and move new tenants in at market rates. Increasing the revenue on an annual basis of $4,800-$6,600 per unit depending on what the rental contract will be signed at adds value to the building.

We started by gutting the 27 year old cabinets, carpet, and appliances.

Next was making sure the unit was cleaned, and the smoke was completely out of the unit. The ceiling and walls were primed and then painted. Wow, what a difference some paint makes.

Kitchen and bathroom flooring came next. And then moving right into building out the kitchen. We really improved the flow and usability of the kitchen by putting in a corner, adding a dishwasher and microwave range hopd and replacing the apartment size fridge and stove with full size appliances. Also added a ceiling fan with light and replaced all the lights with LED fixtures.

You gotta work work work!

Well we put in the work and now the unit if finally complete. Now to finalize some paperwork and get the tenant finalized. But here it is, final product.

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Oliver Soup Kitchen

Rogers Management Group supports Soup Kitchen

We salute the dedication of the volunteers at Oliver United Church who have been running a soup kitchen for 30 years. Rogers Management Group has been able to support their efforts with a substantial equipment donation as we renovate the church into an apartment building. See Times Chronicle original article found here:

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Colton-Fox Building 2022 Recap

What a year! We found a building with 4 commercial tenants and 5 residential apartments. We made an application to make a crowd funding raise through AddyInvest. Rogers Management Group invested with 1061 investors through Addy, raising $550,000, for the purchase of the investment property in downtown Vernon, British Columbia.

The building was built in 1904, and was the home of R.E. Berry Drugs. The building has been home to many businesses over the years; a grocery store, barber shop, pool hall, leather shop and restaurant.

One of the interesting facts about the building is they built the building around a furnace, calling it a revolutionary heating system in 1904. It was a forced air heater where the system was in the basement and was originally a firewood based burn system but was converted to coal with a feeder mechanism.

The building still has good bones but will need continued maintenance. This year we were able to update some of the plumbing and do a bit of electrical work. While there is more to do We were able to make a distribution back to the investors of the Colton-Fox building through AddyInvest.

Here is to a new year and continued success through Real Estate investments.

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Colton Fox Bldg Plumbing Update

The Colton Fox Building continues to show its age. We understood there would need to be updates to the plumbing over time. The building was built in 1904 and so over time different materials have been used and things have been cobbled together. A pipe collapsed in the basement and so there was some backup and a new solution was needed. We called upon our plumber of choice in Vernon, Branch Plumbing, and they were able to bypass the collapsed pipe and the problem is no longer there. Thanks Branch Plumbing for coming to our aide and getting our Tenants back to living and working in Vernon.