4106 Lamarre 90 Day Proposal Package

ABOUT A1 Atlantic Management and Realty, LLC A1 Atlantic Management and Realty, LLC, based in Upper Marlboro, MD, offers a full range of specialized real estate services and solutions for home buyers, sellers, and investors nationwide, with a focus on the Atlantic Coastal states. Our diverse team includes specialists representing various areas of real estate expertise, allowing us to provide seamless, exceptional service from beginning to end. EXECUTIVE SUMMARY The property located at 4106 Lamarre Drive in Fairfax, VA is a 2,301 sq ft single family split foyer home originally built in 1979. The property is situated on a spacious .307 acre lot. The current state of the property presents the perfect opportunity to renovate it to the height of its fair market value. EXIT STRATEGY Our goal is to assist the investor in the rehab, staging and sale of this property for an after repair value of $530,000 - $570,000 within six (6) months from the time of purchase. These market values were determined based on comparble sales and listings of similar properties within the same subdivision as the subject property. As a full service project management and realty company, during the rehab, A1 Atlantic will manage the budget, schedule, and risks while tracking project progress against the milestone schedule, budget, and quality control standards agreed upon with the investor. Every phase of the project is throroughly documented in writing, photographs and videos that are provided to the investor.

A1 Atlantic Management & Realty, LLC Upper Marlboro, MD 20774 contract, the Property Rehab Formal Proposal Submitted by: 12919 Fox Bow Dr. provide all necessary labor and materials, and perform all work of specifications, and the accompanying drawings. The owner, if necessary, will have the lot surveyed and will apply for all zoning, historic preservation or other related permits as necessary. Work for any of these items is not included under this contract. All work is to be executed in a workman like manner in accordance with the contract, plans, and A 8/26/2015 every nature on the proposed remodeling in accordance with this the Owner and the Contractor. Date of Proposal: Submitted to: 4106 Lamarre Dr Fairfax, VA 20030 GENERAL CONDITIONS The contractor shall specifications. WORK GUARANTEE APPROVAL of buyer. EXTRA WORK

SCOPE OF WORK DESCRIPTION EXTERIOR: General: Remove and replace the deck in the back yard Repair wood panels Replace front columns Paint Exterior Lay new flagstone/brick walkway Grade front porch Epoxy garage floor Landscape: Clear tree stumps Clean front and back yards and remove debris Decorative Landscape design for curb appeal INTERIOR: DEMO: Gut kitchen Remove all appliances, fixtures, trash & debris Remove dividing wall between kitchen and dining area Gut bathrooms Remove bulkhead on lower level Remove paneling on walls Remove drop ceiling Remove all windows GENERAL: Install new exterior and interior doors Install ceramic tile landing, kitchen, utility room and bathrooms Install new fixtures/ recessed lighting Patch walls/ceilings (Remove texture lower level ceiling) Prep and paint all rooms per color scheme Refinish hardwood floors in the living room, dining room and upstairs hall WINDOWS: Install all new windows

KITCHEN: Install new kitchen cabinets (match new layout) Install new appliances Install backsplash Install new granite counter tops Install new island Install new under mount sink Install new faucet Install new garbage disposal Install new light fixture Paint as per color scheme LOWER BATH: New toilet Install new vanities New Faucet Install shower head Install new shower valves Tile floor Install new lighting Install towel racks and toilet holders Paint per color scheme UPPER BATHS: New toilet Install new vanities New Faucet Install shower head Install new shower valves Tile floor Install new lighting Install towel racks and toilet holders Paint per color scheme BEDROOMS: Install new light fixtures Install new interior doors Paint per color scheme PLUMBING: Check all existing plumbing & repair/replace as needed, per code Inspect water heater and make sure it is installed up to code Check gas lines & repair/replace as needed Check all drain lines and hose bibs & repair/replace as needed ELECTRICAL: Check all wiring & replace where needed, per code Check panel & repair/replace as needed Install smoke and carbon monoxide detectors per code Upgrade all wiring as needed per code Replace all kitchen fixtures

Date: 8/26/2015 A1 Atlantic Management & Realty, LLC 12919 Fox Bow Dr. Upper Marlboro, M.D. 20774 Property Address: 4106 Lamarre Dr Fairfax, VA 22030 *90 Day Scope of Work Bid * Costs include labor, material purchase, material delivery and debris disposal Special Notes: Estimated 60 - 90 day turn-around to job completion. • This renovation will deliver a finished property that will likely sell between $530,00 - $570,000 A1 Atlantic Management & Realty, LLC Kenyon Nash 202-550-8301

of the project. The owner shall be responsible for purchasing and maintaining his own liability insurance and, at his option, may coverage, theft, vandalism and malicious mischief. EXTRA TIME AND MATERIAL COSTS Contractor agrees to diligently pursue of fire and extended coverage and shall include all risk insurance for physical loss or damage including, without duplication of INSURANCE The contractor will provide Workers Compensation and General Liability insurance, in full, through completion boycotts, or other labor union activities, civil commotion, Inability to secure materials through regular allocation of materials, insurance shall include the interests of Owner, Contractor, and subcontractors in the work and shall insure against the perils maintain such insurance as will protect him against claims which may arise from operations under the contract. The Owner omissions of owner or Owner's employees or Owner's agent, acts of God, stormy or inclement weather, strikes, lockouts, shall purchase and maintain property insurance upon the entire work at the site to the foil insurable value thereof. This work through to completion, but shall not be responsible for delays for any of the following reasons: acts of neglect or failure of Owner to make payment when due, or delays caused by inspectors of governmental bodies concerned. THE Scope of Work Agreement Owner so far as the subcontract work SUBCONTRACTOR AGREES: (i) To assume for Contractor all responsibilities and obligations Contractor has assumed for is concerned. (ii) To start work when notified by Contractor and to complete subcontract work at such times as will enable Contractor to fully comply with the contract with Owner, and to be bound by provisions in the contract with Owner for liquidate