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6. NEW BUSI <br />g. Continued <br />Mr. ohnson: No, we find it is about the cheapest thing we can do. <br />We c n dry wall them, but most contractors say it is better to do <br />some type of panelling or marlite because it is easier for them to <br />buy End it's easier for installation. It lasts a lot longer than dry <br />wall would, and then you have to paint and sand it . . . <br />The hair: There are an awful lot of houses in this town with dry <br />wall bathrooms, and they have lasted for ,years. <br />Mr. Johnson: But the charge is about the same now. <br />The hair: It just seems a little out of place really -- that we are <br />goin into a long -term type of fix on a building that is not all that <br />good And the rest of it . . the building will fall down and the <br />bath oom walls will look great. <br />Mr. obinson: Is there any way there can be any costs cut in this <br />orig nal venture that they got into on rehab with this house? <br />The hair: What else is involved in this thing . . for $7,199.00? <br />They have a thousand dollars worth here, what does the other <br />$6,0 0 buy? <br />Mr, ohnson: I have the specs here. Normally, the amount of work to <br />be done is very small on most of these. By the time we do a roof, <br />electrical, heating and plumbing, we are in the area of $7,000 to <br />$8,000 and we haven't touched the house cosmetically. So, I will <br />read to you what we have done, but it won't sound like much. We <br />replaced one door that I can recall, and some work done on the <br />electrical system. Most of the money was spent in the kitchen. <br />We are finding that the contractors who are bidding on these contracts <br />are bidding $1,500 to $2,000 over our cost estimates at this point. <br />Mr. utler: J.J., on the Change Orders, are you finding more <br />reas nable, or lower "per item" prices than you are on the original <br />bids <br />Mr. Johnson: Not really, our cost estimate on this was $901.00. <br />Mr. 0ohnson then read the line items of the specs and their respective <br />amounts. <br />The hair: Any plumbing or roof work in that? <br />Mr. ohnson. No. I am still reading, there is more. Now in the <br />bath oom. . . <br />Mr. <br />abou <br />they <br />2obinson: Let me ask a question. Do you have any nuts and bolts <br />t that cost item on the electrical work for $1,200.00? What did <br />do, re -wire the entire house? <br />&fls <br />