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Updated over 9 years ago on . Most recent reply

My 3500 Property that no one else wanted! Before and After!
So i bought this home as a foreclosure, termites, rot, holes in the roof...I bought it for 3500! I actually fell through the floor in the bathroom during the final walk through before closing. I put 25000 into the rehab of this home and replaced most of the floor joists in the kitchen and bathroom as well as sub floors and floor coverings. I just wanted to share my handy work! Time frame was 6 weeks mostly because I only had 1 helper on the job until I pulled my property managers team in also to finish up. Its on the market now to be rented and hoping to get 600 a month. I financed it with a local bank and pulled 23k back out and it should net me 190 a month. Just wanted to share!
Most Popular Reply

Looks great! The neighbors should be impressed. I did a rehab a year ago that I took the inside down to bare studs and built it up. It went from the worst house on the block to one of the nicest! I actually heard the neighbors talking about the rehab while I was on my hands and knees finishing the landscaping. "It's pretty bad when the rental house is looking better than our houses". The neighbors actually did some improvements after that.