My 3500 Property that no one else wanted! Before and After!

[Kyle Penland]

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!