Newest rehab in Louisville, Kentucky

[J. Clark Baird]

So end of June we purchased a house that was in pretty rough shape in the Portland neighborhood of Louisville, Kentucky. The house has been foreclosed on and the seller was a bank.

We decided to buy the house because our primary contractor walked thru with us and liked it. We always bring our main contractor with us for initial viewings of properties. The interior was pretty rough. But the exterior was fairly good and the roof was good.

Because we were finishing another project we didn’t get started beginning

of August. We pretty much gutted the house. The ceiling had to be replaced in spots. The floor and subfloor needed work. We tore out walls and framed up a new bedroom turning it from a 2/1 to. 3/1.

Now we are almost done. Our goal is to hold and BRRRR the place. We paid $7,500 for the house. We are looking at about 13,000 in labor. Probably 6,000 in materials. This also includes a new HVAC/Furnace system being installed which cost me $500 in the box ;)

The goal is to reach an appraisal of $38,000. I would post pictures of the work and progress but the app doesn’t allow it (oddly).