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Updated over 4 years ago, 08/29/2020

User Stats

68
Posts
15
Votes
Hung Nguyen
  • Investor
  • Greenville, SC
15
Votes |
68
Posts

Pics of recent rehab

Hung Nguyen
  • Investor
  • Greenville, SC
Posted

Hey. Just wanted to share some pictures of a recent rehab we did. The place was originally rented out for $400. Smelly, cramped, dirty, and did I mention smelly? 

Well, we went in and knocked down the walls since there were some visible mold damage. Installed insulation, opened up the wall between living space and kitchen, added some electrical, moved the water heater from kitchen to bathroom, added washer/dryer, and some other stuff. All of this was DIY with some help of a friend who was a licensed electrician and plumber.

Now, on the market for $950 and getting inundated with requests and applications. It's a 2/1 in the San Soucci, Greenville area btw. I'm ready for the next step, and excited to keep learning and more importantly, keep doing.

Anyone have any tips on how and where I should find a copy or example of a lease agreement? What would you say is most important to put on a lease? Thanks!

User Stats

860
Posts
818
Votes
Dave Spooner
Pro Member
  • Rental Property Investor
  • Cincinnati, OH
818
Votes |
860
Posts
Dave Spooner
Pro Member
  • Rental Property Investor
  • Cincinnati, OH
Replied

This looks awesome @Hung Nguyen! Great job on the rehab. Regarding your question about lease agreements, there are a lot of important things you'll want to include, and some of that will of course be specific to the area you are in, and the type of property you're leasing. Here is an old forum post that has some great points: 

https://www.biggerpockets.com/forums/52/topics/27420-special-clauses-to-put-in-lease

You can also do a quick internet search for state-specific templates to get a general idea of what to include. Of course I'd advise against taking a random template off the internet to use as a lease, because it may not be up-to-date with local laws, may not cover every area applicable to your leasing needs, etc. But, they can help give you a starting point.

  • Dave Spooner
  • [email protected]
  • User Stats

    68
    Posts
    15
    Votes
    Hung Nguyen
    • Investor
    • Greenville, SC
    15
    Votes |
    68
    Posts
    Hung Nguyen
    • Investor
    • Greenville, SC
    Replied

    Thanks for the post. Definitely some good info in there.

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    User Stats

    214
    Posts
    131
    Votes
    Justin V.
    • Rental Property Investor
    • Minneapolis, MN
    131
    Votes |
    214
    Posts
    Justin V.
    • Rental Property Investor
    • Minneapolis, MN
    Replied

    @Hung Nguyen

    That is a sick mirror. Where is it from?

    Also are those concrete countertops? If so what was that like? Google South Carolina residential lease agreement and hopefully you state’s bar has written one that they give out for free. Add addendums to this base lease.

    User Stats

    284
    Posts
    184
    Votes
    Alvin Uy
    Pro Member
    • Rental Property Investor
    • Los Angeles
    184
    Votes |
    284
    Posts
    Alvin Uy
    Pro Member
    • Rental Property Investor
    • Los Angeles
    Replied

    its always interesting to see how rehabs are done in different parts of the US.  Thank you for sharing.   

    I've done that corner shower with curtains before... and ended up with a lot of water damage because the curtains will never keep that water in.  I recommend enclosing that corner shower with glass or something instead. Trust me!

  • Alvin Uy
  • User Stats

    284
    Posts
    184
    Votes
    Alvin Uy
    Pro Member
    • Rental Property Investor
    • Los Angeles
    184
    Votes |
    284
    Posts
    Alvin Uy
    Pro Member
    • Rental Property Investor
    • Los Angeles
    Replied

    its always interesting to see how rehabs are done in different parts of the US.  Thank you for sharing.   

    I've done that corner shower with curtains before... and ended up with a lot of water damage because the curtains will never keep that water in.  I recommend enclosing that corner shower with glass or something instead. Trust me!

  • Alvin Uy
  • User Stats

    68
    Posts
    15
    Votes
    Hung Nguyen
    • Investor
    • Greenville, SC
    15
    Votes |
    68
    Posts
    Hung Nguyen
    • Investor
    • Greenville, SC
    Replied

    @Justin Voegele

    I got it from amazon. Everybody loves that mirror. The concrete countertop was simple to pour in place. It didn’t turn out perfect because it was my first pour, and I was still trying to get the hang of mixing the concrete.

    User Stats

    68
    Posts
    15
    Votes
    Hung Nguyen
    • Investor
    • Greenville, SC
    15
    Votes |
    68
    Posts
    Hung Nguyen
    • Investor
    • Greenville, SC
    Replied

    @Alvin Uy

    I see. Well underneath the floors is just concrete, so if any damage occurs I’d just replace the couple pieces of peel and stick vinyl. Will keep an eye on it, and put in a glass door later if needed. Thanks for the heads up though.

    User Stats

    35
    Posts
    16
    Votes
    Michael Oliver
    • Rental Property Investor
    • Greenville, SC
    16
    Votes |
    35
    Posts
    Michael Oliver
    • Rental Property Investor
    • Greenville, SC
    Replied

    Great flip man it looks awesome!

    User Stats

    122
    Posts
    40
    Votes
    Cheryl Moore
    • New to Real Estate
    • Dayton, OH
    40
    Votes |
    122
    Posts
    Cheryl Moore
    • New to Real Estate
    • Dayton, OH
    Replied

    You did a fantastic job!! It looks amazing!!