First large rehab that we did. Turned out to be a very good deal!

[Paul Juell]

Investment Info:

Single-family residence fix & flip investment in Tucson.

Purchase price: $285,000
Cash invested: $82,000
Sale price: $420,000

My first 'Big' remodel. I had done a mostly cosmetic rehab as my first project (Blue Wing Dr.), but this one needed a lot of work! Overall, the house was not bad structurally, just very outdated, a lot of pet damage, and a little more colorful than I would have preferred.

I can't post many photos here, but some highlights:
1. The front door opened in a way that made the entry look tiny. So I switched the door to open towards a wall that was going to be removed. Now instead of looking down a skinny hallway it opens to a very open space.
2. We added a closet to turn this from 5 bedrooms (common in the neighborhood) to the only 6 bedroom in the area.
3. Of course, we opened up any wall and doorway we could.
5. Main living room had an old fireplace and built in wall units. We decided to remove those in an effort to make the area bigger. It made a huge difference!
6. The previous owner had built a brick wall in front pf the carport (???) so we removed that and the sliding gate attached to it. We then had to build a fence to block off that side of the house.

Otherwise, pretty much normal stuff; paint, flooring, cabinets, doors, fixtures, etc.

We spent about $10,000 more than we had planned but in the end, we sold it in just a couple days for $20,000 above listing price.