It was a full renovation, we added value by transforming one property in 3 different units, used up the attic and added private parking and landscape.

We have sunk a good amount of money so far in replacing main water line, cosmetic upgrades, updated tenants kitchen last month and multiple landscaping projects (removing big trees).

After my realtor did some heavy negotiations, we got the place for $970,000.The next 18 months were brutal as we carefully remedied every issue with the property, added a 2,500 square foot master wing, and put in a $200,000 landscape package.Once finished there was a bidding war and it sold for over asking price at $2,650,000.One of the scariest deals I've ever done, but ended up being a smashing success and learned a TON along the way.

I learned a lot about plumbing, electric, flooring, paint, appliances, finish carpentry, landscaping, etc.

Beautiful landscaping and hardscape enhance the backyard.

If you started this odyssey in the beginning of February, you already know the lending landscape has morphed dramatically since then. 

Interior updates, landscaping What was the outcome?

We resealed and painted the massive pool out back, built a new deck, did some landscaping, upgraded the kitchen counter tops and appliances, painted the cabinets etc.

Think of it this way, if you have 5 properties, each in different locations, under $200K and each have outside landscaping, driveways and inside tangible property, there is a lot of on-site work to be done for a study on each.

Business #1 (existing but not mine, owner open to partnership discussion)Landscape business on Hwy 10-10 allows builders to dump their tree debris for $50 a dump truck load. $50 is less than county tip fees and their location in south central Wake County is convenient.