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Wednesday, July 25, 2007

The Work Goes On...




Here are a few more pictures of the construction, if you care to follow along. We are putting in a block landscape wall to eliminate the steep hill in the front of the house.




I just purchased another home, but no pictures yet. Not quite as big a rehab as this one, but should be a challenge. It was a foreclosure in an up and coming area. A casino will be built in the area within the next couple years, so the area should really take off.

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Thursday, July 19, 2007

Finally some pictures







.

I haven't tried to add pictures to this blog yet, but here goes:

These are the lovely pictures of a total gut rehab project we are working on.
It is definitely a VERY ugly house. Yes, that is pink siding we are removing. There was a stone facade on part of the front, but I was a little slow in getting my camera to the job site, so most of it is gone now.



We will be taking off the porch, and siding (of course), and will be adding a 12 foot addition onto the front of the house, and an 8 foot wide porch across the whole front.
It was a 2 bedroom, 1 bath. It will be a 3 bedroom 2 bath, and if we can fit it in, we will add another 1/2 bath also.

This house cost $40,000, and the rehab will be about $85,000

The resale price should be around $190,000 when it is all new and beautiful. I will hopefully be able to show those pictures in the not so distant future.


I have not always wanted to rehab because I have had some bad experiences with contractors, but through some trial and error, and lots of referrals, I am determined to continue. There are easier ways to make money in real estate, but this is very rewarding, when it all comes together.

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