New Personal Best on Buy, Full Rehab, Sell- 3 months 1 week
Guys I just set my personal best (with a lot of help from my good friend Ophelia Nicholson) on a buy, rehab and sell. I bought this 4/2.5 sfh on 12/17/14 did a complete rehab on it and sold it on 3/24/15. Just excited about it and wanted to share. This is with 2 weeks of set backs (fired a crew, started 5 days after buying and the holidays in between) for the rehab and a week delay in closing. Rehab included new roof, new hvac, new plumbing, some new electrical, new floors, new bathrooms, new kitchen, gutters, a good amount of drywall......pretty much everything except new siding, etc.. Thanks again Ophelia for all the help!!
Buy/Closing Costs/HML Upfront Costs: $147,974.06
Rehab Costs (includes all labor/materials, utility bills, cleaning, landscaping, 1 hml payment, photos, etc): $67,972.59
Sold: $270,635.56 ($300k - $29,364.44 in closing costs, concessions, realtor, etc)
Realtor Commission Received: $7,500
Net Proceeds= $62,188.91
Here is a few pics.....
Before Pics
After Pics