Starting 4th rehab- its a flip

Starting 4th rehab- its a flip

Investor · McKinney, TX · Member since 2012 · 588 posts · 224 votes

I've started my 4th rehab. Its a flip. It is the biggest one I've taken on so far and I'm a little nervous, but moving forward. Its a 4 Bd, 3 bath home approx 2200 sq ft. Its in a nicer area of town and the best thing is, its about 5 miles from my place of work! I've never done a house within 50 miles of my house! It is mainly cosmetic, but did need quite a bit of foundation work.

Here are a few before pics.

1Reply
50 views

28 Replies

Jump to latestLatest
  • Investor · McKinney, TX · Member since 2012 · 588 posts · 224 votes
    11y

    Hey @Josh R. , sorry for not updating.  I've been taking a break from the internet.  

    The last part of this project has drug its heals quite a bit.  No issues on the rehab itself, just sub contractors that are looking for the next project more than finishing up the current one.

    It is completed minus some minor touch ups.  I'm hoping to have it on the market by this weekend.  It looks great thanks to my wife's color choices.

    Current issue is the amount of paint and junk the crew got on the wood floors.  Note to self, thoroughly inspect everything prior to putting in wood floors and insist that they cover wood floors completely with paper after installation.

  • Weston, FL · Member since 2014 · 55 posts · 8 votes
    11y
    Shawn Thom This looks like a great find. Congrats and good luck. How did you find this property? MLS, wholesaler, other.
  • Rental Property Investor · Cincinnati, OH · Member since 2013 · 292 posts · 280 votes
    11y
    Originally posted by @Shawn Thom:

    Things continue to proceed well.  

    Good news this week

    -Plumbing test came back with no leaks. the prior owner had already replaced a significant portion of the sewer lines so that must have helped.

    -Wife found a great deal on granite.  Level 4 & 5 granite for level 1 price.  They had a couple of random pieces that they wanted to get rid of.  She is good at sniffin' out deals and the pics she sent me look great.

    -HOA approval came back on exterior colors. I hate HOAs.

    -Foundation company got me engineer report & warranty info quickly which I need for my draw.  

    The granite was the last pending item for us to finalize our kitchen paint colors etc.  We are rocking and rolling now.  Winner, Winner, chicken dinner.

     Shawn, very cool that you give your wife credit where credit is due.  : ) 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.