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Rehabbing & House Flipping

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Jordan Richardson
  • Greenwood, IN
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9
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First flip opinions needed!

Jordan Richardson
  • Greenwood, IN
Posted Aug 20 2014, 18:44

Hi all,

I finally pulled the trigger and purchased a property at auction! The finally cost after auctioneer fees and closing was $63,800. All new HVAC and roof. The repairs seem to be mostly cosmetic and I would like to stay under 75k. I need opinions on a few repairs:

1. The hardwood floors appear to be salvageable, but if not would you recommend a nice laminate throughout the home? Or laminate in living room/bedrooms and tile in bath/kitchen? 

2. Exterior needs painted and the landscaping has grown out of hand. Should I consider pulling out shrubs surrounding house and put mulch or rock down and plant new plants? Or should I just trim shrubs to save on cost and deal with the less appealing look? Any paint scheme suggestions?

3. The basement is the best part of the home but half is carpet half is concrete. Should I go with a stained concrete or pull up current carpet and relay new carpet? 

 Any suggestions would be appreciated 

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