Moseley, VA · Member since 2016 · 115 posts · 60 votes
Wanted to share pictures of my live in flip, just over two years, located outside of Richmond. Originally was not going to be a live in flip but the family did not like living out in the country so we decided to move closer to town. Also just started a flip outside of Richmond that should be ready in April and will post next year when that one is finished.
Purchase Price- 3 bed 1 bath at $162,000
Rehab- $+/- 7,000 (did all the work myself, design by my wife)
Sale Price- $192,800
Scope of work-
Install cattle fence around 3 quarters of the property- 2.05 acres and fenced in run with chicken coop
paint every room
face framed the kitchen cabinets and painted two tone- Upper cabinets Cream/white Lower cabinets Gray
recess lighting in kitchen
added new dishwasher (did not have one)
moved the laundry room to better fit the kitchen
renovated the bathroom to include a window and concrete sink
new heat pump and furnace
new wide updated trim
painted outside of the house and upgraded the landscaping
@Jonathan Smith the before and after pics look great, but I would be surprised if you were able break even after rehab costs, 2 years of holding costs, closing costs, and realtor fees.