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Breakdown of a $30k Rental Purchase: Pre-Renovation [Video!]

Sterling White
Breakdown of a $30k Rental Purchase: Pre-Renovation [Video!]

I acquired this deal through a postcard.

The seller was highly motivated to sell. Unfortunately, they had health issues and could no longer maintain upkeep on the property.

Watch the video to learn more about the pre-renovation phase of this deal!

Pre-Renovation Video Walkthrough

Rehab Plans

The exterior renovations will include a roof replacement, power washing to refresh siding, storm windows installation, landscaping. Interior upgrades will consist of flooring installation, a two-tone paint scheme, a new furnace, kitchen cabinetry reconfiguring, and a bathroom finish-out. I will share the scope of work in next video.

Stay tuned on updates. Happy investing.

 

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Any questions about this deal? Do you invest in $30k real estate? Why or why not?

Leave your questions and comments below!

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.