Tuesday, January 27, 2009

Market 2



Well I haven't really posted much about this new house we bought. We initially bought it to flip, but after digging in, this house is rough and would probably cost too much money to flip properly. But as a rental we can cut some corners and make some sweet cash flow, I hope. Its quite the beast. I figure if I can get this house done and make money, I'll be king. I new it was going to be a challenge at first, but not this bad. My mentor warned me I'd burn out on this beast.

But I got the place for next to nothing, the land is worth more than we paid for the house. And it has a LOT of potential. Anyhow, the biggest surprise so far is that all the walls are crooked. It had plaster originally, and apparently they didn't waste time with levels back in the day, so re-drywalling this beast is going to be just that... a beast. I haven't even got any drywall up yet, just putting some pre-hung door frames up has shown me how wonderful this house is, lol.

Anyhow its been off to a rough start, but we're really starting to make some progress. The first three weeks were mostly hauling trash out, covering windows with plastic, getting the furnace going, and demoing walls out and filling a huge dumpster full of all this gunk. Not a lot of fun, but all needed to start working.

Did I mention the floors? The floors are all sagged and we have pretty much leveled all of the house now. There are two corners left but pretty minor compared to what we've fixed so far. I'll probably build a nice html page with thumbnails and pics showing our journey, but for now here is random shot of the day, leveling the floor in the new walk in closet.

This is the most ambitious project for me so far, I'm re-arranging walls and the floor plan. The bathroom was off a parlor/bedroom, which had no door. That is now a walk in closet and a small child bedroom is now the bathroom and laundry room. A silly closet was removed from the living room and these two huge arches. Long story short, the house has a much more usable floor space, flow, and will have a killer bathroom instead of taking a shower under the stairs, lol. I also added a closet right off the dining room, before you accessed it through the kids bedroom which is now the bath. Today we also removed all most all of the old plumbing. So while there hasn't been a lot of visible progress, we're making excellent ground on this old house. I'm hoping to get the bathroom done over the next couple of weeks, then the rest is just drywall, paint, and wiring and lots of little details after that.

0 Comments:

Post a Comment

<< Home