You’re standing in the middle of the hardware store debating whether there is any reason to spend the extra $10 on that fancy thermostat. You know, the one that can be programmed to adjust the temperature depending on the time and day. Like many property owners, you decide to go on the cheap. Big mistake. […]
The renovation of the 3 bed, 1.5 bath home at 4315 Wyoming (63116) is finally complete and is for sale at a new price of $132,500. This 1,332 square foot property, located in the Tower Grove South neighborhood of St. Louis, has been remodeled into a truly TurnKey property. That includes all the appliances you will need (even a washer […]
One of the most important things every investor needs to do before purchasing a property is a profitability analysis. At first glance, many deals seem great, but upon further review turn out to be anything but ideal. You just can’t tell for sure until you do the numbers. That’s where this spreadsheet might come in […]
We ran into a few snags along the way, my contractor bailed on me with two weeks to go, and there was a nice little delay in getting the concrete countertops in, but my rehab project at 3969 Humphrey is finally complete. Its been about four months since the project started in July, but I […]
It’s been a little over two months since I last posted about my ongoing rehab project, but I am happy to say that it will be done in less than two weeks. Trim work is about halfway complete so it will mostly be odds and ends from here on out.
It’s funny, no matter how many properties you visit, it seems like you always find something new. Take this window for instance: I have never seen anything like it. The frame of the window is wood, but the glass looks like you stacked up a pile of soda bottles end-wise. From what I can tell, the […]
Trying for something a little different on your rehab, but limited on your budget? Here is a idea I recently used in rehabbing my office for my door handles.
Although my rehab project last summer was nearly the death of me (at least in terms of my social life), I am now underway on my next project. Thankfully, this time all the work is being subbed out Located in the the South Saint Louis neighborhood of Tower Grove South at 3969 Humphrey, this 1,000 […]
I am happy to say that my rehab project, which was my life for 5 months worth of weekends and evenings, is now under contract. I should mention that this is after only 5 days on the market. And this offer came in on Sunday so it was really about 3 days. I also had […]
When putting your own blood and sweat into a rehab project, at times you may find yourself questions why you took a project on in the first place. During the project, things can drag on for what seems like forever. But when the project is done and you can look back at the transformation you […]
It’s over. It’s done. It might have been frustrating at times, but I couldn’t be happier with the final product. Now its time to move on to the next phase: selling this puppy. I think it should go over pretty well. I’m still getting all my marketing materials together, but it should be on the […]
You might have noticed that I haven’t been posting about my rehab project much lately. Well its been a long (way longer than I hoped) road, but the completion of the project is looming. Less than a week away in fact. And boy will I be happy to be finished.
We’re now entering the home stretch of the project. And it couldn’t come any sooner. We’re looking good on our overall budget and profit margins, but things have taken longer than we hoped. We won’t be done in a week’s time, but the only thing left will be minor finishing projects. At least I finished […]
We have finally gone to the next phase of the process on the Connecticut rehab. The tile has been laid, the hardwoods have been refinished, the drywall is completely done, the front porch is coming around, both the front and rear doors have been replaced and all the utilities are done. Its finally starting to […]
It’s been over a month since I last posted about my rehab project. Not because things haven’t been progressing, but because I haven’t had time to post. Between work and this project, I’ve had my hands full. Despite the fact that I have done most of this work before, I’ve already learned a lot of […]