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$22,000 home AFTER renovations....this is what you get....
Old 03-22-2008, 08:50 PM   #1
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$22,000 home AFTER renovations....this is what you get....

Some of you may have noticed in some of my threads I mention a few rentals I own. The one I'm currently trying to rent was acquired for $12k, carried for a year, and renovated for $8500 for a total investment of $22k. rent is $595. None of the 'after' pics show it at100% completion...there's still some minor touch ups and cleaning to be done ... but I was eager to take some pics with a new camera


Here's some before/after pics













CLICK HERE FOR MORE PICS OF THIS HOUSE
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Old 03-22-2008, 08:54 PM   #2
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Flip your house should do a special on you. Looks good.
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Old 03-22-2008, 08:59 PM   #3
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I take it you put a lot of sweat equity into this house? Looks great. If it were in my 'hood rather than Akron area, it would rent for $1500+.
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Old 03-22-2008, 09:07 PM   #4
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I take it you put a lot of sweat equity into this house? Looks great. If it were in my 'hood rather than Akron area, it would rent for $1500+.
I wish I kept track of time invested. I'd say my total man hours were about 200-250

If I could move this house about 5 miles away, it'd rent for $1000 max. Still cheap compared to the rest of the country :-)
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Old 03-22-2008, 09:26 PM   #5
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Wow, that looks great...nice job!
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Amazing!
Old 03-23-2008, 01:08 AM   #6
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Amazing!

Very impressive job indeed. Seems like a nice ROI, too (assuming relatively low taxes?).
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Old 03-23-2008, 10:30 AM   #7
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Thanks for the pictures. I was interested in your post since I am also in the Akron area. You've done a very nice job. It looks fresh and clean. I hope your tenants treat the place well and aren't a lot of trouble.
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Old 03-23-2008, 10:33 AM   #8
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Fed,

Run those tiles under the toilet and vanity ... heads-off floor rot. Otherwise looks good!
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Old 03-27-2008, 08:31 PM   #9
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Fed,

Run those tiles under the toilet and vanity ... heads-off floor rot. Otherwise looks good!

i didnt want to waste the time pulling them up (vanity and toilet stayed)...for a customer or myself iwould...but a rental....nope!



Sue J : Where in akron do you live?west? valley? or a suburb? just wondering
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Old 03-27-2008, 09:14 PM   #10
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Seal up good with white mildew proof silicone at the seam and you'll be good for 10 years or so before you'll want to scrape it off and redo it.

Or get some new plastic toe rail and run that all around with some silicone and a few brads.

Nice work!
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Old 03-27-2008, 10:01 PM   #11
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Sue J : Where in akron do you live?west? valley? or a suburb? just wondering
I'm in Cuyahoga Falls.
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Old 03-27-2008, 11:03 PM   #12
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thefed - that looks really nice. That makes me really happy for you! There's a lot of talent there that you've put into something really good.
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Old 03-28-2008, 08:15 AM   #13
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I take it you put a lot of sweat equity into this house? Looks great. If it were in my 'hood rather than Akron area, it would rent for $1500+.
How did you figure out it was in Akron?:confused:
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Old 03-28-2008, 08:59 AM   #14
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How did you figure out it was in Akron?:confused:
1) It was either that or Detroit for a $22k house.

2) Can't you tell from the pics of the house? The flashings clearly indicate Central Ohio.

3) I happen to know thats where thefed is.
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Old 03-28-2008, 10:02 AM   #15
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1) It was either that or Detroit for a $22k house.
Or here - - Single Family Home - 1331 North Warren Ave, Springfield, MO, 65802 - Realtor.com


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2) Can't you tell from the pics of the house? The flashings clearly indicate Central Ohio.


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3) I happen to know thats where thefed is.
We have a winner!
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Old 03-28-2008, 10:33 AM   #16
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You could always step up to this. Its John Galts "Waterfront property", but I'll bet you can get it for a little bit less since it was put under about 8' of water last year...

And yeah, thats an old manufactured home that was dropped on the edge of a floodplain...
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