Here's a look at a before & after of a house we acquired for investment with the plan of fixing and reselling.
It took us over 6 months(longer than we would have liked) to rehab and renovate the whole property. Every investment comes with a calculated risk and going into a massive renovation project it's important to due your due diligence.
This project ended up going way over budget. We estimated this rehab to cost $120K and ended up costing closer to $200k. Not every house is going to be a home run but there was certainly a lot gained in the experience and lessons that I will be applying on the next project.
The positive here is that the house turned out great and that the house will be enjoyed by a loving family for many years to come!
