Pete’s Rental Property Renovation {Day 3}
For those of you that have been impatiently waiting in agonizing pain for the progress on this Buy + Hold Flip, this is for you. (Oh and, for those that are just the normal folk in the world that may have stumbled upon our blog) — Here we are at Day 3 of Pete’s Buy + Hold Rental Property Renovation. Let’s take a quick look back at all items on Pete’s To Do list for his home.
- Tear off all wall paper
- Paint the entire house, including ceilings, walls, baseboards and doors
- Fix the garage
- Put up a 6′ fence along one side of the house
- Tear up carpet and put new carpet in the basement
- Renovate all 3 bathrooms (new toilets, shower, vanities, replace floor in 1 bathroom, fixtures)
- New fixtures and hardware throughout the home (door handles, hinges, light fixtures, faucets)
- New kitchen stove
- Clean up outside
- Paint the shed in the backyard
His budget for all of this was $8,365. Stay tuned to find out how his budget turned out, the Dos and Don’ts for next time around and to see the finished product of this Rental Property Renovation.
