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The Anatomy of a Rehab

October 21, 2014 by Kevin

I have a property that I bought several years ago. When I bought it, the property came with tenants. Those tenants were happy to stay in the property and I was happy to let things ride for a while. I knew that whenever those tenants left, some major work would have to be done. Well, those tenants have just moved out and now we get to do a major rehab.

Here are some pictures showing the property’s current condition.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

It is a nice 2 bedroom, one bath home in a great rental area, but it has been neglected over the years.   As you can see from the pictures the property needs a new roof, paint inside and out, kitchen and bath upgrades and the hardwood floors refinished among other things.

I thought it would be interesting to go through this rehab here on my blog, talking about timelines, materials, expenses, complications, etc.

Work is now underway. So look for updates in the near future as we go along.  Stay tuned!

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Filed Under: Everything, Maintenance and Repairs, Rehabbibng Properties

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Kevin Perk has been investing in real estate in the Memphis, TN area for over 20 years. Read More…

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