Flipping House Series: The Money “Drain” House Finale

December 9, 2013 Comments Off

If you remember our play on words then you remember The Money “Drain” House had a patio outside the walkout basement door that filled up with water when it rained and the water leaked into the basement. This of course happened AFTER our team bought it. So, our team had to fix a problem that we had not planned on fixing. With that major issue out of the way we have made great progress on The Money “Drain” House.

So here’s what we have done. We removed the overgrown shrubs and freshen the landscape beds as you can see from the above front

elevation shot. We gave it a new coat of paint through out the interior and also new carpet, vinyl, and tile throughout.

Kitchen

We were able to save money by rehabbing the cabinets in the kitchen. Here is the main after shot of how it turned out. We added nice black appliances to make them really “pop” against the white cabinets.

The Bathrooms

Here we added a “wow” factor with ceramic tile tub surround instead of plastic surrounds which were in all the comp houses. Also ceramic tile flooring in bathrooms. Notice how all the colors are very neutral here.

Updated all lighting fixtures. Here is a shot of the fan fixture in the dining room and one in the foyer area of the upstairs.

Here is a look at how the back yard with the deck turned out. And then another shot of the walk out basement with the patio outside where we fixed the leak.

For a look at the before shots click here.

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Erik Hitzelberger has been Real Estate Investor since 2007. While learning the ropes in the market down-cycle, he now teaches others how to use his systems and leverage other people’s expertise to achieve their own goals.

Erik Hitzelberger – who has written 194 posts on Part Time REI.