Flipping House Series: The Junk House Part 1

The next house in our Flipping House Series is The Junk House. This was a foreclosure and to say the least when the people left, they left behind more than just their house. The kitchen was very dated and the carpet had to be replaced. While doing our initial walk through and filling our our Property Repair Estimate Sheet, we were able to assess that the carpet had hard wood floor underneath. BONUS! Hopefully we can refinish is to add a wow factor to this flip.

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Let’s look at some of the main areas of focus of The Junk House.

Kitchen

As you can see the kitchen is very dated with a color appliances we haven’t seen since maybe Reagan was in office. The cabinets are nice though and we may be able to refurbish them.

Bathrooms

The bathrooms are also very dated and will need some work. We will definitely get get of the pink paint and the patterned wall paper.

Ceiling Leaks

We noticed a few leaks in the ceiling during our initial run through. We will have to get to the bottom or “top” of this problem as a ceiling leak can mean a problem with the roof. We will know more once we get the roof inspected.

Basement

Junk, junk and more junk. So this is where this house got its name; from all the junk left inside. As you can see we have quite the feat ahead of us going through the basement and clearing it out. Only then will we have a clear view to assess any problems with the walls and/or foundation.

Here are some other before shots of The Junk House. Stay tuned to see how it gets flipped!

Bonus Room

Wood Paneling

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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.

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