Flipping House Series: The Big Basic House

Our next house in our Flipping House Series is The Big Basic House. Two things about this property: it was a pretty basic flip, as our team found items that are expected in most foreclosures, and it was a larger house.

Here’s a look at some of the before shots of The Big Basic House and what problems our team encountered.

The Basement

As with a lot of foreclosures, since the bank turns the power off  it never fails we have a hard rain. Well the sump pump of course failed and we had some water damage in the basement. There is also some evidence of mold that will have to be removed.

The Windows

Unfortunately with the heavy rain another issue was apparent in our first walk through and dully noted in our Property Repair Estimate Sheet. It seemed the windows were replacement, yet installed incorrectly and they leaked….bad. So bad in fact that the drywall around the windows needs to be replaced as well.

Kitchen

Here are the before shots of the kitchen.

Bathrooms

And lastly here are before shots of the bathrooms that will need to be remodeled.

Be sure to check back frequently to our Flipping House Series blog to see how The Big Basic House turns out.

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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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