Rental Renovations Complete PIPs

[susieq]

So I posted forever ago about our rental renovations.  Here is the link to that post for the before / during pictures.  Our tenants started moving in 58 days after we closed on the house.  It was so close with us getting everything done and them moving in that my after pics have some of their stuff already in the house! 
I will try to keep the pics in the same order that they are posted in the original thread.

Kitchen:



Living:


Front Bedroom:


Master Bath Corner Toilet:

[TBM]

Wow....you guys really did a great job.

[hausfrau]

That looks great! The kitchen looks like it will be very nice to cook in.

[emoflamingo]

Can you link the OP so I can get the full effect? I like it, it looks nice! So open.

(Just kidding, I'm apparently half awake.)

[bunnymendelbaum]

Great job!

[sratsey]

Lucky tenants. The place looks great!!

[nessness]

Love the floors! Nice job!

[pitterwoo]

oh I remember this now! Wow that's incredible all you did in such a short time.

Can you share more about how everything worked out budgetwise, like were you able to keep to your budget and timeline? Do you have other rentals or was this your first time?

[lys]

Fabulous job! Congratulations. Hope your life as landlords runs smoothly!

[susieq]

Feb 23, 2013 11:14:31 GMT -5 pitterwoo said:

oh I remember this now! Wow that's incredible all you did in such a short time.

Can you share more about how everything worked out budgetwise, like were you able to keep to your budget and timeline? Do you have other rentals or was this your first time?

Our original budget was $20,000ish.  We spent $30360.48  Part of the overage was that the floor joists and outer band of the house was in worse shape than we thought it was.  The other part is that we ended up hiring a handyman type guy to help with some of the things we just could not reasonably do by ourselves with DH working full time and me having two young kids at home. 

The only way we met our timeline was b/c of the handyman and my dad (who is retired) also came down for several days to help. 

This is the first rental that we have purchased.  We have done two other homes that we lived in while we worked on them but neither were as bad as this house.  This one would not have been livable while fixing it up.  There were too many dangerous flooring conditions to make it safe to live in any part of it. 

This property is next door to where we currently live is the only reason we even attempted to take on such a huge renovation project.         

We would love to have more rental property but the renovations from this one need to be paid off and a down payment saved. 

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[pitterwoo]

I'm really impressed with how much you did yourselves! And that budget overage doesn't seem too bad. H and I need to start moving much faster Doing projects while living in the home sucks though and I wish we could move out and just go at it.

[susieq]

Feb 23, 2013 12:41:03 GMT -5 pitterwoo said:

I'm really impressed with how much you did yourselves! And that budget overage doesn't seem too bad. H and I need to start moving much faster Doing projects while living in the home sucks though and I wish we could move out and just go at it.

Living in it and having to do it little by little is MUCH more difficult than being able to rip everything out and replace all at once.  We have been in our current home for 7 years and still have projects that are not done.  My laundry room only has crown molding on one wall (since before we bought the rental ). 

We were able to paint the entire house in a weekend.  All the walls except for the kitchen are the same color.  We have an airless sprayer for paint!  A few 5gal buckets and it was done.  It takes me longer than a weekend to paint one room in my house!  We also painted all of the trim before we hung it.  Some caulk for the nail holes and a little touch up paint once it was up. 

In all honesty with as much as we tore out it was more like building a house than renovating! 

[spankswife]

Looks great!! I can't believe you pulled it off in 58 days! Impressive!!

How do you liek those floors? T\hey look amazing!

[aweilba]

Looks great!  I love the floors!

[boiler717]

Congrats!

[goaskalice]

Amazing work! Your tenants are lucky to be living in such a nice place.