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Heights Drive Rehabbing Case Study - Part 2

1,557 views · Published 8 August 2012 · 4:41 · Indexed 12 October 2026

Channel: Josh Cantwell, Real Estate Investor · 2012 · Education

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I'm back with another installment of My Life In Real Estate, this time checking in on one of my most recent rehab projects - 193 Heights Drive.

In this video, we're just days away from listing this house for sale, so I'm going to walk you through the progress that we've made and she you what final touches need to be added.

As a reminder, we purchased this house for $43,000 and we put in another $30,000 in rehab costs for a total of $75,000. We'll list the house for somewhere between $139,000-$144,900, and probably sell it for $125,000-$128,000. That will leave us with a net profit of somewhere around $40,000-$45,000.

As with our other rehabs, weíve put in new flooring, doors, carpeting, remodeled the kitchen (remember, the ceiling collapsed in this one!) and bathroom. In the basement we had to allocate some cost for mold remediation. It looks like there is a lot more to do than there really is this project should be wrapped up in about a week or so. Right now it's the final touches, followed by a thorough cleaning and then we'll stage it and get it on the market!

I love finishing a rehab so I can sell it and raise capital for our next project!

To learn more about how to rehab bank owned and government owned properties without having to swing a hammer or do the work yourself, visit http://www.srecrehab.com. Check out how my friend Carrie did it while she was pregnant. Then come back to this page, leave a comment and tell me what you think.

Also check out http://www.strategicrealestate.com for more information!

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