Sunday, 13 May 2018

That Time We Did A Rental House Flip

A recent FB  memory came up about the time we did a rental house flip, on our own rental. THAT was a CRAZY year. That was the year (2013)our town flooded.  In fact, it was only a month after the flood, we were dealing with our own house, and the tenant had moved out, leaving extensive damage. To the tune of tens of thousands of dollars. We had no idea how we were going to afford it, but I knew if we could do the work ourselves, and stick to a budget we could do it.  That house was also the reason we got out of being landlords. We  had had rental houses for almost 15 years, and we were just over fixing another house,and having small kids, and not concentrating on our own.

For all of the headache, I actually loved working on it (and I would love to get another house that is a fixer upper.). I learned so much! I adore hands-on, and I loved being able to treat the house like a piece of clay. Though, I will admit, during the process, there were many tears, and panic attacks that ensued. I’d be lying if I said it was smooth sailing. People love the idea of having “properties”. To be honest, you can make money that way, but you can also lose money that way. And, they can be a huge headache.

I thought I would re-live it a littl,e and share the spaces. If you missed it the first time, these next few posts will be a great way to catch up!

Painted walls before and after.Great neutral

The back bedrooms were easy. Paint, re-carpet, and clean. You can see their before and afters here. The hard part was a teeny back bathroom.

Small bathroom make over before

It’s just a closet of a room, but the walls had something going on that was beyond reason. We just had no words. There were quite a few projects that went on,on a budget like the painted floor, painting the cabinets, and just making it prettier.

Small bathroom on a budget, adding subway tile

We carried a lot of the same things over like the faucets, and the subway tile, and kept the counter to save money.

The main bathroom was  an entire different animal. It was super-outdated with a tub surround, the floor tile was cracked,and it looked as if someone had been dropping bowling balls on it.

Small bathroom before renovation in a rental house flip

It was pretty rough. Luckily,the tub was in great shape, so we had that refinished, and everything else was completely gutted.

You can see some of the things we did here and here, and the entire process here.

Bathroom with white subway tile in bond pattern with gray grout

In the end, it ended up being a very simple, and clean looking bathroom. I remember buying the subway tile (remember it was 2013,), and the tile guy was like “This is so old-fashioned, nobody buys this anymore.” The tile itself was only about $200 in supplies, and it was super-affordable.

Bathroom remodel with White subway tile and beadboard on a budget

If he only knew the on-coming storm called Joanna Gaines, he might not have thought that. It’s funny that I was so ahead of the curve on that, but doing subway tile in my own house took so long... Aaaahhh…The shoemaker’s children syndrome.

It was fun to look through all of the old pictures, even though the rental house flip gave us heart palpitations at the time. It will be fun to walk down memory lane with you with the rest of the house.

 

 

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