Anatomy of a Rehab - Finally Finished!

I still have a few last minute “tweaks” but I finally finished the rehab on 911 Worth.  I’ll pull together the final numbers and thoughts in a few days but I wanted to get the pics out so you can see the difference.  This should be available on MLS tomorrow at $179,900 using a flat fee listing service.

Some quick notes…
- I am fairly certain I ended up within $1k of my 40k budget.  Still waiting on a few final bills to come in…
- The glass on my wall oven was broken during the shipping to lowes so I had to order it again which cost another two weeks.  This is why it is not installed in the pics
- The floors look awesome.  I was able to find solid hardwoods for $2.65/ft which was well worth it.
- The rehab took way too long - 3.5 months.  This should have taken 8 weeks.  Basically one month was lost due to the holidays and I probably wasted an additional two weeks due to my own travels and inability to keep on top of things.

Check out the pics!  Click here for the FilmLoop of the before and after pics.

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9 Comments on “Anatomy of a Rehab - Finally Finished!”


By Niki. February 17th, 2007 at 10:43 am

Looks great! Good job.

By Randy. February 27th, 2007 at 1:42 am

Nice Job!! Looks like it took awhile, but it turned out great!

By Joe. March 11th, 2007 at 4:42 pm

Looks great. Good Job. I think you’ll do well on this one.

By Scott. March 20th, 2007 at 6:14 pm

Great job but do you have any advice you could give to a novice that will have to use OPM or HML to get started in this business?

By cassidy. March 20th, 2007 at 7:47 pm

Scott,

We’ll soon be adding more information on using hard money in the “tips and tricks” section of the dfwinvestors.net site.

Thanks,

Cassidy Lackey

By Jessica F.. July 18th, 2007 at 9:08 am

My name is Jessica and my fiance and I live in Granbury (45min from Fort Worth) We are a young ambitious couple looking to get into rehabbing properties as soon as possible! I stumbled upon this website researching the business, and came across your blog and couldnt stop reading. Kind of one of this warm and tingly feelings when you hit an “ah ha!” moment. Finally someone real who explains in detail from start to finish. Ive seen everything from books to infomercials on the business and didnt know where to start. My fiance has his own Trim construction business based mostly out of Fort Worth. We are looking for someone with the expertise that is willing to let us be their “protege” sort of speak. We just want to have a cup of coffee with someone willing to take time out of their busy schedule to answer questions we have. We are very serious and motivated…we just want to start off right and not leave anything overlooked. You seem like you are the right person or you may even know of someone that we could talk to. If interested please feel free to contact me via email. As for others reading this reply I plan on becoming a member of the website just as soon as they get dsl out here! (Dial up is frustrating!)Hope to meet new people in the business!

By Mark. July 25th, 2007 at 11:55 am

Hey Cassidy, I very much enjoyed your “anatomy of a rehab” at 911 Worth st. and was wondering what it finally sold for.

Thanks!

Mark

By cassidy. July 25th, 2007 at 9:37 pm

Thanks Mark. Check out http://www.dfwinvestors.net/blog/?p=122 for the summary and final numbers.

Cassidy

By Kevin. August 11th, 2007 at 12:19 pm

The property looks great. It may have taken a while but I am sure that the new owners will love it.

I am with Jessica, I know this is something I want to do but would like the opportunity to speak with someone who has done it before.

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