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For the last month and a half or so, I have been putting my blood, sweat, and tears into fixing up this house. Here are the results of my efforts:
Here’s a spreadsheet of every cost I have incurred.
All this info will be in the left sidebar for future reference. Since this was my first “major” rehab, I learned a lot during the process of fixing this house up as compared to the first two, which were relatively easier. Besides new skills such as laying laminate flooring and tile work (and dealing with mold!), I learned a lot about the management side of this business. I know I can’t do all the work myself, and shouldn’t. Ideally, I would do very little of the work, and hire most of it out and still be in the green. Eventually I am going to want my properties to be managed to make this whole thing even more passive.
Besides stuff related to construction and business, I learned a lot about relationships as well. A friend who has been helping me had to suddenly cut back on his hours due to his significant other and personal situation. It helped me realize that I am in an amazing relationship with an amazing woman and have it way better than most married guys. Heck I’m even going back to Vegas in December without her. Whether you’re married or not, enjoy the personal freedoms you’ve been given and appreciate the time you have with your loved ones. Being away from my wife for nearly 2 months has helped me learn to appreciate the time we have together even more.
Kind of went off on a tangent there, but I have learned a lot about many different aspects of business and life through this house. I am hoping it goes well with renting it out and I’m ready to move on to the next adventure. Every house has been a unique experience and I look forward to what the future holds! 🙂