On August 6, 2021, our team closed on a new investment property in Commerce City, Colorado. We were ready to get back in the game, roll up our sleeves and dive into a rehab project.
This project will be a BRRRR – a house we buy, rehab, rent and refinance to get our money out and continue on to purchase another project. Here are the details of the rehab:
It’s a 4 bedroom, 2 bath house, with 2,500sq ft. The house has been gut and everything will be updated: kitchen, bathrooms, basement, new egress window, plumbing, appliances….it will be a brand new house!
Both the front and backyard will need lots of love. We made friends with the neighbor, which we always encourage when you’re rehabbing something, and we will be splitting a fence with him. A win-win for both of us!
Both bathrooms will be completely rehabbed, with all new everything. We have already purchased the double sink vanities and are in love with them!
The house has been completely gut and everything will be brand new – we’re excited to see it finished!
The goal is to have it complete in mid-November – with it rented shortly after. To-date, we’ve had demo complete, electric work is almost finished, flooring has been ordered and delivered, egress window is put in, river rock has been delivered, and the appliances have been ordered. This property needs it all, so making sure we move things along each week will be important.