Artemis After-Rehab Video

Bread and Butter

Shauwn and I just finished a great little bread and butter property called Artemis. We bought it mainly for its character and what we thought we could change and do with the house.

When we bought this house it looked really scary, and a lot of investors passed it up. But we bought it ourselves, rehabbed it, and invited some of those investors back over so they could see what a finished project looks like.

Rehab

When we bought the house it was all carpet, so we replaced the entryway with wood. We also converted the garage into an extra room and opened it up to the rest of the house instead of just putting in a door. We put in these great two inch blinds which ended up being a great touch, but left a lot of great details that came with the house like the wood trim above all the windows.

We thought the kitchen was the focal point of the house, so we added new tile back splashes. This great antique ventahood came with the house, which is operating and looks great- all we had to do was refinish it. We tore everything out of the back, including the shed, and ended up with a nice clean backyard.

In the hall bathroom all of the counter tops and walls were pink tile. So we came in and refinished all of it, changed out all the fixtures, changed the hardware on the cabinets, and refinished the tub.

We chose to put carpet in the bedroom because we thought it felt a little better, and updated the entire master bath. We changed the tiles, the sinks, and the back of the shower, which we think is a big selling point for this house.

Ugly Houses

We bought this property for $45,500. Rehab was $16,000, and there was $2,000 in closing costs which puts us all in for $63,500. We expect to sell it for $92,000, which would give us a profit of $28,500.

The best thing to take away from this is don’t pass on an ugly house just because its ugly!

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