SkiBum.Just bought me a home. Second one I have owned now. Right place, right price and I jumped on it and all worked out.
Home is in good shape structure wise, but causmeticly needs help. Wifey and I are currently living in basement where there is a bed/bath/living room. We plan to pick our battles with the rest while still living downstairs.
Anyone ever done similar and if so please share stories.
mystery3He said ''right place'' which is very important in many markets.
People also make ''a ton of money on that shit''
I basically gutted my house while my wife was pregnant with our first child. Added a bedroom, remodeled the bath, kitchen, flooring, plumbing, electrical. What do you want to know?
Will you be doing the work yourself?
Did you budget properly on the purchase price and remodeling costs?
I'm also in the middle of gutting my second home. Made decent $$$$ on the first one.
My advice is don't start anything without having your ducks in a row. ex. if you're doing a bathroom, try and buy everything in advance and have it set up and ready, pick the tile, pick the floor, the faucet, get the vanity. It'll go quickly if you're not running out to get shit or pick shit out.
my first house I bought the new kitchen cabinets and the same day ripped my old kitchen out, big mistake. I could have done a lot of plumbing and electrical before hand as well as decided on alot of stuff. Also would have gotten better deals if I wasn't time crunched. Second house I had everything set up and purchased most before hand. Was only out of a functional kitchen for a few days.
Also, some jobs you can do yourself, some don't even bother. I don't even consider mudding and taping anymore.