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We took the plunge!

Posted By Message

Bxgell2
Perfection

Member since 5/05

16438 total posts

Name:
Beth

We took the plunge!

We bought an investment property! Chat Icon We made an offer on a tiny, 850 sq/ft rowhome, 3 blocks away from Temple Univ. in Philly, and they accepted it!

The thing is a shell - everything was stripped, just studs on the walls and flooring. But then it looks like there was a small fire on the 2nd floor. We're hiring someone to redo the roof, put up all new sheetrock for the walls, and install new flooring, but the rest of it, we're doing ourselves.

End result - hopefully we'll be able to rent it out to students and make a nice little yearly profit.

I figure, it's a small little rowhome, and we bought it for dirt, dirt cheap, so how extensive/expensive can it really be? I know, I know, Murphy's law will teach me, won't it? Chat Icon

Posted 2/19/08 8:17 AM
 
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SweetCin
My green-eyed boy

Member since 5/05

13499 total posts

Name:
Cin

Re: We took the plunge!

Best of luck!!!! Congrats! Definitely take a lot of before/after shots

Posted 2/19/08 8:20 AM
 

Bxgell2
Perfection

Member since 5/05

16438 total posts

Name:
Beth

Re: We took the plunge!

Posted by SweetCin

Best of luck!!!! Congrats! Definitely take a lot of before/after shots



I really don't think you guys want to see the befores. Just envision a bordered up crack house, and that just about sums it up Chat Icon

Posted 2/19/08 8:24 AM
 

TreAnt427
-

Member since 8/06

8652 total posts

Name:
Tracy

Re: We took the plunge!

Good Luck with it! Chat Icon Chat Icon Chat Icon

Posted 2/19/08 8:26 AM
 

JldDolphin

Member since 1/07

6929 total posts

Name:
Jen

Re: We took the plunge!

GL! Congrats! Chat Icon Chat Icon

Posted 2/19/08 8:59 AM
 

Mrs. Patticakes
SPREAD KINDNESS

Member since 9/06

17330 total posts

Name:

Re: We took the plunge!

Good luck!! We DO want to see before and afters (and you will too when you see it finished) Chat Icon

Posted 2/19/08 9:03 AM
 

PotofLuck06
Our Baby Boy Is Here!!!

Member since 11/06

13241 total posts

Name:
Betsy

Re: We took the plunge!

Good luck with the remodel!!!!!!

Posted 2/19/08 9:07 AM
 

leese
Sarge!

Member since 5/05

1965 total posts

Name:
Leese

Re: We took the plunge!

Wow! That's awesome. Congrats! :)

Posted 2/19/08 9:13 AM
 

2Pisces
Life Coach

Member since 2/06

3337 total posts

Name:
Paige

Re: We took the plunge!

That's great. Good Luck! Chat Icon

Posted 2/19/08 9:59 AM
 

monkeybride
My Everything

Member since 5/05

20541 total posts

Name:

Re: We took the plunge!

Good luck Beth! I know you and G will turn that 850 sq ft into a palace!!

Posted 2/19/08 11:29 AM
 

Janice
Sweet Jessie Quinn

Member since 5/05

27567 total posts

Name:
Janice

Re: We took the plunge!

my sister went to temple...from her sophomore year on, her friends always rented houses. It seems like the really popular thing to do there.

good luck!

Posted 2/19/08 11:33 AM
 
 

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