6829 W. 74th Ave. - The Potential Within

When dealing with real estate its best to keep an open mind.  One of the biggest differences between regular home buyers and flippers is that flippers are able to see past what is there to the potential that house has where as home buyers only see whats infront of them.

This couldn't be more true than with our new project on 74th.  The previous owner was not only a hoarder but also thought he was a handy man and tried to 'fix' the house himself.  Here are a few pictures of the house before we started work.

A good flipper is able to look past personal property, broken fixtures, over grown yards and see the main structure of the house.

These pictures were taken after we had already closed and given three extra days before taking possession of the house.  Unfortunately, the seller did not move out during the 30 days  before closing which is an issue I will discuss in a later blog post.

Once we were finally able to take possession of the property the first thing we did was clear everything out.  We were unsure what we actually  had because each room was filled with so much stuff we could not even walk into some of them.


















 
This is what the house looks like as a blank slate....

Front living room

               Kitchen (minus appliances)

Master bedroom

  Back yard (minus tree stumps/logs)

Basement bedroom (with out walls)



 



In this state it is much easier to see what work needs to be done.  Luckily the main room has hardwood floors through out that just need to be refinished but this is the only item that we will be able to reuse from the property.

In my next post I will go over why most investors stayed away from this house and ways to over come obsticles of evicting a tenante and horribly done 'handy man' repairs.

Until next time happy renovating!