It’s been two weeks since I closed on the Crestwood house. I pulled my handyman off work on the Williams house so we could go for a quick flip on this house. Below is the work that has been completed:
Property Insurance: $359.84
Clean Out the House: $180
Water Deposit: $125
I also paid a $5 wiring fee when I bought the house. This brings my total investment to $108,409.59. My handyman has started painting the house, and I expect him to be finished next week. The salaried handyman’s pay is not included in this total because he spends significant time handling tenant maintenance.
The next step is to finish the painting, replace the carpet, and repair the rotten wood on the deck.
Update: The painting is complete.