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Home » 03/08/23 – Crestwood – Renovation Begins

03/08/23 – Crestwood – Renovation Begins

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
Materials: $682.30
Water Deposit: $125
Materials: $544.93
Landscaping: $500
Commission: $500

Total: $2,892.07

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.

What’s Next

The next step is to finish the painting, replace the carpet, and repair the rotten wood on the deck.


Update: The painting is complete.


  • Real Estate Adventurer

    Don has been a real estate investor for over 15 years. He has accumulated over 70 rental properties and completed many house flips. Don currently owns a property management company and acts as a hard money lender. He writes on real estate investment, often divulging financial details, with a direct, no-nonsense style. In addition, Don is a software consultant and an accomplished software developer with a Master's degree in Computer Science.