A House I Just Finished Renovation

A client of mine was going to purchase it, but changed his mind after I promised the seller, so I had to buy it :-(

In Vienna, the best location.

See the front-

I just power washed the siding and repainted the shutters and gutters. Also built the step and walkway for $3000.

 

Kitchen-

Cabinet and granite countertop, labor and material $4200. Who can get this deal? The other estimates are all over $7000.

Luxury appliances on sale in HomeDepot so I saved at least one third of the price.

See the old kitchen-- I tored down the box at the top and added an island.

 

Foyer-- the previous owner had never painted the handrails. I just painted it two layes and it i

s shining.

 

 

 

 

Living, dining, and family room-- Hardwood floor, labor and material $5/sqft. Best price only for me.

 

 

 

Master bath--

Originally, there is a hallway inside the master bedroom and two doors in the hallway. One to closet and one to the bathroom. I wanted to utilize this space by re-arrange it, but I made a mistake by putting a large triangle jacuzzi into a small bathroom, so not much space for sink.

 

Also new carpet for the whole upper level, 4 bedrooms, hallway, and stairs, for only $1450. Deal or not?

Purchase price- $500K.

Assignment fee- $11K.

Points $20K.

Closing cost $15K.

Renovation cost so far- $32100. $2-3K more to install garage doors, etc.

Listed for $749900. The lowest price in whole Vienna for any house built after 1990.

$10K more interest to pay. $22K commission to pay the buyer's agent.

Projected net profit $120K. For the past 19 days, 12 hours per day. Very hard work.

所有跟帖： 

• 不错，不过偶更喜欢黑色、深咖啡色的地板、白色或深咖啡色的橱柜 ^^ -卡布琪诺- ♀ (0 bytes) () 11/20/2011 postreply 10:19:30

• Maple Cabinets are welcome by most buyers right now. -va_landlord- ♂ (51 bytes) () 11/20/2011 postreply 14:09:32

• 房子内部不错，外面没特色 -maa- ♀ (0 bytes) () 11/20/2011 postreply 10:24:32

• Right, it will be much better to add a porch in the front -va_landlord- ♂ (29 bytes) () 11/20/2011 postreply 14:10:15

• 这样挣钱太容易了。一般银行不是要等6个月？现在没这限制了？ -喜欢折腾- ♂ (0 bytes) () 11/20/2011 postreply 10:30:29

• FHA loan has three months limit, not regular loan -va_landlord- ♂ (39 bytes) () 11/20/2011 postreply 14:11:38

• 真不错。 -二狗娘- ♀ (0 bytes) () 11/20/2011 postreply 10:32:15

• Thank you :-) -va_landlord- ♂ (0 bytes) () 11/20/2011 postreply 14:10:46

• 佩服老地主！一言九鼎，有魄力！ -甜齿- ♀ (0 bytes) () 11/20/2011 postreply 10:37:47

• Thank you for the good words :-) -va_landlord- ♂ (59 bytes) () 11/20/2011 postreply 14:12:36

• 那个tub兼shower，怎么挂帘挡水？ -房崇- ♂ (0 bytes) () 11/20/2011 postreply 10:37:49

• 老兄眼睛真厉害。 -喜欢折腾- ♂ (45 bytes) () 11/20/2011 postreply 10:56:49

• 转手倒卖，不用考虑的太多。 -在野党- ♀ (0 bytes) () 11/20/2011 postreply 11:37:43

• 房大师眼睛厉害！就算能挂浴帘，窗户不是要弄湿了？ -甜齿- ♀ (35 bytes) () 11/20/2011 postreply 11:51:10

• Bendable Shower Rod with ceiling support -va_landlord- ♂ (0 bytes) () 11/20/2011 postreply 14:08:17

• 弄的很不错啊，renovation 的成本非常低。 不过你们那里的房子还是相当贵的。 -HenryLi- ♂ (233 bytes) () 11/20/2011 postreply 10:57:34

• 还有税。 -喜欢折腾- ♂ (0 bytes) () 11/20/2011 postreply 11:00:22

• 还有他自己的除了做 renovation 以外要花的时间， -HenryLi- ♂ (72 bytes) () 11/20/2011 postreply 11:09:06

• 老地主房地产生意，搞的是最好的，要向他学习，不要嫉妒。 -汉语能力- ♀ (0 bytes) () 11/20/2011 postreply 11:40:12

• 没事一边去吧， 整天唧唧歪歪的有意思吗？！ -HenryLi- ♂ (0 bytes) () 11/20/2011 postreply 11:47:15

• The work in these 19 days was very intensive, but -va_landlord- ♂ (44 bytes) () 11/20/2011 postreply 14:14:01

• Great job! Congratulations. -zhao04- ♀ (0 bytes) () 11/20/2011 postreply 11:01:08

• Thanks a lot! -va_landlord- ♂ (0 bytes) () 11/20/2011 postreply 14:14:31

• VA房子这么贵啊?这样的房子要75万? -偶尔到此一游- ♀ (0 bytes) () 11/20/2011 postreply 11:09:58

• This is at the best location of the best favored town in DC metr -va_landlord- ♂ (237 bytes) () 11/20/2011 postreply 14:16:44

• 我有个国内的朋友对你这个房子非常有兴趣，我让他给你打电话，恭喜发财。 -在野党- ♀ (0 bytes) () 11/20/2011 postreply 11:35:27

• 慢慢看出来你是谁了， 够无聊的了。 -HenryLi- ♂ (31 bytes) () 11/20/2011 postreply 11:49:05

• OK. I am open to sell to anyone, especially our own people. -va_landlord- ♂ (0 bytes) () 11/20/2011 postreply 14:17:42

• 多大的房子啊？很快能出手吗？ -lavendar~- ♀ (25 bytes) () 11/20/2011 postreply 11:44:57

• I priced the lowest in Vienna for similar houses, so -va_landlord- ♂ (99 bytes) () 11/20/2011 postreply 14:18:50

• 每个月要付接近 5000 的利息？ 你这个是什么 loan， 你说房子买价是 500 K啊。 -HenryLi- ♂ (20 bytes) () 11/20/2011 postreply 17:48:26

• hard money -va_landlord- ♂ (0 bytes) () 11/21/2011 postreply 05:42:18

• 非常佩服懂装修的人~~~~祝老地主生意兴隆~~~~ -舞女- ♀ (0 bytes) () 11/20/2011 postreply 11:54:12

• Thank you :D -va_landlord- ♂ (0 bytes) () 11/20/2011 postreply 14:19:22

• 需要在大门入口外面加个棚顶和两根柱子。。。 -园田- ♀ (0 bytes) () 11/20/2011 postreply 11:59:42

• That's what I wanted to do, but ran out of time -va_landlord- ♂ (0 bytes) () 11/20/2011 postreply 14:19:55