Rehab Project during COVID – 19

Goal

My initial goal when I acquired the property was to update the property to the latest trends. That goal quickly after the COVID -19 mandated restrictions. The goal then changed to get in and out as quickly as possible before the entire real estate market shuts down.

Budget

$15,000

City

Kansas City, MO

What we learned

This property is hitting the market on April 2, 2020.  We will quickly be able to surmise if the COVID - 19 virus will impact us and if we are listed too high.  TBD. 

This property was purchased two weeks prior to the COVID outbreak in the US and the mandated 15 day quaratnine set by President Trump. My initial goal when I acquired the property was to update the property to the latest trends. That goal quickly changed to get in and out as quickly as possible before the entire real estate market shuts down. I completed the update within two and a half weeks, but unfortunately our appliances didn’t get delivered until week four so it sat for a week which in lieu of the outbreak caused a bit of concern. My goal is still to make my projected profit with multiple offers.

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