Who would have thought that a house that is 2 years old would need
rehabbing! I guess I haven't done that much, mostly just replaced the carpets. When the lease option didn't work out for the past
tenants because they didn't take the necessary steps to fix their credit I got the house back. The
tenants had dogs in the house and it smelled. I replaced the carpets and that fixed the problem. I have since also built a deck onto the back of the house and started to build a fence. The deck cost me about $400 in materials and took about 10 hours. For the fence I have only set two of the 8 foot 4x4. I only have 16 more to go for 1/2 of the fence! After having the house
on
www.forsalebyowner.com for a couple of weeks I had it under contract for 320k but their financing fell through. Since then I have showed it 30 or 40 times. Most people want the grass in the back yard installed. I am in the process of getting it appraised and pulling some cash out. The house should appraise for close to 360k. I am thinking more and more that it is a good idea to hold onto it so I am looking for another 2 year lease option. As soon as I get the cash from this one I will be working on pre-foreclosures in the Utah county area and in Colorado.
Who would have thought that a house that is 2 years old would need rehabbing! I guess I haven't done that much, mostly just replaced the carpets. When the lease option didn't work out for the past tenants because they didn't take the necessary steps to fix their credit I got the house back. The tenants had dogs in the house and it smelled. I replaced the carpets and that fixed the problem. I have since also built a deck onto the back of the house and started to build a fence. The deck cost me about $400 in materials and took about 10 hours. For the fence I have only set two of the 8 foot 4x4. I only have 16 more to go for 1/2 of the fence! After having the house 
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