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Memphis Real Estate Investing

3 min read

Memphis Invest Turnkey Transformation of the Week!

Tue, Jan 8, 2019

Dallas_Turnkey_RenovationToday we're in Dallas, TX for our Turnkey Transformation of the week! This 3 bedroom, 2 bath home is dark and damaged and in need of quite a few repairs. Not only did we put on a new roof, we replaced any rotten wood in the home as well as built a new wooden fence. Once our project managers and vendors finished the job, this property looks as good as new! Scroll down to see the completed renovation and to see all of the before and after pictures!

One of the biggest issues with this Dallas home was the rotten wood on the exterior of the property. Sometimes rotting wood can spread and lie unnoticed in your home for long periods of time, only revealing itself when it's too late. The best way to prevent wood rot in the future is to maintain your gutters and keep them clear for rainwater. And also for good measure, you should  add covered entrances to your exterior doors and make sure that your home is well ventilated so you're not trapping moisture.

In addition to the rotten wood and roof, there were ceilings falling in, outdated tile and wood paneling, and wallpaper. With all of these repairs, it took 151 days for our team to complete the projects for this property. A neglected property like this means there's a lot of work to be done to get the house fixed and to our standards, but we did it with a $55,000 budget.

Related Article: A Deeper Look Into Dallas/Ft. Worth For Real Estate Investors

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About this Transformation:

The owner of this Turnkey Transformation is from Michigan. This was this investor's first of two properties with us, and they found Memphis Invest through Fortune Builders, a company that offers real estate investment coaching and training.

This property was renovated for our Memphis Invest client, here's more info about the house:
- 3 bedrooms, 2 baths
- 1,012 sq. ft.
- House was Built in 1971
- New Water Heater
- New Air Handler
- New AC
- New Roof
- New Garage Motor
- New Garage Motor & Door
- New Dishwasher
- HVAC, Plumbing and Electrical repairs as recommended by licensed contractors.

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Chris Clothier
Written by Chris Clothier

Entrepreneur, writer, speaker, ultra-endurance athlete, husband & father of five beautiful children. Chris puts these natural talents on display every day. As a partner at Memphis Invest, Chris addresses small and large audiences of real estate investors and business professionals nationwide several times each year. Chris is also an active writer, weekly publishing real estate, leadership, and endurance training articles.