House Flip Story: Diller Ave – Update 1

Here it is. The beast, the nemesis, the magic mansion that will soon turn into dollars falling from the sky -- God willing. This, my investing pals & pallettes, is Diller, and like the comedian of the same name -- in its heart, Diller thinks she’s beautiful, but she needs some serious cosmetic surgery to bring her back to life.

Even though its been vacant for some time, the house is in remarkable good shape. The problem is, she was broken into a few apartments, and the layout is beyond horrible. We won’t have to do a full gut, but because of the house’s sheer size, the rehab budget for this one is $70,000.00.

We’ll bust it up and make a gorgeous modern layout, add 3 full baths, and 2 1/2 baths. We’ll gut the kitchen, transform the attic into an fabulous owner’s suite, make the front porch into a all-season oasis, add some stone to the facade, replace all the windows…. You, know, we’ll do what we do!!!

Here’s the kinda lame before video. Stay tuned for more.