Coming into this rental turnover I set a budget of $2700 to restore the house into an acceptable rental.
As of today, 11/3/2024, I have spent a total of $1297.54
Cost break down:
- Kitchen sliding door – $562.32
- Paint and materials – $483.55
- Food for people that came to help: $48.77
While that looks like I’m still under budget, I still have not added the cost of paying the mortgage. That’ll be another $1500, making me go slightly over budget.
If I’m able to finish the house with the materials that I have now, I should not be too much over. The only other costs I could see would be another bucket of paint. I will do my best to finish the house with what I have now. Only time will tell.
Plan for the week
I need to finish this house by this coming Friday. The good news is that I’m off work on Tuesday and Friday of this week.
- today: get the fence up and seal interior holes that weren’t sealed by tenant. Also, trim trees in the back.
- Monday: finishing painting both rooms that are left and add wood filler to outside of house (front)
- Tuesday:
- Paint the bathrooms
- Fix drywall in kitchen
- Buy baseboards and add them to kitchen
- Add trim to kitchen door
- Replace rotted piece of wood in the front
- Sand wood filler in the front and paint
- Wednesday:
- Paint kitchen
- Clean stove
- Paint sliding glass door in living room
- Unclog drain in bathrooms
- Thursday:
- Clean up the house
- Touch ups in the house where needed
- Friday:
- Pressure wash the house
- Now lawn
- Take all trash out and remove everything else that was left by tenants
This will be the schedule I follow. I’ll try to get ahead on some of these tasks, but as I’m working on this house I tend to run into other problems that require attention. That’s the nature of the business though.