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First time Home Reno (finished)

Posted on 6/8/20 at 2:08 pm
Posted by Athletix
Member since Dec 2012
5134 posts
Posted on 6/8/20 at 2:08 pm
In the process of closing on my first rental property. I plan on putting in a lot of sweat equity with help/guidance from some family members. I'll eventually update with all before and after pics, but first I want to source y'alls knowledge on where to buy stuff. I'm located in between Baton Rouge and Lafayette, so either area is accessible for me. I tend to shop mostly in BR. I'll make a list below of what I'll be doing, so feel free to toss out recommendations THANKS!

3Bed/2Bath 1200 sqft built in late 70s.

Things that will need to be done.

Roof- Contracting this part out. $4500-6k, will get firm bid in the next week.

Floors- Will be using LVP. Wanting to stay around/less than $3 sqft. Lowes/Home Depot/Specialty Store?

Paint- Buying an airless sprayer (Graco magnum X7). Where to buy paint, Lowes/HD/Sherwin Williams?

Counter-tops - Will be using Formica. Lowes/HD/Specialty store?

Washer, Dryer, Hot Water Heater, bathroom vanity x2 - These all seems like Lowes/HD buys. Deals should be popping up around July 4th for appliances, which I hope to take advantage of.

Misc items - sinks, fixtures, bifold doors (assholes punched holes in all the bifolds..) Lowes/HD

My rough plans are to get the roof done asap, but while it's in progress I'm going to replace some of the bottom exterior siding (T1-T11) and paint the entire exterior. Hopefully after painting the exterior I'll be a little more comfortable with the sprayer on the interior. Being that I'll replace the entire flooring, I'm going to prime almost everything with the gun. Then, paint the trim with the gun. Come back and get as much of the walls with the gun as I can get and roll the rest. Floor replacement once painting is complete. There's alot of little projects that I'll cover once I get to them, but big picture this is the approach.

Excited about the project/investment, but I'm pretty sure this project won't go nearly as smooth as I'm imagining.

Last question. For the roof, what you baws think about 1099ing the roofer? I know cash is king, but am I being greedy if I ask the roofers post quote for a W9, or should I do it pre-quote?
This post was edited on 4/5/21 at 11:23 am
Posted by Athletix
Member since Dec 2012
5134 posts
Posted on 6/8/20 at 2:08 pm to
A couple before Pics

This post was edited on 6/8/20 at 2:19 pm
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 6/8/20 at 2:17 pm to
add some baseboards here and there and a threshold where needed for uneven floor separations and leave the rest as-is, its perfectly fine for a rental and is in great condition just like that. only fix what you have to, as in the roof

when you do need to make repairs go cheap, super cheap with everything, because every time a renter leaves, you will have to do sheet rock repairs, appliance repair/replace, floor damage repair/replace, kitchen cabinet repair/replace, etc. renters always tear your shite up because its a rental and its not their shite

even if they leave the place in great condition it will need cleaning from top to bottom and a fresh coat of paint to remove odors and smells from god knows what they been doing in there

its a fact of life that every rental property will need major work done before rerenting it so always, always go cheap since nothing will last or be taken care of
This post was edited on 6/8/20 at 2:26 pm
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3932 posts
Posted on 6/8/20 at 2:21 pm to
quote:

Athletix

Have a feeling you’re going to hate yourself in about 2 months...

I’m confused on the 1099/W9 for the roofing. If you hire a licensed contractor, why would you need this?

Flooring: Specialty store. Are you self-installing? Most contractors also get a discount on the flooring.

Paint: Sherwin Williams is best, but it’s expensive. A lot of pros use Farrell-Calhoun for a cheaper alternative to SW.

Countertops: Why Formica? Granite is not that expensive, easy to keep clean, and may attract a better buyer/renter.

Appliances: Any place. Most places will price match as well, so keep an eye out. I ended going through Stines for all mine (same place as building materials) and they priced match anywhere.

Sinks/Fixtures: Specialty places will have a much better selection, but the box stores are fine if you can find what you like. I used specialty places and price matched the box stores when they were cheaper. Undergoing sinks were purchased from countertop fabricator.

Good luck buddy. Sounds like some work ahead of you.
Posted by Athletix
Member since Dec 2012
5134 posts
Posted on 6/8/20 at 2:29 pm to
quote:

I’m confused on the 1099/W9 for the roofing. If you hire a licensed contractor, why would you need this?


I'm buying the house through an LLC. When tax season comes, I want to maximize the deductions/returns. I need to sit down with my cpa (buddy) for some accurate guidance, just tossed that question in here to see how other people have handled it.

I will self install the flooring. LVP should go pretty smoothly, and of all the things I will be doing, this one scares me the least.

I'm in a formica counter-top market. Granite would be over doing it, and I'm not convinced it will bring higher rent in the area.

quote:

Have a feeling you’re going to hate yourself in about 2 months...

Yeah..
quote:

Good luck buddy.

and thanks

Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3932 posts
Posted on 6/8/20 at 2:44 pm to
quote:

I'm in a formica counter-top market. Granite would be over doing it, and I'm not convinced it will bring higher rent in the area.

I replied before the pics were up. Formica makes sense here.

Also agree with above, go cheap and reliable. The floors looked in okay shape as well, not sure why you’d go after them unless there’s some water damage or something not seen.
Posted by Athletix
Member since Dec 2012
5134 posts
Posted on 6/8/20 at 2:52 pm to
The laminate floors look a lot better in the pictures. They aren’t in great shape, and I’m targeting the upper end for rent in the area $1000-900. LVP should make it pop to secure an initial quality renter, and from what I’ve read it’s pretty durable. Should pay for itself pretty quick. But yes, I’ll buy good looking items, but everything on the lower end of the quality scale. For example I plan on leaving the bathroom tub/shower inserts. Got a small hole in one that I’ll need to patch. A good scrubbing will go a long ways, and they are functional and a fairly neutral color.

quote:

you will have to do sheet rock repairs

Wood paneling for the win! Got a buddy who says his wood paneling rentals kick arse. Just gotta touch up the paint. Until one of his renters kids carved their name into the wall haha
This post was edited on 6/8/20 at 3:01 pm
Posted by Cracker
in a box
Member since Nov 2009
19082 posts
Posted on 6/8/20 at 3:47 pm to
Paint is expensive good quality paint is worth every penny the PPG at HD is good and little cheaper than S&W pick 1 color stick to it so you can always touch up.
Sprayer? That is a tricky one they are great but you need to move with it it lays down a lot of paint, learn about tips pressure etc Tips wear out & get a extension for it and you will use a lot more paint than you will with a roller. Buy the 3m making tool for tape and paper. Replace the facia boards and gutters when you do the roof that can cause leaks and issues down the road that you won’t see many times until it’s to late. Collect rent in person Change the hvac filter yourself. Inspect the property each month, use quality connection hoses for your ice maker and washing machine put a pan under the clothes washer that has a drain. Get the commercial grade LVP buy a box or two extra. Charge extra for mowing and do it yourself. Diy pest control
Posted by alpinetiger
Salt Lake City
Member since Apr 2017
5864 posts
Posted on 6/8/20 at 4:08 pm to
Roofs are easy, especially at a pitch like you have. You could save close to 50% if you want to do it yourself. That looks like a 4/12 or 5/12 with no dormers, etc. You could buy beer for a few friends and strip it and have a new roof over a weekend to a week, 2k-3k. You may not even need to strip the shingles that are there.

My first house was a 10/12 pitch, built in 1945, so I (WE) had to strip three layers of asphalt shingles and also lay MDF over the original gapped slats. The pitch was crazy and was a ton of work, but in two weeks I had a new roof at a significant savings for a poor, new college grad.

You've got a flat pitch, no countervailing lines and no major flashings to deal with, so I would consider it if I were in your shoes.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 6/8/20 at 4:15 pm to
quote:

Change the hvac filter yourself. Inspect the property each month, Get the commercial grade LVP buy a box or two extra. Charge extra for mowing and do it yourself. Diy pest control


BINGO
Posted by MoarKilometers
Member since Apr 2015
20525 posts
Posted on 6/8/20 at 8:19 pm to
quote:

You may not even need to strip the shingles that are there.

He certainly should. 2nd layer of shingles always turn out poorly and it's and absolute cluster frick to remove 2 layers. Most importantly, stripping down to bare wood allows you to nail your sheathing down. In some cases for the first time lol. Unsure if that's required in Louisiana, but in Florida it is. Regardless, wouldn't live in hurricane country and not do that.
Posted by failuretocommunicate
Lafayette
Member since Dec 2007
1114 posts
Posted on 6/8/20 at 8:41 pm to
quote:

When tax season comes, I want to maximize the deductions/returns


Passive activity....so don't get too excited about all the taxes you think you'll save.

Also, check out Surplus Warehouse for materials.

Good luck
Posted by Man4others
Member since Aug 2017
2458 posts
Posted on 6/8/20 at 9:33 pm to
Congrats.

I’d buy flooring at a speciality store like Floor & Decor. I’d buy paint from Sherwin Williams. Eider White is a nice basic & popular color. I like a product called rockwol as a good insulator and sound damper and wrap your hot water pipes with pipe insulation to get hotter showers quicker.
Posted by Milescb28
New Orleans
Member since Oct 2008
218 posts
Posted on 6/9/20 at 6:07 am to
You get what you pay for with LVP. The wear layer thickness changes depending on price. So that's on you and your budget.

I have a graco sprayer and I'm using it to repaint cabinets. It gives you a very nice and smooth finish. Overspray is pretty bad but the different size tips help. It also is very fast and in my case setup and clean up take longer than spraying. Make sure you have a couple of buckets for cleanup with the sprayer.
Posted by Athletix
Member since Dec 2012
5134 posts
Posted on 4/5/21 at 11:19 am to
Forgot I made this thread, but glad I found it so I can post the results.

This project was difficult. My first home purchase to renovate was... challenging.

I really took on too much solo. I can do alot of stuff myself, but not alot of stuff by myself concurrently. Between work, family and this project I stretched myself pretty thin. Pretty bad timing because I was chasing a pretty big step up in my career while tackling the house. So, what did I actually do??

Roof cost me $5800 for a contactor to do

I installed Lowe's brand LVP up until the very end when I just needed to get it finished. Payed a guy $600 to finish the edges of the rooms and about 200 sqft. Had to replaced some rotten subfloor in a couple spots.

I painted the ceiling and primed the entire house. Then realized I despised painting and paid a painter to paint everything for $3000.

I left the countertops. Actually liked the old wood look, and the old tops were very durable.

I put in recessed lighting in living room/kitchen, changed out all the outlets with a couple having usb ports. New bifold doors, changed out all appliances except fridge. New fixtures everywhere.

Issues I ran into. The stove/dishwasher/cabinet corner was screwed up. Don't have a before picture, but the stove didn't sit flush under the hood vent. The stove and lowers were shifted about 6 inches off center. Never noticed it until we started working in the house. Once I noticed it we had to fix it. Jees... That project was a real stressor and pain in the arse. Once I cut the counter top and started altering the cabinets, I began to worry that my measurements might be off a bit. With each cut I was moving the stove and top drawer closer to the dishwasher. Well the first dishwasher I bought had a handle about a half inch to far out and everything was colliding. Eventually, I found a dishwasher with a recessed handle and all drawers and appliances could be opened without issue.

There were about 1100 water leaks under the house. Fortunately they weren't too bad to work with, because the house is elevated enough to crawl under. However, I ran into 2 snakes while working under the house (lost about 12 years off my life span).

My initial renovation cost estimate wasn't bad, but I was way off. I thought my top end renovation costs would be about 15k with 18k being worse case scenario. I finished up at about 22-23k spent during this renovation. The painter labor, tool costs, and random home items (fixtures, mini blinds, stuff...) were my big misses in the initial estimate. A couple thousand was spent on tools I bought that won't need to be bought again.

I started working on the house in July and finished in January. I think this project should have been done in about 3 months. The next house I purchase will go much quicker. I've identified what work I can efficiently do, and I will contract out the rest. Renters are in the house and it's renting for more than my initial guess.
Posted by Athletix
Member since Dec 2012
5134 posts
Posted on 4/5/21 at 11:20 am to

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This post was edited on 4/5/21 at 11:26 am
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