Here's the story ... well it really starts back in 2009 when I purchased my first fixer-upper. I was ready to own, not rent. So I started my search and by luck and the knowledgeable skills of my real estate agent I landed my first home in South Minneapolis. It was a blind auction and I won the bid. Holy cow! It was a beautiful 1910 home, original wood work, hardwood floors, a nice city size yard, and so much potential. The house was scrubbed from head to toe, painted inside and out, completely re-wired, remodeled the basement, kitchen & bathroom, and refinished the floors. I'm sure I'm forgetting something but this gives you a idea. The whole remodeling over a few years probably came to under $15k and the house sold for double what I paid. Yup! For my first property this home was a land slide and I loved it to pieces.
Fast forward to 2016 and I'm on the hunt again for my next property. I set a budget and had a rough idea of what I wanted. 3br, 1 ba, in the cities or close by with lots of potential. About 30 days into looking I was starting to feel like it would never happen. From August - November I looking at over 50+ homes and made 5 offers that were outbid! For every home I liked there were 10 others that were horrible. Not just icky, but, "please condemn this home and tear it down, the neighbors will thank you." Then finally one night, at 10pm, I'm searching the MLS and spot this perfect home...
- 3 Bedrooms, 1 Bathroom - Check
- Large city lot - Check
- Quite street & park close by - Check
- Lots of potential - Check check!