I’m flying over West Texas and New Mexico as I write this. I’m reminded of the amazing diversity of the landscapes around the US. So many beautiful mountains and smooth valleys to enjoy. It reminds me that land abides. If you own land, it ain’t going anywhere. No wonder I like what I do with houses and land so much.
And believe it or not, that leads me right into today’s post, which is a more detailed update on the group of properties Lee and Sue Ann (the Hermits’ Rest half of our company) recently bought (the ones I showed a couple of photos of earlier this week). We’ve mentioned these before—a group of four houses and a warehouse on the major road into the town of Cameron. It turns out that there are actually six lots—one has nothing on it right now. Ooh, potential!
While we are still working on the house that will be our office (next is refinishing the hardwood floors we found in what was once the master bedroom), we have also started the rehab process on the first of the two houses on either side of the office house, as I shared last week in the Busy with Business post. It’s the easiest one, so we know we can start earning money off it sooner.
This house has a lot of vintage features, though it had a hard time as a rental property the past few years. It’s got a great front porch, as you can see in the pictures. Inside is a very large living and dining area, a big kitchen (in need of a lot of help), and two good sized bedrooms.
What will we be doing? Well, as the pictures show, our first priority is to paint it, starting with the exterior. It’s going to be my favorite tan, “honeyed pear,” with white trim. Here are another couple of pictures of painting prep. It won’t look too much different than it does now, only rotting areas have been replaced and the paint will no longer be peeling (instead it will be appealing, ha ha). Thankfully, it has a great metal roof, so that can stay. We also have to trim the tree in front, so the branches don’t scrape the roof, or worse, fall on it during a storm.
On the interior, we will replace the flooring with some nice vinyl planks, after repairing a couple of holes and making sure the foundation is holding up. You can see that all the interior doors are being painted white, which will make the house look more modern and larger.
There are broken windows, thanks to previous renters, and of course those must be replaced. It’s too bad, because the originals were a three-over one style with wavy glass, which is no longer manufactured. We’ll have to put in standard windows.
As for the kitchen, the cabinets are actually OK, other than not closing right, so we are going to repair and repaint them. It’s got such in interesting vintage sink that it is staying right where it is, just with a new faucet, if needed. This is a really simple rehab, because at the moment we just plan to rent it out, and by the community standards, this will be a really nice place. Remember, you need to know the local market!
We may rent the house out to a local business, in which case there may be further upgrades. We will post another update with interior pictures soon. We would also be willing to sell the property, if you happen to be one of our Cameron friends and would like to take it off our hands.