My First House - $5000 CASH!

I paid $5000 for my first house with the goal of renting it, spent a little money getting it renovated and rented it two times which more than paid for what I have in it. Now I'm getting it ready to sell. This video shows it current condition and talks a little about what I'm going to do to it. I'll post more on the house soonish.
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[@wayneburchwell1977]

I bought ugly houses when I was a young man. Your story reminded of some of my adventures. Not all ended well, but glad I did it.

[@MojojoJenkins]

Bring on as many of these videos as you care to create. Creation and modification are two amazing things to watch, so I enjoy finding both on the same channel :)

[@chrisbaker2669]

In San Francisco that house would be $850,000.

[@beatricerights]

In nyc 1,5 million. lol

[@Area559Duh]

San Francisco is the most expensive city to live in North America.

[@barbaraallen7164]

No thank you. I don't even visit SF anymore.

[@inkey2]

In the Boston suburbs even in that condition easily $600,000, possibly more. A friend of mine down the street sold his mothers "cottage" of a home....about 850 sq feet built in about 1910, virtually no yard, one story house with a basement. The place had no renovations in at least 40 years. Someone bought it for close to 600 grand and put two more floors on it. They will probably try and get a million for it.

[@darrellpetty9862]

Yes but the million dollar renovation would be spectacular.

[@JohnHeisz]

"and then that'll be the last time I come on this street" - oh, I know that one! Been involved in a few of those types of places myself. Anyway, good luck with the work and the sale.

[@RookieMistakes0607]

Always wondered John do you plan on finishing the renovation on your own house and selling again (like the last house you owned that you showed on a video) or is this one for keeps?

[@Wordsnwood]

Yeah, it sounds like he's ready to be done with this place!

[@shawntims3817]

I love these rental videos I would love to see more before and after type of stuff as well

[@thehomesteadcraftsman8975]

Well with the new house I just got you'll get a lot of videos. Thanks for watching.

[@josephfalcone2226]

This was a great video. 😀🏆 Thanks for posting it.

[@BlueAngeluv]

I really like seeing all the renovations involved happen with some time lapse, like your earlier ones 🙂

[@edmarsh5299]

I feel your pain. I found out the hard way that location is everything when it comes to rental property. I am one of the folks that enjoy seeing this kind of video so keep up the good work.

[@thehomesteadcraftsman8975]

Thanks, I'm not to worried about it, got me going in all this and when it sells I'll be able to put that money to use pretty quick.

[@smac235]

I really enjoy your commentary. You're so honest, whether it makes you look good or not.

[@thehomesteadcraftsman8975]

Ha, that's one of those comments that you can take either way. Talking about money and houses is one of the topics a lot of people don't have the stomach for.

[@Thelonelyscavenger]

I like that old house with the funny little closet. We don't have anything too old for homes here in Alberta cause everyone was living in either a teepee or log cabin 60 years ago.

[@davidrice7655]

I love all your videos brother! This one is no exception

[@MrFordman302]

Great video I'm definitely liking the house videos thanks sharing

[@Lee-qp6gf]

Rebuilding anything is always interesting.Thanks

[@RookieMistakes0607]

Love these kind of Videos and would definitely be interested in seeing more

[@MrJasonshores364]

I absolutely love this little house.

[@olgaortiz746]

Yes please love to see the final product please. Thank you...

[@eileenworth7862]

Refreshingly candid appraisal.

[@lucasustick8106]

You should talk more about flipping and renting houses out. Very intresting topics

[@secret0sounds]

Love your videos. I do home remodeling and renting in south Florida and would love to see more videos of your adventures in real estate especially since I don't get to see much frame construction, wood floors, etc.

[@sumlittlepunk]

Should turn the kitchen into a bedroom and small laundry room. And install the kitchen in the high ceilinged main floor room with at least a window into the living room.

[@thornbird6768]

This is a really cute little house , I would live in it .

[@michaelgilbert7851]

Everybodys got to start somewhere I know I did nothing wrong with that and there will always be haters Great Job Craftsman!

[@tinaalonzo80]

I actually really love this little house! Its adorable. A little rough around the edges, but I can see so much potential. And, I'm Only 5'2, so low ceilings are NEVER a problem with me! Lol

[@marlongutierrez5326]

whisperz2080 I agree this house has so much potential!

[@sharonnowlin2297]

Not a bad house at all for it's age and what you paid for it! It can be spiffed up and it will look really nice! Would love to see it after you finish! I think that you will be surprised how nice that you can make it look !!

[@adrielrowley]

Enjoy puzzles, including remodels, so... Very much looks like the ground floor bedroom was the kitchen until indoor plumbing came along and the back addition made. Makes sense then to have the high ceilings to keep the room cooler. Also, mades sense when adding plumbing not to try and cram into the original walls. Got to remember where they came from, grew up with only one person able to go at a time in an outside facility. What a luxury to only have to walk down stairs and a hall to go in the middle of a rainy night.

[@ebbrahuber1718]

Neet little house. Would be proud to have it. As a single mom here in SC its hard to find anthing that is affordable. I wish we had places like that here. Thanks for sharing it with us. Have a great day.

[@shelleykirkpatrick23]

"Viewer discretion is advised.." *zooms in on magnum condom wrapper* 🙏thank you for not showing the other half! Haha😂

[@debbiedoud1723]

Can't wait to see it finished.

[@thehomesteadcraftsman8975]

Thanks, me too!

[@PRINCESS8606]

I like this videos. Please do a video showing the house when you finish fixing it.

[@davidletz9123]

Good luck, hope you sell it quickly and get the price you list it for. And yes, I like seeing this kind of videos on your channel.

[@thehomesteadcraftsman8975]

Thanks, and me too on all your points!

[@beeleave2736]

I see why not to many renovations happened to this house.. the low ceiling challenges the final look.. however i think this is very wise of you.. i always look forward for more uploads from you.. one of the most anticipated videos to me.. good luck with the sale!

[@ouvickie]

That's a nice little house. It would make a good house for a single person or a couple. The small bedroom on the first floor would be an ideal computer room. As the main cook and bottle washer at my house, I like having my kitchen sink in front of a window. I have bird feeders outside my kitchen window and it's nice to be able to watch them when using the sink area.

[@susanbrown4297]

Thanks for your reply. Merry Christmas!

[@enduser6957]

I like these videos as well as your craftsman features. I think its because mostly what I find interesting about your channel is how you find opportunity, put some of yourself into it, and try to walk away with a profit...Liked!

[@danielbenedict8818]

I think a main reason for the low ceilings was high ceilings result in the warm air hanging out where it is of no use in the winter; if this house was built in ? late 1800s early 1900s, they used everything they could to keep the place warm without using lots of energy. Sure the gent in the video knows this as well.

[@maehay4065]

The house looks like it has old popcorn ceilings. I owned a home like that and when I sold it I had that removed before I sold it. It looked so much nicer! Thank you for sharing this investment house 🏡 I always loved the older homes like this one because they are unique! Better than the cookie cutters the developers put out nowadays for sure! 👍

[@user-gi6ee8vj1y]

Thank you for sparing me the close-up of the toilet! 😞

[@lory6605]

I would like more renos and also your home repairs. Tfs

[@marieschieler1914]

Nice. You could do a stack washer/dryer in the kitchen. We had one in a kitchen next to hot water heater.

[@ianscottkelley]

you are so inspiring! cant wait to get into this as well!

[@thehomesteadcraftsman8975]

Good luck!

[@mariablanquet2329]

Can you please share before and after when you fixe the house

[@thehomesteadcraftsman8975]

Will do.

[@shaishannahbennett8055]

@@thehomesteadcraftsman8975 Did you do the house? I'd love to see it.

[@chrissiebronx9662]

I like it and i like your logic.

[@halibut1249]

Whatever the title issue was, it's a lucky thing the seller didn't fix it. I saw the house in your other vid after you fixed it up and the living room looked great with the new floor.

[@luv_a_nurse8960]

I love smaller homes, my home is around 700sq.feet. With a little wooded land in downstate NY. Its my little slice of heaven, and its not fancy but its good enough for my family of 4 and my 3 dogs. I did work hard for it. Its a gorgous home you bought.

[@Rainbowsofanxiety]

If you're still working on this house, I would make sure the storage closet at the top of the stairs has the door swing out that way you can store much more in the closet than it currently can.

[@inspire734]

I got 2 heavy book cases for $75 each. I am putting them on each side of my bed. Behind them will be a large 8ft by 10ft closet hidden. I will be storing a lot of supplies under the floor. Dig 2 ft. deep spaces for storage bins.

[@rennierad]

I think your an amazing man and a caring man too. You help poor people buy a home that is fixed up, your work definitely speaks for it self because it's that damn good. I just subscribed and look forward to watching your video's. Thank you so much for helping the poor and this house will look wonderful when your done it will be a good home for first time buyers. May the Lord bless you and your family. ❤

[@auukkechuyenlamgiau8990]

Thank you very much for sharing it’s so good very interesting

[@mawuho1566]

Very nice to see more of your houses. It is great to see respons to viewers questions. Its interesting for me too, because right now I'm buliding four garages to rent them and I've bought a place to built a four apartment house on. I was working as a winemaker but I'm changing my plans because I like to spent more time traveling. For this rent income is more suitable then a 60 hour per week job. In this order I'm thinking about renovating gipsy wagon (or building them on top of old agricultural trailers) to sell them and Building a living-unit on an old 4x4 fireguard truck or an austrian Army truck. When this plans are realized I might travle throught the US to visit friends and Family with my truck. So, thank you for sharing your experiances and all the best from Germany, Maximilian

[@thehomesteadcraftsman8975]

Very interesting, congratulations on the changes you have made and good luck on your projects. Thank you for the message.

[@joycebell6912]

I enjoy your videos.. my family did what you are doing each time we moved we could upgrade to a larger home. It sure works... J Bell

[@animefiend16]

My husband and I bought our house for $17,000 and within 3 1/2 years we will own our home. We have lots of work we want to do to it, but it is currently liveable. :)

[@thehomesteadcraftsman8975]

Cool, my wife and I are living debt free as a result of doing a renovation. We paid $11k cash, then over a year I renovated it......but we were not in it during that time so it was easier.....I had it down to the studs, all new everything. You're doing a great thing, not having that monthly payment is huge.

[@alexrose215]

How did you get such a cheap home?

[@wclifton968gameplaystutorials]

Find an area with no jobs or high unemployment and you will find a cheap house as people move out

[@arianagarneri2322]

animefiend16 where ?? Not in California , lol

[@TheJammer765]

how did you find it? website or magazine

[@leadpersuasion]

Oh i know those kind of houses and people all too well. Hope you sell quick!

[@doktorzappergeck492]

I'd like to see more videos about your houses, too.

[@archean432]

I like it when people fix up houses like these. Usually they're just torn down or left to rot until they fall over.

[@tammywines9789]

I like this little house it will be s nice home for someone!!

[@RedStag86]

Really like your videos, one of the best channels on KZbin. (You, wranglerstar and Essential Craftsman are my 3 favorites!) Would love to see videos more often and more remodeling vids! Keep it up!

[@thehomesteadcraftsman8975]

Thanks, I've got a lot more on the way.

[@christinaperez254]

good business decision to sell this property....you have done a good job making a livable home from a trashed shack. hope you make a decent profit.

[@pattymiles2688]

Very sweet home! I can see a ton of potential! Someone could be happy if it was completely repaired and cleaned up.

[@elizabethfrederick2434]

I think before and after are very educational. So please do those and I will be watching.

[@davidfigueroa8181]

enjoyed the house vid. yes to more please. ☺😚😉

[@martinjennings8657]

I think it's a sweet little house. Show the model history to it. Whoever buys it should do some history research on it to find out more information about the house. Perfect starter home. I think you did good.🤑

[@Matthew-mq6fz]

You are a brave man to take that house on!

[@thehomesteadcraftsman8975]

Should have seen it when I bought it...some goes for the house I live in but it's basically brand new now.

[@nejcmazej1129]

man, 5000!? what?? I paid 13g's for my Ford fiesta.. good deal for the house, it has potential for being a little piece of heaven. I hope you make it real nice, enjoy

[@thehomesteadcraftsman8975]

I'll make it semi nice, it's not worth dumping too much time and money into this particular house. Basically just doing what I said in the video and cleaning it up, inside and out.

[@charw5163]

i think ts a cute lil house would look great done up properly

[@two2young93]

I agree.

[@tynchinnamccall5240]

yep

[@MsMesem]

Couple of climbing roses, new paint job and it's a welcoming little home.

[@jackieacheson4928]

Agree

[@SpudEater]

Camaro SS I see that you don’t follow his videos and from the comment, I assume you rent and don’t take care of shit.

[@crazytimber1767]

great work and happy work on your house

[@thehomesteadcraftsman8975]

Thank you.

[@morbjrn5265]

I feel your pain about people not respecting private property. My great grandmothers house has been sitting for 4 years. We did some work but we ended up giving up when we hit a serious dilemma. So we are trying to find someone willing to buy it. Kids started messing with the property. People tried using it for a parking lot because their 2+ car garage wasn't enough so they had to mess with the oldest house on the block. I can't tell you the nastiness I found in the shed kids broke into. How they could get dirty in a shed that decrepit and dirty is beyond me.

[@MOJORAPSCALLION]

What a bargain $5k wow! I wish no properties of any construction type or size available for prices like this in the uk ever! Ours is a rip off country property here is only for the wealthy.. I hope you’ve posted some after pictures/video? It’s a cute home! would look lovely with wooden flooring throughout..

[@jborcz1014]

That’s amazing a home like that would be a lot closer to 300-500 k where I live.

[@SunsetBayBonnie]

i like it, theres something about that house that kinda makes u feel comfy, maybe cos its small..idk but i enjoy watching these vids!

[@thehomesteadcraftsman8975]

It could be yours!

[@SunsetBayBonnie]

lol, its a lovely thought but i could never move, all my family is here.

[@granny58]

@@thehomesteadcraftsman8975 not in that neighborhood. Ty.

[@diedrapayne6202]

Really love your vids!

[@nonamie7294]

I would love to see the kitchen sink right in front of the window.. It is such a prioirty to me and I won't even look at a house without it.. sooths the soul to gaze out the window while doing the dishes.:) Rose

[@reconstructingleslie4597]

Wow! It’s cute!

[@onetuliptree]

The house is attractive rustic old house, glad you are changing to sheet linoleum

[@selitaswipes8795]

I enjoy your reno videos. I was wondering if you have any after video's of this little property. I enjoyed the 12,000 house on your other channel. You did a great job.

[@thehomesteadcraftsman8975]

I’ll be talking about this house at some point. Ive sold it but have video and photos.

[@deborahbaca1345]

I'd paint it ALL white including shutters. Cool video.

[@TWROC96]

Just found your channel. You have lots of good information on it. Did you sell this house and if so, do you mind sharing the sold price or at least a ball park? Did you post a follow-up video after you completed the work on this house? Thanks.

[@TheRamsfanstl]

Hey man I just found your channel and you've inspired me quiet a bit. I just wanted to say that I'm an HVAC tech and that fence you built around the heat pump isn't something I would recommend doing again at a future property. I know you did it for security reasons but what happens during the AC season is that confined space will heat up dramatically and burn up your outdoor unit.

[@thehomesteadcraftsman8975]

It's pretty ventilated, top and bottom. It's either that or it disappears.

[@TheRamsfanstl]

I guess I'd rather it run hot than run off!

[@starsaintcyr7327]

I wish that house was still for sale. I would pick it up in a heartbeat.

[@FoolyLiving]

Does that tile in the kitchen have asbestos in it? You should make sure it doesn't. I removed two entire rooms of asbestos tile and didn't know it, because I didn't know FLOOR tile had it in there, I thought it was only ceiling tile.

[@thehomesteadcraftsman8975]

No, these are modern adhesive backed vinyl tiles. Asbestos is in all kinds of stuff, insulation, ceiling tiles, floor tiles, electrical wire jackets, pipe insulation, exterior siding and more. It's good stuff, just bad for you.

[@wilkinsoncarpentry6278]

In Australia south coast of NSW that house in that condition would sell for $600,000 -$700,000 easy

[@michellejett4849]

In spite of what I see I still say the house has potential..

[@graceonline320]

Are you able to put some video up on how this house turned out after you completed all the work. We would love to see what it looked like afterwards!

[@gdcat777]

Magnum X5? Wow! That's a bigun!

[@cymoncyrado2879]

I'm too tall to live there and a ceiling fan would chop my head off.

[@johnfithian-franks8276]

Hi, I think you should consider putting another window into the kitchen, it would improve the room 100% without too much work and probably increase the selling price as well

[@fierykatie5552]

I really like the house.

[@sylmarie6494]

Was looking for the other videos on this house. Wanted to see what it looks like after the reno

[@thehomesteadcraftsman8975]

I need to do a final walk through still, thanks.

[@Growveguk]

Could not buy a defend garden shed in the UK for 5 grand!!

[@thehomesteadcraftsman8975]

Totally different place, you can still make money here starting with very little.

[@rawkrentals]

Andy Mahoney nothing for $5K in Canada either.

[@SteifWood]

A friend of mine built a 1st-home shack of pallet wood and scraps somewhere in hillbilly SE Ohio 20 years ago. I think the cost was < $100. Oh, and she always had a funny smell to her ...

[@rawkrentals]

Stiff Wood you can definitely build for less if it's not a permitted build and built of salvaged and or natural materials but $5K for a house is crazy cheap!

[@SteifWood]

I know,,, I just re-modeled just my bathroom (to code and beyond) and that cost me $40K

[@danskroko3537]

5 grand. More power to YOU brother.

[@vtlgbtbt4]

Is there an after video for this? I recently found your channel, and I know everyone is constantly telling you what you should do, but if love to hear more about how much you put in to houses and what you get out of them

[@ninjanerdstudent6937]

Property tax must be very low for being willing to hold on to a vacant property for so long.

[@jasongates-]

What happened to the links that were going to be in the description? Is this in the south? As of next month, this was posted two years ago, so can we assume that it was sold by now? I bet you're happy that you don't have to "Go on this street" anymore. Thanks for the tour.

[@lavonakirtley9280]

How many of those interior walls can go? If I could I’d open the interior as much as possible, make it one large loft type room upstairs, and maybe one large room, plus kitchen and bath downstairs

[@dchosen6341]

Design of it is nice, will work for me

[@michaels7345]

Do you have a follow up video after this one?

[@AuntieM78]

Those ceilings would be good for short people! :)

[@jomama5186]

I would put a stackable washer and dryer in that upstairs closet that way it's out of the kitchen, if it's possible. Cute house tho!

[@iluvmycurlz5159]

I probably would have moved the kitchen to the other side of the house, made the room that connected into the living room the kitchen and the current kitchen a bedroom

[@washablejunk281]

Excellent find. I have been looking for house like that but they are only available in Chester PA or Camden NJ two of the worse cities in the US.

[@Toltecgrl]

Neat! In CA that house would sell for a s#@ load of money!! No joke either!

[@margaretdevries8090]

I enjoyed this video, is there one of finished house ? Thanks !