Winding Down as the Dust Settles at the New Duplex Project! Irvington Neighborhood, Portland!OR!

August18


“The Long and Winding Road” – The Beatles

The dust quietly settles at the new duplex project in Irvington and only some re-shaping of the landscaping and exterior projects remain.  Both new residents have moved in and one side is settled in, the other is quickly organizing since the movers finished up last night!!

exterior of the Irvington duplex project BEFORE

exterior of the Irvington duplex project BEFORE

exterior of the Irvington duplex project

exterior of the Irvington duplex project

It’s been a lot of work but rewarding!  The simple addition of some board & batten shutters enhanced the street appeal.  I still think I need to paint the entry alcove???  Since the doors face each other, it would give some definition to the entryway.  We really need to trim the front bushes!  Today my daughter and I laid down some bark-o-mulch and trimmed & cleared the front beds.

There were not too many “unexpected” costs on this remodel, but you always need to factor in a few!

We had a large, ominous, dead tree in the backyard…overhanging the garage and neighbors yard.  It looked like a “middle-of-the-night-phone call” during a windy, winter storm to me!  We got multiple bids and Tree Masters gave us an awesome bid plus were very efficient and did a great job of clean-up.  We gave the wood to friends and neighbors!!

Tree Masters did an excellent job removing the dead tree

Tree Masters did an excellent job removing the dead tree

What's left of our dead tree

What's left of our dead tree

Somebody's warm fireplace this winter

Somebody's warm fireplace this winter

Waiting for pick-up

Waiting for pick-up

The bathroom was finished as the new resident’s moving truck pulled up….nothing like a little “last-minute-stress”.  But, I love the color:  Sherwin-Williams Historic Renwick Rose Beige in the HGTV paint line.

Newly painted bathroom

Newly painted bathroom

We replicated our efforts at the Webster/N Mississippi duplex and replaced the working wood fireplaces with electric fireplaces for ambiance and a little added heat for those cold winter nights!

drilling from basement to connect new electric fireplace

drilling from basement to connect new electric FP

Due to the fact that bamboo from our neighbors yard (we like to lovingly call it the “haunted house”) has grown under the concrete driveway and into basement crawlspace of this side of the duplex, it was a little more difficult for my partner to find access to the fireplace, but it finally got done!  Just to warn you about how prolific bamboo is…no wonder it’s the new “green” replacement for flooring, furniture and more…you simply can’t get rid of it!!!

These 3 renovation projects over the last 3 years have been exhausting, rewarding and a good investment.  Each of the three projects have a positive cash flow monthly (rents cover principal, interest, taxes and insurance PLUS).  With interest rates so low and lower prices on local real estate, I feel it’s an opportunity to add to an existing financial plan that would include emergency savings (always first and foremost), IRA’s and/or 401K’s, stocks and bonds!  Diversification is always the name of the game!  I think wherever you are in your life plan, you’ve witnessed the recent wild ride of the stock market and the necessity of  keeping loose and exploring options!

About the Author | Janeese Jackson

My job is service...service to you and your real estate transactions! How can you benefit from my 25+ years of experience and expertise? What can I offer to make the process more productive? * Current information on available housing...comparative and competitive market pricing and analysis * Daily involvement in the local real estate marketplace * Thorough, comprehensive knowledge reflecting years of helping others complete their real estate business * Extensive network of professional resources to make the process as smooth as possible My commitment is to you! Being available to you...returning your calls...answering your questions...addressing your concerns...respecting your money...matching your timeline...meeting your expectations...helping accomplish your real estate goals!!

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