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House #38: The Rot House

September 11, 2012

We got another short sale under contract yesterday…this will be House #38… This one is right near The Ticket House, but in an older, well-established neighborhood. The house was built in 1988, and needs some major exterior work due to water damage, wood rot and termites; on the interior; luckily, the interior is in very […]

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House #35: Rehab Complete

September 10, 2012

We completed the rehab on The Rookie House last Friday (see AFTER REHAB pictures here)… The house has been under contract with a buyer for a few weeks now, so that will save us the time and effort of having to staging, list and market the property — always a nice thing! The buyer actually […]

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House #39: The Rent-Back House

September 8, 2012

This post was supposed to be about the most recent project we got under contract, but now it looks like the deal may not go through… The house is on the same street as The H2O House and was listed as a short sale just a few weeks ago. We put in an offer sight-unseen, […]

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House #37: Budget & Update

September 5, 2012

After all the craziness with The WTF House, I’m happy to report that as of this morning, it’s officially ours… Demo is expected to start today, and we anticipate this project to take between 4 and 5 weeks. We’re planning to do a full cosmetic rehab, with some upgrades: granite in the kitchen, hardwoods throughout […]

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House #37: Pictures & Update

September 4, 2012

If you haven’t been following the craziness of The WTF House, read this to catch up… Things are still crazy. As of this morning, the listing agent is telling us that she’s spoken with the bank negotiator and verified that the bank will still accept the wire transfer today (even though it’s past the approval […]

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House #37: Even More WTF

September 1, 2012

The WTF House just got WTF-ier… If you’re not familiar with the back-story, read this first… Yesterday (Friday) was closing day. The bank had made it clear that if we didn’t close by yesterday, the deal was off and the sale was no longer approved. And if the deal fell through, the sellers would lose […]

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House #36: Demo Pics

August 29, 2012

We finally got our permits for The WI-1 House, and demo is underway… We were supposed to have permits about a week ago, but the permit office dropped the ball and didn’t start working on the plan review until about 10 days after we submitted the application, at which point they said it could be […]

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House #35: First Contract

August 28, 2012

The Rookie House is still not finished renovation, and we already have a “surprise” offer… The awesome NACA agent who sold our previous two properties (The H2O House and The Unexpected House) called me on Sunday morning to tell me he was outside the property with a potential buyer, and wanted to do a showing. […]

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House #37: The WTF House

August 23, 2012

We just got approval the purchase another short sale, and this will most likely end up being House #37… The reason for the house name is that we’ve had an interesting short sale situation with this house. Remember, a short sale is when the seller/homeowner asks their lender to allow them to sell the house […]

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House #35: Rehab Pics

August 19, 2012

Renovations on The Rookie House are picking up now that the mold has been remediated and things are moving along quickly… Last week, we passed all rough inspections, got insulation installed and sheetrocked the entire house. Over the weekend, we did some landscaping and cleaned up the exterior of the house. This week, we expect […]

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