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House #36: Foundation/Rear Yard

August 15, 2012

We’re still waiting for full building permits for The WI-1 House, but in the meantime, our foundation company was able to pull permits for the foundation portion of the job and get that work done… As a reminder, we had an exterior wall that was bowing/deflecting quite a bit, so the foundation company came in, […]

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House #35: Making Progress

August 12, 2012

Progress on The Rookie House has been pretty slow since we closed on the purchase about a month ago. The main reason being that we brought in a mold testing company to test for mold, and despite there being not visual evidence of a mold problem, the test indicated that there was slightly elevated levels […]

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House #36: Open Floorplan

August 9, 2012

My partner Marty, my wife, our designer/architect and I have spent the past couple weeks trying to figure out how to reconfigure The WI-1 House to make it more open and updated. We’ve basically decided to do three major changes the the floorplan of the house: 1. We’ll open up the kitchen, living room, dining […]

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House #33: Final Analysis

August 6, 2012

As of this afternoon, The H2O House has been sold. This was a boring project — that’s a good thing — and there isn’t much to say, but here’s a quick recap (and see all financial numbers below)… Other than mold remediation taking a week longer than expected (and requiring us to remove a lot […]

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House #36: Almost Started

August 2, 2012

My partner on The WI-1 House and I spent much of last week up in Milwaukee trying to get our ducks in a row on that project (see schedule below)… We’ve made a lot of revisions in our scope of work and budget — the project has gotten a lot bigger over the past two […]

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House #36: Lessons Learned (So Far)

July 26, 2012

We closed on the purchase of The WI-1 House a couple weeks ago, and I’m up in Milwaukee again this week to continue building the team and preparing for the rehab. Since this is the first time we’ve tried rehabbing a house long-distance (and this is the first time we’ve had to build a team […]

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Direct Marketing #3

July 23, 2012

I just wanted to give an update on the Direct Marketing campaign I mentioned about a month ago… Here are some details: Target Recipients: Homeowners in my county who were 30/60/90 days late on their mortgage payments. # of Recipients on List: 2200 Marketing Goals: The goals for this marketing campaign were two-fold: Short Sale […]

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House #33: Budget Recap

July 20, 2012

We are almost ready to close on the sale of The H2O House (still working on pics!), and I’ve finally received most of the final invoices and receipts from my GC for this rehab (see final numbers broken-down below)… We were about 7% over budget on this one (about $2500), with $500 of that being […]

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House #33: Inspection/Appraisal

July 19, 2012

I just realized that it’s been over a month since I’ve posted about The H2O House (sorry, we haven’t taken pictures yet)… We received an offer on the property back in mid-June, several weeks before the project was completed (it was torn down to the studs). I told the buyer that we’d be done renovations […]

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House #36: More Details

July 12, 2012

We closed on the purchase of The WI-1 House earlier in the week, and I’m currently up in Milwaukee putting together a Scope of Work and starting to interview and line up contractors… First, here are some pictures of the house: THE WI-1 HOUSE: BEFORE PICTURES I must admit, the challenge of putting together a […]

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