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House #28: A Few Pictures

January 18, 2012

We didn’t get any BEFORE pictures of The Full House, and we ultimately were able to reuse many of the STAGING pictures from The Waffle House, as the floor plan was exactly the same and much of the staging design was replicated. But, we do have a few pictures that are unique to this house […]

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House #28: Budget Recap

January 12, 2012

I’ve been working on some other projects (to be announced!), so I haven’t been posting as much as I’d like. But, I wanted to spend the next couple posts wrapping up The Full House rehab, which finished last week; this post will detail our final budget numbers and the next post will provide the final […]

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FHA Flip Waiver Extended

January 2, 2012

The waiver for the FHA 90-Day Flip Rule (click here to read about the 90-Day Rule and click here to read about the waiver enacted back in 2010) was once again expiring this month, and once again has been extended by the FHA through the beginning of 2012. To put it simply, this means that […]

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House #27: Final Analysis

December 23, 2011

The family and I have been on vacation for much of December, which is why I haven’t posted much this month. But, we closed on the sale of The Waffle House yesterday (see all the financial results below), so I wanted to post a quick final analysis of the deal. This closing snuck up on […]

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House #26: Final Analysis

December 14, 2011

We closed on the sale of The Fourfecta House yesterday… (see all the financial results below) I should say that we FINALLY closed on this sale. We were scheduled to close about a month ago, when the lender went of of business the day before closing. It was supposed to take up to 2 weeks […]

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House #28: Officially Ours

December 6, 2011

Wow. I mentioned in my last post how the purchase of The Full House was coming down to the wire, but I had absolutely no idea how tough this one would be to close. The listing agent (who was negotiating the short sale) was still trying to get approval for the deal 90 minutes before […]

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House #28: The Full House

December 2, 2011

It’s been a long time in works, but we finally have House #28 under contract. It’s a short sale in the same neighborhood as The Lake House, The Leak House, The Trifecta House and The Fourfecta House, and because it’s scheduled to go to foreclosure auction next Tuesday, we literally need to start the closing […]

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Update for 11/30/11

November 30, 2011

It’s been a while since I’ve posted…not so much because there’s nothing going on, but more because everything seems to be moving very slowly these days. But, here’s a general overview of what’s going on with the business: House #26: The Fourfecta House As I mentioned a couple weeks ago, the lender for The Fourfecta […]

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House #27: First Contract

November 21, 2011

As of this past weekend, The Waffle House is officially under contract to be sold… We’ve worked with the selling agent before, and we’re thrilled to be working with her again. She represented the buyer for The Corn House earlier this year, and that transaction went about as smoothly as we could have hoped. It’s […]

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House #26: It’s Not Our Fault!!!

November 16, 2011

Anyone who knows me or who reads my blog probably knows that a central tenet of my business philosophy is, “If *ANYTHING* goes wrong in my business, it’s my fault.” Sure, other people will screw up, other people will let you down, other people will lie, cheat and steal; but, there’s almost always something I […]

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