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Final Inspection Checklist

September 7, 2011

Check out our newest article (with Checklist included) in our Education section about what to look for in a final walk-through of your rehab: Final Inspection Checklist I hope you enjoy and find this useful…

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House #25: Plumbing Fix

September 5, 2011

I posted the other day about the plumbing surprise we had at The Drought House on Friday… Turns out that our assumption that there was a busted supply line under the foundation was correct, and the plumber was able to pretty-easily pinpoint the issue to a hot-water line running under the slab from the hot […]

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House #25: (Bad) Surprise!

September 3, 2011

I previously mentioned the difficulty we were having removing the old hardwoods on The Drought House, but those sorts of minor issues are pretty typical. Unfortunately, we had another issue yesterday that was neither minor nor typical… I got a call Friday night from my project manager — who had gotten a call from one […]

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House #25: Rehab Underway

August 31, 2011

Rehab on The Drought House started yesterday, and we’ve already hit our first snag…and we haven’t even finished demo! Most of the entryway to the house (about 150 square feet) is hardwood that was glued down, and it all has to go. But, I’ve never seen this much glue on hardwoods before, and the hardwoods […]

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House #25: Officially Ours

August 26, 2011

I posted the other day about the difficulties we’re having getting The Drought House purchased, and after two long days of making endless phone calls and bothering people, we finally got some traction and were able to get the property closed… In the end, the closing attorney could never get in contact with anyone at […]

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House #25: Waiting to Close

August 24, 2011

I haven’t been posting much the past few weeks, but that’s only because there hasn’t been much to post about… We have been waiting to close on The Drought House, which will be our first HUD closing. In theory, once the title comes back clean, we should be ready to close within a week or […]

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House #26: Preliminary Budget

August 17, 2011

We officially have The Fourfecta House under contract (sorry, no pics yet), and will hopefully close in the next couple weeks… While we haven’t yet gotten our contractors out to the house to give us bids, I have a pretty good idea of where we need the budget to come in on this one, especially […]

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3-Year Recap!

August 12, 2011

This weekend marks three years since we purchased our very first rehab property, so I thought I would spend a bit of time recapping what we’ve accomplished in the first three years, along with some of the statistics and interesting tidbits of our journey. Here’s a quick recap of our accomplishments: 24 Houses Purchased & […]

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House #26: The Fourfecta House

August 10, 2011

We put our first HUD property under contract to purchase last week, and today, we got an accepted offer on another HUD property. This one is in the same subdivision as The Lake House, The Leak House and The Trifecta House, which leads me to the name The Fourfecta House (yes, I realize it’s not […]

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House #18: Final Analysis

August 5, 2011

We closed on the sale of The Haggle House yesterday… (see all the financial results below) This house was a great experiment. For about 6 months, it was our first real rental property, but once the initial tenant chose to leave (before the lease was up), we decided that we’d rather just sell this one […]

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