From the category archives:

House #1 – SOLD

Update for 9/15/2009

September 15, 2009

Let me first mention today that my wife and I are expecting our first baby any day now (he was due this past weekend), so if you notice a few days where the blog is not getting updated, you’ll know why… 🙂 Anyway, I think it’s been about a month since I’ve done a general […]

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House #1: Contract Extended

August 30, 2009

If you recall from our last general update, our lease purchase contract on The Corn House is about to expire at the end of August. Given that the buyers hadn’t much improved their credit since April, and worse yet that they had bounced a rent check (that they immediately replaced with a cashier’s check), we […]

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Update for 8/16/09

August 16, 2009

First, just wanted to remind people of the great rehab blog over at TomTarrant.com…not only do I appreciate the mention Tom gave of our first year recap on his blog, but I consistently learn a tremendous amount about the rehab process by watching his videos and following his flips. He does a lot of the […]

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Update for 7/24/2009

July 24, 2009

A quick update on where each of the properties stand: House #1: The Corn House We’ve collected four on-time rent checks, and according to the contract, we should be closing on the lease-option on this one at the end of next month. Unfortunately, based on the credit check that the mortgage broker ran last month, […]

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Update for 6/26/2009

June 26, 2009

Here’s my end-of-the-week update on all our houses…it’s a quick one, but after this long, long week, I don’t have a lot of energy to write… House #1: The Corn House Nothing new with this house…just looking forward to collecting our third (on-time) rent check… House #6: The Red Garage House I’m so angry that […]

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Update for 6/9/2009

June 9, 2009

Juggling lots of houses right now, so thought I’d give a quick run-down on the status of everything going on: House #1: The Corn House We received our second rent check from The Corn House tenants, so at least they’re off to a good start. We also had the tenants check in with our mortgage […]

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Update for 5/12/2009

May 12, 2009

Just got back from a weekend vacation to play some poker, and ready to get back to work… Here’s an update on where things stand with each of the houses: House #1: The Corn House Nothing much new here. We received our first rent check from The Corn House tenants — on time! This marks […]

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Update for 4/17/2009

April 17, 2009

It’s been an amazingly relaxing week…probably the most relaxing I’ve had since we started this business… For the most part, we’re out of houses to work on. Most of them are under contract waiting to sell or under contract waiting to be bought, and other than looking for more houses, doing some book-keeping, paying some […]

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Update for 4/10/2009

April 10, 2009

Wow, so much going on, and not enough time to write…looks like this is going to be another overall update to bring everyone up to speed: House #1: The Corn House The Lease Purchase tenants at The Corn House moved in last week, and sent us a very nice email just the other day. They […]

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Update for 3/27/2009

March 27, 2009

Here’s a general update on all the properties: House #1: The Corn House As mentioned previously, The Corn House is under a Lease Purchase contract for the next 5 months, and hopefully we’ll be able to sell it by August. We met with the buyers a few hours ago to collect the security deposit ($1500) […]

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