From the category archives:

House #12 – 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 #12: Final Staging

September 9, 2009

I just realized over the weekend that I never posted any final pictures of the The Mini House after it’s been staged… Here you go! And to make up for my slacking on this, I even did a quick little walk-through video (not great, but it will do):

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House #12: Second Offer

August 27, 2009

We just received our second offer on The Mini House… It’s another FHA buyer, so they still have the issue of having to wait until at least the beginning of October to close (FHA 90 Day Rule). On top of that, the buyer seems to have very borderline credit. According to some contingencies in the […]

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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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House #9: Closing Delayed

August 10, 2009

We were scheduled to close on The Hat Trick House tomorrow (Tuesday). But, apparently the closing attorney is a stickler for the RESPA regulation that states that the buyer must receive the Good Faith Estimate (GFE) at least five business days before the closing. Since the buyer didn’t get the GFE until last Thursday, we […]

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House #12: First Offer

August 9, 2009

The Mini House has been on the market for about two and a half weeks, and — despite the fact that it isn’t even staged yet — we’ve gotten a lot of interest from potential buyers. This weekend, we received our first offer on the property. The offer was for about 95% of asking, with […]

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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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House #12: On The Market

July 21, 2009

We finished the rehab on The Mini House over the weekend, and just listed it for sale today… We haven’t yet staged it, as we’re still waiting for The Hat Trick House to sell so we can use that furniture. But, even without the furniture, it looks pretty good. It was a simple “paint and […]

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House #11, #12: Rehab Progress

July 9, 2009

Just a quick update on the progress of the two rehabs underway… House #11: The Sunglasses House We made great progress at The Sunglasses House today, with three crews of contractors working from sun-up til sun-down. The old roof came off and the new roof went on, the polybutylene plumbing was torn out and completely […]

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Rehabs, Inspections, Rehabs

July 2, 2009

Renovations are well underway on both The Mini House and The Sunglasses House, and I’m happy to report that a week in, both projects are still on-schedule and on-budget. We actually had an interesting experience today over at The Sunglasses House…a county code enforcement inspector (the same inspector we had for The Second Chance House, […]

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