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House #6: Appraisal, Inspection

April 22, 2009

The buyers for The Red Garage House had their appraiser and inspector come out to the house this evening, and they said they’d love for us to be there with them during the appraisal and inspection. Of course, we were happy to attend… The appraiser came by first, spent about 15 minutes at the property, […]

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Staging Tips (Part 2)

April 21, 2009

Last week, my lovely wife provided a number of great staging tips for those looking to “spruce up” their property for sale. Tonight, she managed to pull herself away from American Idol long enough to help me write more about staging. Thanks honey! In true Idol spirit, here are her Top 7 tips for today: […]

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House #9: Officially Ours

April 20, 2009

We closed on the purchase of The Hat Trick House today… It’s been a long day, so I won’t go into too much detail, but I wanted to lay out the basic rehab plan, schedule, and budget for this project. Here’s a nice bulleted list of the important points for this rehab: – My brother […]

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Working On New Logo

April 19, 2009

Our company is looking for a new logo… While we love our signs and our marketing materials, our logo leaves a bit to be desired, so we’ve decided to hire out the work to some really creative folks over at 99Designs.com. If you’re not familiar with the site, it’s a place where people who need […]

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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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House #6: First Offer

April 16, 2009

After our full-priced sale on The Second Chance House earlier this week, and our expected near-full-price sale of The DIY House next week, I was beginning to wonder if we’ve been getting extremely lucky, or if we’re just doing stuff extremely right (probably both). Well, today we received another full-priced offer (okay, a few hundred […]

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House #7: No Go

April 15, 2009

I mentioned last week that we received a second offer on The Roach Duplex. Based on the fact that the buyers were treating this purchase from the perspective of an owner-occupant (while this property is clearly geared towards an investor with some rehab experience), I was skeptical that it would ever get through due diligence. […]

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House #5: Appraised

April 14, 2009

It’s been over a week since we had the appraisal done on The DIY House. Based on what I wrote in that post last week, I’ve been very skeptical that the house would appraise for the selling price, despite the fact that it still appears to be priced well below market. I found out last […]

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House #3: Final Analysis

April 13, 2009

As of this morning, The Second Chance House is officially sold! Between schedules running over, losing marketing time due to the holidays, and having the first offer fall through after 2 months under contract, we’ve been holding this property for a long time — over 200 days. But, in the end, we received a full-price […]

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Staging Tips (Part 1)

April 12, 2009

My wife has been doing all the staging for our houses these past eight months, and has become incredibly good at it (see for yourself). Not just making a house look amazing, but doing it in such a way that is both inexpensive and easy to manipulate. Now that I’ve seen her stage six houses, […]

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