From the category archives:

Financial Analysis

House #18: Rental Analysis

September 8, 2010

As it appears The Haggle House may be our first long-term rental, and given the questions a couple readers have posed, I wanted to spend this post going through the financial details of this particular rental opportunity…
(Note: If you only care about the numbers, feel free to scroll down to the spreadsheet further down [...]

2 comments Read the full article →

Introduction To IRR

September 2, 2010

If you’re an investor (whether real estate or some other type), I hope you’ll take the time to read the guest blog post I wrote for BiggerPockets.com today:
Introduction to Internal Rate of Return (IRR)
Every investor — regardless of what they invest in — needs to understand how to calculate their success or failure (hopefully success!) [...]

2 comments Read the full article →

How Are We Doing?

May 26, 2010

I get lots of emails asking me to consolidate the results of our flipping over the past year and a half…I took a few minutes and put all this info together in one place:
Results To Date

7 comments Read the full article →

House #13: Final Analysis

March 15, 2010

We closed on the sale of The Poor House today…you can see the detailed schedule and financial results below…
For a large rehab, this project was pretty textbook; we completely replaced the exterior (new roof, gutters, siding, trim, soffit, fascia, decks, etc), remediated a good bit of mold, waterproofed the foundation, finished the basement, and did [...]

17 comments Read the full article →

House #12: Final Analysis

February 5, 2010

We closed on the sale of The Mini House today…
I’d like to say this was a fun project, but after dealing with four different buyers over the past six months, I’m pretty sick of having to deal with or think about this house.
I take full responsibility for this one not closing back in [...]

5 comments Read the full article →

Value of Being an Agent

January 24, 2010

I often get asked the question of whether having your real estate license as an investor is a good idea. I discuss most of the pros and cons in this article, but I wanted to throw out another — real life — data point…
I’m finishing up my taxes for last year, and thought it [...]

12 comments Read the full article →

House #13: Rehab Pictures

October 5, 2009

We’re about a week and a half into the rehab on The Poor House, and while things are going a bit slower than I had expected, I’m very pleased with the work.
We brought in our GC from The Sunglasses House to do the bulk of the exterior and basement work, and so far, [...]

3 comments Read the full article →

Year 1 Recap!

August 12, 2009

It’s officially been one year since my wife and I started flipping houses. After spending more than a year to research, write our business plan, get familiar with the local real estate market, and get settled back into the East Coast before we started investing, it certainly seems like we’ve been doing this forever. [...]

22 comments Read the full article →

House #7: Final Analysis

May 14, 2009

This is going to be a quick Final Analysis post, as it’s for The Roach Duplex, a property we’ve essentially put no time, work or energy into…
In fact, aside from visiting it twice before purchasing it, putting a new lockbox on it after purchasing it, and meeting the buyer there to sign papers the other [...]

2 comments Read the full article →

Rehab Analysis Spreadsheet

May 5, 2009

After putting my Business Plans up-for-sale yesterday, I decided to get back to my general ideal of giving away information on this site as opposed to selling it (though don’t get me wrong, the business plans are still for sale, are tremendously inexpensive and are tremendously useful …
Today, I want to give something away…here [...]

7 comments Read the full article →

← Previous Entries