From the category archives:

Financial Analysis

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 [...]

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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, [...]

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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. [...]

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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 [...]

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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 [...]

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House #5: Final Analysis

April 24, 2009

As of a couple hours ago, The DIY House is officially sold!
This entire project has been insightful, fun, and rewarding — both financially and just from the perspective of renovating a relatively big house. This is the first major rehab we’ve done without a General Contractor, and we’ve quickly realized that managing [...]

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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 [...]

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House #6: On The Market

March 31, 2009

The Red Garage House is now officially on the market. Not that the rehab is complete, but that’s just a minor detail…
Seriously, we still have one major rehab issue to complete — one of the double windows in the living room is broken and has been on order for several weeks now; [...]

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House #6: Financial Analysis

February 2, 2009

As mentioned previously, The Red Garage House is likely to be the first property I hold as a rental. Based on the numbers I’ve put together, I believe that I could likely flip it to a retail buyer if I wanted to, but given that I probably won’t find an excessive number of relatively [...]

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Thinking About Rentals

January 13, 2009

As I mentioned in my 2009 Goals, it’s time to diversify our business model a bit and start accumulating some property to build longer-term cash-flow and to reap the benefits of future appreciation when the markets turn. We’re certainly not giving up flipping houses — we just love the idea of a alternate exit [...]

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