From the category archives:

House #10 - SOLD

3-Year Recap!

August 12, 2011

This weekend marks three years since we purchased our very first rehab property, so I thought I would spend a bit of time recapping what we’ve accomplished in the first three years, along with some of the statistics and interesting tidbits of our journey.
Here’s a quick recap of our accomplishments:

24 Houses Purchased & Resold (Every [...]

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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 it’s difficult for [...]

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House #10: Final Analysis

June 21, 2009

Another quick Final Analysis post, as it’s for The Deja Duplex, a property we held for less than a week and only visited two times…
I would consider this to be our first real wholesale deal, and while it would have been nicer to have just done a double-close (meaning we sell it the same day [...]

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House #10: Under Contract

June 12, 2009

It only took 24 hours, but The Deja Duplex is under contract to sell…and true to its name, it’s getting sold to the same buyer as The Roach Duplex.
It pretty sad to think that we hadn’t considered calling this guy to ask if he wanted this one also, until we were on our way to [...]

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House #10: Officially Ours

June 11, 2009

We closed on the purchase of The Deja Duplex today, and have decided that we’re going to try to wholesale this one, just as we did the one next door.
In fact, we may even sell it to the same buyer!
We called the buyer of The Roach Duplex today on the way to the closing, to [...]

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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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House #10: The Deja Duplex

May 18, 2009

After selling The Roach Duplex for an easy profit last week, we decided to take a look at a couple of the other duplexes that were listed for sale on the same street. We ended up looking at the one two doors down, just listed for $24,000 a couple days ago. It was [...]

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