From the category archives:

House #5 - SOLD

House #5: First Offer

March 24, 2009

It’s been a good couple days…
After receiving an offer on The Second Chance House less than 48 hours after putting it back on the market, we received our first offer on The DIY House today, just a week after putting it on the market!
It was a very reasonable offer, and while we’re negotiating [...]

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House #5: Rehab Costs

March 17, 2009

Now that The DIY House is on the market, I thought I would share the (almost) final rehab costs needed to get this property renovated…
As I mentioned at the beginning of the project, my original budget projection was looking like $40-43K, but I really wanted to get that down to $35K. While I almost [...]

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House #5: Rehab Complete

March 15, 2009

It’s been a couple days since I last posted; with lots of visitors in town since the baby news, lots of work going on, and lots of college basketball to watch, it’s been difficult to find time to write…
Anyway, we completed rehab on The DIY House on Friday, and it’s now officially on the market…
I’m [...]

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Update for 3/6/2009

March 6, 2009

It’s been a busy week, both work-wise and personally…I have a good friend in town, a couple doctor appointments for the baby, and lots going on with all the houses, so I haven’t been able to blog as much as I would have liked…
That said, here’s a quick update on all the properties:
House #1: [...]

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Update for 2/17/2009

February 17, 2009

Lots going on, and at one blog post per day, I’ll probably start getting behind…so here’s a general update on everything…
House #1: The Corn House
The Corn House is still under contract, and scheduled to close on March 4. The buyer is being somewhat of a flake…between fake phone calls to my listing agent [...]

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House #5: Rehab Underway

February 10, 2009

It’s been just over a week since we closed on The DIY House, and already it’s undergone a nice transformation…
We completed demo the first day (including removal of all fixtures, all flooring, all cabinets, countertops, etc). By the end of the second day we had finished scraping all the popcorn texture from the ceiling [...]

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House #5: Officially Closed

January 29, 2009

We closed on The DIY House today, after two months of negotiations and twiddling our thumbs. The nice part about the long closing time was that we had the opportunity line up most of our contractors for this one, as we’re sub-contracting all the work instead of bringing in a GC. Between our [...]

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Update for 1/16/2009

January 17, 2009

Here’s a general update on what’s going on with the houses and the business…
House #1: The Corn House
Nothing much new here…we just hit 90 days on the market (still less than average DOM for this area), and haven’t had too many showing outside of the first weekend. My wife, brother and I have [...]

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House #5: SOW/Budget

January 16, 2009

The DIY House was supposed to close this week, but the title company just got clean title back today, and the seller is requesting 5 days to review the entire closing package before they will be ready to sign the closing papers. So, it looks like we’ll be well into next week before we [...]

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House #5: Some Details

January 3, 2009

As I mentioned before the holiday, we have another house that we’re ready to pick up. The DIY House is (finally!) officially under contract, and we’re hoping to close the middle of this month.
Here are some pictures…
The house is a 3/2 split-level with a large eat-in kitchen, separate dining room and large open living [...]

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