From the category archives:

House #27 – SOLD

House #27: Final Analysis

December 23, 2011

The family and I have been on vacation for much of December, which is why I haven’t posted much this month. But, we closed on the sale of The Waffle House yesterday (see all the financial results below), so I wanted to post a quick final analysis of the deal. This closing snuck up on […]

8 comments Read the full article →

Update for 11/30/11

November 30, 2011

It’s been a while since I’ve posted…not so much because there’s nothing going on, but more because everything seems to be moving very slowly these days. But, here’s a general overview of what’s going on with the business: House #26: The Fourfecta House As I mentioned a couple weeks ago, the lender for The Fourfecta […]

8 comments Read the full article →

House #27: First Contract

November 21, 2011

As of this past weekend, The Waffle House is officially under contract to be sold… We’ve worked with the selling agent before, and we’re thrilled to be working with her again. She represented the buyer for The Corn House earlier this year, and that transaction went about as smoothly as we could have hoped. It’s […]

3 comments Read the full article →

House #27: Budget Recap

November 3, 2011

As I mentioned in my last post, The Waffle House rehab is complete and the property is on the market. The project went smoothly, we did pretty much exactly what we planned to (with the exception of saving the laminate hardwood on the main level instead of replacing it with carpet), and ultimately, we stayed […]

5 comments Read the full article →

House #27: On The Market

October 30, 2011

I didn’t get around to posting much about The Waffle House renovation, but we finished it a couple days ago and got it staged and listed for this weekend… The house turned out really well. Our biggest issue with this house was that we didn’t have enough staging furniture to furnish it (we have about […]

0 comments Read the full article →

House #27: Preliminary Budget

October 16, 2011

Rehab is well underway on The Waffle House, but I promised to post the preliminary budget estimates, since I know a lot of my readers really like to see the before and after budget details. Here are my estimates for this project: We’ve already gotten bids on the project, so I expect that it shouldn’t […]

4 comments Read the full article →

House #27: Pictures

October 14, 2011

We closed on The Waffle House earlier this week… I completely forgot to take pictures before rehab started, but I was able to grab some old photos used by the prior listing agent on the MLS. They’re not great, but should give a basic idea of the style and condition: The Waffle House: Before Pictures […]

0 comments Read the full article →

House #27: Learn From My Mistake

October 7, 2011

I consider myself to be a pretty competent and successful house flipper these days, but that doesn’t mean that I don’t make mistakes, and sometimes those mistakes are more costly than others. If nothing else, hopefully my mistakes can help my readers avoid making the same mistakes themselves. Here’s my latest mistake that is costing […]

6 comments Read the full article →

House #27: The Waffle House

September 27, 2011

We just got our 27th house under contract… And after 27 houses, it gets a bit tougher to come up with good names. Especially for houses that don’t have any stand-out features or issues. Luckily, we were at breakfast — at “Waffle House” — while discussing the naming of this one, so The Waffle House […]

6 comments Read the full article →
Sign up for our Newsletter and get immediate access to our FREE 150+ Page eBook on New Construction, plus all of our business tools: Single-Family and Multi-Family Business Plans, Rehabbing and Buy-and-Hold Spreadsheets, Contract Templates, and more!
We respect your privacy. No Spam...EVER!