From the category archives:

House #28 – SOLD

House #28: Final Analysis

April 20, 2012

It took more than a month longer than expected, but we finally got The Full House closed (see all financial results below)… A lot of things went wrong on the sale of this project — our private lender backed out the day before purchase closing, so we had to pay cash (resulting in lower ROI), […]

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Update for 4/19/2012

April 19, 2012

I’ve spent much of the past week trying to clean up this site after getting hacked. Nothing you likely would have noticed unless you did a Google search for something on the site, in which case you would have seen links and content for prescription medications instead of my real estate content! I couldn’t figure […]

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Update for 4/8/2012

April 8, 2012

Things have been tremendously busy the past few weeks, which is why the posting has dropped off, but I wanted to give an overview of where we stand with all our current projects: House #28: The Full House The Full House is now more than 2 weeks past the contractual closing date, and while we’re […]

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Lots of Inspections

March 29, 2012

Our buyers have already had inspections on three of our houses this week: 1. The Full House is scheduled to close on Friday and underwriting came back a couple days ago and flagged the fact that the buyer never did an inspection. Unfortunately, FHA requires inspections, so this was something that needed to be taken […]

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House #28: Appraisal Issue

March 14, 2012

The Full House has been under contract for a few weeks now, and we’ve just run into our first major issue — the appraisal come in $10,000 too low! To be fair, it’s not as bad as it seems — we got the house under contract for full price, which was $5,000 more than we […]

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House #28: First Contract

February 22, 2012

It’s been over 6 weeks since we listed it for sale, but we finally got our first contract on The Full House…and I’m happy to say that it’s a full price contract… We’ve had a lot of interest and a couple other offers on the property, but unfortunately, it didn’t appear that they could qualify […]

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House #28: A Few Pictures

January 18, 2012

We didn’t get any BEFORE pictures of The Full House, and we ultimately were able to reuse many of the STAGING pictures from The Waffle House, as the floor plan was exactly the same and much of the staging design was replicated. But, we do have a few pictures that are unique to this house […]

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House #28: Budget Recap

January 12, 2012

I’ve been working on some other projects (to be announced!), so I haven’t been posting as much as I’d like. But, I wanted to spend the next couple posts wrapping up The Full House rehab, which finished last week; this post will detail our final budget numbers and the next post will provide the final […]

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House #28: Officially Ours

December 6, 2011

Wow. I mentioned in my last post how the purchase of The Full House was coming down to the wire, but I had absolutely no idea how tough this one would be to close. The listing agent (who was negotiating the short sale) was still trying to get approval for the deal 90 minutes before […]

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House #28: The Full House

December 2, 2011

It’s been a long time in works, but we finally have House #28 under contract. It’s a short sale in the same neighborhood as The Lake House, The Leak House, The Trifecta House and The Fourfecta House, and because it’s scheduled to go to foreclosure auction next Tuesday, we literally need to start the closing […]

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