From the category archives:

House #38 – SOLD

House #38: Final Analysis

January 19, 2013

We closed on the sale of The Rot House earlier this week for a great profit and ROI (see details below)… The project went relatively smoothly, and except for a few things that were missed during the rehab (that we had to take care of after the buyer’s inspection), there were no major surprises and […]

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House #38: Budget Recap

January 14, 2013

The Rot House is scheduled to sell this week, and before we conclude this project, I wanted to provide some final numbers on the budget. This project went smoothly, and we came in a good bit under our preliminary budget estimate of $50,000. The bulk of the savings came from the termite damage and wood […]

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Update for 1/2/2013

January 2, 2013

Happy New Year! I haven’t written much the past couple weeks, as I’ve been traveling and working on finishing up the book I’m writing (stay tuned!)… I did want to provide a quick update on all the houses: House #36: The WI-1 House The WI-1 House has gotten a decent amount of showings, and a […]

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House #38: First Contract

December 17, 2012

It took about three weeks, but we received our first offer and are now under contract on The Rot House… The offer was a very good one (just under full list price) and the buyer is a local real estate agent, so she’s been very easy to deal with and we know she’s serious about […]

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House #38: Staging Pictures

November 20, 2012

We are almost finished rehabbing The Rot House… We’ve completed all the major exterior repairs and all the interior remodeling, and we’ve passed all our county inspections. We may want to do some modifications to the front deck and repair a retaining wall on the side of the house, but decided that we would move […]

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House #38: Delays & Pictures

October 4, 2012

We closed on The Rot House at the end of last week, and demo started this past Monday. In fact, due to the bad weather, my GC had his entire crew working on demo and the entire house was stripped (all flooring, cabinetry, lighting fixtures, plumbing fixtures, etc, removed) within 3 hours. So, rehab started […]

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House #38: Preliminary Budget

September 25, 2012

It looks like they got the second mortgage fiasco figured out on The Rot House, and we’ll be closing that one (hopefully) by the end of the week. Which (again, hopefully) means we’ll be starting renovations at the beginning of next week… Here’s what our preliminary budget looks like: My goal is to keep this […]

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House #38: Here We Go Again

September 12, 2012

I posted yesterday about getting House #38 (The Rot House) under contract… That was actually supposed to be House #39, and House #38 was supposed to be The Rent-Back House, but if you were following along last week, you know that The Rent-Back House had some title issues from a second mortgage that wasn’t mentioned […]

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House #38: The Rot House

September 11, 2012

We got another short sale under contract yesterday…this will be House #38… This one is right near The Ticket House, but in an older, well-established neighborhood. The house was built in 1988, and needs some major exterior work due to water damage, wood rot and termites; on the interior; luckily, the interior is in very […]

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