From the category archives:

House #9 - SOLD

House #9: Final Pictures

June 15, 2009

As I mentioned last week, The Hat Trick House is on the market. In the past week or so, we’ve had a good number of buyers through the house, and while everyone loves the house, there is still the pesky little issue that most of the buyers aren’t enamored with the neighborhood. I’m [...]

1 comment Read the full article →

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 [...]

3 comments Read the full article →

House #9: On The Market

June 7, 2009

We finally completed the The Hat Trick House last week and listed it for sale. We’ve been dragging our feet on getting the last 5% of the project completed (staging, trim, paint touch-up, etc), and now that we’re within 6 weeks of being able to sell to an FHA buyer, it was time to [...]

7 comments Read the full article →

Update for 5/12/2009

May 12, 2009

Just got back from a weekend vacation to play some poker, and ready to get back to work…
Here’s an update on where things stand with each of the houses:
House #1: The Corn House
Nothing much new here. We received our first rent check from The Corn House tenants — on time! This marks [...]

2 comments Read the full article →

House #9: Almost Complete

May 3, 2009

It’s hard to believe, but we’re almost finished with the rehab on The Hat Trick House, only two weeks after we closed on the purchase! In fact, we neared completion the middle of last week, and just need to put the finishing touches on — some trim work, some clean-up, and some touch-up paint.
I [...]

0 comments Read the full article →

House #9: Officially Ours

April 20, 2009

We closed on the purchase of The Hat Trick House today…
It’s been a long day, so I won’t go into too much detail, but I wanted to lay out the basic rehab plan, schedule, and budget for this project. Here’s a nice bulleted list of the important points for this rehab:
- My brother — [...]

5 comments Read the full article →

Update for 4/17/2009

April 17, 2009

It’s been an amazingly relaxing week…probably the most relaxing I’ve had since we started this business…
For the most part, we’re out of houses to work on. Most of them are under contract waiting to sell or under contract waiting to be bought, and other than looking for more houses, doing some book-keeping, [...]

3 comments Read the full article →

Update for 4/10/2009

April 10, 2009

Wow, so much going on, and not enough time to write…looks like this is going to be another overall update to bring everyone up to speed:
House #1: The Corn House
The Lease Purchase tenants at The Corn House moved in last week, and sent us a very nice email just the other day. They [...]

5 comments Read the full article →

House #9: The Hat Trick House

April 5, 2009

We just got what-might-be House #9 under contract. It’s the third house in a row (hence the name) that we’ve bought in the same small neighborhood, along with The Red Garage House and The 16-Bid House.
The layout is almost identical to the other two houses, with just some minor differences. For [...]

2 comments Read the full article →

Next Entries →