From the category archives:

Houses

House #18: Flip Analysis

September 9, 2010

In my last post, I provided a detailed financial analysis of what we could expect if we were to hold The Haggle House as a rental. In this post, I want to do a quick financial analysis of what our profits would look like if we were to rehab/flip it instead… If you recall The […]

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House #18: Rental Analysis

September 8, 2010

As it appears The Haggle House may be our first long-term rental, and given the questions a couple readers have posed, I wanted to spend this post going through the financial details of this particular rental opportunity… (Note: If you only care about the numbers, feel free to scroll down to the spreadsheet further down […]

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House #18: The Haggle House

September 5, 2010

It’s been a while, but we just put House #18 under contract…it was the house I’ve been discussing in my “Follow the Offer” posts… (full credit to Tom Tarrant for coming up with a great name for this one!) Last Wednesday, I mentioned that the bank had verbally accepted our final offer, after much negotiation […]

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Follow The Offer V

September 1, 2010

A few weeks ago, I wrote several posts about an offer that I had made on an REO property. The goal was to give my readers an idea of the back-and-forth we often have with sellers when negotiating purchases and our thinking throughout the process… The last update I posted was back on August 12, […]

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House #14: Update

August 29, 2010

It’s been a while since I’ve given an update on The Pine House… Last I mentioned, we had a second full-price contract on the house with a buyer who was getting funded through NACA. I’m sure I mentioned it at some point (though I can’t find any posts), but because NACA is so backed up […]

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House #1: Refinance

August 24, 2010

I gave an update on The Corn House yesterday, and forgot to mention one thing. I’ve had about a bunch of my own cash tied up in this house for the past two years, and without refinancing my cash out (i.e., using some financial leverage), my ROI on that cash investment is ending up to […]

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House #1: Summer Update

August 23, 2010

I’ve had a couple people ask me for an update on The Corn House, and I realized that it’s been a while since I’ve even mentioned it… My last update was in May, at which point the lease-purchase tenants were making progress on their credit and we were pursuing both FHA and NACA financing for […]

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The Highest Compliment

August 17, 2010

My wife and I got paid the highest compliment we could imagine by a buyer today — we got invited to their housewarming party! The Escher House sold back in May. About a month ago, the buyers had an issue with a soffit that wasn’t sealed properly, causing water to come through the kitchen ceiling […]

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Follow The Offer IV

August 12, 2010

I’ve love to say I had a status on the offer we made last week that I’ve been posting about… But, unfortunately, still no word. We called the listing agent yesterday to ask the status, she said she’d look into it and get right back to us, and then no return phone call. It’s not […]

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Follow The Offer III

August 9, 2010

Not much to report on the status of the offer I’ve been discussing… As I mentioned in my last post, the listing agent asked for our best offer last week, and we still haven’t heard anything from the bank. Assuming this were a true “highest and best” situation where there were multiple bidders, I would […]

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