From the category archives:

Houses

House #12: The Mini House

June 3, 2009

We just picked up House #12 this week… It’s in a part of town that we haven’t purchased in before, mostly due to the fact that there is such a surplus of inventory in that area that little is moving and prices are continuing to drop. So, you might ask why I decided to pick […]

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House #6: Underwriting Misery

May 28, 2009

We’ve had The Red Garage House under contract for nearly 6 weeks now, and while we were happy that the buyer’s financing was dragging on (we couldn’t close on this one until May 14 anyway due to FHA restrictions), we didn’t want it to drag on this long… The contract expires this weekend, and the […]

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House #7: Some Pictures

May 27, 2009

They say better late than never, so… We actually sold The Roach Duplex a couple weeks ago, and I never had the opportunity to post pictures of it before selling it (it was pretty much a wholesale deal, so the Before and After pictures are exactly the same). But, now that we are buying the […]

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House #11: Some Details

May 25, 2009

We now officially have The Sunglasses House under contract, and I wanted to share some details (including pictures) of the property. Here’s the quick rundown: Purchase Price: $33,000 Year Built: 1991 House Type: Split Level, 3/2 with Basement Room, 2-Car Garage Rehab Scope: This is likely to be our biggest rehab to date. Pretty much […]

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House #11: The Sunglass House

May 19, 2009

It’s been a busy week at Lish Properties…in addition to putting House #10 (The Deja Duplex) under contract, we also put House #11 under contract… I first looked at this house back in February, and while standing over a hold in the subfloor in the kitchen of the house, my sunglasses dropped off my shirt […]

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House #10: The Deja Duplex

May 18, 2009

After selling The Roach Duplex for an easy profit last week, we decided to take a look at a couple of the other duplexes that were listed for sale on the same street. We ended up looking at the one two doors down, just listed for $24,000 a couple days ago. It was exactly the […]

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House #7: Final Analysis

May 14, 2009

This is going to be a quick Final Analysis post, as it’s for The Roach Duplex, a property we’ve essentially put no time, work or energy into… In fact, aside from visiting it twice before purchasing it, putting a new lockbox on it after purchasing it, and meeting the buyer there to sign papers the […]

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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 […]

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House #7: Third Offer

May 7, 2009

Hopefully the third time is a charm in trying to sell The Roach Duplex. After a ridiculously low offer that we turned down, and after a failed attempt at getting a buyer to follow-through on their contract, we now have a third offer… My wife received a call this morning to check the duplex out, […]

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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 […]

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