From the category archives:

Houses

House #5: The DIY House

December 17, 2008

It’s been a while since we’ve bought a house…but not for a lack of trying. Since my wife got her real estate license last month, we have put offers on 8 houses, but weren’t able to reach a compromise with any of the sellers. Last week, we put an offer on #9, and after some […]

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Update for 12/12/2008

December 12, 2008

A quick update before the weekend… House #1: The Corn House The Corn House is still on the market — 50 days and counting. While I’m not too terribly surprised (like I’ve mentioned before, it was my first purchase and I’ve learned a lot since then), it’s a little disappointing to have such a nice […]

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House #3: Down to the Wire

December 10, 2008

We’re finally pulling into the home stretch on The Second Chance House. We’re several weeks behind schedule (which I’m not happy about), but we’re on-budget and the quality of workmanship has been top-notch. In the past week, we have put the first few coats of stain on the hardwood floors, installed the cabinets and countertops, […]

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House #1: No Buyer

November 26, 2008

We had our first offer on The Corn House this past weekend, but unfortunately, it didn’t work out. The potential buyer called my wife on Saturday to take a look at the house, and mentioned up-front that she wasn’t yet pre-qualified for a loan. Of course, we walked her through the house anyway, and she […]

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House #4: Final Analysis

November 22, 2008

As of this afternoon, The Yellow Stain House is officially sold! This project has been at times frustrating, at times fun, and has presented some very unique challenges. Specifically, one of the most difficult aspects of this project has been deciding what our exit strategy would be. We considered a major rehab and flip; we […]

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House #3: Week 8 Update

November 21, 2008

It’s been a while since I posted an update on The Second Chance House. This isn’t because there’s been nothing interesting going on with that rehab…just more to do with all the activity around the other projects… Here is an update: As you can see from the title of this post, we’re into week #8 […]

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House #4: Under Contract

November 19, 2008

It’s official — The Yellow Stain House is now under contract to be sold! We’ve gotten tremendous interest in this house over the past week, and it was only a matter of time before we got an acceptable offer. Today, not only did we get a very reasonable offer, but a second potential buyer who […]

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House #4: Wow!

November 14, 2008

After having The Corn House sit on the market for the past three weeks without anyone even looking at it, I’m completely amazed at the activity we’ve had at The Yellow Stain House in the past 24 hours. We had to remove it from the MLS for about two days due to some paperwork issues, […]

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House #4: Another Offer?

November 13, 2008

I mentioned the other day that the first person to visit The Yellow Stain House was very interested in putting in an offer. She is still working through her financing, and as of yet, we haven’t received a formal offer; but her agent says that if the financing comes through, we will be getting one. […]

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House #4: Why Not Rent?

November 12, 2008

I just received a comment on a previous post asking why I wouldn’t consider renting out The Yellow Stain House. This is a question I get often, and also one I’ve asked myself often. While in theory, renting this property makes a lot of sense (the numbers work well), there are a couple practical issues […]

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