From the category archives:

Making Offers

Where Are The Houses?

October 10, 2009

It’s been a pretty slow couple months in the business…with the baby being born, waiting to close on several houses that were under contract, and focusing on a couple future business ideas that we’re developing, we haven’t really been looking for new rehab projects.
We have been working on The Poor House for two weeks now, [...]

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House #8: First Contract

September 14, 2009

After several showings of The 16-Bid House over the weekend, we received two written offers, and several other interested buyers…
So as not to extend this deal too long (baby is coming any day now), we decided to try to negotiate the best offer to where we wanted it, and get the paperwork signed as quickly [...]

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No More Skyline House

September 4, 2009

We just can’t seem to get that 13th house purchased…as of today, we’ve backed out of purchase of The Skyline House…
I really hate backing out of deals, but there were three reasons we backed out of this one:

The title company was having issues getting clear title to the property. We were supposed to close [...]

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The Skyline House

August 24, 2009

As we’ve been spending much of the past couple months getting ready for the baby, it’s been a while since we’ve purchased a house. But, after putting in several offers at the end of last week, it appears we have our thirteenth house under contract…
The house is about 10 years old, in pretty good [...]

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Making Offers Again

August 4, 2009

It’s been a slow several weeks for us in terms of buying new properties. With a quick rehab completing on The Mini House, a very major rehab underway on The Sunglasses House, my wife and I spending time getting ready for our new baby (due in September), and both of us trying to get [...]

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The Unlucky House – No Go

June 16, 2009

I’ve had a bad feeling about what was-to-be House #13 for a couple weeks now. I think the biggest issue I’ve had is that the listing agent for the property has been making it very difficult for us to get through the purchase without making us jump through hoops.
First, she submitted the buyer information [...]

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The Unlucky House

June 5, 2009

We just put House #13 (turned out not to be House #13) under contract!
And boy, am I getting lazy with my house names…since this is #13, we’re just going to call this one The Unlucky House and hope that it’s just a name and it’s not reflective of what’s to come…
While we [...]

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Offers, Offers, Offers

May 29, 2009

The past couple months, we haven’t put in too many offers on houses. In fact, we’re only averaging about three offers a month since March.
Luckily, we’ve gotten two houses in that time – The Deja Duplex and The Sunglasses House – but it could have just as easily been none, and we’d [...]

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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 [...]

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Update for 1/16/2009

January 17, 2009

Here’s a general update on what’s going on with the houses and the business…
House #1: The Corn House
Nothing much new here…we just hit 90 days on the market (still less than average DOM for this area), and haven’t had too many showing outside of the first weekend. My wife, brother and I have [...]

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