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Puppy Update II

August 13, 2010

For those who were following the story of the puppy we found in the REO property last week, I just wanted to give a quick update…
After nursing the puppy back to health for a few days, my brother found an animal rescue organization that was willing to take him and try to find him a [...]

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Puppy Update

August 3, 2010

I posted yesterday about the puppy we found in the vacant house over the weekend, and since I’ve gotten a lot of queries about how he’s doing, I wanted to post a follow-up…
My brother picked the pup up from the vet Monday evening, and the vet basically said that he has some neurological issues and [...]

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The Puppy House

August 2, 2010

I wish I could say The Puppy House was our next purchase, but unfortunately we just found out that the bank has already accepted a contract on it, so it doesn’t look like we’ll be buying it.
So, you may be wondering, why does this particular house warrant its own name and blog post? [...]

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20 Best RE Blogs

July 4, 2010

Let me reiterate that I haven’t fallen off the earth, and I haven’t stopped writing this blog…
After two years of constant house flipping and blog writing — and with the $8000 homebuyer tax credit expiring at the end of this past April — we decided to take a one month hiatus from flipping (and mostly [...]

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General Update

May 17, 2010

If you follow my blog, you probably have noticed that things have slowed down over the past few weeks. With the exception of finalizing the sales of both The Escher House and The Pine House, we haven’t been doing much in terms of buying or selling properties…
There’s a couple (good) reasons for this…
First and [...]

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FHA 90-Day Rule Update

January 17, 2010

First, thanks to the 40 or so people who sent me email about the pending changes to the FHA 90-Day Flipping Rules. And I mean that with all sincerity — I truly appreciate when my readers and colleagues keep me updated on what’s going on in the real estate world. In fact, I [...]

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Fannie Mae: New REO Rules

November 4, 2009

There are plenty of rules and regulations in real estate that make being an investor difficult…unfortunately, as of a couple weeks ago, there’s now one more…
It’s been several weeks since we submitted any offers, but as I mentioned the other day, we are in the process of going after about a half-dozen houses this week. [...]

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Questions? Topic Suggestions?

July 7, 2009

Hey everyone…
First, for everyone who has provided great feedback and compliments on the site (through comments, emails, etc), let me say a very sincere THANK YOU!
The goal of this site is to provide “in the trenches” information on rehabbing and flipping; stuff that you might not find by buying a course or sitting [...]

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Welcome to 1-2-3 Flip

May 16, 2009

Welcome to our new site, 1-2-3 Flip…
For those of you who have followed us here from REI Startup (our previous blog domain), thank you for coming. As you will see, not only is all the REI Startup content from the past year still available here, but I will continue to update the blog almost [...]

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My RE Business Plans

May 4, 2009

Over the past year, I’ve received dozens of email requests for copies of my full business plans — both my Business Plan for Flipping Houses and my Business Plan for Investing in Multi-Units and Apartments. While I’ve posted parts of those plans on my blog throughout the year, I’ve never made the full business [...]

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