From the category archives:

Rehab

Lessons Learned (Part 1)

September 18, 2008

I was asked in a comment what were some of the lessons learned on The Bulge House rehab. As my goal is to scale my business to the point where I can do several houses at once, it’s important that I reflect on my day-to-day efforts (and business strategies) to determine how to optimize, improve, [...]

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House #2: The Last 10%

September 11, 2008

Everyone in this business has reminded me that the last 10% of any project is the hardest (and takes the longest). Now that I’m down to the last 10% of The Bulge House, I’m really starting to understand that. Part of the problem on this house is that I was originally planning to rent it, [...]

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House #2: Almost “After” Pics

September 8, 2008

I was hoping to post the AFTER pictures of The Bulge House today, but a lot has happened over the past 48 hours (both good and bad), and it appears the house isn’t completely “after” just yet… Here are the almost after pics… And here are the before pics, to refresh your memory… There are [...]

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House #2: Down to the Wire

September 5, 2008

Unfortunately, for the first time since the beginning of May, I missed posting an entry on my blog on a weekday (I’m sure you noticed that there was no posting on Thursday . While I certainly have plenty to write about, the past three days have been the busiest in recent memory; and it’s all [...]

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House #2: Rehab Progress

August 29, 2008

As mentioned in a previous post, The Bulge House will be used as a rental for a family member, and from closing to move-in, I have 2 weeks to get the place ready. This includes getting the major things fixed (A/C, Furnace, Water Heater, Roof), getting the finishings completed (new lights, fans, appliances, doorknobs, bathroom [...]

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All About Paint (and Systems)

August 28, 2008

This post is about paint. It’s also about the need to create systems to streamline my business (remember my business philosophy?). Yes, both of those are boring subjects, but they are important topics to address while trying to systematize my investing business to the point where I can manage several (i.e., more than 5) rehabs [...]

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House #2: Scope of Work

August 25, 2008

The Bulge House is now officially mine, and in anticipation of the closing, I put together both a Scope of Work and a materials list for the rehab of this property. Compared to the other two houses, this one is in pretty good condition. While the other two houses need a lot of cosmetic work, [...]

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House #2: Down to the Wire

August 22, 2008

I closed on The Bulge House yesterday. While I was hoping for a smooth and easy close, I was unfortunately a bit disappointed… The good news is that the appraisal came back very solid, at $75K. I’m paying $61K, plus getting a $2500 credit towards rehab, so essentially my purchase price was $16,500 less than [...]

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House #1: Day 1 of Rehab

August 19, 2008

Rehab has started on The Corn House. Just to allow everyone to follow along on this rehab, I’ve took a couple videos of the house, as well as a bunch of pictures after the first day of rehab. Here is a video of the main floor of the house, along with some front and back [...]

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