House #32 – Before and After + Other Updates

House #32 – Before and After + Other Updates
I just finished listing House #32 on the MLS.  The rehab went smooth, we ended up framing in a fourth bedroom and it turned out really spacious.  Next time I’m out that way I will take a video of it. The kitchen turned out great and overall, I like the house a lot.  Great...

Leveraging Your Investment Team

Leveraging Your Investment Team
Well, if you read my last post you probably know what I think about most real estate gurus.  I do believe in that a strong team can save you a lot of money, but it doesn’t happen overnight. For House #16, we put it into escrow on Tuesday.  Last week I sent a informal counter-offer...

House #16 – Before and After Pictures

House #16 – Before and After Pictures
So Steve, you’ve owned this property for almost 5 months and haven’t sold it or given us an update?  Yes, it’s true, we have owned this property a long time and we just listed it on the MLS 10 days ago.  Why, well a lot of reasons, but no great ones.  We had a...

House #23 Wholesaled

House #23 Wholesaled
I just got back from House #23 to meet the wholesale buyer and one of the “middleman.”  About a month ago one of my colleagues introduced use do one of the biggest wholesalers in the area. He helped us sell House #21 and he is working on the duplex (thinking one of his...

Escrow Company Lost the Grant Deed – House #16

Escrow Company Lost the Grant Deed – House #16
Just a quick note for today, but I thought we where supposed to close House #16 yesterday.  I tried calling the escrow office three times and never got a return phone call.  After that, I called the Listing Agent and asked him what the deal is, he said he would call and get some...

Close of Escrow – House #16 & House #18

Close of Escrow – House #16 & House #18
House #18 "Kitchen" Tomorrow we are closing our purchase escrow on House #16 and House #18.  We probably will not start the rehab process for 30 days on either though.  Both are likely going to go to an FHA buyer and we need to wait 90-days to sell to them, due to the...

House #16 – Under Contract

House #16 – Under Contract
Well, today was a pretty good day in our world.  We finally closed escrow on House #14 today!  And we broke out of our rutt and finally got a contract accepted.  The deal is good, but not great.  It will depend on what the market does this winter. It is a 3 bedroom, 2 bathroom...