House #17 – Is Now Sold!

House #17 – Is Now Sold!
As of yesterday, House #17 is sold.  This one took two escrows and was a bit difficult to make it happen.  We got a cash offer, and right as we finished negotiating the buyer had a stroke, so he had to withdraw the offer.  Later we go a conventional offer, with $150,000 down, from...

Cash Offer on House #17

Cash Offer on House #17
We just got our third offer on House #17 today, and it was almost full-price cash.  The family is wanting to move closer to their sick mother and sold their house closer to LA. This is not the first offer we have received on one our properties, someone gave us a cash offer on House...

First Offer on House #17

First Offer on House #17
Last night, we got an offer faxed to us for House #17.  The offer was about $20,000 under our list price, but the buyer seems very strong, $150,000 down and with conventional financing for about the same amount.  I have not issued a counter yet, I think I will wait until Monday...

Code Enforcement – House #17

Code Enforcement – House #17
About a month ago some of the workers told me a city vehicle drove past the property and was taking pictures of it.  For obvious reasons this concerned me but I hadn’t heard from anyone so I forgot about.  Until this morning, right after I made the Before and After post I...

Rehab Complete – House #17

Rehab Complete – House #17
We have completed the rehab on House #17.  It turned out very good and everyone who has seen it so far is definitely impressed.  Now we just need some conventional offers! Escrow closed on this property in early September so we still have almost 60 days left before we can sell it...

Rehab Update on House #17

Rehab Update on House #17
In Progress Picture The farther House #17 comes along the more I like it.  Here is the latest picture from today.  We put stucco over the bricks on the garage on added stucco and some design over the pillars that hold the porch up.  Obviously, we need to do our color cote on portions...

Rehab on House #17 Coming Along…

Rehab on House #17 Coming Along…
Just a quick post for today.  We closed escrow on House #17 about two weeks ago and we are already rocking away on the interior paint. The previous owners added about 500 sq ft that was permitted, but the roof they had needed to be totally redone.  We have finished this. Kitchen...

House #17 and House #18

House #17 and House #18
This was a productive week for us!  We put three houses under contract and I think we will probably get at least one or two more next week.  House #18 pictured on the right is a total mess.  The layout is terrible, it is missing a kitchen, and it got 15 offers on the first day,...