House #3 is SOLD!

We purchased House #3 on October 24, 2008.  Just under 4 months later we just closed escrow.  This deal turned out to be quite profitable for us.  All of our repairs where right on budget and we ended up selling it for about $5,000 over our appraised value. Before After Before After Before After The...

Permits are no fun!

House #4 is beginning to becoming a major pain!  The inspector keeps adding what seem to be new requirements. Once we pulled the roof off, he forced us to re-inforce the existing rafters. The existing footers needed to be re-inforced. And now for some reason, he does not like a...

The Roof is Down and it’s raining!

Well, yesterday, we had a minor complication with the inspector.  This house was built in about 1880 and has had numerous additions including 5 layers of previous roofing.  After we finally got it all off, our inspector stopped by and said we are going to have to get an engineers...

Working… or hardly working?

I have not had time to post very much lately.  I wish I could say it was because I was off on vacation, but we have been swamped closing properties, getting permits and fixing what we got. House #3 – In Escrow (or Close) This house should be in escrow today at a solid above...

House #3, The Break-Ins, Corner Lots…

House #3 is in what we thought was a good area of our farm.  We did get a smoking deal.  After we purchased it, we realized the street was a little bit busier then we thought, but figured we would be okay. Fast forward 90 days later and we have had a whole run in of break-ins: Our...

House #9 Closed – Accepted Offer on House #3

House #9 Everything on House #9 went as planned, which is not very common in this business.  The escrow company that the bank picked I was nervous about, my agent has had numerous bad experiences with them.  At the end of the day, they did a professional job of being organized and...