House #39 – Painted Up

House #39 – Painted Up
House #39 is flying along.  The painter started Tuesday this week and is almost done the inside and about half done the outside.  We should be done at the end of the first week of August and looking forward to getting this house on the market. I have added some preliminary before...
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House #46 – Location Problems? Before and After Pics

House #46 – Location Problems? Before and After Pics
I have not written about House #46 yet, but it is a bit unique.  It is one of the few houses we have purchased with genuine pretty bad “location problems.”  Normally, we probably would not have pursued this house at all but an agent we work with quite a bit got the listing...
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Latest Inland Empire Real Estate Deal

Latest Inland Empire Real Estate Deal
It has been a pretty boring week.  The market is a bit slow, still getting a couple calls on the stuff we have for sale and actually got one or two decent offers so that looks promising.  We are lowering what we’re willing to pay again, pricing us completely out of a lot of...
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House #39 – Video Update

House #39 – Video Update
House #39 is coming along quite well.  We have blueprints at the City awaiting approval and inspections, so we are not going to be able to complete any additional work if we don’t get approval soon. Southern California Edison approved us for temporary power earlier this week.  ...
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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...
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House #26 – Latest Walkthrough

House #26 – Latest Walkthrough
Things are really rolling along for House #26. We got workers to fix and replace the cabinets for the kitchen and the built in media center (total cost $1,200). We have three or four of our workers fixing the electrical, they are probably 75% done after to days of work. We got a...
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Flip that Mansion – Latest Project

Flip that Mansion – Latest Project
This deal was kind of confusing, so I did not mention it on the blog until we closed escrow, earlier today, just to make sure we actually got it. This property isn’t even close to what we normally buy, it was built in 2003, it is over 4,000 sq ft and it has some very impressive...
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Rental House #19 – Before and After

Rental House #19 – Before and After
We are finished House #19, in great timing, we closed escrow about 30 days ago and now we’re finished!  The house is fixed up really nice and we should really flip it, but because 2/5 of our profits would go to taxes we aren’t in a rush to get rid of it. One of our workers...
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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...
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Rental House – House #19

Rental House – House #19
Soon to Be Kitchen House #19 is going to be our second rental property.  Remodeling should be complete in 2 weeks or so.  The picture to the left is what is going to be the kitchen. The layout of this house was really bad, it had numerous code violations and the asset manager...
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