House #92 – Third Time is the Charm

House #92 – Third Time is the Charm
House #92 is an interesting story.  GMAC was the bank that foreclosed on it.  We bought it the first time in August of 2010, it was still occupied and we would have been responsible to evict the tenant.  About two weeks into escrow the bank cancelled because the previous owner...

High End Exterior Bathroom?

High End Exterior Bathroom?
This is my first post for July.  June and July have been crazy busy months for us.  Lots of purchases, lots of sales.  I will be posting a summary this weekend. As we started looking for houses we found an interesting feature in a house for sale.  It was an old two bedroom, one...

Two Project Houses – House #78 & House #79

Two Project Houses – House #78 & House #79
Things have been busy for us and it seems like another month has gone by with me only making 1 blog post in April. If you have followed the blog for a while, you know we love a good project house that other investors shy away from. In April, we ended up buying two “project houses.” House...

House #48 – Wholesale Deal that didn’t Sell

House #48 – Wholesale Deal that didn’t Sell
House #48 was a small and average house on a big lot in a decent area of town, we originally bought it and planned to make it a rental house.  The lot seemed good on paper but in realty it wasn’t easily to expand the property or subdivide the property, so we decided to attempt...

House #50 – Before and After

House #50 – Before and After
We recently completed the remodel on House #50 and within 5 days of it being listed we opened escrow with a buyer!  Take a look, here are some before and after pictures.

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...

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...

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...

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.  ...

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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