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...

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...

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...

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...

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 was...

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...

House #15 – Will Close Purchase Escrow on Monday

House #15 – Will Close Purchase Escrow on Monday
We should close on House #15 on Monday, we have been ready to close all week, but we have been waiting for the bank to send us the Grant Deed.  It is an extremely cheap house, 2 bedroom 1 bathroom and we are planning to sell it completely rehabed for $120-130k. The house has very...

House #13 – Same Story… Multiple Offers Above Asking

House #13 – Same Story… Multiple Offers Above Asking
Well, I can’t really complain, but we listed House #13 Monday night and now (Thursday night) we have 5 offers all above asking price.  The market seems to be really hot right now and we are sure reaping the benefits, if only we could of bought more properties! There are two...

House #12 – The Fire House, hits the market

House #12 – The Fire House, hits the market
We listed House #12 on Wednesday.  It was a great deal, but needed a ton of work.  There was a large fire, we think set by the previous owner, that started in the garage and moved up and basically burnt right through the middle of the house.  We closed escrow on it February 24...

House #7A and #7B

House #7 was an interesting property.  It was a HUGE lot with over 30,000 sq ft. The front of the lot had a 3 bedroom 1 bathroom house built in the 1940’s. The back of the lot had a duplex with two 2 and 1 units and was maybe built in the 1960’s. House Duplex The layout...

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