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Category Archives: Rehab
Transformation 2012: Day 2
For reference, I’ve included a “before” image. My 10-day transformation is independent of the work that Mr. H has already completed. Prior to my jumping in to strip wallpaper, he’s already removed tile, modified cabinets, etc. Yesterday I spent the … Continue reading
Transformation 2012: Day 1
We’re flipping another property, code name: Lodestone. Today was Day 1 of a 10-day transformation, for the property and for myself. I focused on wallpaper at the house. In the dining area, there was a lovely silver/white textured paper: After … Continue reading
Posted in employment, Flipping, Flipping Houses, Inspiration, Real Estate, reduce/reuse/recycle/reinvent, Rehab, Transformation
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Another day, another house to flip: Lodestone
On Friday, Mr. H and I closed on another foreclosed/HUD home. We paid ~$85k, we expect to spend ~$20k during the 2 months of rehab. A conservative selling price is $140k. Minus closing costs, we anticipate a profit of over … Continue reading
Posted in Flipping, Flipping Houses, Real Estate, Rehab
Comments Off on Another day, another house to flip: Lodestone
We’re either doing something very right or very wrong
It’s nearly impossible to keep up with our housing shenanigans. We bought a house in ’10 that we have managed as a rental. We bought another house at the end of August ’11 that we intended to flip. It was … Continue reading
Posted in children, family, Flipping, Flipping Houses, Real Estate, Rehab
1 Comment
Real Estate Plot Twists
I hope that the twists and turns of the last month in our real estate saga are not indicative of what we should expect for the future. The flip house that we couldn’t keep on (or off) the market? The … Continue reading
Posted in Flipping, Flipping Houses, Real Estate, Rehab, Uncategorized
2 Comments
Back on the market
We’ve lost another round with our flip house. The 2nd buyer has backed out based on the inspection. Mr. H is back on site making some additional repairs. I did not expect there to be this much drama in the … Continue reading
Posted in Flipping, Flipping Houses, Real Estate, Rehab
1 Comment
Under contract, again
Our Flip House is back under contract, full asking price with a “must fix the foundation” clause. We’ve got the foundation repair lined up for the day after the 10-day “we can renege” period ends. Our tenants vacated our rental … Continue reading
Posted in Flipping, Flipping Houses, Real Estate, reduce/reuse/recycle/reinvent, Rehab
Comments Off on Under contract, again
Contract pending
If you’re going to flip a house, the critical final step is the landing. No amount of aerial grace will overcome faltering missteps at the end. We bought the house on August 29. We spent 5 weeks and ~$5,500 working on … Continue reading
Posted in Flipping, Flipping Houses, Real Estate, Rehab
2 Comments
House for Sale: 1907 Laurel Path
A major milestone: Our “flip house” is finally on the market. Here are the Agent’s photos and his remarks on the listing: “Home has been completely updated with new interior and exterior paint, ceramic tile, 6-panel interior doors, and much … Continue reading
Posted in Flipping, Flipping Houses, Rehab
4 Comments
Almost there
Before: After: No, it’s not “done” done, but it’s darn close. Unfortunately, life demands will keep us away for a few days, but our agent put the sign up in the yard and told us if he gets any calls … Continue reading
Posted in Flipping, Flipping Houses, Rehab
6 Comments