Part Time REI

Fire-Damaged? Great! Structural Issue? No problem.  Mold?  Mmmm….Smells like money!  Most of the time, distressed properties and your run of the mill “ugly” or “dated” houses are hot pickings when flipping houses.  But there are properties out there that you should avoid at all costs.  Here are 8 properties that make our list of houses not to […]

    Time is money!  While cliche, this statement is absolutely true when investing in real estate and, doubly so if you are investing on a part-time basis.  So how can you make sure that you are not overspending your time and money when flipping houses?  Having good systems is critical. One of the more […]

  If you are a Doomsday Prepper and have been living in a shelter since the Mayan Apocalypse, you may not realize that the above-ground real estate market is back.  The rest of us have once again been inundated with news articles and TV shows about flipping houses.  From HGTV to CNN, the airwaves are […]

  I am sure most of you remember that show that gave us Ashton Kutcher and Mila Kunis, you know That 70’s Show?   Well, our next project in our flipping houses series could have been the Forman’s neighbors. That 70’s House was purchased from an individual as an Estate sale with the intent of flipping […]

  Instead of tweeting photos of your sandwich, watching Sportscenter, or, heaven-forbid, reading work emails; why not spend your lunch hour doing something to earn money?  We here at Part-Time REI are all about efficiency.  If you are flipping houses as a way to supplement your income, there are many better ways to spend your […]

Success can be yours You don’t have to be Barbara Corcoran  to be a successful real estate investor.  Hers is story is a good story though, as investing in real estate goes.  Most of us know her as a very successful real estate investor from New York City who propels and smashes dreams on the […]

  Flipping Houses-The Wallpaper House: Part 1     When we get to make the laws, it will be at least a misdemeanor to sell a house with wallpaper.   If you want to put it up while you live there, that’s fine.  Take it down prior to selling.  The previous owner’s of this house should […]

  Flipping Houses 101: Important Basics   Despite the fact that HGTV has once again converted its entire line-up to rehabbing and home buying shows, we’ve found there is some confusion regarding what flipping houses really involves. Since our blog focuses on investing in real estate in general and flipping houses in particular, we want […]

Forced and Market Appreciation—Do you know the difference?     Today we are going to talk about something very important to investing in real estate—appreciation. Appreciation is the rise in value or price, of your real estate investment.  When you are flipping houses, the property can appreciate (or not) via Forced Appreciation and/or Market Appreciation.  […]

The “Waterfall” House   This house was a foreclosure we found on the MLS.  Our intent was to flip this house, so the purpose of the first visit was to fill out the Property Repair Estimate Sheet (our punch list) and the Deal Analyzer to determine our offer.  When investing in real estate it is […]