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	<title>Part Time REI &#187; fire damage</title>
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	<description>Real Estate Investing while Working Full-Time</description>
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	<itunes:summary>Part-Time REI is a real estate investment education company. Our Lunch-Time Profits System is designed to teach you how to fix and flip homes in your spare time. We specialize in helping investors learn how to control their own financial future. Most importantly, we show you how to leverage other people&#039;s time and expertise to help you accomplish your goals. Finally, we provide systems so that you can repeat the process again and again.</itunes:summary>
	<itunes:author>Erik Hitzelberger and Bryan Snider: Part-Time Real Estate Investors, rehabbers</itunes:author>
	<itunes:explicit>no</itunes:explicit>
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		<itunes:name>Erik Hitzelberger and Bryan Snider: Part-Time Real Estate Investors, rehabbers</itunes:name>
		<itunes:email>support@part-timerei.com</itunes:email>
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	<managingEditor>support@part-timerei.com (Erik Hitzelberger and Bryan Snider: Part-Time Real Estate Investors, rehabbers)</managingEditor>
	<itunes:subtitle>Part-Time REI podcast with host Bryan Snider and Erik Hitzelberger talk about investing in real estate and flipping houses in your spare time.</itunes:subtitle>
	<itunes:keywords>flipping houses, investing in real estate, part-time, second income, retire early, flipping homes, flipper, REI, rehabbing</itunes:keywords>
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		<title>Part Time REI &#187; fire damage</title>
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		<title>Flipping House Series: The Fire House</title>
		<link>http://part-timerei.com/blog/2014/02/10/flipping-house-series-the-fire-house/</link>
		<comments>http://part-timerei.com/blog/2014/02/10/flipping-house-series-the-fire-house/#comments</comments>
		<pubDate>Mon, 10 Feb 2014 17:00:34 +0000</pubDate>
		<dc:creator><![CDATA[Erik Hitzelberger]]></dc:creator>
				<category><![CDATA[Flipping House Series]]></category>
		<category><![CDATA[Flipping houses]]></category>
		<category><![CDATA[investing in real estate]]></category>
		<category><![CDATA[fire damage]]></category>
		<category><![CDATA[flipping houses]]></category>
		<category><![CDATA[the fire house]]></category>

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		<description><![CDATA[&#160; Rarely do we decide to buy a house with extensive damage to it with the intention to flip it. Sometimes though you can really pick up a good deal from a wholesaler. That is exactly what happened with our next house in our Flipping House Series: The Fire House. As you might have guessed, [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>&nbsp;</p>
<p>Rarely do we decide to buy a house with extensive damage to it with the intention to <a title="Flipping Houses University" href="http://part-timerei.com/flipping-houses-university/">flip it.</a> Sometimes though you can really pick up a <a title="What is Wholesaling and Why You Need It" href="http://part-timerei.com/blog/2013/10/16/whatiswholesaling/">good deal from a wholesaler. </a>That is exactly what happened with our next house in our Flipping House Series: The Fire House.</p>
<p><a href="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1434.jpg"><img class="aligncenter size-medium wp-image-2211" alt="the fire house" src="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1434-300x201.jpg" width="300" height="201" /></a></p>
<p>As you might have guessed, The Fire House had some extensive fire damage. A Wholesaler had purchased the house and had gutted it and started to frame it but then decided to sell it. Buying a fire damaged house can be tricky as you have to make sure in your initial inspection that there was not any structural damage done that is irreparable. A <a title="What’s a Whole Home Inspection Involve?" href="http://part-timerei.com/blog/2013/12/13/whole-home-inspection/">whole home inspection</a> will help you determine if the extent of the damage is worth the effort.</p>
<p>Here are several before shots of the inside of the house. Everything will have to be finished out: the floors, walls. bathroom, bedrooms, kitchen, you name it.</p>
<p><a href="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1440.jpg"><img class="alignright size-medium wp-image-2216" alt="DSC_1440" src="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1440-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1439.jpg"><img class="alignright size-medium wp-image-2215" alt="DSC_1439" src="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1439-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1438.jpg"><img class="alignright size-medium wp-image-2214" alt="DSC_1438" src="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1438-201x300.jpg" width="201" height="300" /></a> <a href="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1437.jpg"><img class="alignright size-medium wp-image-2213" alt="DSC_1437" src="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1437-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1436.jpg"><img class="alignnone size-medium wp-image-2212" alt="remodeling a fire damaged house" src="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1436-201x300.jpg" width="201" height="300" /></a></p>
<p>&nbsp;</p>
<p>Here are some outside shots of the back of the house needing repair, the deck and an old shed that will have to be torn down.</p>
<p>&nbsp;</p>
<p><a href="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1489.jpg"><img class="alignleft size-medium wp-image-2218" alt="DSC_1489" src="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1489-300x201.jpg" width="300" height="201" /></a></p>
<p><a href="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1441.jpg"><img class="alignleft size-medium wp-image-2217" alt="DSC_1441" src="http://part-timerei.com/wp-content/uploads/2014/02/DSC_1441-300x201.jpg" width="300" height="201" /></a></p>
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<p>Stay tuned in the up coming weeks to see how wonderful this little fire damaged house turns out.</p>
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<p>To learn more about Part-Time REI visit us at <a title="Part-Time REI" href="http://part-timerei.com/" target="_blank">http</a><a title="Part-Time REI" href="http://part-timerei.com/" target="_blank">://part-timerei.com/</a></p>
<p>Or connect with us <a title="https://www.facebook.com/PartTimeRei" href="https://www.facebook.com/PartTimeRei"><img alt="FB icon" src="http://part-timerei.com/wp-content/uploads/2013/11/FB-icon.png" width="32" height="32" /></a> <a title="http://www.linkedin.com/company/part-time-rei" href="http://www.linkedin.com/company/part-time-rei"><img alt="linked in icon" src="http://part-timerei.com/wp-content/uploads/2013/11/linked-in-icon.png" width="32" height="32" /></a></p>
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