Part Time REI

The What Lies Beneath House     The nick name for our next house might remind you that we got a little surprise when we started to rehabb this house. We found nice hard wood floors and are refinishing them. Here are some in progress shots that will show you how it is coming along. […]

  Does your agent suggest you add some extra touches? Once the restoration part of the flip is done, do some things seem too outdated or dirty? Does the new flooring and the new coat of paint now make some things about the house not acceptable? Do not get into this mind set. Because if […]

Hell hath no fury like a woman scorned deceived. The former occupant of this home was a tenant who was trying to buy the house under some form of owner-financing.  Unfortunately, the owner had some major financial and ethical deficiencies.  Despite accepting the tenant’s down payment and several months of rent, he neglected to forward any of […]

  Steve Martin might be a “wild and crazy” guy but seems the comic has a fair amount of savvy when it comes to investing in real estate. MSN recently reports that the funny guy has listed his villa in St. Barts for $11.4 million. According to CNBC Martin paid about $9 million for the […]

    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 […]

  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 […]

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.  […]