Part Time REI

  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 Once the restoration part of the flip is done, do some things seem too outdated or dirty?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 […]

Ahhhh..mold. That smelly, icky stuff that most home buyers think is a deal breaker. In the flipping world what might deter some potential home buyers might just be your ticket to a great deal.  Now that smells like….money! But not long ago news reports of mold-related illnesses and lawsuits against home builders scared the public […]

  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 […]

  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 […]

  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 […]

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 […]