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	<title>Part Time REI &#187; wallpaper house</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>
	</itunes:owner>
	<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; wallpaper house</title>
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	<item>
		<title>Flipping House Series: The Wallpaper House Finale</title>
		<link>http://part-timerei.com/blog/2013/11/18/flipping-house-series-the-wallpaper-house-finale/</link>
		<comments>http://part-timerei.com/blog/2013/11/18/flipping-house-series-the-wallpaper-house-finale/#comments</comments>
		<pubDate>Mon, 18 Nov 2013 17:15:57 +0000</pubDate>
		<dc:creator><![CDATA[Erik Hitzelberger]]></dc:creator>
				<category><![CDATA[Flipping houses]]></category>
		<category><![CDATA[After Repair Value (ARV)]]></category>
		<category><![CDATA[before and after pictures]]></category>
		<category><![CDATA[flipping houses]]></category>
		<category><![CDATA[investing in real estate]]></category>
		<category><![CDATA[the wallpaper house]]></category>
		<category><![CDATA[wallpaper house]]></category>

		<guid isPermaLink="false">http://part-timerei.com/?p=1629</guid>
		<description><![CDATA[&#160; Let&#8217;s take a final look at The Wallpaper House. If you have been following our Flipping House Series you will remember why we named this house The Wallpaper House. For the before shots of the plethora of wallpaper click here. &#160; Let&#8217;s take a look at some of the after shots. &#160; Here is [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>&nbsp;</p>
<p>Let&#8217;s take a final look at The Wallpaper House. If you have been following our Flipping House Series you will remember why we named this house The Wallpaper House. For the before shots of the plethora of wallpaper click <a title="Flipping Houses-The Wallpaper House: Part 1" href="http://part-timerei.com/blog/2013/07/15/wallpaperhouse-temp/">here</a>.</p>
<div id="attachment_1656" style="width: 310px" class="wp-caption aligncenter"><a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0378.jpg"><img class="size-medium wp-image-1656 " alt="Front of Wallpaper House" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0378-300x201.jpg" width="300" height="201" /></a><p class="wp-caption-text">Front of Wallpaper House After</p></div>
<p>&nbsp;</p>
<p>Let&#8217;s take a look at some of the after shots.</p>
<p>&nbsp;</p>
<h3>Here is the kitchen.</h3>
<p><a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0339.jpg"><img class="alignnone size-medium wp-image-1646" alt="DSC_0339" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0339-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0338.jpg"><img class="alignnone size-medium wp-image-1645" alt="DSC_0338" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0338-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0331.jpg"><img class="alignnone size-medium wp-image-1644" alt="DSC_0331" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0331-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0330.jpg"><img class="alignnone size-medium wp-image-1643" alt="DSC_0330" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0330-300x201.jpg" width="300" height="201" /></a></p>
<p>&nbsp;</p>
<h3>Bathrooms</h3>
<p><a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0324.jpg"><img class="alignnone size-medium wp-image-1639" alt="DSC_0324" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0324-201x300.jpg" width="201" height="300" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0306.jpg"><img class="alignnone size-medium wp-image-1636" alt="bathroom remodel" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0306-201x300.jpg" width="201" height="300" /></a></p>
<p>&nbsp;</p>
<h3></h3>
<h3>Bedrooms</h3>
<p><a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0320.jpg"><img class="alignnone size-medium wp-image-1638" alt="DSC_0320" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0320-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0313.jpg"><img class="alignnone size-medium wp-image-1637" alt="DSC_0313" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0313-300x201.jpg" width="300" height="201" /></a></p>
<p><a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0295.jpg"><img class="alignnone size-medium wp-image-1657" alt="bedroom remodel" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0295-201x300.jpg" width="201" height="300" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0297.jpg"><img class="alignnone size-medium wp-image-1658" alt="DSC_0297" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0297-300x201.jpg" width="300" height="201" /></a></p>
<p>&nbsp;</p>
<h3>Family/Living Rooms</h3>
<p><a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0361.jpg"><img class="alignnone size-medium wp-image-1651" alt="DSC_0361" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0361-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0358.jpg"><img class="alignnone size-medium wp-image-1650" alt="DSC_0358" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0358-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0329.jpg"><img class="alignnone size-medium wp-image-1642" alt="DSC_0329" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0329-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0328.jpg"><img class="alignnone size-medium wp-image-1641" alt="DSC_0328" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0328-300x201.jpg" width="300" height="201" /></a></p>
<p>&nbsp;</p>
<h3>Dining Room</h3>
<p><a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0352.jpg"><img class="alignnone size-medium wp-image-1649" alt="DSC_0352" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0352-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0346.jpg"><img class="alignnone size-medium wp-image-1648" alt="DSC_0346" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0346-300x201.jpg" width="300" height="201" /></a></p>
<p>&nbsp;</p>
<h3>Backyard area, deck and front landscaping</h3>
<p><a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0375.jpg"><img class="alignnone size-medium wp-image-1654" alt="DSC_0375" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0375-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0372.jpg"><img class="alignnone size-medium wp-image-1653" alt="DSC_0372" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0372-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0371.jpg"><img class="alignnone size-medium wp-image-1652" alt="DSC_0371" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0371-300x201.jpg" width="300" height="201" /></a> <a href="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0377.jpg"><img class="alignnone size-medium wp-image-1655" alt="DSC_0377" src="http://part-timerei.com/wp-content/uploads/2013/11/DSC_0377-300x201.jpg" width="300" height="201" /></a></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>To learn more about Part-Time REI visit us at <a title="Part-Time REI" href="http://part-timerei.com/" target="_blank">http://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>
]]></content:encoded>
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		</item>
		<item>
		<title>Flipping Houses-The Wallpaper House: Part 1</title>
		<link>http://part-timerei.com/blog/2013/07/15/wallpaperhouse-temp/</link>
		<comments>http://part-timerei.com/blog/2013/07/15/wallpaperhouse-temp/#comments</comments>
		<pubDate>Mon, 15 Jul 2013 16:00:30 +0000</pubDate>
		<dc:creator><![CDATA[Erik Hitzelberger]]></dc:creator>
				<category><![CDATA[Flipping houses]]></category>
		<category><![CDATA[during your lunch hour]]></category>
		<category><![CDATA[flipping houses]]></category>
		<category><![CDATA[investing in real estate]]></category>
		<category><![CDATA[property repair estimate sheet]]></category>
		<category><![CDATA[wallpaper house]]></category>

		<guid isPermaLink="false">http://part-timerei.com/?p=151</guid>
		<description><![CDATA[&#160; Flipping Houses-The Wallpaper House: Part 1 &#160; &#160; 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 [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>&nbsp;</p>
<p style="text-align: center"><strong>Flipping Houses-The Wallpaper House: Part 1</strong></p>
<p>&nbsp;</p>
<div id="attachment_152" style="width: 310px" class="wp-caption aligncenter"><a href="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0841.jpg"><img class="size-medium wp-image-152" title="Wallpaper house" alt="flipping houses, before and after photos" src="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0841-300x201.jpg" width="300" height="201" /></a><p class="wp-caption-text">The &#8220;Wallpaper House&#8221;</p></div>
<p>&nbsp;</p>
<p>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 be charged with a felony and incarcerated for a long time. Hence our name for this project; &#8220;The Wallpaper House.&#8221;</p>
<p>Since our intent was to flip this house on our first visit we filled out the <a title="How to Use a Property Repair Estimate Sheet" href="http://part-timerei.com/blog/2013/07/26/how-to-use-a-property-repair-estimate-sheet/">Property Repair Estimate Sheet </a>(our punch list).  As previously noted, when <a title="Flipping Houses University" href="http://part-timerei.com/flipping-houses-university/">investing in real estate </a>, it is important to not waste time completing work on homes you may not even purchase.  With the proper systems, you can review the property and the comps and make an offer <a title="Flipping Houses During Lunch" href="http://part-timerei.com/blog/2013/07/19/flipping-houses-during-lunch/">during your lunch-hour</a>.  On our initial visit we were able to determine that the house over all was in pretty good shape, but needed to be updated.</p>
<p><strong>Challenges</strong></p>
<p>As our team encountered, when you are flipping houses, wallpaper can be a nightmare.  Taking it down can be tedious, damage the walls, and generally make a mess.  We doubled our painting cost estimate to compensate.</p>
<div id="attachment_162" style="width: 211px" class="wp-caption alignleft"><a href="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0848.jpg"><img class="size-medium wp-image-162 " alt="before and after" src="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0848-201x300.jpg" width="201" height="300" /></a><p class="wp-caption-text">wallpaper to be removed</p></div>
<div id="attachment_204" style="width: 211px" class="wp-caption alignright"><a href="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0856.jpg"><img class="size-medium wp-image-204" alt="wallpaper, bathroom" src="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0856-201x300.jpg" width="201" height="300" /></a><p class="wp-caption-text">Bathroom before</p></div>
<p>&nbsp;</p>
<p>&nbsp;</p>
<div id="attachment_163" style="width: 310px" class="wp-caption aligncenter"><a href="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0849.jpg"><img class="size-medium wp-image-163" title="Kitchen Before" alt="Kitchen Before, wallpaper" src="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0849-300x201.jpg" width="300" height="201" /></a><p class="wp-caption-text">Kitchen Before</p></div>
<p>&nbsp;</p>
<div id="attachment_165" style="width: 310px" class="wp-caption aligncenter"><a href="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0874.jpg"><img class="size-medium wp-image-165" alt="wallpaper" src="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0874-300x201.jpg" width="300" height="201" /></a><p class="wp-caption-text"></p>
<p style="text-align: center"><a href="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0872.jpg"><img class="size-medium wp-image-205 " alt="wallpaper house" src="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0872-300x201.jpg" width="300" height="201" /></a></p>
<p>bedrooms before</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p></p></div>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>Outside, you can see the yard is almost entirely weeds and the landscaping was overgrown. There is also the issue of  2 trees being dangerously close to the house.</p>
<div id="attachment_164" style="width: 310px" class="wp-caption aligncenter"><a href="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0891.jpg"><img class="size-medium wp-image-164" alt="landscaping before" src="http://part-timerei.com/wp-content/uploads/2013/07/DSC_0891-300x201.jpg" width="300" height="201" /></a><p class="wp-caption-text">landscaping before</p></div>
<p>Lastly the home has a <a title="http://www.ismypanelsafe.com/fpe.aspx" href="http://www.ismypanelsafe.com/fpe.aspx">Federal Pacific</a> electric panel that has to be replaced. Experts now say that FPE panels can appear to work fine for years, but after one overcurrent or short circuit, they can overheat and become fire hazards. So to to be proactive we normally replace.</p>
<p>The basic plan for the inside is to renovate the kitchen, install new flooring, lighting, and updated vanity tops in the bathrooms. We will also redo the fireplace surround and repaint the entire house after all the wallpaper is removed. Outside, we will clean up the landscaping, paint the siding and deck, then lay sod in the front yard.</p>
<p>Stay tuned to see how the progress of the Wallpaper House goes in the weeks to come.</p>
<p>&nbsp;</p>
<p>To learn more about Part-Time REI visit us at <a title="Part-Time REI" href="http://part-timerei.com/" target="_blank">http://part-timerei.com/</a></p>
<p>Or visit us on FB at: <a title="Part-Time REI" href="https://www.facebook.com/PartTimeRei" target="_blank">https://www.facebook.com/PartTimeRei</a></p>
<p>Linked In <a title="Part-Time REI" href="http://www.linkedin.com/company/part-time-rei" target="_blank">http://www.linkedin.com/company/part-time-rei</a></p>
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