Recently I posted a blog about purchasing two houses for 23% over asking price. This is the primary residence! The other house was smaller and was in pretty good shape so I rehabbed it first as I knew it would be more straight forward. I wanted to wait on the bigger house as it require… Read More Video – What a full scale renovation looks like
Two months ago, a property came online in my local market of Roswell, New Mexico…okay, so ‘local’ is not to say it’s in my backyard as I live 5,500 miles away in Barcelona at the moment. Nevertheless, Roswell is the market I understand and where I feel confident in estimating cost, finding contractors and getting… Read More I just purchased two houses for 23% over asking price in a slow market. Here’s why.
In the days, weeks and months which proceeded the robbery and subsequent radio silence between me and my ‘business partner’, I struggled with what to do. I found myself in the midst of an intellectual dilemma. Do I call him, leave messages, push, prod, insist, contact acquaintances, friends, family? Do I show up at his… Read More An Inauspicious Beginning Part 2 of 2
The disaster that was our first attempt at a fix and flip. … Read More An Inauspicious Beginning
Once we found a reputable property manager in town, we put our house on the market and had it rented out in less than two weeks. The realtor told us that the woman moving in was single, no pets, no kids and from out of town. What better tenant profile could you ask for? Of… Read More Flip One, Final Outcome
Before the offer on our first property had been accepted, we had already packed up and returned home to Doha, Qatar where we were living at the time clueless of the rigmarole that awaited. While we sought out bids for the renovations, we needed to activate our electricity, gas and water. We crossed our… Read More Limping Through Our First Renovation