The Honeymoon Phase Back in August, I took my realtor, Jesse McDaniel out for dinner. I was only in town for eight days or so and I wanted to be sure to spend some time with him and express my gratitude for the past year helping me find deals and solve problems. At some point… Read More The 3 month flip that took 7 months to sell
On January 1st, I caught up with long-time friend, Nick Symmonds, about working overseas, investing in real estate from abroad and goal setting. You can check out the Podcast at RunGum.com or in the Itunes Store – Run The Day Podcast. You can also check out my goals for 2019 here. Enjoy the interview!
Admittedly, I’ve never been too worried about monitoring financial progress each year. I’ve kept a pretty good budget and I do periodically calculate my net worth, but I’ve done so without a vision for where I wanted to go. Recently I’ve started to think more about being systematic in monitoring my goals and my finances… Read More 2018 In The Rear View
There have been a number of people who have helped me get into real estate investing to whom I owe a debt of gratitude. The first of them is Dave. When I first gained an interest, I began scouring Bigger Pockets for information about real estate investing. I posted something about the city of Roswell,… Read More How I Found the Right Realtor For Flipping Houses While Overseas
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 Outcomes
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
It was December 28th, 2016 and I saw a HUD home online for 42,000 dollars. It was a two bed, two bath place that I didn’t think looked half bad. My wife…not so much. Still, my enthusiasm was infections and I convinced her to check it out with me (or maybe she simply succame to… Read More Impetus