Flipping a stripped clean house
Thursday, March 14
People often ask me if previous occupants ever strip houses bare. While it doesn't happen very often, it does happen. We found the house on the MLS when we noticed that it was a lot cheaper than any house in the area. We sent an assistant there to get photos of the property, and we quickly saw...
Theres money to be made in the ghetto too!
Saturday, March 09
During an online auction on auction.com, my partner was bidding on some properties we were interested in. Unfortunately, we didn't get any of the properties that we wanted.However, during the auction, my partner got what he described as "click happy" and was the high bidder on a property that w...
Creating Luxury for less
Saturday, September 15
One of my favorite ways to push up a property's value is by increasing the property's perceived value. There are many ways this can be done, including the usual paint and carpet, nice appliances, and flooring. But there are other ways that many overlook, due to their high perceived cost, includi...
Creatively adding value
Monday, April 16
Recently, we came across a deal that on the surface, didn't appear to be that great of a deal. It was a 2 bed, 2 bath, 1454 sqft condo for about $52,000.At the time, we estimated ARV at around $60,000, which leaves very little money on the table.1454 square feet is a lot of space for a two bed c...
Flooded Four Plex
Thursday, March 29
There seems to be a lot of interest in Mult-Family housing on BiggerPockets, and with good reason. Their returns tend to be a bit higher than single family homes. Now those returns don't come free, as multi-family units tend to require a bit more involvement, and here in Las Vegas, the tenants ...
Stolen Kitchen
Tuesday, March 27
As many of you know, going to the trustee sale entails a lot of risks. You assume a lot of the liens, you get the house as is, with no real inspection period, and are buying with cash on a drive-by.This home was purchased at the trustee sale. When the property was driven, the exterior of the pr...