The House Flipping Bible

About Flip Thy House

This site is a hands-on look at the world of house flipping and real estate investing as a whole. Follow along as I delve into the world of flipping houses, home renovations, managing rental properties, wholesaling, short sales, and other REI topics.

Current and Past Projects

The Larry House
Purchased: 02/2009
Purchase price: $6,700
Status: Currently renovating

The Creek House
Purchased: 03/2009
Purchase price: $38,000
Status: Renovated and sold for $128,000 on 11/11/2009

The Wee House
Purchased: 12/2008
Purchase price: $9,500
Status: Renovated and rented at $525/month

The Stuck in the '50s House
Purchased: 10/2007
Purchase price: $84,000
Status: Renovated and sold for $150,000 on 06/2008
The Tattoo Parlor House
Purchased: 3/2007
Purchase price: $60,000
Status: Renovated and rented at $850/month

Featured Site

Patio curtains buying guide
 
  • Keepin’ On Keepin’ On

    (0)
    Posted on April 28th, 2007SethRenovation, The Tattoo Parlor House

    Been a bit remiss in updating things here, but it’s more due to a lack of exciting developments than anything else. I think I took a night off earlier this week, but other than that I’ve been plugging away every night after work at the Austin house.

    I am, finally, getting pretty close to the finish line. Another marathon day tomorrow should knock out all the major stuff and just leave a few odds and ends here and there. Overall I’m pretty happy with how things went, although it’s been a good learning experiment as far as just how long wrapping up all the myriad loose ends takes. I’ve been pretty spot-on as far as guesstimating how long the major stuff will take, but keep undershooting when it comes to guessing how long stuff like painting kitchen cabinets will take, or swapping out old outlets for GFCIs, etc. Which I guess comes with experience, as I do more of this stuff.

    The new roof is going on the Main St. house on Monday, and hopefully I can redeploy the forces and start working on it by Wednesday. Just made the first mortgage payment so the click is ticking more loudly than it was before. I’m taking all of next week off from work, so hopefully I can put a majorĀ  dent in the Main St. house repairs. I’ve been waffling a bit on all the ceramic tile I planned to put down, and may instead pay someone to put down laminate. Working at the Austin house set plans back a bit and I need to get moving on the Main St. house, and likely just plunking down some money to get stuff done, without getting bogged down in trying to do everything myself as planned.