OK - Yesterday, I promised to provide some video. Here is a walk-thru of the project I am now working on. The closing date hasn't been set yet, but I'm already moving forward with the inspection (done) and I am waiting for some estimates from my contractors to make sure the numbers actually work out the way I have estimated. I will reveal more about the numbers in future posts when all is said and done and we can analyze what went well and what could have been done better.
For now, take a moment to walk through Curie Court with me and see what kind of work lies ahead of me. My goal is to make this property appealing for a quick sell. Renting it out is "Plan B", but I really don't want to do that on this deal, so let's just remain positive and get this house flipped!
Friday, February 8, 2008
Thursday, February 7, 2008
My Very First Blog Entry!
Hello everyone!
Welcome to my real estate blog! I decided to start this blog as a way to share my experiences as an amateur Real Estate Investor with my friends, family and anyone else who is interested in Michigan real estate from an investor's point of view.
I have titled this blog "Flip And Grow Rich In Michigan" because that's exactly what can happen if you spend some time learning the business and then get out there and start DOING something. Get educated in this business and then set your dreams into actions -- do one thing every day related to your real estate investing business and after one year you will have done 365 significant things toward achieving your dream!
I have just started my second investment project and I will soon post some video clips of this project once I have bottom lined the PA. (That's Realtor-speak for a purchase agreement that has been signed by both the buyer and the seller. Sometimes also referred to as a "fully executed purchase agreement.")
I'm really excited about what is happening in Michigan real estate today. No, I'm not happy about the sad stories behind those who are losing their homes to foreclosure (more on that in future posts) but someone is going to profit from the woes of others and I don't feel guilty if that someone is ME!
I look forward to sharing more of my experiences in future posts ....
Welcome to my real estate blog! I decided to start this blog as a way to share my experiences as an amateur Real Estate Investor with my friends, family and anyone else who is interested in Michigan real estate from an investor's point of view.
I have titled this blog "Flip And Grow Rich In Michigan" because that's exactly what can happen if you spend some time learning the business and then get out there and start DOING something. Get educated in this business and then set your dreams into actions -- do one thing every day related to your real estate investing business and after one year you will have done 365 significant things toward achieving your dream!
I have just started my second investment project and I will soon post some video clips of this project once I have bottom lined the PA. (That's Realtor-speak for a purchase agreement that has been signed by both the buyer and the seller. Sometimes also referred to as a "fully executed purchase agreement.")
I'm really excited about what is happening in Michigan real estate today. No, I'm not happy about the sad stories behind those who are losing their homes to foreclosure (more on that in future posts) but someone is going to profit from the woes of others and I don't feel guilty if that someone is ME!
I look forward to sharing more of my experiences in future posts ....
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