The Unpredictable world of Real Estate

Well if you have ever been a part of a real estate transaction, you know how unpredictable things can be. If it is not one thing, it is another. When I last posted we were days away from purchasing the Winthrop home. Well the repair costs began to pile up, and the closing costs began to pile up, and the market price began to get less clear as we wade through this current market. Be checking back often as we continue to shop for our next home. We will be starting a new project soon, as the right deal comes along.
For all of you aspiring investors remember this: the money is always there, the deal is harder to find. You find a great deal, the money will appear.

Life and Real Estate

Some people ask me what it is like being in real estate? Whether flipping homes or being one of the top agents in the area, it takes a lot of time and dedication to succeed. I write this as I sit at the office on Sunday afternoon. We've been here for 4 hours and maybe 1-2 more are in store. One thing I know and have been told is it takes several years to build a business that can stand on its own. Our eventual goal is to be able to have our business working for us and not necessarily us for it. Jenn and Jayden have been great. Jenn especially because she has been the support I need. She has been beside me through thick and then. She has helped to develop our business, even though it may not be her favorite thing to do, but she never complains. And Jayden, well she starts school this year and all she knows is Daddy as a real estate guy. She even likes to go and preview homes with me. She's great! So to answer the question above...it is great when you are in the will of God and have found what you enjoy most in life! When you find your purpose and you strive to fulfill it, there is no greater joy! I welcome any comments that you may have.

Pics of Winthrop Home

HERE ARE SOME PICS OF THE BACK AND INTERIOR OF THE HOME. IT NEEDS ALOT OF WORK AND CONTRIBUTION TO CURB APPEAL. I CAN'T WAIT FOR YOU TO SEE THE AFTER PICS!!

New Project

Hey Guys

It has been awhile but we are about to start another rehab (flip house). We just put under contract a home in Ridglea Hills in Fort Worth. Sales price is 133k. 30k repairs (est.) an ARV of 230k. We are really shooting to sale at a price of at least 210k. This would be a nice profit and would get us back in business. We are partnering in this deal with a good friend that lives in New York, Ramsey. He has been great through the process and we are looking forward to much success.
I will be posting pics as soon as they are available. Check back soon for more details.