After 3 months of working on it, we put our first flipped house on the market in mid-March and went under contract shortly afterward. Closing is around the corner, but I'm superstitious so won't be sharing any of the financial details until the money is in the bank. But, stay tuned and keep your fingers crossed for us that the closing goes smoothly! In the meantime, I've finally gotten around to organizing the 100s of photos I have of our fist flip project. While John did the lion's share of the labor on this project, I made every single decision around finishes and look. There were definitely some hiccups (mental note: white penny tile + white grout = blech), but all-in-all I think it came together nicely. For all of you out there who thinks it sounds like fun to choose the finishes, it is...but it's also very stressful (especially when your boyfriend/business partner is impatient with how much time you are taking to look at tile!). It's one thing to choose a tile you like. It's a completely different story when you have to think through whether that tile will look good with the vanity you are choosing, and whether that vanity will ...
Flip #1 Update: Before Photos & Videos
You guys!!! I've been a terrible blogger. I'm so sorry. The flip project is nearly done and I haven't even posted before photos/videos. Well, get ready for an onslaught of information. But, first here is a little teaser before photo of the house: Before photo: our first flip A lot has happened since my last post. We started out by getting bid after bid from contractor after contractor. Originally we were going to hire a contractor and crew to get the lion's share of the rehab work done, but we quickly realized that reliable contractors are nearly impossible to come by, and those who are reliable charge extra for that reliability. So, John decided to move forward with the work himself. I'm lucky...not only do I have a partner who knows his s*!T when it comes to real estate, but he has also done a lot of the labor involved in rehabbing houses. Eventually, we found someone to help John out on a day-to-day basis, so that's been helpful. Now, it's time for the house details. It's a small 3 bedroom, 2 bath ranch home in the north/northwest suburbs of Chicago with a full basement. The main level is less than 900 ...
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