Woodmont Update

Woodmont Update

Purchasing Woodmont was a year and a half in the making. Between issues with the out-of-town bank who owned the property and COVID delays, we really started to think it wasn’t going to happen. We decided if we didn’t get it before it went through another winter, we were moving on. It had been empty four years and never was winterized so you can only imagine the damage. Not only that, but purchasing a home out of foreclosure at a sheriff sale means sight unseen.

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Five Tips to Get the Most for Your Home

Five Tips to Get the Most for Your Home

Selling your home can be tough. Opening your doors to buyers can be overwhelming to say the least. Your home is more than just four walls to be critiqued and picked a part. It can be difficult to hear about what people like and don’t like or what they would change and so forth. So how do you know what buyers want? You don’t, each buyer is going to be different, but there are steps you can take to put your best foot forward. I have created a simple five step checklist to help get your home sold quickly and for top dollar.

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What to Expect the Day of the Sheriff Sale

What to Expect the Day of the Sheriff Sale

So it’s the day of the sale. We’ve double checked everything. Now all there is to do is show up. There’s always a slight chance it could be postponed, but not likely. We felt pretty confident given the situation of the foreclosure that no one was going to pay off debt from the estate, so no reason to be postponed or cancelled- right?

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Pain in the Attic

Pain in the Attic

Pain in the attic. And that’s exactly what this project was, a pain in the attic or should I say ass. Vince and I both had experience with home renovation prior to us dating. So once we got engaged and we moved in together, Vince decided he needed a “man attic.” Given our combined background, finishing an attic seemed simple enough — especially since we decided to hire someone to do all the drywall. So basically all we had to do was just finish the room from that point forward. Easy peazy.

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How to Save and Simplify Renovations

How to Save and Simplify Renovations

I remember my first full home renovation quite clearly. I wasn’t really sure what I was doing, but I was doing it- and I kept doing it. To complete an entire home it took us about 8 months. I didn’t think that was too bad for someone who had never painted a wall until this project. We saved a lot of what we could in the property to save money and time.

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What is a Pro Forma?

What is a Pro Forma?

According to the Real Wealth Network, the definition of a pro forma is a method of calculating financial results in order to emphasize either current or projected figures. A property's pro forma in real estate are its cash flow projections. So to make things simple, when you are looking to invest in real estate, a pro forma is essentially an income and expense sheet.

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Letting a Tenant Go

Letting a Tenant Go

She rented from us for six years. She was a tenant I acquired at my first property. We had a rough start, but over the years she became one of our most reliable tenants and we had a mutual respect for each other. I liked her. Things were going well for a number of years, until they weren’t.

She was our first eviction, and it was rough. Things aren’t always black and white, and I had a tough time with the whole situation.

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Purchasing your First Rental

Purchasing your First Rental

Purchasing your first rental is often the most difficult one you’ll purchase. Everything is new and you don’t want to screw up. But as long as you learn from your mistakes and keep pushing forward you’ll be on the right track.

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Pain in the Attic

Pain in the Attic

How we decided on the name ‘pain in the attic’. The project that lead to the blog.

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This is US

This is US

This is us and what makes us tick.

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