flipping

The Next FLIP Longhouse

IMG_1112

We were winning bidder today at Sheriff Sale, nice Country Subdivision just West of Minocqua WI, It should be a fun flip, a few projects, but not too much crazy, biggest project will be the kitchen, haven’t done one in a while, looking forward to Hickory Cabinets!!!

as you can see we have a few projects, but mostly finish things already started, and one tub/shower to replace, unless that color is all the rage today?

When done we will have a 3 bed 2 full bath home around 1600 sq ft with  car garage, on a nice size lot, just minutes away from Vacation Land, Oh and the buyer can join the association and have lake access with boat slip, and all the amenities the club has to offer.

Advertisements

Tracy St

front

Today we won another deal, a 1991 Built 3 bed 1.5 bath home in a great location, with a mostly finished basement, the plan for this is a flip, more to come as we proceed.

I will be wiring funds for Blaine st in Merrill Thursday, docs are signed, and we are good to go on this one.

picture-uh7748a4274fe326e1815daebb17f8a6b3-psa4cf1a3be13fb082caecc03758c2b8a-208-blaine-st-merrill-wi-54452

I have more exciting news to share, but cant, just yet,  maybe sometime next week.

 

An update on the work we have done this year

2016 to this point has been quite a year, we have added 10 rentals, and have flipped 3 houses, so i wanted to give an update on some of the previous posts.

The Minocqua House,  as much as it would have made a great rental, it was a big project, so we listed it for sale, the traffic was nuts, and we ended up with an offer, it sold to another investor, who is planning it to be a winter project for them.

Rosemil was kinda an oddity to me, when i was winning bidder at sheriff sale, I sent a text to a few agents I know, and offered it AS-IS to their buyers, allowing for inspections, I would fire up the plumbing, heat, they could inspect well and septic, ect. but they would get the trash,  and they would clean, paint, ect.  well low and behold, one of the agents had just such a couple looking for a country retirement home, and the purchased it from me, they got a sweet deal for some sweat equity, and I made a profit to boot. Isaw them the other day at Menards, they love their new Home, I cant blame them, all the apple trees attract tons of Deer, as well as Turkey, Coyotes and Fox, they told me they have seen. hoge change for them from living in town their entire life.

Moving forward we have started work on Deleglise, should be before the end of the month, Woodruff soon after that, and as its going we have 3 others waiting to close, 2 rental and a flip. should be a fun few months coming up.  I am gona stress a bit though we are taking a week vacation, which I cherish the time with my family sooo much!, but will be slightly distracted by the work back home that I could be doing.

 

Great Deal on materials, and funny picture

I had a hectic day yesterday, hauling kids around for Extra Curriculars, and running my Business,  getting everything up and running for an end buyers inspection on a property, that’s becoming a challenge to say the least, Power has been off for I don’t know how long, dewinterizing, and getting stuff fired up, I struggling with the Water Heater and the furnace, we will get it one way or another.

There was a split pipe just below the main water shut off, so i had to get some parts, Home Depot did not have any 1″ copper fittings, not sure why i went there first, i usually go to Menards. On arrival at Menards, I see this: home depot

The prices at Menards are so much better, that it makes sense to rent the truck at Depot and buy your material at Menards.

Ok Enough Depot Bashing, I do buy stuff at Home Depot, as a mater of fact, I got a great deal there,  I picked up 1,176 Sq ft of Trafficmaster Allure that we use in rentals for $650 and will get a gift card to match the 11% rebate sale at Menards so net I paid just under 50 cents a Sq Ft for stuff i usually pay $1.49-$1.89 a Sq Ft for, Great deal!!!

 

Woodruff 2 Bed

Success at the Sale today, We landed a cute 2 bedroom that will be a great little year round rental in a Vacation town. It wasn’t a screaming deal, but it was a good deal,   Not sure when we can take possession, but as soon as we get going on the rehab I will Update!!!  Here are some Before photos.

N6358 Neva Lake Rd Deerbrook WI

IMGP0170

My latest project is on the market!!!  for this post I will just promote the property, after it is sold, I will share the details of the deal, and projects that went with it.

This amazing home has so much to offer, Stone tile and Hardwood floors, Wood flooring on the cathedral ceiling, huge stone fireplace, Hickory cabinets, Granite countertops, and much more!!!! its situated on 8.7 Acres on top of a ridge, its all wooded and secluded, and just down the road from the Neva Lake boat ramp. 2508 Sq Ft. 3 bedroom 2 bath Here is a link to the Listing.  Click Here to See

the Listing