Homework Pays Off

The past few weeks have been a pretty big blur of the daily investing grind…but a few fabulous happenings stand out in my mind. After only 10 hours on the MLS, Flip #13 got multiple offers and we put it under contract for OVER list price! That's fabulous happening #1. :)

Flip #13:

(For a video featuring this property, click here!)

Fabulous happening #2 occurred when the bank accepted our offer on Flip #15! Eeeekkkk!! We were scouring the market for deals & putting in offers but nothing wanted to stick. We actually lost Flip #15 to another bidder originally - but they walked away from the deal after their inspection showed pretty bad foundation issues. Lucky for us, we already had inspected the property ourselves as well as getting our contractor's opinion of the foundation issues - and submitted our offer free of an inspection contingency. We knew how to repair it as well as the cost - so when the bank came back to us with the deal, we took it and ran! It pays to do your homework, people!

Our most recent purchase, Flip #15 :)

Lastly, and even more recently, more fabulousness occurred when we got Flips #12 & #14 under contract - within just a few days of each other...Several paydays are heading our way and we couldn't be more thrilled!!

Flip #12:

Flip #14:

(For videos of these properties, click here & here :))

We are currently scouring the market for Flip #16 and have our eye on 1 property in particular. Our offer won't be reviewed for another few days but as of this writing, we are the top, and only, bidder. While we were at the property contemplating what our offer would be, we discovered the world's largest elephant ear plant..hehe. I couldn't help but snap a few photos of this beast!

Fingers crossed these elephant ears will be our's...and so will the huge payoff that comes along with them!!!