I picked up this 1976 beauty the same week I sold my last one. This house (nick named "The Tire Factory" because of the old tires used for the back yard retaining walls) took me 5 very intense weeks to complete. A perfect cosmetic flip. I did this one without a contractor and with a lot of personal sweat equity to go with the money.
It was hard on me and my kids.
It sold quickly, and the profit was just under my goal, but pretty good for 2 months of time, work and money.
As I consistently dance the line of taking on big adventures to become more fiscally fit and living a life as a full time mom and wife, I struggle. I LOVE having these projects, at the same time I hate feeling like I fall short at home when I'm so involved with them. Sound familiar working moms?
Now that it is sold and money is in my bank, I can't help my urge to find another and watch my savings grow. At the same time, I remind myself of the time struggle involved with flipping houses.
The same week I closed this house, my veteran flipping friend, J(the same friend my hubby and I partnered with on our very first flip in 2000.) asked if I'd partner with him on another little 1893 house- requiring me to do no work whatsoever. (Just $.)
So far so good.
I got a text while typing this post showing trees trimmed, demo done, trash hauled and drywall installing. I get to be here with the kiddos (and their friends...it is summertime of course) while he manages the job.
Keeping fingers crossed as we move forward with this one. Hopefully the dynamic of not having to take the time, but financing the project turns out profitable for all involved.
Still Alive, Still Spending, Still Saving!
5 years ago
0 comments:
Post a Comment