Well, as some of you know, I've been busy flipping a house that I purchased from a foreclosure auction. It's been 4 months since I've purchased the home and I am still working, but getting closer to being finished.
Flipping takes a lot of time, especially when you are working around a full time job!! Lucky for me, being a Realtor gives me some flexibility. I still wish that I had finished a month ago, but it looks like I will be working for at least one more before I will say I am totally finished with the project.
I have been blessed by a renter!! I sold a home for a man and he was not quite ready to move since he had another property out of state which has had trouble selling, so instead of living out of a motel, he has been staying in the home while I am working on it...This has worked well for me since he is helping me with the payment of the house, and he has been there to tell me if something is not working like it should. We had a problem with the hot water not flowing correctly and so we were able to fix it. I would not recommend renting a flip to just anyone...I am just very lucky that I know this man and know that he will not sabotage my efforts. He actually fixes up homes and sells them for a living and knows how important it is for the job to be done.
Extra expenses have popped up..like property taxes!! I was hoping to be done by now and not have to worry about it...
My child has grown to hate our "Habitat for Insanity" house since we spend so much time there and away from her. We thought she would want to help out, but it just isn't her cup of tea.
Habitat for Insanity has been what my Husband likes to call the project. He sais we were insane to take on such a project..It takes a lot of our free time, money and yes some of our sanity has slipped. He gets a bit aggrivated at some of the projects, but for me it's been a fun learning experiance.