Ok, so I finally closed on the sale of 911 Worth on June 6th.  It took much longer to sell and I didn’t the price I had hoped.  Here is what I learned…
1.  While the location was great, the timing was poor.  The property was just one house down from the construction of Grapevine Station.  […]

I still have a few last minute “tweaks” but I finally finished the rehab on 911 Worth.  I’ll pull together the final numbers and thoughts in a few days but I wanted to get the pics out so you can see the difference.  This should be available on MLS tomorrow at $179,900 using a flat […]

Things are finally moving forward at the Worth house.  The contractors started up again the 2nd week of January.  It is is amazing what a couple of hard workers can accomplish in a week.  They finished painting the cabinets, installing lights, doors, door knobs, trim and bathroom vanities, toilets, and lights.  I ordered the appliances […]

I just checked the blog and realized it’s been over three weeks since I posted – shame on me. My excuse is that nothing much has happened on Worth street during the last couple of weeks. Things really slowed to crawl during the holidays.
During the first two weeks of December the contractors completed the drywall, […]

My goal on the rehab was to use a single contractor for the majority of the work.  I wasn’t too concerned with the timeline as I paid cash for the property, yet I didn’t want to manage a half-dozen contractors.  Sadly, a week before my interior rehab would have begun, the contractor I generally us […]

I started taking bids on the foundation before the sale closed since that was the largest unknown.  I budgeted $8k for foundation plus $2500 for brick, mortar and concrete repairs.  The driveway and back patio were in poor condition so I wanted to replace those if the budget allowed.
Below are the three foundation bids I […]

I purchased the property for $100k and plan to list it for $180k after rehab.  My goals are to stay within my $40k budget, continue to increase my rehab experience and blog the entire process.  I won’t do any of the work myself but the property is just 5 minutes from my job so it’s easy […]

Oxford defines “anatomy” as a detailed examination or analysis.  I recently purchased a property in Grapevine which I plan to rehab and blog an anatomy from start to finish.
It was Tuesday, Oct 10th, 2006, when I was driving an older area of Grapevine looking for opportunities.  I noticed a property with phone books on the […]