We’ve been looking under rocks and other heavy objects to find another house to work on. Meanwhile, we do have other things going on!
A Little Owner Financing
Lee and I had another little house they bought from our friend Larry, in Rogers, Texas. That’s one of the cute speed trap towns between Cameron and Temple. It has some very cute shops in its charming downtown (which you see, because you are driving very slowly).
The house is a tiny, charming little cottage that just needs a bit of work. We had hoped to sell it for cash, but our potential investor/buyers decided not to. So, we are selling it to the people next door to use as a “guest house” via our favorite cash flow strategy, owner financing. The contract is all signed, and now we just have that long wait until closing. Additional cash flow fits into the goals of our personal business (Hermits’ Rest Enterprises), so it’s all good.
We have also met with a few future potential clients and new home buyers looking for information. We are always happy to do this, because these people will remember us and let us know if they know someone with a sad house they need to sell!
Buying and Selling
While we are off buying small houses in small towns, Carol is still working hard on her personal real estate business. She’s had a couple of good sales, and at least one that took a lot of time and effort (the guy just wouldn’t believe his house was a mess). When we run into potential clients for more standard transactions, Lee and I always send them her way. We even have a young friend working with her to find a first home to buy.
Carol and Russ are also still living their adventure living in houses that are staged to sell. They have been all over the south part of Austin, and now have a lovely pool to look at, as the live oak trees drop all their leaves in it. I’m hoping we get a longer blog post on how that’s going, soon!
What Do You Want?
Are there any real estate investment, rehabbing, flipping, or negotiation topics that you’d like to read about here? Is there something we’ve talked about before that could use come clarification? Do you feel, as we do, that the new Sue Ann avatar doesn’t look as much like her as the old one did?
Lee is mulling over some stuff, so he’d love a topic to chew on in the meantime. Drop us a comment on this blog or Facebook, send us a Facebook message, or email one of us at our hermithaus.com addresses, and let us know what you’re interested in learning about.
And hey, if you know someone with a sad house, pick up that phone and call 512-807-8777!Hermann says please like and share!