While there has been a decline in the number of homes that we have been flipping over the course of the last year, we still spend our time off working on our latest investment. Right now, that is cute little house in Burbank that we picked up at a deep discount. In fact, we were going to take a break from flipping homes since we had been doing it for 48 months straight, but be couldn’t pass this investment up.
There was a lot of money to be made.
But there was a lot of work to do too. We could do most of it on our own, but there were certain things that we knew made more sense to hire out the work. It was going to cut into our profit margin, but at the same time, someone who specialized in windows replacement in Burbank could get the work in a fraction of the time that we could.
It just made a lot more sense.
With the windows completed, we just have a few little tasks to complete before we can list the house. Hopefully we will be able to get it staged and listed next week and free up our money for the next project.