Chula Vista Flip… Going once, Going twice, Sold the cat pee house…

Chula Vista Flip… Going once, Going twice, Sold the cat pee house…

Ahhhh finally we sold our Chula Vista 2 bedroom 1 bath house.

Besides

The cats in Chula Vista didn’t use the bathroom like this good kitty did

  • trying to get rid of the strongest nastiest cat urine smell I have ever encountered (see video below for the smell O’ vision cam)

  • the 30′ septic pit we discovered (which was supposed to be a septic tank – actual picture)
  • paying $13,000 in city fees to hook up the septic (pit) to the city.
    • An appraisal that came in $20,000 to low.
Besides those little things you couldn’t have asked for a smoother, easier, less stressful transaction.
I must have been on a bathroom break (training the cat to pose for the picture above) while I was watching those get rich quick late night Real Estate riches infomercial (those nights I wake up thinking about sink holes, low appraisals, and dealing with city governments) hosted by those two midget dudes.

Does one steer while the other brakes and accelerates?

I just don’t recall seeing my little buddies mentioning those damned septic pits that cost 15 gees to take care of.
In addition they didn’t include the super duper negotiating navigating techniques it takes to keep a deal together with these challenges.

That must come with the more expensive course sold by Tom Vu

(more…)

Property 37 – before and after pics

Property 37 – before and after pics

We closed on this property in the city of Chula Vista in the middle of June. Currently we are under contract to sell.

On this project I wanted to keep the vintage retro look on this property. Not only would it save us money on construction rehab costs & time but it really felt right. Typically we have been going through with the usual colors and new cabinets but I felt this property deserved to be restored to it’s original charm.

I used many of the original colors we found under the existing paint and tried to keep as many of the original materials as I could recycle.

The outside ended up being more of a baby blue than I intended. We painted it the same color as our flip 36. Well it didn’t quite turn out that way but after putting up the shutters and painting the trim colors it still turned out nice.

http://tours.imagemaker360.com/Viewer/45.asp?ID=106891

If you want to see more before pictures follow this link and scroll to the bottom of the page
http://sites.google.com/a/gabhartinvestments.com/5th-ave-chula-vista-ca-91910/opportunity/project-pictures

For the most updated information & news on real estate & Gabhart Investments go to our facebook & twitter pages

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Closed on our 4th property in about 45 days with an offer accepted on property on #5

Don’t have a lot of time to post and explain what is happening since I have been so busy so I will post a spreadsheet with the most current properties we have purchased so you can see how we break down our numbers.

You should (in theory) be able to click on the view web page and go the the web page I created for each property. I apologize if they are not all polished up yet and there may be some viewing errors but bear with me. If you like the property websites let me know so I can keep creating them.

I am trying to be as open as possible on how and what I am doing and hope it helps.

If you click on the project name it should take you to a website. Please do me a favor and let me know about any glitches that may not be working.

For the most updated information & news on real estate & Gabhart Investments go to our facebook & twitter pages

ps. click here to like us on facebook

 & Here to follow us on twitter