New Flip Finished!

Sweet! We're finally finished with the American Fork Flip (except for some finishing touches) and I just listed it today so we'll see how it goes. It stared out looking pretty ghetto, but after a lot of work and kicking the painter's butt a few times it's looking like something I'd move into. What am I talking about, I'd move into anything called a house!

Anyways like all the other houses we've done we always want to move into it when we're done, but gotta build up the cash first, one of these days! Sorry I don't have any before pictures, but here are the after ones.

Here's the cute little porch where the cute little mexicans can sit and drink their Tecate con Limon.

Elegant baby.
Here's half of the kitchen cabinets, the rest are on the other wall. The tile is all laid "on point" or on the "diagonal". It's a pain in the butt when you get to where it meets the walls because there's twice as many cuts and they're all triangles (add's another 10% to the square footage of tile you need to buy), but it sure looks cool when it's done!

I'll post some before pictures real soon for the house we just closed on today (also in AF). It's a lot smaller but we'll probably make the same amount or more than on this one because we're getting it for such a good deal. You definately make the money when you buy it not when you sell it.

I crack up watching these people on "Flip This House" because half of them have no clue what they're doing. How they can justify spending 800 grand to make 50 blows my mind! I also crack up how they always say they're making X amount in profit when in actuality they forget the 7-8% in real estate fees that come right off the top and another 35-40% in short term capital gains tax that goes to you silent 50/50 partner Uncle Sam; in other words they really make only half of whatever they say the real profit is.