Final (current) Flip Update

I just realized that it has been nearly two months since my last blog post. Wow! Totally didn’t realize it had been that long. I feel like I should give a general update on our flipping journey.

Our most recent flip house went on the market in early August. That was a rollercoaster from start to finish. We received an offer right at two weeks later. Huge happy face here!!!! Then the next morning we found out that the buyers got cold feet and changed their mind. Huge sad face now!! Total roller coaster of emotions. That very same afternoon we found out that an agent at another showing reported that the appliances were gone. What?!?! Yep. Someone came into our unoccupied flip house during the wee hours of the morning and took the washer, dryer, and oven. Approximately $2,300 worth of appliances walked right out the door. Well, you can imagine that the roller coaster of emotions were still going strong…from elated, to disappointed, to furious all in less than 24 hours. 

Once the initial shock wore off we came to the understanding that this may not be the first time this happens to us with our plans to continue on this real estate flipping journey. Vacant real estate is a prime target for dishonest people, and if this is a game we are going to play then that is a risk we are willing to take. Odd enough, only appliances were taken. The main living spaces were totally furnished with furniture, decor, dishes, etc and none of it was touched! Well, except the towels in one of the bathrooms. Those were taken, presumably to keep from scratching the thief’s new appliances while removing them from the house. The following week we replaced the stove, but decided to not replace the washer and dryer since it was just money coming out of our pockets. Of course we checked with our homeowner’s insurance to see if it was covered…and nope. Not at all. Sure we were paying for super great, expensive vacant property insurance, but alas robbery is not covered at all. Fire, vandalism, acts of terrorism, the list of covered items goes on and on, but robbery…not covered. 

The biggest twist to the robbery part of this story is that the detective working on the case found our appliances! Of course it was a couple weeks after we had replaced the stove. But the officers just happened to be at a home for another reason and there they were, all three of the stolen appliances. There are details I can’t share on here, but a couple weeks later we got them all back! Wow. Totally a God thing. Thank the Lord! We all know that in this day and age, if something is stolen the chance of getting them back is slim to none…so it was a huge surprise!

Almost four weeks after listing the house we received another great offer. We immediately accepted aaannnnddd….we closed on it today!!! Yippeee! 

Here’s the last and final picture we took of the home last Saturday when we did our final work day there. We removed the staging items, mowed, vacuumed, etc. and then left the keys and garage door openers on the counter for the new owners. 

A little piece of my heart is always sad when closing day comes. Of course, the investor side of my heart is excited for payday, but the designer side of my heart is just a wee bit sad to see all of my hard work go to someone else. But it’s a weird feeling because I’m also totally pumped that someone else loves it enough to make it their own. It’s a bittersweet, but mostly sweet day. I know that last paragraph was way confusing…I’m such a woman. 

We’ve been on the intense hunt for another home to start working on. We’ve looked at a bunch, made an offer that wasn’t accepted on one, and have been scouring through foreclosures to the point that I’m exhausted. This is certainly my least favorite part of this journey. I’m ready to have one in our possession so that the creativity and designing can start…that is the BEST part! 

Hopefully I’ll have a new house to share pictures of, along with my plans for it very soon. We’re just praying the Lord gives us wisdom as we continue our search and that He opens doors on this journey as He sees fit. 

Thanks for reading!

XOXO,

Megan

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