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Updated almost 9 years ago on .

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Timothy W.#3 Off Topic Contributor
  • Attorney
  • Viera, FL
1,569
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Forgetting you owned a house....

Timothy W.#3 Off Topic Contributor
  • Attorney
  • Viera, FL
Posted

This has to top the list of things I forgot.  About 20 minutes ago an online system trying to identify me asked me what date I purchased a certain house.  Didn't recognize the address one bit...  I google earthed it and stared at it for 20 minutes.  I found an email with a lease I had signed on it and tenants I collected money from but couldn't remember the thing.  Then I saw a vent in the roof that I had to replace because a raccoon had chewed through it and it all came back to me.  I had tenanted and flipped it and bought another.  They really need to come up with better questions for re investors.  I can remember every car I bought and just about every girl I've dated but every house I've owned at some point?  Forget it....  Doggone it....  Just looking at it now bring back memories.  Flipping small rental homes didn't bring big checks per property but you could do a lot of them and it was fast money and most important it was fun.  Buy a house for 6, paint, clean and tenant it in and then sell it for 15 in under a week and everyone, even the end buyer, still made money.....  My record was closing table to rehab and tenant to flipping at the closing table in 72 hours.  All cash on both sides and no, I cannot for the life of me remember what the address was, lol.

I wonder - is that small buy/rehab/tenant/flip market active here in Florida?  The temptation to jump back in is building.