Look out Warren Buffett!

We are officially in the real estate game! We bought our first investment property. This has been our dream since college and a result of planning/sacrifice and a great partner in Josh's mom. We are pretty luck to have her and her ability to see Josh's vision. She is as excited as we are.

We didn't think we would hear so fast about the property we made an offer on, it is bank-owned and the banks are usually the slowest in accepting offers. Plus they started jerking us around on Friday with a weird kind of bidding war. But Josh stuck to his offer and they accepted! It's a pretty scary... I didn't want to get excited about it because it is such a great deal and I didn't want to be disappointed. The risk is high, but it's easier for me to handle because I have never seen Josh so excited. He loves home improvement and is looking forward to getting in there and gutting the place. It needs work. But after the renovations we've done in our own homes we feel ready to tackle it. The inspector comes in this week and I hope there is nothing major. If it goes smoothly we will close in like two weeks. We plan on renting it out. Here are some pics, it looks awful but remember it's all cosmetic!


Upstairs bedroom with laminate wood floors (needs new paint)










One of the baths, that wallpaper is awesome right?










Family room with burnt orange shag carpet!










Kitchen...paint and new appliances.