From the category archives:
A web video blog about lifestyle design, passive income, real estate, vending machines, used cars, and eustress challenges.
Grant and Alan interview the authors of “Don’t Own. Don’t Rent. Live Well” via Skype about their lifestyles and inspiration.
Runtime: 27:11
A quick rundown of the episode:
A web video blog about lifestyle design, passive income, real estate, vending machines, used cars, and eustress challenges.
Grant and Alan sell two vending machines on ebay. Then, they have a chat with Greg Hart.
Runtime: 22:44
A quick rundown of the episode:
Below is an email we received from a Ren-Menion, Jared C.—
RenMen!
Ya’ll still alive? Ya’ll ok?? Should I call someone and have them go over to check on you guys? I’m starting to wonder if you guys took the ‘diet’ thing a little too far and starved yourselves to death…. all so you wouldn’t have to write a check to charity…
JC,
Thanks for you concern, we are still alive. We have been shooting the information product, for the past several weeks. It has become a much bigger project than we first expected. We don’t want to sound cocky, but we forgot how much we knew about real estate, and how much needed to be shared and told about real estate. We only have our cameramen certain days and we can’t quite seem to squeeze out a Ren Men Show. It is our hopes to get one out this week, –root for us, we are going to need it.
The diets are going…for Grant well, for Alan the same. Grant just returned from vacation cheated all week, and came back the same weight! Alan is still lifting, stronger than ever and has lost five pounds since the Bod-Pod weigh-in.
On the housing front, we have continued to pick up houses here and there — steady wins the race. On the RAG front, we are losing the battle of 200. We had wanted all along to have Jeeps, Jeeps, and more Jeeps, we get them, then gas go to $4.00 a gallon. Sweet! Any Ren-Menions want a Jeep for cheap?
The vending is status-quo. The information product is coming along great at times and decent at other times. We have had some hindrances, but they haven’t stopped us, yet. We hope to complete filming by the end of April, complete editing by the end of May and push product out sometime in June/July. That is an aggressive schedule, which is right up our alley.
A web video blog about lifestyle design, passive income, real estate, vending machines, used cars, and eustress challenges.
Grant and Alan take you behind the scenes of their information product on Real Estate.
Runtime: 12:13
A quick rundown of the episode:
• Welcome to Episode 45.
• Behind the Scenes at the new location for the Real Estate Information Product.
***UPDATE***
After doing some digging we learned that a company purchased this house for $97,000. We upped our highest-and-best offer to $90,000. We were very close to getting this one. At $97,000, the buyer should be able to make money on this flip, if they chose to flip it and not hold onto it.
We’ll keep you updated on when/if it comes back on the market for resale.***
In a prior post and episode we discussed our first ‘flip’ house. The renovation costs are $25,000, with a list price of $119,900. Great news, the list price has just reduced 10K to $109,900! We are getting closer to our offer price of $80,000. We submitted our offer on October 28th. Our offer is ‘good’ until November 4th. We haven’t heard any news, we’ll keep the Ren-Menions up-to-date as much as we can.
Here again is our breakdown:
| List price- | $109,900 |
| Offer- | $80,000 |
| Repair- | $25,000 |
| Realtor- | $10,000 |
| Carry/Closing Cost- | $10,000 |
| Total Investment: | $122,000 |
| Sale Price: | $145,000-$160,000 |
| Total Profit: | $23,000- $38,000 |