Flip This Wholesaler

What a long day. I finally got the As-Is contract sent over in pdf form, so I can just fill in the blanks for each mls offer I make. I have 7 offers written up to fax out first thing in the morning (I need to get a new fax machine tomorrow, mine is an ancient piece of crap). I would have more offers to make, but I spent most of the day looking at listings and thinking of reasons why the seller would not accept my offer. I did this for about 4 hours, talking myself out of making offers on all kinds of properties. I started to get really frustrated with myself, and then remembered something Steve Cook said at the bootcamp- something along the lines of how it isn't my job to try and figure out which seller will take a low offer, but to make the offer and flush out the motivated sellers that way. Makes sense to me, but as usual, I have to waste a bunch of time before I actually listen. So,once I got over that, I started cranking them out. I have to say, I feel a heck of a lot more comfortable making offers in my farm area than I do other areas. I've only been working on it for a short time, but I have a much better feel for the area and what the values should be than I do when making offers in other areas. Most of the offers I'm making are to REOs, there are a few private owners, and those are vacant and run down.

I'm leaving for my Sister's wedding on Weds. so I'm going to try and get as many offers in as possible. I think I get the most bang for my buck by doing this, and since I'm kind of in a financial pickle, it's the cheapest thing I can do. Speaking of my financial situation, I decided I'm not getting a job. I'll figure out a way to make it work until I get my next deal. I've worked too hard to give in now. I'll sell my car if I have to. Seriously. I'm not ever going back to the bar scene, and I promised myself a long time ago that I would never ever have a 9 to 5 job. I haven't thus far, and I don't plan to now. If all else fails, I can always sell drugs on the side. Just kidding.

I capped my long day off with a 2.5 mile run on the treadmill. Running is my Prozac. Works wonders on my sky high stress level.

Oh, I can't remember if I already talked about this, but my Dad finally got his line of credit set up. $160k. So, I'll be looking for a house for us to buy while I'm making my offers. I guess I'll be able to make cash offers, which will be nice.