I changed my mind again (shocking) on the price of the 85k home, and lowered it to 95k. Like I said in the previous post, I want it gone fast. If I had a big fat bank account, I would hold out for 99k, but that isn't the case, so, I'll happily take 10 grand and move on to the next. I have it on Rehablist and Craigslist, and have sent out emails to my buyers as well as some wholesalers I know. Tomorrow I am going to put up a bunch of hand-written signs in the neighborhood and start calling everyone and their Mom to see if they are interested or know someone who is. I will hit all of the meetings this week as well and pass out flyers.
A friend of mine sent me two leads yesterday to follow up on. Both of them look like they could be potentially good deals. One of them is in the same neighborhood as the one I have under contract. It is owned by an "investor" who jumped in on the Flip This House bandwagon when the market was hot, and is now in WAY over her head. I need to follow up on both of the leads tomorrow.
I went and bought another copy of Rudy tonight (Jim ate my other one). I love that movie.
9/29/2007
Saturday, September 29, 2007
9/29/2007
Posted by Steph at 11:06:00 PM
Labels: flip reo, flip reos, flipping, flipping houses, getting started in real estate, how to flip houses, learn to flip houses, learn to wholesale, real estate, real estate blog, real estate investing, real estate investing blog, reo flipping, reo investing, wholesaling
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment