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Sunday, October 21, 2007

10/21/2007

Wow, the Indians got SPANKED last night.

I heard back from the tenants of the 85k house, who informed me that they have moved out, so that's one less thing to worry about. Also, I was a little concerned about the seller seeing the HUD and realizing that I am making more money off of this house than he is, so, last time I spoke with him, I casually mentioned the fact that I had already re-sold it. He could care less. So, it looks like we are good to go. Hopefully the mortgage company will not take forever getting the payoff, and we can get this thing closed before Friday.

I recently got my hands on a local investor's (Jim Mitchell) subject-to course, and spent much of the weekend reading through it. I bought my first property subject-to, and figured with the market in it's current state, now might be a good time to brush up on my skills. I was quite impressed with the content of the course, as well as the price, and asked Jim if I could add a link to it on my blog site. If you have any interest in learning the subject-to method of purchasing properties, you might want to check it out. Well worth the money, in my opinion.

Tomorrow I need to get back into offer mode. I am also going to continue marketing properties for other wholesalers and investors- keeps the phone ringing, and keeps my buyers list fresh.

Now it's off to watch some baseball.......

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