9/20/2008
I just love the ups and down of this business.....one day you think you're going to close 2 deals in the next week and make ten grand, and then the next, you learn that both deals might crash and burn for reasons that you can not control. Gotta love it.
One of the deals "may" have a title issue that "may" take a few months to resolve. I have not been able to get a straight answer from the title company for a week and a half, so who knows what's going on. Every time I call the lady at the title company, she tells me she will know for sure by the end of the day, and she will call and let me know. Then she never calls, and we start the whole process over the next day. It's supposed to close Monday, but the likelihood of that happening is slim. The buyer, of course, is all ready to go.
The other deal (The Deal From Hell), the buyer is now telling me she is not able to come up with the down payment for the hard money loan that she assured me 500 times she had. So, unless she can come up with it by Monday, things are not looking good. I had a feeling this deal was doomed from the get-go, so I can't say that I am too surprised.
I never heard anything back from the mortgage broker who wants to see me burned at the stake. I was thinking, just for fun, of putting up an ad in the singles section of Craigslist for "men seeking men" with his phone number on it, along with a picture similar to this one:
Hehehehehe.
Gotta go make some offers. I've got about ten out there right now, and plan on making another ten or so this weekend. I've been averaging about 1 deal in every 25-30 offers lately, which is pretty good, I think. I tend to get side tracked, though, especially when I have deals that are going South, and people threatening me.
Au revoir!
Saturday, September 20, 2008
Ups and Downs and Craigslist Pranks
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5 comments:
I absolutely love the vindictive approach! Please do it. Please.
How much is the down payment she needs? Is it more than your profit? Could you carry a second? You know what you're doing, just a thought.
Funny, isn't it? I actually stole the idea from a friend of mine who had it done to him by one of his buddies. He said his phone rang off the hook all day and night. I think it's hilarious!
The down payment is way more than my profit, unfortunately. They charge 10 points up front, and 10 percent down. This lady doesn't even have a dime to her name, and basically lied to me from day one. I should have known better.
Crap. I always knew that picture would come back to haunt me. Note to the dudes here: if you ever get out of the shower and your roommate takes a picture of you as you slip on your underwear that's too small by half, beat him. Do NOT let him post the picture on the Internet. It's embarrassing and you never know where it'll end up.
HA! I thought that guy looked familiar...
Sorry Christopher- I can take it down if you want me to. :)
Nah, that's okay. It's a good reminder of what I looked like before I began my life-long love affair with booze.
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