5/11/09
Well, turns out I couldn't keep my mouth shut an entire two weeks, and me and DB ended up having it out on Thursday. It was pretty much a huge waste of my time and energy. He has so many lies made up he can't keep them all straight. According to him, he hasn't actually sold the Pine property (the one he screwed me on), and is still trying to "make things right." I know this is a bunch of bs, and the only reason he's saying it is because he doesn't want me to pull the other 2 deals from him. I heard through the grapevine that he already has retail buyers lined up for both of them, so he would be losing out on a lot of cashola if I was able to screw him on these deals somehow. If I wanted to risk getting sued, I could tell him to take a hike and then find another buyer, but I really don't think that would be in my best interest. Both deals have been extended until the 20th (next week), but I'm going to do everything I can to get them closed this week so I can be done with this guy...
Let's see, what else?
I kind of slacked off on the goals I set for myself last Monday..... I only ran 3 days the entire week, and only made 11 offers, which is pathetic. I was able to get another deal under contract, though. It's another JV deal with a wholesaler friend of mine. It's not a lot of money, but I have zero risk, and zero cash into the deal, and almost zero work. Can't beat that with a stick.
This week, I'm sticking with the same as last:
(1) Run 3.5 miles/ 5 days
(2) Make 25 offers
(3) Get another deal under contract
I hope you guys/gals did a better job than I did last week. How did you do?
Let's hear your goals for this week...
P.S.
Congrats to Jodi on her 13k payday!!
Monday, May 11, 2009
DB Update and Accountability Monday #4
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20 comments:
"turns out I couldn't keep my mouth shut an entire two weeks" - LOL I was wondering if you would be able to :-x DB seems to be such a con.. he's burns you, knowingly, i bet if it was the other way around he would be spazzing out..
It seems that your new twist to flipping using JV'ing is really working out well, gosh you are getting contracts left and right, that's awesome.
Weekly Goals for me:
(well since I just graduated!)
I AINT GOT NONE BUT SLEEP THIS ENTIRE WEEK!! :)
Den
Woohoo-CONGRATULATIONS!!!!
Enjoy your week of sleeping and doing nothing- you deserve it!
I did pretty good with my goals.
I made 7 offers on REOS (was supposed to make 14), and took an REO agent out to lunch.
This week, I'm shooting for 14 offers, and finding a cheap place to buy signs.
If you're looking for blank signs go to lairdplastics.com
They have locations all over the country.
I pay less than a buck for 18x24 blank white signs, then cut them in half so it ends up less than 50 cents/sign.
I haven't found anywhere cheaper.
My goals for the week
1) Order new business cards
2) Re-screen patio
3) 7 ads on Craigslist looking for buyers.
The two deals that I was working on have progressed but still don't have closings set up. Got another deal that is a JV that looks like it will close this week.
-Found what looks to be like an extremely solid cash buyer.
-Goal 40 affiliate leads...got 30.
-Achieved goal of working out every day.
-Completed putting out 80 bandit signs.
Goals for the week
-Get one deal closed this week. Get the other 2 set up to close
-Generate 40 leads for one tier of my affiliate marketing
-Workout every other day.
-Call all my recent RE leads and make offers or referrals on each lead.
-Get more inventory for my buyers
btw...if any of you have deals in Indianapolis, I HAVE BUYERS...lets JV.
http://www.theindywholesaler.com
DANG, Chris.
You're putting me to shame.
Nice job, bud. :)
I signed up for my realtor license course :) My new goal this week is to get the prequalification!
Ok, im back in this. I havent acheived but one goal of mine since Accountability Mondays started, instead I accomplished some unofficial goals (namely furthering my education and networking).
So, here goes my goals for this week (aah!):
-Publish both my buyer and seller websites (i finally got over tweaking them to death lol)
-Purchase my first absentee owner list (yea, this an oldy from my first post, blah)
-Contact 10 "For Rent" ads, be it online or drive by, with the intent to add them to my buyer's list
-Touch base with those I've networked with so far
-Order biz cards
Hi,
For this past week I got 2 short sale deals in the pipeline (wanted 3).
Only submitted two offers (wanted to submit 8). The houses I saw had big time rehabs and I have no idea if my buyers would go for something like that so I did not even offer.
Goals for this week:
1. Three SS deals in pipeline.
2. 5 offers on REOs.
Thanks.
Does anyone know of a good RE agent in the Phoenix area? I'm having trouble finding one who will make my offers.
Thanks!
Hi Steph and all,
I walked with my hubby, got one new buyer, looked at one REO instead of 4, didn't know what to write so I didn't update my blog and drove for dollars down 2 blocks.
This week will be:
1. Walking with hubby
2. Laundry
3. Call 4 FSBOs
4. Update blog.
Sincerely in Christ,
Leesa C.
Eph.2:8,9
L.J. Cramer Properties
Completed not one but all my goals!! What a high, feels awesome.
This week pushing again:
make min 5 calls a day for sellers.
make offer on 5 properties
Find a some creative financing for a buyer of mine, ready for a house like yesterday. Wish me luck!
Hey Julie-
Have you joined RealEstateInvestor.com?
There are a lot of realtors on there, and you can do a search by city to find one in your area.
It's a great place to network, and it's free.
Steph
Steph:
This is off topic but your friend Lee is starting his own coaching program - REO training. What are your thoughts about that?
Hi Ed,
He's the real deal.
I don't know anyone who does more REO wholesales than him.
I give it my stamp of approval. 100%.
Steph
Lee Kearny?
Steph, I saw his REO rockstar rap video with Preston Ely...pretty funny stuff.
Goals for this week:
(1) Solidify buyer for rehab
(2) Solicit help getting door hangers on houses in target area
(3) Make 3 offers
(4) Talk to lenders about refinancing for rental property
Thanks Steph. Just trying to catch up to where you're at!
Hi Steph, I slacked off a little too...I'm going to try again this week and stick to the same. Sounds like things got heated up with DB - oh the drama in this business! I remember a closing where everyone was yelling at each other...Hopefully, they'll all get closed soon and the drama will be over (for now!)...Have a good week! :)
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