5/14/2009
Well, it looks like one of the deals with DB (the one where I'm making the most money), is going to close later today, or first thing in the morning. We are just waiting on a final HUD from the bank's title company. They screwed up the commission on the first HUD, so now we have to wait for them to fix it. Normally this would only take an hour or so, but we're dealing with Watson Title here, so you know how that goes. If they don't have it done by the end of the day, they will be hearing from me bright and early tomorrow..
The lien search finally came back on the other DB deal, and it looks like that one is going to close Monday or Tuesday. DB already has a contractor lined up for this property (I know this because the contractor also does work for a rehabber friend of mine, and he told him he was going to be doing the rehab on this house). So that's good.
I may be getting another JV deal signed up with Lee today. Hopefully. I'm still negotiating with my buyer (McHotterson), but I'm pretty sure he is going to take it. I'm just waiting on his call...
I also found a new buyer today (he called on one of my signs) who is looking to park his cash into some cheap rentals, so I'm going to be meeting with him this weekend to get a better idea of what he's looking for.
So, anywho, things are going pretty well over here...
Gotta run. Later alligators!
P.S.
Happy Birthday Brett!
P.P.S
In case you missed the REO Rockstar webinar last night (or in case you couldn't hear what was being said because of all of the background noise on the line), Lee is doing another one tonight @ 9pm).
Thursday, May 14, 2009
Good News All Around
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11 comments:
Nice - congrats Steph! So how many deals closed does this make for you in 2009 so far and how does it compare to 2008? Seems like you've been kickin' tail to me. :-)
Thanks, Shae.
I think I'm on 9 right now, not including the 2 with DB.
Most of them are smaller deals, but I'm pretty content with making less per deal and having no risk involved.
I'm digging the joint ventures..
I'm pretty sure I'm going to blow my numbers from last year out of the water.
Knock on wood..
You're more than pretty sure...you KNOW you're going to blow them out the water. :-) Happy closings!
Well, did it close??
Very happy to hear that your deal with DB is working out:)
Thanks Jennifer.
Reesa- yessssss, it closed! 1 down one to go.
Hi Steph,
When are you planning on having your website completed? Will
you be have a forum that will go with the FAQ page?
Hugh
Congrats Steph!! Again. :)
Hugh,
I'm shooting for July 4th.
There won't be a forum, just a better looking blog, with a few new features.
I am collaborating with some other investors on creating a rei forum. Not sure how long until it will be up and running- prob a few months. I'll write a post about it once I get more info.
Steph
Glad to hear its working out with DB. If not he definitely was due for some revenge for the other mishap.
I didn't get too far on my goals for last week. However I made other huge leaps in my buding investing career.
First off, I now officially have a accountability coach I meet with once a month. She is great and gives me a lists of things that need to be done since this is a career for me not just a hobby. I can't tell you how important it is, she gives me advice on aspects of this career that I would not have come up with on my own.
Secondly I also met an investor who is willing to let me shadow him on his business.
Thirdly I have lost 2% body fat since I began exercising 5 days a week!
Lastly, I went to an investors meeting and learn about finding private money. David taught the seminar and is amazing with his ideas.
For this week:
Start a marketing campaign for finding private money and buyers.
Exercise 5 days a week.
Sounds like you are doing really well, Annie.
Keep up the good work, and keep the momentum going...
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