Flip This Wholesaler

1/18/2009

I spent most of yesterday putting signs out in the hood advertising the deal I just got under contract for 16k. Here's a few pictures of the house, in case you were wondering what kind of digs 16 grand will get you in this market....

Not a bad little house. Well, except for the fact that it's in the hood, but for 16k, what do you expect?

I put out about 25 signs, and have received probably 10-15 calls yesterday and today. No takers yet, but I did manage to add a few new buyers to my arsenal..... Love those signs!!

I spent the rest of my time this weekend monkeying around with my soon to be new website, and realizing that I don't have enough time or patience (or skill) to design it the way I want it to look, so I searched around the net looking for a web designer to do it for me. I finally found what I was looking for, but turns out they have a 3 month waiting list for new projects.. Dang. I'm willing to wait, though, as I was really impressed with their portfolio.. So, anywho, I should be rolling out my new site sometime this Spring. I'm very excited..

And, in other news- my wholesaler friend, Dave, sold one of his deals to a pimp on Friday. For real. He came into Dave's office early in the day with a contract and a grand in cash to put down as a deposit. Dave had never worked with him before, so he asked him for a copy of his bank statement, since he claimed to be a cash buyer. Mr Pimp said he didn't have the cash in the bank, and that he would be back later with proof of funds. And then he came back a few hours later with a DUFFEL BAG FULL OF CASH. I swear I'm not making this up. And then he explained that he was a pimp, and that's why he had all of this cash laying around. Niiiiice.

Never a dull moment..

12/29/2008

I spent most of the day driving around the hood looking at houses. I put in a bunch of offers this afternoon, and hope to get something under contract by the end of the week. My California investor is going to be ready for another house shortly, and I want to make sure I have something to sell him when he's ready. Also, my sans-ID buyer is going to be back in town next week, and he wants more houses, too. Oh, and McHotterson called me while I was in St. Louis and told me he is looking for more deals as well. January could turn out to be quite profitable if I play my cards right...

I'm probably not going to get a whole lot accomplished tomorrow, as I'll be entertaining some out of towners.. I'm making a big batch of margaritas, and we're going to head down to the 8th floor terrace and grill some brats and hamburgers and such. Maybe even swim if it's nice out. Margaritas + grilling out + swimming in the sunshine= Good Times!

Adios, Amigos!

P.S.
I recently signed up on Facebook, and kinda wish I hadn't. I've spent entirely too much time over there the last couple of days screwing around, and also trying to get Roger Federer to add me as a contact..... Wait 'til he finds out how persistent I am... Hehehe.


Meow.

9/3/2008

How in the heck are we back in the "er" months again? Geeze, this year has really flown by, has it not?

Well, let's see...the property I was talking about yesterday where I got the good counter from the bank...I ending up having to resubmit the offer because of something about it still being under auction terms, and now it's not. Or something. I don't question any of the bank's nonsensical procedures anymore, I just follow along like a good little sheeple, do what they tell me, and keep low-balling the living crap out of them. Hehe.

The buyer for the house I just got under contract called me late this afternoon (on the verge of hysteria) to let me know that while she was at the property with her contractor, she noticed that the back door had been kicked in . She is afraid someone is going to vandalize the house before closing, since the lock is now broken, and anyone can just meander on in there and steal appliances, and copper, and what have you . So...I'll go check it out tomorrow morning and see if I can McGuyver the door shut, although, I'm pretty sure that's the listing agent's responsibility?

In other news, I bought this movie over the weekend, and have not been able to get this song/scene out of my head. It's my new favorite. I think the Monkees sang it originally, and this version (well, the one that kicks in after they start kissing) is by Wreckless Eric... Me likey...

Over and out. :)

8/11/2008

I had a great weekend in St. Louis... Got to hang out with my nephew Trevor, who is the sweetest, most adorable little kid on the planet....









It was the perfect, lazy, weekend. We ate a lot, watched the Olympics (I love, love, love the Olympics), and played Ms. Pac Man for hours on end. I got my ass kicked.

I managed to get both of the houses I have under contract sold while I was away, even though I said I wasn't going to do any work while I was there. I also got another promising counter offer, and am waiting to hear back from the listing agent to see if they are going to take my counter. I doubt they will come down that far, but you never know.

The pink house deal will be officially closed tomorrow. It was ready to go today, but my buyer couldn't get to the bank in time to get cash, so he's going in tomorrow at 9:30 to sign. There were a few last minute "issues" that we had to deal with, but I don't feel like getting into details, as I just want this stupid pain in the ass deal to be over and done with....

My intent is for September to be my best month yet, and I've already got 2 deals lined up, so if I work my butt off for the next few weeks, I'm pretty sure I can accomplish that goal. To be honest, I have been doing some serious slacking off in between deals, and really only work hard when my funds are running low. That's a horrible habit to get into, but I will tell you, when you have pretty much lived month to month your entire adult life, it is harder than you might think to break yourself of that mentality. Old habits die hard, I guess. I'll get there, though. If I made it this far, I can do anything...

8/7/2008

I put a few more offers in yesterday on houses in the same neighborhood as the pink house. I've pretty much got an offer on every single concrete block house in this zip code that's priced under 80k. So far, I've received 2 counters, one of which was $1500 below list price with a closing date of September 22nd. That obviously is not going to work. The other one I may be able to turn into a deal. I gave the address to my buyer this morning and he is going to go by this afternoon. The bank is "supposedly" ready to close on it any day, as it has been under contract twice already, and both times the buyers/wholesalers bailed at the last minute. It just came back on the market in the 50's, and I'm trying to get it for 35-38k and sell somewhere in the 40s. We'll see what happens.

Last night I discovered my new favorite restaurant in Tampa- Vino E Pasta. I'm not sure what I like best about this place- the food, the service, the atmosphere, or the fact that you get a complimentary bruschetta for an appetizer, and these delicious little cream puff things for dessert. I think I will start treating myself to dinner there every time I close a deal. :)

Gotta run- I'm going to St. Louis this weekend to visit my sister and my nephew, and I've got a million and one things to do before I go...

6/23/2008

Holy crap, this year is almost half over. How did that happen?

I've got all kinds of stuff in the works at the moment. I had 3 (yes, 3) buyers call me today asking me to find them more deals. That's a good thing. I think I've got 2 of them lined up with deals, but haven't heard for sure yet. More waiting... I sent one of them out to a house that a friend of mine is about to get under contract, and the stupid lockbox was jammed, so, being the hustler that I am, I went out to the house myself and after realizing that the lockbox was, indeed, jammed, I crawled in through a (very small) window in the back of the house and almost killed myself. No idea how I actually made it through, but I did. Also, I sliced my elbow open on some glass on the way in. Good times. I'm still waiting to hear back from my buyer about that one, but he seemed to like it, and the numbers are good, so we'll see.

I'm back in offer making mode, and have a goal to get another one by the end of the month. I'm going on 3 trips over the next 3 months, so I need to make me some cashola.

Over and out.


Hehehe.

6/19/2008

Went to see the Rays play the Cubs last night with my friend Jeff. Man, there were a lot of Cubs fans in the house. I'm not a huge fan of baseball, really, but had a great time anyway....

I'm meeting a buyer in an hour to get a deposit and sign a contract for the house I just closed on Tuesday. I have some other guys interested, but they are still working on getting their hard money lined up, and I know this guy personally, and also know his hard money lender already said he would fund it, so I'm going with him.

The short sale deal that I had sold to my buyer is not going to happen because the seller's attorney instructed her to not sign the promissory note, so I guess she's going to just lose the house. Thank you, Mr. Attorney.

No new news on the other REO that was supposed to close forever ago. The bank is still dragging their feet for whatever reason. Maybe it will close some time before Christmas.

And that's all she wrote. Gotta run....

6/17/2008

I think I'm going to change the name of my blog to "Days of Our Wholesaling Lives," because I've got so much deal drama going on right now.

To sum up, my buyer ended up not being able to come through with his financing, which I didn't find out until this morning because he did not return my phone calls yesterday evening. So I got to spend last night staring at my ceiling wondering what was going to happen. That always makes for a good night's sleep. I had to call the bank's title company yesterday and come up with an excuse for why the wire was not going to be there. They were not too happy about it, but I bought another day for myself.

I called my short sale friend, Nathan, last night (who, by the way is closing on 8 deals this month), to vent to him about how frustrated I was that I had another buyer for this deal for more money, but I went with what I thought was the sure thing, and now I pretty much screwed myself. He asked me if I thought I could still sell it and make money, and offered to put up the cash for it if my buyer couldn't close, and offered to split the deal 50/50. So, that's what I did. I just got back from dropping the cashier's check off at my title company, and they sent the wire to the bank just in the nick of time. I have to admit I'm scared shitless right now of not being able to sell this house when my friend's money is on the line, but I'm pretty sure I will be getting a contract on it this evening from the same buyer that I turned down a week ago. Also, I have another wholesaler friend who told me he would close on it himself and keep it as a rental if I can't find another buyer. So, I should be OK, and still make money on it. Oh, also, the listing agent called me a little bit ago to make sure everything got closed OK, and mentioned to me that she would have "plenty more deals like that" coming up. Nice. That in itself is worth the headache. Plus, it's always nice to know that you've got someone with access to fast cash if you get in a pinch.

I sold another deal to my buyer who is waiting on that deal that was supposed to close last week. He told me he is willing to wait for them to get their shit together, and he will take this one, too. Only problem is, this is a short sale that was just approved, but the bank is requiring the seller to sign a promissory note for the amount they are discounting the house (or something like that- I don't do short sales), and the seller is on the fence about signing it. It has to close by Friday, so she better make up her mind. This is a deal that another wholesaler friend of mine has under contract, so we will be splitting the profits on this one.

I'm tired. I seriously was up at 4am worrying about this stupid deal closing.

So, that's it in a very small nutshell. There's some more to the story, but I won't get into it here. Let's just say I've learned some valuable lessons on this one. Hopefully there won't be more to follow.

Over and out to get a much needed cocktail...

P.S.
Peer Title in Tampa rocks.

6/12/2008

We are still waiting to hear when/if we can close on the deal that was supposed to close Tuesday. No one will return a phone call, or respond to emails, faxes, etc. They are a bunch of idiots, and I hope they go out of business and end up on the streets. Really, I do. My buyer decided to wait to see if we could get this one closed, and in the meantime, the other deal I had lined up for him sold to another investor. HAHAHA. He is not going to wait around much longer, though, so if these assholes don't give us an answer soon (as in tomorrow), then he is probably going to walk from this deal (his contract was up on Tuesday), and look for something else. And then I am going to hop in my car and head down to Ft. Effing Lauderdale and set this stupid title company on fire. It would be one thing if they would acknowledge us in any way, and let us know what is going on and when we can close, but it is IMPOSSIBLE to get in touch with anyone who knows anything. VERY FRUSTRATING.

The other deal that is supposed to close tomorrow, I STILL do not have the HUD and title commitment for, even though the lady told me I would have it this morning, and then by noon, and then by 5, and now tomorrow. We are doing a simultaneous close on this, so I need to get the docs to my title company as soon as possible so they can get everything ready for the second half of the transaction. I can hardly wait to hear her excuse in the morning when I call bright and early to harass her.

To make myself feel better, I have been low balling the crap out of the banks all day.

6/11/2008

The closing that was supposed to take place yesterday didn't happen, because the bank apparently doesn't own the property anymore- so the file is now with a new lender (or loan servicer, or whatever), and as you would expect, nobody knows what's going on. They decided to let us know all of this yesterday at around 2:30, and we were supposed to close late in the afternoon. This is after the bank switched title companies while the property was under contract, but the first company wouldn't release the 5k deposit to the new title company, so the new title company wouldn't release any closing docs until they got the 5k deposit. So my friend who has it under contract had to wire another 5k to the new title company just to get it closed on time. And then after all that, it looks like we have to start from scratch. What a fiasco. So, we have no idea how long it will take for them to get everything in order to close this (days? weeks?), and my buyer doesn't want to wait, so I'm not sure what's going to happen. I should be getting a call any minute (hopefully) letting me know if they can get it closed any time soon. If they can't- I already have another property lined up for my buyer, that I will be able to make more money on, so I kind of hope we can't close on the first one. I'm counting on these inefficient, bumbling, hack-jobs to live up to their reputation- it will work in my favor for once.

The other deal that I have under contract is still on track for Friday, although I haven't spoken with the lady at the bank's title co since Monday, so I will have to call today to make sure she didn't forget about me/lose the file/lose the escrow check/etc. If you don't babysit, you can pretty much forget about anything getting done. It's kind of hilarious, really. I mean, you'd think that since most of these banks are SCREWED, that they might try to streamline the whole process of getting these properties off of their books, but instead they like to do things the slow, inefficient way. Makes perfect sense.

I'll keep you posted as to how this turns out- I'm sure there will be more comic relief to follow...

P.S.

JP Moses over at REI Tips is looking for real estate blogs to showcase on his website. If you're looking to get more traffic to your blog, I'd recommend heading over there and checking into it.

6/5/2008

Well, I met my buyer today to get the contract signed and get the deposit check for the house that he is buying from my wholesaler friend. We met for lunch, and sat and talked for an hour or so. I wish I could find a few more buyers like this guy, because he is the best. Easy to deal with, no bs, and the nicest person in the world. He's been in the game for 20 years, and told me he has never seen such a great buying opportunity, and said he hopes it stays this way for at least another year. He told me he would be ready for another one in about a month, so I'll be scoping the area like a hawk. Not that I don't do that anyway.

I may have a buyer for the REO I have under contract. Will find out tomorrow. The buyers are coming in from South FL to look at my property and a few others. I think they will take it, but don't want to put all my eggs in one basket, so I am still calling everyone I can think of to market it. I'm not used to not having a buyer already lined up, so I'm kinda stressed about it, but it will be a good learning experience for me, and I will probably turn up some new buyers while I'm advertising this deal.

I've been doing a lot of marketing to out of state buyers (NY, CA), as well as to out of state wholesalers who may have investors looking to invest in this market. I already know of a few guys who have buyers from outside of FL, and I'm pretty sure more will follow. Good deals are all over the place if you know where to look, and I think this market will be one of the first to bounce back when this downturn ends. Lots of millionaires are going to be made in this market. Might as well be one of them, no?

I've got another possible deal where I brought a buyer to another wholesaler, but not sure if that's going to work out or not, so I won't get into the details. I have a meeting with them (buyer, wholesaler) on Monday, so should find out then if it's a deal.

And that's all I've got for today.

Over and out.......

P.S.
If anyone is looking for a 3/1, 1000sf block house that needs no repairs, with an ARV of $135k-ish (prob would appraise higher, but I like to be conservative), let me know- I'll email you the details. It's not in the greatest neighborhood, but definitely not the hood, either. Asking price is 75k. I'll be your best friend forever and ever....

6/4/2008

I got one of my REO offers accepted yesterday afternoon, which is great, except the buyer I had lined up is now not sure if he wants it or not (grrrrrr). So, now it's a race to find another buyer. I didn't leave myself much time to close, because I was sure my guy would take it, so I kinda need to find a buyer fast. It's a good house that doesn't need any work, and I've got it at a good price, so I don't think I will have too much trouble selling it. We'll see. I've already got some signs up in the neighborhood, and put the word out that it's available.

Today I sold one of my wholesaler friend's houses to one of my cash buyers who was ready for another. The spread was really thin, so I'm only going to be making a grand off of it, but it's better than getting punched in the face or kicked in the teeth or what have you. This is the third house that I've sold to this buyer on the same street. He wants to buy up the whole block, I think. Fine with me.

The other cash buyer that is ready for another deal sent me an email today that really ticked me off. A lot. In a nutshell, I spoiled him with the last deal I sold him, and could probably have gotten at least another 5k out of the deal, if not more, but I'm retarded sometimes, and I told him how much I had it under contract for, which was a big mistake. Anyway, the place was a 3/2 block, needed ZERO repairs, he bought it for 72k, did a 70% refi (appraisal came in at 145k), pulled some cash out, and had it rented within a few weeks. This was his first deal, and apparently I gave him the impression that deals like that are just hanging out by the pool in my backyard. Anywho, I sent him a deal today (the one I have under contract) asking 79k. It is the same square footage, roughly, but is a 3/1 instead of a 3/2, but it is in a better part of town, and, would rent for a higher amount. It is rent ready. So, he sends me a (rather rude) email back saying (in a nutshell), that "frankly" a higher priced house that has one less bathroom is not very "appealing" to him, and maybe if I was asking 68k or less it "might be worth a look." Really? Well, go f yourself. How bout that? Go find your own deals and see how easy it is, pal.

Oh, You'll never guess who I had the pleasure of telling off yesterday.........Slim Shady's accomplice who wrote the bad check a few weeks back! I was having lunch with another wholesaler yesterday when this retarded piece of trash called the guy I was having lunch with. Slim and Co. have been pretending to be buying one of this guy's properties, too, and have been pulling the same shenanigans with him. So, I made my friend give me the phone, and I WENT OFF on him. I told him he was a dirtball and nobody in the entire city of Tampa wants to do business with him because he is a shady bastard. So, then, true to form, he tells me that he is still planning on closing that deal he bailed on like 2 weeks ago. HAHAHAHAHA. Then he tells me (this is freaking HILARIOUS), that he has a hard money lender in CHINA who is going to lend him FIVE MILLION DOLLARS to buy houses, and can he have his hard money lender call me? So, I play along, and a few minutes later I get a call from some other bozo with the same story. I let him have it, too, and let him know the only way I would ever sell him a house was if he showed up with a suitcase full of cash for the entire amount of the purchase.

These shady a-holes need to be put in their place. They give the rest of us a bad name.

I'll leave you with a picture of Slim that my buddy Bruce out there in Blogland sent me.....



Hehehe. You crack me up, Bruce.

6/2/2008

Geeze, I'm tired.

I had a long list of things I wanted to accomplish today, and I pretty much got everything done. And now all I want to do is sleep. Well, actually, what I REALLY want is to eat an entire pint of Ben & Jerry's chocolate chip cookie dough ice cream (I tried some the other day, and am now officially an addict), but I'm too lazy to drive to the store to get some. Wish they delivered...

I've been going back and forth with the banks on a few of the offers I made over the last couple of days, but nothing solid yet. I sure do have a lot of offers out, though.

One of my buyers called today to tell me he's ready for another house. Which really SUCKS because I don' have anything for him right now. He likes to buy in a certain part of town, and there's really not much on the mls that is even close. So, that makes 2 buyers that are waiting on me to find something for them. Crap.

Send me a deal, REO Gods. Send me a deal....

And some ice cream.

Dang, that looks good.

5/31/2008

Holy crap, how is it June Eve already?

The guy with the supposed buyers from NY is turning out to be a big fat waste of my time. He was supposed to send me over a signed contract for one of the properties I am marketing, and he disappeared for a day, then called to say he changed his mind. I'm done chasing this guy around.

One of the REOs I thought I was gonna get was bid up by another wholesaler, so that is dead (for now,anyway) and the other I am STILL waiting to hear back from the listing agent about. He says the bank is totally swamped and can't keep up with everything, which doesn't surprise me, but I'm starting to get pissed, and my buyer is getting antsy.

I got a call from a lady who I gave a short sale lead to back in November. She finally got the deal closed, which translates into a check for me. Not bad for about 5 minutes worth of work.

I've been on an offer-making frenzy over the last couple of days, so I should be getting something here shortly. I've been sticking to my quality vs. quantity approach, and, like I expected, it is going to take me making a lot more offers to get the spreads I am seeking (10k+ per deal is my goal, and my best to date is 8k), but I'm sticking to my guns. Also, I'm sick of hearing people tell me it's not possible to make big spreads on REO deals (even though I personally know people who are doing it on a consistent basis), and I just LOVE it when someone tells me I can't do something. So, that's a big part of my motivation as well.

Have a great rest of the weekend!

P.S.
I put a link up on my sidebar to banditsigns.com. If you're looking for cheap signs, they've got "Avoid Foreclosure" signs on sale for 99 cents each right now. Look under "Current Specials" :)

5/26/2008

Hopefully everyone is enjoying the holiday.. I had plans of working this weekend, but it hasn't really worked out that way. Unless you consider drinking margaritas working.. Hehe.

My friend Eli, who is one of my favorite people in the whole world, called me Friday night to let me know he was back in town. He just graduated from vet school and is doing his internship here in Tampa. We used to work together at Howl at the Moon many moons ago (hehe), and have kept in touch ever since. We went to the Hub for cocktails Friday night, and ended up drinking beer and catching up on my patio until 6am. Haven't done that in awhile.. We went rollerblading on Bayshore bright and early this morning, and I'm pleased to announce that I totally busted my ass (I'm not good at stopping) in front of God and everyone. It was funny at the time, but I re-screwed up my back and it is really killing me right now. Ouch. We're heading out to Sloppy Joe's in a little bit, where another friend of mine who also worked at Howl is bartending. Should be a good time. It's like a Howl at the Moon reunion..

I told one of my buyers about one of the pocket listings that I got last week, and he went out and checked it out today (he was out of town until this morning). He said he would take it at 60k, and my offer is 50k. Hopefully I can get it wrapped up before it hits the mls, because I have no chance once it does. Keeping my fingers crossed.

The guy with the NY buyers cancelled our lunch appt at the last minute, but I'm meeting him at his office tomorrow to chat.


OK, gotta run, the margaritas, they're a callin' my name.....



P.S.
I'm way behind on my emails, so if anyone sent me one recently, I promise I will get back to you very soon. Sorry.....

5/22/2008

I got a call this morning from one of the REO agents that I closed a couple deals with over the last few months. I put in an offer on one of his properties yesterday evening (a very, very, low offer), and he called to let me know he was submitting it this morning, and should have a counter back by this afternoon. We got to talking about some of his listings (I study his listings all the time to see if anything is getting close to where I need to be at), and he mentioned that one of the properties has been sitting on the market forever, and the bank is ready to dump it. Unfortunately, this house is teeny tiny, and also in one of the worst parts of town, however, if I can get it cheap enough (like 10 grand), I have a buyer looking for lots in this area who will pay in the high teens for it. so, I kinda threw out the 10k figure, and he told me to put it on paper.... We'll see. Going to call my guy to have him drive by the lot and see if he would be interested. That would be some easy money.... Also, this agent told me he has 3 listings coming up that I might be interested in (all are block homes, all are priced low), and sent me over an email with all the info. Hehehe.

My plan is all starting to come together, slowly but surely......

5/20/2008

I've been feeling kind of "out of the loop" lately, so today I pretty much sat on the phone all day and did a whole lot of networking. I literally had the phone glued to my ear for at least 8 hours. It's amazing what you can learn by just going up and down your buyers/investor list and calling people to see what they are up to and what they are looking for (if anything). So, anyway, I spent all day on the phone, calling buyers and also several other wholesalers that I have lost touch with over the last month or so. I also just got off the phone with a commercial broker who has 2 buddies in California who are looking to invest 500k in this market. Apparently they don't really know what they are doing, and are looking for someone to find them deals. I think I may know someone who might be able to help. Hehe. I'm definitely following up with this guy in a few days if I don't hear from him...

I'm meeting the guy with the NY buyers for lunch tomorrow, and keeping my fingers crossed that it isn't a big fat waste of my time. We shall see..

What else. I've got a whole shit load of offers out there right now, so I should be hearing something back by the weekend.

I'm trying to focus on quality as opposed to quantity when it comes to my wholesale deals, so my offers have been getting lower and lower. I know I will get less accepted this way, but I would rather do one really nice deal a month as opposed to 3 little ones. It will require me to make more offers, probably, but I can live with that...

Over and out.

5/18/2008

Well, Friday night I went out with some friends to celebrate the crashing and burning of the Slim Shady deal. We started off at the Hub, then walked down to The Fly, and then back to the Hub where the crowd is a lot less plastic-y, if you know what I mean. Good thing both places are within walking distance of Skypoint, because believe you me, we were in no condition to drive. We did, however, manage to crash the pool at 4am (it closes at midnight, supposedly). Hehe.

Remember that guy I was talking about who supposedly has an investor looking to spend ten zillion dollars on Tampa real estate? Well, I kept harassing him with calls and emails because I had a gut feeling that he might possibly be a worthwhile contact to have. He ended up calling me Friday after seeing one of the properties I'm marketing on Craigslist. He's still sticking to his story that he has investors (cash investors) from NY that are looking to dump a lot of cashola into this market. Nice. We talked for awhile, and then set up a lunch for this week. I guess I'll find out soon enough if he's full of it or not. I sure hope not. $$$$$$$.

One of my buyers who is ready for another property called me last week to ask about an REO that just came back on the market. He told me what he would pay for it (not sure why he didn't just make the offer himself, but who am I to argue?), and asked me to try and get it at that price. I put the offer in (leaving enough room for a tidy little profit for myself), and got a counter back from the bank Friday afternoon. They came down 15k off of list price, which still isn't good enough, but we're getting close. We'll see what happens.

I also picked up another cash buyer from the signs I put out a few weeks ago. This guy's been investing for a long time, but hasn't bought anything in several years . He says he's in buying mode again, and asked me to send him whatever I get. Nice. I tell you, as much as I hate putting those stupid signs out, I always seem to pick up a buyer or two. So, I will keep putting them out.

And that's all she wrote.

10-4, over and out...

P.S.
There is a very interesting thread going on over at the Flippinghomes forum regarding the foreclosure mess that our country is in. Check it out if you have a spare moment...