Flip This Wholesaler

1/8/2009

Well, guess what I FINALLY got Tuesday.......

One of these:



If you'll recall, the computer I was using prior to this, I bought on Craigslist for $350. It worked like a champ for awhile, but then it started to have problems, and then I spilled a glass of wine all over it, and thought it would be a good idea to dry the USB ports out with a hair dryer. As it turns out, using a hair dryer on a computer is not a good idea, and things just went downhill after that incident. Towards the end, every time I would shut the computer off (or it would shut itself off for no apparent reason), I would lose EVERYTHING. All of my bookmarks, and settings, and pictures. Everything. Good times. Also, the keyboard stopped working, so I had to plug my keyboard from my old PC into one of the USB ports, and then set the keyboard on top of the laptop. This wasn't too bad, except for the fact that there was only 1 extra USB port, so when I wanted to print something, I had to reach around to the back, unplug the keyboard, and plug the printer in. When you are writing offers all day, this can get really, really annoying. Especially for someone with zero patience (Me).

So, anywho, Circuit City had the pink Vaio on sale, and now I gots me a new computer. And I LOVE, LOVE, LOVE, it! End of story.

On to real estate...

I got my first deal of '09 under contract on Tuesday!! This is the one that I had been offering on for 6 months, that I just offered on again a few weeks ago at 8k below list and I didn't even get a counter. It was just re-listed with another agent, so I made another offer, and got it accepted. The funny part is, the offer I made a few weeks ago was for 30k, and this time I offered 25k and ended up getting it accepted at 26.5k. Hehehehehe!

California Guy told me he would take this house at 35k a month or so ago, but he seems to be ignoring me lately, and every time I call him with a property I get the impression that I am annoying him. I'm not sure what his deal is, but he's been really short and rude with me the last few times I've called him. I don't know if he thinks he's doing me a favor by buying my deals, or what the problem is, but I refuse to kiss anyone's ass, no matter how much money is at stake, and as far as I'm concerned, he can take a hike. There are plenty of buyers out there.

I'm actually kind of glad that he's not going to buy this, because it will force me to get out in the streets and market the hell out of it, and in doing so, I will find other buyers. I'm going to put out 100 signs this weekend advertising this deal, and also a deal that one of my wholesaler friends just bought at auction. I guarantee you I will pick up a few new buyers as a result..

OK, gotta run..

1/5/2009

Man, I was productive today!

Up at 6am and in the gym by 7am.

By the time noon rolled around, I had already run 4 miles, looked at 3 houses, and made 3 offers.

Nice.

If I can keep this routine up all year long, I am going to do some serious damage in 2009... Actually, let me rephrase that.....I WILL KEEP THIS ROUTINE UP, AND I WILL DO SOME SERIOUS DAMAGE IN 2009. That's what I meant.

It dawned on me over the weekend that I really don't have to do all that much work to make a very nice living. This epiphany came about as I was looking at the amount of offers I made in 2008 (I keep track of them in a spreadsheet), and then comparing that number to the amount of deals I did..... I made 283 offers and closed 19 deals. That might seem like a lot of offers, but when you break it down by the number of days in the year... IT'S NOT EVEN AN OFFER A DAY! That is pathetic.

Soooooo....my goal (one of them) for 2009, is to make a minimum of 3 offers/day, every day. This is an easily attainable goal, and should result in at least a doubling of my income. I did OK monetarily in 2008- I made more money than I have ever made in 1 year (although that is not really saying too much), but it's nowhere near where I want to be- I know I can do much better...

My confidence level right now, compared to what it was at this time last year (I hadn't even closed an REO deal yet).... is like night and day. Last year at this time, I was "hoping" to kick some REO ass, and this year, I KNOW that I am going to kick some REO ass. There has been a lot of work between the hoping and the knowing, but it damn sure feels good to be here...

Roger Dodger. 10-4, Over and Out.

P.S.
I'm having a Rocky marathon tonight...


Drago. That Russian mothe***cker.

1/3/2009

I got a counter offer today.

On a Saturday.

This is shocking.

I've never gotten a counter offer on a weekend before. Ever. I didn't even know that REO agents and banks worked on the weekends. It's hard enough getting an answer out of them on a weekday, let alone on a weekend. Again, I'm SHOCKED.

It's especially shocking because I've been offering on this stupid house for the last six months. The listing just expired with the (worthless) agent who's had it the whole time it's been on the market, and it was just relisted a few days ago with another guy. I've come to the conclusion over the last year of making offers, that the agent who had this house originally, does not like to make money. Either that or she is just stupid and lazy. Or, maybe all three. I've probably made over 100 offers on her listings since last summer, and I have NEVER, EVER, received a single response. I'm not kidding. And, these are not all low-ball offers, either.... For example, this house that I got a counter offer on today...I made an offer on it 2 weeks ago when she still had the listing.. I offered 8k below list, with a closing in 1 week (or maybe 10 days, I can't remember), all cash, no contingencies. And I got no response. Nothing. Crickets. So, I finally called her up a few days later and asked her if she got a counter from the bank, and also told her (in so many words), that I was willing to come up a little if they were willing to come down a little. So, she tells me she will call me right back, and then I never hear from her again. This was on a Friday afternoon that I called her, and so I waited until Monday afternoon, and when I still hadn't heard from her, I called again (twice), and left 2 messages, and then I sent 2 emails. No response. More crickets. This is unacceptable to me. Seriously. WE ARE 8K APART AND THIS HOUSE HAS BEEN LISTED FOR 6 MONTHS! WORK WITH ME HERE, YOU LAZY PIECE OF WORTHLESS REO AGENT.. Geeze...

Anyway, so the property came back on the market a few days ago, I made an offer on it yesterday, and I got a response back today. That's more like it.

I'm pretty sure California Guy will take it, but he's kind of been pissing me off lately and not giving me any feedback on the houses I send him. Maybe he wants to go find the deals on his own?? Have at it, Buddy. Look out for me and my cohorts, though, cause we'll probably beat you to the punch every single time. Hehe. Just kidding.. Not really.

10-4. Over and out.

12/31/2008

I don't have a lot of time to write, but I wanted to get one more blog post in before 2009 is upon us...

I've had some ups and downs this year, but I can honestly say that what I have accomplished in 2008 has exceeded my expectations by a long shot. I'm proud of myself for getting to where I'm at right now, and even though I had to claw my way here, and even though it has been a constant struggle, I would not want it any other way. It really is an incredible feeling to look back at some of the obstacles I've managed to find my way around, and to see the fruits of my labor finally come to fruition.

I hope that this blog can serve as a source of inspiration to those of you who are struggling, and those who are still trying to get your first deal... It is not easy in the beginning, and there is a monstrous learning curve to tackle, but I promise you, if you are willing to put forth the effort and do whatever it takes, then you will be handsomely rewarded for your efforts. I'm not just blowing smoke up your ass here, either, I'm telling you the truth. If you don't believe me, then go to the archives and read this blog from the beginning, and you will see what I mean...

Thanks to all of you for sticking with me this year- I appreciate your encouragement and support, and I wish you all a happy, healthy, and prosperous 2009!

HAPPY NEW YEAR!!!!!!

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.

12/27/2008

I'm back!

I flew into Tampa last night around midnight. My plane was supposed to land at 2pm, but I had a layover in Atlanta, and ended up being stuck there for 7 hours or so because of the fog. Same thing happened on the way there- I missed my connecting flight (not my fault this time), and I was stuck in the Atlanta airport for 8 hours, and I only had 2 hours of sleep the night before, so I was in rare form. Naturally, I headed to the airport bar and drank some bloody marys to pass the time, and managed to make a new friend while I was there. Hehe. I'll tell you all about that some other time.

All in all, it was a great trip, except that I ate WAY too much (my Mom made her pasta and meatballs- yummmm), but I guess that is what you are supposed to do during the holidays- get fat.

I'll leave you with some pics I took on Christmas Eve..


Me, Dad, and Sister


Little Handsome Trevor


Look Mom, I have antlers!


Me and Mom


Trevor and his proud Mommy



Jack the Dog in his Christmas Outfit

12/23/2008

It's 1:18 am and I am not even packed yet. And I am baking cookies. My flight leaves in 6 hours.

I have been running around like a crazy person since 9am this morning trying to get everything done before I go. I managed to get all of my shopping done, and let me tell you, that was a fantastic time. I ran out of patience round about 6pm, and ended up getting everyone gift cards (except my nephew Trevor), but it still took me forever. I also managed to find myself a coat (half off), because I think it's going to be 10 degrees or something like that in St. Louis. 10 degrees is painful. I also got a hat and gloves, and a scarf and earmuffs.

I just drove across town to drop off some cookies on my friend Jeff's doorstep, and now I am worried that he is going to trip over them in the morning and crack his head open or something. I put them in one of those Christmas tins (with Santa on it) right outside his front door. You have to step down to get out of his front door, though, and I'm hoping he sees them before he steps. That would be a pretty crappy Christmas surprise to slip on a tin of cookies and end up in a coma. Maybe I should call him first thing in the morning..

I'm whipping up one more batch of cookies for my friend Dave, who I kind of tricked into taking me to the airport at 5am. Technically, he said yes when I asked him on Friday if he would do it, but I waited until he was 3 shots of tequila and two beers into our conversation before I brought it up. Hehe.

The timer on the oven is beeping, so I gotta run....

I hope you all have a wonderful Christmas- stay warm, enjoy the time with your family and friends, and I will talk to you when I get back...

12/21/2008

Well, I ended up closing deal #4 Friday afternoon. I called my wholesaler friend Dave shortly thereafter to see if he wanted to meet me for lunch/cocktails/tequila shots, at Estella's on Davis island. We have both been doing really well these past few months, so we decided to meet up and celebrate. While we were enjoying our cocktails on the patio, I got a call from the bank's title company about the deal where I was waiting for the bank to sign the deed package.....the lady said she finally got everything she needs from the bank, so I should be able to pick my check up tomorrow (Monday). So, that's a good thing.

Friday evening, my friend Jeff surprised me with tickets to the Moscow Ballet's Great Russian Nutcracker. It was awesome. I took ballet from when I was 4 years old all the way up until high school. I still have my first pair of ballet slippers, and also my firefly costume from my first recital. They are so tiny. I can't remember why I quit (probably because I was too busy chasing boys and getting into trouble), but it is one of the decisions in my life that I really regret making. I felt envious watching the ballerinas on stage.

After the show, we went to the legendary Bern's Steakhouse for dinner (my first time).... Holy crap- I have never seen a wine list like that before. We ended up closing the place down, and then our server (who was the best server I have ever had in my entire life, by far) gave us a tour of the wine cellar, which was absolutely unbelievable...

I didn't get much accomplished yesterday (too much wine the night before), but today I went on a sign mission, and ended up finding yet another cash buyer- the kind of buyer that is going to make me a shit-ton of money in the very near future... This makes me quite happy.

I still have not done my Christmas shopping, and I am leaving Tuesday morning at 6am. I do this every year. I hate myself for waiting until the last minute, but I am a last minute kind of girl, so I guess I just need to accept it and endure the consequences of my severe procrastination.

Tomorrow is going to be hellish.

10-4, over and out.

12/18/2008

Oh boy. I am a happy camper right now! I closed one deal today at the last minute after sitting at the closing table for two hours because of a code enforcement lien that the bank's title company missed, and my buyer's title company had to get some sort of affidavit signed from the seller saying that the lien was not theirs. Or something like that. It was a really good time, and during those two hours of waiting, I got to know my sans-ID-buyer a little more, and I have to say- I am intrigued by this guy. I do not think he is an axe murderer or child molester, or anything like that, but I think he got into some trouble (drugs) a long time ago (circa 1989), and then skipped town, changed his name (to one of the most common American names), and moved to Tampa. This is just a theory I have, but I am a pretty quick study, and after talking to him for 2 hours, I feel fairly confident with my assumptions. And that's all I have to say about that.

The other deal that we signed docs for yesterday, is still not closed because the bank still hasn't sent the deed package to their title company. I will get to the bottom of this one tomorrow. I think it is just a matter of harassing a few people (by harassing, I mean calling them every half hour until they get it done), and as you all know- I have a masters degree in harassment.

And then...the cherry on the cake of my day....I just got the HUD emailed to me from the bank's title company for deal #4 that is supposed to close tomorrow, and that I thought would never close because the bank's title company forgot to order the lien search until last week. This is great news!

P.S.

I bet I just totally jinxed myself.

Damn.

12/17/2008

Ahhhhhh.. These REOs. They are so much fun. So much dang fun I don't know what to do with myself sometimes..

So, the deal that was supposed to close Monday, that they moved to today, that I am closing at my buyer's title company because he doesn't have an ID......well, that is quasi-closed. And by quasi-closed, I mean that all of the docs are signed, and my buyer's funds (see below) are in escrow at his title company......BUT.....the stupid freaking seller has not sent the deed package to their title company yet, and my buyer's title company will not release his funds until they get a copy of the signed deed from the bank's title company (this could take years).

YAAAAAY!!

My favorite thing in the world is going to a closing and then leaving without getting paid. LOVE IT. This is the second time in a month that I have gone to closing, signed docs, and then walked out without a check. This really irritates the living crap out of me.

I think, perhaps, that the Universe is trying to teach me to be patient.

The Universe can kiss my ass.

P.S.
My sans-ID-buyer brought $25,000 CASH to closing today. No, I'm not kidding. 25k in cold hard cash. Thought about taking a picture, but I didn't think it would go over too well.

12/16/2008

So, the second deal that was supposed to close yesterday, did not close. Not really sure why. The bank's title company sent over the HUD with tomorrow's date on it for the closing, so, I guess we're closing tomorrow. Then I've got two that are supposed to close Friday, but I'm trying to get one of them done on Thursday because my buyer (same guy who is buying the one from me tomorrow), is going out of town early Friday until the 3rd of January.

I made a bunch of offers yesterday and a few today. Jim and I had intentions of going to the hood to look at houses today, but once we got there, I decided that it was too beautiful of a day (not trying to rub it in, Northerners) to spend looking at shacks, so we decided to go to the dog park instead, where Jim came ever so close to dining on a squirrel sandwich for lunch.

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

Well, except for this picture I took from my balcony tonight of the Suntrust building in all it's Christmas glory. I don't know how long it's been dressed up like Santa, but I just noticed it tonight....



HO HO HO!

12/15/2008

Well, I had one closing this morning (yay!), and am supposed to have another one sometime this afternoon, but not sure if that's going to happen. This is the one where I'm using my buyer's title company because the buyer doesn't have an ID, and also, the bank is using a title company in Tampa which is a new one for me. I sense impending doom with this deal. I'm just waiting for the phone call any minute now. The attorney from my title company told me this morning to give him a call if I ran into problems, so that's always good.

The other 2 are supposed to close Friday, but I doubt they will. Would be nice, but I just don't see it happening. I'm leaving early next Tuesday to freeze my ass off in St. Louis for five days, so if the other 2 don't get closed by Monday, we'll have to wait until after the holidays, which is going to piss me off, but what can you do?

My buyer from the closing this morning told me he is ready for more. That is a good thing. I've got several other investors looking for more houses, too, so I'll be making offers like a mad woman this week and hopefully will get one more deal in before the end of the year (well, not closed, but at least under contract).

I still have to do a little Christmas shopping, and I can't think of anything I'd rather not do than set foot in a mall the week before Christmas. I don't know if I can do it. Maybe I will have a bottle of wine first and then take a cab to the mall. That should dull the pain a little bit...

Offers to make- gotta run..

12/12/2008

I really, truly, want to drive up to Destin, and kick someone's ass.

I'm starting to think I'm on candid camera. Or, MTV's Boiling Points. No kidding. Because I do not see how it's even possible for people to fuck things up this badly, unless they are doing it on purpose for the sake of entertainment.

I don't know- maybe I misunderstood the email I got from the bank's title company last night that said this:

We are ready to close on our end. We have clear title, and searches are back. We can close whenever you are ready..

So then, I contact my title company to set up the closing for Monday, and then tell my buyer that we are ready to close Monday. And then I get a call this afternoon from one of the "closing coordinators" for the bank who informs me that they just started the title work YESTERDAY.

WTF?

Seriously, W. T. F?

And then when I tried to call the lady who sent me the email last night telling me they were ready to close- she does not answer, and does not respond to emails.

Good times.



Edit/P.S.

The more I look at this picture, the more I think this (fox?) looks sick, and/or inflicted with rabies, and now I feel bad for posting it at all. Maybe I have just had a few too many glasses of wine, though, and am over analyzing? Either way, I did not mean to poke fun at a sick fox, as that is not my style. In case you were wondering.

12/11/1008

I probably shouldn't even be writing this, because I have a nasty habit of jinxing myself by saying stuff like this, but....... It looks like at least 3 of the 4 deals that are supposed to close next week, are actually going to close next week. I'm a little shocked/skeptical/afraid to go outside because I'll probably get hit by a bus, but it appears like it's actually going to happen. The 4th one (the one where they screwed up on the addendum), may close too, but I just haven't gotten a verbal confirmation from anyone yet.

2 of these deals are being closed at my buyer's title company (the buyer who is sans identification), and even though they have told me 12 times that they will do a simultaneous closing, I still think they are going to screw it up somehow. I'm just waiting for the phone call where they tell me they misunderstood what I was trying to do, and that it is really illegal to do simultaneous closings, and that I'm going straight to hell. I had dreams about it last night, and I'm going to be a nervous wreck until they actually close.

One of the deals is actually ready early (this is the one where I went directly to the asset manager). It's supposed to close next Friday, but they contacted my title company today and said everything is ready. I am SHOCKED. Of course, now my buyer isn't ready, but I won't get into that right now. He'll be ready by next week (he's actually in Columbia right now and won't be back until then). It's always something...

I haven't made any offers these last few days because I've been busy putting fires out and harassing people. I guess I better get back to making them, though, cause I'm not going to have anything in the hopper once these deals are closed.

That would be the best Christmas present EVER if I could close all 4 next week.

I can dream, can't I?

12/10/2008

Someone sent me this link earlier today.

I'm ashamed to say that I could only come up with 38.

I'm officially geographically challenged, I think.

12/9/2008

So, I decided to try a new approach to getting the bank's title companies to get my deals closed on time. I like to call it........ "Operation Throw Your Lazy Ass Under The Bus." Basically, what I do is, dig up the asset manager's contact info (this is not the easiest thing to do, but I am nothing if not resourceful), and then start throwing people under the bus, one by one. It's actually more fun than I've had in a really long time. The best part is, I do it in such a way so that it doesn't appear that I am actually tattling on people, because, as we all learned in kindergarten- no one likes a tattle tale. So, I just send an "innocent" email explaining the absolute nightmare that it has been to get a straight answer out of anyone as to why in the hell my deal is not going to close on time, and why are files getting lost, and why are addenda (addendums? addendi?) never getting sent to the bank, and why is Paige ignoring my phone calls and emails when she said she would get back to me by noon yesterday??? I just want a straight answer from someone.

This approach is still in Beta testing, but I have high hopes.. I had to give up on the bribery strategy, because there are just too many people involved in the closing process/fiasco, and it's hard to pinpoint the one person who actually might be able to push the deal through. Plus, it really irks me to have to pay people extra to do their job correctly.

I got another offer accepted today, which makes 5 that I have under contract right now, and which also pushes my stress level into the red zone. Especially since I offered to close on Monday on this one, and they ended up taking me up on my offer. This would not be problematic since I already have a cash buyer lined up, however, there are some issues to be dealt with. Here's how the phone call went today between me and my buyer.....

.....................................................................................

Me: Hey Jim, I can get that property on Sitka to you for 27k. You interested?

Jim: Heck yeah.

Me: Well, it needs to close by Monday, and I know you like to use your title company, but I'd feel much better using mine because I know they can get it done in less than a week, so how about we split the closing costs (I normally make my buyers pay all closing costs on the second transaction), and we close at my title company?

Jim: Well, that's fine, except I don't have an ID.

Me: Huh?

Jim: Yeah, I don't have an ID. I've been doing deals at my title company for so many years and they will notarize my documents without my ID. Is that going to be a problem.

Me: You don't even have a state ID or anything?

Jim: Nope.

Me: Uhhhhhhh, let me call my title company and see what the say......

..................................................................................................................................................................

So, I call my title company and explain, and they, of course can not do the closing without an ID from him, because the docs have to be notarized, but they say they can do all of the title work, and then just send it to his title company and have them do a courtesy closing, and sign the docs there and wire the money to my title company, who would then wire it to the bank's title company. Lost yet?

This sounded good for awhile, but I can't even imagine having to add a 3rd title company into the mix, so I called and talked to the attorney who owns my buyer's title company, and he said they would do a simultaneous closing (using my buyer's funds to fund both deals) as long as there was full disclosure to my buyer (there is ). S0000000000, long story long, it looks like we are closing at his title company, and I just KNOW it is going to be a really good time. Should make for some great blog fodder, anyway.

Well, now I have 4 deals that are supposed to close by the end of next week, and I think we should all take bets on how many actually close. I've got my money on one. One out of four- that sounds about right.

10-4. Over and out.

P.S.
In case you're wondering why my buyer doesn't just go out and get an ID, well, I'm just guessing that he can't, and I don't really want to know why.

12/8/2008

Well, what can I say? Phoenix was AWESOME. I can't even tell you how lucky I am to be a part of the mastermind group that I am in. There is an amazing cast of characters that belong to it, and I have learned so much from all of them already. We crammed so much into the 3 days we were there, and I left feeling more motivated and positive than I have in a really long time. I set some new goals for myself to achieve before our next get-together, and let me just tell you, the consequence for not achieving them is something that I can not let happen..... So, needless to say, I've got some work to do over the next few months..

I ended up getting another offer accepted while I was in Phoenix (right after I landed, actually). I already had a buyer lined up for this while I was countering with the bank, so that's good news.

I have another REO-title-company-disaster in the works right now. (Yaaay!) So that makes two. Both deals are supposed to close on the 19th of this month. One of them is the one that was supposed to close last month where they forgot to get the addendum signed. The other is one I got accepted about a month ago, and the bank's title company lost the file or something, and no one knows what the hell is going on, and no one really cares, either- well, except for me and my buyer. That's pretty much the status of the other one, too. I am SO, SO, SO, SO, SO, SO, SICK of dealing with these incompetent, effing, morons. Seriously, I am just FED. UP. It's like I have to do the job of 4 other people if I want to get a deal to close in a somewhat reasonable amount of time. It's so frustrating. I probably spent 3 hours on the phone today trying to get in contact with someone who knew what the heck was going on, and I still got nowhere.

The one that I got accepted in Phoenix is also supposed to close on the 19th, but I highly doubt they will be able to pull it off. It would be nice to close all 3 in one day, and then a few days later head home for Christmas. Is that too much to ask, I wonder?? Can I request a Christmas Miracle??? Please?

I have a few other offers out there that I might be getting accepted this week, and then I still have to sell the one that I got accepted the day before I left. I have an entire 30 days to sell that one, and I'm making at least 10k on it, come hell or high freaking water.

And now I'm off to bed.

Adios.

12/4/2008

Gosh, lots to write about- and I still have to pack for Phoenix, clean my condo, and figure out how I'm getting to the airport....

Well, lets see.....the deal that was supposed to close Tuesday where they forgot to get the addendum signed......that has turned into the biggest circus that I have ever seen. I'm not kidding you. I really, truly, have never seen a bigger mess before in any of the deals I've done....The contract expires on this deal tomorrow, and the asset management company still does not know what is going on. I will explain it in more detail when I get back, but just trust me when I tell you this has turned into one ginormous fiasco. It's almost kind of funny, except for the fact that my paycheck is once again at the mercy of a bunch of bumbling idiots.

I finally gave up on the property where the asset manager disappeared... the last counter I received from them was Monday, so I just figured it was a dead deal and I had lost it to someone else. Well, I got an email from the listing agent at around 4pm today telling me they accepted my offer!! They didn't even counter back, they just took my offer of 24.5k. This is phenomenal news, as I'm pretty confident I can make 10k on this one. Woohoo! My favorite part of this deal is that the listing agent was too lazy to check the mls history on this house (or actually walk through the house and look at it), so it is listed on the mls as a 2/1 (that's what it says in the tax records, which are often incorrect), when it is really a 3/2. Hahahahaha. Nothing makes me happier than capitalizing on other people's laziness. Really.

I also am probably going to get another one accepted tomorrow. We've been going back and forth on this one for a few days and are now only 4k apart. The listing agent told me he's pretty sure he can push it through, so hopefully I will get a confirmation tomorrow. I already have a buyer for this one if I get it (he's the buyer for the deal that fell through on Wednesday where the bank screwed us over and sold to someone else).

I have more to write about, but it is 1am, and I need to get at least a few hours of sleep- my flight leaves at 6am, and I always like to get there extra early, just in case.

Have a fantastic weekend y'all........I'll be back Monday with tales from the Flip Vip's trip.

P.S.
I hijacked the title to this post from Vanilla Sky. In case you were wondering.

12/3/2008

This is really unbelievable.

Just lost another deal.

This is the one where I said I knew it would never close because the guy who I am working the deal with and I are cursed. All of our deals that we try to work together always fall apart.

This one, though, I think is my favorite.

This one was supposed to close on the 24th of last month, and we have been waiting for the bank to sign an extension. Well, they just came back today and said they are not signing it because they are selling this house to someone else as part of a package deal. WHAT THE FUCK? You've GOT TO BE KIDDING ME.

Now I get to call my new buyer and try to explain this to him, and he is not going to be happy.

I am so ticked off right now I feel like punching someone in the face. Preferably an asset manger/ bank title agent/ etc.