3/5/09
It's going to be a good month.
I got another deal signed with Lee on Tuesday. It will be a small payday, but I have roughly 1 hour of work (went to look at the house, and then made one phone call) into the deal, so I'll take the money and run.
I've been keeping up with my crazy low offers. I'm looking for a grand slam here in the very near future. My plan is to JV on deals with a few of my wholesaler friends for the smaller profits, and only take on my own deals if the spread is huge. I learned my lesson on the house I lost money on.... No more skinny deals for me.
Joelle from Moxie Design Studios finally contacted me this week and is ready to start working on my new site, so I've been busy getting all of my ideas together and trying to get a better idea of how I want it to look. I'm really excited to give this blog a face lift.
I'm on a mission this week to find a few new buyers, so I'm heading out today to harass some landlords and do some investigative work. I've got a nice, healthy list of the recent cash sales from the mls, and will be paying a visit to some of these investors today. :)
And that's all I've got for now...
Adiós amigos!
Thursday, March 5, 2009
Stuff
Posted by
Steph
at
9:14:00 AM
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Labels: flip reo, flip reo flipping bank owned properties, flip reos, how to flip reo, how to wholesale REO's, joint venturing on deals, REO wholesaling
Tuesday, March 3, 2009
It's On!
3/3/2009
I'm seriously ready to do some damage this month!
Since my trip to CR, I feel refreshed, motivated, and ready to knock this year out of the ballpark.
Being a student of Steve Cook, one of things that he really pushes all of us to do is to have a vision of what we want our lives to look like. He encourages us to work diligently on our vision, and has been telling me for the last year, that once I get clear on exactly what I want my life to look like, things will just start to fall into place. One of my challenges that I set for myself to accomplish before our next Flip Vips retreat in April, was to really work on my vision, because up until recently, I had kind of blown this off. I've been spending a lot of time this year writing out my goals, and I can tell you it makes a huge difference when you get it all out on paper and start to really focus on what it is that you want. It's much easier to get where you want to be if you know exactly where you're going, you know? I know that may sound cliché , but it's true. For the last month or so, I've been working on my vision- short term and long term, and I've been forcing myself to review my goals first thing in the morning, and right before I go to bed. I've tried to do this before, but it usually only lasts a week or so, and then I stop doing it. This time (with the help of an accountability partner), I've managed to stick to it every single day, and it has already made a HUGE impact on my focus and productivity. I haven't ever felt this focused and in control. Ever. Needless to say, it's a really good feeling..
On to real estate...
The deal that I got under contract right before I left for CR is officially sold. Lee got the contract and deposit locked up yesterday afternoon. I think he ended up selling it for 31k, and I have it under contract for 22k, so that is good news.
Yesterday I went and looked at 5 houses, but didn't get a chance to put any offers in, so that's what I'll be doing as soon as I'm done writing this post. After that, I'm heading out to look at 3 more houses that I'll be offering on later today, and am also going to put some signs out for a few properties that my buddies have under contract. Need to get my phone ringing again.
That's about all I've got for now. I've got a busy day ahead of me, so I gotta run....
P.S.
Jessi- good luck with your deal today. :)
Posted by
Steph
at
7:44:00 AM
10
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Labels: flip reo, flip reos, how to flip an REO, how to flip REO's, how to wholesale REO's, reo flipping
