Flip This Wholesaler

7/2/2008

I can’t sleep. So, I figured I’d write.

Let’s see, the computer guy came out bright and early and I was back online by 9am. Apparently the person who lives in the condo next to me was supposed to have their service disconnected, but the guy accidentally disconnected mine instead. So, that’s good news. I was expecting something much worse..

I went and looked at 5 houses today, and discovered new and exciting parts of the hood that I never knew existed. If my camera wasn’t broken, I could have taken some great pics today to post on here- like the Texas Chain Saw Massacre House (it was more of a shack than a house, though, from what I could tell), that had so much garbage around it that you honestly could not even see the actual structure. There was garbage everywhere, along with huge posters of Barack Obama EVERYWHERE. There was also a HUGE banner tied from one tree to another that read: “Revolution or Obama- 3rd Option: Adopt More Slavery.” I’m still a little unsure of what exactly that means. I can not even imagine the code violations that this property has against it. One of the properties on my list was right next to this place, and I’m thinking they are gonna have a really, really hard time selling it with a junkyard next door. I didn’t even offer it- that’s how bad it was….

I’m still impatiently awaiting the new asset manager to sign off on the paperwork for the deal that was supposed to close last month. What a joke. The listing agent said that this particular asset manager usually takes at least 3 days to respond to anything or anyone…. I wonder how long it would take her to respond if I set her house on fire? Hehe.

The deal that I closed on with Nathan a few weeks ago is set to close this coming Monday. The buyer’s hard money is good to go, so I don’t anticipate any problems (famous last words). I have a backup offer if for some reason it does go south, so I’m not too worried about it (again, famous last words).

The third deal I just signed up is supposed to close on the 25th of this month, and the buyer is my favorite buyer who is rock solid, so, unless, the bank screws it up, I don’t see any problems with that one either…… Oh, speaking of the bank screwing things up- I was talking to a friend of mine today who has a deal that was supposed to close tomorrow where he was going to make 10k. Instead of getting the closing docs from the title company today, he got a phone call saying they effed up the foreclosure somehow, and now have to start the process all over again. Good times!

Well, it’s 2am. I guess I should try to sleep….