Hi Guys,
How’s your weekend shaping up so far?
I had another highly productive Saturday today. Been up since the crack o’ dawn hustlin away. Looks like I’m going to be getting a contract signed tomorrow, but I’ll save the details for later since it’s not official yet and I don’t want to jinx myself.
I just whipped up another Reader Mail video for you guys. I’m pretty sure that Windows Movie Maker is secretly reading my blog, because it didn’t act up even once this time. I guess it doesn’t want to be bashed in the face with a shovel after all. Hehe.
Anywho, hope you like the video.
Have a great weekend! 
P.S.
You can subscribe to my YouTube channel by clicking here. Just click on the yellow “subscribe” button at the top once you get there.
P.P.S.
If you haven’t picked up a copy of my eBook yet, you can click here to get it. 
P.P.P.S
Flip This Book Club is meeting here on March 8th @ 8pm- hope to see you here!
On February 27, 2010 at 8:19pm, Neil Uttamsingh said...
Steph,
Another solid video with some great intro and closing music.
Lenny is the man!
Keep up the great work.
Neil Uttamsingh´s last blog ..4 Lessons from a real estate investor Superstar
On February 28, 2010 at 12:10pm, Stephani said...
Thanks Neil.
And I concur- Lenny is the man! Not sure if you’ve ever seen him play live, but he totally rocks.
On March 01, 2010 at 8:21pm, Neil Uttamsingh said...
Steph,
Never seen Lenny live.
My last concert was JZ, next one coming up is Alicia Keys!
Neil Uttamsingh´s last blog ..Stand out from the crowd
On February 28, 2010 at 9:17am, Greg said...
Yes, excellent video. I’ve had plenty of success on my offers by waiving all inspections except the general home inspection. It’s a great escape from any contract. Sellers (banks or otherwise) are generally worried that you’ll come back and ask for more money off the price after your inspection period, so I just write into the contract that my inspections are for informational purposes only and I won’t ask them for money off the deal. This way the seller isn’t as concerned, and I still have an escape just in case my inspection turns up something disasterous.
On February 28, 2010 at 12:11pm, Stephani said...
That’s a good idea Greg, never thought of writing that in there. It definitely wouldn’t hurt.
Thanks for stopping by.
On February 28, 2010 at 2:47pm, Beth said...
Hi. I started readng your blog about two weeks aog or so. I’m learning a lot from it so far. And have a lot more to learn of course, but This is a great place to start. Thanks for putting yourself out there. Beth
Beth´s last blog ..Gardening
On February 28, 2010 at 3:28pm, Stephani said...
Hi Beth,
Glad to have you here!
Any questions you have- feel free to ask and I’ll do my best to help.
On March 01, 2010 at 7:35pm, Christy in TX said...
Thanks for the video, Steph. I’m not brave enough to leave out the inspection period yet, but I’m working my way up. One step at a time.
On March 01, 2010 at 8:14pm, Greg said...
Hello Steph, I’ve heard that you should get a RE License when making deals and gaining relationships with REO Agents. Do you have your RE License and is this true? Thank you!
On March 02, 2010 at 7:02am, Stephani said...
Hi Greg,
No, it is not necessary to have your license, but can be helpful if you have no other way to access the MLS. I never bothered to get my license because I have friends who let me use their MLS access.
It is definitely a good idea to build relationships with REO agents, but you don’t have to have your license to do so.
Hope that helps,
Steph
On March 02, 2010 at 8:46am, Matt K said...
Hi Steph,
Nice video. I’m glad Windows Movie Maker is finally cooperating with you!!
Matt K´s last blog ..Well that was Quick!! Ravenwood Finished
On March 04, 2010 at 6:48am, Chris Ranney said...
Hey Steph, great video. Keep it up
On March 04, 2010 at 6:50am, Chris Ranney said...
Another great video. I can’t think of any other word to use except that you are an “inspriration”. Appreciate it.
On March 16, 2010 at 3:08pm, Angelica said...
Hi Steph.
When you’re talking to a realtor, do you tell them your intentions to wholesale the property?
On March 16, 2010 at 5:28pm, Stephani said...
Hi Angelica,
No- I never tell them that I plan on wholesaling. It just complicates things.
Most Realtors are going to be turned off when they find out you are just going to re-market the property. You can’t really blame them since they only get paid when the deal sells, ya know?
On March 18, 2010 at 10:08am, Tony Zamberlin said...
steph,
i’ve decided to change my focus from selling other peoples deals unless they are killer deals and i can move them for like 4k markup and go after my own reo’s… Yah!!! Can u please send over your simeltaneous closing link and the one where u talked about which deals to focus on and what % below asking to offer on certain ones that are new and ones that have been on market for 6 months or more?? thanks in advance..
I think u said not to focus on new stuff and only go after stuff that has a price drop and stuff 6 months or older right? or only the older stuff ??
On March 20, 2010 at 5:51am, Stephani said...
I’m not sure where those links are- there’s a search on the site- try using that. Or look under the “videos” category. I think the simul close video is in there.
You can focus on new listings if you want, but there is usually more competition.
On March 18, 2010 at 10:13am, Tony Zamberlin said...
Here to let everyone know that the simeltaneous closing works!! Me and my partner closed an reo deal this past friday and made 3k! Got a land deal that im gonna do the same thing with next friday. lol Thanks alot Steph…
On March 18, 2010 at 10:15am, Tony Zamberlin said...
steph,
is lee kearney still doing the reo rockstar program/coaching and would he still provide 90 days of access to him?? would u even recommend going that route or just get your ebook and learn from u on here?? thanks alot
On March 20, 2010 at 5:52am, Stephani said...
Not sure about the 90 day coaching.
I recommend both courses. His is more expensive, but also more extensive.
On March 19, 2010 at 10:14pm, JIM GOULD said...
Hi Steph,
I live in beautiful Orange county Calif-in the Newport Beach area where houses get all cash offers and multiple offers and back up offers…We have some areas near by that are financially suppressed but I am having problems finding banks that will accept offers on their REOs at much lower than asking–I know you only buy in your area but it doesnt seem possible here – any suggestions???
On March 20, 2010 at 5:53am, Stephani said...
It’s pretty much that way in every market. Most offers get rejected, but some get accepted.
How many offers have you made?