Deals, Dogs, and Busted Computers

Saturday, March 27, 2010

Hi Everybody- hope you are having a delightful weekend!

I had planned on posting a Reader Mail video tonight, but my Sony Vaio that is just a little over a year old is BUSTED.  WOOHOO!  Thankfully the 1 year warranty recently expired, which is extra awesome.

It all started Wednesday evening while I was trying to write my weekly article for the BiggerPockets blog.  Fortunately for me I didn’t save my work as I was writing, and then my POS Vaio decided to lose power for no apparent reason, and so I lost everything.  It’s gotten progressively worse since then.

I’ll spare you all the gory details, but bottom line is that I’m sans laptop for the time being.  Thankfully, there’s a business center on the 8th floor of the building I live in, so that’s a good thing.

I do have some good news about the land deal that Murphy and I are working on- the title came back clear on all 3 parcels!  The seller has already signed off on everything, and now we are just waiting on a signed contract back from the guys up North.  They’ve had the paperwork since Monday, so I’m a wee bit concerned that they haven’t gotten it back to us yet.  Murphy talked to them on Friday and they said they are having their atty (the dreaded A word), look everything over and they will have the executed docs back to our title company this coming Monday.

It’s probably nothing to worry about, but you just never know.  I’ve had deals fall apart at the closing table, so I don’t ever count my chickens (or Benjamins, in this case), until they are sitting happily in my bank account. icon smile Deals, Dogs, and Busted Computers

Other than that, I’ve got that other REO deal that I’m working on with one of my buddies, which should hopefully be ready to go this coming week or next.  Technically, the bank has until the 15th of next month to close, but last I heard, the lady at the bank’s title co said everything will be ready before then.  Famous last words.

What else?

 Oh, This morning  I went out to an event at Pet Smart on the  Humane Society’s MAC (Mobile Adoption Center), and found homes for three doggies!  The dog I was in charge of (Ellie Mae), didn’t end up getting adopted, but she almost came home with me. icon smile Deals, Dogs, and Busted Computers   If anyone in the Tampa area is reading this and is looking for a sweet little doggie (who got kicked to the curb because her owners got divorced and didn’t want her anymore), Ellie Mae is back at the shelter and ready to be adopted!  (She’s even cuter in person, btw).  icon wink Deals, Dogs, and Busted Computers

Ellie Deals, Dogs, and Busted Computers

 Have a great weekend Everybody!

19 Responses to Deals, Dogs, and Busted Computers

  1. On March 27, 2010 at 8:10pm, Build Bankroll said...

    The land deal sounds like an awesome one. Are the Buyer’s going to know your margin? I think I know the answer, but did you try to counter the Buyer at all? It would be so tempting…
    .-= Build Bankroll´s last blog ..Too busy to blog? =-.

    • On March 28, 2010 at 6:06am, Stephani said...

      We’re doing a double close so they won’t know until they see the HUD.

      We didn’t counter their offer at all, it was tempting, but we figured we might as well take the money and run. :)

  2. On March 27, 2010 at 9:07pm, Owen McGab Enaohwo said...

    Hi,
    what do you use to automate your offers to REO listing agents? Please advice

    thanks
    .-= Owen McGab Enaohwo´s last blog ..Take a dose of the Short Sale pill from your local Realtor to relieve your Mortgage payment Headaches =-.

    • On March 28, 2010 at 6:06am, Stephani said...

      I just scan and email them to the listing agent. Takes about 15 minutes per offer.

  3. On March 27, 2010 at 11:17pm, Chris said...

    Good luck on the land deal Steph! Great articles on Bigger Pockets.

    • On March 28, 2010 at 6:07am, Stephani said...

      Thanks Chris.

      Hope all is well with you. :)

  4. On March 28, 2010 at 6:20am, Carey_PA said...

    Well Steph I hope everything works out with your deals. Btw, you rock for doing the Pet Smart thang.

    My mom does that often to get kittens adopted (apparently they always find her at her house lol)

    I hope adorable Ellie Mae gets a loving home soon. My cat Blade, the all black one….I found him (well he found me but that’s a different story) while I was showing a house to a client one day. Apparently his owners at the time had moved and they took the dog and kicked Blade out of the house. Poor lil guy.

    I think we’ve had this conversation before….but I feel that people that really care about animals and take care of them….are the types of people that you just know that they are good peeps. Keep up the good work!
    .-= Carey_PA´s last blog ..Finding Private Money Lenders =-.

    • On March 28, 2010 at 6:36am, Stephani said...

      Hey Carey,

      Yeah- my pets have all been strays, too- they find me when I am running low. :)

      One of these days I’m going to own a huge ranch where I can take a whole bunch of them in and just let them roam and be happy.

      You should look into volunteering at your Humane Society- I bet you would really like it. There’s no set amount of hours you have to work or anything like that, you can just go in whenever you have some extra time.

      Hope you are doing well. :)

  5. On March 28, 2010 at 11:28am, Matt K said...

    Steph,

    Sorry to hear about the computer. You know they build them to die just after the warranty expires!!!
    .-= Matt K´s last blog ..Historic Home Rehab =-.

    • On March 28, 2010 at 11:43am, Stephani said...

      Bastards.

      ;)

  6. On March 28, 2010 at 3:51pm, Tom Tarrant said...

    PC? I pegged you for a MAC girl.
    .-= Tom Tarrant´s last blog ..Post framing walkthrough ~ Target House =-.

    • On March 29, 2010 at 4:34am, Stephani said...

      That’s funny- you’re the 2nd person who has said that. :)

  7. On March 28, 2010 at 8:28pm, Dave Peniuk said...

    I would totally take Ellie Mae home … she is so cute.
    Sorry about your computer … this computer has screen flashes … you know like a tv that isn’t quite tuned in … and I have a feeling it’s just over the 1 year warranty. And by the way … this is Julie writing on Dave’s laptop… I am just too lazy to take his name and stuff out of the box. :)

    • On March 29, 2010 at 4:37am, Stephani said...

      Hi Dave/Julie,

      I can probably arrange to have Ellie Mae transported up to you. She get’s along well with other dogs, and I’m sure Bram would LOVE her! :)

  8. On March 29, 2010 at 7:56am, Mat said...

    Steph,
    I know you are all into the REO’s but I never knew you were into Motivated Seller (Divorce/Probate) Doggie Flipping :)

    All joking aside, that sounds awesome, it’s great that you can still find time to give back. Our little girl Bailie happens to be a rescue dog as well.

    • On March 29, 2010 at 8:42am, Stephani said...

      Rescue dogs are the best. I would have 100 of them if I had the space.

      One day I will. :)

  9. On April 07, 2010 at 9:13pm, John said...

    Hi Steph, can you recommend any Title Companies in Tampa that will do Double-Closings? Thanks in advance.

    John

  10. On April 09, 2010 at 11:42am, Joel said...

    Stephani,
    Thanks for the great words of wisdom, Oh great OZ I have but another question. What if I have found two houses I have tracked what is going on with them as there is no forsale sign etc. I found out through the county they are in that Lawyers are the one who are dealing with the propery at this point. More to my question do I bother trying to wholesale these with the lawyers and does the way I do things change for wholesaling? this is the first time I have come accross this type of thing.

    Thanks once agine.
    Joel.