Flip This Wholesaler

7/15/2008

The deal that was supposed to close last Monday, then Wednesday, then yesterday, funded today, so it’s officially closed, finally. One of the wholesalers that I met about a month ago and who I have become fast friends with, is the one who brought me the buyer on this deal, and the deal that closed Friday was one that he had under contract and I brought him the buyer…. Soooooo…… we decided to head out to the beach to celebrate closing our first 2 deals together. We had a good time….

Meet Dave.

Rain in the distance…

Peace.

Everything is on track for the two deals that are supposed to close next week. Spoke to my new buyer today (I will refer to him as McHotterson from here on out), and he is ready to close early if possible, and, since my title company is handling the closing, we should definitely be able to get it done early. He also asked me to find him another deal before the beginning of next month, which, as you can imagine, was music to my ears. Sweet, delicious music……

5/26/2008

Hopefully everyone is enjoying the holiday.. I had plans of working this weekend, but it hasn’t really worked out that way. Unless you consider drinking margaritas working.. Hehe.

My friend Eli, who is one of my favorite people in the whole world, called me Friday night to let me know he was back in town. He just graduated from vet school and is doing his internship here in Tampa. We used to work together at Howl at the Moon many moons ago (hehe), and have kept in touch ever since. We went to the Hub for cocktails Friday night, and ended up drinking beer and catching up on my patio until 6am. Haven’t done that in awhile..

We went rollerblading on Bayshore bright and early this morning, and I’m pleased to announce that I totally busted my ass (I’m not good at stopping) in front of God and everyone. It was funny at the time, but I re-screwed up my back and it is really killing me right now. Ouch. We’re heading out to Sloppy Joe’s in a little bit, where another friend of mine who also worked at Howl is bartending. Should be a good time. It’s like a Howl at the Moon reunion..

I told one of my buyers about one of the pocket listings that I got last week, and he went out and checked it out today (he was out of town until this morning). He said he would take it at 60k, and my offer is 50k. Hopefully I can get it wrapped up before it hits the mls, because I have no chance once it does. Keeping my fingers crossed.

The guy with the NY buyers cancelled our lunch appt at the last minute, but I’m meeting him at his office tomorrow to chat.

OK, gotta run, the margaritas, they’re a callin’ my name…..

P.S.
I’m way behind on my emails, so if anyone sent me one recently, I promise I will get back to you very soon. Sorry…..

4/18/2008

Well, one of the REO deals I had going (the one where the listing agent forgot to send the contract to the title co. until 4 days before the closing, and who also told me to get a cashier’s check for escrow made out to the wrong company, and then the title company FedExed the check back to the wrong address and someone else signed for it, and it was MIA for 5 days….. you know- THAT one.. ) Well, anyway it closed yesterday! Woohoo! My first simultaneous close in the books. I got a call from the listing agent at 4:45 while I was on my way to the closing letting me know that the HUD was effed up. Hahaha. Shocking. It had something to do with the commission, but we got it figured out without having to get the title company to make a new HUD (which would have taken at least 3 weeks). What a pain in the ass this deal was, but at least it’s OVER.

Now I’m stressing out over the other deal that is supposed to close Monday. The buyer sent me a text yesterday asking if we were still closing on time, and I sent him back a text telling him I was trying to get it done on time, but didn’t know if the title company could do it by Monday. We’ve already extended the contract once, and I can tell he’s kinda getting pissed…. So, the lady from the bank’s title co. sent me an email earlier today letting me know that we could close it on Tuesday (the contract expires Monday).

I called my buyer to see if that was OK, and I haven’t heard back from him yet. It’s not like him to not return my call, so, naturally, I’m imagining the worst case scenario- either he’s dead, or he had a last minute change of mind, and is just going to bail.

If he doesn’t call back by tomorrow afternoon, I’m going to go into full-on panic mode. I have been harassing the listing agent and the people at the title co. for the last two weeks to get this thing closed ASAP. I can not even imagine not being able to close this on Monday, if they are ready. I will be exploring options B, C, D, and E if I don’t hear back from him by noon tomorrow. Hopefully, I am just over reacting, though. Wouldn’t be the first time….

Yesterday, I had the pleasure of meeting Deborah, who drove all the way up here from Venice to discuss working together. She’s a newly licensed broker in FL, and I foresee us making a lot of money together….

And then John came over to celebrate the deal I just closed…….

Also, we decided that we are using the proceeds from the commission of this deal (he’s my buyer’s agent, if I haven’t mentioned it before), to book flights to Costa Rica!! I can’t freaking wait to go! My friend who moved down there last fall gave me the go ahead to come down anytime…. There’s a small chance that once I get there, I won’t come back, but I guess I’ll ride that wave once I get to it (hehehehe).

4/12/2008

Man, it was a great weekend hanging out with the Flip Vips!

Aside from the fact that I had a great time these past few days, I also had the chance to hang out with a group of people who, all in their own way, inspire the heck out of me.

In an industry where there are more shysters and egomaniacs than you can shake a stick at, it was like a breath of fresh air to be in the presence of a group of investors who actually give a shit about the things in life that go beyond the superficial….

Although I took many pictures over the weekend, there were a few choice shots that I missed- for example, I definitely should have had the camera out as Jerry (NJ) walked out of Tampa International Airport on Friday, sans luggage….. My first thought was that the airline lost his luggage, but as I soon found out, Jerry actually forgot his luggage back home in Jersey (outside of his house) . Hehehehe. Well, played Jerry- well played. We’re never gonna let you live that one down…

(Jerry on the balcony, wearing his entire vacation wardrobe)

I also should have had the camera out when my dog Jim, who was visiting for the weekend, decided that he wanted to make sweet love to Law’s leg….. I did, however, get this shot of the two lovebirds……

Hehehehe

Saturday, before we went to Busch Gardens, we had lunch at Beef O’Brady’s…….

JP, strikin’ a pose…

Tim Callahan, also, strikin’ a pose

Nate and Jenn Andree


Bob and Amy Norton

Me, Steve Cook, and his son Christopher

Bill and Misty Guerra…. (JP in the background,
pondering catchy domain names)

Shaun McCloskey, looking ready to tackle a short sale..
(JP in the background, still, pondering catchy domain names)….

Jerry (missing his luggage)


Law (missing Jim)

And then it was off to Busch Gardens……


Say Cheeeese..

I’m sending this one to GQ

Tim, Jerry, and Bob (aka: The Trash Can Mafia)


If any of you guys who were here over the weekend are reading this- thanks for a great time! It was a pleasure getting to spend time with all of you…. Now, let’s all go kick some ass!!