It’s been awhile since I posted a Reader Mail video, so I thought I would whip one up for the holiday weekend. This time around I explain how to avoid dealing with moronic title companies who have no clue what wholesaling is.
Check it out…
If you have questions about the video, leave them below in the comments and I’ll be happy to answer!
Alrighty then, that’s all I’ve got for now…
Happy Labor Day Weekend guys!
P.S.
When I was bedridden and all hopped up on pain pills a few weeks ago, I was surfing the net and came across this website where you can upload a picture of yourself and it will show you what you’ll look like in 20 years.
I was totally unprepared for the disturbing results I got when I uploaded my photo…
WTF?
I guess if I ever plan on settling down and getting hitched, I’d better hurry the hell up and do it before I turn into a Cavewoman/Neanderthal.
Or I could always relocate to The Planet Of The Apes, where I’m sure I’d be a hot commodity….
If you guys have a spare second, do me a favor and upload a picture of yourself here. I’d like to know if anyone else is going to look like an ape in 20 years, or if it’s just me.
P.P.S.
On that same site, you can also see what you’d look like in 20 years if you were a drug addict.
I was afraid to try that option.
UPDATE:
My curiosity got the best of me and I just found out what I’ll look like in 20 years if I don’t lay off the meth….
Well, I picked up my 2k check from my first flip this last Friday. I still can’t believe how easy the whole process was from beginning to end. I guess after doing a nightmare rehab, anything seems easy. Also, I think the fact that the guy I flipped the contract to was an experienced investor helped out tremendously. The closing took place at the title company he uses. They are investor friendly, and everything went smoothly. I will be using them for my next deal.
I am meeting for lunch with my realtor tomorrow. I want to go into more detail with him about what my investing strategy is. I am also putting in an offer on one of his listings. I actually met him about a month ago while I was looking at this particular property. He called me today letting me know the seller had just reduced the price again and is very motivated. The list price now is 229k OBO. Comps around 260k. Doesn’t need any repairs. Going to offer 177k.
I have been getting a great response from the postcards I have been sending out. They are the same cards I have been sending out for the last few years, but I have never had such a good response. I’m sure it has to do with the slow market here. Most of the calls are from people still living in la-la land thinking they are going to get the price they were asking 6 months ago.
My goal is to have another house under contract to flip by this time next month. It would also be nice to get a contract on the townhouse I’m living in that I rehabbed, but I’m not holding my breath
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