Flip This Wholesaler

So it’s been quite the busy/productive December so far over here at Flip This Wholesaler HQ.

I managed to put a deal together last week with one of my wholesaler buddies (W00t!).  It’s not a home run by any means, but I only have an hour or so into the deal and I’m making a few grand, so I’m happy.   I ended up bringing the buyer to the table on this one.  I’ll give you three guesses how this buyer found out about the deal….

#1) Handwritten Sign

#2) Handwritten Sign

#3) Handwritten Sign

If you guessed handwritten sign, you would be correct.

I actually have a picture of the exact sign that my buyer saw- she pointed it out to me as we were on our way out of the neighborhood to go to Amscot and make copies of the contract and deposit.

Here it is…..

I wasn’t even going to put any signs out at all for this property, as it is priced a little high for the area, and I figured it would be a waste of time.   Turns out this lady was the only phone call that came in from this batch of signs, and she ended up buying the deal.  Nice.  She’s also looking to pick up another property in the area ASAP, so I’m on a mission to find her another one before the year is up.

This deal is supposed to close next week, and the bank is actually using a local title company that doesn’t suck, so we won’t have to deal with the hacks over at Watson title.  So that’s a good thing.

What else?

I got two really nice counter offers Friday afternoon from REOs that I offered on earlier in the week.  I’m going to counter back first thing this morning and hope that I get at least one of them under contract before someone else beats me to the punch…

As I mentioned in a prior post, I set a goal of finding 20 new buyers to add my list, and I accomplished that over the weekend (woohoo!), so now I’m just going to hit up the MLS and start making offers like a crazy person.  There are still almost 4 weeks left in 2009, and I plan on taking full advantage of every single day.  And then I am going to CRUSH 2010.

Speaking of crushing it, I’ve been kicking some serious ass in the gym as well.  I’m sticking to my goal of running 84 miles before I go up North for Christmas.  Yesterday was day #9 that I’ve ran 3.5 miles, which brings my total to 31.5 miles.  9 down, 15 to go!  I’ve been marking my calendar with a big red dot every day when I get back from my run.   It helps keep me motivated.  Check it out….

December is going to be one red hot mess when I get finished with it.  Hehe.

Other than that, I’ve been spending a lot of time working on my goals for 2010.  Yesterday I spent about four hours making a “Mind Movie”, which is something that’s been on my to-do list for about 6 months now.  I already have a vision board, and a list of positive affirmations that I go through every morning and night.  A Mind Movie basically combines all of them together into a slide show of what your perfect life looks like.  Pretty cool if you’re into that kind of stuff.  I created mine for free using Windows Movie Maker, but actually hijacked the idea from a Mind Movies product that I stumbled on while I was surfing the net…

So, anywho, that’s what I’ve been up to.

Hope you all have a fantastic week!

Later Alligators.

P.S.
I got an email over the weekend from a girl who bought my Flip This REO! eBook and just closed her first deal . She’s been working her ass off for the last 2 months and just made $7300! Woohoo- congrats Meghan!!

P.P.S.
If you have a success story you’d like to share (doesn’t have to be from an REO deal), please send it my way. I’m going to be adding a “Success Stories” section to the blog soon and I’d love to have yours to add to it.

Happy Saturday Night, kids!

I know most of you are probably still in a turkey induced coma, but I thought I would post another Reader Mail video for you to watch once you awaken…

P.S.
The apostrophe is broken on my blog again, so the title to the post should say “You’ve Got Mail” not “You ve Got Mail.”

Stupid technology.

P.P.S.
If you like my videos and want to subscribe to my YouTube channel- go here. Then click on the yellow “Subscribe” button above the video!

Hi Guys!

Just wanted to pop in and give you all a quick update before the holiday arrives…

It’s been like Grand Central Station over here the last few days.  I have about 150-ish signs out right now, and my phone has been ringing off the hook.  I decided to change the wording on them a little bit, after reading this HILARIOUS post (read it if you have a sec, it’s really funny).

Take a look at what my new signs say….

They’ve been working extremely well, and like I said- my phone has been ringing off the hook these last few days.  My goal is to add 20 (TWENTY) new cash buyers to my buyers list by the end of the year, and at this rate, it shouldn’t be hard to do.   Aside from the deals I’m going after on the MLS myself, I have other wholesalers bringing me all kinds of good deals, so I figure I might as well take advantage of the situation, line up an arsenal of buyers, and make some easy money before the year is over, ya know?

Let’s see…..what else?

Oh, I got an email last night from the listing agent of the duplex I was talking about in my last post. I ended up getting outbid on it by another wholesaler, but it looks like they are going to back out of the deal. The agent asked if I would still be interested at my last offer price (22k).  I don’t know for sure if I’ll get it or not, but I know I have a buyer for it at 35k, so I’m keeping my fingers crossed.  I sold him another duplex earlier in the year right across the street, and he has been looking for more, so hopefully this will work out….

I’ve got another crazy day ahead of me today, and then tomorrow I’m having my brother and a few friends over to eat, drink, and be merry.  It’s the one day of the year that I actually cook (seriously), so it’s kind of a big deal for me.

And that’s about all I’ve got for now….

I hope you all have the bestest, most delicious, Thanksgiving EVER! (And hopefully your turkey doesn’t turn out like the Griswold’s. Hehehe.)

[youtube]http://www.youtube.com/watch?v=cRyvbjhzGvE[/youtube]

HAPPY THANKSGIVING EVERYBODY!!!

Hi Guys.

It’s been awhile since I’ve posted, and I have all kinds o’ stuff to talk about, so grab yourself a refreshing beverage and pull up a chair…

First of all, I’m happy to report that, as of Friday afternoon, I removed all of my email accounts from my Crackberry!

After two weeks of trying to limit my email checking to only twice/day, I finally came to the realization that it wasn’t going to happen if I have my Blackberry on me all the time.  And since I can’t really ditch my phone, I decided to just delete the email accounts and be done with it.  It’s kind of like how I can’t have any candy or chips or cookies in my house, even if my intent is to only have a little bit once in a while to treat myself.  What happens is, I will eat all of it in one day, no matter how hard I try not to.  So, I just don’t ever buy any of it.  Problem solved…

So, anyway, I’ve been without email on my phone all weekend, and it’s been AWESOME.  I’ve decided to check email from my computer twice daily (noon and 7pm), and so far, it’s working out just fine.  It has only been 2 days, but I’ve been much more productive without the constant distraction of that stupid red light beeping in my face and tempting me…

Oh, I also finally committed Twittercide, and this time, I’m not ever going back.  I tried my best to get to know and love Twitter, I really did, but the truth is, I think it’s stupid and I hate it.

There, I said it.  I HATE TWITTER.

I am officially a Twitter Quitter.  Hehe.

Moving on to the real estate front….

I spent the weekend putting out signs (my sign guy seems to have disappeared into thin air), looking at houses, and looking for new buyers.  I was out the door at the crack o’ 7am both today and yesterday.  I put out 50 signs total- 30 on Saturday, and 20 today.

I had only planned on putting 30 out, but since I didn’t get one single phone call on Saturday (which I thought was very odd),  I got pissed and decided to go back and put out 20 more today.   After driving around for a little while this morning, I soon solved the mystery of why my phone hadn’t been ringing the day before….some asshole thought it would be a good idea to pull all of my signs up and toss them on the ground.

Exhibit A:

Exhibit B:

There are about 20 more Exhibits, but I think you get the picture.

Good times.

I’m about 99% sure it was another wholesaler who did it- perhaps the one who has signs out all over the place advertising a 3/1 block for 49k (mine is a 3/1 block for 42k).  Probably has a little bit of deal hate going on…

So anyway, after I finished replacing my signs, I spent a good part of the day today hunting down some of the cash buyers that have recently bought properties off of the MLS.  I did an MLS search last night and came up with 15 cash investor sales in the last 30 days in the zip code that I am working in.  I drove by all of the houses today, and ended up getting 7 numbers from For Sale or For Rent signs that were in the front yards.  Not bad.  I’ll give them all a call in the morning, and let you know how it shakes out…

Other than that, I’ve been busy making offers and working on deals with some of the other wholesalers I know.  I got a counter back from the bank Friday on a duplex that just came back on the market.  It’s a nightmare inside and it’s on a not so good street, but I have a buyer who loves him some duplexes in the hood, and I’m pretty sure he’d take this one if I can get them down a wee bit more…

OK, I have some other stuff to talk about, but I will save it for the next post since this one is turning into a novella.

Adios Amigos!

P.S.
In case any of you are wondering why there are no apostrophes in the title to this post- for some reason, they just don’t show up. No idea why. Just an FYI for those who may be thinking I don’t know how to spel.  Hehe.

Ahhh, it feels nice to be back in the swing of things..

I kind of fell off the face of the Earth over the last few months- locked away in my condo working on the new blog, and then the eBook.

I was a little apprehensive about jumping back in, but as it turns out, it’s just like riding a bike..

I spent the last few days touching base with all of my buyers, and also all of my wholesaler buddies.  Turns out my buyers are still buying, and my wholesaler buddies are still wholesaling, so I’m back in business..

Murphy called me last night at around 10pm to let me know about a great REO deal he just got under contract.  The property went to highest and best, and the agent sent him an email last night letting him know where he needed to be to get it (those damn dirty agents!).

This house is in an area that one of my favorite buyers likes, so I sent him the info on it last night, and he’s going out to look at it today.  I should have an offer from him before the day is over.  There’s not a ton of room on the deal, but if I can make a quick 3 grand for sending out an email, I’ll take it and run.  Rinse and repeat, rinse and repeat..

I’ve got a list of properties to look at today, and also a list of potential buyers that I will be stalking…

Gotta run- later Alligators!