Flip This Wholesaler

5/13/09

In case you hadn’t heard, Preston Ely and my friend Lee Kearney are rolling out their REO Rockstar training today..

I don’t pimp too many products on my blog- only those that are being sold by people I know and respect, or those that I have purchased myself and give my stamp of approval to.

I get emails all the time asking for recommendations on courses that teach how to wholesale REOs, and up until now, I haven’t been able to find any that I would feel comfortable recommending.

I’ll just be blunt here and say that if you are interested in learning how to wholesale REOs, you would be crazy not to sign up for this training.

That’s the honest truth.  I don’t know of another wholesaler in Tampa (or anywhere for that matter), who is wholesaling more REOs than Lee Kearney is.    Last time I talked to him, he had 14 REO wholesale deals closing  THIS MONTH.

I met Lee when I was first getting started wholesaling, and he has been somewhat of a mentor to me since then. He’s the first person I call when I have questions about a deal…. the first person I call when I can’t find a buyer for one of my deals…..the first person I call when I think I might have offered too much on a house and now the bank has countered me back and I’m not sure what to do. Lee is the guy I go to.

I’ve talked with him at length about this training, and I am telling you, if you want to be walked through the process of wholesaling REOs from beginning to end, then you absolutely need to get in on this training.

There’s a lot of crap being peddled out there on the internets, but this is the real deal. I don’t know of anyone who is doing more business wholesaling REOs right now in this market. You could not pick a better person to learn from.

He’s doing a webinar tonight at 9pm to answer questions and give you a little more insight into what he is going to be offering in this course. He’s shutting the admissions down at midnight tonight (sorry for the late notice), so if you’re interested, make sure you get in by then.

I’ll also be listening in on the call..

See you there!

P.S.

If you can’t swing the homestudy course, you can get the REO Rockstar ebook here.  It’s only $47!

4/18/09

Things are pretty good in Steph Land right now.

So good, that I’m afraid I’m going to get hit by a bus or something next time I leave my house.

I ended up getting two more deals locked up over the last couple of days, which brings my grand total to FIVE…2 of the deals I’m working with Murphy, 2 of them with Lee, and one of them with the guy who gets deals before they hit the mls. And I still have almost 2 weeks before the end of the month to rack up a few more.

On top of that, I have about 10 cash buyers actively looking for deals, and from what I understand, the second wave of REOs is on it’s way. I’ve talked to a few of the agents around town, and they all seem to agree that Tampa is going to get pummeled with inventory in the very near future.

It’s like a perfect storm for an REO wholesaler, and let me tell you, I am ready to do some damage.

Have a great weekend, Blogosphere!

P.S.
For those who have been asking for recommendations on REO wholesaling courses, your wait is just about over. My buddy Lee Kearney is about to release the REO Rockstar ebook, and REO Rockstar course,  that is going to knock your socks off! Stay tuned…

P.P.S.
This picture has no relevance to the post. I just think it’s funny.

1/15/2009

Well, I now have 4 deals going, and have 3 of them sold! The only one I have left to sell is the one I just got accepted Tuesday at 16k, and I can sell that one in my sleep. I offered to close this one in 10 days, but the bank set the closing date for Feb. 10th, which is an ETERNITY in my world, so I am going to take my time selling this one, and am going to hold out for top dollar. I think I can get 23k easily for this house. It only needs flooring, and an ac condenser to be ready to rent, and it will easily rent for $600-$650.

One of the deals I put together yesterday is with my friend Lee (aka the REO Rockstar) who beat me to the punch on a house that just popped on the market at a ridiculously good price. It is a totally remodeled 3/2, and it came on the market at 23k. I was at the house within 15 minutes of it being listed, and had an offer of 24k in within the hour. No contingencies, 7 day close, and I gave the listing agent both sides of the commission. And that crafty bastard beat me to it. So, we put a deal together yesterday with one of my buyers who wanted the house. Easy money on that deal…

OK, gotta run- going to put out a bunch more signs…

P.S.
If you are a Steve Cook student and didn’t get the memo today…….the doors to the Wealth Explosion Event are now open to us- don’t forget to sign up! If you aren’t already a Steve Cook student, and would like to be…..go here for more info. One of the many bonuses of being his student is that you get to attend all of his events for free…

P.P.S.
If you live in the Tampa Bay area, beware of the feces-throwing monkey! (thanks for bringing this to my attention, Dustin)