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.

Hola Blogosphere!

Hope Everyone had a fantastic weekend…

I got quite a bit of work done- looked at 13 REO properties, and made 12 offers.

One of my offers was for 5k.  Hehe.  This particular house has been listed for close to two years, is a total piece of crap, and I figure the bank has got to be getting sick of it by now.  I’ve made 9 offers on this property over the course of the last two years, so maybe the tenth will be a charm?  Or maybe the idiot asset manager(s) will keep holding out for more money and continue to hang on to the property for another two years.  That sounds more logical, eh?

In other news, my buyer ended up passing on the deal I was talking about in my last post. As luck would have it, another wholesaler sent out a deal in the same neighborhood that was a little bigger and on a better street, so my buyer ending up taking that one instead.  Son of a…

The good news is, I spent the weekend marketing the crap out of this house (signs, ads on Craigslist, etc), so my phone has been ringing off the hook, and by the end of the week, I expect to have a slew of fresh new buyers added to my arsenal.  So that’s a bonus.  See how I turned lemons into lemonade?

This week I plan to keep marketing the crap out of that deal, and make as many offers as possible on REO properties.

My goal is to close 6 more deals by the end of the year, so I guess I better get moving…

Gotta run- I’m off to Starbucks for my Pumpkin Spice Latte fix..

Adios Amigos!

P.S.
If you haven’t picked up my new Flip This REO! eBook yet, now would be a great time to do so. Click here to grab yourself a copy now!

P.P.S.
That nut-job, Steve Piegari, who has been harassing me on Facebook, sent me a message this morning saying he is going to sue me. I am still laughing as I type this. Glad to see that you have a sense of humor, Steve.