Flip This Wholesaler

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)