Hello everyone!! How is everyones week so far? My week is great and will get better starting tomorrow when I leave work at noon for a super long weekend! We are going to may parents cottage again to hang with the family (parents/brothers/aunts/uncles/cousins/in laws/etc). My Aunt is in from Portland, OR (my moms twin sister) for a month which she does every year and her daughter is also in with her 3 kids. We saw my cousin and her kids 2 years ago so we don't see them very often. At any rate I'm excited to get over there and visit with everyone. I LOVE summer!!!!!!!!! It makes me sad that we are in August already. AUGUST! I read Steph's post about committing to something by the end of the month. I am committing to getting another house under contract. I need to head on over and post that on her blog. There are a lot of other things I want to do but that is priority right now!
What's going on with my properties? Tomorrow I am closing on the "auction house" where I'm using a private lender. That all worked out very nicely on my end and I think it was pretty painless on her end too! Nice! Do you know what's even nicer?!? I may have a buyer! Last week I sent out an email to my buyers list and 1 guy said he wanted to look at it. He went out Saturday, called me that afternoon saying he was interested but it needed work (really?!). Honestly I did not think he was interested enought to submit a contract so my husband and I made plans to pre-hab the property and put up for sale in 10 days (which we will still do if this guy does not send over the contract). We got just about everything priced and people set up to do the work over the weekend. This morning I get an email from the potential buyer:
Investor:
I took a second look today and have to run some numbers - still have some interest... when do you close? The stuff that I think needs to be done will take some time to get done and lined up so I need to see if it's feasible or not... Let me know when you have a chance.
My response:
I close tomorrow but will need to know by tomorrow morning whether you want to purchase (sorry!). I have lined up some people to start working on it and want them to start asap. If you want it though I'll sell it to you. IMO, it's a great deal.
Investor:
We have interest in the property and are willing to write an offer (not sure if you still have Michelle doing those for you or not?) If so, let me know - haven't heard back from my lender yet, but probably could close in a month. If you accept, I would like to get in there ASAP to start doing improvements/work... let me know if that'll be an issue as well.
I will not bore you with the rest but I told him I needed my full asking price and he asked about what offer to purchase contract to use, etc. So, I guess I should know tomorrow morning. Part of me wants him to buy it and part of me wants to do the pre-hab. Of course I would make more money (hopefully) with a pre-hab but getting just under $7k for doing nothing is nice too!
What else? Tomorrow I am pre-signing for the "water house" close. The actual closing is Thursday unless the attny delays it. He is a pain in the butt. A nice pain in the butt but a pain nontheless. This has already been delayed several times so I just want it CLOSED!!!!!!
My agent asked me today where I wanted to re-list the A-Hole house. I'm going to set aside my comments on this until a future date.
I found out a couple weeks ago (not sure I mentioned it here) that my renters are moving at the end of the month. Crap. My husband and I decided to sell the property if we can. I overpaid for the property as it has a lot of problems that I did not take into account for re-sale. This totally sucks. We shall see what happens but this house is a thorn in my side. First and foremost I HATE being a landlord. Some people are great at it but not me. Our renters were fantastic but this side of the real estate game is something that puts a pit in my stomach. I'll have to figure out another way to make income. I'll keep you posted!
This post is getting very long so I'm going to end it by saying I got my RE License in the mail over the weekend. Once I'm in the system I need to start making offers directly through the listing agent so they can double dip (a KISS flipping tactic). I need to tell my realtor I will not be using her for these types of transactions and I am TERRIBLE at this type of thing. Any suggestions would be fantastic.
Okay, I need to run. Have a great rest of the week/weekend!!
Tuesday, August 3, 2010
Tuesday, July 27, 2010
Craziness!
I got an email today from my realtor stating we are clear to close on the property we got under contract. Would Friday at 4pm work for me? Uhhh, no. Crazy mode... get addendum I needed for close, get insurance guy information, call attny regarding private lender forms (note, mortgage), get private lender wire instructions, etc., etc. It seems to be all or nothing in this business, at least for me! So I felt like I was in panic mode all day. I'm waiting on some information in order to forward to my attny/insurance guy but otherwise hopefully we'll close mid-next week. I sent an email to my buyers list and one guy wants to go through. Hopefully this will be a fairly quick close for us! I'm also tossing around the idea of getting the outside painted if this guy doesn't want it. I had someone go out there today for a quote but haven't heard from him yet. We'll see where it comes in.
The roof at the "water house" should be going on today. The appraiser needs to get out there again and I'm hoping he will go tomorrow afternoon. After he gets out there the bank said it should take another 4 days and then we should be able to close. Hopefully we'll be closing next week! Fingers crossed, fingers crossed, fingers crossed.....
The A-hole house contract fell apart-CRAP!! The inspector told the prospective buyer that the basement would take $30k to fix and the buyer bailed. Can't say I blame him but the inspector doesn't know sh!t. The co-owner of this house runs a basement business and he said it should only take $5k to fix (which we are going to do but he hasn't been out there yet... yep, he really wants to sell this thing, I know).
What else? Going to look at a house after work. There are about 15 I need to look at but they're all over. I should have gone this past Sunday but after a very long Friday and Saturday I took the day to chill out. It was very nice but now I'm kicking myself b/c I need to see these places.
I think that's it for now... Have a great night!
The roof at the "water house" should be going on today. The appraiser needs to get out there again and I'm hoping he will go tomorrow afternoon. After he gets out there the bank said it should take another 4 days and then we should be able to close. Hopefully we'll be closing next week! Fingers crossed, fingers crossed, fingers crossed.....
The A-hole house contract fell apart-CRAP!! The inspector told the prospective buyer that the basement would take $30k to fix and the buyer bailed. Can't say I blame him but the inspector doesn't know sh!t. The co-owner of this house runs a basement business and he said it should only take $5k to fix (which we are going to do but he hasn't been out there yet... yep, he really wants to sell this thing, I know).
What else? Going to look at a house after work. There are about 15 I need to look at but they're all over. I should have gone this past Sunday but after a very long Friday and Saturday I took the day to chill out. It was very nice but now I'm kicking myself b/c I need to see these places.
I think that's it for now... Have a great night!
Wednesday, July 21, 2010
It's been almost 3 weeks?!?!?!
It's been almost 3 weeks since my last post?! Holy crap. I'm usually good for at least one post per week, if not two! Well, I should go on vacation more often! First of all, we had a blast. It's always an awesome time when I can hang out with my kids with no other responsibilities on my plate. Soooo relaxing. The other reason I should go on vacation more often is because we got a property under contract! This one is NOT a HUD but was listed with an auction company. They did not allow any contingencies when submitting offers so it had to be cash and inspected prior to my offer. We submitted the offer one week before my vacation and we knew the following week that the bank was in the process of accepting it. Yippee! We are using a private lender to fund this transaction. This will be the first time we're using a private lender so should be interesting. However, our private lender has been through the process before so she will most likely teach me a thing or two!! Our closing is scheduled for August 17th.
We were scheduled to close on the "water house" today but it has been delayed. Urgh! The appraiser swore up and down that he would get to the house on July 5th but ended up not going through until a week later. I did not follow up with the appraiser because I thought that was the banks job since they ordered it. However, I found out that banks can no longer have any contact with the appraisers whatsoever. They order the appraisal through an online system that rotates companies and the lender never has any contact. Of course if I had known this I would have made sure he was in the house earlier. At any rate, he took pictures of the roof (which the buyer knows needs replacing) and the underwriting dept wants it replaced prior to closing. The buyer is still paying for it but now we're delayed at least 10 days. Not too big a deal but it would have been nice to get this one off my plate. The buyer reeeeaaally wants the house but he is a nervous nelly and everything gets him anxious. I just want it done! Hopefully the roofer will get out there tomorrow, the appraiser will hopefully get out early next week (I'll be calling for sure!), and then it needs to get commited through underwriting. So that's that!
We got an offer on the A-Hole house. I'm totally out of the loop but I think, if I'm lucky, I will just about break even on the house. The co-owner will make some money so that's good. I'll be glad when this one is off my plate too.
The KISS flipping seminar was cancelled... : ( I'm not really sure why? I think they only had a handful of people sign up so he is rescheduling for some time in September. I'm committed to going again and I'm really looking forward to it! I was given access to the KISS members area so I've been listening to the 4 modules on my way to/from work. They are awesome and when he explains his philosophies (on almost everything) he is stating my thoughts exactly. I think that is why I like him so much. Actually this is probably why I haven't posted in so long. I've been trying to study the mls the way he teaches. I'm trying to determine my opportunity markets. To me, it's hard. I haven't really determined mine yet. There are a couple areas I already know but nothing pops up too often in those areas and when they do I'm all over them. So I've been researching other areas. I haven't found anything all that appealing yet. I'm still searching though.
What else? Still making offers like a crazy person. Last Friday my son and I went through 8 houses (he was a trooper!) and submitted on only one right now. I'm really hoping to get this one and make it a KISS flip. The offer went in today so hopefully we'll hear something by Friday. I also submitted on 5 HUD's yesterday. One counter is getting really close so I may have my inspector go out there. Another is a property on a lake with a pier. We are still quite a bit apart but there haven't been other offers on it so I'm going to watch and keep at it!
Private Money... I have 2 more people interested in lending on my properties. Yeah! They are in the process now of moving funds to a SD IRA. Yet another reason to get another property under contract! Not to mention I still have to put my IRA funds to good use!!
Non-REI: No work-outs since before vacation and been afraid to get on the scale. See how easy it is for me to fall out of a routine!?!?! I'm going to start up again though. I'm feeling icky!
This Friday me and the girls are going to 6 Flags Great America. They are sooo excited and I'm looking forward to it too!!
Gotta run. Hope everyone has a good week/weekend and we'll talk next week!!
We were scheduled to close on the "water house" today but it has been delayed. Urgh! The appraiser swore up and down that he would get to the house on July 5th but ended up not going through until a week later. I did not follow up with the appraiser because I thought that was the banks job since they ordered it. However, I found out that banks can no longer have any contact with the appraisers whatsoever. They order the appraisal through an online system that rotates companies and the lender never has any contact. Of course if I had known this I would have made sure he was in the house earlier. At any rate, he took pictures of the roof (which the buyer knows needs replacing) and the underwriting dept wants it replaced prior to closing. The buyer is still paying for it but now we're delayed at least 10 days. Not too big a deal but it would have been nice to get this one off my plate. The buyer reeeeaaally wants the house but he is a nervous nelly and everything gets him anxious. I just want it done! Hopefully the roofer will get out there tomorrow, the appraiser will hopefully get out early next week (I'll be calling for sure!), and then it needs to get commited through underwriting. So that's that!
We got an offer on the A-Hole house. I'm totally out of the loop but I think, if I'm lucky, I will just about break even on the house. The co-owner will make some money so that's good. I'll be glad when this one is off my plate too.
The KISS flipping seminar was cancelled... : ( I'm not really sure why? I think they only had a handful of people sign up so he is rescheduling for some time in September. I'm committed to going again and I'm really looking forward to it! I was given access to the KISS members area so I've been listening to the 4 modules on my way to/from work. They are awesome and when he explains his philosophies (on almost everything) he is stating my thoughts exactly. I think that is why I like him so much. Actually this is probably why I haven't posted in so long. I've been trying to study the mls the way he teaches. I'm trying to determine my opportunity markets. To me, it's hard. I haven't really determined mine yet. There are a couple areas I already know but nothing pops up too often in those areas and when they do I'm all over them. So I've been researching other areas. I haven't found anything all that appealing yet. I'm still searching though.
What else? Still making offers like a crazy person. Last Friday my son and I went through 8 houses (he was a trooper!) and submitted on only one right now. I'm really hoping to get this one and make it a KISS flip. The offer went in today so hopefully we'll hear something by Friday. I also submitted on 5 HUD's yesterday. One counter is getting really close so I may have my inspector go out there. Another is a property on a lake with a pier. We are still quite a bit apart but there haven't been other offers on it so I'm going to watch and keep at it!
Private Money... I have 2 more people interested in lending on my properties. Yeah! They are in the process now of moving funds to a SD IRA. Yet another reason to get another property under contract! Not to mention I still have to put my IRA funds to good use!!
Non-REI: No work-outs since before vacation and been afraid to get on the scale. See how easy it is for me to fall out of a routine!?!?! I'm going to start up again though. I'm feeling icky!
This Friday me and the girls are going to 6 Flags Great America. They are sooo excited and I'm looking forward to it too!!
Gotta run. Hope everyone has a good week/weekend and we'll talk next week!!
Friday, July 2, 2010
First Seminar BOOKED!
So I just booked my first ever real estate seminar.... KISS Flipping with Bob Norton. I have been wanting to attend his bootcamp for a while and I never seemed to make time. Well, this time I am making time!! I registered for the bootcamp, reserved my flight and hotel, I'm ready to go. And, I'm a nervous wreck - ha, ha! I'm really looking forward to the event and am hoping it will give me what I need to reach my goals. Thanks Kelly for the help with the event!!!!!!!!!!!!
I was hoping to get a deal under contract this week but it just didn't happen. Wah, wah, wah... Very frustrating!! Next week I am on vacation so I will be doing very little in the REI department, although I'm sure I'll still submit HUD offers : ) There are a couple houses I wanted to view this week but it ended up being a nightmare of a week. I'll give you one example: Wednesday night our St. Bernard ripped his WHOLE NAIL out of his paw and lacerated a blood vessel. Yep, good times. I took him to the emergency vet, got him all patched up and now he's okay. He's sore but okay. I may take a morning to look at some houses since I'll be in the area but we'll see how it goes?!
Working out has been, shall we say, non-existent. Well, I did work out twice and I feel like crap for NOT working out. I'll need to get back into it after vacation!!!!
That's about it for now. Hope everyone have a WONDERFUL Forth of July!!!!!!!! Talk to you all after vacation!
I was hoping to get a deal under contract this week but it just didn't happen. Wah, wah, wah... Very frustrating!! Next week I am on vacation so I will be doing very little in the REI department, although I'm sure I'll still submit HUD offers : ) There are a couple houses I wanted to view this week but it ended up being a nightmare of a week. I'll give you one example: Wednesday night our St. Bernard ripped his WHOLE NAIL out of his paw and lacerated a blood vessel. Yep, good times. I took him to the emergency vet, got him all patched up and now he's okay. He's sore but okay. I may take a morning to look at some houses since I'll be in the area but we'll see how it goes?!
Working out has been, shall we say, non-existent. Well, I did work out twice and I feel like crap for NOT working out. I'll need to get back into it after vacation!!!!
That's about it for now. Hope everyone have a WONDERFUL Forth of July!!!!!!!! Talk to you all after vacation!
Thursday, June 24, 2010
It's been a while
Long time, no talk! Unfortunately I do not have too much to add from my last post. We closed on the "water house" last Friday, thankfully there were no delays. This weekend my buyer is going to repair some busted pipes so we can get the water on/appraiser in for his loan. One step at a time.
STILL no new properties under contract... urghhh!!! I just know something is going to pop soon but it's been a while and I'm starting to get frustrated. Of course I will not stop until I get one (which will be soon) but it is still frustrating!! : ) I've been making offers daily, looking at houses but nothing is solidifying. I know, I'll end up getting 3 under contract at once. That's usually how it works, which is A-OK with me!!
We almost had an "as is" offer on the property I co-own. You know, the "A-hole house"? Unfortunately for us that never happened. The guy was showing all the signs of writing an offer but, for whatever reason, he never did and stopped returning calls/emails. Crap! Oh well, back to sprucing it up a little.
That's really it for real estate related stuff. It's been pretty quiet since my last post.
Insanity update: I took my measurements last weekend and did not lose as much as I thought. It was a total of 4 pounds and 3.5 inches. I'm still working out daily, well this week is off a bit b/c I'm on the early, early shift and getting up at 3:45am to work out is too much for me. I definately can feel/see a change so I'm not stopping until I get to my goal. It is just taking a little longer than I anticipated!! Oh well, I will get there.
Heading back to work.... Hope everyone has a great weekend!
STILL no new properties under contract... urghhh!!! I just know something is going to pop soon but it's been a while and I'm starting to get frustrated. Of course I will not stop until I get one (which will be soon) but it is still frustrating!! : ) I've been making offers daily, looking at houses but nothing is solidifying. I know, I'll end up getting 3 under contract at once. That's usually how it works, which is A-OK with me!!
We almost had an "as is" offer on the property I co-own. You know, the "A-hole house"? Unfortunately for us that never happened. The guy was showing all the signs of writing an offer but, for whatever reason, he never did and stopped returning calls/emails. Crap! Oh well, back to sprucing it up a little.
That's really it for real estate related stuff. It's been pretty quiet since my last post.
Insanity update: I took my measurements last weekend and did not lose as much as I thought. It was a total of 4 pounds and 3.5 inches. I'm still working out daily, well this week is off a bit b/c I'm on the early, early shift and getting up at 3:45am to work out is too much for me. I definately can feel/see a change so I'm not stopping until I get to my goal. It is just taking a little longer than I anticipated!! Oh well, I will get there.
Heading back to work.... Hope everyone has a great weekend!
Wednesday, June 9, 2010
WHEW... A little overwhelmed!!
The past few days have been a total whirlwind, in a good way. It started Friday night preparing to have a 4th birthday party for my daughter on Saturday. Saturday was crazy finishing things up, having the party. Sunday I set up a couple showings for the "water house". The one guy showed up with everyone he knew, I think. Actually they were the nicest buyers I have had in a looong time. He brought his electrician, plumber, HVAC guy, roofer, etc so they could look at everything. They were all his friends, they all live in town and they all knew what a killer deal it was. This is the buyers first time buying a home so he wasn't as casual as his friends. At any rate he decided he wanted the house, we agreed on price and I told him I would send him an offer to purchase later in the day (this was Sunday).
On Monday I got a brand new offer to purchase from his attorney and I thought the deal might be dead. The attorney lowered the price, asked for concessions, me to pay for gap insurance and a letter from the city regarding the zoning status of the house. I was so frustrated BUT I kept my cool and we worked through every issue to date. I sent off a counter offer yesterday and recieved the signed acceptance today. Yeah. He is getting conventional financing through a local bank and I spoke to the lender yesterday. He assures me seasoning will not be an issue but I lost faith in what bank people tell me. It's unfortunate but true. I've been told the exact same thing before and at the nth hour I'm told seasoning will be an issue. However, I'm taking him at his word for now. I'm a little more at ease because he is a local bank and I am not making a killing.
The next hurdle we will have to cross is the appraisal. I have no doubt it will appraise for what we agreed on BUT the bank wants the water on for the appraisal. We can't turn the water on b/c there are broken pipes. Yikes. Well, during the buyers initial walk-through his plumber told him they were going to do a full re-plumb when he moved in. On Monday the buyer asked me if they could do the full re-plumb for the appraisal instead of wasting money on minor fixes and then tearing it all out anyway. I told him that was fine and his lawyer is drawing something up for that as well. My thought process was that the buyer pay for the fixes and IF (if, if, if) he cannot get financed I have it inspected and then pay for the plumbing. I mean, it needs to eventually get fixed anyway. Side note: I just got a fax from the lawyer regarding the plumbing. It's basically an email in fax form, this guy is old school. He also "gave me permission" to speak to his client. What? I wish he had an email so we could correspond that way... Geez lawyers are a PIA!
Another (little) hurdle.... This buyer is going to want to get in there and pressurize the pipes right away. My closing with HUD is next Friday, we are actually closing 10 days EARLY!! This is an absolute first for me and is perfect for my situation. Well, perfect would have us closing this Friday... see I didn't exactly tell him that I didn't own the house yet. I don't outright lie, I just adjust my words a bit. I find that some people get scared off, think you're doing something illegal, confused, etc. Hopefully I can put him off until next weekend to look at the pipes. He has a LOT of time to get that done since our closing is set for July 21st.
What else? Oh, I am using private funding for the downpayment which is going to be about $23k. The private lender is my mommy : ) The agreed upon return rate is $2k so she will be making that much in a matter of 1 month. Not bad! I just found out yesterday that someone else wants to invest with me. My aunt's "gentleman caller" - heehee - was talking to my husband yesterday when he mentioned that he wanted to start investing with me. I have to give him a call. There are a few properties I am very, very, very close at getting and want to put this money to good use.
Regarding the 'A-hole house'... he wants to have "a meeting" next week to go over bids on the projects we will be doing on the house. That's all I have to say about that!
Non-REI: Still working out consistantly. I can really feel/see a difference in my body and I'm loving it! I actually think I'm going to do the P90x when I'm done with the Insanity program. This Saturday I will be halfway done with the program and I'm going to take measurements. I'm excited to see how I've done. For anyone looking for an at home program
On Monday I got a brand new offer to purchase from his attorney and I thought the deal might be dead. The attorney lowered the price, asked for concessions, me to pay for gap insurance and a letter from the city regarding the zoning status of the house. I was so frustrated BUT I kept my cool and we worked through every issue to date. I sent off a counter offer yesterday and recieved the signed acceptance today. Yeah. He is getting conventional financing through a local bank and I spoke to the lender yesterday. He assures me seasoning will not be an issue but I lost faith in what bank people tell me. It's unfortunate but true. I've been told the exact same thing before and at the nth hour I'm told seasoning will be an issue. However, I'm taking him at his word for now. I'm a little more at ease because he is a local bank and I am not making a killing.
The next hurdle we will have to cross is the appraisal. I have no doubt it will appraise for what we agreed on BUT the bank wants the water on for the appraisal. We can't turn the water on b/c there are broken pipes. Yikes. Well, during the buyers initial walk-through his plumber told him they were going to do a full re-plumb when he moved in. On Monday the buyer asked me if they could do the full re-plumb for the appraisal instead of wasting money on minor fixes and then tearing it all out anyway. I told him that was fine and his lawyer is drawing something up for that as well. My thought process was that the buyer pay for the fixes and IF (if, if, if) he cannot get financed I have it inspected and then pay for the plumbing. I mean, it needs to eventually get fixed anyway. Side note: I just got a fax from the lawyer regarding the plumbing. It's basically an email in fax form, this guy is old school. He also "gave me permission" to speak to his client. What? I wish he had an email so we could correspond that way... Geez lawyers are a PIA!
Another (little) hurdle.... This buyer is going to want to get in there and pressurize the pipes right away. My closing with HUD is next Friday, we are actually closing 10 days EARLY!! This is an absolute first for me and is perfect for my situation. Well, perfect would have us closing this Friday... see I didn't exactly tell him that I didn't own the house yet. I don't outright lie, I just adjust my words a bit. I find that some people get scared off, think you're doing something illegal, confused, etc. Hopefully I can put him off until next weekend to look at the pipes. He has a LOT of time to get that done since our closing is set for July 21st.
What else? Oh, I am using private funding for the downpayment which is going to be about $23k. The private lender is my mommy : ) The agreed upon return rate is $2k so she will be making that much in a matter of 1 month. Not bad! I just found out yesterday that someone else wants to invest with me. My aunt's "gentleman caller" - heehee - was talking to my husband yesterday when he mentioned that he wanted to start investing with me. I have to give him a call. There are a few properties I am very, very, very close at getting and want to put this money to good use.
Regarding the 'A-hole house'... he wants to have "a meeting" next week to go over bids on the projects we will be doing on the house. That's all I have to say about that!
Non-REI: Still working out consistantly. I can really feel/see a difference in my body and I'm loving it! I actually think I'm going to do the P90x when I'm done with the Insanity program. This Saturday I will be halfway done with the program and I'm going to take measurements. I'm excited to see how I've done. For anyone looking for an at home program
Friday, June 4, 2010
Rolling with the changes...
Is everyone looking forward to the weekend as much as I am?!?! I'm glad today is Friday so this is going to be brief. Last week I mentioned we had the "water house" under contract and inspected. The inspections came out fine, foundation is fine, plumbing needs to be fixed (of course), some electrical, etc, etc. At that time we decided that we were going to rehab this house since the numbers are so nice. Fast forward to yesterday I get the following email:
Morning! Mike wanted me to ask you if you want to buy Dardis from him. He is getting the feeling that some work needs to be done to it and his crews are too busy in this area right now. What are your thoughts? I was going to advertise in the local papers. Maybe do a one day only sale. Then again if the home could get repainted etc. that may make a big difference.
Yep, the house where my realtors broker is holding the note (the one I don't talk about a lot) is not selling. Hmmm, is it because the picture on the mls has a foot of snow in it and no other pictures? No? Hmmm, did you advertise it on CL? No? Hmmm, did you advertise in the paper? No? After he basically took the listing from us, which we allowed b/c he was doing us a favor, did nothing and now wants to give it back to me. I can't buy it back from him since I still can't get financing in that area. I know this probably sounds all confusing but suffice it to say he screwed up, IMO. So instead of rehabbing the "water house" we are going to put some money in this house. The numbers are good here too BUT I have to split the profit with the guy who initially only wanted to give me 20% of the profit. Don't get me wrong, I'm ALL for sharing a profit when it is FAIR but I don't like getting screwed. I'm kind of irritated that he took control, couldn't sell it and now puts it right back in my lap and wants me to "take care of it". Just kind of jerky to me. Whatever... it shows that I have grown because I have not freaked out. Not sure if I'm just more laid back this week or if I've come to a realization that these things will happen. Maybe a little of both?!?!
Because of the short week and these problems I have not submitted any offers. I want to get another property under contract and, hopefully, put some private money to good use!
BTW, I put an ad on CL for the "water house" as a wholesale deal and have had about 10 responses so far. Hopefully it will sell quickly and we can focus on the "a-hole house". Not sure I like that name.
Okay, real quick, I worked out all week but didn't lose a pound. That's okay because last week I fit in to my size 10 jeans that I have not been able to button since my first child was born. WOO HOO! Now, the jeans were tight... very tight BUT I buttoned/zipped up so that's an accomplishment in my eyes. I will complete this goal and continue I'm sure.
Have to run hope everyone has a good weekend!!
Morning! Mike wanted me to ask you if you want to buy Dardis from him. He is getting the feeling that some work needs to be done to it and his crews are too busy in this area right now. What are your thoughts? I was going to advertise in the local papers. Maybe do a one day only sale. Then again if the home could get repainted etc. that may make a big difference.
Yep, the house where my realtors broker is holding the note (the one I don't talk about a lot) is not selling. Hmmm, is it because the picture on the mls has a foot of snow in it and no other pictures? No? Hmmm, did you advertise it on CL? No? Hmmm, did you advertise in the paper? No? After he basically took the listing from us, which we allowed b/c he was doing us a favor, did nothing and now wants to give it back to me. I can't buy it back from him since I still can't get financing in that area. I know this probably sounds all confusing but suffice it to say he screwed up, IMO. So instead of rehabbing the "water house" we are going to put some money in this house. The numbers are good here too BUT I have to split the profit with the guy who initially only wanted to give me 20% of the profit. Don't get me wrong, I'm ALL for sharing a profit when it is FAIR but I don't like getting screwed. I'm kind of irritated that he took control, couldn't sell it and now puts it right back in my lap and wants me to "take care of it". Just kind of jerky to me. Whatever... it shows that I have grown because I have not freaked out. Not sure if I'm just more laid back this week or if I've come to a realization that these things will happen. Maybe a little of both?!?!
Because of the short week and these problems I have not submitted any offers. I want to get another property under contract and, hopefully, put some private money to good use!
BTW, I put an ad on CL for the "water house" as a wholesale deal and have had about 10 responses so far. Hopefully it will sell quickly and we can focus on the "a-hole house". Not sure I like that name.
Okay, real quick, I worked out all week but didn't lose a pound. That's okay because last week I fit in to my size 10 jeans that I have not been able to button since my first child was born. WOO HOO! Now, the jeans were tight... very tight BUT I buttoned/zipped up so that's an accomplishment in my eyes. I will complete this goal and continue I'm sure.
Have to run hope everyone has a good weekend!!
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