Sunday, August 31, 2008

48 is the magic number

Alright, I've been on listing book going crazy over the past couple of days, I have compiled a list of 48 properties that I'm going to checking out, and ultimately making offers on.

I have access to MLS now to run comps. The criteria I've used for searching is:

Post 1950
at least 3 rooms
$0-150k

There has to be atleast a 20k spread between the ARV and the listing price.

I sifted through 582 homes.. this week i'm going to be busssyyy!!

Can't wait, I'm going to start blasting offers.

Just to update you, I have a realtor that I can submit offers through, so that's going to make things much easier.

Den

Thursday, August 28, 2008

making things happen

Hey!

Sheesh, so much so much.

Kersey Street:
This is the house that is just, well.. a wreck. I finally got authorization, and I've spoken to the loss mitigator, so we've been trying to come to terms with a price, we're close but not close enough. I think this deal may work out.

Red Hill court:
Got this postponed until the 9th of September, which is great because one of the main issues was the owner needed some extra time, and this has allowed to it, I'm about 15k off on the price as far as that goes, i hope I can get it down to about $110k

Behind the scnene, I'm actually getting a lot done, I know my posts lately just seems like a bunch of mess, but i'm really getting things done, soon when I have a little more time i'll post it all up.

Sunday, August 24, 2008

Busy!

Man, I'm taking 20hours worth of credits this semester so i have a full course load and some, not to mention i'm a member of a number of organizations so i quickly saw my free time go from about 90% free to 50% free REALL QUICK

Tomorrow I'm going to the office of the guys who own the huge REI company, we're going to go over some things.

I was able to postpone the kersey street house, which is great because now the home owner has time to get into her new place which is what she was worried about. So, i'm really happy about that. Plus I get more time to work the short sale, BOA is sending her the proper authorization letter for us to fax in.

This week I will also be working on the red hill court house. I'm going to make an offer of $110k initially, i know they will coutner, the CS service rep told me they wanted about 128 for it the ARV is 150k the drive by BPO came in at 148k

I'm looking forward to tomorrow and will post back!

Dennis

Tuesday, August 19, 2008

Crazy oportunity.

Well, today I was proposed with an INSANE opportunity within the real estate world. No, it's not a crazy deal where I'll profit 100,000.. but it is a very good oop. I won't go to much into it now, as I have not really decided to go this route or not, but I'm thinking I will..

That being said.

BANK OF AMERICA FREEKING SUCKS! Dude, Starting in early august, I've faxed in my authorization forms for the kersey street house, i think I went into this situation a few posts back, but to make a long story short bank of america has their own authorization form (Official form) that they send to the home owner, and they have to sign that form and have faxed in, I can't use one of my generic forms.. what a pain in the ass.. well the problem is the sale date is next tuesday, tomorrow i'm going to meet up with tammie to see if i can get her on the line with me and the loss mitigator to ask them to postpone this sale date to give me time to work the short sale, i've spoke to atleast 7 reps and none of them told me about this specific form until today.. so ridiculous.

Anyway, as I type i'm on hold with first franklin to see about this red hill courth, i've been on hold for 10 minutes.. not to bad i guess..

anyway, tomorrow one of my friends turns 21, so tonight at midnight we're going to goto the bars and get a drink, i got a class at 8am so i gotta be in early! lol

Anyway, i wish I could go more into this opportunity, but i don't want to jinx anything, i'm really excited tho and can't wait to blurt it out!

UPDATE:

Just got off the phone with the lender for the red hill ct property

ARV is around 150k range
Their BPO (drive by) came in at 148k (The CS guy was nice enough to tell me) ..the house is in good condition ..this is was my first official home owner i met with, i new the odds were against me but i decide it would be good practice.
He also told me that they are looking to get about 128k .. so i'm going to figure out what I'm going to offer from there. I need to do some math, and talk to some buyers of course to see what they would pay for it.

Great, well this was officially the first lender that told me the BPO price lol, also we will be able to get this post poned, so that'll be good for the homeowner!

Dennis

First day of school...TODAY!

Welp, first day of my last year! I can't wait. May 9th 2009.. here I come!

Today was very hectic, hell the entire weekend was crazy. I've been busy trying to get things in order in my personal life prior to school starting up. Tonight won't be a long post.

Tomorrow I need to check up on all the short sale deals I have faxed in, that kersey street deel better have my authorization on file, her sale date is about 10 days away! BOA is really slipping man.. Tomorrow I'm scheduled to goto an office of my buyer who is going ot be supplying me with a ton of leads, he is going to show me his system of collecting them and how they will be coming in, he's also going to introduce me to his partner who is the main owner of their operation. I'm looking forward to it.

Well, I'll post more tomorrow, sorry so short I've been so busy all day!

g'night folks!

Friday, August 15, 2008

[insert clever title here]

Today was pretty cool, I spent a while on the phone with bank of America, they are totally busting my balls and it's getting annoying. I fax in my authorization form, then call back to check 2 days later, they tell me it's not in yet to call back in a few days..call back in a few days they tell me i faxed it to the wrong place..then they give me a new number to fax to..well went through the whole call and check process just to find out they gave me the WRONG FAX NUMBER AGAIN! this went on for three different numbers. Today I got a nice rep who I told the situation and she was a big help, i was able to fax it directly to her, she said she would make sure my authorization form got forwarded to where it has to go.. That is for the Kersey st deal.

I got together with a local buyer, he is really turning into my mentor, we talked 3 hours about REI stuff, he has a well oiled machine going on in my area, it's pretty cool to see the system they are working. He asked me what my biggest expense was, I told him marketing..and leads.. He said, dude I can give you all the leads you'll ever need. He spends 1000 a week on marketing, and he gets leads all day long that he can't use (his strategy is buy cheap and low) so if someone is upside down, or no equity and all that he can't really help them out. So he will pass them my way.

Today I also had about 50 mailers sent out, 10 of which have a sheriff sale date that is set very close, so they will be motivated.. time to get my phone ringing again :)

I have 2 solids in the working Kersey Street (which is a total dump) and Red Hill court (which is lipstick)

I know what my buyers pay..60-65cents on the dollar..so that means I need to get them for 55 on the dollar, or less ;) That's my goal.

I totally neglected my ebay business today, tomorrow morning I have 20+ packages to ship out..oh joy! :(

That's it for tonight!

Thursday, August 14, 2008

Please authorize here!

That is what I say to people instead of saying, "Sir, can you please sign this." The word authorize sounds less harsh.

I had a successful meeting today, went smooth the homeowners are really stuck, to make matters worse they are being audited by the IRS, i told them to not loose any sleep over this at night because it was my job to take their pain and stress for the time being. I really hope I can work things out for them. The wife was weary of signing the power of attorney, in fact they did not sign it, I hope that won't be an issue.

The other lady I was supposed to meet with cancelled on me, the lender called her up today and said they have post poned her sale date until october something, i guess she was doing a loan modification, but i told her if she has any questions to give me a call, i'm sure she'll be calling. She doesnt have any plans yet, so if she can't catch up then we can still do a short sale for her.

I have not sent out any marketing pieces in a few days, but i'm going ot be sending more out very soon like tomorrow..

I'm also busting my rear end in getting my wholesaling business kicked off, I have a knack for making things harder then what they are, and i feel that's what is happening now. I need to take action in a big way.

tomorrow I will be marketing, submitting these authorizations and checking up on my other short sale's that are in process..

ugh, im pooped!

g'night!

Tuesday, August 12, 2008

uh oh, another road bump!

Just when you think you've gotten over one hump.. something else comes up. Now I see what people talk about when they say THIS IS NOT EASY! But it's still fun none the less, and I'm learning a ton which is always cool.

Okay, so I've been trying to submit these offers, but the lenders are saying I need a listing contract...first pre approval, now a listing contract lol. The thing is, my realtor basically said it would be a hassle and he didnt want anything to do with listing all these short sales that won't be moving.. I can TOTALLY see where he is coming from, I wouldnt want the added headache either. SO what now. Well on the forum, I was given a few good tips, here is a link to the post: HERE

If all else fail I may have to get my license to make my shortsale business more stream lined, I can't imagine how it will hurt, it will only make it stronger in the long run, plus added commissions :) The disadvantage to this is the time it takes to goto the classes, I'm not sure I can fit it in my already packed schedule.. so in the mean time I may crank out wholesaling, heck I need to put that pre approval to work and start making a ton of offers.

Today was my sisters birthday, I actually called and rescheduled the appointment I had today, it all worked out because I forgot to ask the lady to pull together the basic SS info that I will need to submit, so this extra day will give her time to write the hardship letter and all that good stuff.

Today at the REIA meeting, I met a very nice broker she urged me to give her a call and she can help me through some things. So I sent her an email this afternoon with 3 main questions (about the listing the short sales, best way to submit offers (in my area) and about another lady who has a ton of equity, maybe this broker will be able to help her out.) Well she wants me to call tomorrow morning, so this should be a good convo.

I did not do any marketing today, HOWEVER I did drive around for the first time looking at properties I saw on the MLS, that was exciting... like Steve says.. no point in looking at houses if you don't plan on making offers.. I don't know about making offers without seeing the inside, but if i'm conservative enough it should all be good.

What else... hmm ..

I think that's about all! all and all it was a good day, more contacts to add to my list, NETWORK NETWORK NETWORK

Time to watch the olympics! Womens gymnastics, GO USA!

Monday, August 11, 2008

PRE-APPROVED!!!

I can't explain how excited I am about this! First off, I don't want to put the person who helped me out on blast, but if you are reading this you already know how much I REALLY do appreciate your assistance here. Upto now, this has been that biggest challenge for me, I have not been able to submit some offers because of this.. but now it's official!! Now I'm going to be browsing listing book/MLS like a mad man looking for deals!!!!

I got a number of phone calls today again, I need to keep better track of them. I spoke to 1 lady who has a sale date of September 8th, I was able to schedule a home meeting with her. The numbers look ok, she owes 49k on a 55k loan, it's a condo. THEN her neighbor who is also in foreclosure called me up about 5 minutes later, but I missed the call because I was on my cell phone with another guy. Anyway her neighbor is on my 306090 day list, i know I sent her a letter, but she may not have been motived, but since I just spoke to her neighbor and built good repor, she may be more interested in what I have to say now :)

The guy I was on the phone with is the same guy from A LOT time ago, he was my very first potential. His number are 150k owed and the house is worth 150k , he has 2 liens, 130k and 20k. The kicker with this guy is his house in in damn near mint condition, so the bank MAY be in better standing. But if I can get a good discount on the first, and knock out the second then I'll be good. This guy tried to sell it a few times, but the realtors never really got it done, he even put a sign out front he said but no phone calls. ..he even told me he tried to call the lender and get it post-poned but they wouldn't work with him, he said someone had to do a shortsale for him ...well needless to say he called me back. My first meeting with him was over a month ago. His date is Aug 28th.

The Kersey street deal (the house with broken windows, holes in walls all that) should have my authorization in by now, last i checked (last friday) they didn't have it but said it will prolly be a day..so I hope they got it today so I can submit the package and start the proceedings.

SIDE NOTE:
I'm meeting up with a guy this afternoon to sell my bike :( I really want to keep it, but I don't have the time, school, ebay, REI..no way i have enough time to mess around with it.. I hope it sells!

OH YEA:
I made up my mind about what I'm going to do. I'm going to just keep sending mailers to people I get from the courthouse.. they are way more motivated and ready to move out..versus the overwhelmingly number of tirekcikers I get from the 306090 day leads..however , if I had the money to send multiple mailers to those leads I would..but right now I don't. It will also fit my school schedule..

Well so far today has been busy! Tomorrow is another REI meeting, so I'm going to catch that as well..oh, and my lil sisters 20th bday! I don't know what to get her yet, any ideas?!

pz OuT!!

Saturday, August 9, 2008

3 Days, no post!

Okay, well I've been a little busy lately, both personally and professionally.

Good news! You know that pre-approval letter that's been hunting me for the past week +? Well, Someone actually contacted me about getting me one. I couldn't believe it, I'm truly blessed that he has offered this for me. He said I should get it by Monday, Can't wait I'll feel so official!!

Okay, I've been spending a lot of time with one of my buyers, kind of learning what he does (He's a buy and holder) and he's been showing me areas he likes, and just great information as far as real estate investment goes. He's get me interested in his buy and hold strategy, it really does make sense, I never really understood it until recently. I understood it..but the number never really made sense. Basically you find a deal on a house, say the house is worth 60k ARV , you get the house from a wholesaler, or via short sale and you get it for 30k.. you get a 30 year fixed on it, thhe mortgage will be like 200 a month on it, if you can rent it out for $600 , you have $400 cash flow. Multiply that times ten, that's $4k in cash flow a month.. now if you keep doing the math, you'll see how it ends up. That's a pretty cool strategy to go about investing for residual income.

Phone Calls:
Well, I've been getting a ton of phone calls from the 306090 leads, but the motivation is not really there. The callers mostly are trying to catch up.. they are not really motivated to leave their house yet. I think the best way to market to these leads is by sending out multiple mailings. You know, buy the 6th mailer they will be very motivated because they prolly have a sherrif sale date right around the corner. At this time, sending out that many mailers does not really fit into my marketing budget.

I actually get A LOT better response rate from leads I get from the court house who have a foreclosure sale due. I may get 20-30 leads a week from the court house but I get a much better response then from them..just over all better quality of lead, they are more targeted. School starts up in a week, and I think it will be much more feasable for me to send 50 mailers a week and get a good response rate, versus send 200+ mailers a week for similar response rate.

I have this other lead on O'Henry stree that is looking pretty well, the lady only likes to communicate through email, which can be good and bad..bad if i need info right then and there, she never answers phone calls lol its weird.

My Kersey street deal is still pending, the lady has so many excuses, it seems like she has an excuse for everything, I'm waiting for a fax from her she keeps saying that she sent it..yet I never get it, so I tell her that I can just pick it up, then she says ohhh it's at work blah blah blah.. I see how some people end up in their situations. Eitherway, it's a great short sale prospect.

Last night, we started the weekend long celebration of a good friends 23rd birthday, today is actually his bday so we will be going out tonight. It seems that everyone's bday is in August..my little sisters is on Tuesday! I can't believe she'll be 20.

Anyway.. the Olympics Opening ceremony was AMAZING! It was even funnier to see Prez Bush in the nose bleeds with binoculars LOL..life must be hard for him nowadays haha

RIP BERNIE MAC!

Wednesday, August 6, 2008

Ring, Ring, Ring..

FINALLY! My phone rang again! Sheesh, I was really starting to wonder what the point of marketing was! I hadn't received a call in over week that related to my short sale biz. I got 4 Calls so far today (well more but 1 lady called a ton of times). Nothing really worth while, actually i take that back because one guy I never really connected with, he left a message, i called back no answer.. but the people I did talk too, nothing really that will work. The lady that called a bunch of times just wanted me to tell her that she's a renter, oops! But I got the owners info, so I'll give him a call.. it will be a cold call but we'll see. One lady had about 125k in equity, but didn't know what to do, I told her she's better off selling the house! She is back 40 grand in payments over the course of 7 months, that's insane...but anyway, yea she also has a huge savings account.. I told her that the bank won't want to do a short sale if they see she has 100 grand in the bank, clearly she could afford to catch up. Anyway..

I met up with the buyer I've been in correspondence via email with today. He was a really cool guy, he buys at least 2 a week but would love to buy more if he had the deals. I didn't get the leads, he has them in digital format, he said that he will give them to me this weekend, he invited me to his house and hang out and talk business. But he said if I can bring him a house that's 65cents minus repairs that he will buy it from me. SWEET

We chatted for about almost 2 hours, I asked him if you could tell me anything, as words of advice goes what would it be. His response was:

"Gee, there are tons" but what he did say was , "Stick with it, I don't care if you don't close a deal for 6 months. Real Estate works, I see a lot of people give up, but the ones that don't are enjoying the fruits of their labor, be persistent and you will be rewarded, and will be able to live the lifestyle that you want to live, not one that you're forced to live."

99% of all successful investors say the same thing, so you KNOW those are words to live by.. don't give up.

It reminds be the story of the Chinese bamboo tree, I'll save that for another blog entry.

ANYWAY, i do get off topic all the time!

I got some calls today! NICE, mission objective completed!

I also went to the court house, got more leads as well as the paper work for a DBA

Tomorrow I will be sending out another 100flyers + the leads I got today.. so tonight will be a great nice printing, folding and stamping mailers! joy!! :)

Pz ouT!

Tuesday, August 5, 2008

"TELL ME YA NUMBIZ, WHAYYA GOT"

okay.. stick around, I'll get back to the title in a little bit.

TODAY was cool, went to the local REIA meeting with a mission.. to FIND A FREEKING LOCAL HML TO WRITE ME A PRE APPROVAL. Got to the meeting and there were no HML's there, however I did find out that there is a guy locally that will write a letter, so that's good I tried to get his contact info but no one seemed to have it. Tomorrow there is another meeting about 30milles from here, i may have to pay a visit to that meeting as well.

At the end of the meeting, you know when people announce properties for sale, and people who want to buy i noticed the people who were buying and the people who were selling, so i decided to rub elbows with eh buyers..of course. My pick up line was , hey where do you like to buy your properties, what are you interested in. This was a guy from jersey, you know how jersey people are..right to the point, no BS.. i love it, it's funny but caught me off guard. His response, (he sounded like Joe Pesci) "TELL ME YA NUMBIZ, WHAYYA GOT" I was like oh man this guy means business. So I go on talking to him about this possible short sale deal I'm close to having approved (or so i hope) and i Accidentally tell the guy what the retail cost of the property versus what i'm negotiating it for. He says , "I TELLYA RIGHT NOW. I AINT BUYIN IT"

I thought, wow i'm screwed, now what. SO I tell him that If I come into something he likes. he immediately tells me "No wait a minute" .... Long sotry short, he invited me to ride around with him as he was going to go look at properties! Man, this guy was totally cool to he gave me a lot of insight, his strategy is buy and hold but he also wants to buy anything he can get his hands on, that's a deal. He actually bought a house today too from a wholesaler that was at the meeting, we followed her to the house, checked it out with the owner.. next thing I know..sold, told her to write up her contract ($2k assignment) and he was good to go.

So, that was an experience, I had a long conversation with him about short sales..very good convo. I also asked him about the guy who i've been in email contact who buys a ton of houses (the guy i'm supposed to get all those Short sale leads from) and Pesci (that's what imma call him) told me that this email buyer does a ton of deals, and he is prolly buying more properties in this area then anyone! So this is a good thing.. that leads me here....

This morning, I get a email from the buyer that Pesci said buys a lot..he invited ME out! He asked me when I'm free to get together so we can talk about these short sales, and what not. I told him he is way more busy then me, so i'm willing to work around his schedule. But I gave him a few days (Wednesday and Thursday) so maybe within a few days i'll be meeting him.. really cool.

I made progress in my networking today, which was GREAT, it's all about networking for sure. Now.. I still have to get my pre-approval, but i'm hoping soon I will be in contact with this HML so i can get a letter to submit my offers with and what not.

----
As far as my business goes, i mailed out those letters last night, no calls today as of yet but i imagine soon it will be ringing i hope! I think i'mg going to go to my parents house (where my laser printer is) and print out another 100 mailers and send them out.. I want to be busy doing things that will make me money!!

That's about all for the day.. now on to ebay stuff.. oh joy.. i can't wait till I don't have to count on ebay for money.


Pz OuT!

Monday, August 4, 2008

Bleh

I'm a little bummed, I'm having problems finding and HML that will grant me a pre-approval letter. The thing that is annoying about this is I have a short sale that I need to submit, but I can't submit the package without the letter! So it's a little frustrating. I have some ideas on what to do though, tomorrow is a REIA meeting, i'm going ot try to find an HML there. I was contacted by an HML in charlotte, he said he wouldnt have a problem giving me a pre approval, BUT he only services the charlotte area :( So he won't make a letter for my county..boohoo

I printed, folded and stamped 100 of the 501 leads today. I can't PROMISE that all the 500 will be out this week, but it's a work in progress. No I see why marketing assistance is usually the first line of help people get.. this took 2 hours, it would take 10 hours to do all 501 of them LOL

Didn't really do much else besides think about what the heck im going to do in terms of the pre approval, i feel like i've met a road block, but I'm determined to get over it soon.

That's about all I hope I have a more exciting post tomorrow!

Sunday, August 3, 2008

Fun weekend.

Well this weekend was cool, I went to one of my fraternity brothers birthday parties last night, it was like a family reunion, a whole bunch of people around that I have not seen in so long.. It was cool.

Today was pretty relaxing as well, just hung out with my girlfriend for the most part. Summer school is finally over, so now I have all day for the next 2-3 weeks to really focus on the biz, which I'm excited about. I'm working on sending out these mailers i have 500 of them, so that should be fun..NOT! but it has to be done, so I'm going to see to it that it gets done.

Other then that, not much to mention..besides the fact that i'm getting "played" in a situation with a motorcycle i bought a few months ago.. ok, here it goes. I bought a bike on june 26th and on june 28th the thing broke.. 2 days, less then 100 miles on it. SOO the guy said he would help me out and go half way on an engine for it.. you think he's holding upto his word? NO. He's a friend of a friend so i trusted him, and i didn't act like an asshole, even though i probably should have.. but i just played it cool the entire time... it's really frustrating to think about, negativity ugh i hate it.

ANYWAY

I need to have a well detailed plan of attack for this week, right now my plans are all over the place. I think what i'm going to do is write my weekly goals down.

That's about all!

Heres a picture of the bike ..every time i see it i sniffle.. the 2 days it worked, i loved riding it!

Saturday, August 2, 2008

Pre-Approval

It seems that a MAJOR road block that stops people from moving on, may not be that major at all--or ate last that's what they say.

I've got my offers ready to fax in, and I've found a number of properties that I want to make offers on the MLS but you know what's blocking me now? You bet, the pre-approval letter. I did a search on how to get around this on the flipping homes website and this thread has helped: http://flippinghomes.com/forum/replies.aspx?tr=126911 , Also, i used this website from REIClub.com to find out the HML's in NC: HML LISTING

I wrote up a email to send them, and I hope they're willing to work with me as far as just getting a pre-approval. I'm not looking for a commitment of a loan, just a piece of paper that says im pre approved so I can submit offers.

I don't have a huge amounts of cash stashed away, and I don't have a credit score of 650, I hope these won't stop me from getting the letters. Other people get them, so I don't imagine it will stop me.

that's about all for now.

I'll leave you with a random pic of my dogs sharing their love :)

Friday, August 1, 2008

The ups and the downs..

Started out the day GREAT!

I called my realtor and he all of a sudden was busy all day and had no time to meet with me and the buyer to show him this house. So I call the listing agent and she also lives like an hour from the property and couldnt make the time, she said she had a few offers in on the property so i'm thinking it's as good as gone.Im a little bummed out, mostly because I want to meet this buyer man, i may have to just invite him to lunch and pick his brain.

Also, i was thinking.. you know.. I sent out about 50 mailers (i know that's not a lot) and i received 1 phone call. That's like a 2% response rate, and she wanted me to help her refiance so it was pretty much a sucky week as far as the phone ringing.

HOWEVER I did receive my 501 leads that i'm going to be mailing out, so that BETTER get the phone ringing!!


The other thing is, the guy who i was supposed to meet with tonight didnt call, honestly the shortsale prolly would not be approved, he owes about the same thing the house is worth and the house is in good condition so it's a waste of time really.. but it would be good practice. I'm not going to go chasing him around town, he has to earn my service and appreciate that.

I think I'll call my buyer up this weekend, maybe in a little bit actually, ask him out on a date lol and just get to know him a little more and see what he looks for, not to mention I WANT TO GET THOSE SHORT SALE LEADS!!!!

I need to find a HUNGRY REAL ESTATE AGENT, IF THERE IS A HUNGRY REALTOR LOOKING TO MAKE $$$ AND LET ME KNOW! EMAIL ME PLEASE!!

Welp, off to go fly, then to throw back a few with some school friends who i've totally been neglecting lately.

Deuces

Cha Ching!

Okay, this morning I got a call from my new potential buyer. He sounded like another young guy. Talked to him for a few minutes about the property. He wants my realtor to call him up to schedule a meeting. I almost think he wants my realtor to call him so he can get his contact info and leave me out to dry.. -OR - I've watched Scarface too many time and other "King Pin" movies and am just to paranoid LOL Anyway, so today he wants to go check it out at three.

I asked him how this area was, if there were a lot of "movers and shakers" who are buying up properties and what not. Greensboro is a city, but it has a small town feel. He asked if i've gone to the REIA meeting but the thing is they were shut down. .. he told me the resident got ran out of the city because he was a shady guy. But he said when he would goto the meeting, there would about 50 people in there but only four who have done deals in the past month. He said it was a lot of investors that do no deals.. so I'm thinking.. Damn.. who'se going to buy form me?

Well, then he said he is a memberof the Greensboro land lord association, and between the members there they have about 10,000 properties.. which is a big thing. He also said it was cool because they also have political power LOL...that's another topic all in itself...

You may be asking why I called this post ChaChing!

1) I asked if he ever gets shortsale leads. He said he has worked one but hated it and has looked at hundreds of potentials. I told him that I actually LOVE short sales he said , if you like to do them you have gotta love them. Then he said he had a BUNCH of short sale leads that he has no problem sending my way!!! MMmmmm I love it.

2) When we were hanging up, I asked him how many properties he was looking at doing a month. He said as many as possible, he said he's an all cash buyer. If he won't take it he knows someone that will.!!!! DUDE ARE YOU SERIOUS! This is definitely good contact to have, all cash, wants to do a bunch of properties!

I'll let you know how the meeting goes with him in a little while, i'll post again tonight for sure.

What else.. oh yea, my Magellan Navigation came in today, got it for $92shipped off ebay, retail is $199 and it's in excellent shape.. my GF is actually going to another city today to shadow a dr so i'll let her use it.. girls, you know they have no sense of direction..just read Tampastephs blog.. you'll see what i mean (Sorry steph, I had too!)

Oh yea, one more thing (i keep saying that) my authorization should be in on one of the properties today, im going to call up on it.. ALSO i'm faxing in another authorization today along with meeting with homeowner around 6pm .. i hope my bizzyness converts to a payday!

Pz Out!