HEEEELP I got an offer acceted

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HEEEELP I got an offer acceted

Jerryll Noorden
Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes

I got an offer accepted and I am so high I cant even see straight.

I do NOT want to mess this up. It took me 2 months of spending my fortune to get this one.

Can you lovely people walk me through this?

What is next?

So I am supposed to meet her today to pick up the contracts. She asked me what the next step was and I said... "yeeaahhhhh...."

So Can someone just walk me through this step by step? I did the education but education only teaches the when things go smoothly steps. I rather ask you that learned from experience.

Thank YOUUUUUUUUUUU

(I should take a picture of my face.. and post it)

4Reply
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Most Popular Reply

Jay HinrichsBusiness Member
Real Estate Consultant 路 Summerlin, NV 路 Member since 2014 路 45k+ posts 路 66k+ votes
10y

whats your exit.. do you have the funds to close on it.. or are you hoping to just assign contract or double close or whatever.

not much to it really.. get the contract close on the deal.. resell it. I suspect you got it at a price that will allow you to make some money and the end buyer make really good money.. that's how these things work the best..

Or if you going to close rehab and flip.. just open escrow and close it.

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JLH Capital Partners51 Review
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  • Tangala Williams
    Tampa, FL 路 Member since 2016 路 65 posts 路 12 votes
    10y

    That's giid. I hope she is okay.

    0Reply
  • Tangala Williams
    Tampa, FL 路 Member since 2016 路 65 posts 路 12 votes
    10y

    good. Sorry for typo.

    0Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y

    She is OK. Jay was right. She just didn't call back. Sorry all for the false alarm and for the false excitement..

    0Reply
  • Malik Welch
    Augusta, GA 路 Member since 2015 路 57 posts 路 10 votes
    10y
    Originally posted by @Jerryll Noorden:

    She is OK. Jay was right. She just didn't call back. Sorry all for the false alarm and for the false excitement..

    This is why Getting a contract signed doesn't excite me. Getting it to closing is a different beast. Best of luck to you buddy. follow up with her every Week with a phone call for the next month. Then a post card monthly after that. Here is a secret. The money is in the FOLLOW UP! 

    0Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y

    yeah this totally killed it. Again and again I get close just to be let down.

    This one took the prize though. I was SO damn happy..

    0Reply
  • Shawn Crawley
    Wholesaler 路 Roanoke, VA 路 Member since 2015 路 277 posts 路 95 votes
    10y
    Jerryll Noorden I'm exactly where you are. Just gotta stay focused and know that every step you take you move that much closer to achieving your goals!
    0Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y

    Trying brother...

    hard!

    0Reply
  • Jay HinrichsBusiness Member
    Real Estate Consultant 路 Summerlin, NV 路 Member since 2014 路 45k+ posts 路 66k+ votes
    10y

    @Jerryll Noorden  any update is your seller alive and well or did some untoward thing befall her

    Podcast Guest on Show #222
    JLH Capital Partners51 Review
    WebsiteView Page
    0Reply
  • Meghan O'Connor
    Carmel, CA 路 Member since 2015 路 47 posts 路 15 votes
    10y

    jerryll posted this earlier Jay 馃榾

    She is OK. Jay was right. She just didn't call back. Sorry all for the false alarm and for the false excitement..

    0Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y

    Jay, you were right.

    She just changed her mind I suppose. She was OK, police found her.

    Right now I am sending her a letter with the contract telling her if she changes her mind  just sign and return the contract to me with a 7 day expiration on the contract.

    I think  because she really liked me she felt bad telling me no "I changed my mind" after an hour before agreed to sign. So she rather just ignore me than just be straight.

    Lost the deal, all I can do now is move on to the next. Honestly yesterday I had given up (again) It always takes me a few hours to slap myself back together. I have an other property I am going to offer a contract to in a few hours. I will only do the happy dance after I sign that *$)*@#@ paper next time.

    0Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y

    Thanks Maghan :)

    0Reply
  • Meghan O'Connor
    Carmel, CA 路 Member since 2015 路 47 posts 路 15 votes
    10y

    YW jerryll

    Good luck today!!!

    0Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y

    ALL,

    to very important things.

    First, Jay .. you were wrong! HAAAAAAAAAAA  

    Second.

    Can we continue with the contageous excitement?

    SHE CALLED ME BACK!!!!!!!!!!

    So I wake up today.. with an upset tummy.

    I was on the "seat" in the bathroom.. and ringgggggg

    I say  " WHAT! the *$(@)@ you want woman"  (kidding)

    ANd guess what... lil old sweet lady on the line . the one that just vanished.

    "Thank you SOOOOOOOOOOOOOOOOO much for checking up on me I was so sick"

    Long story short. She is going to sign the contracts!!!

    Everyone do the happy dance with me! 

    Is yourbirthday go Jerryll is your birsssday!!

    THe best part is... I am now probably going to sign 3 contracts  this week :0!!!!!!!

    THank you all for feeling happy, sad, pissed off with me and sharing it all with me.

    You all rock monkeybuns!

    1Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y
    Originally posted by @Antonio Carter:

    Jerryll Noorden

    @Jerry Noorden,

    Congrats sir! The feeling is great and getting the paycheck in your hand is even better. 

    You have a lot of comments and suggestions so I'm not going to make it worse on you. My advice for all FUTURE deals, just as someone else has posted already is to:

    1) Build your buyers list asap

    2) ALWAYS put your house under contract before telling anyone. Some investors may try to undercut you. It's happened to me before

    This is a super simple process. We just make it hard. Good luck and keep getting those deals!

    Jerryll Noorden

    Jerryll Noorden

     That is good advice!

    I hope to sign the contract on Monday. THen n the same day I will be making an offer to the lady that found me through one of my Videos.

    Tomorrow I am looking at a house that I have been dealing with for about a month now. (Out of state owner).

    It is in New Haven so it is a bit far from here. I need a team I think. I need reliable contractors that understand investors that can walk properties with me and quote me on the spot so I can write out the contract right there and then to have it signed. If this deal goes through.. and for the life of me it is hard to contain my excitement.. I am immediately going to scale my business. There is no way I can handle 3 leads at the same time. That needs to change!!

    But first I will get an LLC. THen I will be scouting for a good team. A few contractors in every city I am dealing in. That should drastically improve deal making I think.

    And as always I am eager to hear from others that already have taken these steps.

    0Reply
  • Charmaine M.
    Queens NY, NY 路 Member since 2013 路 467 posts 路 107 votes
    10y

    @Jerryll Noorden.....good luck and go get yours!!!

    0Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y

    why thank you! I am trying... hard!! 

    I keep saying this...

    I HATE wholesaling :))

    0Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y

    Someone offered to help me do an ARV on the properties I hope to have signed soon. Is that offer still valid? I think it would be a really good and fun learning experience not just for me but for all the newbies that have been asking how the heck you come up with a good ARV.

    Maybe we can do a few of thee properties all together? All I ask is not to bother the homeowners and try to steal the deal from me. Not because you can... (as I will have it signed I hope), but these homeowners are elderly and they are really attached to their properties and it is not fun to part with them, so out of respect please don't be a leach.

    Anyone still willing to do this in open public.. together?

    0Reply
  • Jay HinrichsBusiness Member
    Real Estate Consultant 路 Summerlin, NV 路 Member since 2014 路 45k+ posts 路 66k+ votes
    10y

    @Jerryll Noorden  Have you ever thought of taking your considerable enthusiasm and drive and pointing it in a direction that will give you a life long career in Real Estate. 

    That career being a top notch broker.. Your in the game your working with RE professionals day in and day out.. you will meet all sorts of folks that actually do real estate.. 

    You get paid to get trained IE work with a top producer as a team member to start.

    Maybe gravitate to a specialty in RE that you prefer.. When you get about 10 years under your belt this business comes to you... 

    Especially in your area were Real estate is higher priced.

    Just a thought... 

    Podcast Guest on Show #222
    JLH Capital Partners51 Review
    WebsiteView Page
    1Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y
    Originally posted by @Jay Hinrichs:

    @Jerryll Noorden  Have you ever thought of taking your considerable enthusiasm and drive and pointing it in a direction that will give you a life long career in Real Estate. 

    That career being a top notch broker.. Your in the game your working with RE professionals day in and day out.. you will meet all sorts of folks that actually do real estate.. 

    You get paid to get trained IE work with a top producer as a team member to start.

    Maybe gravitate to a specialty in RE that you prefer.. When you get about 10 years under your belt this business comes to you... 

    Especially in your area were Real estate is higher priced.

    Just a thought... 

     Jay, to be very honest...

    I may seem to be such a goof ball here. Happy as can be, with unbreakable motivation and drive. But behind my screen I am dying here, trying, frustrated, nothing is working, constantly losing potential deals. Yes finally things seem to be looking up, but really, look back... it took me 3 months!!! to finally almost get a contract signed. 3 months!! That is embarrassing. I hear and see constant success stories from people that get deals left and right.

    And in all honesty, I started this adventure to make money so I can fund my own robotics research and build exoskeletons that can actually make this forsaken planet a better place. Working for NASA and such companies.. it takes 300 pages of red tape to change a screw in one of MY OWN DAMN robots I designed and I am just tired of that crap. So much more would get done is I was in charge. But robotics research... takes a LOT of money!

    I have definitely considered getting my licence. The reasons why I have not done it is simple. I read an article once about getting your licence vs. not getting it. And somethings scared me a little (I know it shouldn't), but getting a licence may be a liability.

    What I think is best.. is that my partner get a license. I wholesale and find deals and do it my own (yet honest way), and any deals that do not go through, send them to my partner. So basically we would get all deals regardless if they are in a hurry to sell or have all the time in the world.

    But I am definitely thinking about it!

    0Reply
  • Jay HinrichsBusiness Member
    Real Estate Consultant 路 Summerlin, NV 路 Member since 2014 路 45k+ posts 路 66k+ votes
    10y

    @Jerryll Noorden  Just FYI that article you read is BS and having a license helps does not hurt.

    you simply need to disclose what your doing.

    I have been licensed in 3 states and have thousands of transactions under my belt.. never once did the license cause me a problem or hinderance .

    Any way was just brain storming and a suggestion.. you keep at it.

    I see wholesaling as a road to no where frankly.. thats why I was commenting in the first place.

    Granted in some Markets wholesaling is very viable.. for a high volume profitable business but in Most markets that are in high demand its a tough go on your own

    Podcast Guest on Show #222
    JLH Capital Partners51 Review
    WebsiteView Page
    0Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y

    WS is indeed hard! ! But yes.. I will get my license!

    0Reply
  • Gina Jurlando
    Virtual Assistant 路 Brooklyn, NY 路 Member since 2016 路 31 posts 路 3 votes
    10y

    this is still my favorite post on here.

    0Reply
  • Jerryll Noorden
    OP
    Flipper/Rehabber 路 Wilton, CT 路 Member since 2015 路 4k+ posts 路 4k+ votes
    10y
    Originally posted by @Gina Jurlando:

    this is still my favorite post on here.

     Thanks. It will be my favorite when I end this post with a picture of a check with my drool all over it running naked laps around the city as my victory dance!

    0Reply
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