Berkeley, CA · Member since 2013 · 47 posts · 28 votes
Another forum I belong to has a really awesome running thread where people post what they did to their car that particular day. It's good motivation and creates a little accountability. If this catches on, cool. If not, good try! I'll go first...
Placed my first yellow letter order for 300 addresses in the Bay Area
Started a lead gen team working on craigslist
Start training two VAs to call and qualify possible leads
Moved rents from the rental accounts to the main checking.
Negotiated and wholesaled a house for a fellow newbie BPer.
Put one of my vacant rental homes up for sale.
Got denied a refinance - no surprise, I mean with a 770 fico and tons of equity, I'm a real credit risk unlike these financial imbeciles with 3.5% down and a foreclosure on the record 3 years ago.
Went to the dojo and punched a bunch of people in the face.
Hey @Adam Hofmann not sure how this thread slipped through the cracks, but great idea!
Today I continued my fight to get financing on a triplex I'm trying to buy. I also got a contractor to start work on an apartment that had a water leak.
Moved rents from the rental accounts to the main checking.
Negotiated and wholesaled a house for a fellow newbie BPer.
Put one of my vacant rental homes up for sale.
Got denied a refinance - no surprise, I mean with a 770 fico and tons of equity, I'm a real credit risk unlike these financial imbeciles with 3.5% down and a foreclosure on the record 3 years ago.
Went to the dojo and punched a bunch of people in the face.
@Aaron Mazzrillo of course. I made two new contacts on BP and gained a new colleague for virtual wholesaling/bird dogging. Downloaded a couple new podcasts to learn about Subject To financing and started researching properties for leads.
I knew the second I saw @Aaron Mazzrillo name I would get a chuckle from his response. The 10 am bit and the refi lol. This AM I am rewriting a contract I was negotiating at midnight last night. Im up early so I can get it signed before they want something else changed.
I wrote a blog article on a new blog I am starting with my mastermind group. I dealt with a VA I have where the property preservation company took the neighbors trailer thinking it was the previous foreclosed owners. They shouldn't have taken it either way.
Pulled up some potential properties in mls and I was going to go look at them when I got two new HUD listings.
Wow, how timely. Instead of doing a NaNoWriMo this month, I dedicated myself to blogging about what I am doing every day this month on my path to real estate wealth. But I'll do a quick review of todays events:
5am - 8am
Emailed a Mobile Home "Wholesaler" offering to meet with her to help her find leads for herself and myself
Emailed a Newbie "Wholesaler" offering her some uplifting mindset. And setting the table for working with her on wholesaling deals.
Emailed the rehabber I met last night to confirm our conversation last night.
Wrote up my to-do list for the day.
Published my Blog Post on my goals for today, and a recap of the accomplishments I did yesterday.
8:30am - Visited the dreaded local Home Depot store. Procured my last gallon of semi-gloss, grout sealer and a can of Rust-l-ouem. Looked at the cashier and said, Yes, I am old enough to by spray paint, gave her a wink and smile mischievously.
9am - Had my back adjusted by the best chiropractor in the world.
10am -12pm - Breakfast with a great friend poolside at Wynn Las Vegas, talking business, motivation and mindset.
12-6pm - Rehab work. Painted all the trim in the unit I am rehabbing, painted two bathrooms, and a kitchen. Spray painted an old security door white (again!). Cleaned out some old silicone around the tub. Listened to 6 hours of BP podcasts.
6:15 - Called my partner to update her on the progress I made today, and then talked about the deal that's in progress, and we argued about when the buyer is actually supposed to COE, talked about our plans and schedule with the Property Manager for tomorrow.
6:45 - Arrived home cracked open a beer and relaxed.
6:50 - Cracked open the second beer because of all the sweat equity I invested today.
11:23 - Wrote too long of a reply on a BP message.
I like this! Yesterday was a pretty light day for me:
--Drove to realtor's office to collect referral fee check for last week's close.
--Talked to self-storage partner/lifelong friend on phone for 45 minutes about business and non-business
--E-mailed with wholesale client about his house that I haven't been able to move (yes, it happens). Unwound the deal with a Cancellation of Contract form. Client offered to write me a glowing testimonial even though I hadn't moved his house.
--E-mailed with an investor-partner about a property in DC that we're trying to close.
--Hung out on BP and noted the new Owner Financing blog which I will read today.
--Confered with DC realtor about a property I want to submit an offer on.
--Took 18-yo daughter to VOTE for the first time! Yeah!
Have been away from BP for a couple of years. Personal issues. This is as good a thread as any to get back into it.
Have always been interested in probates. Am going to get back into it and start hammering a direct mailing campaign. Spent the last week building up my leads going back 3 months so far. I sent out about 125 mailers so far. I’ll probably go back 1 or 1 ½ years and see what properties are still in the decedent’s/PR’s name and focus on those as well. Going to start with Broward County but after a little time will then hit Palm Beach and possibly Miami-Dade.
Yesterday, got up way too early, 5 am, drove 90 miles to do case, won, drove back, did 3 more cases did well on them, did last case still hurts from the beating I got. Got call from an employee of a title company, do I still buy rental houses? Made arrangements to see house.
House needs some work, but they bought with no money down, mortgage is held by some national company so impossible to deal with, payments are currently $800 per month including mtg insurance. Currently renting for $550. Owe 85K, bought for $90K 6 years ago on 30 year note, 7.25% interest. Fixed up house might sell for $105K, needs at least $12K in fixup to get that. Went to firehall trained on our new thermal imager(VERY COOL) crawled around in warehouse looking in camera for body heat signature of hidden victims.
Came home, fell asleep at computer trying to post on BP. Sorry for whoever got my garbled message.
Today spent 30 min too long reading BP have to run to office (am late) need to get work done, including call possible new tenant to replace old tenant who wants to end lease early, call electric Co. on appliances fried from the short in their main line, try to find a worker to help me work on my rehab this weekend.
thanks for starting this thread. It actually inspired me to take another action step. Technically this was yesterday, but I reviewed the absentee owners list i received, identified the best targets to mail to, went to the post office to get stamps, and mailed out my first set of post cards.
Today's agenda items including reviewing a marketing podcast and reviewing my marketing plan to make sure it's the most cost effective strategy.
7am: Arrived at my federal job =/ Opened work related programs on my computer, downloaded BP podcast show #2 with @Karen Rittenhouse, put my earphones on and ignore everyone at work. (I'm not going in any particular order with the 42 podcast shows)
8am-12pm: Work on fed work while sneaking in real estate license studies. Replying to messages on BP and reading some posts.
12pm: Worked out during lunch time while listening to BP podcast #20. Deadly Mistakes to Avoid with the Bromance Brothers @Joshua Dorkin & @Brandon Turner . Always great stuff with some gentle comedy =p
2pm: Back to work at the fed job. Started listening to BP podcast show #23 with @JamesVermillion, but couldn't finish it because my stupid work phone kept ringing. Will continue tomorrow at 7am.
5pm: Got an offer in and accepted for our flip property!! Finally!! WOOHOO!! BIG NEWS!!