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Posted about 10 years ago

So now what

19 days ago

It's update time!

Not sure who all is still with me, but I promised updates so here they are.

Recap:

I"m new.

I mailed out 9 letters and got a total of 3 phone calls.

1st caller flaked when it was time to view the property

2nd caller told me he didn't own the property, but gave me the name of who did. (I'm still researching)

3rd caller *happened yesterday* seems interested. Meet me at the property today on my lunch break. Would not give me a number of what she would like to get the property for. IMO it's a tear down. Nice size lot. According to county website it's worth 39K. I've attached pics for review.

Told her I would get back after reviewing numbers. NOW I'M STUCK. Since I'm new I have no idea how to determine repair cost and such. My plan is to get an estimate of tear down cost and go from there since I had intended on wholesaling. Homes in this area sell for around 109K.

That's all I have thus far...

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