Archive
Furlough Productivity
Accountability Monday – 12/29
Last Weeks’ goals:
1. Submit a total of 20 offers on MLS properties FAIL
2. Submit an offer on at least one REO property FAIL
3. Make at least one offer on a FSBO FAIL
I will not lose
Accountability Monday – 12/21
Last weeks’ goals:
1. Submit a total of 20 offers on MLS properties FAIL
2. Submit an offer on at least one REO property FAIL
3. Make at least one offer on a FSBO FAIL
Mo’ Work – No Money
Finding a buyer…The race is on
As of late last week, I secured a 5/2 property that’s in serious disrepair.? I got it at a steal and hope to wholesale it to a cash buyer.? I would discuss numbers, but the potential buyer could be reading this right now.? You never know who finds what you do online after a good ole’ Google search.? I only have until January 9th before my inspection contingency expires and I have to close on the property.? If I have to close on the property I could continue my efforst to wholesale, or complete the rehab myself.? There is about 30k in rehab profit potential on this house, so the flip seems tempting.? But then again, I’ve never done a flip and am not a flipper.? We can just consider flipping the house myself as plan C.? But with the wholesale option still as plan A, I am going to really ramp-up marketing on this thing and see what I can come up with.
Accountability Monday – 12/14
Another Monday is here and I’m just going to make a brief check-in. My targets set on last Monday was to:
Brochures, Flyers, etc
This weekend I feel like I got alot done, but as always there is so much left to accomplish. I tracked down 162 landlords and mailed them the letter that I mentioned a couple of days ago. Hand-addressing all of those letters was not the best use of my time, but I am so strapped for cash right now, I had no choice. I think all of those letters took about a combined 6 hours to complete. I got those dropped those letters in the mail today, so I figure that I should get some calls beginning Tuesday or Wednesday. I project that I’ll get about 10 serious cash-buyers from the deal. That would make the effort worth it, at the least.

