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Posts Tagged ‘Contract’

40 Option-Contracts a week

February 1st, 2010
Half Ironman
Image by slagheap via Flickr

Another week has passed and I spent about 15 hours working on my offer-making machine.  Good news; I’ve got it done and it’s ready to kick-out offers (on expired MLS listings).  Bad news; the Option-Contract that I was planning to enclose as part of my offer is garbage.

Originally, I was thinking of just mailing a short letter with a complete standard MLS contract.  Then I had a change of heart and felt the Keep-It-Simple-Stupid principle would be best.  So, I’m opting to send a short letter with an option-contract, perhaps the simplified approach will be better.  I had found this very simple Option-Contract on a forum about two weeks ago and I made some tweaks to it to fit my preferences.  I setup the mail-merge with it and my cover letter, I was feeling like the best thing that ever happened to real estate.  The best that ever did it.  So my gut told me just to shoot over the option-contract to my lawyer just to cover my bases…and I’m glad I did.  I received an email response that was about 5 paragraphs long, the cliff-notes basically explaining that the document was trash.  So…I’ll be stalled on the 40 offers until I get my shiny new option contract back from my lawyer.

The beautiful thing is that I have about 500 expireds to choose from.  I could just pace the offers at 40 each week or maybe just push out more per week to make up for lost time.  This has been a weekly goal for about a month now.

Once I have my new option-contract, perhaps I’ll post in detail of how I created this automated system I now have.  Surely at least one person may learn from it or get an idea for something better.

P.S.
I’m going to step-up my fitness regimen a bit.  I was looking at a measurement that I made back in January of 2009, and back then I had a weight of 210 lbs and percent body fat of 19%.  I then measured myself again about a week ago and now have a weight of 200 lbs and a percent body fat of 17.2%.  Not much of a change.  However, I haven’t really been pushing that hard with workouts.  It’s kind of hard to do so when you’re not specifically training for something.  Very hard.  I can’t wait until I have time for triathlons and such.

- Peace Out

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No Deal, Mail The Offer Anyway

December 2nd, 2009
Very Honest For Sale By Owner Sign
Image by Casey Serin via Flickr

Welp, I spoke with the lady landlord today.  I told her that I could’nt go with the price that we had discussed about her property due to the high-tension lines that she has in the backyard.  She sounded like she was frustrated with me when she said that it was okay, she’s just going to sell it herself.

Oh well, hopefully everything works out for her.  Perhaps she can get a retail owner-occupant in the house, if they either pay cash or obtain a non-FHA loan from a lender that doesn’t mind the power lines in the backyard.  Either way, I’m still going to mail her the offer so that when it’s February and she’s still trying to sell it, that contract with the quick sell will look more appealing.

On another front, I’m finding myself with less and less time to get stuff done.  And I think I know why after I’ve done the math.  I spend 9 hours daily at the 9-5, I sleep at least 6 hours nightly, 2 hours in the gym each evening, 3 combined hours are daily spent on eating, showering, commuting.  That’s 9+6+2+3=20 hours, this leaves me with 4 hours to spare on week nights to look at properties, perform research, blog, and etcetera.  WTF! I try to manage my time as best I can and there still isn’t enough of it!  Weekends are when I’ll really have to compensate for the lack of time on weeknights.  I think the workouts are the major time robbers, especially now since I workout 5 days a week.  But that regimen isn’t going anywhere.  After about a month of consistent workouts and a good diet, I’m about the shape I was in back in college 5 years ago.  By the spring, I should be in the shape of my life.  That’s the goal.

- Peace Out

P.S.
And Tiger in case you’re reading…seriously….I mean seriously?  I don’t condone philandering, but dude if you’re going to do it at least be good at it.  You’ve got to get the pre-paid cell phone and stash it away from wifey, then delete the outgoing/incoming/missed call logs daily.  If she ever finds it, say it’s for emergencies.  Not that I would know anything about how folks cheat…I’m just saying.  Welp, the media is going to have their fun with you for the next few months…Kobe all over again…it will all be back to normal in about a year and a half.

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