Live & Flip

Too Damn Funny

Thanks to Tom over at www.Tomtarrant.com I took action on the probate property I passed. The seller is very motivated and willing to short the property (Notice of Election and Demand went across last week) or take it subject 2. Since I am new to this, I emailed a seasoned pro for help. I'll talk to him tomorrow. I am a motivated investor, so hopefully this deal can help all three of us. Very exciting. Tom, just wanted to thank you again for kicking me in the arse. If anyone hasn't check...

2 steps forward 1 back

I went and looked at the motivated seller probate. Has decent equity but needs some work. The seller is willing to sell what he owes for, I simply have no idea what to do with this odd property. I passed it along to another buyer. If it works out, maybe I can get a bird dog fee. As long as someone can help this seller. I have received a few more negative calls. I'm not taking them to well. Its interesting how some folks are very eager to talk to me and others would rather rip my head ...

New lead and fresh ideas

I received a phone call tonight from a very motivated seller. Came from my generic probate leads. I don't have deceased addresses for those. He lives in Georgia. The house is in a town in southwest Denver area. Needs plenty of work from his explanation. The county records are down, but the house was bought in 98 with a 93k mortgage. Assuming he paid on time, the balance would be 78k. I can't get a good comp on the house and frankly it sits in a crappy spot for home buyers. My guess is 110...

Busy Week

I had a fairly busy week. Sadly very little to help my progress in real estate. I thought I would give a quick update. I am still waiting on the probate house. The owner is still hesitant of selling just yet. The wholesaler is confident that it will happen soon. He doesn't know it, but I am in no hurry. I will keep working all my other deal paths in the mean time. I looked at a house on Thursday. The owner is asking 120k now originally 150k. FMV is 120. Their agent is uninformed. I wou...