Monday, August 31, 2009

Ok...things are rolling a bit now

First off all, I have to admit blogging is not very high on mt priority list , so I have to work on this.

I spent a lot of time this summer working on websites, some internet marketing education and pushing properties. My priority has been getting upfront work completed AND getting a deal or two done because cash is kind of a priority in my life these days.

So, I have gotten most of the upfront stuff taken care of, so that is really good.

And FINALLY, I have sold 429 Hallett Pl. Cash buyer who is someone I kind of know and is getting into the investing game. Closing is today. Thank God!

The numbers on this deal are great for the flip they want to do, so my fee could have been higher, but I needed to sell this thing. After 3 extensions (one from me, 2 from the seller) payday is finally here. Barring any last minute deal implosions, I will be depositing a much needed check this afternoon.

Now I just need to find a buyer for an occupied duplex I have. It is one I got back in July but let go because we could not get access to check it out. Went back to the seller (who is super motivated) with an offer of $13,100...for an OCCUPIED duplex...and it was accepted immediately. So, I am trying to move it for $19,997, but I am finding that it might be too low. Umm, what?

Anyway, we are currently going through the same access issue, this time from the PM, so who knows, I may end up dropping it again. I do not want to because these sellers have a number of properties available and I would like to take a crack at those as well.

We shall see.