Follow The Offer IV

August 12, 2010

I’ve love to say I had a status on the offer we made last week that I’ve been posting about…
But, unfortunately, still no word. We called the listing agent yesterday to ask the status, she said she’d look into it and get right back to us, and then no return phone call. It’s [...]

3 comments Read the full article →

Follow The Offer III

August 9, 2010

Not much to report on the status of the offer I’ve been discussing…
As I mentioned in my last post, the listing agent asked for our best offer last week, and we still haven’t heard anything from the bank. Assuming this were a true “highest and best” situation where there were multiple bidders, I would [...]

3 comments Read the full article →

Follow The Offer II

August 5, 2010

I posted yesterday the details of our latest property negotiations. As I mentioned, we had made an offer, the bank countered our offer, and we had just submitted a second counter-offer to the bank…
This morning, the bank responded by requesting our “highest and best” offer. This essentially means that the bank doesn’t particularly [...]

5 comments Read the full article →

Follow The Offer

August 4, 2010

Not much to write about today, but since I get a lot of questions asking about the negotiation process I go through with my REO offers, I thought I would share the details of the latest house we’re in the process of negotiating. I don’t know if we’ll end up getting the house or [...]

6 comments Read the full article →

Puppy Update

August 3, 2010

I posted yesterday about the puppy we found in the vacant house over the weekend, and since I’ve gotten a lot of queries about how he’s doing, I wanted to post a follow-up…
My brother picked the pup up from the vet Monday evening, and the vet basically said that he has some neurological issues and [...]

5 comments Read the full article →

The Puppy House

August 2, 2010

I wish I could say The Puppy House was our next purchase, but unfortunately we just found out that the bank has already accepted a contract on it, so it doesn’t look like we’ll be buying it.
So, you may be wondering, why does this particular house warrant its own name and blog post? [...]

6 comments Read the full article →

123Flip Newsletter

July 29, 2010

I’ve had a Newsletter Signup form on my website for over a year now, and while I’ve had a lot of people sign up, I never started sending our 123Flip.com Newsletter…
I’m planning to change that, and will be starting to send a regular newsletter within the next couple weeks or so. I plan to [...]

7 comments Read the full article →

Back In The Hunt

July 27, 2010

Spent the weekend looking at a bunch of properties for the first time in a while. I was pleasantly surprised that there were some seemingly good deals out there, but at the same time, when I talked to the listing agents to get their status, it appears many of them either already had offers [...]

3 comments Read the full article →

Staging #7: Pictures

July 26, 2010

Well, we’re finally back in the swing of things…we spent a good chunk of the weekend looking at houses, and plan to put in a few offers today…
On the staging front, we haven’t been marketing the staging to other investors, though a few have found us…but now that we have so much furniture out there [...]

3 comments Read the full article →

Staging #6: Pictures

July 19, 2010

I’m still behind on posting pictures of the staging jobs my wife has been undertaking the past couple months.
About a month ago, she finished her sixth job for an investor who is selling a small house in downtown Atlanta. The house is a 2 bedroom, 2 bath, with an open kitchen, dining room, and [...]

14 comments Read the full article →