Make Every Day Count Journal

Hello Joe and Stacey

It was a very busy day at work but I did manage to look up some properties today on Realtor.com as well as Trulia and FSBO. I found a few possibilities. I also received the postcards I order and will use them over the weekend put in the mailboxes of pre-foreclosures and foreclosure properties listed on protrend.

Thanks for the constant encouragement.

Peace & Blessings

Hey Joe and Stacey!

last couple days I have been interviewing property management companies, following up on duplex offer, attended REI, and followed up with bank for cash of refi which has been taking forever. I really need to look at another bank so I have a couple options on these next couple buy and holds. Missed the livecast but watched the replay. Today I fly north to help out at a RE event thru sunday sharing my story and helping others to believe in themselves and start taking action!

Hey Donna: Go NINERS!

Make it a day!
Thom

today I have an interview with a potential property mgr. and have a couple properties to look at.

Hello Joe and Stacey

Hope all is good for you. Its been a decent day. I have found some potential properties and hope to see them this weekend. That's exciting.

Peace & Blessings.

Sounds like you have been busy the past few days. It is always good to use more than one resource to find leads for potential deals. Realtor.com and FSBOs are a great ways to find leads as well as the pre-foreclosures. Keep up the good work abd keep things rolling all weekend. Make everyday count. Believe and Achieve! - Joe

Yes, ana appraiser can make your day. Good luck with this one on Saturday. Each day we learn things that can help us today or in the future with real estate. Continue to make every day count. Believe and Achieve! - Joe

Sounds like a few plate again and still finding time to share and give back, that's great. Try looking for banks on www.yp.com and ask others for referrals of banks. Good luck. Continue to make everyday count. Believe and Achieve! - Joe and Stacey

Hope the interview and the proeprty viewing went well. We looked at a few proeprties today where the photos on the listing always look so much better than the actual property. Continue to make eveyr day count. Believe and Achieve! - Joe and Stacey

Hello Joe and Stacey

Spent some time today handing out my postcards and placing them in businesses in my area. I was hoping to do more today but I'm glad I was able to do that. Have a great weekend.

Peace & Blessings

Oh its Friday already!!!
Tuesday i had my first meeting with my new assistant. We have started!
Wednesday, We had a meeting with our top investor. He is excited but reserved. I have to prove my self to him. I finalized our strategic plan and started execution,
Thursday worked at my JOB, but managed to make a few calls.
Friday Had great day, good business meeting this AM. We made some financial goals for this year. preparing to close on our commercial refi of 5 properties, 3 MLS offers submitted. got 5 ghost ad call and spoke to 3 of them. All of them sound promising so far. i have my next LO buyer lined for next Thursday.

I took the past couple of days to make sure my appraisal went well. One little improvement lead to another and then another. Although I got a little sidetracked, I learned from the experience. I now know that I won't be doing repairs on rehabs myself, it's fun and I'm pretty good for little experience, but the pro's could do it faster and better. I learned how to put together a nice looking proposal, which will help me when advertising my future props. I also learned a lot about my neighborhood, so much that I realized that the amount I am hoping for should be no problem and my condo may appraise even higher. It's awesome to know my first purchase at $65K has gone up $30K in 2 years.

Today I am taking advantage of the weather and I am going out in person to hunt for properties. I am also touring the luxury high rise apartment complex next door that is pre-booking before it opens next month. Rents range from $1600 for 1 bed to $3600 for a 2 bed. I want to see what I am competing with when I turn this condo into a rental and if I purchase more in the building.

Loving Life!
Bob

Just one thing a day no matter how short or simple can make the difference. Each day it is like we are planting seeds that will sprout deals in the future. Have a great weekend. Continue to make everyday count! Believe and Achieve! - Joe and Stacey

Sounds like you had a very productive week. Each day we can accomplish more by have a plan and sometimes starting a little earlier in the AM. Refis are a great way to leverage other resources. Keep up the good work. Make everyday count. Believe and Achieve! - Joe

We are glad to hear the appraisal went well. Often you learn lessons such as the less we do the more we can make. Paying others to help us and creating a system goes a long way. Have fun tourin the luxury units that is always fun and you can learn with ervey price property. Make everyday count. Believe and Achieve! - Joe and Stacey

I just got back from weekend training today. It was a great experience to see people getting excited to get started and think back to what it was like for me 2 years ago when I got started. Such a life changing decision if we make it that way!

Thank you for the advice about the banks thru yp.com. I found a few small community banks to call and qualify. We sign the final papers for cash out refi tomorrow, finally yes!

Make it a great day!
Thom

Glad you had a good time at the weekend training. I believe education is the best investment you can make whether you are learning or teaching, you in turn are always learning something new. Congrats on the refis. continue to make it a great day, week, month by making everyday count. Believe and Achieve! - Joe

I think I have a touch of the flu today, unless all the work I have been doing the past few weeks is finally catching up, but it's not going to stop me!

I decided rather than calling (my voice is a little rough) any contacts or meeting anyone in person, I thought I would take the time today to work alone and not pass whatever I have on to the next person. I am working on my Asset Protection and doing a little prep for my taxes. I am also making some new bandit signs. The good news is no matter how bad I feel I can always put on the headphones, close my eyes and listen to past conference calls to keep me going!

Going to make it a good day!
Bob

Hello Joe & Stacey

I renewed my ads on craigslist and I created some new ones. I also have a list of potential sellers from Proptrend that I will be sending a mailing too this week. The open houses I planned to attend did not happen but I'm not discouraged. My big goal this week is to find at least one property to see.

Peace & Blessings

Signed the docs for the refinance:
70k at 4.875% 30 yr fixed.
Had 80k in it.
appraised for 105k
rents for $1100
principle interest: 377
taxes: 73
insurance: hazard & flood: 77

Not much else today, just trying to get caught up and prioritize my RE goals:
1.)make offers, follow up on leads (NOW)
2.)finish sos video (by end of weekend)
3,)send out mailers (By Feb 4th)
4.)get insurance and finalize rehab scope for new buy/hold (NOW)
5.) get remodeled triplex rented and cash flowing for refi (Feb 1st)
6.) finalize website & get new business cards (March 1st)

Yikes I gotta get back to work so much to keep getting done. I just gotta keep moving forward one day at a time!

Joe and Stacey thank you for the encouragement!

Happy Monday!
Thom

Hope you feel better and nothing like a glass of orange juice, chicken soup or a great deal to make you feel better. The little things we do each day build toward a bigger brighter tomorrow. Hope you have a great day. Make every day count. Believe and Achieve! - Joe

Each day we keep up with what is going on in our local market the more we will understand what the market is doing and the type of offers we should make. Keep up the good work and each day you will learn more that will assist you in making better calculated offers. Make every day count. Believe and Achieve! - Joe and Stacey

Sounds like the refinance worked out rather well, congrats. It is always a good feeling to leverage other peoples money such as a bank. Good work on to up date your to do list. Things can then be organized in order of priorities. Keep it moving forward by making every day count. Believe and Achieve! - Joe and Stacey

Hello Joe and Stacey

I spent some time today doing property searches and identifying the hot spots in my area. I also placed some new ads in addition to my other ads that I have up. I will be joining the chat this evening on IE. Even though I'm moving a bit slower than others here, I do feel the momentum of moving and doing. This journal helps a great deal. Thanks a lot.

Peace & Blessings

Day job beat me up yesterday...really get frustrated sometimes with the way the business is run and look forward to being my own boss quickly. Ok so today is a new day and I will make it great!!

I received verbal agreement from bandit sign lead from a couple weeks ago where the cousin had passed. They said they would accept 30k offer. The 1bed/1bath house is run down but it is zoned R2 for duplex so i feel there is value and cash flow potential. I need to follow up with the city to see potential cost of getting another house on the lot. Not sure about keeping this one but I believe there is value and I could wholesale it to someone. I will meet them feb 1st weekend to sign docs. The elderly brother and sister have to meet with an attorney Thursday since it is still in their father's name.

Following up with contractors and insurance today. Confirmed last night that i get to be part of another RE training this extended weekend, this time in San Diego.

Make it a great day!
Thom

Submitted offers Friday~ 2 accepted on Tuesday
started interviews did 5 Tuesday.found one I like so far. Followed up on 5 leads posted ghost ads
Wednesday work at the hospital finalized negotiation with a bank ! And got what i wanted!
Tomorrow will be very busy for me

Keep up the good work. Each dya builds on the next. Every task you complete will have positive impact on your real estate business. Even if you just look at homes on realtor.com or post one ad, it is progress. Make every day count. Believe and Achieve! - Joe and Stacey

The good thing is the day job continues to give you motivation to build your real estate business. Sounds like your getting closer on that estate deal. Be sure to cover all bases with the city and ordinances. A little due diligence will go a long way. Congrats on the RE training, that is a way to give back. Keep up the good work. Continue to make every day count. Believe and Achieve! - Joe and Stacey

Congrats on the deals as well as the negotiations with the bank. Negotiaition is such a key with doing deals. Patience pays off. Keep up the good work and continue to make every day count. Be sure to take a little time to celebrate the recent deals. Believe and Achieve! - Joe and Stacey

My appraisal came back yesterday and it was a lot lower than expected. It appraised at nearly $40 less per square foot than the lowest in the building. Even the person handling the mortgage was a little baffled. So today we are going to find out if the appraisal can be challenged and changed. You won't know unless you ask!

Today: a little training this morning, and then driving for $$$, distributing dropcards and business cards. I haven't received any calls from my dropcards yet but it gets my name out there.

Bob,
Learning something new everyday!

I know the frustrations of the day job as well. Anytime I get frustrated with the job, I have been writing it down. Not only to motivate me to put a little more effort into REI, but also to remember the things I didn't like so I don't do the same thing to potential future employees. It sounds like you are having success in RE already, so hang in there and you will be your own boss before you know it! Keep up the good work it's encouraging!!

Bob