From This Day Forward-Kareng's Journal

Sorry about the PO. I went their this past weekend just to get a certified mail sticker, and they don't keep them out. Then I went on another weekend to send some priority mail with preprinted labels from the internet; didn't realize they didn't have tape at the post office anymore. So, yes, their service has gotten shabby!!!

My parents smoked like chimney's too. The main reason they aren't here today! But I know what you mean about feeling horrible after being in it for any period of time. When I was a kid I was a brat to my parents, always waving my hands at their smoke and telling them to stop, stop , stop! If only they'd have listened to me

Glad to see your EDGE connections are working out so good. I have a few great connections from the EDGE too, just wish I could have stayed around after more to connect with people on a deeper level. Sounds like you are ready to take off any minute now! Can't wait to read about your first deal!

So today, back to the PO to retake the bulk mail class. (sigh)

Same lady.

She is actually very nice. Once again, I asked questions and more questions! Nobody else said much but turns out most of them weren't getting it either.

I WAS NOT LEAVING UNTIL I GOT IT! So, after six hours... (Joking )

I went to my car and brought everything in. Even though I cannot send it out at this location. It must be mailed where you set up your acct--which I did @ PO closest to where I live. I had most everything right. Just a few tweaks!

THEN!!!! The bomb dropped!

My VA (virtual asst) had prepared the address list according to the zip codes I wanted to work. For some reason she put "Los Angeles" on all the addresses instead of things like "North Hollywood", "Santa Monica", etc. So unless I have them redone with the correct town in the address, I pay full price! (deep breath)

No problem!

I actually was not really upset. At least I know how to do it now.

All I have to do is get the VA to remake my labels, reprint them, spend nine more hours resticking them and i will be set to go.

And why is it that some people don't stick with this career???

Funny thing is, I don't even consider quitting when this cr@& happens. As many of us know, that is not an option for us.

Just another day at the office.

What a terrible mishap! How extremely frustrating, but I LOVE your great attitude about everything. I think I need to hire a VA. Did you get one in the Philippines? I have heard a lot about doing that, and I think I REALLY need one, but it just goes to show, an assistant has to be shown everything!

I hope you have a better day tomorrow!

My VA is out of FL. I think she may be Filipino though.

She was referred to me by someone else who uses her.

I have sent her an email about our "situation" but not heard from her yet. It was probably about 8:00 her time so hopefully in the morning I will have a response.

I have some short sale offers in for B of A short sales in my town in California. The addendum says you can't enter contract or resale after closing until 30 days later. The agent says it is 90 - anyone with experience with B of A short sale addendums? No way I am waiting 90 days to flip it.

Judi

Judi Another thing I ran into is with FHA you can't make more than 20% profit on a property in less then 90 days.

I believe the agent may be getting confused with a property bought with a FHA loan, which do require a 90 day waiting period before it is flipped.

I never heard anything about a waiting period for a regular short sale...I guess it depends on the bank and what is in the contract.

Valerie

OMG!!!!! Karen did you see video 3 . HAHAHAHAHAHAHAAHAHA! you know who told me to do that?

Pete convinced me to do that at lunch LOL OMG scary stuff LOL

Now I have to stay up and watch the video with this curiosity you've built in me! Its 2:30am in the morning girl! Can't wait to see it.

Short sales are an area that I know nothing about. This would be a good subject for a new thread. Not meaning I mind you asking it here. Maybe more people will see it.

I have not watched it yet. But NOW I am like Tammy. Gotta go see it just to see what you are talking about.

BTW, it is REALLY good to see you out and about again.

now I see why you haven't been around much lately-you've been too busy being a movie star
that is so great!!!
Video 3 was awesome!!! I have to watch it again while it's still up-amazing!

I have to try the spaghetti recipe too

Flying out in the morning to a new destination to check out some properties that another DGer is offering.

Keep your fingers crossed for me that this works out to be a big win/win for everybody!

You did such a great job! And you looked so cute!!!

Nice to see that you are still working away.

Wow, this is so awesome to hear. You really are doing great things getting to go all over the country. I wanted some advice on my lease option agreement. This is a little different; I'm actually buying a bulk REO property that I won't have the deed for for up to 180 days and have to make my own lease option. The property is not inhabitable, and part of the option payment is him fixing up the property so its habitable. (He is a general contractor andwill be living there once he fixes it up). But, this is my first lease option, and of course its difficult beyond anything normal and easy (why don't I just do EASY things? LOL) The SA suggested keeping the Lease and the option together; but i always thought it was better to have a separate lease and option; but given the situation of it not being inhabitable, a lease really isn't feasible. What are your thoughts about this?

Hey karen,

I hope it works out GOOD LUCK!!!! We all want to see you have a deal.

Tammy,

are you leasing the property to the contractor? Or are you buying the property via lease option. You said it was a bulk reo right? Did you get more than one property?

have great trip; I hope things work out for you. Call me if you can't sleep with the time zone changes
You are doing great; keep focusing on your goals; you've got your foundation all laid out, ready for your deals to start rolling in...

I am very excited for you!

Valerie

turns out , yes, I did get more than one property. They threw in the lot next door with the deal. I am buying it outright from a bulk REO buyer, and L/O it to the buyer, because IN laws are very ambiguous and confusing as far as doing a land contract from an investor to a buyer living in the property; so I made it a custom lease option I've been writing up. (having a lawyer look it over Monday) (Its this deal: http://www.deangraziosi.com/real-estate-forums/my-deals/85496/deal-9-i-c...)

Makeba, btw, When I put my picture up on facebook with you last week I had no idea I was putting up a picture with the a movie star seen by over 20,000 people! Congrats Makeba!

Let's talk in the next couple of days. I will be free in the evenings and will be on Central time.

Anyone here on facebook or twitter?

If your close to KC Karen I would love to see you again. I owe you a big fat dinner:) and some hugs and so much more Plus I just miss ya!!!

Karen if you have any questions or need my help call Ill be around.

Hi Karen; Yours is the first journal I am attempting to read. Made it to thread #75 and will finish later. I also tried doing L/Ops for about a year up here in Santa Cruz Ca. I was using pre-foreclosures letters (to locate possible motivated sellers),sent to homeowners since I am terrible about cold-calling them directly (which did not work). I first tried going door to door which did not work either (they where all hoping they good stay in their house while they leased it). So after a couple months away from this I am trying a diff. approach, that you might have.

Andrew S

Most of us here are on FB at least. I don't Tweet as of right now.

Friend me, "Karen Barrett Griffin" and I will hook you up with a lot of the others if you like.

Karen

investorinmissouri wrote:

If your close to KC Karen I would love to see you again. I owe you a big fat dinner:) and some hugs and so much more Plus I just miss ya!!!

Unfortunately, I am not going to be close to KC.

I miss you, too! Seems like it has been FOREVER since The Edge!

Karen

I may give you a call tonight.

I have died and gone to Buy and Hold heaven!!! Or Flip Heaven!

UNBELIEVABLE!!!!

I am flattered that you chose my journal to be the first one you have read.

Good luck with your L/Os. Sometimes it just takes a while to get things going.

Good luck!

Karen

I left sunny CA and wonderful 80 degree temps on Sun morning and boarded a plane back East. After my way out of the way connections and a HUGE delay due to weather (3-4) hours I finally arrived @ my hotel between 2-3am. Exhausted. Then, I was kept awake for several hours with Charlie horses in my legs from being on the plane and at the a/p so long.

Nevertheless, the next morning I was ready when my ride picked me up to go tour the area and see houses that they have available. I have been absolutely AMAZED! We have been seeing really, really good props for CHEAP! Yes, they need some rehab and TLC but it is not that extensive on most of the ones I have been seeing.

The word is out that these guys are buying props and all day that we were out, they were getting calls from people offering to sell to them and renters anxious to get into their new homes.

I have already found four that I am working out deals on and I still have two days here.

If any of you have cash and are looking for property that you can pick up for less than $10K, spend a few thousand on rehab and then rent for $525-$650/month, get in touch with me. I can help you find it. And, believe me, it is FOR REAL! That is why I came here personally to check it out "live and in color"! WOW!

I have already made up a list of inspectors here before I left CA and have spoken with a couple of them. So I will have these props cked out (inspected) and do title searches.

This is VERY exciting!!! If I could make that VERY any bigger, I certainly would!

Karen

Karen, Thanks for the encouragement! By the way, where are the deals you found for 10k each plus rehab? I may be able to tap into my IRA.

Thanks

Andrew