I haven’t felt this scared or excited since I first started our REI business two years ago! I’ve been taking the first steps toward creating our new clinic. I just got off the phone with our attorney, asking him to create a new LLC for this new business. I’m about to fax in our credit [...]
May 31st, 2005
Categories: House 4, House 5, House 6, House 7 . Author: Trisha . Comments: 3 Comments
And jump and down… go and move it all around,
Shake your head to the sound,
Put your hand on the ground
Poetry, it’s not. But the song Mambo #5 goes through my head as things start to look rosier. Or, it could be the ballroom dance lessons we’ve been taking.
Aaaaaahhhhhh…. I’m feeling more relaxed. I just signed [...]
May 27th, 2005
Categories: House 5, House 6, House 7 . Author: Trisha . Comments: No Comments
Just about every day, it occurs to me just how much there is to learn about real estate. One of our offers was beaten. On the other, however, the listing expired!?!?! My agent told me that the VA owned that house. He said that probably the VA wasn’t cooperating with the real estate agent they [...]
May 25th, 2005
Categories: House 6 . Author: Trisha . Comments: 3 Comments
I’ve been conversing with and faxing everything to the lady lender at the bank with the line of credit I told you about for purchasing House 6. I just got a call from her, in which she stated I’m over the debt ratio that is considered “policy” for her bank. Hmmm. So, I recommended we [...]
May 25th, 2005
Categories: Uncategorized . Author: Trisha . Comments: 1 Comment
I read through Brian’s latest posts today and came up with an idea that might help those of you who do a lot of direct dealing with sellers. You could write a newsletter (a quarterly one would be easiest to maintain) detailing your deals with sellers (hell, make ‘em up if you have to). You [...]
May 23rd, 2005
Categories: Uncategorized . Author: Trisha . Comments: 4 Comments
Cancun was, well, stunning. We stayed at Dreams Cancun. Here are pics of the resort: http://www.dreamsresorts.com/cancun/images.html It’s the only resort in Cancun with water on three sides. The margueritas were great, but after the first day of alcoholic fog, I had to switch to Corona! It’s an all-inclusive joint, so everything from the 5 restaurants, [...]
May 23rd, 2005
Categories: House 6 . Author: Trisha . Comments: 2 Comments
Well, I visited the lender guy at the bank, but he was out doing a different closing. I announced in a very aggravated tone to the entire lobby that he never returns my calls. Someone offered to call him on his cell for me. They said he is covering all the closings for the branch [...]
May 15th, 2005
Categories: House 6 . Author: Trisha . Comments: 1 Comment
The lender for House 6 told me he’d call me on Wednesday and let me know how it was going. Did he? No. He also told me he’d be done with his paperwork on Thursday and would be ready to close. Was he? Don’t know, but I seriously doubt it. I received a call yesterday [...]
May 13th, 2005
Categories: House 6 . Author: Trisha . Comments: 3 Comments
Well, one of the two offers I have out there came back and said they had another offer come in. They want my best/highest offer. They’ll choose the highest one. This is for the house that should appraise for $55K once it’s rehabbed. I originally offered $19500. They were asking $26800. It’s in a great [...]
May 12th, 2005
Categories: Uncategorized . Author: Trisha . Comments: 2 Comments
Ok, now, first and foremost, I want everyone to know I am fully in support of anyone looking to better themselves through education and wise investing. I, myself, am still a newer investor. Well, I’m not as new at it as I once was. But, by no means am I an expert yet. Still, I [...]
May 11th, 2005
Categories: Uncategorized . Author: Trisha . Comments: 9 Comments