Tuesday, April 21, 2009

Ok, well I have done it. As you can see, I have sort of lost track of this blog, but in the words of Jack Nicholson in the "Shining" Iiiiiiiimmmm baaaaaccckkkkk".

But I am back armed with a plan. But first let me tell you what has been happening to me "in the trenches"

3 DEALS WERE accepted...YES!!!!! I was salivating for my first check. I was waiting to be the person IN THE PHOTO, on the VIDEO exclaiming how IN MY FIRST commercial DEAL I made....blah, blah, blah...BUT THEN if that happened I WOULD BE SAYING THAT RIGHT NOW. and this would not be COMMERCIAL REAL ESTATE EXPOSED.. in the TRENCHES now, would it?

So here we are sometime around January, I am feeling good and THEN these things happened..
1. Our mobile park deal BLEW UP, because we did not respond to the seller in time and he WENT BACK out of town. When he got back in town, HIS AGENT SIMPLY stopped responding to us..I am assuming he did not take us seriously or had another offer, either way. ONE DOWN

2.The second mobile park deal WAS NOT MOTIVATED..at one time, the seller agreed and then changed HIS MIND IN 3 DAYS...we were 30K apart in price(yes, that is a big deal) and then NOTHING...the agent is now trying to sell us other properties

3.THE BIG CAHUNA...5MILL PROPERTY that we were salivating for FELL DOWN..we found in the published literature that the AGENT gave us that there was a PCB pioing problem and although the sellers were motivated, they were not that MOTIVATED TO FIX that pesky problem that would have cost us 300-400k immediately upon delivery... So that stinks..

Now, I am back at square one, LOOKING UP 400+ MORE PROPERTIES...and emailing 20 agents and getting ready to crank up the LOI's again(my new goal is 14 per week)...I promise I will keep going until my time comes and I PROMISE TO POST THE PICTURE....

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