Laura J's Journal

Laura J's Journal

Hi all - I havent posted in a while- (I've fallen off the top user list, boo hoo!) Bu finally have some new info to post! Closing my first flip on monday, the 29th. There was a little delay when at the last minute the buyers title company wanted info on my LLC - but its all good to go. And amazingly - for those of you who read my story in other posts - this house sold in ONE week! There is another on the street 4 doors down that has been for sale for months. And now I have found a bank repo/short sale right next door to that - 3 doors down from my flip! Its in awful shape, and I am preparing a detailed proposal backing my low offer with pictures, repair estimates, low comps - and best of all - the fact that I am 'experienced' from just buying/fixing/selling one on same street. The one I just sold I paid 225,00 for, and it was in better shape than this one that the bank is asking 269,000! So I figure if they dont take my offer I'll tell them to hold on to it and call me when they're ready. Oh - I'm offering 150,500, figuring on countering back and forth a little. So we'll see....I just cant wait to get my hand on my next rehab! I will be submitting the offer by end of the week, and will share this experience as it goes along.
Best to everyone,
Laura


Laura

I have wanted to go to Australia for 30 years. I have enjoyed reading your journal. I hope you have are having a good time visiting you mom. I am not surprised to see that you are doing REI even away from home. Thank you for the Probate info. I am going to read through that thread to glean as much info as I can. I have tried to get into probate and I checked out the newspaper classifieds but didn't get very far with that. I sounds like going to the court house and asking for the Registrar of Wills will be a lot more productive. I will let you know how it works out in Polk county FL. If you don't mind, I haven't been able to find where you invested in FL property. Where is it located? Keep us posted on all your exciting adventures.

Tim

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Tim
Keep on Keeping On !!! Expect it, God has already given it to you. You just need to get out there and grab it!
If you want to follow my journal:
http://www.deangraziosi.com/real-estate-forums/investing-journals/33874

Do not fear, for I am with you; do not be dismayed, for I am your God.I will strengthen you and help you; I will uphold you with my righteous right hand. Isaiah 41:10


Laura, whats going on? Let

Laura, whats going on? Let me know when your back, I may have found a break through on the mortgage front. I will know this week as I have a few calls coming in. I think I posted it in my journal. But I will talk to you about it after I get done talking to both parties. Hopefully by Monday.
Gotta catch up with ya anyway to see how things are going, talk to you soon my friend.

Richie


laura

just wanted to check in with you,haven't talked to you or rina in quite awhile.
orderd my sfl system but haven't gotten it yet.i'm so ready to check the mail everyday lol.i never check the mail so this is big for me.anyway just stopped by to say hi and keep moving forward,rob

__________________

whether you think you can or you think you can't, you're right.- Henry Ford
keep moving forward, rob


Thank you Laura

Wow... What a journal thanks for directing me to Randys journal. I've been learning a lot..

Watching the Edge 2010 now... Great stuff!!!

Blessings,
Barb

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Owen Properties, LLC


Wow

I really havent posted since 8-28?!?! Unbelievable!
Quick update before replying to the posts above....
Happily I have a contract on one of my flips!
If all goes well I will close on that Oct 14th.
Two others are complete and on the market, one more being finished up.
So all is well on the RE front for me.
Oh - if anyone is interested in an awesome cash flow property in Kansas City send me a PM. Complete, with renter and property mgr in place! Positive cash flow will be $700 a month!


Chris

Thats awesome that the town you want to invest in is only 4 hours away. That is definitely doable for weekend trips to supervise rehabs and/or do property searches. There are alot of great investments to be had in Pa. for sure! Look forward to following your progress Smiling


Hi Tim!

Glad you found the probate info helpful. There are many good deals to be found this way. Its funny - both my first deals were probate properties and I didnt even know it at the time. Once was a FSBO and the other on the MLS. But if you can find a way to locate them earlier you will be that much ahead of the game. Appreciate you sending me info on some of the deals you find too - one day I'm sure things will fall in place for us to complete a deal together Smiling Oh yeah - the property I own in Florida is in Pt St. Lucie.


Richie!

Hey my friend - you and I have just caught up on the phone - thanks for the D&B info and bank contact! So happy your rehab is nearly done - soon you will be happily be receiving rental income - yay! Hope you enjoyed your weekend, and really hope you and Shane find the time to connect sometime soon!


Laura,

I have noticed that you are making the rounds tonight as I have been. I am glad to hear you are busy and deals are closing and properties are ready. I wish I could take advantage of that deal in KC. I guess I am glad to just be able to get around a little. If you are busy, that is good. Don't forget to take time out for YOU.

Tim

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Tim
Keep on Keeping On !!! Expect it, God has already given it to you. You just need to get out there and grab it!
If you want to follow my journal:
http://www.deangraziosi.com/real-estate-forums/investing-journals/33874

Do not fear, for I am with you; do not be dismayed, for I am your God.I will strengthen you and help you; I will uphold you with my righteous right hand. Isaiah 41:10


Rob

Hi! Just posted in your journal and then came and see you posted here! Hope your SFL system came and that its just what you needed to get you going! I'll be watching haha Smiling


Hi Barb!

Thanks for stopping by - and I'm so glad you have enjoyed my journal Smiling What a great experience this has all been - good and bad! And keep following Randy - he is so smart in RE we are all lucky that he takes the time to share it with us! Hope all is well with you too!


Hi Laura!

Just wanted to pop in and say hello. Hope all is going great for you these days Smiling Have a wonderful and successful week!! Smiling

Lea


Hey Laura!!

Whats going on Buddy. I know you have been right here all along but for some reason I miss you. You are doing great in Real Estate and you continue and continue to be a source of inspiration for me and I so appreciate this from you. I know you are doing what you do to have the lifestyle that you so choose but believe it or not you carry the REI olympic torch for so many others too and all I can say is Thank YOU and it could not have gone to a more deserving person. Keep up the Great Work and I will see you at the TOP!

Regards,
Shane

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"People Build People"


laura

well, i come here and you go there.my breath can't be that bad lol.
got my edge '10 from my sfl but that's all that was in it.is that all i'm supposed to have do you know?i thought there'd be software for the sfl but i don't know. thanks for stopping by my journal and don't be a stranger. keep moving forward,rob

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whether you think you can or you think you can't, you're right.- Henry Ford
keep moving forward, rob


Hi Laura,

You must be busy. I see you have not been able to get back on here for over a week now. I have some what the same problem. When we do get back, we both make the rounds to keep in touch and keep up with everyone's progress. I can't wait to hear what has happened since the 12th. Thanks for you encouragement.

Tim

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Tim
Keep on Keeping On !!! Expect it, God has already given it to you. You just need to get out there and grab it!
If you want to follow my journal:
http://www.deangraziosi.com/real-estate-forums/investing-journals/33874

Do not fear, for I am with you; do not be dismayed, for I am your God.I will strengthen you and help you; I will uphold you with my righteous right hand. Isaiah 41:10


laura

hi laura,just wanted to stop by and say hello,havent been on much here trying to study the sfl as much as i can.What an amazing software system !!! hope all is good with you and congrats on the flip!!!!!!! talk soon
jay

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Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...


What did I miss!!! You

What did I miss!!! You closed on the flip??
When you get back from vaca dial me up, I am curious if you closed or not Smiling
I am so jelous ,your on vaca again lol, god bless my friend Smiling
living the dream, you go Laura!!
talk soon
Richie


Hola DG Amigos!!

Hey all -
Gee its nice to be missed!!
I am sitting in the airport in Chicago with a 4 hour layover for my flight home. Met fabulous friends in Mexico for a week - what a great vacation! Now back to business so I can pay for it all haha!!!
Lea, Shane, Rob, Tim and Jay - always nice to see you guys in my journal Smiling
Richie - I am scheduled to close my flip the 14th. Havent been online while away, and no emails from my realtor to the contrary so I'm figuring all is on as planned.
I DID have an email from her however, that a joint flip house with Rina should have an incoming offer tomorrow - so how sweet is that? Go away and come back to deals happening while I was gone.
Absolutely astounding Smiling


Laura

I am jealous too. I wish I could take just one vacation. Glad to hear your deals are working while you are playing. That's the way of a successful REI. Go get em Laura!

__________________

Tim
Keep on Keeping On !!! Expect it, God has already given it to you. You just need to get out there and grab it!
If you want to follow my journal:
http://www.deangraziosi.com/real-estate-forums/investing-journals/33874

Do not fear, for I am with you; do not be dismayed, for I am your God.I will strengthen you and help you; I will uphold you with my righteous right hand. Isaiah 41:10


Oops

Well, I'm still on track for an Oct 14 closing on my personal flip in Minnesota, but unfortunately the email about an incoming offer on the one I own with Rina was a mistake. The office girl was new and confused the agents....so still waiting on that one. Our other one has taken much longer than expected to complete - ugh! Work is scheduled to be done Friday so i will do final touch ups and cleaning over the weekend and get it on the market!!! It will be real nice to pull my money back out of these deals! I'm still on edge a bit after reading Bills posts about getting rid of flips FAST....but am trusting that we are presenting great deals so they will move. At least we have enough wiggle room that we can present a very attractive sales price and still come out on top. Maybe not what we were hoping for - but still a win!


Laura

you always think like an investor and that is so cool! i just want to be like that and hopefully after a couple deals, it will come more naturally. Smiling you are doing an awesome job.

__________________

Linda, Army EOD Mom
you can follow my journal at http://www.deangraziosi.com/real-estate-forums/investing-journals/45351/...
IT'S ALL GOOD AND EVERYTHING IS WORKING OUT PERFECTLY FOR ME!
Fear equals:
False
Evidence
Appearing
Real


A Great Journey

Hi Laura,

Keep posting your experiences. What a great learning tool for all us newbies.
God bless.

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Shellsell


Hi Laura

You have me on the edge of my seat with these deals. I can't wait to hear that you have an offer on the property you and Rina have. I know good things will happen for you because ou are determined and continue learning and taking action all the time. You are proof of the wonderful things that can be done in this REI world we live in and are an inspiration to many Smiling I'm happy to hear that the other property is so close to completion and glad that it will be a win for you! Like everything in life that we focus on we just keep getting better all the time. On the next flip you will have even more knowledge and experience.

Lea


Welcome Back To The Red, White, And Blue ( And Green) ...

Hope your vacation in Mexico hit the spot.

And how nice that things were brewing here ... while you were tanning there !!!

Looking forward to hearing more about what creative deals you're up to ...

Welcome home, Senorita.

~ S


Laura,

I am sure that deal you are doing with Rina will come together soon. I read Bill's admonition to flip fast too. I don't remember him explaining why. Do you? Get back here and update us on what's up. Thank you Laura for being you.

__________________

Tim
Keep on Keeping On !!! Expect it, God has already given it to you. You just need to get out there and grab it!
If you want to follow my journal:
http://www.deangraziosi.com/real-estate-forums/investing-journals/33874

Do not fear, for I am with you; do not be dismayed, for I am your God.I will strengthen you and help you; I will uphold you with my righteous right hand. Isaiah 41:10


laura

just thought i'd stop in and say hi and welcome back from tequilaville lol.
hope everything is going well for you all.keep moving forward,rob

__________________

whether you think you can or you think you can't, you're right.- Henry Ford
keep moving forward, rob


Linda

Thanks for stopping by as always! I can assure you my friend, that more you do this, the more you think creatively and ideas come into your head! Its a very exciting learning process that NEVER stops and thats one of the many things I love about RE! Smiling


Rob and Shelly

Thanks so much for stopping by my journal and taking the time to post! And of course welcome to the DG family! I am honored that my story is able to inspire and encourage anyone else to follow their dreams in RE. Its truly amazing where my life has gone in just over 2 years! I still am afraid to pinch myself when I wake up lol :)All the best to you guys!!


Lea

Greetings my DG sista! Its always SO nice when I've been away from the site too long to come on and see all of the posts! Its a feeling I cant describe to have so many great 'virtual' friends who are always there and always full of encouragement and knowledge. Amazing! And yes - we learn from every deal we do and every little step we take brings us closer to success, and makes us smarter in the process. Thanks for all your support Smiling


Sherri

Hello friend! Thanks for stopping by and posting Smiling Vacation was great - but you always pay for them by being super busy catching up when you get back! Trust me - thats NOT a complaint you here though haha. Nice to see you back posting Smiling