Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
- Real Estate Entrepreneur
- Mid West, East Coast
- 1,232
- Votes |
- 2,968
- Posts
3 deals in a month and half all went BUST!! GOOD OLE Milwaukee!!
In the past month and half I've had 1 SFR and 2 duplexes under contract. I had 2 of the three properties inspected but "NO DEAL". The first SFR had 27K+ worth of differed maintenance(Thumbs down) and I was purchasing the property for around 35K. This was my fault as the wholesaler told me she assessed it at around 20K worth of work but I just had to see for myself SMH. Regarding The two duplexes(Package Deal) the owner was in the arrears for more than what I was purchasing the property for (89K). I felt like a bunch of my time and a little money was wasted.....
I did make some good connections thanks to the wholesaler who found the properties for me so not all bad but just a little frustrating...I always here "TAKE ACTION" and when I do things just seem to go left.
Staying positive, but frustrated.
P.S. I called the realtor I was working with prior to getting the deals from the wholesaler and told her to withdraw all three offers I placed on good properties(which are no longer available by the way) as I had a smoking deal on these two duplexes. Let's just say she was not happy lol!!! I called her back today and said "TAKE ME BACK" and she just laughed.....So back to the drawing board. Stay tuned.