(33) Rental Portfolio Deal - Big Potential
I had a seller call a week ago and have had to follow up with him a couple of times since then. He's looking to sell (33) rentals and I have a buyer for all of them. His asking price is high, but he's willing to work with me on the package.
There is a huge potential for this deal and I'm excited about the end result!
The Draper deal is still in Title Search. I haven't heard back from the Title Company yet, but I'll give the seller a call today to follow up.
I received a call for a house that is $13k behind in mortgage and $800 in HOA. I'm putting them in touch with my REA for a shortsale.
I've got the BiggerPockets meetup to organize for this Friday. Always excited about getting together again with the crew!
Oh, I got a call from a man and woman telling me my bandit sign fell off a wooden pole and busted their windshield. They said, "There is a round hole in my passenger side windshield and we haven't filed a police report yet because we thought you may want to just pay out of pocket." I called them back and told them to send me the police report and a picture of the damage and I'll have my insurance company take care of it =) Ha I'm eagerly waiting their response.
MONDAY, OCTOBER 28, 2013
JHP ACTION GOAL:
1) (1wk) Send Direct Mail to Cash Buyers:
2) Visit the 20+ Rentals and Create Presentation:
3) Build Buyers List Direct Mail to 400:RD Startup
ACTION GOALS:
1) (3wks) Complete Remaining Business Plan:
2) (3wks) Revise Business Plan:
3) Create Startup Financials:
PERSONAL GOALS:
1) Read 1hr/day:
2) Workout 45m 3 Days:
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MONDAY, OCTOBER 21, 2013
JHP ACTION GOAL:
1) Send Direct Mail to Cash Buyers: INCOMPLETE
2) Create Direct Mail postcard for absentee owners: COMPLETED
3) Find cash buyers in Hamilton County: COMPLETED
RD Startup ACTION GOALS:
1) (2wks) Complete Remaining Business Plan: INCOMPLETE
2) (2wks) Revise Business Plan: INCOMPLETE
3)
PERSONAL GOALS:
1) Read 1hr a Day
2) Learn more about Self-Direct IRA
MEETINGS/SOCIAL:
-Went to NYC for four days then Nashville TN for two days.
MISC ACTIONS:
-Cash Buyers: Pulled buyers from nine counties surrounding Indianapolis.
WEEK RESULTS:
BANDIT SIGN CALLS: 2
DEAL STATUS: (33) SFR Deal Visiting 20+ houses; Draper Deal in TItle Search
There is a huge potential for this deal and I'm excited about the end result!
The Draper deal is still in Title Search. I haven't heard back from the Title Company yet, but I'll give the seller a call today to follow up.
I received a call for a house that is $13k behind in mortgage and $800 in HOA. I'm putting them in touch with my REA for a shortsale.
I've got the BiggerPockets meetup to organize for this Friday. Always excited about getting together again with the crew!
Oh, I got a call from a man and woman telling me my bandit sign fell off a wooden pole and busted their windshield. They said, "There is a round hole in my passenger side windshield and we haven't filed a police report yet because we thought you may want to just pay out of pocket." I called them back and told them to send me the police report and a picture of the damage and I'll have my insurance company take care of it =) Ha I'm eagerly waiting their response.
MONDAY, OCTOBER 28, 2013
JHP ACTION GOAL:
1) (1wk) Send Direct Mail to Cash Buyers:
2) Visit the 20+ Rentals and Create Presentation:
3) Build Buyers List Direct Mail to 400:RD Startup
ACTION GOALS:
1) (3wks) Complete Remaining Business Plan:
2) (3wks) Revise Business Plan:
3) Create Startup Financials:
PERSONAL GOALS:
1) Read 1hr/day:
2) Workout 45m 3 Days:
------------------------------------------------------------------------------------------------
MONDAY, OCTOBER 21, 2013
JHP ACTION GOAL:
1) Send Direct Mail to Cash Buyers: INCOMPLETE
2) Create Direct Mail postcard for absentee owners: COMPLETED
3) Find cash buyers in Hamilton County: COMPLETED
RD Startup ACTION GOALS:
1) (2wks) Complete Remaining Business Plan: INCOMPLETE
2) (2wks) Revise Business Plan: INCOMPLETE
3)
PERSONAL GOALS:
1) Read 1hr a Day
2) Learn more about Self-Direct IRA
MEETINGS/SOCIAL:
-Went to NYC for four days then Nashville TN for two days.
MISC ACTIONS:
-Cash Buyers: Pulled buyers from nine counties surrounding Indianapolis.
WEEK RESULTS:
BANDIT SIGN CALLS: 2
DEAL STATUS: (33) SFR Deal Visiting 20+ houses; Draper Deal in TItle Search
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