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Weekly Update: Met w/ Banks
Major progress last week - but still not pre-approved for home loan. Must get pre-approved!
Last week's accomplishments:
- conducted weekly partners meeting, strategised next steps
- Russ went into three banks and discussed our plans, received positive response and guidance for next steps
- delineated potential direct mail campaign farm areas
- analyzed two SFR deals as flips and rentals
- received feedback on deal analysis from mentor who operates in that area
- networked with wholesalers
- networked with other investors
- studied J Scott's book on flipping houses
- worked on business plan
- postponed personal vacation until first house is flipped
This week's goals
- get back on gym and diet routine! (was sick last week)
- submit necessary paperwork to bank
- contact student loan organisation and adjust monthly payments
- attend REI meetup in Melbourne
- study J Scott's book on flipping houses, Russ + Tom quiz each other
- analyse two deals each day this week
- review personal budget and savings plan
- work on selling motorcycle for investment capital
Motivation photo:
^ trip to New Zealand; not going until we complete our first deal.
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