3 deals down the drain

Ok, so I posted a photo of 2 contracts recently valued at $4k which were supposed to close. Well the first one I find out has 2 mortgages on it and the gentlemans wife on the deed that passed away a while ago. When originally I was told the property was owned free in clear. This deal is not completely lost because the homeowner is looking into clearing up this matters. There really are no mortgages its just the companies that held them never updated there files. 2nd deal the house was freaking perfect to wholesale but area was aparently too rough for anyone to have a serious interest. That deal was my fault because I was unfamiliar with the area and should of let it go to begin with. Needless to say homeowners were upset when we cancelled the contract and returned the keys. 3rd deal was supposed to close this Monday for a profit of $3k. Homwowner was the biggest pain to deal with!! Then last minute he decides he doesn't want to sell and has life issues to deal with and that he will call me when he needs me. (SORRY MAN I DON'T WAIT ON ANYONE! I DON'T NEED YOU, YOU NEED ME is what I say) This guy was a pain all the way from begining to end. Rather deal with truely motivated people then tire kickers. His loss of $27k cash in his pocket. Tough sh@t for him I guess? I know I said earlier I posted a photo of 2 contracts. 3rd one I didn't post. But combined profit total for all 3 whould of been $6k total. I am just posting this to show you people that all deals don't always work out but you gotta move on to the next and not get discouraged

Kick ASS Software to Attract deals for your Wholesaling Biz

So if you been involved flipping houses aka wholesaling I'm sure you are familiar with Yellow Letter Marketing? For those of you that don't know? Yellow Letters are used by Real Estate Investors to attract motivated homeowners to call. These letters have a high response rate of 5%-15%. Which is really high considering most marketing sucks!!! Anyways these letters are handwritten on yellow legal pad paper in red ink and mailed in a invitation envelope. After you write about 100 or these you get tired of writing and wonder if there is a better, faster, easier way?? You can of course find a company online that will charge you $1.20-$3 to write and mail these letters for you.....but that gets expensive. Or you can type them in a word document then just change the document everytime for each homeowner you plan on contacting......ahhhh sucks!!! Or you can find a software that does it for you with the push of a button and prints the letters out individual or all at once to all of your different homeowner leads.Well this software prints the letters in a font that looks like handwriting and in red ink. You can print them on yellow copy paper or yellow legal pad paper. To top it off there are three different letters to choose from. This software rocks in my opinion and makes it a whole lot easier, faster, and saves money. Time is money right?? I researched the web and this is the only Yellow Letter Software there is out there for Investors, and its cheap as hell to purchase!!! I use it in my Investing business and figured others may be interested as well. Anyways here are two videos on this Yellow Letter Generator Software. I highly recommend watching them and at least checking out the site at Amazing Yellow Letters Software to attract Deals for your House Wholesaling & Flipping Business. Promo video Demo video on how it works.

What $ 4k looks like

Here is a photo of what $4k looks like. Ok, ok its not the $4k you were thinking of?? But it really is $4k. This is 2 purchase agreements with assignment contracts that will be going to the title company. Our net profit for both is a total of $4k. So it really is $4k but in a different form right now. That kinda money in one week is pretty impressive to me or anybody for that matter. I mean how much do you make in one month and how long would that take you to make at your job?? Well in all honesty those 2 deals took about 4 hours of work or 2 hours each. Thats like getting paid $1,000 dollars an hour!