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Author Topic: He Luvs Direct Mail  (Read 29092 times)

Offline Randoskie

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Re: He Luvs Direct Mail
« Reply #180 on: September 14, 2019, 06:17:14 pm »
This is my most difficult deal ever. This Hispanic older lady named Rebecca with her much older ready to kick the bucket husband Raul, are not bad people, they wer nice, but then they bring in the daughter from hell. She was a realtor back when or took the course or knew somebody that's a realtor, anyways she is hell bent on making Rando's life more interesting.
The husband inherited the run down ranch house on a 1/2 acre, probably needs demoed. But it sits on prime land about a half acre, in town of a nice little quiet street. Rebecca is emotionally tied to the property, when she showed me around, she named all the trees and told me the story of childhood visits. I listened and offered a low amount and eventually agreed on 50K
Imagine having this house on contract 2 summers ago for 50K Getting it sold and only making 4K & split with the realtor that had the buyer. Then when Rebecca and Theresa the mucho dominant daughter,  gets to Title to sign final papers, Rebecca's insane daughter says, Wait, Rando is not the buyer, he's wholesaling it, him and his wife are not going to fix it up with loving care like he said. How dare him. He's not going to pull this crap on us.
Then after the SHTF and smoked cleared, I txted them saying it was too big of a project for my wife and I, but my friend and partner Oscar can handle it, I got no response.
So this year, I wanted more punishment. I sent Rebecca a txt a few months ago we can do 55K And she replied, "I will think about it".
So today while sitting on my thumb, I txted her daughter Theresa and said,,  "Will you sell for 60"?
Short and sweet straight for the throat.
She then says, they were hoping to get 71. OK, at least she's responding, to her, I'm that slithering low down guy that tried to steal their uncle's house and wholesale and make money off our family . ,
I'm getting impatient here. I tell her, "I had to giv blood for 60, let's do 62,000 and put this puppy to bed". And so far, no response.
The crazy thing is, property prices are climbing like nobodies business.
This property cud be possibly be worth 80 or more to a rehabber or developer. I might have to get my brain in gear and kick some real estate butt like I used to.
Will Rando make use of those few remaining neurons? Will he be able to purchase a turbine powered 2 person quad copter hover bubble in the next few yrs? Will our galaxy merge with Andromeda in the far distant future?

Offline Randoskie

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Re: He Luvs Direct Mail
« Reply #181 on: September 17, 2019, 12:28:57 pm »
Woke up to a gorgeous morning. I was going to drive above the lake to my fav spot where the creek runs into Pine Flat lake and get some outrageous 4K video with my drone. It's really remote, Part of the Sierra Nevada mountain range, it has a sign that says Wilderness 154.
But that all changed with a few emails I received last night from Steve and the homeowner this morning. Our seller homeowner got on Steve's website and says hes getting out of Dodge and ready to sell now. He is a single Asian male and has a 3/2 1300 SF fixer in a good working class neighborhood. Mr Vang tells me his house may need a roof, some paint and fix a bathroom floor. House built in 56, still has the single pane alum windows, has a water/swamp cooler.
Zillow says the property value is 210K Seems accurate cuz the property report shows houses in the area sold for 195-240
Mr Vang tells me he has an offer for 143, I tell him we can do 145 Cash and pay all closing.
I got an appointment for 1:15 today to take photos and get my purchase contract signed.
It's a good looking house with brick work. The plan is to sell this house quick to a rehab investor landlord with Steve and I making 5-8K each and have some money for food and bills.
Will Rando and Steve be able to wham bam this deal and keep the internet connection on?
Will they ever understand quantum mechanics? Will humans survive the next cataclysmic event?


Offline Randoskie

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Re: He Luvs Direct Mail
« Reply #182 on: September 17, 2019, 05:47:57 pm »
I got there 5 minutes early, Mr. Vang arrives exactly at 1:15 I had snapped a few photos of exterior and the street. He drives up in an older mini van, when he gets out I say, perfect timing and got a big smile and warm hand shake. In 10 minutes I had taken interior photos and back yard. Ran out to the car and grabbed the purchase contract and had that bad boy signed and out the door and down the street b4 the ink had dried.
Mr Vang was not the talkative type. He had 2 questions, "where do I sign and how long does it take"?
Within an hour I txted and emailed every buyer on this side of the planet. Then I made up a good ad with photos and got an ad started on Craig's List. I'm already getting requests for photos from my txts.
I havnt had this much fun since, I cant remember.
But I'm cautious, there is no central air and heat, looks like he rigged up a portable air unit in living room window. I noticed A gas wall furnace. It has the original kitchen cabinets since 1956, a few cabinet doors wer off the hinges. But he had nice laminate wood flooring and big den w fireplace, I hope somebody sees some value here.
Will Rando and Steve sell this fixer and make some money or go down in flames?

Offline Randoskie

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Re: He Luvs Direct Mail
« Reply #183 on: September 19, 2019, 01:10:35 pm »
We are going down in flames. In 2 days very little response except a few asking for rent to own.
There is just too many repair and upgrades needed, roof, new hivac  system, new windows, new kitchen and bathroom upgrades and paint and on and on.
I informed Mr. Vang by email that I was cancelling the purchase agreement and it takes effect on this date, and he shud grab that 143 offer he claimed to have.
Then I said if your interested in a fast cash and a new offer, we can do $120,000
I've had 3 or 4 deals go south recently, at some point I'm thinking, some will have to go thru, the numbers prove so many deals will go bad and a percentage has to succeed. Or has Rando angered the real estate gods? Will he follow his advice to others to never quit?
Will Rando go on a camping kayaking trip to forget his troubles or will he sink in a pool of depression and over eating?

Offline Randoskie

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Re: He Luvs Direct Mail
« Reply #184 on: September 22, 2019, 05:09:29 pm »
He watches Judge Judy
I’m embarrassed to say, I watch Judge Judy. It is serious entertainment for me. It is outrageous how these seemingly normal people attack each other and lie, cheat and steal from family and friends and business partners, and in front of 11 million viewers. This is reality TV, uncut, unscripted and raw.
What’s really insane is how people can justify their actions. In my observations, I’ve discovered that humans can justify anything. It seems you can actually steal from your neighbor bcuz you needed it more than him, you can take another’s mans wife bcuz “he wasn’t treating her right”.                                                                                                                    You can even murder and justify it, because, “He deserved to die”
I find it extremely amusing and entertaining. I also discovered with my limited intellect, after watching trillions of Judge Judy episodes, a simple written agreement would stop all litigation in most of the conflicts.
Judge Judy can contain her disgust and anger, usually, by calling people a fibber and disingenuous, a scammer or simply saying I don’t believe a word your saying. But sometimes,,, holy judicial, she lets loose with a barrage of verbal attacks. I love how she can ask questions in a certain order and these litigants start skirting the issue, sweating, squirming and tripping all over themselves.
Do I learn anything from all this? Or do I use that just an excuse to watch all this human degradation?


Offline Randoskie

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Re: He Luvs Direct Mail
« Reply #185 on: September 25, 2019, 04:11:10 pm »
I been separated for a few yrs from my crazy Philippine wife and swore I wud avoid women as if my life and sanity depended on it. And it does... Well, I have been lonely, cant lie, but hell, my sanity and peace is very important.
Then Yesterday while setting up my car racks and loading up and tying down the kayak, the next door Asian lady comes out and stands ther smiling and friendly as can be. She had left a box of chocolates on my porch last Xmas and always waves and big smiles as she comes an goes.
She's got these big brown eyes and nice long hair, she's small about 5' maybe a bit heavy at 125 pounds, I cudnt help it but check her out and flit with her. She knows very little English but our body language was talking loud and clear. I think shes in her 50's but cud pass for 40. Nice light brown skin, just a few wrinkles under her eyes. She was acting shy and I was actually nervous. She said her name was JC and her job was doing nails, I know she's Vietnamese,  I ask where ur husband? and she say,  My husband die. I hadn't seen him for years and I remember he was always smoking. 
I some how managed to get her number, I asked if she wanted to go on a date and she looked confused and I knew she didnt understand. and we stood there smiling in awkward silence.
After about 20 minutes she gestures towards her house and smiled and left. I txted her later and asked if she txts, after awhile her grand kid replied, my Granma dont know how to txt.
It was exciting and scary and I was in la la land and daydreaming and imagining this and that, then later, I came to my senses.
 What kind of curse is this, even at 68 yrs old, this strong desire for females despite the carnage and emotional devastation they can create?
There is only one thing to do, a full frontal lobotomy.

Offline Randoskie

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Re: He Luvs Direct Mail
« Reply #186 on: September 26, 2019, 10:28:54 pm »
My buddy Bob emails me to say the very first deal we did together is back on the market. I tell him to give me more info cuz I can't remember that far back. Wow, It was 2012 He emails me the address and it all comes back. One of my first deals b4 I learned how to wholesale. This older couple had this big 2 story ranch house on an acre, it was over financed and needed work, but oh man, a sweet set up for horses. It even had a built in pool that was cracked. I had purchased this course on how to do Lease options and rent to own and taking over the mortgage payments in a SUB to. Seller called Bob from his bandit signs and they was desperate to get rid of it.
We eventually found a buyer that had 7 Grand and I told Bob to have them write the check in his name and bring me the $3,500 in cash. What kind of fool wud trust a guy with your wampum that you had never met?
So now it seems, this house is back in play, and Bob says there is not much we can do cuz it's really trashed now. I told him to get his butt over there and take photos and were gona sell it again like we did before. In the 6 or 7 yrs the mortgage has been paid down some and property values are up ther. But still, only 20K in equity and thers prob 50K in repairs needed or more.
Bob says he's gona do a photo run tomorrow.

So,,, will Bob and Rando be able to sell this run down ranch house again. Will their attempt be futile? How many dumb questions can you ask?

Offline Randoskie

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Re: He Luvs Direct Mail
« Reply #187 on: September 28, 2019, 01:13:54 am »
Bob emails me photos of the ranch house today. It's out in some god forsaken farm town called Strathmore. It wasn't pretty. But it didn't look too badly trashed, it just looked like the buyers never did any repairs or maintenance. The water in the pool was green and bob says something was moving just below the surface. It did look like the acre had the trees pruned and the weeds were down.
Bob is not too optimistic. I told bob we can find someone that's got 5-10 Grand to put down, who will fix this place up, and take over payments with no credit check, we can help the owners get this thing off their backs and we ride off into the sunset.
Bob pulled up the property report, it shows the estimated value is 206K The mortgage balance is 180K Monthly payment is $1300...  6 an 7 years ago that seemed like a lot, but now an average 3/2 in the city rents for 1,200 and this place has an acre and horse stalls and a second story and privacy.
Since California has went legal, perhaps a cannabis grower wud grab this. The neurons are re connecting.
Bob is hesitant to call the sellers, he still has their number. He suggested a letter first, which cud be wise cuz maybe they blame us for our buyer going flake.
When we sold it before, it was 40-60K underwater. Last time sellers wer so desperate they paid part of the mortgage for a full year to get a buyer. I suggested to Bob we do same or get seller to give our buyer 2 months before payments start to help them get this property in livable shape. It's so far out in the Country, what if the well went dry? Or pump parts stolen? Or a dozen other catastrophes?  I told Bob if anybody can pull this off, it's us. It was in bad shape 6-7 yrs ago and 40K underwater and we still made 7 frikin Grand.
I already got a short and sweet letter going out in the morning.

Dear James and Prudy, Bob and I noticed your house in Strathmore is vacant, What Happened? We can bring in a new buyer that will repair and maintain and make payments. Do you need any help with that? Randy and Bob

Is Rando too optimistic? Will the sellers respond favorably to his letter? Can Rando withstand another fail? Will it make him stronger and more determined than ever or will he fold into a pitiful lump of human decay?

Offline Randoskie

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Re: He Luvs Direct Mail
« Reply #188 on: October 16, 2019, 12:15:30 pm »
A realtor with a high pitched squeaky voice calls and I thought it was a telemarketer and I said oh, no thanks bye bye. Then she txts me to say I sent a letter to her client about buying his house. She then txts the address with photo and address. It was a large 2 story house built in the early 50's that was completely rehabbed with landscaping and listed for above full value.
I txted back that this house is too nice w no chance of profit and we want fixers, the worst condition the better. Soon she sends me an address and photo of an Oklahoma dust bowl share croppers shack built in the 30's out in bumfrikin Egypt that had never been improved. Imagine a 2/1 760 SF shack with the old lead weighted windows, shale siding and batnboard interior b4 sheetrock was invented, sitting on bricks or something, def not a conventional foundation, and some electrical wiring and plumbing that wudnt pass code in ur chicken pen.
And it was listed for 88K, I wudnt have paid 40, so I offer 60, then she tells me they have an offer for 93K. I'm going insane here.
A half dozen rehabbers are calling and txting me almost begging for some deals, and I got nothing.  The old couple with the vacant farm house never replied, the lady with the dominating psycho daughter replied after I offered her 68K that she was doing some paperwork and will get back to me in a few weeks. Sure she will. Another wholesaler here in my city says he's gona hit the streets. I'm going to my cave in Northern Idaho, my pet moose is lonely.

Offline sellpahomefast

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Re: He Luvs Direct Mail
« Reply #189 on: October 18, 2019, 10:32:59 am »
Thanks for the post Javipa!

 




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