Payday is always a good day- $olid closing in the books. Enjoy Super Bowl weekend everyone!
Archives for January 2015
Solid day of work with our clients- primarily our investors. Managed to get 7 deals executed, totaling $930,000. Meanwhile, we took new biz photos and had lunch at the Brunchery off MacDill. Solid tuna melt sandwiches!
While there are still plenty of foreclosures on homes. The amount of new cases getting filed has cut down more than half as many as there were 5 years ago. This is a sign of the strengthening economy and clearing out of troubled loans.
Another day of calls, emails, and viewing properties- I believe we have around 30 pending transactions going in various stages of closure. One notable is a listing of ours that locked up an offer in 2 weeks at 95% of asking.
Back on the Monday grind. We dealt with 10 different clients today- ranging from investors, to sellers, to first-time buyers. Meanwhile, farming up 3 new offers to put in the mix for one of those aforementioned clients.
Closed minds stop at the problem, open minds stop at the solution. Plus, add one more closing in the books for the week. TGIF!
Did we really write up 15 contracts this week for our investor to purchase single-family rental homes? Yes.
The three dimensions to valuing real estate are: 1. Location (can’t be altered) 2. Space/Function/Size (sometimes can be improved) 3. Age/Condition (easiest to change)
Coming off of a nice weekend, we hit the farm field hard- finding 10 properties for our investor to purchase. Now to see how many of those bids we win. In other news, SG had a closing today on a $220,000 home. Congrats to Amanda for doing her first deal!
What do hedge funds, investors, listings, short sales, farming properties, networking, rentals, executed contracts, and rehab vendors all have in common? The Somerday Group.