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Direct Marketing Campaign Finding Apartment Buildings Finding REO Deals How To's Multi-Units/Apartment Buildings

Finding Motivated Apartment Building Owners



I’ve decided to spend my apartment hunting time finding motivated apartment building owners. Why not? I ask myself. I mean seriously I’ve been involved in real estate for 11 years now and every deal that I’ve ever done whether it was a mobile home deal, a rehab deal, a wholesale deal, sub2 deal or what have you was from a motivated seller!

Why try to reinvent the wheel right? I mean seriously all of the commercial folks are saying that a wave of commercial foreclosures are going to be coming………..how about getting to them before they reach foreclosure?




Also, I’m going to find a way to reach apartment building owners that are going through evictions. I’ve been trying to figure out how to do it in Delaware but they haven’t been making it easy thus far. I’ll figure something out though.

I think the 2 ways I mentioned above are good as well as probate deals, but the big time consuming problem that I’m thinking will arise is the fact that I’ll probably have to sift through 99.9% of single family deals to find the apartment building owner deals. Wouldn’t you agree?

I wonder if there is a way to get by that? Are there any other techniques that you commercial guys and gals use to find motivated apartment building owners?

I’ve been doing direct mail, but I’m really just sending out a mass mailing to apartment owners…I’m sure my results would sky rocket if I was sending out a mass mailing to MOTIVATED APARTMENT BUILDING OWNERS!

Soooooo fess up (please) how are YOU finding motivated apartment building owners? (Btw, going to check out some reo’s this weekend that I found on the MLS…there’s another technique. An oldie, but always a goodie!)

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Finding REO Deals How To's

How to Buy Foreclosure Properties for Sale



Here’s a new ehow article I wrote about How to Buy Foreclosure Properties for Sale.

Learn how to buy foreclosure properties for sale and you will explode your wealth and increase your net worth dramatically.
I’ll show you where you can buy foreclosure properties for sale and give you some insight into this profitable world.




Step 1: Find a local REO (real estate owned) real estate agent in your area to locate foreclosure properties for sale. REO means it’s a bank owned foreclosure property, which means it already went through the foreclosure process, the old homeowners are out of the house and the bank now owns it again. REO real estate agents are very experienced and can help you with the process of buying foreclosure properties.

To read the rest of the article check it out: How to Buy Foreclosure Properties For Sale

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Finding REO Deals Makin' Offers Random Ramblings

Calls, REO offers and Adam oh my!

So I resubmitted an offer already on a listing that I saw got reduced….but it was rejected again. I’ll keep tabs on it.

Also, that same reo agent dropped the price on another listing that I made an offer on on the 6th…so I’ll re-submit an offer on that tonite or tomorrow too. So far, no bites yet.

I’m so excited about doing a wholesale deal tho…..I just figure with 1 deal that can get rid of my credit card. Yeah..mhm…ya’ll are all up in my personal biz and know about my debt. That’s ok tho…gives me more motivation to get a deal so I can out of debt and come back here and tell you all.

It feels good that my phone is starting to ring again with folks that want to sell their homes. I’ve had about 3 in the last 2 days….and its picking up. It really is a good feeling 🙂 Funny what happens when you actually WORK at something, huh?

Did anyone watch the AMA’s last nite? Man all I gotta say is I just love Adam Lambert.

adam lambert

Seriously….I thought he should have won American Idol hands down and I just think he is a great entertainer. Sureeee his performance wasn’t for everyone….but no entertainer IS for everybody.

He can sing and he puts on a great friggin show. He’s gonna do very well for himself, I predict. Btw, I agree with him when he says there’s a double standard in the biz….women entertainers have been doing shit like he did for yearssssss….but have a man do it and the shit hits the fan. Keep doing yer thang Adam. Btw, I think I’m going to download his album For Your Entertainment (I have some money left over in my paypal account…cuz I can’t be spending REAL money.)

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Finding REO Deals Makin' Offers Real Estate Agents Real Estate Investing Wholesaling

8 offers made!

I just made offers on 8 properties…..6 reo’s and 2 non-reo’s. They were all from the MLS.

I decided that I’d send LOI offers to each agents email and explain that I’m having a printer difficulty lol and also that when I’m ready to write an official agreement of sale that I don’t mind if they write it up so they get both sides of the commission. Actually, I said that with every offer except the one my broker referred me too. That one, I’ll write up myself so the broker gets a piece of the action.

Along with the letter of intent, I include the proof of funds that my uncle sent me. 🙂 They were all cash offers with all inspections waived and a 5 day closing and $500 earnest money deposit.

I already had one agent email me back super quick. She was so nice. Said the bank just turned down a higher cash offer but she’ll still submit mine. She even emailed me the confirmation and she said that she put my name as the agent as she didn’t want to have her name on the offer lmao I guess that’s how you know I offered low enough huh? Personally, I don’t get agents….they willingly give up money that is just being handed to them in the form of both sides of the deal!!! Oh well.

Ok so I’m a little nervous……as I haven’t really made a great deal of offers in a while….but I know me, now’s not as bad as if one gets accepted because then I go into “omg I’m gonna shit myself” mode.

I’m exhausted…off to bed and tomorrow we’re buying a damn printer/scanner/fax cuz this shit is for the birds.

Goodnite Blogland….

Flippin’ Carey

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Finding cash buyers Finding REO Deals Listed Properties Makin' Offers Networking Wholesaling

Saw some houses today..what to do?

I’m in a bit of a pickle. I don’t quite know how to operate without a damn printer/scanner!

I looked at 8 reo’s this afternoon and also drove past about 5 cash sale properties today (they were in the neighborhood of the 8 reo’s.) I would like to make an offer on every one of the reo’s I saw today but I’m trying to figure out how? I have a real estate contract but it’s a part of a program that real estate agents use called RealFast and it’s just the version on my computer, not a web-based version. If I were to write up the contract in RealFast I a) can’t print it and b) can’t save it as a pdf or any other document type besides a real fast document.

Soooo the big question….how do I draw up my agreements and get them to the agents? I was thinking letter of intents. What do ya’ll think??? I was also going to include in the l.o.i. that I’m not going to be acting as my own agent and they can submit my offer as my agent. Shit. This sucks.

Crap. I’m sure there is a really easy solution that I haven’t figured out yet (I’m like that somtimes…can’t see the easy answer right in front of me.) Anyone? Anyone?

Oh btw, I don’t know if I said this yet but I officially switched real estate offices last Friday or so. I now work for Fautore Realty and I am digging the new broker so far. As I was driving around looking at properties I get a call from him and he says “I know a property that would make a great flip for you. Here’s the address it just popped up on the MLS but you better hurry.” And I went and saw the property and it was awesome (awesome as in it was a nasty, piece of shit, smelly property lol in a decent neighborhood.) Then he says “Oh and this other property I know of got a shortsale approved at $100k and it’s in a great area. It’s going to be released from an agreement tomorrow if you want to go after that one too.” His buyer apparently had it under agreement but is backing out or something. I thanked him and asked him if he would send me his bpo’s too 🙂 He said “absolutely.”

Quick funny story: so Kathy went with me to see houses today. We go to see the one my broker told me about and you could tell the house was beat to shit from the door. She was like “oh boy.” Then we walk through the overgrown bushes to the houses and I open up the door and she goes inside and says “oh my God! This is horrible.” When I hear that I know it’s gonna be good (for me.)

We walk around and one room we go into wellllll let’s just say I ALMOST lost my lunch. I have a very sensitive nose and when shit smells rank I need to cover up because I start to gag and sooner or later it’s coming out. Kathy’s like “this place is disgusting!” And I’m smiling saying I know.

When we get outside she says “they just need to knock that down and start over again. I’d give them $5,000 for that place.” And I say, “Honey you say that every time we see a shitty house like this. And the last time you said that, I offered $50k on the house and made a $15k assignment fee!” She’s like “well they shoulda knocked that house down too!” lol

Gotta love spouses who just don’t get it completely. I give her credit tho, she goes through the nastiness with me and helps me in anyway she can and she does want to get into rentals together when we’ve cleared up our debt, but I think I’ll stick with making the offers on properties otherwise we may just go hungry! 🙂

Oh wait one more thing….I did take down a handful of For Rent numbers and addresses to see if I could add some folks to my buyer’s list.

Can someone help me out with my dilemma? What do you think I should do?

Flippin’ Carey

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Finding REO Deals Listed Properties Real Estate Agents Real Estate Marketing

Bandit Signs

So I’ve been doing pretty well with writing down a few goals to do a day and actually getting them done. Seriously, I recommend you try that instead of a long laundry list of things to do. You’ll be amazed at how easy it is to accomplish the most important, effective items.

Anyway, now it’s time for me to put out bandit signs. I’ve been putting out 10 a nite, but I think I’m gonna go put out 20. I ran out of signs that have the vertical fluting in ’em so I’m just putting ones out to hang on poles, etc.

Btw, this is not my favorite thing to do but I have to tell you, it’s one of the ways that I’ve made the most money in real estate. Ya know I think they 20% of the things you do will make you 80% of your money or something like that lol anyway I figured out that the only things that have made me money in real estate have been bandit signs, vinyl lettering on the back of my car and deals from the mls so that’s where I’m focusing most of my time and energy.

I did check out the sold properties in the past month or so that were sold for cash. Got 13…sooo I’ll check them out probably tomorrow or the weekend. Who says people ain’t buying properties? Pffft!

Had a friend from high school tell me that she’d let me use her bank statements to submit offers….waiting for updated copies from her (still haven’t heard back from my uncle….I’ll have to call him again.)

But also, I have 2 guys that I’m going to set up meetings with that I think could be VERY good possibilities to be private lenders. 1 is the father of another girl that I went to high school with and 1 is a guy that Kathy sold a Rainbow to (that’s what we sell as independent distributors on the side.) He’s a friend of her brothers and he already asked us about investing in real estate cuz he has money so I just gotta get my spiel together and come at him from the private lender aspect.

I wanted to say one more thing but I completely forget what it was…..damn it, I hate that. Ohhhh I did check out a house today cuz I got a call from one of my bandit signs the other day. It was a mobile home on a rented lot but I figured I’d check it out just to get in practice again of meeting with sellers, etc. The place is listed but I may tell the guy I’d be interested in a 30 day option??? Can’t hurt, I mean he’s leaving the end of this month no matter what.

Ohhhh I do remember what I wanted to say….I’m switching real estate offices. I gotta figure out how to do shit in the right order but I’m moving from Keller Williams to a very small, local company near my house. Reason being…well the fees are wayyyy less, I mean BIG TIME…and he’s got a lot of investor connections, reo connections and private money connections….plus he told me that he’d give me all of the addresses of the bpo’s that his wife does every month (about 20 to 30 per week) so that I can see if I can do a deal with folks while they are still in pre-foreclosure.

Soooo I’m working on all of this at the same time with trying to pump my business back up. I figured he was the right step for me in going in the investing direction and for me right now, if I wanted to go in the real estate agent direction then Keller Williams would have remained the best step. Btw, not that there is anything wrong with KW….I think they are a wonderful company and they are very investor friendly and I can’t complain one bit about their profit sharing lol (I get a check every month no matter what and I will continue to since I’ve been with the company more than 3 years….6 to be exact.)

Anyway…..exciting things happening.

Flippin’ Carey

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Finding cash buyers Finding REO Deals Real Estate Investing Wholesaling

Gonna go check out some houses today….

So I have a list of reo’s to check out today that I got off of the MLS….9 total. And then I have my list of properties that SOLD to cash buyers (ala Steph.) Seriously tho folks, if you’re interested in being a REO wholesaler you’ve got to check out Steph’s ebook Flip This REO. I’ve been investing for 10 years now and I still get some solid awesome ideas from Steph. Do yourself a favor and get the ebook…heck it’s on 47 bucks! Sure beats some crazy ass $900 course that is filled with fluff and b.s. You have my personal guarantee that any 1 of several tips you take from her ebook will save you or make you that $47 investment back PLUS some. I promise. Ok enough of that about Steph’s ebook…..

It’s really good to be back in the swing of real estate investing that’s for sure. I think it may Kathy taking some getting use to again tho. She wanted to play 500 rummy with me and I told her that I couldn’t cuz I was out to look at some houses.

Hopefully, by the time I get back I’ll have the signed agreement from the buyer for my listed short sale deal. They changed their minds back as long as the sellers would go with their ORIGINAL offer. And they did.

Okey dokey pokey….see ya soon.

Flippin’ Carey

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