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	<title> &#187; Joint Ventures</title>
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	<itunes:summary>Ramblings of a Real Estate Flipper and Wholesaler!</itunes:summary>
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		<title>Happy Thanksgiving!</title>
		<link>http://www.goinflippincrazy.com/2009/11/26/happy-thanksgiving/</link>
		<comments>http://www.goinflippincrazy.com/2009/11/26/happy-thanksgiving/#comments</comments>
		<pubDate>Thu, 26 Nov 2009 16:56:48 +0000</pubDate>
		<dc:creator>Carey</dc:creator>
				<category><![CDATA[Joint Ventures]]></category>
		<category><![CDATA[Random Ramblings]]></category>
		<category><![CDATA[Wholesaling]]></category>
		<category><![CDATA[happy thanksgiving]]></category>
		<category><![CDATA[wholesale deals]]></category>

		<guid isPermaLink="false">http://www.goinflippincrazy.com/?p=236</guid>
		<description><![CDATA[I know I said I wasn&#8217;t gonna post today but I figured I would real quickly as I sit here drinking my carrot/apple/parsley juice while Kathy finishes making cookies. I spoke to a local wholesaler today who has 2 deals under contract and we agreed to do some joint venture deals together. And we agreed [...]]]></description>
			<content:encoded><![CDATA[<p>I know I said I wasn&#8217;t gonna post today but I figured I would real quickly as I sit here drinking my carrot/apple/parsley juice while Kathy finishes making cookies.</p>
<p>I spoke to a local wholesaler today who has 2 deals under contract and we agreed to do some joint venture deals together.  And we agreed to a simple 50/50 split of each others deals.</p>
<p>So I&#8217;m psyched to help him get his places sold and I have a couple of investors in mind that I think may be seriously interested.  Fingers crossed.</p>
<p>Ok everyone&#8230;have an awesome day and always remember what you&#8217;re thankful for!</p>
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		<title>It&#8217;s an awesome day!</title>
		<link>http://www.goinflippincrazy.com/2009/11/06/its-an-awesome-day/</link>
		<comments>http://www.goinflippincrazy.com/2009/11/06/its-an-awesome-day/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 18:07:30 +0000</pubDate>
		<dc:creator>Carey</dc:creator>
				<category><![CDATA[Joint Ventures]]></category>
		<category><![CDATA[Makin' Offers]]></category>
		<category><![CDATA[Passive Income]]></category>
		<category><![CDATA[Random Ramblings]]></category>
		<category><![CDATA[Wholesaling]]></category>
		<category><![CDATA[atm's]]></category>
		<category><![CDATA[bandit signs]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[cash sales]]></category>
		<category><![CDATA[houses for sale]]></category>
		<category><![CDATA[making offers]]></category>
		<category><![CDATA[proof of funds]]></category>
		<category><![CDATA[rainbow]]></category>
		<category><![CDATA[wholesale deals]]></category>

		<guid isPermaLink="false">http://www.goinflippincrazy.com/?p=182</guid>
		<description><![CDATA[It&#8217;s just beautiful outside and I&#8217;m psyched up to get some real estate deals going. No deal yet, but I&#8217;ve had some technical difficulties. Since Kathy got laid off she had to send back the printer/scanner/fax that we used for everything so I couldn&#8217;t scan in my proof of funds for offers (I got 2 [...]]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s just beautiful outside and I&#8217;m psyched up to get some real estate deals going.  No deal yet, but I&#8217;ve had some technical difficulties.  Since Kathy got laid off she had to send back the printer/scanner/fax that we used for everything so I couldn&#8217;t scan in my proof of funds for offers (I got 2 from a high school friend totaling $100k and I got 1 from my uncle totaling $176k.)  Soooo kinda hard to make offers without proof of funds.</p>
<p>Anyway, my neighbor hooked me up last nite (and he had technical difficulties too lol but ended up just scanning it for me and putting it on a zip drive for me to take home.)  Kathy and I moved one of our worst performing ATM&#8217;S  (in the month of October the store was probably open for maybe a week??  IF that.)  So we moved it to a 24/7 diner and we&#8217;re excited about that.  We have one other ATM that we need to place somewhere right now.  </p>
<p>What else what else?  Oh I think Kathy is going to be getting another J-O-B&#8230;..since she got laid off she&#8217;s had recruiters and other pharmaceutical companies calling her like crazy and even offering her more money.  So we talked about it and I told her if she wants to do it and feels more comfortable doing the J-O-B thing with a guaranteed income instead of doing our plan for both being self-employed then I&#8217;m all for it, I just ask that she sticks to her budget so she gets out of debt quicker (like we BOTH planned) and therefore can invest in more ATM&#8217;s and real estate (we want to buy multi&#8217;s together as kind of our retirement and of course as to increase our passive income.)  She agreed to stick to the budget.   </p>
<p>Oh and believe me when I say how we talked and we agreed or what have you, when we&#8217;re talking about a budget and planning money the conversation does not go so smoothly.  Kathy is a spender, that&#8217;s how she&#8217;s lived for a longggg time, that&#8217;s how she knows and that&#8217;s how I&#8217;m sure she&#8217;d like to keep doing, but after some tiffs she&#8217;s seeing the &#8220;light&#8221; so to speak but sometimes I have to give her a lil nudge (like yesterday afternoon she wanted to stop somewhere and get something to eat.  I reminded her that eating out is not in our budget anymore and we argued for a hot minute, didn&#8217;t speak and came home and had lunch and then made an amazing dinner.)  I&#8217;m sure the only thing about me that she wishes was like her ex-husband has to do with money&#8230;&#8230;&#8230;all they did was spend, spend, spend&#8230;without a care in the world.  I&#8217;m quite sure tho that she&#8217;ll thank me at some point in the future  <img src='http://www.goinflippincrazy.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
<p>I emailed a wholesaler to make sure she was cool with paying each other if we marketed each others deals and sold it, etc. And she was&#8230;.we just have to still work on the split end of things&#8230;.she was like &#8220;it depends.&#8221;  I&#8217;m more of a &#8220;let&#8217;s quit the bullshit and say it&#8217;s a 50/50 split or whatever.&#8221;  Know what I mean?</p>
<p>I also emailed another investor/realtor/wholesaler that I know and proposed the 50/50 split for selling each others deals and he said &#8220;yes, I&#8217;m interested in that arrangement.&#8221;  He even sent me a form that he uses for his joint venture deals.</p>
<p>I got more bandit signs in finally.  Ordered 200-  100 horizontal fluting and 100 vertical fluting with of course 100 H-wire stakes.  I&#8217;m gonna start putting these bad boys out today.  These are the smaller sized ones, so I&#8217;ll see how they go.  I think they will stay up longer on the poles being this size.</p>
<p>Okey dokey pokeys I&#8217;m off to look at houses (for sale,) houses that sold (for cash,) and then back home to make some offers.  I&#8217;m feeling really good about everything.  Oh yeah&#8230;.I even sold a Rainbow Wednesday nite so will probably make an easy $500 to $700 off of that (remember that&#8217;s what I been doing for the past year when I took a hiatus from real estate.)</p>
<p>I&#8217;m going to be posting soon a few couple goals/lists that I think are extremely helpful and I&#8217;m going to share mine with everyone here in hopes that you do your own at home (you don&#8217;t need to post them here, you can keep them private.)  But I think they are beneficial.</p>
<p>Flippin&#8217; Carey</p>
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