Entries from October 2006

Friday, October 20th, 2006

Facing Foreclosure on NPR Radio and KFI AM 640 Los Angeles

My Facing Foreclosure story was on National Public Radio yesterday morning, and on KFI AM 640 talk show in Los Angeles last week. If you missed it, just click the links below to listen.
NPR: Loose Credit Standards Boost Real Estate Woes


KFI AM 640 in Los Angeles:
I was on the John and […]

Wednesday, October 18th, 2006

Overwhelmed by Despair and Pressure

This is one of those days… I woke up feeling overwhelmed by this intense pressure. I feel despair and helplessness. I’m normally pretty optimistic (sometimes overly). But today just I’m down… I feel like the odds are against me. I want to give up.

Here are 6 reasons why I’m feeling depressed.

Tuesday, October 17th, 2006

Burdett Short Sale approved at 248K

Got the word back from the bank on the Burdett property in Sacramento regarding the short sale.
Quick review: I bought the house a few months ago (Jan 4th, 2006) for 295 with 100% financing. So, I owe 295. At the time, the property would appraise for 315 or more. Now it’s […]

Monday, October 16th, 2006

Need Stable Income… Get a Job?

To get a job or to do some wholesaling/bird-dogging for other investors or both? I can’t wait any longer without solving the issue of income.
We’ve had a few random places that we’ve been getting money in the last couple of months. That, plus credit cards have kept us going. But […]

Saturday, October 14th, 2006

Crazy Real Estate Accounting Mess

My wife has been working on getting all our accounting in order from this crazy roller-coaster year.
Here is a shot of our living room floor. A big mess of receipts, invoices, bills, and other paperwork from all our real estate deals and travels this year. She is identifying, organizing, and […]


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