Just spoke this morning to the realtor in Rio Ranch, New Mexico. He has been unable to get a hold of the lender to get a status on the short sale package we sent in a long time ago. The real estate agent said this particular lender (Aurora) is known for being very hard to […]
Category: deals
Flipping Houses in a Down Market?
I came across a funny online show about two guys trying to flip houses in a declining real estate market: FlipperNation.com. If you are a fan of the other house flipping shows on TV, you will like this. These guys just started and I’m not sure how much of it is based on a true […]
Will I Stop The Last Foreclosure via Short Sale?
We got approval from the bank to allow short sale of the Modesto house at about $300,000. I have the approval letter but my short sale real estate agent didn’t want me posting it quite yet. Now that the 1st is willing to do the short sale, the agent is negotiating with the second to […]
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 sorting it all: And […]
Mortgage Fraud Podcast a Success!
My first attempt at running an online talk show / live podcast / talkcast (whatever you want to call it) went pretty smooth. I talked for 2 hours with Jerome Mayne, an ex mortgage fraud convict who is now an expert, author and speaker on fraudulent behavior. We also took some interesting live questions at […]
Real Estate Investing College
It’s now Saturday and I finished all the classes for the week. I was pleasantly surprised by the quality of the education in this Real Estate Investing College as compared to other investing gurus and seminars I’ve been to. I learned a lot of good / new stuff that will help me stop foreclosure, make […]
Property Photos and Info
I took the time to find pictures for all the properties and update some of the loan information. Take a look. I’m still facing foreclosure, so let me know if you have any buyers for me. Thanks. Burdett Way, Sacramento CA Larchmont Dr, North Highlands CA Muncy Dr, Modesto CA W 10250 N, Highland UT […]
Short Sale to Stop Foreclosure Update
Quick update… New Mexico property: Had agent drastically lower the price from 469 to 409k in order to compete with all the inventory. Apparently we haven’t been getting offers because ALL the houses on that street are for sale and the entire Rio Rancho area is really bad right now because of all the flooding. […]
House Raffle Sign-Up and Brainstorm
A couple of people suggested doing a “raffle” to sell my houses quickly. If you are interested in participating please use the signup form below or in the sidebar. If you have some ideas please post your comments here or email me. To pull this off I will need everybody’s help. Once I am ready […]
Something’s Gotta Give
Debt. Finances. Blog. Foreclosure Site. Negativity. Haters. Details. Follow-through. Partnerships. Opportunities. Job. Book. Success story. Big deals. Crazy ideas. Passive income. Huge deals. Goals. Focus. Priorities. Marriage. Values. Faith. Purpose. Progress. Time. Finances. Finances. Finances… The pressure of it all is getting to be too much. Filed under personal / feelings, photos, sweet media Pool […]
Larchmont Foreclosure Sold at $199K after Failed Short Sale
[Banks lost at least $130,000 on me. Talk about my consequences on the show and comments here.] Some of you already know about this, but the Larchmont REO property was sold by the bank for $199,000 on May 11th. See the provided MLS screenshot. I lost the Larchmont property to foreclosure on February 27th, 2007. […]
Debt Settlement… Settle Debt From Corporation?
In trying to update my debt list, here is what I found in my sea of mail the other day: It’s a debt settlement offer for one of my credit cards. So, I’m wondering… (Poll Added) Is that the best they can do? I’m guessing it’s 8-9 months late at this point. I can call […]
Formula For Being Broke
I get a lot of interesting emails. Here is one of them. This guy is trying to share a “business opportunity” with me but I declined (for now) because I’m too busy with my foreclosure mess. I did enjoy his letter though. Keep in mind, I have nothing against “a job” in the traditional sense. […]
Erin Morgan (PrLinkBiz) and Joy O’Day – NO DEAL!!
For those who have been on this blog for a while you might remember PrLinkBiz of NoLimitsLadies.com and the Phoenix investor. Here are some old posts to refresh your memory: Meeting Robert Kiyosaki Next Week! On Rich Dad TV with Robert Kiyosaki Back Home from Phoenix What Really Happened in Phoenix Asking Prlinkbiz to void […]
Utah House Still Wrapped, Sort Of
I made some calls today about the unwrapping of Utah. Spoke with the buyer (fix ‘n flipper) who took over my payments on a wrap-around contract (AITD). Spoke with the Central Bank of Utah, the escrow company which is collecting the payments from the buyer and sending it to my underlining underlying lender. False alarm… […]
