Offer #4

4/1.5 House. Well maintained, and looks nice. Owner bought the house about 2 years ago with a 100 percent VA loan. She is in foreclosure. We are planning on a short sale this deal. We shall see.

Offer #3

3/2 House. Well maintained, and looks nice. It is currently rented (tenant has been there 5 years). Owner passed away in a flood, and son currently lives in Germany. He is asking $25k, and we are offering $17k.

Contract #1 Update...

Okay this property has definitely been an up and down deal, but I believe that we finally came to an agreement on this one. In the end we are going to pay $98k for the place, with 20 percent down (our money). The seller is going to make the repairs to the building that were mentioned in the inspection. Hopefully that is the last of the negotiations for this deal.

Goals for 5/7/2006 - 5/17/2006 Updated...

1. Make list of people to call for when I get home. (RE agents, Title companies, inspection agents, etc)
- Done

2. Come up with a flyer to be placed around town to attract possible deals.
- Done

3. Lay out my plan of attack for the summer.
-Done

4. Organize packets for lease/options, and subject2 purchases.
- Done

5. Come up with a phone screening sheet.
- Done

6. Start reading Start Small, Profit Big in Real Estate.
- Done