110104 Too Many Deals

Yikes!

Did I Buy Too Many Houses?

If All These Deals Go Thru ...

I’m Out Of Money!

Is This A Problem? ... Or An Opportunity?

Our Thinking & Our Plans Tonight 6pm G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

Real Estate Update: Jan 3, 2011 After our family reunion in the snow at Shaver Lake, I called Jennifer for an update.

We have two homes in process Sheilds is in escrow ready for a haircut.

Sooner, a short sale has a first level acceptance, waiting on the bank to agree to a “reduced full price offer” San Madelle looks positive.

We are highest and best.

This could be overload...

Then another irresistable deal showed up What’s an Energy Wise Flipper to do?

G r e e n E a r t h E q u i t i e s . C o m

© 2010

Saving The Planet One House At A Time

Options If We Are “Too Successful” At Buying 1. Decline on one or more during our due diligence time.

2. Scramble to find some more money ... Partners or Lenders 3. Sell one or more. Become a wholesaler.

(Already have a buyer) 4. What else?

G r e e n E a r t h E q u i t i e s . C o m

© 2010

Saving The Planet One House At A Time

Affordable Comfort Conference: The Country’s Best Cram W T B Course In Home Performance I’ll be presenting a distillation of the last two years of this site in a 4 hour Short Course.

With an emphasis on our metamorphosis toward net zero and the BRRR strategy.

If you’ve been following this site, go to other great classes as mine will be a repeat for you.

G r e e n E a r t h E q u i t i e s . C o m

© 2010

Saving The Planet One House At A Time

Dont Forget ... I’ll See You Here ... Dave

G r e e n E a r t h E q u i t i e s . C o m

© 2010

Saving The Planet One House At A Time

Good Idea!

G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

You Can Do This See You Saving ThereThe Planet G r e e n E a r t h E q u i t i e s . C o m

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One House At A Time

Another Great Resource Get the FREE Sample Issue and then decide

G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

Just When I Thought We Were Overloaded With Good Deals ...

Look What Showed Up In My E-mail Box G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

Copy and Paste this address into your Google search box for more info on any listed property G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

This is a live Google Earth view of the street.

You can “walk” up and down the street by moving your cursor.

Scroll Down & click the subject address

G r e e n E a r t h E q u i t i e s . C o m

© 2010

Saving The Planet One House At A Time

Rogelio’s B-1

B-2

G r e e n E a r t h E q u i t i e s . C o m

© 2010

Saving The Planet One House At A Time

B-1 B-2 B-3 ?

This property is in my very favorite neighborhood, and on the same street as our first and third projects. (Bernadine) We nick named them B1 & B2. Also Rogelio’s house is right around the corner Of course the comp price on the house that we did right next door will help us in selling this one. (even though it was over a year ago). Some appraisers will totally discount it because of age ...

We’ll see

5741 Bernadine B-1

5664 Bernadine B-2 Saving

G r e e n E a r t h E q u i t i e s . C o m

© 2010

The Planet One House At A Time

This is the typical MLS Info.

Note the 7 day requirement.

See this house Thursday!

G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

This is B-2 before we bought it.

Original Google Earth photo.

Next photos show the process.

G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

B-2

G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

B-2 Vandalism Helps The Price

G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

B-2 Kitchen “After”

G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

This shows our purchase and selling price (Comp is18 months old) Entered Escrow at $80.000 HairCut To $73,500 G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time

Lessons and Extrapolations Right next door we exceeded our target of $100,000 spread.

But that was last year, Can we do it again this year?

In a (slightly?) better economy?

But maybe the flood of Lipstick Flips has ruined the market with low comps?

Considering all this, What would you offer?

What would be the best Negotiation strategy?

G r e e n E a r t h E q u i t i e s . C o m

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Saving The Planet One House At A Time