Archive

Posts Tagged ‘How to Real estate Investing’

Dont Judge a book by its cover…literally

July 14th, 2009 MAD No comments

I am sure that you all have heard of the saying “don’t judge a book by its cover” or “looks can be deceiving” cmon we all learned that from mom, dad, sister or brother as we grew up, Right! Well let me share a quick little tidbit that I stumbled across that definitely reinforces what good old Mom and Dad taught me. I was given a lead to a property last week that was priced at a discount. Typically these properties are bank owned with some water damage or cosmetic dimages11efects. I pull up and it is a great brick home in a great neighborhood – outside is exquisite – ok not too bad. Well, I enter the lock box code, open the door, and all i can say is oh my!!!!!Do you remember the book you might have had when you were younger of “Harold and the crayon” well I think this is where Harold grew up. Every wall and cabinet the home had crayon pencil or marker on it at the height of an 8yr old in addition to candy, chocolate and burns embedded in the carpets throughout the home.  Now when I say you cant judge a book by the cover you are thinking about the shape of the home from the outside, right?  well this one was a double whammy. On my tour of the interior I came across the diary that had the exterior covered with pictures of a nice looking “All American Family”.  When I opened up and read some passages I was blown away – The author (wife) was actually documenting the hatred she had for the bank, and the destruction that little Johnny and Mary were allowed to inflict on the home…… Wow, I wonder how those kids are gonna turn out. Click Here for the video.

MAD


Email this post Email this post

On the Job Hazzards

July 6th, 2009 MAD No comments

I just wanted to share with you a few interesting on the job finds that occured last week. I was having a hard time trying to understand why the bank was dicounting these properties at more than 50% until I reviewd them click the video to see why!!

Whoa!!!!!! that water is a powerful thing both when frozen and standing stagnant. Just a friendly reminder to those of you with pools… winterize them properly!!!!!

MAD


Email this post Email this post

SEO Powered by Platinum SEO from Techblissonline