back in the thick of it...

So, my trip away was great (for a complete report from a poker standpoint, click on the MD-Poker link on the side and look for Trip Reports), but not worth mentioning too much here.

Business-wise, things have been a little crazy. I get home to find a For Sale sign 4 doors down from me. I look up the price, and it looks like a solid investment opportunity in my neighborhood. With that, I call my three investors that are looking in the area on Sunday.

Yesterday, I show the property to investor #1, and they put in an offer. While we are finishing up, investor #2 arrives at my house. They sit on the couch while I finish up, and then we look at other properties in the area.

Investor #3 comes by today, and we look at the same property, plus another property on my block (a HUD home). He wants to put in an offer on the HUD home, as the owner-occupant priority period ended (basically, for most HUD homes, no one can submit an offer on a property except an owner-occupant for the first 10 days). However, we get to my place, the HUD home received several bids yesterday, and a "winner" has been awarded already. So, now, investor #3 wants to put in an offer on the other home.

So, I have two clients that both submit offers in on the same property...very weird situation. For my second client, it was hard because I couldn't tell him anything about the first offer. For my first client, they just need to trust that I didn't tell the second client anything. Neither of them fully listened to my advice, and both offers are good in their own way, so it's going to be interesting to see what happens...

Meanwhile, I met with a new buyer client today, so that was fun.

Okay...time to go.

Peace,
Greg