Wednesday, November 5, 2008

We may have a buyer.

My husband met with a potential buyer yesterday who is really interested in getting the Sunrise property. He's working on getting his money together so we should know more tomorrow. We also have a second potential buyer who said he was going to drive by the property today so we should know about that tomorrow as well.

I'm pretty sure we'll end up holding onto the Ft. Lauderdale property and then wholesaling the Sunrise property. That's fine with us because they are both really great cashflow properties for renters.

Oh, and not that this is a political blog but hey, I absolutely would be remiss to not acknowledge that history was made in a MAJOR way last night with the American people electing Senator Barack Obama as the first African-American president of the United States. It was an exciting moment that I think even folks who didn't vote for him could appreciate!


So back to real estate - we're still making offers on additional properties for $30-35K a piece. Eventually we're going to find a bank who wants to offload a property for a real steal :-)

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