Posts Tagged ‘ christmas ’

Once a month is not enough

I know I haven’t been posting a lot lately but in all seriousness, it’s because nothing has happened that’s worth mentioning.  I keep looking forward to that post I’m going to make when i earn my first million, but that’s a good year or so away.

Right now we are moving forward and have closed 2 deals, and are working on more.  The problem is that the deals are falling much too slowly, so we need to get our marketing figured out asap.  The good news is that we are in communication with a real estate agent in Las Vegas, who happens to be a heavy hitter and she’s extremely excited about what we are doing/offering.  She said she can refer us a lot of business and we are hoping that she helps us get over this hump.  I have a conference call scheduled with her this week.

Our own marketing efforts continue to fall short but we are committed to this and not going to give up.  There is simply too much money at stake.  We can make a boatload just bringing in a little bit of business, but the astronomical money will come if we can iron this thing out and bring in 50-100 deals a month.

I’m super excited because 2012 is really going to be a great year, but I’m also anxious because things are not working out as quickly as I had hoped.  I want to hit the ground running in January and don’t want to waste any time still trying to figure shit out.  We need to have 500 deals on the books before the end of 2012, that is a MUST!  I figure we have 12-24 months before people start doing what we are doing and the competition starts to really get saturated.  I’d like to have 1,000-2,000 deals on our books before that happens.

Anyways, I’m looking forward to 2012 and this holiday season will be a laid back one.  It’s been a long ass time since I’ve been financially stable during the holidays and doing alright.  I was actually able to buy myself some Christmas gifts, which I haven’t done in years!

I’m going to enjoy this down time because int he New Year it’s on!

I’ll probably make another post before the end of the month but I wish you all a safe and happy holiday season.

 

Merry Christmas

Posting on my blog has been really hard these last few months as I’m sure you can already tell.  My posting frequency has dropped significantly and it’s not that I don’t like writing; it’s that I really have nothing to say.  These last couple of months since we stopped our Green Lighting business have been very slow.  The new thing we are working on shows great potential but it simple isn’t a lot of work, and with the holidays we’ve stopped all of our marketing until the New Year, so we haven’t had anything to do in several weeks now.

My goals for December are a fucking train wreck, and I honestly don’t know if I’m going to hit any of them.  Instead of Goals it should be listed as “failures” because that’s what it is, lol.

In the New Year I’m going to put more thought into my goals so I set something attainable.  It’s great to have goals but they have to be realistic and if you aren’t even coming close to hitting them they can end up being non motivating which is the opposite of what they are supposed to do.

I’ve been lucky that I have been able to live off of the residual income from my old business these last few months and I should be ok until I get that check from my grandmother; if I ever get it.  My business partner took up a part-time job and lasted two weeks before he quit and he was fucking miserable so I’m grateful that I didn’t have to put myself through that.  Sitting home by myself all day kind of sucks but I rather do that then go to some 9-5 job that I fucking hate.

Lately I’ve been thing; “how will my life be different if I had money?”  To be honest, not much would change.  I am who I am and my lifestyle most likely won’t change much.  I’ll still workout every day; I’ll still get up at the same time and do the same shit.  I’d obviously be driving a nicer car, be wearing nicer clothes and owning a home instead of renting, but aside from those things, the money really wouldn’t change anything.  It would be sitting in my bank account and giving me peace of mind, that’s about it.

The guy we are working with was supposed to call my business partner to give him and update on the “whale” situation and he never did.  My business partner is fucking pissed about it and so am I.  He told my business partner to call at a specific time and day and when he wasn’t available my business partner left a message.  The guy never returned his call and basically blew him off all week which is fucked up because this is supposed to be someone we are working with.

We can’t tell the guy to go fuck himself because we are forced to continue working with him so we have to do our best to keep the relationship tolerable.  This guy is supposed to talk to the investor on the 27th so I’m assuming he was blowing off my business partner because he really had nothing new to tell him.  However, you don’t ignore phone calls and not return messages especially when they are coming from one of your people.  That’s just fucked up in my opinion.

So here’s how it looks right now.  We have 2 prospects that may potentially buy in after the New Year.  The “whale” is completely out of our hands, but if we close 1 deal with one of these other guys we’ll be feeling pretty good.  We just need to close that first fucking deal.

As for my plans today, I have no idea what I’m going to do.  I got a shitload of chicken in the crock pot and I’m sitting around doing nothing.  I was debating on if I should go to a movie because nothing else is open but we’ll see.

If the gym were open I’d be the only fucker there…

Merry Christmas everyone.

Christmas is in 5 days…

I’ve been somewhat of a Grinch lately and I’m glad I setup my Christmas tree this year because I probably would have been much worse if I didn’t do that.  As I sit here, drinking my cup of coffee I can’t help but over think our current situation with this “whale” we’ve been dealing with the last couple of months.  I told my business partner that it’s to the point where I just want a definite “yes” or “no” so I can move on.  Also, I have not heard any update on my grandmother’s estate and I really need that money so I don’t know what’s going on.

Luckily I got some extra cash here and there from family members for Christmas so I should be ok for another 2 months or so; without that, I would have been barely able to survive the month of December.

If I don’t get that check for my grandmother by then, I’m fucked.  There is no other way to put it.  That check will cover my living expenses for another 6 months and allow me some extra cash to spend on marketing to get more prospects so we can close our first real estate deal.

I’ve been working out like crazy because I literally never leave my apartment and it’s my only break from this hell-hole.  I’m getting in great shape though, so I guess that’s a positive.

Anyways, here’s a more thorough update on what’s really going on.  I haven’t posted too many details because I’ve been pissed off at the current situation.

When we originally made contact with this investor and prequalified him, we handed him off to the next tier/level of employee, which is essentially what we are supposed to do.  The only thing we did wrong was we handed him off way too soon.  It was one of our first prospects and we just didn’t know how to handle it properly.  Normally, we can be that investors only point of contact throughout the entire deal but at the time we didn’t feel confident enough in our abilities to answer all of his questions; that is no longer an issue.

So we handed him off to this guy who for the first couple of weeks didn’t do a fucking thing.  We finally got on his ass and for whatever reason he’s been gung-ho these last couple of weeks about this guy and closing the deal.  My business partner and I were wondering the entire time, “where was this attitude when we first handed him off??”

Anyways, this “whale” said he liked the investment but he wanted some deviations from the standard deal.  Normally we wouldn’t do this but when you are talking to a guy who claims he wants to buy 10 a month over the course of an entire year (100+ properties) we are willing to negotiate.

The investor made some fairly normal demands and we got word back that we could do everything he wanted, so everyone on our end was happy because we figured, “we got a deal.”  Well the last time this investor was talked to was 2 weeks ago and he basically said that he needs to “think” about whether or not this deal is right for him and if he wants to do it.  This happened after we gave him literally everything he wanted, so what else is there to think about?  We tried contacting him last week for an update and every time he was called, he was not able to talk and he asked our people to contact him back on the 27th of the month; after the Christmas holiday.

The second I heard that I immediately thought this guy was a tire kicker and full of shit since day one.  I figured he didn’t have the money and just wanted to come across as some “hot shot” big time investor and when we actually said, “alright we can do everything you want,” his thoughts were “shit, I wasn’t expecting that; I don’t have the money.”

The problem is we never met this guy in person; we have no idea who he really is except for what he tells us.  He could be 100% full of shit for all we know; there is just no way to tell.

Then I began to think about it more and I started thinking, “if this guy really is full of shit, wouldn’t he have pulled the plug on this by now?”  I mean why would you continue to drag something on that you know you can never do.  You are just wasting your own time.  It would be so easy to make up some bullshit excuse as to why the investment isn’t for you.  “Sorry guys, I spoke to the head investors I represent and they are no longer interested in real estate;” case closed.

But this fucker keeps dragging the shit on longer and longer and I’m thinking that maybe he does have the money but something is hindering or preventing him from getting it so he is buying time.  Maybe his funds aren’t liquid and he needs to take care of that before he can invest.  Who the fuck knows?  I just don’t see why someone would drag something on for so long if they weren’t seriously interested.

The good news in all of this is there has never been a definite “not interested” out of him yet.  So until we hear that, we have to move forward as if this deal is still alive.  My business partner is going to be talking to the main guy who has been in communication with this investor, sometime today.  Hopefully he will be able to gain more insight on what the true hold up is and what this investor is really thinking.

We have some pending deals for the New Year and they could both turn out to be great deals for us with large commissions, but this one whale is really the one we’d like to close because he is talking about buying multiple properties over the course of a year or several years.  That one deal could literally make our 2011.

So that’s more detail in regards to what’s going on.  If January comes and we close these two other interested prospects, we probably would give a shit about the whale anymore.  We just need to stay focused on what we can control, which are these prospects we have for the New Year.  The other shit will work itself out on its own.  It’s just annoying and frustrating when you are dealing with months of communication and we still don’t have a definite yes or no from this guy.  Shit or get off the fucking pot, seriously…

All I want for Christmas is this guy to say, “Let’s do it,” to sign a letter of intent, and to get the contract paperwork started for him to sign.  That’s all I fucking want.

I’ll post an update if my business partner finds out anything today, but I’m sure it will be the same bullshit we’ve been dealing with the last several weeks.

Internet is down and I’m sitting on hold

I figured I’d write this blog post while I sit on hold with Qwest to get my internet back up.  Last night we finally got some good news.  It turns out that both the “whale and the president of the company we represent verbally agreed to the terms of the deal we’ve been trying to negotiate over the past few weeks.  A few details need to get ironed out and we are going to get another update on Thursday (tomorrow).  I was extremely happy to hear this, but I can’t jump the gun yet.  A lot can still happen and I just have to stay positive.

When we talk to the investor on Thursday, if he’s still good with everything, then lawyers need to get involved to draft up the paperwork (god knows how long that will take) and once the paperwork is complete the investor will want to review it.  Once he reviews and signs it, then we are good to go.  Realistically, sometime in January is when we’ll probably get our first batch of commission from this if all goes according to plan.

2 things we still need to know; has the terms of this deal affected our commission and how many properties is he buying on a monthly basis.  Bare minimum it seems like he is going to be buying at least 10 properties a month for the next year.  If we get our full commission, that amounts to over 700k for us over the course of the next 12 months.  If we don’t get our full commission, then obviously that number can change greatly.  Also, if he decides to buy 20-30 properties a month then we can make a nice buck.

Again, it all depends on what our commission is going to be and how many properties he buys.  No need to count your chicks before they hatch.  I’ve done that too many times in the past and got fucked literally every single time.  I won’t do that this time.

Other than that, we have 2 guys that still seem to be potential buyers, one has blown us off until after the 1st of the New Year, and the other we are still trying to follow up with.  We are running another ad this weekend to try and generate some more leads/prospects and will continue to do so.  We’ve also came up with some other ideas in terms of marketing that we are going to start experimenting with shortly.

Anyways, getting that message last night about the investor really put me and my business partner in a good mood.  It couldn’t have come at a better time either because I could tell my business partner was getting frustrated and I felt that he was to the point that he wanted to pull the plug on this operation.  I wasn’t going to, but I felt he wanted to.

Also got some more good news in regards to my grandmother’s estate and things are moving along, hopefully before Christmas I should have the cash, if not, then hopefully before the new year.

I can’t believe its December 1st already, Christmas is around the corner.  I need to write my new goals for this month…

I’ll keep you all updated.

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