RaquelMangual.com
Not trying to make a killing, just trying to make a living

TAG | real estate wholesaling business

Fragrances: I thought my “professional looking” fragrance website would be up and running by now, but it’s not. I believe part of the problem is that I picked a bad shopping cart software package, then I selected a vendor who has revealed (after starting the project), that he’s never installed this particular shopping cart before. He just created a sample for me to see that he could at least do the basics. The problem with that is my project requires more than the basics. The only thing working is the Paypal module. I can’t import products or categories, and I can’t insert them manually either. Which has now given me great pause. While the site I created myself wasn’t the prettiest, it worked perfectly, and was easy to update. Now I’m thinking that I should’ve just left my creation in place, and hire someone to make it beautiful instead of hiring someone to do the opposite.

Real estate investing: One of my wholesale deals has run into a snag. I already knew it would have issues with liens, but the title report reveals that the liens are A LOT bigger than what the seller said (big surprise). There’s a tax lien of $16K, and a water bill lien of $25K (no, that’s not a typo). I’ve emailed the seller with no response so I’ll call her today. Thank goodness I have three more in the pipeline, because I have a feeling this one won’t work out.

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Here are quick updates on what’s going on with my ventures this week:

  • Real estate – I got another wholesale property under contract Wednesday, and I’m meeting with a seller to get another one under contract tonight. This will keep me on track to meet my goal of wholesaling at least one property a month. Two of the properties are shortsale/wholesale deals, and the other two are “traditional” wholesale deals.
  • Mobile notary service – I had two more appointments for notary service this week, which is okay. I’m still working on the automation of marketing this business. I contacted a targeted publication for classified ad rates, so I should have an answer soon. One of my old friends is also moving back to Philly, and she wants to be a notary. So I may have her replace me, and just run the business without having to run around notarizing stuff. We’ll see.
  • Designer fragrances – Today is the day that I select an eLance vendor to install the shopping cart software for my designer fragrance website. I’m selecting someone from overseas, which makes me a bit nervous, but I expect everything will work out. I originally planned to install it myself, but after two failed attempts, I realized my time was better spent doing other things.

That’s it for now, gotta get back to work :-)

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