Reat to Own Deal Closed 2/5/14 = $3760

- Yesterday

KNOWLEDGE =
- Sat through a 3 hour class on real estate data storage. How is that real estate related = real estate files and contact stored with disaster back up. You do not want to have all your information / contact stored in one place to potentially be lost. A lady in a recent class had 6 years worth of contacts lost. She will loose undeterminable amounts of money due to that loss.

ACTION = Duck Oil in use alert!
- Recieved a call from the sellers agent telling me she had changed her mind and dicided not to lease option the home (had appointment for 1:00 yesterady to discuss LO and then I was showing the home at 2:00 to sandwich lease option). Insert Duck Oil - I am getting closer to a deal! On this one I am not going to give up. I will wait one week and she if she has changed her mind. This lady needs (my?) help. She want to move closer to her family, she has had the home for sale for over a year, the home was listed at 70k, then 60k, then 50k, now 40k.
- I called my buyer and told her and she said she was just going to go rent for a year then buy when her credit was in shape (POSITIVE is that she said she had done everything my loan officer told her to all in 2 days and she can buy in 6 months to a year). Truthfully after she can get pre-approved then she can get a home that she really wants instead of a home that she kinda wants now! (POSITIVE she said she would still have me get her a home)
- Eamiled a cash buyer a home that another cash buyer of mind decided not to buy. This is cash buyer #3 on this property. Then I called a cash buyer to discuss the home. We decided that I would call him today to set appt. to see inside.
- Called listing agent on a home I showed cash buyer #3 to see if it was still available. It is going to highest and best offers today.
- Spoke to a guy who said he has 100% aquision, rehab and end loan available for me to purchase homes with. And he does, BUT, it is on his homes. May still be something to consider?

Favorite Quote from yesterday - "Next, Next and were is my Duck Oil!" - Dan Hilsman

Monthly Goal - I will have 1 house under contract by Jan. 31st 2011 (6).

On the list of people turned down for a loan at the bank.I tried this two days ago after catching up on your journaland the loan officer said she cannot give this info out but will give my cards out to peeople the are rejected. so I proceeded give her my cards. we have now developed a possible win win situation. thanks for your idea I'll let you know if a deal becomes of this. keep up the great work
JAY

Hope it helps. I know loan officers are not suppose to say this person was turned down, I am asking them to help me with the borrowers who need some time until they can purchase but need to move now. I will be speaking to one of my loan officers again tomorrow if I get any further with this I will post it. I will be trying this with several different loan officers. Just FYI, I also use First Option Mtg. I once saw you had a link for them on your journal. I use the same one you had in Atlanta Ga. Galleria Parkway - Kim Winslow Regional Manager. She has closed several loans for my buyers last year.

Best Wishes Jay!

-Dan

You stay so busy! I am so impressed! Wish I lived in GA and could use you as my realtor!

My friend who lives in Athens has been trying to talk me into moving back to the SE.

Karen

We would welcome and love to have you here in Ga. You and your efforts are empressive to me as well. I find your journal helpful and informative. As we say in Ga. - I am rooting for ya!
Sometimes it seems to me as if I am spinning my wheels. Then I realize/remind myself that I am growing and learning. I am getting closer to being a REI. Also, I have been reminding myself to think of helping others (buyers and seller) then it is easier for me to focus.

Best Wishes!

-Dan

- Yesterday

KNOWLEDGE =
- Read journal and post last night.

ACTION =
- Called 1 of my cash buyers. He is a cash buyer but has only bought a few properties over the years. I am trying to jump start him (his battery seems to have a little corrosion on it).
- Spoke to another cash buyer of mine. He has bought many homes and has a few properties that I have sent to him that he is considering?
- Spoke to one of my bandit sign ladies. She wants to move May 1st when her lease is up.
- Called a few other past sign callers.

Favorite Quote from yesterday - "I began to understand that the promises of the world are for the most part vain phantoms, and that to have faith in oneself and become something of worth and value is the best and safest course." - Michelangelo

Monthly goal - I will have 1 house under contract by Jan. 31st 2011 (5).

- Yesterday

KNOWLEDGE =
- Went to a 3 hour class on working with sellers. How to find sellers, help sellers sell and new marketing ideas.

ACTION =
- I called 2 different loan officers to discuss "helping their borrowers that can not buy right now".
*(Do not ask for their turn downs, they are not suppose to give you names and numbers of people that were turned down for a loan). BUT, both loan officers yesterday told me they would give me the people that could not buy right now (perhaps they need more time for credit repair, to get downpayment time to have accounts long enough to qualify etc.)
** Here is how I worded the conversations yesterday - Hey Jody (he is on my team as a loan officer) I am calling to let you know that I am starting a program that helps people who can not buy homes right now, for what ever reason. I am only looking to create a win/win/win situation.
1)- A win for your borrower that can not buy right now. (This is a win for
Jody because as he said "I tell people what to do to fix their credit and most of them I do not hear from again"). This way he has a better chance of doing a loan for them in the future)
2) - A win for the buyer, The ydo not have to go rent. They have a option. I will LO, lease purchase, rent or find them a owner finance home that I can sell/assign to them.
3) - I get the opportunity to LO, Lease Purchase, sell/assign or rent them a home.
My other loan guy said ok also, he is part time.
- I asked both loan officers about loan products. Conventional loan still can
have a gift of down payment.
*Buyers buying with Conventional Financing = Can by from a investor with no seasoning on the flip. That means you can buy a home and flip it to a buyer buying with Conventional financing the same day (double close) without any lender seasoning requirements.
- Spoke to one of my cash buyers about a home.

Favorite Quote yesterday -"As you think so shall you be" - Dr. Wayne Dyer P.67 - There is a Spiritual Solution to every problem

Monthly Goal - I will have 1 house under contract by Jan31st 2011 (4).

VERY good job Dan! looks like your well on your way; working your plan. Great way to utilize your OPTIONS! It won't be long now.

Quitter NEVER win and Winners NEVR quit! I like that, and as we say down here in the south I aint quittin. Been there done that and it got me know were.

Thanks agian!
Best Wishes!

-Dan

- Yesterday

KNOWLEDGE =
- Read Journals and some posts (Posts mostly on LO).

ACTION =
- Replaced 1 bandit sign (that had been removed by the city).
- Spoke to 1 cash investor and searched for properties for him on CL and FMLS.
- Called several past bandit sign callers (they seem to have disappeared).
* Reminds me of a joke I once heard - Hosts at a resturant says "Dufrain party of 4 your table is ready, Dufrain party of 4 your table is ready. Johnsons party of 3 your table is ready. Johnson says I am not sitting down to eat the Dufrains are missing. How can anyone eat at a time like this? They are probably hungry and tied up in a trunk somewere and you want me to sit down and eat"? Were do people go when they disappear? Perhaps they are all in the same place?
**A while back I did have a seller die while I was selling her home. RIP she was near a dear to me.
- Did some extensive research trying to add to my Cash buyers list. Here is what I learned. Found a Owner Finance property website. Then I located a property he had for sale. I checked the property on FMLS andfound that it had been puechased for 35k looks like about 10k/15k rehab. Then he advertises it for 85k Owner Finance. $2,500 down and 900 a month. (He currently has about 7 of these for sale). I have talked to this buyer and he said he does not think I can find proerty cheaper than he does. He is a licensed agent and is mostly buying REO's. But I can bring him buyers and get paid.

Favorite Quote from Yesterday - "When you put together your thought energy on your intentions with passion you ultimately will act upon those thoughts and you are bound to attract what you are thinking about into your life". - Dr. Wayne Dyer

Monthly Goal - I will have 1 house under contract by Jan 31st 2011 (3).

Dan you are the man and you are helping us grasshoppers find some new green grass!! I like John's quote that you mentioned and there is another I believe Rina has "Winners play hurt". Not real sure it Rina's but both are dead on!!

Lets just go and stir up some dusty...what do ya say??

You sure do go to a lot of classes! That is awesome.

What agency are you with? I am assuming it is a chain.

Karen

I like your new picture. Do you have a journal somewhere?

Sorry Dan, didn't mean to impose on your site talking to John. Didn't think you'd mind since we're all buds.

Karen

Karen no problem we area all buds.
Maximum One Realty - It is a agent owned, investor friendly company with 7 offices in metro Atlanta area. We pay a small transaction fee, set our own fees and do what it takes to help buyers and sellers and make the deal happen. No restrictions on fees from the broker. I recent moved to this co. specifically for the REI side of the business. All of the classes I mentioned are free and approved by GREC.

Best Wishes!
-Dan

- Yesterday

KNOWLEDGE =
-Read more posts and journals.

Action =
- I contacted a family needing to sell their condo. They agree to let me advertise for 2 weeks prior to it being listed. I posted ads on CL and www.kijiji.com
*I like kijiji because my post is not swallowed up by 100's of other ads within a day. I posted yesterday afternoon, I just checked and there are only 13 new homes in front of the one I posted. Also, it looks nicer, shows the picture first and then the discription. Instead of have to click on a tab to see photos.
- Spoke to 1 of my cash investor and got the name of one of his hardmoney lenders.
-Called another cash investor an LM.

Favorite yesterday - "If you think about what you don't want, and you act upon your thoughts, then you will attract what you don't want into your life like it or not". - Dr. Wayne Dyer

Monthly Goal - I will have 1 house under contract by Jan 31st. 2011 (2).

Glad you like the pic. That one's from several years ago while I was working in Aruba (No; it wasn't paradise to me - worked 60-70 hrs/wk). Notice I said several years ago. What would a current one look like?!...I'm no fool. LOL!!

In answer to your question; I do not have a journal. It's something I've been sort of opposed to doing (not sure why). I spend enough time on this site. Maybe I'll start one soon. It would make me more accountable and probably enhance my progress (something I'm not happy with, so far).

I am careful not to give advise here, so I will not. But, as far as starting a Journal goes consider this, could it hurt? I mean that in a kind way and please read it that way. If it can only help then you may want to start one. One the other hand you may not, its not necessary and you can always post questions or PM or call DG'ers.

Best Wishes!

-Dan

- Yesterday

KNOWLEDGE =
- Read more Journals and Posts.

ACTION =
- Spoke to one of my cash buyers. Set appointment to go see 4 homes Monday.
- Had 1 bandit sign call in.
- Searched for homes for one of my cash buyers.
- Checked my ads on CL and Kijiji to see how they compared to others.

Favorite Quote yesterday - "You can not manifest prosperity from thoughts of I hate being poor." - Dr. Wayne Dyer

Monthly Goal - I will have 1 house under contract by Jan. 31st 2011 (1).

- Yesterday

KNOWLEDGE =
- Read more journals and more posts.

ACTIONS =
- Spoke to a new loan officer about getting buyers qualified
- Called back one of my loan officers and reminded him to find and forward me borrowers that he has that can noy buy today.
- Called one of my cash buyers and told him I recieved hard money letter.
- Called another cash buyer and we reset a appt. for today at 10:00.
- Finished my SA for The Edge 2011 (250 words is not alot of words when you are talking REI).
- Spoke to 1 of my bandit sign callers and referred her to a loan officer.

Favorite Quote yesterday - "God himself sir does not propose to judge man until the end of his days." Why should I? - Dr. Johnson - In Dale Carnegies Book HTWFAIP.

Monthly Goal -
*Well time to look back and see why I did not reach my last months goal! Obsticals. Obsticals that I will work through. I did not put in enough offers. So I asked myself - Self why is that? Well, I did not like some of my answers and some of my answers are yet to come. I may share those in the future? But not now at this time. So I decided to revise my goal for this month.
**Monthly Goal - I will have 2 new cash buyers on my list by Feb 29th 2011.

- Yesterday

KNOWLEDGE =
- Read more posts and Journals.

ACTION =
- Put together a list of 7 houses that were bought with cash within the last month in my area.
- Called 3 past bandit sign callers (AWOL).
- Found 1 condo that is available for owner finance, lease or rent. He needs 8k down to make up back payment, HOA fees and penalties.
- Went to look at a short sale home for sale.

Favorite Quote yesterday - "If there is any one secret of success, it lies in the ability to get the other person's point of view and see things from that person's angle as well as from your own." - Dale Carnegie P.37 HTWFAIP.

Monthly Goal - I will have 2 new cash buyers (that have given me there guildlines and have agreed that tell will buy from me when I find ahome that fits there criteria) by Feb. 29th 2011 (27).

- Yesterday

KNOWLEDGE =
- Read posts and journals.
- Went to a meeting on home warrantees as a marketing tool to sell homes.

Action =
- I went to my local small bank to ask about investor, cashout, refinance with no seasoning. They sell to FNMA so they do not have a no seasoning cashout refiance.
- I went to 2 of they 7 homes that were purchased for cash in my area trying to locate the buyers. One was occupied (no one home). The other was vacant.
- Spoke to one of my cash buyers about making a offer on a home this month?

Favorite Quote(s) yesterday - "no man having put his hand to the plow and looking back is fit for the Kingdom of Heaven." - Jesus of Nazareth
- "So there you have it. Look back and your life will be hell. Indeed, remind yourself over and over: If I don't have a story, I won't have to live up to it." - Dr. Wayne Dyer

Monthly Goal - I will have 2 new cash buyers (that have given me there guildlines and have agreed that tell will buy from me when I find ahome that fits there criteria)by Feb 29th 2011 (26).

There is a wealth of knowledge on this site give by others.. Thanks to all..

- Yesterday

KNOWLEDGE =
- Read in How to Win Friends and Influence people.

ACTION =
- Spoke to one of my cash buyers about 2 properties.
- Spoke to a loan officer about investor loans. Looking for that No Seasoning, cash out Refinance loan. She only had 70% LTV with 1 year seasoning.
- Reconnected with one of my past bandit sign buyers. She is about 60 days away from a pre-approval.
- Researched properties for a cash buyer.

Favorite Quote - "People often say that motivation doesn't last. Well, neither does bathing - thats's why we recommend it daily." - Zig Ziglar

Monthly Goal - I will add 2 new cash buyers to my buyers list (that have given me there guildlines and have agreed that tell will buy from me when I find ahome that fits there criteria) by Feb. 29 2011 (25).

- Yesterday

KNOWLEDGE =
Read more post and Journals

ACTION =
- I went to a credit union looking for a no seasoning cash refi. investor loan
- I called a loan processor I know trying to her her company guildlines on no seasoning cash out investor loan.
- Spoke to one of my cash buyers he is suppose to close on a house this Wed. and will buy from me on the next one.
- I worked on organizing my buyer data base.

Favorite Quote yesterday - "Don't Criticize, condemn or complain" - Dale Carnegie."

Monthly Goal - I will have 2 new cash buyers by Feb. 29th 2011 (24).

- Yesterday

KNOWLEDGE =
- Read some jouranls and posts.

ACTION =
- Went and looked at 4 foreclosures.
- Checked information on the 4 foreclosures in the tax records.

Favorite Quote yesterday - It came from a guy my son plays baseball with (sorry I can not repeat it here). - Clark ____

Monthly Goal - I will have 2 new cash buyers by Feb. 29th 2011 (23).

Glad to see that you are doing it everyday. You know that all your hard work will pay off for you.....Jan

Dan,

I really like how you keep up with your journal on a daily basis! You're setting a great example for many of us.

Wishing you great success,

valerie

I appreciate the kind words and support.

Best Wishes!

-Dan

Just like life some days are better than others!

Best Wishes!

-Dan

- Yesterday

KNOWLEDGE =
- Read more journals and posts.

ACTION =
- Went tp look at 4 foreclosures.
- Went to look at one short sale.
- Found a Estate Sale home that has been on the market for over a year and reduced price by 40k. Home need minor work and major updating. I need to find a buyer for this one.

Favorite Quote yesterday - "Love is the emergizing elixir of the universe, the cause and effect of all harmonies." - Rumi

Monthly Goal - I will have 2 new cash buyers by Feb 29th 2011 (22).