just SOLD a property that i bought at the auction.
bought $1000
expenses-taxes,water bill,misc,-approx $2000
SOLD-$300 DOWN-$500 PER MNTH ...
SALE PRICE $4500
this deal is not a big money maker but i did learn a ton of lessons at the auction and talking with investors and about donating to charities.also learned that even thiugh taxes did not have to be paid at the auction....they are due right after the auction by the end of the mnth or it will be re levied onto next yrs taxes.
i immediately advertised this sfh that needs alot of repairs for a low down mnthlt pymnt and got a buyer within a week...on facebook and craigslist .a person saw my ad on face book and told a friend who also saw it on craigslist.
do NOT OVER LOOK FACE BOOK AND CRAIGSLIST as an advertising tool !!!!
another note...i know i am supposed to but DID NOT do my due diligence on thtwo properties and learned a valuable lesson.......if you DO NOT HAVE TIME TO ALIGN A CONTRACTOR to do repairs then DONT BID ON EXTENSIVE REPAIR HOMES.I did make a sale due to the fact that i used a strategy that works in my area !!!
learning every day !!!
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
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The total of the expense was $2000?
Thanks for sharing your lessons learned-very valuable!
Learning and progressing every day,
Valerie
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
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We live and learn everyday, but a little is better than nothing at all. Congrats Jay.
Sandra
"You can never get to the top, if you are not willing to climb. Do not look at the difficulty of the climb, only anticipate the view from the top."
"Can't even walk without you holding my hand." (Song)
"Is anything too hard for the Lord ..." Genesis 19:14
"In all things, wait on the Lord."
"Think not of your own deliverance, but trust in God who will give in abundance."
"When you are down to nothing, God is up to something." Unknown
"Our lives begin to end, the day we become silent about those things that really matters." Dr. Martin Luther King Jr.
yes just the lessons learned is valuable!!///i look at it as getting pd to learn as apposed to losing $$$$ to learn a lesson.the longer you hold a property...the more holding costs u pay and the less and less you make !!
yes total expenses were approx 2000
???? more than i pd for the house ??? YES !! like i said ...lessons lesson lesson..
normally one would get upset and worried that this deal would make them LOSE $$$ well learning other strategies can turn a possible $$$$ eater into a $$$$$ MAKER !!!
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
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Wow Jay. That's some stuff. Congrats!!!
Jay way to get her done, I'm still hunting for my first deal, went to a auction saturday, the house was in such bad condition, it still sold for 19,500, it needed rebuilt from the studs up,just no room left to earn any money in the deal. Away I didnt even bid on it for that reason. There was only one person bidding. I spent the rest of the day putting out bandit signs and the phones have been a ringing all afternoon,Anyway did you buy the house at a tax sale? Again congrads on #30 for sure...Action+knowledge=success......
"Action and Mistakes" always-outweigh "Analysis Paralysis"
http://www.linkedin.com/pub/john-hoening/23/2a3/164
"Action+Knowledge=Success....$$$$$$$$$........Just do It"
www.WeFlipDesMoines.com http://facebook.com/desmoinesinvestmentproperties
www.iowarealestateflipper.com
Thank you Travis,Val,Sandra! !!!!
J.h- don't stop...keep hammering till u get that first!!! Keep your MIND focused on making it happen!!!
Greg- the next 30 r waiting for me to dive into....its gonna happen cause I AIN'T letting up! !!!
....don't mind the grammar!!!
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
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Nice work buddy! I couldn't agree more about Craigslist... I think its one of the most under-estimated tools out there. And the best part is, its F-R-E-E!
Keep doing it!! You must be doing something right. Every since i saw your name, you've been plucking away at deals, I hope there are deals here in Phoenix, Arizona I can snatch up like that, wow 1000 dollars for a home, talk about opportunity!! Thanks again for sharing your success, I love hearing your stories.
Walk by FAITH, Believe and Achieve!!
Wow, what part of the country are you in for those kind of prices? Around here you'd have to add a couple of zeros to play!
Jill... the investor friendly REALTOR.
Due to spam... no email links!
to keep going Jay! Thats awesome!
RENinja
"Remember, success is a journey, not a destination.
Have faith in your ability."
Bruce Lee
Dave-- yes craigslist is awesome...u can advertise in ANY CITY OR STATE and get buyers or sellers.heck just run an ad in any area u want to invest in and BUILD A TEAM! !!.
Javron: deals r EVERYWHERE...the nack is FINDING THEM ....this site has ALL THE INFO needed..........although 1000 dollar houses don't come often....ir does happen......just do your due diligence and make sure there r no suprises that will stick u on your first deal.
DECIDE TODAY.....NOTHING will stop you!!!!
Jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
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jill:these #s r not frequent here either ...this was a auction property that was vacant and tax delinquent.i know elsewhere the #s r higher but a deal can be done with any #....its all in the MINDSET !!,networking ,and knowledge gained through continous study....GO GET UM !!
RUBEN :THANKS!! will not stop !!! nose to the grindstone !!!!
thanks for your support jill and ruben !!
Click Here For homepage www.jaysthilaire.com
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Always refreshing to stop by the site and see you still killing it my friend! Congrats on this amazing deal!
www.adeptpropertiesllc.com
my story:
http://www.deangraziosi.com/node/10404
Hello!!! Haven't heard from you in a long time....I know you and randy r crushing it in kc.....thanks for stopping in and your support!!!! Don't forget about the cruise!!!!!!
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
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Congrats on your dealings Jay. Wow 1000 that is pretty cheap. I'm happy and proud of you. Even though I've never met or talked to you I can almost feel your energy and enthusiasm flowing through the computer. If you can make some money on a deal then in my opinion it isn't a bad deal. At least you are still going in a forward direction. Keep it up, don't let up and build it up!
Jason
You can never fail if you keep trying.
If you do something everyday that puts you closer to your goals it will never be a wasted day.
Admitting your mistakes to the DG family for us to learn from, shows "Integrity" while teaching at the same time. We are paying attention. Much success..
_____________________________
Keep Going
Maurice
Sounds like a great deal Jay! I love small deals like that. Keep it up!
jason: thank you and yes i do get EXCITED EVERY time i do or get close to a deal !!!! this is sooooo AWESOME to do this AND MAKE $$$$ .just the feeling of KNOWING someday i can do this full time and make MUCH MUCH more as i will have way more experience the more deals i do.It doesnt matter what the dollar amount is to me at this point ....even if its 200 on a deal....the EXPERIENCE will bring me to the numbers i need when the time is RIGHT !!!! like you said ....FORWARD MOTION ,thanks again
Maurice: i agree.....admitting and LEARNING from our mistakes is what PROPELLS us to the next level...if we mess up and dont acknowledge it then we cant move forward and MASTER the task at hand because we will keep doing the wrong thing.once you know what NOT TO DO ...AND then learn what the RIGHT STEPS ARE then we can SUCCEED !!
montanaman: thanks and i WILL keep striving to climb the ladder of success!! i appreciate your congrats !!
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
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Jay you are an inspiration! Keep sharing, those small deals are still deals and another one done!
Great job!
Karen
KEEP MOVING FORWARD
"If it is important to you, you will find a way. If not, you'll find an excuse."
_____________________________________________________________________________
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
thank you karen !! it is a great feeling to know others are inspired listening and following what i have learned to do !! i in turn get inspired by many on here by listening,watching and taking action on what they share !!
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
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awesome job, i finally got my first done yesterday and can't wait to get to thirty.
i told my wife today that by the end of '12 i want to be doing at least one deal per month. i can do it and you can do your next thirty too.
keep moving forward, rob
whether you think you can or you think you can't, you're right.- Henry Ford
keep moving forward, rob
thanks Rob !! CONGRATULATIONS ON YOUR DEAL !! the first will propell you forward and give you the confidence to learn and progess more rapidly. WAY TO GO ROB !! YOU CAN DO ONE A MNTH if you set your MIND to it !!
sweeeet .
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
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Jay,
That is so awesome on number 30 deal!
Congrats!
Toy our success,
Leilani
thank you for the congrats !!! on to # 30-40 !!!!!!
DETERMINED to keep learning and sharing what i learn !!!
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
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J.h- don't stop...keep hammering till u get that first!!! Keep your MIND focused on making it happen!!!
Greg- the next 30 r waiting for me to dive into....its gonna happen cause I AIN'T letting up! !!!
....don't mind the grammar!!!
If YOU don't get them, SOMEONE else will...AIN'T nothin' but money!!
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
so true !! just money but i yearn for the experience so i can make an ABUNDANCE of $$$$ at some point !! lol
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
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12-12-2011
I had purchased a 30 days Cash formula couple of months past, followed all the rules & regulations as well as tried to applied as I was taught, still now I didn’t make a penny yet, I still have a hope, “CAN ANYONE WITHIN THE DG FAMILY CARE ENOUGH TO HELP ME OUT TO MAKE SOME MONEY”!!!!! EVEN birddogs….
Please contact me: I’m Dennis Letrong!!!!!! I don’t even know what should I leave my email address or phone #? As I wrote few months back, they‘d rejected my email & delayed until now!!!!!! SOS-SOS-SOS!!!!! I REALLY DESPERATED & NEED HELP!!!!!!
I have a bunch of Cash buyers ready to buy properties that I’ve got from Ghost adds…….
DGRBBP
PERSISTENCE is what it takes ..along with continous study.pm me and let me know your location and what your buyers are looking for and we can maybe find it for them and make $$$
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
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long in 2011. The great thing is that it will continuously get better if you just keep moving forward. You'll look back at these days and realize that what you are learning has broken the shackles of the J.O.B. Keep up the fantastic work!!
Always Looking to Acquire Houses | Always Looking to Amaze Investors