Everything Else

Got a request from a buyer proofed up with 3 Million and now my partner and I are on it like white on rice. In a week ive already found 3 apartments in the million dollar range...We'll let the buyers do their due dilligence and decide if they want it and if they do ca ching ca ching...Not only that I am also working on a deal that can bring in 50k to me as it is priced 100k below appraisal, the buyer will get 50k instant equity and I will get a 50k assignment fee if all goes well...not to mention a 3% split if they buy those apartments...Keeping my fingers crossed for all deals...Send your positive energy towards me this way...thanks...

I am a new real estate investor in the Kansas City market, I have attended the first one day event, and signed up for the boots on the ground back in April. I was unable to attend the 3 day event the next week, and was going to attend one when they came back the following month. Unfortunately they had to cancel the KC 3 day event that I was going to attend and they have yet to come back close to my area. So I called the help line and they sent me the "Edge" live event videos. Awesome knowledge but I feel like I am missing the pieces to put it all together. I have done bandit signs and have kept increasing them each week. I have also attended REI club meetings, and have started networking in my area.

Hello Everyone,

I wanted to make the first step towards my success by starting a post. I think we can all help each other. Look forward to talking and meeting everyone.

Talk to you soon.

IF you are NOT using the FORMS, you are NOT getting the info you NEED to evaluate the deal to KNOW, IF, it's a Deal! (negotiating the price/repair cost will play)

You ARE wasting ALOT of TIME. (Time = the most VALUEABLE commodity we have). HOW much TIME do YOU have in YOUR Life. If we only knew.

If you're here as a 'newbie' and trying to get ahead, you CAN'T fly by the seat of your pants and try to "fake it 'till you make it'.

You need to 'qualify' the Seller, Buyer, Investor and property.

TO do this properly, you HAVE to use the FORMS. EVERYTIME!!!!

Yeah, I know ... "WHAT Forms"???

LEADSHEET/SELLER INFO FORM

INVESTOR PROFILE FORM

Buyer info sheet

RTO forms

Inspection sheet = how much repairs needed. Now or later.

Maximum OFFER FORMULA sheet

Finally getting a property under contract on friday found the property on craigslist got the offer accepted at $95k, will be assigning for $13,500 at $108,500 it rents for $1250 in Dallas...got to get the buyer in on it and close before the month is out because rent is due and I want this car hopefully its still available by then...

Any help anyone could give me on this would be greatly appreciated. I emailed the town clerk for the town I would like to invest in. I was trying to find the website where I could look up cash buyers of real estate over the last 90 days in order to fill my buyers bucket (per 30 Days Real Estate Cash).

This is the website I got and I believe I have navigated the the right area:

https://connecticut-townclerks-records.com/LandRecords/protected/SrchQui...

I'm just not sure what all the abbreviations in the "kind" box stand for or which I should select in order to come up with which properties were purchased with cash. If anyone can help me, I'd greatly appreciate it. Thanks all.

-Steve

Here are the six elements to real estate success:

1) Finding Deals - Not just finding property.
2) Evaluation - Three parts to evaluating deals:
a. Circumstance - identifying the needs and motivation level of the seller.
b. Condition - doing a property inspection.
c. Profitability - calculating how much money can be made and deciding how to make it.
3) Offers & Contracts - Contracts that protect you; presentation skill to get it accepted.
4) Financing - Two areas deal with financing:
a. Finding flexible and usable lenders.
b. Creative financing techniques.
5) Exit Strategies - Understanding the higher and better use principle.
6) Find a Need and Fill It - The crown jewel of investing fundamentals.

Here is a PM I received.

Hi there,

I've been reading a lot but haven't acted on anything. I feel a little overwhelmed and would like to speak with someone on what might be the best way for me to get started. I was an entrepreneur of a health and wellness business for 10 years and decided to give it up. I have plenty of patience and drive and I'm ready to try something new. REI sounds really interesting to me! I know that once I have a solid plan I will be fine. If you could direct me to someone that might be able to help me I would really appreciate it.

For those considering real estate this is a great business.

The 4th of July is always a terrific holiday. We get together with family and friends and celebrate our nation’s independence. There is so much to celebrate!

Freedom is something at times we take for granted but should also cherish. We are free to do what we want and have opportunities that others wish they only had. Sometimes we do not see the opportunity because it is right in front of us.

We have to have that same fight when it comes to our freedom. To be free of a daily job! Free of a daily boss! Free of doing something we do not want to do! We know we can do better. We know we are destined for great things but we need to fight the obstacles and over come whatever is holding us back.

NETWORK! NETWORK! NETWORK!

Location! Location! Location!

With any business, it is always important to network with others. The more we network the more we can share and learn. Several DG Members that live in the Central Florida area have inquired about meeting up for a dinner or lunch during our next visit to the Sunshine state!

If you are in the Central Florida area and wanted to have a get together for lunch or dinner, please send us a message and we will try to set a date and a time where we can meet during the next week in the Orlando, Florida area.

We wish everyone a happy and safe 4th of July holiday!

Believe and Achieve! - Joe and Stacey