My Deals

every deal is a story in itself !! what do i mean ? well by telling or explaining everything from start to finish on a deal would or could be a book on its own .....there is also a need to cut right to the chase and give the lessons learned.
this deal of selling my duplex started by listing it with a realtor.Now the realtor i listed with was not a go getter and only showed the property twice in 6 months and this is why I was doing my own marketing.sooooo

lesson # 1- the IMPORTANCE of finding and working with an "A" player investor friendly agent !!! just like Dean and Matt specifically explain in 30 days to cash on page 33.actually Matt TELLS ALL about it on this page !!

WOW What a month!!! Have been on FIRE after getting back to business after
Getting my dream home from real estate profits built !!!!!! We are finally moved in ....... Actually been several mnths but just put the last Trim on my office window .......ummmm not me but I hired a carpenter to do it !!! And if you know me then you would know this is a bigg step for me. Really I have been PRACTICING having others do a lot for me in the last 1-1/2 yrs. I have learned to work on my unique abilities and less on my weaknesses !!!
Anyway we have SOLD our last rental ---! DUPLEX !!!!!!! YESSSSSSSSS

It's better to have a PIECE of the pie than NO PIE AT ALL:))
What I mean is sometimes we think a deal is dead in the water but we are in control of every deal by the decisions we make. We make a deal or we crush a deal. The questions we ask ourselves when at the end of a negotiation determines the outcome.

I have come to an agreement with the seller who is looking to sell his deed to me. He is doing a quit-claim to me for a 25K fee. My concern has to with the "due on sale" clause that exists in his mortgage, and most, in general. Has anybody heard or actually experienced the lender calling the note due and actually exercising this clause. If so, how much time did the bank give you to pay the note off before commencing foreclosure?

OK well let me start off with this was my first deal, I posted about it the first week of this past January. I got the 3 family house under contract for $1 on Jan 1st through using my bandit signs. This property needed total rehab and had fire damage on the 3rd floor. I assigned the contract to a end buyer for $2,500 the next day. This 1st buyer pulled out the deal a week from closing because there was a stipulation that came back from the title search that required for who ever purchased this property to have the lead removed from the entire first floor by a licensed lead certified contract, which I had no clue about because the sellers never informed me that a child was tested positive for lead on the first floor. So I decided to give the buyer her deposit back which was $250.

I had a buyer and I know what type of property he buys.
A single family home,sgft , bed and bath, and his best location in town. I went
To see the codition of the property with a friend that knew rehab.
The buyer whated $40.K. Rehab is $ 10.k or 15k
I told the home owner that i have a buyer that will call him.
I call the buyer and gave him info of the property.
And i ask the buyer if i can have a bird dog fee.the buyer said sure, how much do you want ?and i said what ever you think am worth.
In time of closing 5 days after, the buyer textsme and asking
Is $1,000.00 ok? I said yes thank you.

The Buyer said to go see my lawyer the check is ready for you. Oh the buyer got the property for $35K Value 80

The mobile that I showed the rehab pics on sold full price Saturday. We bought it for 2k and put 7k in repairs to make it a home once again. I sold it this morning for 15.9k. With the holding cost (4 months) which is 2k this will net us 3.9k and we didn't do any repairs because we hired the work out. Not a big one but they all add up.. NOW GO GET SOME

5bed/6.5ba on 1.09ac lot
Purchase Price: $2.55M
Repairs(Mainly Upgrades): $300K
Value After Repairs(ARV): $3.5M-$3.8M+
Serious Cash buyers only!
Quick close required after site inspection. No contingency period.
Property Address: 1555 Viscaino Road, Pebble Beach, CA 93953
Comps Sold:
1) 1525 Viscaino Road, Pebble Beach, CA 93953, Sold 12/20/13 at $3.25M, 3bd/4.5ba 4614sf, 0.19mi
2) 1601 Sonado Road, Pebble Beach, CA 93953, Sold 5/16/13 at $7,450,000, 3bd/4ba 6856sf, 0.13mi
3) 1559 Sonado Road, Pebble Beach, CA 93953, Sold 9/16/13 at $5.5M, 4bd/3ba 5,399sf, 0.08mi

Comps Active:
1) 1544 Viscaino Road, Pebble Beach, CA 4bed/4.5ba, 6200sf, $3.9M

Attached are the property appraisal report and profile for your review.

Good Morning!

We are working with investors on properties we are going to flip. They will be putting up the money and we will be managing the process. Is there a standard % investors typically get for doing this?

I am currently working on a lease option in FL and I am in CA I have the forms from Dean site but not really sure how to close the deal. I have two potential candidates. both are looking to move in this month. how do I know what are good terms and agreement and make sure that I have a positive cash flow and get paid up front?! help please!!!

I am even willing to pay an investor that can help walk me thru this process we are trying to close this week and I don't want to lose out.
thank you for your help
Erica