My Deals

I went to check out a duplex today 1930 house looked okay from the outside. Owner...so I thought or someone close to the family put a fsbo sign in yard and when I called I thought I was getting an appointment to view the house alone with him to consider this as an investment property for myself and my family. I planned on having my mother or grandfather purchase the property as they are both looking and hold it for me for a year or less while I put sweat equity into it fixing it up to rent out as it is in a great location in between two colleges and a mile from down town and 3 miles from everything else.

DEAL #1 under my belt! And my mentors come Monday 1/9. Bought a fix and flip in Ohio on an auction site. FMV $65,000 Approx rehab $4000 Got it for $7900. Will sell to first buyer that comes along for $25-30k Maybe less, not going to be greedy here. If I get 50% on my total investment, I'll be more than happy.

Hardest part was spending 8 hours on phone (probably 5 on hold) doing my due diligence.

Two things I attribute to my success--Dean's courses and Napoleon Hill's "Think and Grow Rich".

90 days ago I knew absolutely nothing about REI---If I can do this--ANYONE CAN!

Winners always win
Quitters never Win

I just bought a property in Florida for $20k. I paid a $5k assignment fee, $8k rehab, and the Realtor thinks it will sell in 30 days for $70k. Keep in mind, I'm in Utah, but developed a power team to handle this transaction over 2000 miles away! I love real estate! Just do it in 2012!

If you are interested in the city's of Cleveland, Indianapolis, and Kanas City. These homes were built around 30 to 40 years ago. They are renting any were from $600 to $1200 per month. I have about 70 rental properties and 20 fixer upers in these areas. email me if you have any questions. You can look at them on fsbitools.com

I just talk to the guy , who have a home in Tyler , Texas and he want to sale it, . I'm living in California so anybody interesting ?? . Please email me here so we could talk .
this is 4 bed
3 bath
2616 sf home

have a few 2012 goals and one of them is to buy land and build a new house for me and my wife. We have been diligently looking for land that has a great view or brook on property that also has wooded view.Karen ...my wife found such a lot 3 days ago and we immediately called the realtor to go look at.the realtor was closed but did that stop us from going to check it out ??? NO WAy !!! we drove to it and WALKED the whole property through the woods to all surveyed points and video taped and took pics.there is a big hill on top which we would build if bought and overlooking a valley that a hip roof camp cottage was built on and needs finishing.Deer tracks galore and all kinds of wildlife abound !!! .

A few months ago I posted about how I was able to make over $50,000 in 1 month wholesaling. I hope that inspired a lot of you to take action, because I was able to do this while battling with Ulcerative Colitis and Crohns Disease on a daily basis. I know everyone has their own struggles but you must think positive and never let anything limit your success in life.

I did just that and was able to push the boundaries even further and accomplish a new record for myself.

I was able to make $40,000 in wholesale profits in 7 days!!!

I posted copies off all the checks on my blog (which you can find below in my signature) for proof for anyone who needs that extra "see it to believe it". It's under the topic: "Status Update: Another Record & Still Going Strong!"

Hello everyone my name is James and this is my first post on here. I am new to the real estate investing community and am looking for a little guidance. I just signed a "Contract for Deed" to purchase a piece of lakefront property. (I'm actually buying this property from my mother.) I drew up the contract with the assistance of legal software and my mother is carrying the note. It is my responsibility to file all of the paperwork. We have already signed the contract and had it notorized, but I'm a little lost as to what my next steps include in order to make this all legal. I know that I have to take the signed contract to the county offices and file it, but do I need to take the deed to the property with me also?

2 short sales closed this week. Got two checks from my short sale team. Did not even know they closed!! My guys just wanted to surprise me I guess.

Got a deal under contract that was supplied by a fellow DGer!! As soon as I get the signed contract from my buyer I will post all the details. I have a second offer in with the seller lead the DGer provided me. If it goes under contract this DGer will have his first two deals!! Hopefully next week, making #37 for me in 2011!

Then, yesterday I got an REO under contract that I am going to do the rehab on myself. Private money at 10% is funding the purchase and the rehab! Looking to net $30,000 on this one. 90 day turn around.

Many people think that wholesaling is dead due to the amount of discounted properties on the market from the banks and short sales. However with the right strategies in place and marketing techniques wholesaling is very much alive!

This month has truly been incredible! I am scheduled to close 39 deals by January 30th. Here is the break down...

2 properties in MI scheduled to close tomorrow - $1,000.00 finders fee

4 more deals in MI hopefully closing by mid week next week - $2,000.00 finders fee

a multi unit closing on Wednesday - $5,000.00 wholesale fee

18 properties in NJ ( Part 1 of a package that I sold) $15,000.00 wholesale fee

14 properties in NJ ( part 2 of a package)scheduled to close the last week of January - $10,000.00 wholesale fee