My Deals

I'm kinda hung up on how to write an letter (offer) to prospective Seller. I've been following a particular piece of property I'm interested in near where I brought Deal #1. With this specific property, the Seller owes past due taxes on it and I pretty much want to see if I can lock up the property using a Sub2 deal where I bring the taxes current and the owner deeds the property over to me to dispose of as I will.

Hello...

OK, goofy heading, but for those who haven't been reading my journal this month, I wanted to share this purchase I'm in the middle of. I happened to put a post on Facebook last month about a rental property I was thinking of selling. I had a party respond that actually had just that day decided to sell off all their rentals (5 duplexes and a SFR). They presented such a great deal I switched gears to being the buyer instead of the seller. I was the first one to know of their decision, and knew to jump on it fast after viewing the properties. (ANSWER WHEN OPPORTUNITY KNOCKS! QUICKLY!!!!!!!!!!!)

Hi DG Family,

I purchased Dean's books four months ago and have read it three times but I haven't had my first deal yet...

However, I am having a potential first deal now. My offer got accepted 4 days ago, and I need to close before Nov 13..
It is a townhouse (but looks like a SFH though..)
4/1
1804 sq fee
Lot size 2178 sq feet
Accepted for $125,000
All commissions are paid by seller
Asset Value: $206,000
Comps: $160,000 - $180,000 but all of them are smaller and older than it.
The houses in this area are usually sold for their AV +(-)20,000 or so.

i am looking to partner with someone that has yet to get that deal # 1.do you have what it takes to get that first deal under your belt??. ok i need one more deal to get my 5th deal and get my success academy refund!!i am as excited as i can get!!and you can be as excited to get #1 done and on to #2,3,4,.
i want to partner with someone that has learned deans teachings and is willing to make a deal happen.we can combine our resources and learnings to accomplish a milestone for each of us.it will be a win /win situation!! if you r interested pm me and lets talk !!

Hey guys!

I'm super psych'd!!! I just got another single family home on Friday. This one is a beautiful 4/2, 2300 sq ft, 2 car garage, CAC with a 75% finished basement, in an excellent neighborhood.

I found this one after asking my agent to run "below assessed, quick sale, relocation, divorce" buzz words in some of the higher end neighborhoods. It turns out I found a regular sale that was priced 58K lower than FMV by a relocation company.

I just received notice from my RE that I got an accepted offer on an REO I bid on yesterday. It is a triplex, that I paid 114k for and a conservative FMV is 255k.

I am working on my second offer finally. Going to look at the house first before I make my offer. It is a 2br,1ba place on a corner lot. Completely renovated already, owner bought it for his daughter to live in, appraised at 45,500 asking price is 48,300. Good location close to schools,stores and downtown. Houses in the area rent good too. Less than half an acre ground, outside storage building, fenced in yard. Owners want to sell and not rent it out. Not a foreclosure or anything. Has 1300 sq ft living space taxes are around 960 yr.

deal # is in the works.the contract is being drawn up by attorney as we speak !! the deal is a 2006 astro 3bdrm 2 bth manufactured home that i recieved as a down payment on the house i sold a couple mnths ago as deal # 3. i have been actively advertising,marketing to sell this for a couple mnths.

I am new to this website & looking for help. Two years ago I purchased my first tax forfeiture property, which needed a way more work than I realized. Being in a small town, my plumber aka handy man, thought he could take on getting bids for electrical, do plumbing himself, install appliances, tubs, sinks and do the sheet rock & muding, etc. Great deal for me and the State agreed to sell it on a 4 year contract. I signed the papers and made the first payment. Long story short, my family & I cleaned and hauled out the mountain of trash. Hired the plumber to get started.