I found a house that could be a possible rental b/c of the way the previous owner split up the house. So I could have 2 tenants instead of just one, which is a great bonus. They are listing it way below FMV and it has been on the MLS more than 100 days. The listing says that the buyer needs to get rid of the house FAST! The only catch is the location. It is located in an area that has crime and is an all around not so great neighborhood.
My Deals
Retirement Community Trailer Park 4 sale ( Need help )
June 28th, 2009 | posted by paul858I found a good profitable cash flow that will be coming in each month after all the monthly expenses paid for and bring home about $4,500. That is not bad !! The question is that how can I do this ?
Deal # 8 – More Tax Deeds on the way….Dean’s programs and books lead to even more delightful deals with great potential!
June 26th, 2009 | posted by Indiana-JoeHello DG Members,
After we received the tax deeds in the mail from Deal # 7, we contacted our attorney that filed the paperwork for the tax deeds. We had purchased other tax sale properties but we were not sure if the properties were redeemed since we did not hear anything on the deeds. To our delight these tax deeds will be mailed at the convenience of the county completing the paperwork. Our attorney assured us all the information was signed, sealed and delivered and it is just the process of the county to process the tax deeds as they have the time.
Deal # 7 – Dean’s books and techniques lead us to acquire land parcels near a recreational lake for pennies on the dollar!
June 26th, 2009 | posted by Indiana-JoeGood Morning DG Members,
We are having a terrific summer as we continue to learn from Dean’s books, programs and the DG website. We are delighted to inform you that we were able to acquire several parcels of land in a tax sale thanks to Dean Graziosi and his techniques, tips and information. Dean really inspired us to look into tax sales and we recently received tax deeds on various parcels of land near a recreational lake.
Just do It!!
June 25th, 2009 | posted by dscvdvrGreetings all,
I just wanted to post some thoughts that I am sure have passed thru the site before, but I want to say also.
My thoughts are geared towards those still working up the nerve to do that first deal.
We read the books, we join the academy, we read some more, we go thru the forum with zeal gaining all the knowledge we can, but you know what? It's all for nothing if we do not act.
Highrise Condo;Downtown San Diego overlooking the bay/ocean
June 25th, 2009 | posted by Paul RuggirelloI need help!
My First Counter Offer....Need Assistance
June 24th, 2009 | posted by BryanSr.I put an offer in with a realtor and got a counter yersterday. The listing price was at $99k and I offered close to asking at $90500 with a $500 deposit. Now I went in too fast, going off of my averge findings of the value at around $200k, thats before I got the comps in at around $104k. I was looking to assign the deal at the end, but Im starting to think that it is not a good deal.
FIRST DEAL...Another new DG'r makes their move!
June 24th, 2009 | posted by Kingdom Propert...Bought books in April (BARM & Profit from REI Now). Read both in 2 weeks and have spent the last 2 months in "The Cycle"...
Researching, planning, getting scared, getting motivated by DG website members, REPEAT...
Sound familiar to anyone? Well for the past 2 weeks, I've tried to take more productive steps by meeting w/ Mortg. Brokers, RE Agents, Banks, etc...
I DID IT!!!
June 23rd, 2009 | posted by pimpedoutgeeseI actually did it!!!!
Ok I'll try and remember all the particulars...
Deal # 6 - Bank Provides 100% Financing on REO!....Dean Graziosi’s books, website and information made this happen!
June 22nd, 2009 | posted by Indiana-JoeHello DG Members,
On May 7, 2009, I started the following thread “Getting a bank to Finance an REO!”
This can be found at:
http://www.deangraziosi.com/real-estate-forums/my-deals/20527/getting-ba...
The old saying of patience is a virtue is so true. I posted my story starting on May 7th, and I remember it like yesterday. We were so pumped up from Dean’s Live Gain the Edge Event 09 that we were on a mission to get on the path to success and financial freedom. On the 4 hour flight home from Dean’s Edge event, my wife and I made an action plan list of everything we needed to do. My list included the following action item “contact at least 3 local banks and inquire about REOs”. Thus, that is exactly what I began to do.
