My Deals

I just closed on a Mobile home i have sold for the second time.

I purchased the home 3 years ago, fixed it and sold it on a contract. I made about 6K over the last couple years owning it. and i just sold the home again for another 14K. That is on a contract and the buyer is paying me a 12% note for the next 9 years. Over that time i should almost double my selling price.

These have been good investments for me, I've been able to generate a great monthly cashflow in a very short amount of time and also with very little money. They don't cost much to fix up and I collect down payments so I don't have much money left in each one when they sell.

Hi Everyone,
I picked up my check today for my 6th wholesale deal that I have closed since reading Deans "30 Days To Real Estate Cash" book. I have been doing this very part time for the past 2 years, but I also have a full time job so I do what I can to make things happen. I enjoy sharing my success on this site to hopefully show other newbies that this CAN work, no matter what the nay-sayers say!

Hello to all,

Looking to pick your brains for some advice. I am a novice at this Real Estate, but I am anxious to give it a try. Just finish Profit from Real Estate Right Now.

I am looking to purchase the deed of an owner who is doing a short sale. The reason why I'm doing this is because I just don't want to wait for the short sale to finalize before purchasing it. The owner will also be signing the paperwork to allow me to negotiate with the bank on his behalf.

Besides the fact that the property is underwater, what other issues should I be concerned about if I take title to the property even though the mortgage will still be under the seller's name? I understand that I will be responsible for the mortgage indirectly because if the mtg payments are not made then the bank can foreclose on the property. I also understand that when the property transfers hands it could also trigger the due on sale clause on the mortgage.

I am concerned that there aren't any scripts available on Dean's website under the student resources section. There are forms and documents, however, there are no scripts provided that I feel could help your students in the long run. Just a suggestion.

Regards,
Karen

South Jersey. 2 beds 1bath. Desirable neighborhood!

1013 Lincoln Ave
Burlington NJ 08016

GREAT CASH FLOW!! Rental can easily bring in $1200

35K below-market!

Price: $57,500 obo
Repairs: $10,000
ARV: $95-100k

Interested? Please give me a call -- Deb @ 240-600-4984

Three's a charm! Just got $6,500 for wholesaling a MH! 2014 is looking truly amazing!

This diva is into MHs now!

I am now going to take a nap, which is well deserved! Two appointments and putting out signs tomorrow.

You guys can DO this! I swear!

Karen

So far this month:

MLS listed property, contract assignment: $7000
MLS listed property, contract assignment: $5000
MLS listed property, contract assignment: $5000
FSBO, contract assignment: $2500
FSBO, contract assignment: $5000

MLS listed property, just got under contract today.
I have a showing at 10:30 in the morning. 8 to 10 buyers are scheduled to show up. Really expect to have this one under contract tomorrow.
contract assignment: $5000
So that will total $29,500 and 6 deals so far. Hey it's only the 17th!!

This is how multiple offers, Deans 25/1 strategy and a STRONG buyers list works. What Dean teaches WORKS, PERIOD!!

Michael

Tonight is building a buyers list blast. My wife and I are making bandit signs with a yellow 18×12 with hand written black sharpie Ghost ad.

3/2 house
Needs gone ASAP
$ 65, 300
Call me NOW.

Post on thursday night, and will take it down on sunday night or monday night depending on response.

Last w/e I had someone contact me who had heard through the grapevine that I am an investor.

She had inherited a house from her mother and owned it free and clear. She is having a health issue and needs money quickly for bills. The house is in WV and seller and I are both in Myrtle Beach. Seller had a very good quality video of the house to use for marketing and a renter with a lease until 2/2015. No repairs needed.

Comps came in at about $151k. Got it under contract for $98K and sold it today for $112,900 cash. I never saw the house and the buyer is a cash buyer from CA who is buying sight unseen using her self directed IRA.

Assignment Contract is signed and $14,900 for Assignment fee has been deposited into my acct.

Easy Peasy!

Karen