My Deals

This was the most recent deal I had posted in Indianapolis. I offered to pay a finder's/bird-dog fee of $2000 if anyone could bring me a buyer. I had many try, but ended up selling through another wholesaler here in Indianapolis. From start to finish it took 35 days and I netted $5,000. Not too shabby of a pay day. The owner lived in Florida and at one point, owned over 200 hundred homes here. This home was one of his last 2 to get rid of and he was very motivated to sell. Not only was I able to make this a win-win-win situation, but I met many contacts while working on this deal. On to the next! I long for the day in which I can write my 2 week notice and deliver it to my manager

If I can do this, so can you!

Asking Price $1,600,000 for all 4.
2% or 3% Buyer Fee.

Current Market Value: $1,800,000

1619-1629 207th St. Torrance, CA 90501

$0 Rehab - Turn Key Opportunity 

Investors, this is a great Buy & Hold opportunity! These 4 Town homes, were built in 2007 and are located, side-by-side in a modern gated community. Each Town house has 3BR/3BA a bonus room. They are Turn-Key and boast a huge living room and family room with pergo floors,  9' high ceilings, granite counter tops, fireplace, maple cabinets and Pantry and the list goes on... These units have all the amenities imaginable and a 2 Car attached garage with direct access.
 
Current Rent Roll:
Town Home #1 Rent: $2,200
Town Home #2 Rent $2,300
Town Home #3 Rent: $2,300
Town Home #4 Rent: $2,400
 

OFF MARKET CA REO TAPE. DIRECT TO BANK.
THIS PORTFOLIO CONTAINS 59 PROPERTIES.
PORTFOLIO SALE ONLY.

PACKAGE IS VALUED AT $14M.
PURCHASE PRICE $12,164,343.51 FIRM, PLUS 3% FEES.

THIS PORTFOLIO CONTAINS 59 PROPERTIES OF WHICH 47 ARE SINGLE FAMILY HOMES, 9 DUPLEXES AND 3 TRIPLEX'.
58 PROPERTIES ARE IN CALIFORNIA AND 1 PROPERTY IS IN MESA, ARIZONA.

**Important** Need LOI & POF to be considered.
Move Quick Before They're Gone!

Thank you and we appreciate your time,

Contact: 310-351- 6579
Email: bulksale360 @ yahoo. com
Mimi

Here is the short version of the story. My husband and i are helping my sister inlaw find a new home. We have looked at a house that she would like us to make an offer on. The house is 538 SQ feet. It has a basement that can be fixed up too. Needs some work like windows heating and new roof. The place is in a small town in the twin city area. There is only street parking no garage and no driveway.It is also boxed in and up on top of a hill. Concrete steps on two sides of the house to the street. There is nothing in the area to look at comparibles on. No house quit like this one that i have seen. What would you offer on a house like this?

hey dg family its been soooo long since i posted here as i have been building my dream home with the profits from real estate!!! the edge was AWESOME and i am ready to ROCK the real estate world this yr....i just wanted to say most deals are CREATED and when u make an offer and the motivated seller seems NOT THAT MOTIVATED,,, dont worry just return another offer a week or two later n see if they change?

Hi,
I am new to real estate. I have listen to DG for a few months. Now an opportunity has presented itself and I am not sure how to proceed. I was a voluntary caretaker for a 102 year old neighbor and her tenancy ended with her passing -- now her apartment/coop is available from the owner in Brooklyn NY City. It is old and needs lots of renovations/work. I was thinking about purchasing and rehabing and reselling and now am considering wholesaling which I saw in DG info but not sure how to do it. What ideas do you have? What are my steps? THANK YOU DG family.

This was a really solid split level, 3/2 – 1700+SF home in a part of town that everybody and their brother is looking in….Investors anyway! It has VERY large man cave that has about 25-30LF of Built-ins from floor-to-ceiling, and a nice Florida Room just outside of it!! Just needed a Unit, kitchen flooring, and a little upgrade from the 70s! LOL!

ok, for those of you who haven't been to the Edge Event... one of these deals I bought from another DG'er at the Edge event!
Great property, great price, in my buying area, with tenant, completely renovated, 28% ROI, can refinance immediately (as soon as quitclaim gets recorded)... how could I say no??!!!

Second deal is a 3/1, bought for $10K, needs about $8K in renovations, ARV is $34K; will rent for $550-$600; closed on Friday; starting renovations next week, will be ready to rent by end of month.

Already looking for the next one...

Love buying and holding following DG's strategy!

These sort of “fell in my lap”; so to speak!....and yes, they do go together!

These 2 are from a connection I made WAY back from (I think) my initial Bandit sign run!?? A Landlord Investor that I worked with for about 6 mos, off and on; marketing and trying to sell about 10 properties.

After not closing a deal since 3/19, the end of April was FAST approaching! Earnings from the previous month were exhausted with marketing efforts (bandit signs, etc.) and the piled-up bills from being unemployed for so long! Man, I was REALLY sweating it!!

Closed on a property on Friday. Work began today to transform this place into something someone would want to buy.

Placed an ad on Craigslist "Know Of Any Abandoned Houses" (We pay a $500 referral if we close) and was contacted by the owner. He said his house was empty! He was asking $23K for his 3/1 in a small town. Followed the suggestion in one of Dean's books and asked him if he had any offers on it yet. He said "Yes; one guy had offered him $18K for it and he would have taken it but they guy wanted to pay him in 3 payments" So with JUST ONE QUESTION I go the asking price down almost 22%! So I bought it. Looks like $8K to $10K work needed. Will rent for $600 easily but hope to sell it. Always good to have more than one exit strategy.