My Deals

This post is LONG OVERDUE!!!! It is actually Deal #1, as I mentioned in my previous Deal’s post.

A thousand apologies for not posting this sooner. I have been VERY busy concentrating on what I call “Pay Items”, and not real well on an ‘on & off’ basis. Those years of pounding the concrete floors have finally taken their toll and these 'wheels' don't roll like they used to!!

Hello All,

Closed a co-wholesale deal a week ago today. Net $2500. We closed a short sale deal Friday while we were on the plane headed for the EDGE. Net $2340 Closed an MLS listed property on Tuesday. Net $7500. Closed a deal yesterday from a motivated seller that called my BANDIT SIGN. Net $4000.

Dean's strategies and techniques WORK. If I can do this, so can you. Don't let anything or anyone stop you!

1. Networking.
2. 25/1.
3. Bandit signs.

Last night we got a property from a motivated seller from our pre foreclosure mailers.
Under Contract for $490,000. This will pay off her mortgage and she will walk away with $20,000.

I post these in hopes that I will inspire others to invest. I truly do love real estate and believe there is so much opportunity in real estate.

Last week I purchased two homes. One was for 12K another was for 13K. I sold them to an investor for 2k each above and beyond my purchase price and closing costs and we also created an entity in which I still own 70% of the properties. My investor is just getting started in real estate and wanted my help. She was willing to put up all of the cash do the work and give me 70% of the profits as long as I helped her through the process.

She is super smart and motivated. She doesn't want to stop with these two properties. She is doing such a great job that we have talked about doing a 50/50 in the near future.

Utah is a hot market just like what we are seeing across the country.

I just had another deal come to me that is on the MLS. A Seller that is in a really tough situation lives out of state. His wife has cancer and the last thing they need to worry about is a property in Utah. This agent knows what i'm looking for and brought it to me. I will be closing on it next week. I'm just finishing up my due diligence.

When looking for deal we need to look for sellers that have need. The seller hasn't been able to sell this property because they owe about what it is worth and it has been on the market for a while.

I place these sales on here in hopes to bring motivation to others that profits can be made in any type of investing.

This home is a mobile home. I have flipped a number of them. My strategy with these is to generate enough cashflow that I can be very comfortable monthly.

This deal was great. I'm going to be able to double dip. The buyer of this home paid $14500 for the home. i have about $4500 in purchase and rehab into the home. I'm going to make and additional $6200 on the interest over the next 7 years. A total of $16000 in profits on this deal.

What i'm really excited for is it brings in another $250 per month in cashflow I can have for the next 7 years. I don't have to manage the property, I just have to make sure payments just keep coming in.

You can earn $3,000 right now! This is the perfect opportunity for new investors to get their feet wet and build build a buyers list at the same time!

All you have to do is find a CASH buyer for the following flip deal:

Single Family Home
4 bedrooms
3 bathrooms
3,921 sqft
Built in 1994

Exterior Features - Large scenic lot with excellent curb appeal, 3 car attached garage with heated driveway, solid stucco exterior, newer roof - 30 yr architectural shingles, newer windows, newer wxterior paint, and a separate building that is currently being used as a sports room, but could be finished out into a guest house, office, or second living area.

I have a deal in Indianapolis, IN that I am looking to wholesale. If you can bring a buyer, I will pay you $2k. Details as follows:

Address: To be disclosed
ASKING $24,000 OBO

4 bed/2 bath with study/office and 3354 sq. ft.

Has basement, no garage, hardwoods

22% ROI, will rent for $1050, property management fees $105/month, annual taxes $1326

Repairs estimated to be $6-8k

WARRANTY DEED WILL BE PROVIDED THROUGH TITLE CO.

The Purchase price is firm at $4.2 Million. Plus 3%. Buyer Pays Points. (Does not include closing costs.)

Net Operating Income is $540,000.

CAP RATE is 12%.

High Occupancy Rate.

Price Reduction: $400,000.

This is a Private Seller. Seller has spent $10K-$15K Per Home in Rehabs and upgrades.

Seller Specifically wants a quick close. Preferably a 10 Day Due Diligence period & a 10 Day close of escrow.

All Title and Deeds of trusts are delivered “Fee Simple” (free and clear).

All SFH’s are in Phoenix Arizona.

THIS IS A REAL DEAL!

We are ONLY looking for serious buyers with VERIFIABLE FUNDS! MUST Proof Up and follow our simple protocol first before we entertain. I will provide All documents. NO NEGOTIATION.

All DG Members must PM me.

I have another home in the Kansas City Area for sale. Its a 2/1. Zillow- $90,260. Eppraisal- $38,647. Please inbox me for details. Cash only please and thank you.