My Deals

I haven't posted in a while, but this was one that I recently closed. This was a deal that my mother referred to me(I sometimes overlook the simple things that are right in front of me...like asking family members for referrals). My mother gave a lady that she goes to church with my number. Her mother was moving into a retirement community and needed to sell her home. She called me and I went to see the home. Wasn't in the best area, but I knew it would make a good rental. I locked the house up and assigned it to a landlord buyer within 2 weeks. The whole deal took 2 months from start to finish (due to her mom still being in the home and waiting to move). Net profit was $10,000...not too shabby. I've now given my mother her share for referring the lady to me and she's ready to find more.

Is there anyone out there that would be interested in a wholesale property in Jacksonville,Fl.Only Asking 22K. Will make a great rental.Nice area. Property Ideal for a Handy man landlord.Owes property taxes and needs a rehab. PM me for my email and details. Thanks

Wish Everyone Great Success!

I'm making this into a DG family challenge! Whomever can bring in a buyer that closes on these will make $6K! Here's your opportunity to get out and MAKE IT HAPPEN!

92K equity + $4380 gross rents per month 6 pack with great ROI $370,400! NET CASHFLOW PER MONTH: $3763 (non leveraged)

MASSIVE CAP RATES: 12.2% non leveraged | 38.54% leveraged CAP rate

Little Rock, AR! ACT SUPER FAST! THESE NOT ONLY HAVE GREAT CASH FLOW BUT ALSO HAVE OVER $92,000 in EQUITY!!!!! HARD TO FIND! 6 properties under contract and READY TO ASSIGN! CASH BUYERS, I have an excellent lender here that has no seasoning that can refinance your money out so you can REUSE your money to buy MORE!!! ASK ME HOW NOW!!

Going to check out a possible lease option tomorrow. I am so nervous. This is the first deal that i am working on. Its a 1120 sq ft house with 3 bedrooms. Could use some work but it is in rent able shape. The owners are looking for $40000 out of the property but are willing to accept less. The monthly payment would be around 560 to them. Could really use some help on this if anyone out there is willing. I told the owners i would need between 30-60 days to put any money down on the place. They said that would be possible but would want around 3000 down. here is the craigslist ad for the property:

Yahoo! I closed one of my wholesale deals yesterday in New York/Long Island and genrated 15,000! I am posting to let everyone that in New York,IT WORKS HERE! Love this site and the inspiration it gives me.

15% CAP rate for landlord buyers on this property. Use or rent out the extra garages. Double lot!

This property has everything going for it... small house on a double lot, 4+ covered parking spaces, easy to rent out and keep rented.

15% CAP rate using the following numbers:

$38,500 purchase price
$10,000 wholesale
$15,000 rehab budget
Rent house for $995/mo
Rent out one of the garages for $150/mo for storage

Rents in the area run $950-1200 for 2BR.

Quiet dead-end street on the north edge of town.

UNDER CONTRACT - 4/2, 1552 sq feet, 2 car garage
built in 1976
Needs paint and carpet throughout.

This deal has a certain urgency. If I lose the lock-up due to a lack of earnest money this property is subject to a call for highest and best. Based on the trends for this sort of property in this area for the last couple months, a highest and best contest will result in the property being sold for up to $40k higher than its advertised list price of $155.6k. I have it locked up for $115.9.

Red-hot Maple Grove, MN! Ranked in the top 25 places to live in the nation by CNN Money!

http://www.bizjournals.com/twincities/news/2012/08/20/five-mn-cities-bes...

I have not posted about my first deal yet so here it is!!!

And “they” said that I would never do it! That it was just another one of those things that I started, and just never finished. A pie in the sky dream that would never ever, ever come true!! “They” never told me to my face, but you can read the eyes; if you know what I mean….

Today I got an awesome call I was not expecting on my latest deal that funded today, not the title company calling to say come pick up your check, not the buyer saying your check is at closing but the most unexpected call from my seller!! He says, "Kathy I just wanted to thank you for all you did and all your work, my wife and I really appreciate it and now I can retire that's all I ever wanted since I am 66, one less worry and you made that happen thank you so much and God Bless you"!