My Deals

I know I'm not the most active person on these forums... I'm actually more active on DGIE and lately I haven't even had much time for that. I've honestly been busy building my business!

Anyway... tomorrow morning I'm going to be getting the assignment contract from the seller, signing it, passing it along to my buyer and closing my first REI deal since joining the Success Academy in like April 2011. I didn't do very well on the SA stuff, but being here on DG and especially on DGIE and networking the heck out of the MNREIA has payed huge dividends.

Hello REI Professionals,

I 'm happy to present a solid $4,650,000 Real Estate Investment Portfolio in the St. Louis, MO Area for sale. Now is the time to invest in Real Estate due to current property prices and for positive cash
flows! Here is some info:

* Retail Market Value: $7,600,000
* Sale Purchase Price: $4,650,000 - 61% RMV
* Total units: 112 SFRs and Mutifamily units
* Total Sale Cost Per Unit: $41,500 approx
* Total Monthly Rental Income: $75,000 approx
* Total Yearly Rental Income: $900,000 approx
* All properties have been renovated

This REI Offer will not last, because a similar but larger portfolio was sold a few weeks ago. These
properties can be packaged as you wish or an entire portfolio can be purchased with an additional

I'm a little late in posting this, but I figured better late than never. I found my first deal in July of this year. Purchased a house that needed some work due to it being a hoarder house where the owners passed away. A lot of the clean up had been done by the family already, but I still had to take out about 8 truck loads of scrap etc.

The owners son who inherited the house wanted nothing to do with it and offered it to me for 60k. I did comps in the area and most homes were between 90k-110k. I wrote up a contract and purchased the house with the intention of doing a double close to a buyer of mine. The buyer I had wasn't interested, but he knew someone who he thought would be. As it turned out, neither wanted the house so I closed on it with the help of insiders cash.

Ok, I have started reading Dean's latest book and I have a potential first deal.

Here is the deal I 've been reading DG book Your Town Your Real Estate Profits. I came across Greg Murphy who mastered The LEASE OPTIONS strategy I like this strategy because it's low risk and I have no money no credit. I put out a couple of bandit signs and got some traffic on my phone. A seller called me and said that a real estate agent couldn't sell his house and it's been 90days. I said to the seller well are you still under contract with the agent and he said yes but he is going to take it off the market. I said great because I may be able to help you sell your home faster. I received another call from a women who is looking to rent a home or buy.

I just recently started Deans 30 day program and the first step in the program tells you how important it is to find "the best agent"... well, I'm beginning to think they don't exsist in Michigan!
I have spent the past 5 days contacting agent after agent and when you mention a profit of 20-25K(as the the instruction video said to use) they all tell me it's impossible and basically laugh in my face. Even when I lowered the profit amount to 10-20K I still can't find on that says that's possible. All I keep hearing is " I am a seasoned investor and that profit margin is not attainable.
I'm so frustrated! I even spoke with my in-laws realtor and she said and did the same thing, only a little more polite. Has anyone done any deals in Michigan, the metro-Detroit area recently?

Hello REI Professionals,
I'm happy to present this profitable REI Fixer in Los Angels. Here is the info:

* 2bed/1bath
* 750 sqft
* Lot: 2,359 sq ft / 0.05 acres
* Built in 1924
* Purchase Price: $95,000
* Similar properties have sold in the area for $175,000 to $200,000!
* Estimated ARV: $175,000
* Priced at 54% ARV!

This REI Property will not last because it's L.A! This is a great offer for a REI
Direct Cash Buyer/Rehabber. Please pass this info if you know someone that
might be interested in this L.A. Fixer. Let me know if you have any questions. Thanks and take care!

Regards,

Hello REI Professionals,

I have four REI Portfolios in the Phoenix, AZ Area for sale. There's a great opportunity in REI in the Phoenix, AZ Area. The portfolios are as follows:

* REI Portfolio #01: 18 SFRs - $1,620,000
* REI Portfolio #02: 7 SFs - $800,000
* REI Portfolio #03: 12 SFRs - $1,200,000
* REI Portfolio #03: 25 SFRs - $1,800,000

These REI Offers will not last because a similar, but larger portfolio was sold a few weeks ago. E-mail me so I can forward the Excel Spreadsheet with info. Thanks for looking and have a great day!

All the best for a great REI Season!

Regards,

Hello REI Professionals
I have a profitable SFR in Toledo, OH under contract. This is a historic, classic, and vintage property! If you look at the numbers, it means $$$. We are calling all RE Investors to help restore U.S. Neighborhoods. In turn, this will bring jobs and help with the U.S. Economy! Here is the info:

* 3bed/1bath
* 1,200 SQFT
* Built in 1912
* Purchase price: $7,500 = 21% ARV!
* Property owned free and clear, no liens or back taxes
* Similar properties have sold in the area for around $35,000 to $45,000
* Estimated $35,000 ARV!
* If upgraded nicely, this SFR can sell for $45,000! This means 17% ARV!

This will not last! Many RE Investors are cashing in Ohio due to those prices.

All the best for a great REI Season!

Regards,

Ok, I had a call off a bandit sign from a lady that had lost her house to a BK. The person in charge took the trailer and was going to use it to pay off debt. Forward two years and they had given it back to her without telling her. She moved on and no one paid taxes or HOA fees. So, in steps keith...she stated she never wants to own a home again and that if she doesn't do something with it she will let it go to tax sale. I offered her 2k and she took it...Here the big boom...They own the land under the trailer...It is only one of three parks in this big city that is this way.