Laura J's Journal

Laura J's Journal

Hi all - I havent posted in a while- (I've fallen off the top user list, boo hoo!) Bu finally have some new info to post! Closing my first flip on monday, the 29th. There was a little delay when at the last minute the buyers title company wanted info on my LLC - but its all good to go. And amazingly - for those of you who read my story in other posts - this house sold in ONE week! There is another on the street 4 doors down that has been for sale for months. And now I have found a bank repo/short sale right next door to that - 3 doors down from my flip! Its in awful shape, and I am preparing a detailed proposal backing my low offer with pictures, repair estimates, low comps - and best of all - the fact that I am 'experienced' from just buying/fixing/selling one on same street. The one I just sold I paid 225,00 for, and it was in better shape than this one that the bank is asking 269,000! So I figure if they dont take my offer I'll tell them to hold on to it and call me when they're ready. Oh - I'm offering 150,500, figuring on countering back and forth a little. So we'll see....I just cant wait to get my hand on my next rehab! I will be submitting the offer by end of the week, and will share this experience as it goes along.
Best to everyone,
Laura


Greetings!

I am SO sorry to all of you who have posted and I didnt get the time for a personal reply. Please know I have read every post and thank you for them and follow all of you even tho I dont always post.
The EDGE was awesome as it is every year, and I strongly encourage anyone who hasnt attended to put it on the top of your goal list for next year. Its life changing for sure. The motivation, inspiration and knowledge you come away with courses through your veins and sticks with you to keep you going once you get home!!
Right before the EDGE my partners and I closed on 3 deals within two weeks, and so I came back and hit the ground coordinating contractors to begin work. We are still searching for crews we want on our power team - so I am hiring a different one for each house!! Its pretty crazy busy but all good. Right now I should have been to Lowes already with my materials lists placing the orders, so I do have to get my arse movin!! Cant start the work without them. And we have interested people waiting to see them for lease options too. Cool! Smiling
Have a great day everyone and keep taking action!!!


Laura

i hope when you get the time, you will fill us in on some of the details of those deals. it's great to hear how creative and interesting the deals are. Smiling

your DG sister,

__________________

Linda, Army EOD Mom
you can follow my journal at http://www.deangraziosi.com/real-estate-forums/investing-journals/45351/...
IT'S ALL GOOD AND EVERYTHING IS WORKING OUT PERFECTLY FOR ME!
Fear equals:
False
Evidence
Appearing
Real


NEWBY

Am totaly new in real estate,am terrified but am willing to follow through.Once and for all i want to change my life and i strongly feel i will.GOD BLESS.


Hey Linda

Thanks for posting - I will definitely post more info on the deals soon! So how are things with you?


Jonhs Realty

Hi! Thanks for dropping in and posting. Fear can either motivate us or paralyze us, so take it and use it to your advantage! Take the time to learn and then take action but remember KNOWLEDGE + Action = Results!!!! You have to have both parts of the equation! All the best to you Smiling


Hey Laura

It was wonderful meeting you at the EDGE! There are so many people's business cards I didn't get, yours was one of them.

Way to go on locking up the properties and getting teams going. I feel like I'm slacking. So many of you from the EDGE have properties under contract and here I sit still trying to lock them up. Sad Contractors drive me crazy sometimes. I have few good ones I use for different types of work. I found a new guy I'm trying for my next rehab project that I **HOPE** to be posting about soon!

Take care!


New and thanks for the Inspiration

Laura:
I have spent the last few days and nights reading journals on the DG site. I have read yours and Rina's and am so inspired by all that you have done and how far you have come. I attended one day of the Edge event this year and talked to Rina briefly but did not get a chance to meet you.

I have done a few deals where I live in California, but have the goal of doing this full time by the end of the calendar year. It is very scary, since I have worked for the federal government my entire career as a park ranger.

I am just starting to use the coaches and website much more. I am very interested in investing with others who are already successful with Dean's techniques. Is there any chance to invest with you? Or any words of wisdom.

This is my first post

Thanks
Judi


Tammy!

Hey girl! It was great meeting you in person too! So we will look forward to trading cards next time around lol Smiling Dont be so hard on yourself! You are doing awesome! Keep working and each day brings you closer to posting about your first deal being done Smiling I know what you mean about contractors, but its like everything else in this business. We keep going until we find the right people for our teams. Right now we are having two different new crews do a house each. They are actually both doing an awesome job for a good price so far - so we may have finally found not one but two here in KC! So you just gotta keep on keeping on, working hard, putting the time and effort in and it will all fall in place Smiling


Hi Judi

Thanks for your kind comments, for reading my journal and making it the place of your very first post - I'm honored Smiling So sorry I missed meeting you at the EDGE! Its great you got to be there if even for a little bit! Good luck with your goals in real estate! Write them down - its such a powerful way to make them come true and hold yourself accountable to them! I swear by it and write new ones for each day Smiling As far as doing deals - I am super busy with my partners here in KC right now, but we are always willing to look at any deals fellow investors want to send us to take a look. You can always reach me in a pm with details. So keep up the good work and set your goals high and go for it!


Ms Laura Johnson!!!!!!!

Hello there my friend!

Oh my goodness, it has been quite a while!

I have been AWOL from this site for some time, I miss it. I am making every effort to catch up.

I promised myself that I would read your journal all the way through some time ago but never had a chance ... it is on my summer reading list Smiling

Hope all is well with you and your investing!

Love Angela


Hi Laura

Just finished reading your journal; it is so amazing that we can read it and follow the thread of your success! very impressive!
I can see that you stopped adding more entries since last year; I'm sure you must be really busy with your deals-congratulations on everything that you have accomplished, and thank you for posting it here for all of us to learn from you!

Learning and progressing every day,

__________________

Valerie

“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss

"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown

My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...


hey stranger

haven't talked to you in forever. are you still doing deals with rina?
i think you were getting ready to move out of the farmhouse last time we talked. as for me i've finally done my first deal right before the new year.
yippie for me. it also means i'm way behind for this year, but my edge tickets are already paid for and i'm planning on 4+ deals before i get there.
keep moving forward, rob

__________________

whether you think you can or you think you can't, you're right.- Henry Ford
keep moving forward, rob


Open House

Laura,
How did the Open House go? Did you put the marble on ebay or craigslist yet? Hope all went well and the building is rented with clothed individuals!