Cha Ching!!!

Cha Ching!!!

My relocation has definitely been a good choice! It is so exciting to now live where people ACTUALLY call you when you put out bandit signs!

The very first week that I was here, a retired doctor called us. He had just paid cash for a new house in Aug '12. FMV $169,900. He is from up North and has a family member that is ill and he very much wanted to relocate ASAP! Said he knew he would lose a lot of $$ but that didn't matter to him. He just wanted it done FAST!

Right now, in this area, there are about 5,000 houses for sale. Avg DOM is 180. He didn't have time to wait.

Got it under contract for $105K and We would pay all his closing costs.

The very next day, the first people that looked at it grabbed it. We had priced it @ $134,900 and they pay all closing costs. When they asked if we would negotiate on price or terms any, I told them, "No, and if you walk out that door w/o putting it under contract, my phone is ringing off the hook and the next person will grab it." They signed immediately. They had been shopping the area for six weeks and knew it was the truth!

We closed with the seller on April 26 using Private Money. Today, we closed on the second half! Not one penny of our own money was used!

The doctor seller was so very happy! I kept him informed every step of the way so he was very comfortable. The buyers were thrilled because they got a prop $35K under price. And my partner and I are pretty darn happy, too!

NEXT!

Karen

__________________

"You're never too old to be what you were meant to be!"

www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...

"Shining Like a Star & Dancing on Sunshine"

"Shoot for the moon! Even if you fall short, you'll still land among the stars!"


Amy

amynj33 wrote:
That's great that your move has been a profitable one! I am branching out to different areas because my area in NJ just hasn't happened for me. Hopefully with some planning and hard work these new territories will be my magic bullet to financial freedom! Onward and upward!!
I love Myrtle Beach, and wish you all the luck there!!

Sometimes that's what we have to do to succeed. I wish you the best! Let me know if you ever come down and we will get together.

Karen

__________________

"You're never too old to be what you were meant to be!"

www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...

"Shining Like a Star & Dancing on Sunshine"

"Shoot for the moon! Even if you fall short, you'll still land among the stars!"


Ronda

Romaluv22 wrote:
I am always happy to see successful entrepreneurs succeed.

NEXT! Congrats you guys!

Romaluv22
Signing Out,

Sorry, I skipped a few there. I read your bio and it sounds like you are working hard and have a good plan going. I look forward to hearing of your first deal soon.

Karen

__________________

"You're never too old to be what you were meant to be!"

www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...

"Shining Like a Star & Dancing on Sunshine"

"Shoot for the moon! Even if you fall short, you'll still land among the stars!"


Reynold

Ray26CT wrote:
Way to go Karen on this home run deal. I've been thinking about moving to a better market myself. Well keep up the good work.

Sometimes we just have to do what we must do. It was a VERY big step but I think it will be well worth it.

Good luck to you! Let me know if you decide to move.

Karen

__________________

"You're never too old to be what you were meant to be!"

www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...

"Shining Like a Star & Dancing on Sunshine"

"Shoot for the moon! Even if you fall short, you'll still land among the stars!"


Tony

CaliTony wrote:
great to hear you are doing well sometimes you have to move huh to make things work, geography matters. Congrats, I am working on my next deal should have it soon partnered w/some people in the midwest, geography matters.

I agree wholeheartedly! Geography DOES matter. No matter what anyone says differently.

Karen

__________________

"You're never too old to be what you were meant to be!"

www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...

"Shining Like a Star & Dancing on Sunshine"

"Shoot for the moon! Even if you fall short, you'll still land among the stars!"


Kristin

KRISTINandDAVE wrote:
$22k!!! AWESOME!!! I'm still plotting my "big" deal but enjoying the singles and doubles in the meantime!! Congrats and thanks for sharing all your details!!!

Kristin

Your deal will come. There is no other option. The only way you fail is if you quit.

We will all do the happy dance w you when it happens!

Karen

__________________

"You're never too old to be what you were meant to be!"

www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...

"Shining Like a Star & Dancing on Sunshine"

"Shoot for the moon! Even if you fall short, you'll still land among the stars!"


Thanks, Mike!

reinvestor42 wrote:
I knew you'd rock it, compared to price ranges etc from LA lA land

Much more lucrative here! Eye-wink

Karen

__________________

"You're never too old to be what you were meant to be!"

www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...

"Shining Like a Star & Dancing on Sunshine"

"Shoot for the moon! Even if you fall short, you'll still land among the stars!"


Hi Kathy!

KatCanDo2 wrote:
Karen, I was going to ask you when you moved, did you have any buyers there in Myrtle beach? Then I saw that you simply just used a Postlet on to craigslist, is this where you got your buyer from, craigslist? And did you already have some buyers in myrtle beach before your move?

thanks for your help!

When I moved here, it was to partner w another DGer, John Trivett (JT). It was a perfect situation. JT already has a buyers list and a team set up. We actually were doing things together before I got here. So, when I got here we were able to hit the ground running.

JT posted the house on Postlets and it went to a number of places. The buyer saw it posted online. Not on CL but on one of the other places where it posts. I'm not sure which one.

Karen

__________________

"You're never too old to be what you were meant to be!"

www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...

"Shining Like a Star & Dancing on Sunshine"

"Shoot for the moon! Even if you fall short, you'll still land among the stars!"


Congrats Karen and TJ

Glad to hear of your success.
I've been contemplating a move myself as my area of FL is not really a "hot bed" of RE deals. This just adds fuel to the moving fire. (?) Time will tell.

I wish you nothing but great success from this deal forward. Laughing out loud

Keep us posted Eye-wink

Andy Sager ( The big fish guy)
DG's AndyS
CFIC and IE member

__________________

Andy Sager
DG's AndyS
CFIC & IE member
2013, 2014, 2015 & 2016 EDGE Alumni Laughing out loud


CHA CHING LOVE THAT SOUND SO MUCH

great job Karen

WALT