OfflineThis was a deal that we locked up almost a year ago from sending absentee letters out. The owner was immediately interested, as he was about to lose the home due to back taxes (at the time which were $5800). We locked it up for a little more than what was owed. The house had been vandalized and was in pretty bad shape, but located in an area that is being revitalized. Over the duration of the contract (we had to re-negotiate about 4 times)I showed the home to approximately 20 people. We almost gave up. I kept updating the CL post, in hopes that someone would call and buy it. Finally, it happened. I had a realtor who is also an investor call me. I told her to go look at it and make us an offer. She went to the home and told me that the front door was missing so there was no problem accessing the property and that they wanted it. Had some issues with escrow, but finally closed it. Wasn't a big deal, but ended up being a win-win for all parties.
P.S. I closed this deal with my DG partner who is in Cali 
Lenee
~Act successful! And you'll draw it to you.~
~Every achievement, big or small, begins in your mind. It starts as a thought.~
Nice Christmas present! How is the baby?
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
He is good Tammy. Thanks for asking! Happy Holiday to you and yours
!
Lenee
www.allstarhouses.com
~Act successful! And you'll draw it to you.~
~Every achievement, big or small, begins in your mind. It starts as a thought.~
...feel the same way about one of the onees I sold last week. We close it on Weds.
Congratulations! I'll bet that leading up to closing you just had that nagging feeling that it wasn't going to go through, right? I know that feeling all too well.
It just feels so good to have closed something challenging, knowing that you took something in really bad shape and got it to someone who actually wanted it. I love that feeling.
Congratulations!!
You Lenee! Happy Holidays!
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
So often we give up just short of the goal. I'm glad to hear that you kept at it and never gave up. Congrats on getting it done!
Chris
"Faith is the eternal elixir which gives life, power, and action to the impulse of thought.
"Faith is the starting point of all accumulation of riches!"
- Napoleon Hill, Think and Grow Rich
Closing today ! Took a while, but its done ! Buyer took funds in yesterday. Another one down. As I said...time and circumstance can change things. On to the next
To get something you've NEVER HAD
DO something you've NEVER DONE.
Hey way to go they call that staying focused and persistance, Jim
jbischoff
Thanks Jim!
@ Jeanine, lets get some more!
Lenee
www.allstarhouses.com
~Act successful! And you'll draw it to you.~
~Every achievement, big or small, begins in your mind. It starts as a thought.~
@ Jim..thank you, staying with it is key
@ Lenee. Just mailed 100 letters Sunday, put out 20 signs yesterday. We will see how it goes on the signs out for new years week end. Let's start the new year right! $$
To get something you've NEVER HAD
DO something you've NEVER DONE.
persistance Pays.
I make a habit of following properties after offers until the sale even if I don't get it.
It gives you a 'real feel' of the market and you can see what it did sell for.
Then go by the property later and see whats being done to it-stop in and ask ?'s. Who owns it? Rent or sale?
you can also find buyers and other REI's there.
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
Never give up! U never know when u will get a deal done. Congrats on ur persistance
yesterday is history, tomorrow is a mystery, but today is a gift. That is why it is called the "present."
"Be not afraid of growing slowly; be afraid only of standing still"
1. City I am in Springfield, Massachusetts
2.Unemployment rate 7.2 , 12 months ago (January 2012)8.3
3. Average cost of a 3 bedroom home in Springfield, Ma is $149,900
4. The average rent of a 3 bedroom home in Springfield Mass. is $970.00 - $1,275.
5.What are the average annual taxes for that property?$1,910
6. CDOM- 150 days
This will be a great town to buy 1 families with Cosmetic needs for about $60,000 all day. I am currently a real state agent and have been an investor since 1994, and I have been a licensed Home Improvement Contractor since 1991.
7. Massachusetts is a great State to invest in. Massachusetts has the best Colleges, and Hospitals in the world, plus I know all angles in realestate. Choose me I am experienced in purchasing, rehabing, and managing rental units. In 1994 I bought my first three family house for $1. I invested $70,000 in this home and sold it for 300,000 in 2002. In 1996 I bought my second investment property for $1000, a legal 6 family with 7 units. I invested $ 180,000 and sold the property in 2003 for over $400,000. I purchased my third investment property in 1997, a two family home for $2500. I invested $65,000 in the property and sold for $200,000. I could have easily held on to these properties for two to three years, and have returned almost double. I feared that the bubble would burst and found it in my best interest to sell when i did. I am now on the sidelines and I am eager and ready to get back into investing. As you know I can verify all of this through my tax returns, and the Massachusetts Registry of Deeds. I am your guy waste no more time.
Paul Jones
O: 888-655-3004
Cell:617-458-0612
Fax: 877-236-5859
pj22765@****