Hey guys just wanted to share this awesome deal I just did and hopefully inspire a few to keep pushing. I think this is my 12th or 13th deal and prior to this my biggest profit was $20,000.
This happened to be of a lead I got of my newspaper ad and it was a seller in financial struggles that own a house free and clear. It was a raised ranch worth somewhere around $200K ARV , needed about 30K in work. I locked it up for $105K and about 30 days later, I found a cash buyer who offered me $135K and we closed Monday. I still can't believe how much I made here.
I never imagined about 2 1/2 years ago when I quit my dreaded job that I would be here today. It truly is a dream come true for me. The money is great but the best is that real estate gave me hope when I was living a not so pleasant life. So you all can do it , if you keep at it and learn every day.
Dean I can't thank you enough for changing my life and I hope to meet you someday to shake your hand and tell you how much of a difference you made in my life.
Ok guys , now is your turn!Take care.
MARTIN
FAILURE IS NOT AN OPTION!
I WILL NOT BE POOR ANYMORE!
That's a great profit. Well done. Guess this stuff actually works, eh?
Blessings & Favor,
Gena.
Follow my Blog: www.genahoriatis.com
I can do all things through Christ who strengthens me. Phil 4:13
Psalm 1:1-3
What did the newspaper ad say, that brought you this lead?
Martin thats great it is so good to see someone do so good.I havent done my first deal yet but i'm still trying.Just wanted to say good luck to yeah.
Bless me with the knowledge and experience of all the deans family
Congrats ! That is just the kind of deal that I need to see happen for me. It would flip me around to right side up instead of slippery slope hit bottom upside down. I am on a wing and a prayer right now and your post confirmed that kind of deal is indeed possible.
Thats amazing! Thats what keeps me pushing forward. This is were its at. All about the Real Estate.
Congrats!
In order to Succeed your desire for Success should be greater than your Fear of Failure. Bill Cosby.
Some people dream of Success.... While others wake up and work hard at it
Join me on Facebook. www.Facebook.com/ortizrealestateinvestments
Congrats I can't wait until I do my first assignment. Stories like this keep me pushing along.
That was a great deal above all! You've inspired me. Thanks for sharing.
Peace and Blessings,
Sheila
“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that frightens us. Actually, who are you not to be? You are a child of God. Your playing small doesn’t serve the world. There’s nothing enlightened about shrinking so that other people won’t feel insecure around you. We were born to make manifest the glory of God that is within us.”
- Nelson Mandela
that ONE way to make a $1000 day!!(without lifting anything but a pen and phone)
Great job....next. BTW you will lose count after awhile.
Now ask EVERYONE else what they are waiting on....LETS GO ppl don't let YOU stop YOU.
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
Great job!
Now that you did $30,000, believe in yourself that $50k, $100k or even more is possible. Like Indiana Joe says: believe and achieve.
Great Work!!
Mark K.
Life Disclaimer: Past Failures are NOT indicative of Future Results.
Real Estate Glossary - Click Here for PDF
View My Everyday Blog - Click Here
Excellent job! It's my turn next!
Allen & Denise
Denal Enterprises
Martin,
Congratulations! That's great. Hearing your success keeps us motivated. Keep us posted with your next deal!
Cheryl & Dave
amazing! Great job, great deal and way to KICK it in RE!
my ad says simply "we buy homes" and phone #. If you do run an ad , make sure you have some experience because it is not cheap but as you can is well worth it. You guys keep pushing because they are out there. I know when you starting out is hard to believe because I was there but once you put everything in order you believe anything is possible. I am on the brink of buying my own home , safe to say that my dream has come true.
MARTIN
FAILURE IS NOT AN OPTION!
I WILL NOT BE POOR ANYMORE!
what did you say to home owner to get it locked up for 105k? I find that every time a homeowner calls me they seem to shy away when I tell them I purchase homes for 50% on the dollar.
Also did you use totalviewrealestate.com for your comps or did you use a Realtor?
30k i'm inspired, Keep up the good work
I've seen quite a few of your posts Martin over the past couple years, and let me tell you, I'm ecstatic for you and this assignment...WHOOO HOOOOOOOOO!!!
Awesome!
Thanks for sharing!
All the best to you and your success!
Cheers!
Louisa
Current Journal on Dean's site: The Second Chapter: http://tinyurl.com/p986al3
First Journal on Dean's Site: From the Beginning: http://bit.ly/ocv10
that is pretty awesome Martin!
Thank you for sharing and inspiring us!
wishing you many more great deals,
Valerie
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/...
That is SO exciting! Thanks for sharing the great news.
Keep it going!
"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!"
How did you determine your ARV? Did you use an inspector/remodeler/contractor... or did you just have experience in this type of remodeling?
Everything works out in the end. If it hasn't worked out, it's not the end.
You have not lived a perfect day, unless you have done something for someone who will never be able to repay you. Ruth Smeltzer
It is what it is 'til you change it.
What section of the newspaper did they put it in? Thank you, Martin & way to go! You are inspiring, so keep up the great work.
I think my heart skipped a beat Martin when I read your story.
Reminds me that I have to "Keep the Peddle to the Metal".
Haven't had a pay day like that in a long while.
Great Job!
Rodney
Start Where You Are! Use What You Have! Do What You Can!
Never let failure dominate you. Never let the mistates of your past Lord over you.
Go Confidently in the Direction of Your Dreams. Live the Life You Have Imagined.
- Henry David Thoreau
Website that get's results: www.jracrealestateinvestments.com
I am happy for you... Way to go, and KEEP GOING!!!
Maurice,
Martin. Great job. Thanks for sharing and inspiring.
Martin,
Your story is what I needed today to keep me motivated! I'm so happy for you and hope to be doing some deals very soon!
Denise
Denise Z
Great to hear of another successful deal for you .
Nice profit too !
Randy S.
Elkton MD
Way to go Martin! Great to hear about your success. Keep up the good work and keep 'em coming!
Martin,great job done.Thanks for sharing.
Hi Martin .....great job!
Can you walk us through the process of this particular deal?
1. Seller agreed to price and you put into contract....? What was the length of the contract? and How much in Earnest $?
2. Did you have a buyers list set up or did you run ads to sell the property?
Any detail would help just to clear up doubts or questions I have....
Thanks ahead of time and keep going you are doing great...
Joel
first never tell a homeowner you pay 50c on the $ over the phone. If the property needs work, you ask in an intelligent way what is their lowest price acceptable and go from there. I got comps from my Realtor - easiest way to ge them just give a realtor referral and he will give you all the comps you need
MARTIN
FAILURE IS NOT AN OPTION!
I WILL NOT BE POOR ANYMORE!
on the real estate wanted section
MARTIN
FAILURE IS NOT AN OPTION!
I WILL NOT BE POOR ANYMORE!