4 Years, First Assignment Complete.

...for sticking with it and making it happen.
It might help those of us who haven't done that first deal yet (and are getting discouraged) if you enlighten us as to why it took you that long? Were you doing it part time, under budgeted, lack of connections, scared to try, etc.? Do you have any advice that might shave off some of the time it took you?
Any info might help.

Congrats once again,

Andy Sager
DG's AndyS

Congrads dude, I would have though you were a seasoned proffessional for sure. Have you had any issues with the bandit cops? I had a nasty phone call this morning, but I don't beleive they can find me. Any way great job way to get it done.....John H.

way to stick it out!!! I know thats been tough. Good job.

Now go get the next one

Well there were many reasons, but the main one was Analysis paralysis. The only way to defeat it is to take action. You have heard it from Dean, Matt, and Many others. I always took action and would end up being so close to a deal. I have had quite a few properties under contract, and had to back out, no buyer, to much termite damage, wrong area for the end buyer, and lack of funding. My biggest challenge is negotiating, still is.

2011 was difficult year for many reasons, still working my way out of it. But today was a very real day. A check made out to me for an Assignment Fee. Heard about them, seen all the scanned copies of them, watched many videos, and read so many books about it.

Only way to shave off the time is to explicitly pay attention and follow the advice from program you elect to enact. If you are NOT making offers you are NOT making deals.

I should also highlight that this is not my first deal, just my first assignment of contract. I bought a great Duplex a few years ago for $15K with upstairs tenants in place. I fixed up the downstairs unit and put tenants in place 2 months after purchase. What made 2011 tough was how ling it took for me to fix it up again after tenants. Not so much how bad the tenants damaged it, it was so much I chose to do.

I have had 2 phone calls from the cities about signs. I do have to agree with them to a point. I still need to put out signs, but it is a form of littering and unlicensed advertising. So until something out does bandit signs, bandit signs will keep going out.

Well no one was checking on if you had a deal or not. But the main thing here is that you accomplished one of many goals through perseverance. We are examples that this is feasible with taking action. You overcame the challenges you mentioned and made it happen. We are happy for you. Now on to the next. God Bless.

Sandra

and your perserverance has paid off! you must feel great for getting over the 'first assignment hurdle'...

wishing you many more of them!

Valerie

Way to make it happen James! I can definitely see that you we're both, as Matt Larson would say, "Persistent and Consistent". Believe it or not, it's been 3 years for myself and I still haven't completed an actual deal myself. But I know I'm NOT giving up and I'm still sticking with it. A wise friend of mine once told me, "Everyday that you wake up and look in the mirror, you should ultimately end up telling yourself that THE BUCK STOPS WITH YOU!" So I as long as I keep up with it, even if I'm just doing a regular Bird Dog deal, I know I can make it happen. Thanks again for sharing this James!

Andre

Awesome

congrats on that deal! way to go...

Excellent Job. Wow that is seriously continuing to take ACTION! Congratulations.

Great job hanging in there James, Im really glad it worked out for you.Thanks for the post.

Take care

Curtis Fillers
(Charlotte,NC)

Put that check in the bank and get to the next one!

Such an inspiration. Keep up the good work!

Now that is called never giving up! Go get em!

Your perseverance and taking action paid off!!

Thanks for sharing, here's to contined success.

Aileen

it was not IF ...it was WHEN for you to close an assignment ...great job my friend !!! PERSISTENCE pays $$$$$$$$$$$
keep rolling bud !!
jay

I guess this will show everybody once and for all that this doesn't always happen quickly so persistence pays.
Congrats once again.

Andy Sager
DG's AndyS

For some people this does come quickly and payment of an assignment fee really can happen in 30 days. For some people this does not come quickly and payment of an assignment fee can happen longer than 4 years.

Its as simple as that. One absolute Guarantee is to simply follow instructions on any one course you take. You will never know if a training program is right for you, your area, or your personal choice of a path to take towards financial freedom, until you have done it. Once you have tried everything you will have more knowledge and clarity of how things do need to get done for you to have your defined success in real estate.

Always Define the success you want into the success you need. Use the 7 levels deep to help you find clarity in what it is that you need to do to have success. Find out for yourself what attainable goals you can do! Many of the Pro's here describe the reality that you can make a ton of cash in a short amount of time, and its true. But what is a ton of cash to you? Can $1,000 bucks in the next 30 days be huge for you? If so GO FOR IT! If you only make $100 in the next 90 days, CELEBRATE! You're doing something so few other people in this nation are, that's right you are only .001% of the population that is taking action in this business of Real Estate Investing.

That is why in this business so many experienced Investors are so humble and open to sharing their ways of success. It is because there are MANY deals out there to be had, by YOU!

I'm getting mine, are you getting your's?

Good stuff bro! I bet that felt sweet when you got this one and saw that check?!

You stuck to it and it paid off. Great job.

Thanks for sharing.
Joe

Proof that persistence pays and an inspiration to all the rest of us!

Thanks and congrats!

Go do another one now!

Like Dean says, look ahead like you have already done your first deal. Like you have already helped put someone in their new home. Sorry if I sound redundit but it JUST hit me. I guess it's my AAAAWWWWW moment. Good luck to everyone in the DG family. Keep plow'n ahead!

Annette Bates

The truth is that Imagining what it feels like to cash that check before its in your hands, is not all that different from actually cashing that check in reality!

It feels good to get it done.

I'm not sure if 4 years is something to feel good about. After all, it seems like Matt and the other successful students went from one deal to another in no time. In fact, Dean has multiple deals going on all the time.

I certainly would be turned off by the thought of spending so many years for the first deal. If it took that long, I would think that any profits left over would be offset by the expense in finding the deal.

I had Matt for Boots on the Ground recently. He was awesome. Don't let the naysayers bring you down. I am a bit long in the tooth (61 years old) and have been putting down "Flip a property" as my number one New Year's resolution for years. But my wife and I have finally decided to act and have invested in a lot of training. I am also guilty of "Analysis Paralysis", but this year, we will act.

to CaREI ya its 4 yrs but like he said its the fact that hes doing something that only .001% of people are doing!! and he made profit on this deal and by doing one deal, the next should be easier and so on..... good luck on the next one bro!! keep it up!

CaREI,

Yes it was 4 years (well in March it will be) to get my first assignment of contract complete, but it was not my first deal. Oct 09 I purchased a duplex, with a 580 credit score, Matt Larson and Greg Harmon were (and still are) my mentors on that project. I bought it for $15k it appraised at $38K, one year later I refinanced on it for a loan of $25k and it appraised for $55K. The cash flow is $500 including all expenses, management fees, and vacancy. As of right now I have spent nearly $20K on training, books, seminars, webinars, DVD's, advertising, websites, etc. This first assignment of contract absolutely is not a profit after all of those expenses over 4 years, buy every expense has been worth the knowledge I gained.

From June to December 2010 I worked for Matt Larson doing many different things. In the end I decided to quit, I wanted to take a different path for myself. Matt wanted me to stay but also respected that I had made up my mind on what I wanted to do. Real Estate is not my main source of income. One day it will be, but not by the end of this year. CaREI I respect your opinion, if you yourself after 4 years of trying for an assignment fee had decided enough was enough. Good for you for making a decision to do something different. Most people will not have that clarity for themself. It's something that is very important to have. I had my clarity that I knew real estate is a good place to invest, when done right.

This deal was done completely by word of mouth. I was not working leads 10-20 hours a week to find this deal. In fact all of 2011 I did not put out a single bandit sign or any other kind of marketing. Real Estate was not the focus of my time, but always on my mind.

I say this to myself often now, "No matter what, anything you do requires your time. Often there is a paycheck involved, was it worth your time?". For many Real Estate does not work for them, for some it is amazing. There are so many different ways to earn a living, create passive income, or just win the lottery to make money. I say this to everyone. It doesn't matter you do, as long as it works for you is all that matters. Just learn how to identify if it is working for you.

Real Estate still works for me, and so does becoming a Union Pipe Fitter.

Good L. U. C. K. Everyone, if real estate works for you, then keep doing it, if it doesn't, do something elses. Just know the difference.

Great win man. Thanks for sharing.