Investing Journals

Earlier this week I was listening to the SFL training modules and I heard Matt Larson share a way the he finds buyers. It is Genius! He said, call your Real Estate Agent and ask him/her to go to the MLS and do a search for ALL cash sales during the past 90 days. I didn't know, and neither did my Realtor, but he was willing to try, and he learned something.

My very first wholesale deal turned out to be a bad experience. I felt that I had explained to the Seller how I worked but turned out he did not understand it.
It took the Title Co. about 3 1/2 weeks to tell me if the title was a clean title, so the seller called me, so he could start preparing to sell his house to me but we had done a 90 day contract and he wanted to make the deal asap, so I told him that I needed an end-buyer, just like the contract said, so he decided to cancel the contract.
The first 30 day I tried to whole sale the house without any success, so all I could do was retail the house, and the owner said no. So I lost the deal.

I'm still trying to make my first real deal.

A few weeks ago I found this house that was vacant, and it just so happened that I was across the street talking to a homeowner about a small job that he was needing and in conversation I told him that I also buy houses. He told me that the house across the street was for sale and that I could probably buy it pretty cheap. He had tried to buy it a few months earlier and they were not able to sell it because it was still tied up in Probate.

I finally have my wholesale house on Seffner under contract. I am looking to close on the 1st of Nov. I am doing a mail campaign to get more deals. I want to find lease/options and wholesale deals. I am also looking to find out how to purchase storage units....any ideas how to get financing....

I am part of the Success Academy, almost finished with my classroom, have done everything I needed to do and now am stuck! I guess it is because I had a mental setback because my husband was diagnosed with prostrate cancer.

I literally, don't know how to become unstuck. I know what I need to do, it's just doing it! Please help me, I need moral support. I haven't landed my first deal yet and am really in a "funk".

Peace and Blessings,

Sheila

I need a little insight with dealing with this owner. We had to move out of the other house that we were in and the house that we moved into has the option to buy. The problem is that the house price that he is asking for is $99,000 with an interest rate of 9% and with a down payment of $3,000. The other houses in the area are going in the $59,000-$84,000. With the high end being houses in really good condition. This house is good but not that great and I know that there are several things that need to be done to make it worth that much again. I would like to owner finance it at least till we can either get a loan from a bank or something else comes and we can actually buy it.

I am an investor in the NYC area and the way I find the best deals is by registering to **** , its free. As an investor, you get to input into their system exactly what your looking to buy, where, property type, price range etc. Then, instantly, thousands of real estate agents/investors in that area can see exactly what your looking for and can contact you. Its a fantastic service! I highly recommend.

Hi Everyone I am brand new as of 10/15/10 I just bought Deans new book "your town your profits" I just started reading the pdf until I get the hard copy, I just wanted to introduce myself and say hi, I am also looking to get into assignments right away to start earning asap, if anyone can help me out to get started that would be deeply appreciated.

Nice to meet you all hopefully we can chat and possibly do some deals together until next time

Steven McPherson

Hey investors,

This is a great website for networking! But if your looking for a place to sell your property or offer your services, then post it on ****- youll get exposure to thousands of real estate agents, investors, home buyers, mortgage brokers and more. Its a great site for new comers and for experienced investors. Hope alls well!

This is my first journal I am going to work on keeping in order to keep you all up to date on what I do with the DG program. So far I have emailed with a few owners of FSBOs none of which were going to work due to them not being motivated enough to reduce their prices even though I proved they were asking too much as is but no worries we all ended with good terms and a thank you for discussing their motivations.