Investing Journals

Look At Crazy Question on Earnest/Exit Clauses!!!

Hey DG Family, quick question about earnest money & exit clauses.

My only block in moving forward is earnest money, i have no steady income or a bank account at the moment. I was thinking i could open up a new checking account and have sum checks to write my $500 - $1000 EMD. Even if all the money is not all there, im sure the copy of the check should work until i get EMD from end buyer. Could this really work, as long as my exit clauses are accepted with offer to FSBO or EVEN REO’s?
These are my exit clause ideas, are they worded correctly, wat could i change to make offers more solid?

1. This contract is contingent on buyers walk through & inspection up to 20 days from date of acceptance.

My Journey Begins

I have made a commitment to give this 60 days. I have tried several other programs with not results. Never able to get the deal done, never anyone to assign the deals to. I have been told by several people that I can not even do assignments in South Carolina. I have had several people on my buyers list but when you call them they say they are no longer buying or unable to buy. I have even posted on DG for buyers and no replies. Again I will stay focused on the task at hand trying to build my buyers list.

Perking along in week #2 prior to the 30-Day to Cash..

It has not been two weeks yet even since the original flyer arrived in our post with the tickets to attend the In-Depth Investment event. THAT actually landed on St Patrick's Day! Luck o' the Irish perchance? Ah well.

I decided to keep my journal here (as well as on paper) because with a 17 yo plus a plethora of pets, it's too easy to lose said paper. I'm getting a notebook and folder this week but until then, here is the safest:

*=have actually done

Week #1 Material Arrived!
*download and read 3 chapters
*join Dean's forums
*post once a day
*invite Timothy to come with
*put invitation/tickets in desk drawer
*note date in planner
*read Matt's question script
*watched scarcity vs abundance mindset videos
*wrote down Goals

MY LOVING HUSBAND..........

On top of his regular job, my husband, also named Dean,worked a side job for us and lovingly came into the house with the check from that job and said to me; "You can call them now!". Meaning, he had work 186 hrs on a side to give part of it for the academy. So--I joined the academy. yeah !!!!!!!

First things first; from Dean's books, I have one contract to buy under way. closing is next month. That was before the success academy.

I joined a few days ago....been working on getting my realtor. That's #1 to me at this point. I already have a title co.

Today's plan; spend more time on securing a realtor, working on my academy lessens and returning phone calls from the flyers that I put out for buyers.

Have a great day everyone, ERSIE

im offering $20.000 CASH!!

im offering $20,000 CASH!! with signed/notorized/ contract to anyone out there with good credit (680+) or a debt to income ratio of 50/50 to help finance my career as an airline pilot to flight school. co-signer had FIRST CLASS SEATS free and reduced flights worldwide, holtel, car rental, and vacations to hawaii and more. there is also a co-signer release option to be removed off the loan after i make my first few payments. contract and terms are negotiable!! please change my life, i want to finish my career as an airline pilot, you cannot lose. the contract will protect you!! MSG me for more info... thank you..

im offering $20.000 CASH!!!!

im offering $20,000 CASH!! with signed/notorized/ contract to anyone out there with good credit (680+) or a debt to income ratio of 50/50 to help finance my career as an airline pilot to flight school. co-signer had FIRST CLASS SEATS free and reduced flights worldwide, holtel, car rental, and vacations to hawaii and more. there is also a co-signer release option to be removed off the loan after i make my first few payments. contract and terms are negotiable!! please change my life, i want to finish my career as an airline pilot, you cannot lose. the contract will protect you!! MSG me for more info... thank you..

gcomstock

Today is the first day of the rest of my life. I am jumping out and starting this journal. Thank you judges from the essay contest for the good words of encouragement and the suggestion to do this. Goals are written and monitored daily. I have been building my foundation. Studying materials, books and recordings. Did the 7 levels. Have been in contact with RE agents and one just sent me 90 day cash sales so that I can use it to help build my buyers list. Wow she had to break it into 3 reports.....903 cash sales in my area last 90 days. Busy times are a coming. I also have an agent that is sending me listings. So need to get out and make more offers. Admittedly I am afraid to find the right deal without a good buyers list in place. Over cautious maybe but still determined.

It's an adventure...

I have been procrastinating in really starting my RE business, but I am now commited to making it happen. I have contacted a number of agents, both by phone and email, and I believe I've found one or two that I feel I can work with. They are hungry, like me, but seem to want to work with wholesalers here in Maryland. I'm still unsure that I know what I'm doing with these investors, but, hey, here I go!

Mimi's Journal to Financial Freedom

I just want to write how exited I am about going to the live 3 day real estate investing workshop in Michigan City, IN tomorrow. I am going to bed now, so that I get up and get going in the morning. I will get on again tomorrow night to write about the workshop

Sparkle's First Deals

Hello DG mates,

I have begun my journey and getting a few jitters, but that is why I am here to be inspired and encouraged to move forward.

Since I have a $0 marketing budget, I've been searching through the yellow pages and craigslist to email potential Realtors to work with. I have one that I am communicating with, but they have never done assignment contracts. I'm not sure to continue with this person or trust in their general experience.

I have not made any headway with my buyers list. Still researching the auctions and REIAs. In the meantime, I am using what resources I have in order to continue being an investor.

Syndicate content