What have I learned so far:
Confidence is the #1 primer for continued success. Mindset and knowledge make taking action easier.
I know that it has been out there already.. but locking in a property and putting up bandit signs all over "3/2 house area, desperate need to sell fast" to grab buyers was an "aha" moment for me.
Using a photo copy of your earnest checks and putting a stipulation on the agreement that "earnest money to be paid after satisfactory inspection" will by you more time to use your cash buyer to put all earnest monies down for you.
*rehab costs
Low (carpet, cleaning, etc) $10-$15 per sq ft
Med (low needs, and re-placing vanities etc) 16-20/sqft
High (roof repair, larger jobs -excluding major foundational repairs, serious plumbing and electrical)
$21/sqft
Offer = {(Fair Market Value)(.65)}-(commission + Repairs)
It's lunch on day one.. and that is what has stood out for me. Hope this helps anyone
Who is Dean Graziosi?
Are People Actually Successful?
Does Dean Practice What He Preaches?
What Deals Are The Students Doing Right Now?
EDGE 2012-PROFOUND POSITIVITY!!!!
We are here at our first EDGE event and the knowledge being provided, contacts we are making, and inspiration we are receiving are AWESOME! As usual, Dean delivers with wisdon-knowledge-and capabilities that you can use to take your RE investing to the next level! Thanks, Dean for all you do!
Thanks for sharing
One heck of a family this DG community has turned out to be. Looks like everyone will be busy with implementation this week. I'm making plans to be there next year.