ljpalmer's blog

Well here it is the Sunday before Thanksgiving and the deal we had set to close fell through. That's right...it fell straight through. The financing we had set up through who we thought was a reputable source turns out that he was more than willing to take our money and not perform. Now I'm NOT going to mention who the company was or who this individual was but I know I won't be doing business with them in the future. What I can say to all of you out there is, PLEASE do your due diligence. Know who you are doing business with. Be certain that they are on the same page as you. With that said it's time to reload and get cranking on the "30 days to Real Estate Cash". This was a great Non-Deal for us, that's right, I said Non-Deal. What a great opportunity to learn and grow.

Here are the keys...
What we've done is a very logical process. The biggest thing I can say is we looked for properties that have the following criteria.

1. Days on Market -- The longer, the better. This doesn't mean that we didn't look at properties that have just been listed, just means that the longer the property has been on the market the more MOTIVATED the seller tends to be to more it.

Well sort of...We (my father and I) put an offer in on 5 acres of land with a manufactured home on it. Hud was asking $124,500. Property is worth $180,000 and needs about 10K of work which we won't have to do. Our offer was $95,000 and they accepted it!! Best part is we already have a buyer set up who has agreed to a price of 136K. We are about to go down and sign off on the acceptance so we are still in the prelim stages of this but that's a gross profit of 41,000!! We are pretty stoked. We didn't have to come up with any money on this deal. Zero out of pocket, and this deal more than pays for our money spent on the academy and insiders edge. WOOOOOOOO!!!! Thanks to Dean and his staff and everyone on DG.com.

in June of 2009 I saw Dean on TV and he seemed different than any other "Guru" on TV. I don't know what it was about him but I took a chance and ordered his books. I began to read and read and read. I then read some more. I became a big reader of everything real estate. Unfortunately I was just reading and not doing much else. about a year later the Success Academy came a calling and I thought I was ready, I joined and hauled off and did nothing. I was going through some tough health challenges but that is no excuse, and I knew it. Another eight months goes by, again, I acted on absolutely nothing. Then one weekend, when my parents were visiting I began to share with my father what I was "attempting" to do in real estate.