Blogs

I'm interested in REI but haven't left the ground yet. If you are interested in partnering with me the DG way, please let me know. Middle TN area.

Hello DG'ERS.IM IN THE PORTLAND,OR METRO AREA.BEEN IN THIS BUSINESS FOR OVER A YRS.MOST 3/2 HOUSES OUT HERE START AT 130,000 THATS ON CRAIGSLIST,ETC.AND MOST OF THOSE ARE SHORT SALE.I HAVENT FOUND A R.A.YET.AND FSBO IM LUCKY TO FIND ANY UNDER 160K.I WANT TO WHOLESALE BUT I DONT SEE HOW WITH THESE PRICES.I JUST WANT TO GET A COUPLE UNDER MY BELT BEFORE I MOVE OUT OF STATE WHICH I KNOW WOULD WORK!ANY ADVICE?THANKS,KARL

I am amazed of the houses that are out there. I wish I was in a position to buy and hold because the cash flow would be great. I am focusing on wholesaling. I can see how having a larger buyers list is really going to help. I'll just keep doing what Dean is advising me to do because I know my portfolio is just around the corner.

Be all you can be, but it's not always in the Army. I often see myself as somewhat contented with my life the way things are, but of course it's hard to think of anything else when where are real issues to be discussed.

Still I aspire for something deeper and more meaningful.

So we're all pelted with problems. Honestly it shouldn't even bother or even hinder us to becoming all we ought to be. Aspirations as kids should continue to live within us, even though it would be short-lived or as long as we could hold on to the dream. They say you can't teach an old dog new tricks… or can they?

1. What do I really want?
The question of the ages. So many things you want to do with your life and so little time to even go about during the day.

My first step today (after doing some work-work) was to listen to Jeff Jensen's conference call on no money down fast cash techniques. What I came away with is that the first, primo, most important task is to continue building my buyer's list. But knowing what to do and knowing how to do it are two different things. Jeff explained ways in which to build the buyer's list and I will spend the rest of my day working on those steps. Thanks for the road map and the recipe!

Hello fellow members,

I am a new R.E. Investor trying to get my 1st deal. Per current status in life, im working on 'Purchase and Sale Agreement' and 'Assignment of Contract'. Im using sites recommended by others to get a properties current value and since I live in Tucson, AZ. im also using http://gis.pima.gov/maps/landbase/parsrch.htm and selecting 'Assessors Parcel Detail', then selecting 'Sale Comparables' at the top of the page to get my comps. This is what I've been doing once I see that properties value...

Lets say it's estimated at $100K. I then subtract
-Closing Costs (3%) = $3K
-an estimated $5K in repair that my Buyer will put in
-my profit of $(5-10)K
The remaining figure is $87K or $82K. This would be my offer amount.