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Potential Buyer

Good evening everyone,

I have a potential buyer interested in one of the houses that my agent provided to me. This would be my first deal. This is the information:

Land Homesite Value: $0
Land Non Homesite Value: $11,293
Improvements Homesite Value: $0
Improvements Non Homesite Value: $35,059
Market Value: $46,352
Property Tax: $1,187
Year Built: 1922

900 sq ft & lot size is 4,356 sq ft
100% owner

2011 Appraised and Assessed Value: $46,352

Comps: $39,000 - $120,995
1,092 sq ft - 1,750 sq ft
$36/sq ft - $69/sq ft

Last sold for $20,000 ($22/sq ft) on 02/25/1997)

Taxes Owed: Current $1,318.38, Prior $1,402.03, Total owed $2,720.41

It has a small apartment in the back.

Estimated Repairs: $12,500

Asking Price: $84,950

TotalView: $72,451

WHOLESALING

GREETINGS,

I AM TRYING TO SEE IF ANYBODY OUT THERE CAN ASSIST ME ON WHOLESALING. I NEED TO KNOW IF THIS STRATEGY IS WORKING IN MY AREA, OR IS THERE ANYONE DOING THIS IN UTAH.

I KNOW THAT THE FIRST THING TO DO IN THIS BUSINESS, DOESN'T MATTER WHAT STRATEGY YOU PICK, YOU STILL NEED TO HAVE A BUYERS LIST.

BUT, CAN I DO THIS(WHOLESALING) WITH BAD CREDIT, AND I MEAN VERY POOR CREDIT, AND ZERO(0) MONEY AT ALL?

Where in the world is Harmon; San Diego???

We are heading to our next destination, no still not San Diego, but to Toledo, Ohio. If that is your area of the country, and would like to get together to discuss Real Estate, PM (private Message) me here at this site. I will be with a new teaching partner you all need to meet, my wife Linda. She has been requested to share her knowledge and experience with those of you who will be attending this event, will be meeting with us later in the evening.
Hope to be hearing from those of you who live near Toledo, Ohio!!!

Where in the world is Harmon; San Diego???

We are back here in Rock Island for a few days before heading back out to meet more of you.

What a time we had at Dean's Edge2012 event in Scottsdale, Arizona last week. The speakers gave out so much valuable information and the "networking" was going on all around everywhere. We picked up about 50 contacts of other investors that we may at some time partner with or do a deal with. with all the comments you read and photos you will see here on the DG site, you will understand why I promote your attendance at next years event. Please, do everything in your power to be there next year so you can be posting encouragement to all those who did not decide, or were unable to attend.

Change of Plans....

So the agent I was previously excited about wound up being a bummer. Kind of disappointing, but I have another agent practically knocking down my door so I'm going to check her out and see how she'll work out. Still hopeful. They're also not the only way to get deals, so that's good. Keeping positive!

Finding An Agent

Finding the right agent or agents to work with can be an interesting process. Agents come in all shapes and sizes and with every range of motivation to make money that you can imagine. Some agents are creative and willing learn. Other agents are rigid in their thoughts and can picture only a few ways that business can be done.

As a coach, one of the things I often hear from students is that a real estate agent seems to be pushing them out the door instead of wanting to work. The agent appears to be more interested in not working instead of finding properties.

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