OfflineThis post will contain a constantly evolving list of frequently asked questions and topics for help or information. If you have a question, check here to see if has already been answered, or if there is an existing topic that you can build upon.
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Getting Started:
http://www.deangraziosi.com/node/61
http://www.deangraziosi.com/node/1509
http://www.deangraziosi.com/node/2455
Reassignment:
http://www.deangraziosi.com/node/2022
http://www.deangraziosi.com/node/42
http://www.deangraziosi.com/node/1393
LLC/Company:
http://www.deangraziosi.com/node/927
http://www.deangraziosi.com/node/2126
Short Sales:
http://www.deangraziosi.com/node/655
Does anyone know a website to get reliable comps from? The ones we are getting are not very acurate and are very outdated.
Thanks : )
I have two questions. How can I get cash at closing? Every time I try to buy a house that needs work, like Dean tells us to. The bank only wants to give me the cash I am paying for the property. I always here people are getting enough cash at closing to fix up the place. How can this be done? Also, the bank wants me to fix the property a little before the appraisal. The bank said, it was their liability to have it save before they lend the cash. Dose this sound right?
Thank you for your help!
Mike S
Hello Mike,
In Deans book on page 179 of Be A Real Estate Millionare it talks about getting an consession back before closing, the buyer's agent and seller agents usally get 6% on an deal, if you are working by yourself try asking for at least 3% back at closing and see what happens. The only thing I can say is it did work for me, but I had a broker when I did my deal. Hope this help you.
Gina
My son lives in Erie with his girlfriend. The want to buy and Rent to buy home but they are not in the Erie Paper or anywhere now days. The use to be a few years ago. He want to move a little big out of the city. How can he find these properties if they are not in the paper? Thank for any help in this matter.
Joe trevison
Hi,
While learning to become a millionare I'am doing some Bird Dogging and I ran into this Investor who is looking for people who will find him properties as follows: $100,000.00 or less. 3bedrms, 1+ baths,min. 800 sq ft.ugly house in good location etc. etc. and will pay $1000.00 for each deal that works. He wants the numbers to look like this: 70% appraised tax value (-)minus repairs and the sum cannot be over the sale price that the seller wants.
I understand that Investors can name their price but is there other ways to figure profit for the wholsale Investor? If you asked a person to Bird Dog for you, what properties would you tell them to look for and what kind of Math would you have them do so the result would be a win-win for all?
Thanks
.............."oUtSIdE tHE bOx"..............
I see Member Journal on the LEFT side of the page under Main Sections. But i do not see Add new or etc. Please help. Thanks.
"You Must be The Change You Wish Too See In the World"
Welcome to the DG family.
Hey, if you click on Member Journals, then you just "Post new forum topic". That will be the start of your own journal.
Look forward to reading it.
Rina
"Obstacles can slow you down, but they can only stop you with your permission." Dean Graziosi (BARM pg 101)
"For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11
For a little about me, welcome to the site, and a few tips for new DG family members, click on this link: http://www.deangraziosi.com/user/3249
While learning to become a millionare I'am doing some Bird Dogging and I ran into this Investor who is looking for people who will find him properties as follows: $100,000.00 or less. 3bedrms, 1+ baths,min. 800 sq ft.ugly house in good location etc. etc. and will pay $1000.00 for each deal that works. He wants the numbers to look like this: 70% appraised tax value (-)minus repairs and the sum cannot be over the sale price that the seller wants.
I understand that Investors can name their price but is there other ways to figure profit for the wholsale Investor? If you asked a person to Bird Dog for you, what properties would you tell them to look for and what kind of Math would you have them do so the result would be a win-win for all?
Thanks
Actually, that sounds even better than what some of the DG members are running into for invetsors' expectations. Some don't want to take the deals from you unless they are 50% off! So, what you need to do is find or CREATE deals that are 70% of (30% OFF) ARV (minus repairs) to pass along to your investor.
Wish you all the best,
Rina
"Obstacles can slow you down, but they can only stop you with your permission." Dean Graziosi (BARM pg 101)
"For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11
For a little about me, welcome to the site, and a few tips for new DG family members, click on this link: http://www.deangraziosi.com/user/3249
Rina,
Thanks for responding to my question.I need clarification on this.
Are you saying 50% appraised tax value? and could you explain "Create deals that are 70% of (30% Off) ARV(minus repairs) for me the student who is learning?
Thanks
Randall L.
.............."oUtSIdE tHE bOx"..............
Hi all---I am so happy to be here! I am looking to buy my first property and was also thinking of refinancing my current home....Would I jeopardize the transactions if I do them simultaneously by separate lenders? I don't want to lose the low rates!
I am new to this site and excited to get started...The problem is i no very little about real estate...Any suggestions on how i should get started
I am new to this site and excited to get started...The problem is i no very little about real estate...Any suggestions on how i should get started
Let me refer yo to a couple of threads that I think will be good for you to look at to give you ideas to get started with.
Getting Started:
http://www.deangraziosi.com/node/61
http://www.deangraziosi.com/node/1509
http://www.deangraziosi.com/node/2455
Reassignment:
http://www.deangraziosi.com/node/2022
http://www.deangraziosi.com/node/42
http://www.deangraziosi.com/node/1393
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
does anyone know where i can get deans new book? Profit from real estate right now Thanks
apache
Today is now at time,Time at tomorrow is now.
Hi everyone, Happy New Years!
My question, I am very New, i listen to Dean's book Real Estate Millioniare Book, he didn't talk about MobileHomes. I was woundering,if MH are a good investment.
One thing I do know is that they are very cheap,and for someone so new to this could start off investing a little money at a time. I know if I invest a little money,I will make a little money, but at least i will fill that if i mess up, that I woun't lose so much, but if I do well, then I will build my confedence to go onto a bigger deal.
Thank you
Richard Armendariz
I have to simple questions. How the heck do you send a PM and I am interested in the acadmy and do not iknow how to find the info on it
Well this is my first time on this site, my grandfather let me borrow his book and so far I am hooked, I am really interested in purchasing tax foreclosed homes in CT. Anyone know or have any advice on how to find these homes, one of my co-workers told me there is a tax foreclosed home on his street, but I doen't know how to find any info on it. Any suggestions??
Not only does this site and book lay out a lot of info, Dean's team of coaches can walk you through each deal step by step.
Hello,
I am a newbie and have a question on getting started. I was going to place an ad in my local paper to get sellers to call. Is this a good way to get started? I am also making up business cards to give out to friends and others.
I just watched Dean's Infomercial 02/01/09...
If you saw that one...
What were the "FREE for LIFE" items in that infomercial? was it the Newsletter? and Tele-conferencing?
WHEN is the next infomercial scheduled to be aired?
What is the Customer Service TELEPHONE NUMBER? The phone number that I was given is wrong.
Thanks!
Daniel
Hi Dean, I see you can now download MP3 from your most resent calls. Can you do that with all of your Conference Call Archives? It works great for on my MP3 player to give me that extra push to get out there and do some deals.
Thank you so much!!!
Mike
I am a newbie and have a question on getting started. I was going to place an ad in my local paper to get sellers to call. Is this a good way to get started? I am also making up business cards to give out to friends and others.
Yes, both are good. Craigslist/Backpage are great. And free. Also hand out business cards whenever you can, include them with bills, letters etc.
My question, I am very New, i listen to Dean's book Real Estate Millioniare Book, he didn't talk about MobileHomes. I was woundering,if MH are a good investment.
One thing I do know is that they are very cheap,and for someone so new to this could start off investing a little money at a time. I know if I invest a little money,I will make a little money, but at least i will fill that if i mess up, that I woun't lose so much, but if I do well, then I will build my confedence to go onto a bigger deal.
Thank you
Mobile Homes CAN be a good deal. But remember that they are personal property and a depreciating asset. You would want to buy them for cash- VERY cheap and sell them over time at a fairly high interest rate.
Also, remember that they do not come with land so you need a place to put it, typically a good relationship with a park manager.
Hello everyone, I just finished reading Deans book and can't wait to get started. I'm getting my list ready to make calls here in Ft. Lauderdale, FL for tomorrow, I'll probably be back with questions. I'm very excited, I've been remodeling homes for 20 years but just making ends meet. I'm gonna put Deans techniques to work, I've found 3 fix me uppers in a very nice neighborhood. I'll be finding out info on them tomorrow. These properties I would like to try Deans assignment technique. Any suggestions would be helpful.
Thanks,
Joe
Joe:
if you're talking about leasing with options, then simply put an ad up on the Craig's List nearest to where they want to live. If you want really good exposure to your ad, put it under "housing" (real estate) and then post it under the sub-category "real estate for sale". When it asks you when posting if you're a broker/realtor, say you're an owner to get your ad posted. There are tons and tons of real estate broker ads on Craig's List and not nearly as many owner ads.
Is that what your son wants to do? Lease with an option?
My best,
JennyInMalibu
i have found several foreclosures that i am interested in.how do i get contact information on the decision makers for the banks that own them? do i need go through the trustee company that handled the foreclosure or can i get to the bank directly. bretch
Hello All,
Just introducing myself..i ordered dean graziosi's book in november..have procrastinated,but today is a new day!..today is the first day of the best days, of the rest of my life with the help of this program and your support.As i learn from you,i will in turn give back to help anyone as i learn. Looking forward to a productive and prosperous journey as i fullfill my purpose!
Do not know what to do !!
I have not long started Deans Course, and have no idea how to even go
about a 'commercial property' deal. I have not yet accomplished a sale
and have only just started putting the business together.. So, here's the
'Challenge'..
I have (accidentally) found a commmercial property of 7.2 acres, slap bang
in the middle of a rapidly developing city. It has one empty office building with 14 offices and car parking lot. It's in a very beautiful part of town and borders a huge 'Blue chip'
company one side and a very well known college the other side.
It is currently PRIVATELY owned and the owner owns it OUTRIGHT.. NOT A PENNY OWED ON IT !. I know the owner. He has not listed it YET, but is going to
within a few days. It is zoned for commercial use. He has had an appraisal for $1,250,000 but wants to let it go for a quick
sale. He is very willing to be creative. There are no taxes owed on it.
He is hinting that he will take lass than $1,000,000. (Thats a potential of over $250,000 profit ! I know that appraisal and FMV may be a little different)
He has (so far) kept the Realtors at bay in efforts to hopefully sell it
Privately. But he is going to sign up with one within a couple of days
if there is no interest from me.
He stated that it would be worth razing the building to make way for the
developement of something bigger and better.
Now, I KNOW i'm out of my league with this .. Does anyone have any suggestions
as to who might help or be interested in looking at this.. or even telling
me that it's a waste of time. Where do I go from here,, what do i do next ?
Should I do anything at all ?
I have heard of a chap called CBRpower.. how do I get a hold of this chap
and get some pointers from him (he is in my area).
As i said ... H E L P !!
Warmest regards
Des
desinvestments@ymail.com
Warmest Regards
British SAS motto: 'Who Dares, Wins'
this is a blessing knowing that we can help one another..
I have been recently being intruduced to a short pay off program
to me this is nothing more then a short sale can someone give me more info.
tx's
I bought Deans book and CD"s, am halfway through listening to them, as time only permits late evenings. Anyway with the question: With times as hard as they are right now, and the banks and all being in trouble, will this all get harder and harder....or will lending get easier? Not sure about this. Thanx