I'm working on my first deal ! And I'm highly excited about it. My wife and I just finished our first One on One with Dawn Erling. She is great! An excellent teacher. Patient and willing to go slow until we understand and get what she is teaching us. She showed us how to find a good Realtor. We looked at 3 houses yesterday 2 of which we are evaluating and doing the numbers on, so we may put in an offer on one or both! Our one on one mentor, Dawn, really put the last pieces of the puzzle together for me and now I see the whole picture. I'm ready to go. I'm off and running. Look out Real Estate world, here I come !!!
Was Signing a Contract today & the Neighbor asked us to Buy His House; Just From We Buy Houses car sign!
January 5th, 2014 | posted by gcerianiThis was freak'n amazing ... we were signing a contract earlier today, when the neighbor came over to ask if we wanted to buy their house ... they saw the We Buy Houses Magnetic Cars Signs.
We took a look & it was in excellent shape, the people want to leave because of kid's noise in the neighborhood. They are moving to a 55 community.
The property is free & clear, he was going to list it with real estate on Tuesday for 59,900 just to move it fast ... they paid 50K in Sept.& put in new appliances. We offered 52,500; cash & they accepted!
It's amazing how a $ 20 set of car signs has generated into hundreds of thousands of dollars of sales!!!!
25 to 1!! First deal of 2014!! $7,000.00
January 3rd, 2014 | posted by michaelmanghamOur first deal of 2014 went under contract today! MLS listed property that we acquired using the 25 to 1 system. I got an accepted offer on December 31st for $245,000. 81.5 % of ARV minus repairs. We assigned the contract today for $252,000. Closes January 10th. $7,000.00 to us.
ARV is $350,000
Rehab/remodel is $40,000
83.5% of ARV minus rehab is what my buyer paid.
We got another MLS listed property under contract this morning. Will be sending it out to my buyers list tomorrow. 25 to 1 works!!
The numbers on this one are:
Our buy price $409,000. 83% of ARV minus repairs.
Rehab/repairs needed $50,000
ARV $550,000
Will ask for $10,000 assignment fee
Buy price to my buyer $419,000.
Buyer will pay 85.5% of ARV minus rehab costs.
Wishing everyone a Happy Holiday season!
December 24th, 2013 | posted by MsIndianaI wanted to take the time out to wish everyone a Merry Christmas! I've been absent from the site for a while, but have many things in the works and plan on resuming normal posting activity. Happy New Year and God Bless you all!
Success!!!
December 6th, 2013 | posted by DG_ModDear Dean,
I am so sorry to have missed the presentation. My wife and I participated in the November Summit and my high hopes were exceeded exponentially. I purchased 4 properties, 4 lots, 4 liens and 4 trust deeds. The deeds alone were $200,000.00
I have been so impressed by the efficiency and genuine concern each of the individuals from the networked companies has shown. The calibre of people who have worked with me thus far shows me that you truly care about sharing your knowledge. Teaching others how to be successful is a lost art. So many who are successful tend to keep those esoteric methods from befitting the masses.
A DECEMBER TO REMEMBER!
December 2nd, 2013 | posted by Indiana-JoeITS A DECEMBER TO REMEMBER!!!........................
No, this is not another holiday commercial for that luxury car we see advertised every December to Remember! This is a wake up call for everyone that wants to make it a December to Remember for their real estate business! Yes your business, your goals your dreams, your time to make it happen.
OK, we have been busy all year and it is now December 1st. OUCH! where did the year go? As we get a little older, we do get wiser, but it often seems as though that clock of life speeds up. Why does time go so fast the older we get?