WOW! First 3 deals in the works in one day!

I found a buyer/investor on Craigslist in GA. I hooked up with a wholesaler yesterday who has bulk properties from an asset manager. Sent the buyer/investor some of these properties tonight, and will more than likely have 3 properties under contract by tomorrow! I've been working hard to make this happen....fingers and toes crossed that nothing goes wrong! I really need some good news right about now!

Amy

Closed my first commercial property. I own it. NONE of my own money. $220K equity; $3700/mo profit after expenses

Hello DG family! Well, I've been working multiple deals at the same time, and was going along quite well, but such as it goes with Southern CA real estate, something always comes up.

First property I am working on I've wholesaled 15 times. But the issue is always the same. So I looked into it, after ALREADY looking into it, and the city changed up their requirements for parking. So, this property I'm trying to find a solution to the lack of ability to put in the city required parking that the city told me PRIOR I could use part of the yard for. That all changed. So working on a solution for that one.

Fighting a title issue on another property.

More WHOLESALING MULTIPLE deals! 25/1 works again!

Closed a deal June 28th, Made $6,000. Estate sale.
Closing one July 10th, will make $6,000. Individual owner. Both are LLC transfers. Single closings.
Both were listed on the MLS. Both were asking more than $50,000 more than I offered. Both of my first offers were rejected. Got them both on the 3rd or 4th time around. Follow up is critical!

I got two more under contract yesterday. One was an REO, the other an estate sale. Both MLS listings.
These two I have been countering on for at least 45 days. Follow up is critical!

Property Under Contract

Finally getting a property under contract on friday found the property on craigslist got the offer accepted at $95k, will be assigning for $13,500 at $108,500 it rents for $1250 in Dallas...got to get the buyer in on it and close before the month is out because rent is due and I want this car hopefully its still available by then...

Jill & Gary Close on Rehab # 67; Pocket 15K

Just left the title company with a check for $ 59,900. It was from the closing of rehab # 67: Bought for 35K; installed new kitchen cabinets/counters; appliances; paint; carpet; toilets; vanities; light fixtures; ceiling fans & had a new roof put on, total
spent on was about 10K.
Profit of about 15K for 3 weeks of work on this house.
We've started on the next rehab a couple of days ago; are having a roof put on another property we aquired 2 weeks ago; & are doing an inspection of a REO
property that the bank accepted an offer last week, this one we are also doing with Ryan(Cub).

What time is it?

As you build your buyers list, network with realtors, recruit bird dogs and do all your advertising to generate leads, you hope to score and lock up a deal! The problem might be, are you making enough offers?

Often, people find the deals run the numbers and they do not fire off the offers. They need to confirm a few more things. They need to make sure they thought of everything. They need to make sure there is no rain in the forecast. Silly right? Often we want to fire out offers everyday, week and month but what is holding us back? Ready.....aim......aim......aim......ready.....ready......hmm?

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