My bird dog in Tulare California is one excited dude. He found a boarded up junker house a year ago. We tried to get the owners to sell but they wudnt return our calls and we eventually gave up on the deal.
Then after I spent 4 months in the islands I get back and start running ads on Craigs list. Wudnt u know it, they call and say they want to sell. We agreed to buy it for $22,500 and sold it a few days later for $38,000

Just bought a wonderful property for 10k. We are managing the entire asset from fixinng it up to putting a great renter in the home. I didn't use a dime of my own money. We found a buyer and they closed on the deal. We made a 5k finders fee plus setup fee and we are keeping 50% of the ownership of the property. We will manage it but we will recieve 50% of the net income and when we sell it down the road we will get 50% of the net sale. It's a great deal for all involved. The opportunities are endless!

Hows it going all my DG friends ?

A friend of ours told me about a woman who's sister just died and she was looking to sell her sisters house to settle the estate. The woman was the executor and had full power to sell the property.

My husband and I went to look at it and....WHOOOOEEEE! This place was the worst property I had EVER been in. They had 12 cats and let them go potty anywhere they wanted. There was literally a mound of cat dung in every corner of the house...YUK! The woman was also a hoarder and the place was filled to the ceilings with antiques. The stench was nasty, the place was disgusting and I could not get through the rooms to evaluate the property... too much stuff!

I negotiated the purchase price but put a 14 day contingency in the contract like I always do. This one said...

Over the last few days I have really been hitting this hard. I have been able to put another property under contract and this is also a great deal.

I found this older investor who was selling 3/1 that had been rebuild about 4 or 5 years ago. He had actually started to do the rehab on his own, being a retired builder, and he was doing a nice job. Unfortunately he has discovered that he has to address some serious health issues and wants to sell. He saw one of my signs near his home and called me to see if I would be interested in buying his 3/1.

I got ahold of a list of absentee owners and sent out my first batch of 200 hand written yellow letters. I was really surprised to get 30-40 calls, many were useless, but one elderly lady had an old junker in a bad part of town, I offerd her 15K and we settled on 18K I started placing multiple ads on Craigs list for 25K The first investor that went over to see it called back and described it as follows, broken windows, sheetrock ceilings coming down, subfloor rotted thru in several places, garbage and filth and a horrible stench that wud choke an old wilderbeast. He said there were 6 dogs and several cats with crap inside and out, dead yards with junk strewn about, he even described how the trees were scraggly and barely hanging on.