OfflineWell I did it, on 12/21/08, i made an offer on my 1st deal. It is a 3 bed 2 bath 1229sqft home in the neighborhood where i grew up. Was a REO and the asking price was 115k. the house needs alot of work so I ran the numbers and came with an offer of 80K. I figure I can either assign the deal to an investor I know for around 100k or I can fix it up a little on my own and rent it out and cover the mortgage payment and have some cash flow, then sell it when the market changes. Either way i am happy I took action.
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Great job! Try to assign it. Then go out and assign another one. Once you get the hang of assignments then start holding a few for rentals.
You've got to find your obstacles and call them out! Unsheath the sword, and do battle with whatever it is that holds you back!
Actions create results! Sitting around doing nothing brings you nothing!
You took action and are seeing the results. Good going Bill! You did well.
"THE ARCHITECT OF YOUR DESTINY IS YOURSELF"
"SUCCESS WALKS HAND IN HAND WITH FAILURE"
thanks for all the great support. My goal is to assign 4-5 and then buy one with some of the profits(maybe) or I will get creative.
I appreciate the support.
That's the best Christmas present you could've given yourself Bill! Good for you, taking action is the first step to reaping the rewards of success. Awesome job, now go get you some more... LOL!
God bless,
Psalms 118:23 "This is the LORD's doing; it is marvelous in our eyes."
You are well on your way to something Great!!!
Great job, all the best.
Sandra
"You can never get to the top, if you are not willing to climb. Do not look at the difficulty of the climb, only anticipate the view from the top."
"Can't even walk without you holding my hand." (Song)
"Is anything too hard for the Lord ..." Genesis 19:14
"In all things, wait on the Lord."
"Think not of your own deliverance, but trust in God who will give in abundance."
"When you are down to nothing, God is up to something." Unknown
"Our lives begin to end, the day we become silent about those things that really matters." Dr. Martin Luther King Jr.
I am glad you took that first step.
Awesome job! What is the house appraised at??
I am hoping I can gain the courage to make my first offer after the new year. Kind of a New Years resolution I suppose. I would like to assign about 5 deals then at least keep 2 investment properties for the year. Probably not the most ambitious goal to set, but nevertheless... it is what I am shooting for.
Again billhowardjr, Great Job for taking the first step.
Great job on taking action.
Wayne
"The entrepreneur always searches for change, responds to it, and exploits it as an opportunity." — Peter F. Drucker