I MADE 66 OFFERS THIS WEEK- FIRED UP

now that's what I like to hear

Hey Jason, where do u plan to get the "cash buyers" or "financing" to close all these deals??? Anyway, Nice JOB!!!

I plan on doing the same this week and from here on out.Get those offers in.Some how I keep getting side tracked reading and reseaching things and I haven't kept up on putting in offers.It's been four months for me and I'm so ready to make this happen right now.The book took me to yet another level and I'm to the point that I have to do this. GO GO GO

It's a "numbers" game, just as they say......you've put in the work.....now watch what the "odds" will do. Once the dust settles you will find a nice addition to your portfolio

Keep on Keepin onnnn!!!!Good luck Fellow NYers. Hope most will come through. Just put those earnest money on papers.

Cheerssss!!!!!
VV

My plan is to lock them up and wholesale them to my buyers.

Way to go Jason! I placed 30 offers yesterday. On the deposits you just let the check be held by your RE attorney until closing day...or by your title company. Just do $10 deposits.

Sistreat, great job placing 30 offers. All my offers are on Foreclosures & HUD homes, so I will definately need more than the $10 earnest deposit.

when you wrote up the offers didn't your Realtor ask you to supply a copy of the earnest check for each offer????

I know in my area the listing Realtor and owner wont even look at an offer without earnest money!

how do you (and anyone else)get around earnest money?

These are 66 offers. I am only required to give earnest if THE DEAL IS ACCEPTED. I did provide one copy of an earnest deposit check that will be submitted with the offers.

WOW! That's what I call Hustling! Very Inspiring! ~Bob

Do you actually look at all the props or do you just make offers on them?

I'm proud of you buddy. Looks like you are moving pretty fast. I can't wait to hear and see how many offers are accepted and how well you will do.

No, I only look at the ones that I get the acceptance on. I mainly look at the numbers.

I just got through my first reading of Deans book and I do have some background in title insurance, abstracting and financing but I am curious again about the earnest deposit checks you have to put in -- will that be your cash or cash from buyers lined up? On the offers for Foreclosed homes- do they let you have the 14-30 day escape clause for the financing?

I appreciate your response! Thanks for keeping things pumped up!

Keep it up!!! I'd like to know what happens

Hey Jason, should any of your offers be accepted.... How will you "lock them up...?" Do you have a certain # of days to locate your buyers or else you lose the deals? Do you purchase the properties yourself, then wholesale to your buyers? Pls explain the timeframes??? Thanks!

Hey Jason, great job! I hope you get more than 10 accepted. In my area that is very hard to do at 50% below asking price. One important question though, where are you getting all of your buyers/whole sellers? That is what I am lacking right now

I am getting most of my end buyers from attending my local real estate investing club and by also calling the "I Buy Homes" signs in the local neighborhoods.

A property gets locked up when a offer gets accepted and you sign the contract and give some earnest money. That's how an offer gets locked up. I put in 30 days to close and will do an amendement for an extension if needed.

Jason,

I am so impressed!
Good Luck with this!

Y'know, you do not read a new forum topic title like:
... I MADE 66 OFFERS THIS WEEK- FIRED UP ...
without thinking that it's another inspiring post from Matt Larson.

Cannot wait to see how this works out for you!

There are so many new people online with the launch of the new book, I cannot begin to imagine how many people you have inspired today!

Angela

How did you make the offers? Did you use an agent?

Nice job on all the offers. I am not to the point I have the confidence to write all those offers and find end buyers. I am glad you have enough support to do so.

Keep us filled in on how they all go.

1) Did you do 66 email offers,Formal offers, or a little of both?
2) Can you give an example of what you write in an email offer?
3) If your assigning these, are you filling out the purchase agreement with and/or assignee? or do you plan on using a double closing?

Jason, you have come a long way from your first post. You have grown and matured. You venture out and took the bull by the horn. Aint't no stopping you now. Good luck, we support you all the way.

Sandra

I thought you had to give an ernest money deposit before you make an offer .

Wow! LOL!! That is SO awesome!
I am sure you have felt like "What am I doing?" at times. But I can tell you have gotten past that (takes awhile doesn't it??). The awesome thing is, if you FORCE yourself into a position like that, you just go with the flow and deal with whatever the results may be, HOWEVER GRAND. Then it FORCES you to deal with it! Would we rather be in a state of hesitation, or one of WOW!!! Look what I did!!!! ??

Jason, look what you did!!! Not only could you be setting yourself up for a boatload of profit, LOOK AT ALL THE PEOPLE YOU'VE INSPIRED!!

Keep it up! Can't wait to hear more!

Rina

Thanks for all your encouragment and everyone else on this site. I have learned alot on this site and from reading Deans books. I wanted to force myself to make offers and to welcome obstacles. That's how we learn and that's how things get more easier.

Any updates? Do you know if any offers are accepted yet?

Still waiting. These are all foreclosures and can sometime take a week just for a response from the banks. I will definately provide updates.
How is your Upstate deals going?