OfflineI am getting ready, after completing ONE of Dean's books 2 weeks ago, to make an offer on my first deal. It is planned to be a rehab that someone started and is physically and financially unable to complete. A lot of work is needed on the home, but the current owner has already purchased most of the materials needed to complete the home. I am planning on offering 25% of what the home will be worth after it is completed, which is just below what he is asking. I am going to go take a look at the home in the next day or so and make my final offer decision or decide to walk away. It sounds like a LOT of work...but may be worth it in the end.
All that can happen is it does not go through...SO WHAT!
NO is not a 4 letter word!
Decisions are a 50-50 shot: yes or no!
Congratulations on reading Dean's books and taking action. You have the right attitude as you look for great deals! Do not let emotion get in the way of profits. Yo ucan start with low offers and always go up from there. The more you learn, the more knowledge you will have for your future deals. Good luck with real estate investing and this potential deal. Believe and Achieve!
- Joe
YOU TUBE CHANNEL - Follow me on my You Tube Channel at Joe Jurek Real Estate Investing Adventures
https://www.youtube.com/channel/UCiko62V79zLKX_owbirAYNA
TWITTER - Follow me on Twitter at Joe Jurek CPA
Joe Jurek CPA
https://twitter.com/JoeJurekCPA
That's great news! Congratulations! Let us know how it goes!
Success and Nothing Less!