Just Signed Another Contract & Will Close On Friday !

on another job well done. It would be nice if some of us could actually teach the Art of Negotiation, but I guess you either have it or you don't.......and you do!! Great job Gary and Jill.

i'm Happy For you

Wow! A home for 28,500 that's move-in ready! As Bill says, congrats on another deal. You two have really found your niche there in FLA! The negotians must be fun! Especially when you find the sellers magic button and there is NO pressure on you as the buyer. If they don't accept your offer(s); then on to the next one.

How did you purchase it and what are you plans? I'm assuming it's a buy/hold rental? Or, will you L/O? Please share the details, FMV, etc. We'd love to hear them.

Way to go guys!!!

Thanks guys, you're right Bill it can be a fine art. Unfortunately the last 14 REO offers were not as successful. We're lucky to see banks dropping 2K on the asking prices around here.

Great job! Thanks for sharing....please, let us know what your plans are with this new property.

Deb

We are paying cash for the property, which is from a HELC from our primary
residence @ 2.74% interest only rate.
We might do a lease option or rental. But in all honesty we might decide to to "spruce it up" & flip it for some quick cash.
Then the house would have a FMV of 45K to 49K.

I continue to try to follow the model set by people like you.congrats.If you know anyone looking for maine homes summer or otherwise i am here for you.i can get the price down still very few buyers.

Great job keep up the good work.

Steve

You guys just keep knocking them out !!

Keep it up .

Randy Sherman
Elkton Maryland

Gary and Jill. Keep swingin' for the bleachers. peace,

Keep up the great job and keep informing us on your new deals. Thank you for the inspiration!

Great job negotiating!

It is good to see good deals pan out. Great job

Thanks to all you guys for the support. It's good to see such a close DG family.

Great lesson to learn here also. They came back with 4 counter offers each one being lower, and then settled for less then what there "final counter" was, which was almost 50% off the orginal asking price. Stick to your numbers, and if they are countering they are interested in getting rid of the property.

Hey Gary and Jill, thats really awesome. I am really happy for you.

I swear out of all the great people on this site I look up to you guys the most. Reason being you were straight up with me when I talked to ya last summer. Plus u guys just kick butt all the time and are still doing deals.

All the best, Jason B

You all just keep on doing it!

You truly are inspirations to us.

Thanks for sharing and keeping us motivated.

Karen

Thanks for all the wonderful comments. We appreciate not only the kind words
of encouragement, but also knowing you guys are following all the deals we've purchased over the years! This goes to show that every member of the DG family can make money in REI, whether large amounts or small ... a profit is a profit; just go for it!!!

Congrats on another deal!! keep em' rolling, and glad I got to know you guys~!! be blessed, sounds like you already are!lol

Congratulations on your deal and thanks for sharing with all of us, it's definitely inspiration to us rookies.

Continued success ya'll!

HI GUYS, I,M HAPPY FOR YOU. I NEED YOU'LL HELP; I ALSO LIVE IN FLORIDA I GOT DEANS BOOK ABOUT A MOUNTH AND I WANT TO TAKE ACTION...MY QUESTION IS TO YOU;WERE DID YOU GUYS FOUND YOU'LL REAL ESTATE AGENT?

Great job on finding the deal. You are showing us that there's deals out there if people work for them.

Congratulations to your success. It is always great when someone puts their deals on the forum so that everyone can see how the deals are created and the outcome.
Thank-you for your inspiration and look forward to hearing about your next deal.

Laura
BMW Investment Properties LLC
The Short Sale Sisters Journal

Thank You. To Kevin, we hope everything is good in KY;to KO & Laura, thanks for the kind words;to Clermont, finding an REA can be difficult. Finding someone who is motivated & won't tire of rejected offers isn't easy to come by, so keep looking. We usually have just gone to the listing agent directly, this way no 3rd party communication problems & possible commission reductions to make the deal. But recently we have found an agent who is also the owner/broker, so she follows up on everything & keeps in constant communication with us. Good Luck to you all ... Gary/Jill

Congratulations on a quick buy!! Having the cash does give you a lot of power. Keep sharing your story. Your success reminds me that success is all around me in this market. It's fuel for me.

Gary you'll be interested to know I joined a local REI group recently...Finally I got my husband to attend the meeting with me on Tuesday night. I've been chirping in his ear about doing real estate and telling him about you 2 and how it's really working for you guys! I can't believe the prices down there! You are buying houses for the price of a load of oil! I can't wait for him to come home today and hear this one...
Congrats on the deal!
Barbara

Congrats!!!! I'm pretty new to the site and the system. I just received the Your Town book and getting pretty excited. I can't wait to finish reading all the stories and hope that I will soon be on here sharing my accomplishments and advice on how to succeed! I wish you guys all the best and hope to speak again soon!!!

Toodles

Congrats job well done

for the compliments. Barb, you can get a better return on your money in REI without the high overhead of the tanker trucks, insurance, payroll etc.
Good Luck.