30 Days Quick Cash Formula

Hello Everybody!!! I ordered the fast cash formula on Friday. Today is my first day actually putting in any work. I took down all the numbers to the Remax offices in the area. There were 14. I was ready to make fourteen different phone calls. I called the first one, it was a 2 agent office (Very small). The receptionist said the agents were out of the office and referred me to a bigger office and specifically to one guy. I called that office and I didn't ask for him. He was however referred by the receptionist at his office as well. I got on the phone with him and he was very experienced and knowledgeable. He know exactly what I was talking about and was very informative. He gave me great advice. Most importantly, he was honorable. He was an ex-navy marine (or something like that). His biggest truth that he gave to me was that he wouldn't be able to take on so much work. He has been in the RE game for 22 years and has an extensive client list. His "river was full." That was just fine for me. I was pleased just speaking with him. I called around to two more agencies and the last one I called, the receptionist didn't seem like she listened to what I said (but she actually got it) and connected me immediately to someone without thinking about it. The woman I spoke to after being on hold, was asking all the right questions. I was persistent with my answers and only said exactly word for word the directions in the QCF. I now have my perfect REA (let's hope) and she's already exchanged contact information with me and she is sending my buyers list. I am soooooooo ready to get this train moving!

I just thought I'd share that with you all...

As long as your buyer closes your agent will get paid her commission. Whether it's you or your buyer closing she will get paid. Once you've assigned the deal go and find the next, your agent should stick around for a constant flow of commission.

Thanks Pitbull!!!

Here something to consider: mention to your buyers that you are working with an agent and if they like the deals you are offering them, they might want to consider listing the rehabbed house with your agent. (This way the agent gets a double commish.Once from the buying end and once again when the house gets sold.) Once you get your answers from your buyers (pro or con to the idea) you can then, at the appropriate time, tell the agent that you've discussed with the new buyer about listing the house with them. Show that you are looking out for them but be careful not to commit to anything that's not in writing.
Either way, your agent gets a commish from the seller so what you do with the house is not really their concern (as long as it's legal )

Good luck on your journey and keep us all posted

Andy Sager
DG's AndyS
CFIC member

I am just getting started; looking over the site and trying to figure out what to do. I live in Idaho and can use help as I'm not sure what to do.

Michelle, Thank you so much for sharing this information. I am a new Investor and I'm ready to go! Sarah

Ken, Thank you so much for this valuable information. I am a new Investor and I really appreciate this. I'm in Ca. Regards, Sarah

Thank you for this valuable information. Right now, I think I have the agent..I'm still looking for cash buyers. No, I will not die, I will live to get $$rich$$!Regards, Sarah

Good evening everyone,

I have a potential buyer interested in one of the houses that my agent provided to me. This would be my first deal. This is the information:

Land Homesite Value: $0
Land Non Homesite Value: $11,293
Improvements Homesite Value: $0
Improvements Non Homesite Value: $35,059
Market Value: $46,352
Property Tax: $1,187
Year Built: 1922

900 sq ft & lot size is 4,356 sq ft
100% owner

2011 Appraised and Assessed Value: $46,352

Comps: $39,000 - $120,995
1,092 sq ft - 1,750 sq ft
$36/sq ft - $69/sq ft

Last sold for $20,000 ($22/sq ft) on 02/25/1997)

Taxes Owed: Current $1,318.38, Prior $1,402.03, Total owed $2,720.41

It has a small apartment in the back.

Estimated Repairs: $12,500

Asking Price: $84,950

TotalView: $72,451
Value range $60,216 - 111,168

***Based on this information, I need to know about how much I can make this offer for and what do I go about in doing this with my agent. Any help or feedback will be greatly appreciated.

Alex, you are AWEEESOOOMEEE! Thank you for your help. I will follow your advice and make more calls until I get the right agent. Have a great day!
Sarah

Good luck and keep us posted

Andy Sager
DG's AndyS
CFIC member

Alex and Michelle, thank you for all your support! and a big thanks to all who participated..this is AWESOOME! Sarah

Alex and Michelle, thank you agaaaaaain! Sarah Gruberg

You, all are aweesommmeeee! Thank you for your dedication! I'm learning a lot! Sarah

I'm still new and with your energy and advice on how to do Real Estate..I don't feel new. Thank You for all your help! Sarah

It has been a while since I have been on here. I have found a couple of great websites to find cash buyers, sellers and others with services that you may consider using. The first is postyourpropertieshere.com, once you sign up for the website you instantly get invitations to become friends from other on the website. The more friends you make the bigger your network of buyers and sellers will become. The website is under a year old and has about 8,000 people signed up. You can also post your properties on the website to find potential buyers. I have been on the website for a few weeks and have gotten over a hundred invitations for others to do transactions. The other website is called Realbay.com. It is like the first website and you can do the same thing with it. A great place to post your properties for sale or find buyers or sellers. Realbay is new but has over 10,000 people signed up for it already. I hope everyone that reads this will take advantage of these websites to grow your business. Good luck and I hope someone will let me know that they used them.

Wow! You are so knowledgeable. Thank You. I'm planning to move to Prescott, AZ in the next few months. As soon as I get there I will continue my Real Estate career. Meanwhile, I'm learning from Dean Graziosi, I just purchased "30 days to Real Estate Cash" also I'm learning from you, thank you!
Sarah

Thank you all! I'm excited and ready to go! Sarah

Thanks JoyceC for the webste info. My buyer bucket has been hardest to fill.

Thank you all for the wonderful information! Oh boy, it was a lot....Thaaank Yooouuuu again! Sarah

OMG! This is a great forum and I feel like a family! Thank you all for sharing your experiences with me. Sarah

I hope more people will get on that website,it really is a good resource.

Just started my journey as a Real Estate Investor. Feel free to read my progress in my blog. I think Connecticut is the best. Close to New York, for those want to commute. People are willing to spend more for homes.

Tony, according to his linkedin page, it looks like Al Waterloo walked away from real estate and became a commercial pilot.
I have nothing on Michelle though.

hello everyone im about as newbie as they come ive read deans book and need to find assignment props i just totally lack the self confidence to pick up the phone but first thing in the morning im gonna start dialing i live in cali san joaquinvalley . so i guess im just in needof that little push to get me out there . thanks

I wanna buy and hold a property but I don't want to spend my own money or credit or anything. I'm not eligible for insiders cash or transactional funding of any sort... Can someone help me? Is this possible?

It sounds like what you should be looking for are "owner financed" houses. You'll need to negotiate with the seller if they will let you have no money at all in the deal.

Hope this helps...

Andy Sager
DG's AndyS
CFIC member

Using seller financing would be a great option if you want to buy and hold. You can use some of the financing options that off shoots from seller financing such as: Wrap around mortgages or subject to purchases. The other option would be a lease option or sandwich lease option.

Because the seller will be giving the financing options and allowing you to purchase you will find that they are far more lenient (most of the time) than banks. These options would allow you to purchase.

Michelle, and all of you, thank you for this information. I'm learning a lot! Sarah

Kris, thank you so much for your help! Sarah