30 Days Quick Cash Formula

30 Days Quick Cash Formula

IMPORTANT!!! Before you ask a question, please go through the thread's Table of Contents via the link below. Your question may have already been answered!

http://www.deangraziosi.com/real-estate-forums/everything-else/86517/30-...

Topics of regular discussion:

*Finding the Perfect Real Estate Agent
*Building a Buyer's List
*Ghost Ads and Bandit Signs
*Assignments VS Double Closings
*Contracts and Purchase Agreements
*Earnest Money

This will be updated as progress is made Smiling

__________________

~Michelle Casey

"Now all glory to God, who is able, through his mighty power at work within us, to accomplish infinitely more than we might ask or think."~Ephesians 3:20


using TF

When using transactional funding, make sure you read the requirements that they have like how much they will and for what property. Also they expect a fee for using their money, figure in this fee when you get ready to sell the property to the buyer or you will come up with less money. I was just on coastal-funding.com and they will fund up to 1M or more if you ask. They have a website to click onto to talk with Ryan about it. Also to get proof of funds you go to the top and click on proof of funds and they will send you something to your email if you provide certain information. Good luck to everyone.


You guys won't believe this

So I followed the strategy for finding Remax and KW offices in the 30 day formula. I have a document with 14 places and I intend to call at least five.

I do already have another REA I can work with but I figured I'm going to do everything Dean says regardless.

I called up the first office on my list. The REA I talked to said that she does lots of deals like I specified and was actually overwhelmed placing bids for people. She said she would help me if she could, so I said great.

Then she asked about my last name... Turns out she graduated high school with my parents. How crazy is that. She actually talked about my father with his old "nickname." What luck.

After that I can't stop smiling, but I'm now working up the courage to call the next four offices.

Good luck guys!

__________________

"If anything terrifies me, I must try to conquer it." - Francis Chichester


Thank You Lord for 2nd chances!!

Hello all my fellow investors,
I could not get in at first because of the high payments, then Dean, being the great guy he is, gave those of us who really need to get in on this a second chance. As it happens, I could not get online to see the sat video and check my email. So I missed the chance to get the reduced price too. :{ Boy, was I aggrevated at myself!!
So I signed up to get a notice if they had any new openings. Waalaa... today I got the email Smiling. I shuffled some things around and have got my first payment in. I'm in and reading the blueprint and getting started today.
I am very nervous about talking to people about things I dont know anything about and that has been by stumbling block. Also I was wanting to have someone to call if I got my self in a bind. This program is just what I need. A good "kick" to get me started and someone to show me how to correct any mistakes I may make.
I already have my "Why" list done. I'm on the road to success - no detours allowed! Success to everyone. Sharon

__________________


Zech

Great work man!!!! That's exactly how it should go. What you are feeling is EXACTLY what I felt after making my first phone call. Make sure you just keep calling a couple agents. That will help you so much just for a comparison. Keep up the great work. The next call will seriously be way easier and the next call after that, you'll be a pro! I seriously happens that fast.

Smiling

Zech wrote:
So I followed the strategy for finding Remax and KW offices in the 30 day formula. I have a document with 14 places and I intend to call at least five.

I do already have another REA I can work with but I figured I'm going to do everything Dean says regardless.

I called up the first office on my list. The REA I talked to said that she does lots of deals like I specified and was actually overwhelmed placing bids for people. She said she would help me if she could, so I said great.

Then she asked about my last name... Turns out she graduated high school with my parents. How crazy is that. She actually talked about my father with his old "nickname." What luck.

After that I can't stop smiling, but I'm now working up the courage to call the next four offices.

Good luck guys!

__________________

Get rich or die tryin!!


My impression...

My impression was that we were supposed to be asking for a list of cash buyers from the last 90 days rather than a list of the houses that have closed for cash. I can see having BOTH as useful but I can see little use for the "closed for cash" list without the cash buyers list.

Just bought the Rock Bottom Blueprint real estate program over the weekend so just getting started and have my list of real estate offices I'm going to call laid out but I was formulating my "follow up email" request as "Please provide me with a list of all the cash buyers who have closed in the last 90 days and where they bought so that I can bounce those numbers off of my own investment strategy." Seems like they might have some resistance to just coughing up said list unless you have a reason for having it, and my justification for wanting names is I want to "map out who's active in the buying side, where they are active, and what that activity profile looks like..."

What are your thoughts?

Thanks
John Strohl

__________________

John & Joyce Strohl
Herndon, Virginia, 20171
(703) 926-4449


RE Attorney: Assigning Contracts & Double Closings

I called a RE Attorney today to make sure that double closings, assigning contracts, and lease options are all legal in the state of Kansas. Thankfully, YES they all are!

He was asking me some questions and had some concern about locking in the contract w/a seller for one price, and then assigning the contract to the end buyer for a higher price. He said that the seller may have to be made aware of the difference in price? Isn't that the whole point of doing a double closing though?

Are assigning contracts and double closings handled differently? When assigning a contract, am I just supposed to make a percentage and tack it on to the sale price instead of making a low offer to the seller and reassigning the contract at a higher price to the end buyer? Lots of questions regarding assigning contracts and doing double closings. Any advice about these is GREATLY appreciated!

__________________

~Michelle Casey

"Now all glory to God, who is able, through his mighty power at work within us, to accomplish infinitely more than we might ask or think."~Ephesians 3:20


Smokemaster

smokemaster wrote:
My impression was that we were supposed to be asking for a list of cash buyers from the last 90 days rather than a list of the houses that have closed for cash. I can see having BOTH as useful but I can see little use for the "closed for cash" list without the cash buyers list.

You want your agent to give you a list of homes in the past 90 days where the buyer paid cash for the home. Your agent should know how to do this. They won't have access to the names of the people who bought the property. Just by having the addresses of the homes on this list you can look up the people who bought the home on the county tax assessor's website. You Realtor is getting the addresses for you, then you are taking the addresses and looking up to see who owns the home. That's what you will need to do.

You may confuse your agent or get them concerned by asking for a list of "names of cash buyers in the past 90 days." Your agent might interpret that to mean your stealing his/her clients, which is not what you want to do.

So just ask:

"Please send me a list of homes that sold in the past 90 days where the home was paid for in cash"

__________________

Get rich or die tryin!!


Bandit Signs, First Calls & Part 3 of RBBP

You all are awesome--- the DG Team must be ecstatic with the momentum on RBBP!

Andrew S. $2,000 fine for Bandit Signs in CA-- yeah.... so 1) follow your heart, only do what you are comfortable with, 2) Get the City Code yourself and see for yourself what occassions/ times allow you to pull a permit if you like-- or if you want to try the weekends only approach, 3) Nick and Valuni are right-- Private Property is another option, 4) Read the material in RBBP or search this site for using a phone number you can get from Magic Jack or Google Voice--

cmpolanski and zech-- you did it! You made the first call!!! Awesome.

Sharon-- Welcome! The DG family is here to help, but you made getting the RBBP a reality-- woohoo!

ACTION!--
Tina

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Getting CASH Buyers List or List of Cash Sales?

Hi John,

If you haven't try to read thru this whole thread, but particularly Posts #'s 38,39 & 42. Awterloo takes us thru the scenario. It is also explained in the RBBP-- basically when you get (most likely to get from a REA) the list of Cash Sales on the MLS in the last ninety days you can get the Cash Buyers by [tediously] using the address of each sale and inputting it into your County Assessor's page search, which will reveal the Parcel No of the property and depending on your County web pages you will have the information to use the Address or the Parcel # to input on the Treasurer's page (or there may be a link on the Assessor's page to the Treasure's page) and there you will find the Owner's Name AND the address the Property Tax bill is being sent to. Voila!

Hope that helps--
Tina

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Working with realtors

Hi,
My name is Jeff and I am new to the DG family and just ordered then rbbp on Saturday. I just got into the 30 day quick cash formula and my question is this. If all that I am doing is assigng properties initially, when does the realtor get paid? I ask this because i am planning on doing this until I raise enough cash to actually some of the properties.

Thanks


He gets paid at the closing

He gets paid at the closing when your buyer closes...

Nick

__________________

Flipping A House Near You...


Obtaining Address of Cash Buyers

Okay, so I thought I was going to have it hard finding the mailing addresses of the cashbuyers--I was just over-looking the link "Select" next to the name that popped up after I input the property address!

So here's what I'm doing. My REA sent me a complete list of all cash purchases made in the last 90 days--this list only contains the address of the sold-for-cash property, not the buyer's name. BUT I'm taking that property address and going to my county's tax assessor's/treasurer's website and doing a property address search. The person's name is brought up and there is a link next to the name to where I am given more info (including the mailing address) of the cash-buyer who owns that property.

So my next question is (and may be a no-brainer), if the mailing address where the property tax bill is being sent is the exact same as the property address I did the search for, should I assume that they are living in the house and not investors and move on to the next?

__________________

~Michelle Casey

"Now all glory to God, who is able, through his mighty power at work within us, to accomplish infinitely more than we might ask or think."~Ephesians 3:20


Absolutely Not

michellecaseyks wrote:

So my next question is (and may be a no-brainer), if the mailing address where the property tax bill is being sent is the exact same as the property address I did the search for, should I assume that they are living in the house and not investors and move on to the next?

Hey Michelle,

I'd send everybody a letter. They obviously had enough cash or had access to cash to buy the particular property. Who knows, they maybe wanting to invest and your their savior, lol. They might also know a bunch of people that invest and will pass your name on to others.

Just remember, with ALL of this, its a numbers game. The more people, properties, agents and so forth that you reach out to, the better chance of succeeding.

Alex

__________________

Get rich or die tryin!!


RBBP Part 3

Alex, (btw, I am sorry I have been referring to you only as awaterloo!)

So, Part 3-- yep, comps are subjective. But we know by exactly waht our buyers are looking for in a property so I would say our opinion might hone in a bit better than the REA's, so yes-- getting a close figure to the REA's is all good.

So, here I go again probably thinking too much, but since you're on Part 3 now, think this:
Take the $100K house we found to average at $98K, we take 15% off the top for mandated costs and arrive at $83,300>>> then we take off our repair costs of $10K and our [decided] profit of $20K, so we are at $53,300 and out of the gate we offer $48,300.

Here is my jumping ahead and my question(s):
1) I think our material shows us that the [decided] profit is a) what the market will bear, and b) not far off [what the market will bear] at ~20%-- so, okay, BUT!:
- how do we turn this into our sale price to the buyer? OR do we let HIM make the offer to US and not worry about this part?
I did a few figures and came up with this scenario:
[backing up to what a cash buyer on my list might have set out as their criteria] I have a buyer who will buy X type property, in X location all day long that has an After Repair Value of $115K (this is assuming that the comps had similar repair needs of $10K and that when repaired $15K would be added to the value) for 30% below current market value-- does this means he wants to buy at: $115 - 30% = $80,500? Or if his criteria is 50% below ARV, then he is willing to pay $115 - 50% = $57,500? In either case I (we) potentially would make either $80,500- [say] $53,300 (it that is our locked-in price) = $27,200 or $57,500 - $53,300 = $4,200. Is that right? Or is my math skewed by the ARV? Should I be working with $100, not $115? Which would mean I could only make the deal with my buyer if his criteria was 30-40% below ARV of what the current market is even IF the prop needed repair?

Lots of numbers, I know, but....
Too much worrying about "what if?", or a valid point of wanting to see the "other" equation?

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Just Getting Started

Hi Everyone! I just bought RBBP and am starting out on day 1 today. I just became a father and want to give my family a better life. I look forward to updating all of you with my progress and also sharing insight and information with the whole DG family. Thanks


Assignment of Contract (AoC) vs Double Closing

Hey Michelle,

So happy you started this thread-- Kudos!

Yeah, I have a client (a multi-family investor) who also said I would leave bad taste in Buyers' mouths if I tried to assign deals; that I should partner with them... but I am going with what Dean teaches and not worrying about that. I think that is what your Atty/Title Officer is saying. We just have to remember that everyday investors (Chiropractors, nurses, small business owners, etc.) that do not have the time to search, and that have REA's doing their best to bring them deals won't be able to get as good of deals as we can with Dean.

If you see my post ( a minute ago) regarding the "other" equation, I am trying to fingure out the same thing-- what dollar amount can we can "tack-on" from what we lock up a prop for to what we assign a prop to a buyer will not be offensive and cause the buyer to come back to us over and over????

DG vets-- we need you jump in here!

If I recall, Matt has said that the $7,500 he gets from Dean on multi deals is low, kind of a multi- deal discount to Dean, and then we have heard that showing a $20K assignment fee may be kinda of high or offensive on a $100K deal, then I am thinking that $10-$14K might be where I will shoot for with a a basic $100K deal and do an assign.... IF I was to see potentially more than that I would do a double closing instead and keep my fee undisclosed. Of course like Carol and Andrea said on Saturday, some deals only get you $500, but it is $500 more than you had.

As for the difference between a AoC and a Dbl-closing.... on Page 5 of the RBBP, Matt takes us thru the whole thing. It will become very clear.

Thanks!
Tina

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Assigning Deals vs Double Closing

Mmmmkay...I've asked around and watched Page 5 of the QCF to get a better understanding from Dean and Matt. Here's what goes down in an Assignment of Contract (AoC)...

I find property needing (for example) appx $8K in repairs; ARV is $90K. I lock up a deal w/the seller for $42K. I find a buyer for the house whom the contract is transferred over to, at which time he/she cuts me a check (usually they give personal check) for whatever fee I decide (in this scenario we'll say $5K) and I walk away.

Am I understanding correctly that when utilizing an AoC my fee/profit may be significantly smaller compared to if I was doing a double close in the interest of keeping my cash-buyer happy?

Since AoC isn't illegal in Kansas, I'll most likely stick to doing AoCs.

__________________

~Michelle Casey

"Now all glory to God, who is able, through his mighty power at work within us, to accomplish infinitely more than we might ask or think."~Ephesians 3:20


Well, damn...

First agent I talked to was great, if not creepily efficient. I think she may have been psychic.

She used to invest herself, and had no problem putting in low offers and understood that it can be a numbers game.
SHE told ME that you gotta put in 20 to 25 offers to get 1 accepted, so that's what we should do.
She gave me great insight into the price ranges and rental ranges of different areas I was asking about.
She laid out guidelines for better areas vs. areas to avoid and gave me reasons for her opinion.
She told me that different types of properties are great for different types of strategies, so I should put restrictions on my MLS searches so that my lists are already better qualified for potential motivated sellers.

Uh... yes, I agree. Let's do that...all of that

So she's putting together a packet and is sending it off to me by tonight. Gave me her contact info. Gave me her partner's contact info. And took my contact info.

I was on the internet and phone for a combined time of maybe, 15-20 minutes.
And, I was eating lunch. (Bangers and mash...deelish)
This better get harder or EVERYBODY'S gonna stand a chance to make some quick cash Eye-wink

More later. Go get 'em, dg fam. Let's do this.

__________________

Your friend,

SHINE


Michelle & smokemaster

Michelle, I love this thread, I can't stop hit refresh to see how you guy are doing and progressing.

@smokemaster: I may be beating dead horse here, because you got some much great response already, these guys are awesome with the answers that they have given you.

And to make it a little more simple, understand if you're going to be wholesaling your #1 focus (85% of what you do) is to build your buyers list.

Now understand that by asking your REA for a list of properties that has sold in the past 90 days for Cash, you are asking for that information to help with your internal research and strategy development. With the list of cash purchases from the last 90 days you are able to do 2 things...

1. you can look up the addresses on your city tax assessor website and find out who bought it and their billing address. You can now send them a letter to open the communication channels, letting them know what you do and how you can help them in their current all cash Acquisition efforts. Thus, building your buyers list. this is one strategy of many that you will be using to build your buyers list..... I would never ask my agent for a list of all cash buyers from the last 90 day, i would instead as Michelle said ask "for All cash purchases from the last 90 days". It's not what you say it's how you say it!!!

2nd thing the list will do is: let you know what area is hot, if you see a certain area has a large number of cash purchases, you know that cash buyers are interested in that area and if you can find them deals in that area, they will most likely be quick to snatch it up from you.

Hope this make it a little easier to understand.

Actions Speak louder than words... make it an action packed day

DeVon

__________________

Actions Speak louder than words... make it an action packed day!!!

http://www.CashBuyers.TV


Hey Michelle

On the topic of Assignment and Simultaneous closings.

Assignment is not necessarily adding on a profit to the price of the house. it's more of a fee you are charging the investor to take over your deal or what i like to call a finders fee. It's a private agreement between you and the investor, so i don't see why you would need to disclose it to the seller. I make sure your attorney is working in your best interest and i would recommend working with an attorney that has experience working with investors. Just like your looking for an Investor friendly real estate agent, you need an attorney that have experience working with investors. My attorney live, eats, sleep and only does real estate deals.

The investor will cut one check for the contract price and another check for your fee. you provided a service and you are being paid for that service. it just makes it easy to do it all at the closing table. In theory you can have him bring the fee to your office and then transfer the contracts over to him/her and let him go to the close table on his own. But like i said it's just easy to do it all at the closing table. That's my experience with Assignments.

Now double closing in my experience also does not need to be disclose to the seller. Because you are closing on the property first with the seller. once you close and it's your property, every second after you have signed on that dotted line, what you do with the property is your business and only yours.

Weather you sell in a half a second after you bought it or 10 years after you bought it, it's none of the sellers business, they have no interest in that property any longer once they have sign on that dotted line that transferred it over to you.

Now check your state laws because some states have laws that state you need to hold the property for a certain period of time before you can sell. some 10 days, some may be more. check with your attorney.

Hope this make it a little easier to understand.

Actions Speak louder than words... make it an action packed day!!!

DeVon

__________________

Actions Speak louder than words... make it an action packed day!!!

http://www.CashBuyers.TV


Tina

Hi Tina,

I think your logic is pretty much spot on. It was a little difficult following the numbers, but I read it a couple times. You pretty much was to use the current value (see matt's explanation in Part 3). Then you start taking off the 85%, repair costs and your profit. You will mark up the sale price to your investor by the profit you want to make.

Does that me sense?

Alex

Here is my jumping ahead and my question(s):
1) I think our material shows us that the [decided] profit is a) what the market will bear, and b) not far off [what the market will bear] at ~20%-- so, okay, BUT!:
- how do we turn this into our sale price to the buyer? OR do we let HIM make the offer to US and not worry about this part?
I did a few figures and came up with this scenario:
[backing up to what a cash buyer on my list might have set out as their criteria] I have a buyer who will buy X type property, in X location all day long that has an After Repair Value of $115K (this is assuming that the comps had similar repair needs of $10K and that when repaired $15K would be added to the value) for 30% below current market value-- does this means he wants to buy at: $115 - 30% = $80,500? Or if his criteria is 50% below ARV, then he is willing to pay $115 - 50% = $57,500? In either case I (we) potentially would make either $80,500- [say] $53,300 (it that is our locked-in price) = $27,200 or $57,500 - $53,300 = $4,200. Is that right? Or is my math skewed by the ARV? Should I be working with $100, not $115? Which would mean I could only make the deal with my buyer if his criteria was 30-40% below ARV of what the current market is even IF the prop needed repair?

Lots of numbers, I know, but....
Too much worrying about "what if?", or a valid point of wanting to see the "other" equation?

__________________

Get rich or die tryin!!


More on RE agent process...and "the spread" in your deal

I am loving all the comments and movement taking place here. THANK YOU ALL!
I saw a couple things I want to point out on the REA phone calls.

If asked what price range you are interested in... respond back with, "I'm interested in the price range selling the fastest. What are the hottest areas?" Help them think differently. See how they respond. Good ones love it!! By the way, this came from Dean, not me... I read it in the BP before making my calls. Which, I wasn't sure I would do because I think I have a pretty good agent now BUT...

after this exercise, I found another and maybe better one, and why settle at just finding one good one. They usually specialize in specific zip codes so work with several until you know you've really found "the one." I know we want to hurry and find the one quickly but remember we are building a foundation. No need to jump at first person who is nice to you! Put your savvy hat on. You are building the foundation for your empire!! Take your time to make it solid. Keep making those calls, take charge, it actually gets fun and you will get TONS of information from engaging agents that LOVE what they do.

Right now our brains are taking in sooo much information. You really must stop and go back and reread the sections and I'm pretty certain you'll see something differently or realize you misread or just plain ole didn't even see something the first time because you are so doggone excited!!!

Regarding your deal spread, Dean and most deal makers hear will tell you not to be greedy. Those big spreads will come on appropriate deal, and you'll know which ones they are but ... right now, even 2,000 is more than you've got in your pocket. Be reasonable, you want everyone to win. You want those investors to keep coming back to you and the more they do, the more money you will make. You may put 20K in the deal and never get the closing. Why not put 5k in the deal and not only get that one fast but then have momentum for many more. It will all make sense exactly when you need it to - in real time.

ight now, try not to get bogged down in those type of details but get familiar with the tools here, in the process. Over thinking will slow you down. Our job right now is to DO the recipe. Keep the faith... and don't let your eyes pop out with excitement. Blessing to each of you!

__________________

Jill Holden | San Diego
Investor Services
Team Development


Sale Price to the Buyer

Yes, Alex, thank you. I knew my numbers would get confusing; thanks for reading it twice.

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Real Estate Agent

Well I spoke with a couple fo real estate agents today.. they were so helpful. I'm so excited at the listings they sent me.. that I will be posting a ghost add tonight on craigslist.. I really can not believe the deals that are out there now......... this agent said he will look at properties for me, and estimate what would be needed to fix up.. and he said we need to be very aggressive in this market.. so I sent the follow up email.. asking for cash buyers.. and his opinion on areas or pockets he thinks are good..
my only concern is if I have to move so fast with this realtor.. is that i'm not to sure of the exact forms to use.. any suggestions..


RE Agent finding & profit on wholesale deals

Thank you Jill,

btw, I did make my calls to RE Offices! I am usually pretty fearless, but for whatever reason I let myself get scared to make the calls-- but, BAM! I made 4 calls, and I was not at all nervous and the calls went very smoothly. I did not find an agent accustomed to working with Buy/Hold/Sell investors yet, but I gathered other information.

As for spread, you said it-- I am NOT the greedy type, I have always been a relationship type business person, so I could not figure out how the buyer would make his money if I (we) got the $20K built in our price. Thanks for showing and for saying not to worry about that part. It seems we have to share that $20K and he's the guy with the moola, so he gets more. Makes sense.

Also, by the way everyone, please call me out if I say something wrong, possibly wrong, incorrect, etc. I know we are all just trying help and we get so excited. If I do something dumb (like my double post earlier) or worse mis-quote information-- please lmk.

Thank you!

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Buy/FIX/Sell that is

see, I caught myself. Not Buy/Hold/Sell, Buy/Fix/Sell is our strategy.

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Thanks Nick, I walked my way

Thanks Nick, I walked my way through the process and figured itout


MLS search

do you know if there is a substitute of MLS search for the UK?
Thanks
Lukasz


Rock Bottom Blueprint

I'm one of those who "thinks" they need all the info before starting so I took the plunge and ordered Dean's Rock Bottom Blueprint. I know with this step by step plan, I will stay on track and will continue to move forward. I've watched the first of the video's, along with 2 of the Edge Event videos. I've also completed most all of the steps. Prior to ordering this, I thought I had a pretty good agent but when I pushed her for more info (which she said she'd send and I don't have it yet and she's my 4th agent) I feel like I've taken 1 step forward to 2 steps back. We don't have a Keller-Williams close (closest is 90 miles away) and as for Re-Max (they only have a couple agents close, one of which was my 3rd agent). I even took the advise of another that I read on a previous post and called a title company and he felt he couldn't give me the info even though I explained he would be getting business as well as the agent! As for the rest of the steps for the first 5 days, got'em done in 3 and still moving forward.

One question...the title company I plan on using does what they call "open title" when dealing with double closing. Can someone clarify that termanology for me please?

Thanks!


Making FAST Progress!

So far I've found the perfect REA, got a refined list of about 25 listings matching all criteria, acquired a list of all cash purchases in the area and tracked down the buyer's name and mailing address, copy and pasted those names and addresses into a word document, ordered business cards, created ghost ads and posted on CL and backpage.com (yielded 8 cash-buyers on my list), and ordered yellow bandit signs.

Next on my to-do list: write and print the letter I'm going to mail out to my cash-buyer's list and include business cards, hand-write "we buy houses" signs and post them at busiest intersections around town friday evening.

As for submitting offers to the 25 refined listings: do I need to do comps on those before we submit the offer or just submit offers 70% ARV minus repairs and minus my fee based on the asking price?

__________________

~Michelle Casey

"Now all glory to God, who is able, through his mighty power at work within us, to accomplish infinitely more than we might ask or think."~Ephesians 3:20