Hello Everyone!

I am back! Yes!! Some may say, "how many times will you come and go?". For those caring ones I will lovingly say, as Dean many times here quoted M. Churchill "SUCCESS IS GOING FROM FAILURE TO FAILURE WITHOUT THE LOSS OF ENTHUSIASM!!!!"
I am on fire! I will be at the EDGE!!!!

Hello Evryone!I resumed my attendance at the GAREIA. I met great people there all making deals and very focused. I will immerse myself, make strong connections and structure great deals with them.

Getting closer and closer!
Why I did not read the 30 Day to real estate cash earlier? Do not ask me!!!
All I know, I am moving forward!!!

awesome! Love to hear you are staying resilient cool. I feel the same way I Have felt down & out but like you qoute churchill it is true about enthusiasm going a long way. Let's go lets get deals & congrats on moving forward great job.

the reia's are awesome & very helpful look forward to hearing about deals & seeing you at the next edge!

Here are the numbers
Sale price $122,500
Offer price. $100,000*
Rehab cost $60,000 - $70,000
Market value of the subdivision
$285,000 up to $349,900
Projected profit. $115,000 to $179,900
The agent made suggested that offer of $100,000.
After due diligence, with the DG formula, I offered $80.000 to start. My MAO is $93,000
GETTING THERE!! The journey continues!!

Here are the numbers
Sale price $122,500
Offer price. $100,000*
Rehab cost $60,000 - $70,000
Market value of the subdivision
$285,000 up to $349,900
Projected profit. $115,000 to $179,900
The agent made suggested that offer of $100,000.
After due diligence, with the DG formula, I offered $80.000 to start. My MAO is $93,000
GETTING THERE!! The journey continues!!

Don’t let today’s troubles
Bring you down,
Or allow you to question
Your ability

Don’t let life’s little obstacles
Keep you from trying,
Or become the reason
For defeat

Don’t let your fears
Keep you from dreaming,
Or from chasing
your dream

Don’t give up for any reason
Believe in yourself,
And in yourself
You’ll find strength

I found this poem very encouraging and inspiring!!!

Making offers, offers, offers ans more offers!!!!

YES, YES, keep them coming.

Thank you Donna!!! The pump is being primed!!!!!!!!1

I am making offers and will continue making offers UNTIL.....

Making offers is great advice, I agree. Nothing really happens until you make an offer.
Just wanted to share this though - I started making offers and got ahead of myself. I was eager and quick to make offers, got a property under contract, but then I was too slow to get my buyers list going and I had to back out of a deal because I didn't have a buyer. I was actually looking to do a wholesale deal, but didn't have any buyers lined up yet.
Still looking for advice on the other side of the deal...thanks.

Wanted to add a comment to my own previous post here.
I did find some excellent advice from Carol on How to Attract Investors to Assign to Your Deals in another Forum thread here:
http://www.deangraziosi.com/node/10805

I'm going to go try that and see if I can jump start my buyers list.

Once you get a property under contract, aside from sending it out to the buyers you DO have on your buyers list, you need to advertise it EVERYWHERE. Every real estate website you are a member of, Craigs List, Real Estate investor associations, selling with bandit signs in the neighborhood (maybe near Home Depot or Lowe's if its a fixer) and I find when I advertise a property I also build my buyers list. Get an account with Postlets and with one button you advertise it on a bunch of websites.

To ad to Margaret's list also check newspapers in the for rent section, those are investors and some people just don't like the internet to advertise. Also call management companies that rent out for investors ask if their clients are looking for what you have, never know till you ask.

Aaron

Thank you Kevin for your input! Very valid. Yes I am applying the 30-day to Real Estate by Dean. I have my buyer's list and a particular buyer for in the area where I am working. Yes that basis was covered.

Thank you so much mbjoseph. That is a lovely advice! Let's continue to get things done!

Thank you my dear friend Aaron! I know all is going well with you!

Hello! Hello! Hello!

Hello everyone!
Question:
Has anyone tried to use the Total View Real Estate Analysis System? I tried tolook up information about three leads,but I am receiving this message for about a week now: We encountered an error pulling the data for the property you entered.
Please let me know if it is me or it is a general problem.
Are there any other tools like Total View? Please help me out!

Hello, I've been using the Totalview Real Estate website for years and I've only gotten that error display twice, and both times it's been because I entered the wrong street address. Try to retype it and see what happens. The website is extremely accurate for all the data it provides and it's incredibly useful in every way. From comps to estimates to every instructional video available. Also, I would ask you if you have signed in to use it. Not to say you missed a step, but sometimes if you're not signed in to the website it may not give you access or information.
Hope this helps you my friend.
The best to you!
Angel.

I launched my Yellow postcards campaign 2 yesterday. My first campaign yielded a very minimal successful result. I am and will remain at it until massive success!

I have been with IE now for 11 great days and moving forward. Success is the PROGRESSIVE REALIZATION OF A WORTHWHILE GOAL. My goal is worthwhile, therefore, it CAN NEVER BE ABANDONED or GIVEN UP. I will therefore adopt Sir Churchill definition of success: "Success consists of going from failure to failure without loss of enthusiasm."
Let us make it a memorable week.

I put in an offer.
ARV:$129,651
Asking Price:$112,651
Offer: $89,230
Offer was based on DG's formula in the 30 to RE Cash book.
What do you think?

Are you Wholesaling or buying for your self.

You have not added repair cost,

MAO = (ARV * .65) - (Repairs + Your Fees + $2000(Wiggle Room))

I am assuming the ARV is based on SOLD comparables.

I think your offer is fine but what do your buyers say? what are they buying? how much of a dscount do they need? Buyers are willing to take deals with less profit these days bc the market it tight so I would talk to them and see what they are making on deals.

A good question to ask your buyers is "tell me about your last 2 deals?" see what they purchased it for, rehab, and ARV & that wll tell you what profit they are really willing to make. its fine to have a formula but better to know exactly what yoiur buyers really want or are getting ok. Happy investing.

Thank you for your input. Waiting on the agent.

Great day to you all!
I am inquiring about the probate niche. Is there anyone here who has experience in investing in probate deals? Please let me know how you feel about it. Is it a great niche, average or bad niche?
Thank you in advance for your help.

IT WORKS IF YOU WORK IT!!!

very true!!!