My Investing Journal

My Investing Journal

Today was the first contact I had with Real Estate Agents. The first agent I talked to said there is no-way I can do an assignment of contract, and who ever told me that knows nothing about real estate. He told me Deans program is a scam and I should not have anything to do with investing. He got me second guessing myself. With the next Agent I talked to told me that she does assignment of contracts all the time and don't listen to the first agent, we had a good conversation about real estate. Another thing the first agent told me if I stayed with investing never use his company at all.

I have 3 more interviews on Thursday. I hope they go better.

I confused and still very interested in this business.

__________________


REAL ESTATE AGENTS

Yesterday I made my first offer on a home. The home was an REO and they wanted 192,500 for it. It needed about 9000.00 work done on it so I offered 163,595. My freakin RE Agent who said she has no problems puting in low offers an the broker said the same thing. I am so ****ed right now I am venting on you all I am sorry, but my so called agent would not put the offer in, she told me it was a "weak offer", i called there office and told the broker an the agent I wante to setup a meeting with them. I might have to do business with them later on but for now they are history in my book. I really ddon't know now if I can trust any agent so far the ones i talk with basically told me Dean was a scam and I should not be in this business.

When I make back to back purchases who will have the last laugh, I will. When they come to me again I will just walk away. Just thinking about it makes me mad so I better not say anymore before I say something I might regret.

Bob


A MAJOR MISTAKE

I totally screwed up, A company who rents houses caitalizing on people who rents places and then no reason of the renters fault the house or apartment or condo, gets forclosed on. I agreed to put a banner on there site, a banner for the cities in Santa Barbara County and also a banner in all the cities in San Luis Obispo County. The site is called Rental Forclosures.

When someone calls me and wants a rental property, I find a rental property and let them take over from there. Maybe I can get away with saying I m bird dogging but I did not explain to Rental Forclosures that i am going to have to charge a bird dog fee.

I really don't know what to do. I have to make money somehow because what I am doing is a business and I am providing a service.

What to do, what to do?

Bob


Edge Program

Last night i had very litle money but i bought it anyway. Indiana Joe said something and made me think so I ordered the program he said i am parapharsing, he said many people don't get a second chance in life and by geting this program I am getting a second chance, I am more excited than ever,I know I will be so much more successful by having the edge program!!! Thank You Dean and thanks to Joe and Stacy for being such an insperation to us all.

Thank You, Thank You, Thank You,

Bob Ross


Assigment of Contract

I need some help? is it true that you can only do assignment of Contract on FSBO, It only makes sence you cant do it with a sellers real estate agent cuz is it they only take offers if you yourself wants to buy the house?

Bob


Caution

I wouldn't be advertising on a site, that takes advantage of other peoples misfortunes, that's my 2cents. If I were you I would direct my advertising to those actual people (tenants) who are facing an eviction because their current place of residence is in foreclosure, to help them find a legitimate place that isn't in foreclosure to rent. Don't jeopardize your reputation behind somebody else scandalous BS. If I understood what your posted correctly.

veryinterested wrote:
I totally screwed up, A company who rents houses caitalizing on people who rents places and then no reason of the renters fault the house or apartment or condo, gets forclosed on. I agreed to put a banner on there site, a banner for the cities in Santa Barbara County and also a banner in all the cities in San Luis Obispo County. The site is called Rental Forclosures.

When someone calls me and wants a rental property, I find a rental property and let them take over from there. Maybe I can get away with saying I m bird dogging but I did not explain to Rental Forclosures that i am going to have to charge a bird dog fee.

I really don't know what to do. I have to make money somehow because what I am doing is a business and I am providing a service.

What to do, what to do?

Bob

__________________

"I will NOT BE BROKE! ANYMORE!"
In the name of Allah, the Beneficent,
the Merciful.
22.He is Allah besides Whom there is no God: The Knower of the unseen and the seen; He is the Beneficent, the Merciful.
23. He is Allah besides Whom there is no God: the King, the Holy, the Author of Peace,the Granter of Security, Guardian over all, the Mighty, the Supreme, the Possessor of greatness. Glory be to Allah from that which they set up (with Him)!
24. He is Allah: the Creator, the Maker, the Fashioner: His are the most beautiful names. Whatever is in the heavens and the earth declares His glory: and He is the Mighty, the Wise.


Atcamel

You did and i feel rotton!

Bob


Atcamel

My intentions and what I thought was true was I was going to help others needing one form or another help. Thats why I advertised on Rentalforeclosures.com After I thought about what you said and what I am doing it made my stomach hurt.

Seriously I was only trying to help.

Since being on the site I have got no phone calls, or no nothing. At the time my thought was I was going to help and get paid for doing so, I did not stop and really think this one through.

Bob


Lesson learned

Verify who you're dealing with on any website on internet! You can look up who domain owner (registrant) is for rentalforeclosures.com site on Whois.com It appears the registrant, Jeff Brown, is a RE agent (although I could be mistaken) by ending of his email address @kw.com If he is in fact a RE agent an operating this site and knows that these houses are going into foreclosure, he seriously needs to be reported & have his license yank from him. That's unethical what they're doing purely taking advantage of people. And you know people in general don't know no better. Do find out all the facts before you go to Real Estate Commission in your state to report this guy. I want you to know I'm in no way meaning to make you feel bad for trying to help people out. I'm upset with them or whomever is operating that site with their action, NOT you.

__________________

"I will NOT BE BROKE! ANYMORE!"
In the name of Allah, the Beneficent,
the Merciful.
22.He is Allah besides Whom there is no God: The Knower of the unseen and the seen; He is the Beneficent, the Merciful.
23. He is Allah besides Whom there is no God: the King, the Holy, the Author of Peace,the Granter of Security, Guardian over all, the Mighty, the Supreme, the Possessor of greatness. Glory be to Allah from that which they set up (with Him)!
24. He is Allah: the Creator, the Maker, the Fashioner: His are the most beautiful names. Whatever is in the heavens and the earth declares His glory: and He is the Mighty, the Wise.


Edge Program

Hello!,

Has anyone from California recieved there Edge material Yet. I still have not and I am waiting to make alot of money with the program. I can't wait
I am so excited!!!!!!

Boob


Maybe UPS

If the package comes UPS my driver already went by, so maybe tomorrow


What I been Doing

I have been looking online for homes and passed out bussiness cards yesterday


Edge (in house training)

Hi,
Veryinterested I read your comments in your Journal and I am not much for words or reading,The proper contacts can make the deal,Positive!You are the answer...Just like the rest of us!
The edge came by mail today and This is it for me.I told myself after consuming the Edge...I throw my hands UP!!!I took the chance in consuming the product/Due too the fact of,For what ever my reason are/This is it for me...There is no turning BACK.
Veryinterested contacts are golden/Hang around who you want too be!!!!!!!!!
P.S.I really look forward too breakin in...The EGDE 09.

__________________

Invest in yourself!


Rosefield

Thank You so much for your comment. I can't wait for my edge to get here and I realize theres no turning back.

Bob


BUMMED OUT!!

Another day has past and no edge yet, its Thursday I ordered it last Tuesday.

I hope it comes soon.

And I have seen an apartment building with 8 units thats needs work done to it. It currently has 7 lazy tennents, its very close to a college so it could be rented to students once its fixed up nice, I am waiting for the egde work, maybe theres some stratgy in there that will help me but i dont want to wait to long it might get snatched up by another person.

Bob


House Wanted

I am looking for a home a 1br 1ba. in Tauton Mass. Must be one story and about 1000 sq. feet its paid by section 8 (in mass unsure what they call it) bettween $800 and $900 per month.


Letter Sent

I sent a letter today about this amazing apartment buliding thats for ssle, I just wonder what he will e-mail me back or call me and say.

Bob


Real Estate Agents

I guess I should contact a few agents today and setup some meetings. I hate doing so, they say one thing and do another, I need to be really careful this time.

Bob


Edge Things

I can't wait for the mailman to show up today cuz hopefully my "edge material" will come.


Edge Program

I just recieved it in the mail I have been gone all day and I am about to open it. H U R R E Y!!!!!!!!!!!!!yes yes yes yes yes!!!!!

Bob


Section 8 housing

I think to get my real estate journey started I will get involved in setion 8 housing. At least I am sure the govt. will pay me.

Bob


Alana

Maybe we could partner up and buy something in Georgia or California or actully anywhere you prefer?

Just to let you know I have not made a deal yet.

If interested give me a call at (805) 264-7432 or you can e-mail me @ bross44@****

Bob


Edge Kit

Well after all that waiting, you got it!! whoo hooo. The DVD's are awesome, you're going to love it.

__________________

BRE #01956371


My Journal

My first REI meeting is Aug. 24, 2009 I don't know what time and it is at fidelity national title.

Bob


Las Vegas

I am taking a short vacation to Vegas tomorrow be back on sunday......while I am there I am going to the Court House to check on Probate Properties, also I will drive around looking for properties, My brother is paying for my Plane ticket over and on Saturday I m going to see the "Freedom Concert" by Shaun Hanity. It will be a nice get away but I will still do some Real Estate Activities.

Bob


REAL ESTATE AGENTS

Mine has not talked to me since I put in a low offer. i quess she could not handdle it

Bob


Back to Back Closing

hi,

what really is a back to back closing?

Bob


Tax Lien Sale

Today I bid on a Tax Lien, I bid $930.00 and currently the house is worth $268,000.00 I have 4 days until i find out if I get it I am very nervos its my first deal!!!!!!

Bob


Did ..

You just come up with that number or was there a reason for that number? I'm courious because I have a chance to put an offer on a home but I'm not sure about it because I don't want to put an offer on a house and not have the funds to back it up.


Kat

It was an actual amount i did not have to come up with it thats what they said.

Bob


Ah ok

Hmm how did you manage to come up on a tax lien property. Wow, I need to start searching. I know I found a couple of properties in a bad neighborhood for about 29K a piece. I wonder how long they've been on the market. The buildings are all boarded up. I keep reading about seller concession. I feel that if I could put an offer on the property and possibly get the owner to finance it, rehab it and then put it up for rent I could make some money. I went back over my BARM book and was looking at ways to get properties with no money down.


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