Chris's - Rhode Island Real Estate Journal

Chris's - Rhode Island Real Estate Journal

Friday, November, 27, 2009

OK, I should have started this earlier, so I have some catching up to do.

Saw Dean's infomercial on TV on Nov. 1, order his book the next day. Received his book about a week later, completed both of his books and the "success secrets" booklet on November 23rd.

November 24th, set up my voice mail, posted some adds on Craiglist & Kijiji, set up a new e-mail account, started website. Some of my add got removed?? Maybe I posted too many?

November 25th, opps realized I forgot to leave my phone number on the voice mail. Figured out how to add a closing without re-recording the whole message...whew! Got a few hang-up voice mails, someone listened to the whole message, but didn't leave a message. It's nice to get notification of calls. Ordered AFF, ran a few of the reports, not too many properties came up, all of them were from Craigslist. Have to come up with a script to e-mail the few prospects that did come up. The form generators, and webpage generators that came with AFF are great!! I couldn't get the webpage name that I wanted to generate correctly, I need to come back to that. Need to read up on how to set up the website promotions, the Dan Hollings information was great!! Need to print out some flyers and post them in the local area (grocery stores, library...). Starting to build a contact list of realtors and mortgage brokers that I can begin to contact. Didn't win the scholarship, called to inquire about the academy, I think I waited too late, left a message.

November 26th - Happy Thanksgiving!!! - No work on the business today.

November 27th - Didn't get in as much time as I would have liked today working on my real estate business. Car was in for service, so I didn't make it to the store for printing supplies, will have to do that tomorrow. Set up my home phone to go to voice mail instead of answering machine so I don't have to worry about the boys deleting an important message, plus I now get notified via e-mail if I get a message. Haven't heard back in the academy, will have to call again tomorrow.

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... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


Very Nice!

Chris, "And it still cash flows" that is great. The best I have found so far here in Atlanta area is 6 months seasoning with 75% LTV, NOO, Cashout? What is the max LTV% at that bank with cashout?

Best Wishes!

-Dan

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Dan

www.danbuyshomesfast.weebly.com


Dan

I believe the max was 75% with NO seasoning requirements.

Check with the small banks, they are more flexible than the big ones.

Chris

dhilsman wrote:
Chris, "And it still cash flows" that is great. The best I have found so far here in Atlanta area is 6 months seasoning with 75% LTV, NOO, Cashout? What is the max LTV% at that bank with cashout?

Best Wishes!

-Dan

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


01-22-11 - SLF Paying Off!

Lots of errands to run in the am...spent the afternoon working on REI!

Got my first REAL lead from SFL! You can tell when they fill in all the blanks! I spoke to the women, seems like a real nice house with a lot of equity in it! Having a hard time getting comps to determine a value. Not a lot of sales in the area recently. I am having my realtor work on some comps for me.

Working on post cards for probate, should have those soon!

Also been working on increasing internet traffic to my web sites!

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


01-24-11 - SFL Paying Off!

SFL is starting to pay off! Looks like a got first dibs on a deal from someone who posted their info on my SFL site!!! I am also getting a lot of cash buyers and some deals from the system. Wooooooooo hooooooooooooo

Some other great news, my wife is coming to the EDGE with me this year.....yesssssssssssss! See you there!

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


01-25-11 - Potential Deal

Have a potential deal I am looking at. This person saw one of my ads and posted info on my SFL site. They are looking to locate to a warmer climate and has a rental property they want to sell, the house is not listed or marketed anywhere. Plan on looking at it Saturday.

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


01-27-11 - Anyone want some snow??? It's FREEEE

Got hammered by snow today yet again....about a foot...more storms coming. It's starting to put a damper on the property inspections.....dohhhhh

One good thing, it's easy to see the vacant homes in the snow.

Anyone reading this who wants to go to the EDGE, but may not have all the funds needed, see the contest we have running:

http://www.deangraziosi.com/real-estate-forums/local-networking-and-disc...

See you there!

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


01-29-11 - Busy Day

I have a big to-do list to tackle today! Working on finding deals and increasing my exposure on the web and traffic to my SFL system!

Be sure to check out the EDGE 2011 contest going on right now:

http://www.deangraziosi.com/real-estate-forums/local-networking-and-disc...

Also, if you haven't seen my video yet, check it out here:

http://www.deansmedia.com/play.php?vid=171

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


01-31-11 - Working The Net

I've been expanding my exposure on the net, I think it is starting to pay off. Got some new prospects plus a new buyer within the last week.

Still digging for deals....haven't found the diamond in the rough yet.

Can't believe this month has gone by already!

...more snow on the way!!! LOL

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


02-01-11 - MORE SNOW!!!

OMG...had to shovel my roof tonight! There had to be at least a foot of snow up there and we are expecting rain tomorrow! Whew....what a lot of hard work. Don't worry I didn't fall off! I made up a tool to do it from the ground, except for the flat roof, I had to shove that off!

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


02-03-11 - Ice Ice Baby

OK....now we have ice everywhere!

Getting ready to send out postcards to potential probates.

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


02-10-11 I'm Backkkkkk

It's been a while since my last post. Still plugging along, have one house that I have trying to look at for the past few weeks, but every time we plan on looking at it we get a major storm. Looks like this weekend is finally clear.

Marketing is key! Make sure you have multiple means of marketing. Bandit signs, flyers, craigslist...etc.

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


self directed IRA's

Chris,

I have been following your progress. I need to get orgoanized and motivated like you. Where is a good place to find out more about using self directed IRA's for purchasing homes

Thanks

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ankeris


Hi Chris just wanted to stop

Hi Chris just wanted to stop and thank you for all your support on the contest. Its hard finding anybody Karen is still trying to get to the top of the list and pushing all threads back 15,16 pages deep. See you around.


Ankeris

Check out this website, it should give you more information on self directed IRAs:

http://preferredtrustcompany.com/

ankeris wrote:
Chris,

I have been following your progress. I need to get orgoanized and motivated like you. Where is a good place to find out more about using self directed IRA's for purchasing homes

Thanks

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


02-11-11 - Looking At A House Tomorrow

Looking at a house tomorrow. This house is from someone who posted their information on my website!

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


02-17-11 Still Alive

Sorry I haven't posted in a while. Yes I am still alive!!!! A few things going on, but not as much as I would like.

First off, my tenants were late with the rent....ugh! They didn't reply to my phone call, texts or e-mails....until, I used the late rent letter from DG.com. That letter sure worked, I hated sending it, but it sure sends the right message.

Went an looked a house from a women who left her info on my website. Had been trying to look at it for weeks, seemed every time we set up an appointment we got a snow storm. The house need more work than I had anticipated, we made her an offer, waiting to hear from her.

I also spoke to another women who was offering owner financing. She wouldn't give me the address of the property, but she did say it was on the MLS, so I found it there. She was asking about $100K over the fmv!! NEXT!

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


Hello Chris what's wrong

Hello Chris what's wrong with asking more then it's worth some one might buy it. How have you been I haven't stopped by in awhile been a little tied up.

I see you stay away from all the banter when it starts up here good ideal.


Thanks Jim

Doing great! Working on getting that train into high gear and keeping it there!

How are you doing?

James Kendrick wrote:
Hello Chris what's wrong with asking more then it's worth some one might buy it. How have you been I haven't stopped by in awhile been a little tied up.

I see you stay away from all the banter when it starts up here good ideal.

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


Hey Chris,

I CAN RELATE...."Had been trying to look at it for weeks, seemed every time we set up an appointment we got a snow storm." I had 3 properties go under contract on me cause I couldn't either get out thru the storm OR couldn't get TO the property (too much snow/ice, uncleared). Being hammered by 5 big storms in a very short timeframe has made things a bit more challenging. Will continue to PERSEVERE! Keep in touch.

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Attract Private Investors to fund your deals so you can do more deals while using Other People's Money (OPM). For more info go to:
http://www.mcssl.com/app/aftrack.asp?afid=1029023

Regards,
John <>< Future DG & DL REI Billionaire
ASPEN PROPERTIES "I BUY (ALL CA$H), HOLD, LEASE & SELL Commercial and Residential Properties" ANY LOCATION, ANY CONDITION, ANY PRICE
http://ctaffordablehomesforall.usapropertywholesale.com/


Hey Sir John

The warm weather lately has melted a lot of snow. Still some left, but not as much as a week ago.

SirJohn wrote:
I CAN RELATE...."Had been trying to look at it for weeks, seemed every time we set up an appointment we got a snow storm." I had 3 properties go under contract on me cause I couldn't either get out thru the storm OR couldn't get TO the property (too much snow/ice, uncleared). Being hammered by 5 big storms in a very short timeframe has made things a bit more challenging. Will continue to PERSEVERE! Keep in touch.

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


02-18-11 Warm Weather!!!!

Ahhhhhhh a taste of spring today!

Got someone who is interested in a lease option! See what I can do for her.

Have a long weekend....time to focus on some real estate!

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


02-22-11 - Never Giving Up!

I have decided to focus on wholesaling. I am going to focus locally first, then expand to other areas! I will never give up, I will succeed!

Come with me!

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


03-01-11 - Whew....Lots of Travel

Whew....I hope I am done driving for a while!!!

Just drove from Bangor, ME to make it home in time to catch Dean's conference call (5 hour drive). Before that took a long weekend and went skiing with my family, other than driving up in a snow storm, everything was awesome!! 8" of new snow, it was sunny an warm (at least for New Hampshire). I did my best skiing ever! Though we haven't done this in 2 years, so I was not used to all the skiing, the heated pool and hot tub was awesome at the end of the day.

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


Glad to Find Your Journal

Hello Chris,

I just found your journal and read a few of the posts. Good stuff, I look forward to spending some more time here. I am posting today because I know I need to interact more with fellow DGer's and, also - so that I will have a reminder of where to find your Journal when I visit my Account Settings.

A quick note: When I click on the 1st and 3rd site links in your signature, they don't go to the sites.

Later, Steve Hunter

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Steve Hunter
Property Match of America, LLC

"True success is found outside of your comfort zone. True success requires change." - Carol Stinson


My latest deal!

http://www.deangraziosi.com/real-estate-forums/my-deals/90071/question-c...

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


3 Properties Under Contract

Yes...I am still alive an working real estate...

....where do I start???

Been getting my act together...put together a marketing plan for buyers and sellers.....hired a VA to handle all the seller calls, do research, then hand the deal to me for calculation of the offer, then I hand it back to her to make the preliminary offer call (all while I am on my full time job...for now anyways).

So is this working??? YESSSSS I currently have 3 properties under contract, with a 20 day inspection period, we are making about 50 offers per month and once I get this going looking to expand the market.

I will keep you posted on the deals!

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


Hit the Reset Button!

As you can see it has been a while since I updated my blog.

I am hitting the reset button, I got Dean's latest book and skimmed through it, so this is what I have decided to do. I am starting from page 1 and will document my daily progress here, both the successes and challenges. My goal, within 30 days to complete a deal based on Dean's latest book and to continue with the plan, by this time next year to be regularly generating $10K a month in profits from real estate.

Actually I am going to start a new blog called - "Chris's - 30 Days to Real Estate Cash" [I will post the link here shortly].

http://www.deangraziosi.com/real-estate-forums/investing-journals/97820/...

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...