Home » Member Journals

Bill's Member Journal

Posted on: Mon, 08/02/2010 - 23:34
Bill's Member Journal

Just received my books and I am already 5 chapters deep!!! Rina thanks for the help with my first question... I hope to join the Academy on the 9th of August...

__________________


Posted on: Tue, 08/03/2010 - 16:28 #1
looking at first property

Going to look at my first property today at 4pm....


Posted on: Wed, 08/04/2010 - 22:38 #2
Trying to find motivated sellers

I viewed three properties yesterday. One of which was a home in a sketchy neighborhood that needed tons of work. The other two where condos in the same complex. The exact same layouts and there was a difference of $7,000 between the asking prices.

I don't know if I am trying to do to much to soon without finishing the book but it's only been to days. I have found potential Tenant Buyers and possible renters. The response on getting investors has been non-existant but its sill early.

Goals for today are:

  • To read a few more chapters in Your Town.
  • Need to find a mortgage broker
  • Need to find a real estate agent
  • Create a Ghost ad for motivated sellers
  • Find out more about how section 8 housing works could be a big market in my area.

    I am so motivated right now! My girlfriend can't believe my drive on this. She is so helpful. She says if you make a good living doing this could she quit her job and work for me in some capacity. You gotta love her for that!!!

    Until tomorrow.

    Bill


    • Posted on: Sun, 08/08/2010 - 16:42 #3
    Day after looking at 2 properties...8.7.10

    Well well well...I just looked at two properties yesterday...I met an awesome agent and he was a wealth of information. As a matter of fact we spoke for an hour. He gave me so much valuable information. He has agreed to be a apart of my team and he has a mortgage broker that he deals with that he said he would be a nice addition as well. So I knocked off two items from my to do list with one meeting.


    Posted on: Thu, 08/12/2010 - 23:40 #4
    Doing my research on a property

    I am doing my research to make my first offer on a property. Probably going to make the offer on Monday 8.16.10. My co-worker saw me reading Your Town so I gave him B.A.R.M. to read and we have decided to become partners. Turns out he used to run a team of guys that rehabbed homes for about five years. WOW!!! This thing is really starting to come together.

    Until next time,
    Bill


    Posted on: Fri, 08/20/2010 - 12:35 #5
    Put in my first off this morning.

    Haven't posted anything in my journal for about a week. I have been really busy at work. Also, I finshed Your Town and more importantly I put in a offer for a property (my first one) I have been following. The price dropped by $15,000 from $44,000 to $29,000 in 30 days. It is a foreclosed Freddie property and I put in an offer even lower of $15K. It has been on the market for 60 days and the realtor said I should jump on it now at $29K, so I just testing the waters to see if they bite. I already have 3 potential renters lined up should every thing go as planned.

    Wish me Luck!
    Bill Gooden


    Syndicate content