Reat to Own Deal Closed 2/5/14 = $3760

- Yesterday

KNOWLEDGE =
- I read some of TIASSTEP

ACTION =
- I put out 1 seller bandit sign
- I made 1 seller bandit sign
- I spoke to cash buyer #1 about putting in a offer.

Favorite Quote from the past - "I love you, you love me, were a happy family, with a great big hug and a kiss from me to you won't you say you love me too." - Barney

Monthly Goal - I will put out 31 seller bandit signs by March 31st 2011 (16).

- Yesterday

KNOWLEDGE =
- I read some of How to Win Friends and Influence People

ACTION =
- I put out 1 seller bandit sign.
- I made 1 seller bandit sign.
- I spoke to one spoke with one of my cash buyers.
- I searched for a foreclosure for cash buyer.

Favorite Quote yesterday - "Gratitude fights fear and faith kicks in Gratitude." - Bumble

Monthly Goal-I will have 31 seller bandits signs out by March 31st 2011 (17).

I enjoy your journal a bunch, and Ive got to start mine soon. I noticed you have your bandit sign operation down to an fine art. Make one and put one out every day. That is something else Ive gotta do!

Go get em Dan

Yep,
I had some people in th ebeginning laugh or say that is not enough. Well guest what. I use to plan on putting them out but either I did not make time, have time, have signs made etc. So I figured I can always put out one on my way somewere no excuses there. Also, Putting out one a day is alot better than planning to put out ten and not doing it.

Now if I could just get another call. One call so far on seventeen signs. Well it would only take one good call off one good sign.

Best Wishes Steve!

-Dan

- Yesterday

KNOWLEDGE =
- I read some of There is a Spiritual Solution to every problem.

ACTION =
- I put out 1 seller bandit sign.
- I made one seller bandit sign.
- I spoke to one of my cash investors.
- I meet with a new cash investor. He discussed using me as one of his REO buyers agents. He is currently buying about 5 per month. I may use him as a mentor and also be his REO agent?

Favorite Quote yesterday - "True nobility is not about being better than anyone else: It is about being better than you use to be." - Dr. Wayne Dyer

Monthly Goal - I will put out 31 seller bandit signs by March 31st (18).

I was wondering about bandit signs and I do need to start. On your buyer and seller signs, do you make them read the same or do you change them up. Also, how long do you leave them before changing locations?

Great news about the REO agent. Ive gotten very interested in REO rehabs, and REO's in general, but just havent been able to build my list of cash buyers. Lots of info on site, but have had no luck so far. How did you start getting results? There are some smoking deals over here, but its like a kid looking thru a store window at new toys. You can see, but you cant touch.

Also, you mentioned a while back that you were planning to approach banks to get unqualified buyers. Did you ever do that, abd if so, what were your results.

Man, Im just full of ?'s today. Lol Hope you have a good day...and get some calls!! See ya

I just have a minute today gotta take my son to a weekend long travel ball tourneyment. I will answer questions Sun. night or Mon.

Best Wishes!

-Dan

- Yesterday

KNOWLEDGE =
- Read some of How to Win Friends and Influence People.

ACTION =
- Spoke to my new REO buyer ( gotta meet his boss tomorrow).
- Spoke to #1 cash buyer.
- Put out 1 seller bandit sign
- Made 1 seller bandit sign
- Had a call on one seller bandit sign (Guy just wanted to know about my sign)

Favorite Quote yesterday - "I am not were I thought I would be, I am not exactly were I thought I would be, but I glad so grateful I am not were I use to be". - Anonomious

Monthly Goal - Put out 31 seller bandit signs by 3/31/11 - (19).

- Yesterday

KNOWLEDGE =
- Read some HTWFAIP

ACTION =
- Put out 2 seller bandit signs
- Made 2 seller bandit signs
- Interviewed with the Cash Owner of the RE Development Co.
- I got the job helping buy, sell, market there REO's.

I am now working for a mid-size REO development company. I am finding, selling and marketing there REO's. I am very grateful for the opportunity to work side by side with these 2 gentleman. Also, I owe alot of thanks to those on this site that have encouraged me and it is partially because of this site that I have this opportunity. This will help me financially and ultimatly help me to also invest in REO's.

* I will be posting my journal weekly as of this post. See you all in a week.

Favorite Quote Yesterday - "Don't Criticize, condemn or complain." - Dale Carnegie

Steve Wrote - "On your buyer and seller signs, do you make them read the same or do you change them up". Seller sign I leave the same. BUT, I have not ever closer a deal from a seller sign.
Buyer sign I change a little. Rent to Own, Low Down, Low Month, No Banks, 3/2, $650 - $800 Month - My phone #. Also, House for Sale, No banks, 3/2 $2,000 - $5,000 Down. I have closed sold many buyers homes using this sign. I use to use bandit signs years ago to get mtg. leads and I have clsoed many loans (In the past, I no longer originate Mortgage loans.) Now I use them to try to get to assign or LO or lease Purchase but I usually sell them a home instead.

Steve wrote - Also, how long do you leave them before changing locations? Usually as long as the city lets me ;-0 What I mean is usually they take up my signs sooner or later. I have learned a few crorners that I can usually leave them and they stay up several weeks. BUT, that will probably change soon as the city will begin mowing.

REO's kid in a candy store - Yep, i know what you mean. For the most part you have to have money, a buyer with money, private money or in close with a hard money person that will give you a letter based on a property criteria (I guess, I am not sure about that, that is just my experience).

Best Wishes Steve Guy!

-Dan

Sorry I haven't called...just haven't ever found the "right time" I guess.

Congrats on your job w/the REO guys. That should serve you VERY well!!

Like Steve says; there are a LOT of deals here! Just have to have the real qualified buyers for the transaction (of course).

Talk to ya sometime soon.

Dear Dilsman,

I'm just getting staarted. Need someone to brainstorm with. I hoping to get off to a fast start. If you need someone to work with locally, please contact me!!

Thanks,

Johnell

Just popping my head in to say Hi. The REO deal you got working sounds exciting, keep us posted. U now, Ive been scratching around here in Bham looking for a small bank that was investor savvy, no seasoning (except salt and pepper Lol) and flexible. Ive found one that kinda works, but still have to jump thru some hoops. I wanted to keep things local but looks like I might have to go out of state. Can you recommend a GA bank that fits your needs?
Thanks for your "expert" advise.

Btw, sounds like you have bumped up the mfg process 100%, from one to two signs per day. Heck that 200% more than me. Just kidding, I love to pick at cha! Keep em rollin Dan.

Hey Family,

Thought I would update you on my working as a REO buyers agent, marketer and seller for a RE investor in Cobb County Ga. Since starting with him in March I was his buyers agent on 11 homes and I put 11 families in all of these homes on a lease purchase ($2500 upfront and a credit check and plan with my loan officer). He currently has 23 homes and one 9 unit apartment building. I find the homes, run the numbers, make the offers and negotiate the deals. Then market the homes and we Lease Purchase them to end buyers. This investor ownes other businesses and he is not involved in the day to day activities. He has a manager that over sees his real estate holdings, deals with repair crews, the lease purchase buyers, watches there credit and moves them towards a closing with 18 months. This opportunity has been such a blessing to me. I am involved everyday with listing agents and their asset managers, buyers that I get through bandits signs and craigslist. I have been successful with this investor in a large part to what I have learned from Deans book and on this site. BUT, I am using it to move closer towards investing for myself. I now have some of the tools needed to be a successful investor, heck I do it every day just for someone else. I am so grateful for this investor an the opportunity that he has given me and now that I have earned. I will post when I have MY first deal and it may every well be a deal that I am partners with him on. I am still building, growing and working towards investing for me. I was dead broke when I found this guy. I found him off a owner finance sign on the side of the road (while on my way to a Mariott hotel to apply for whatever job they would hire me to do. My traditional real estate agent income was at a all time low and my wifes was working a lot of hours). I called him, he answered, I asked him if I could meet with him and he said sure he was about 2 miles away working on a house (Talking about divine intervention, that was 100% divine intervention (Thank you Lord) I meet with him told him what I could do for him with my RE license, past investing experience and marketing (the marketing, stratigies and ideas came from Deans books and this site) and he said he would give me a shot. I quickly got one of his vacant houses occupied (through a ad I posted on craigslist) then found and negotiated the purchase of three REO's I was was off and running. Thank you to all that participate in this site! Until next time - Merry Christmas to all and to all a good night!

Dan
Sounds like you will be making your own deals very soon.

Thank you, I clicked on your link and it looks good to me!

I now have put out 25 seller bandit signs this month. I will make and have 25 more out by this Friday. I have a ton of buyers and get plenty of buyer calls of my buyer bandit signs. Now I need sellers and I am starting to market for sellers with bandit signs. I did find a seller on myhousedeals.com that has a free and clear, vacant home that she inherited. I went to take a look at the outside and neighborhood and I have called her back and had to LM. The house is ok, but it is 3 doors down from houses that flooded here in 2008 (giant flood that wiped out whole neighborhoods). So after I see inside I will try to get a "Option to Purchase or Lease Option Real Estate Agreement" signed! I will update when I get a sign call or get inside her home.

Yesterday -

ACTION=
- I read chapter #1
- I highlighted important information and tasks
- I dog eared homework to do pages
- I reviewed highlights to better understand tomorrows tasks

"Dig deep and find out your true "why" or more than one."

Sound a lot like what I am doing right now!

It is awesome that you post here daily, it keeps you accountable! Plus the encouragement you get it great!

Keep on plugging and don't stop!

I am working on the first chapter myself, hope to get through the first "page" today and move on to "page" 2.

Yes, you were the inspirational straw that put me back on this track. I had receieved the book, I had daily posted before, I work dailey as a investors Buyers Agent on REO's, I want to be successful investor and I want to help others so here we are continuing the push!

Thank you Chris, I am pulling for you!

Yesterday -

ACTION =
Homework on pages 22 & 23
1)- Do your "Why" exerecise. - COMPLETED
2) - Start writing a goal plan, setting realistic goals for at least a year out. - COMPLETED
3) - Create free DG account - HAVE IT!
* - Watch a few weekly video blogs - COMPLETED
4) - Read one of Deans books - READING 30 Days now!
5) - Watch Blueprint page #1 video - WATCHED Blog #112 (Input blueprint in search feature and this blog came up?)

- Set up my website/squeeze page and put the link up here. Had some trouble down loading graphics on a picture of a house I wanted on the page. I put it up anyway without the house!

** - reviewed phase #2 agian to get head start on tomorrow
*** - wrote out my homework #2 - P.47 for tomorrow

"I am going to show you how to profit in 30 days without cash, credit or risk". - Dean P.27

Daily action = results

One thing Matt Larson talks about is process oriented v.s. results oriented. If you use Matt's 25:1 principal you need to make 25 offers to get one accepted. So if you want to do 1 deal a month, you need to be making 25 offers a month. So the question is, how do you get 25 potential deals to make offers on?

It needs to be a combination of marketing: realtors, bandit signs, ghost ads, business cards, craiglist, etc. Don't rely on on method.

So, I know this is long winded, bottom line is, don't forget to do the things that will get you deals. You need to be doing some kind of marketing every day.

In my last daily posts I deal a lot of things that were not directly going to get me a deal or that if a deal came I was not in position to realize or tie it up immediatly. Thank you very much, - Great bottom line.

Dan, sometimes you will have to do things that you may not think are productive. When I attend the local REI Group I am sometimes thinking of all the things I could be doing, but the people in the room may lead you to your next deal, partner, buyer, or power team member. So it is important to do something, but just keep in mind what you end goal is (get a deal) and remember that you need to take action first on the things that will get you a deal (marketing, deal analysis, making offers) and leave the other stuff for later on.

I am a morning person, so I map out my day so during the morning I focus on the things that I need to do, and the afternoon on things that I have to do. You can do the same. Maybe during the week you focus on the thing you have to do, on save the things that you have to do till the weekend when you have more time. Just my thoughts, hope that helps!

Soild advise and insight. Iappreciate your input, posts and help.

Yesterday -

ACTION =
Homework on Phase #2 page #1
1) - Located 5 real estate office.
2) - Bought a street map of my local area and mapped with little dots were the cash buyers are buying properties. (I have 1 or 2 more areas to plot after I get the cash buyers info.).
3)- Started a file for local market research.
4) - Continued to read and posted on DG.com
5) - created a new email address for real estate
6) - Reviewed all content, completed all homework (minus last property areas to plot on map) from Page #1, Phase #1 and #2.

* Returned my first "We Buy Houses - Any Condition - Phone #" seller sign call. Property is listed and they are moving and about to go to foreclosure. I will research it today.
**Review my cash buyer list looking for duplicates buyers and LLC
***Reviewed the 5 deals available now. All look worth of making a low offer. Need POF or partner or Transactional Funding Letter.

"As a wholesaler, your services will be even more highly valuedif you bring your investors solid deals in areas that are just starting to grow" - Dean P.45

Yesterday -

ACTION =
- Completed another area search on MLS for cash buyers. Got their addresses and ploted addresses on my map. Now have 35 names & addresses of cash buyers.
- Went back reviewed and double checked all completed homework/assignments on Page #1 (pages 1 -47 in the book) of Blueprint.
- Completed reading Day 6 - 10 Blue Print Page #2
- Completed highlights, notes and wrote out to do list and Homework assignments.
- Printed Power Letters
- Printed buyer profiles
- Viewed deangraziosi.com/specialmessage

*Loacated and walk through a REO that was on my 5 deals list.
** Read your link to buyers& sellers a click away

Yesterday -

ACTION =
Homework COMPLETED on page #2 (day 5 - 10) includes
1) - Mapped the homes purchased with cash in my area (this will be a continious process, perhaps weekly until I have many cash buyers buying now).
2) - Related the homes to the buyers names.
3) - Get the buyers address from County tax records (In Ga. I have access to them on realist.com, through MLS).
4) - Incomplete
5) - Incomplete
6) - Wrote my my standarded letter for new buyer prospects. Printed 35 copies.
7) - Incomplete
- Incomplete

*Bought 100 stamps for mailing
**Addressed, stamped and return address 35 envelopes (1 1/2 hours per 35).
***Checked list for duplicate buyers (none, so far).
****Walked 1 deal on my list
*****Started my proposal to partner on wholesaleing so I can write REO offers.
******Set apponintment with painter to get bids and determine cost to paint.
*******Reviewed remaining homework for this section, posted and read in DG.com

Yesterday -

ACTION =
Homework Completed
4) - Had Business Cards Printed
5) - Developed my Elevator Speech
7) - Mailed out 35 letters to cash buyers (I said a little prayer and put them in the mailbox).

- Incomplete

*Walked two REO's.
*Reviewed tasks and homework "To Do" list.
*Started search for multi family cash buyers list.

"Don't slow down now!" - Dean P.71

Yesterday -

ACTION =
Homework completed
8)- Found 3 Real estate Clubs/Groups

- Completed all homework assignments on the page #2 blueprint and DBL checked
- Completed reading Day 10 - Day 15 (Page #3 of the blueprint)
- Reviewed Homework assignments for this page.

*Put together a plan to be able to submit REO offers with a cash partner.
*Got the copy of Earnest Money Check and the Proof of Funds Letter.
*Walked 1 REO
*Got bids on 2 painting jobs. Also, can use as a templet on other properties.

"Don't get emotionally attached and fall in love with a property. You should always love the numbers and the profit potential more than the aspects of the property itself. Remember it's not personal, it's business!" Dean P. 87