Allen & Denise getting started!

Welcome to the DG Family and we wish you a lot of success with your REI journey.

Steve and Veronica.

Thank you very much!

Welcome Allen and Denise!
I see you had the pleasure of meeting Randy. He is unbelievable at what he does, you couldnt have gotten better training.You just have to accept the southern accent
Just work hard at it and give it 100% effort and you will make it happen.
Never EVER give up!!

Richie

No problem with the southern accent. But, his phone scared the crap out of me every time it went off. LOL

Thank you for the encouragement!

welcome! good to have you here. i understand the fear thing totally, but you just have to press in and do it. you will make it!! good luck on those 2 deals. i'm working on a couple myself right now and it took me a long time to get here.

Thanks! I love your breakdown of F E A R!

Welcome to the family, and good luck with those two deals.

This is what makes it all worth it. See now you are moving foward and not letting fear kick your a--. I am proud of both of you. use your resource's and keep kicking but'

Randy

Today was a bust! Both kids are home from school and nothing got done except a few phone calls and reading on the internet. But, we did get comps for our one deal and we are going to present it to our partner tonight. Cross your fingers that he goes for it and puts up the money. Think positive! Think positive!!!!!

Good luck on the presentation to your partner, As long as you keep taking action and doing your due dillegence you will succeed !! Take a step every day even if its a little one and don't look back.
Be confident when you speak to every one so they see that in you. If you seem unsure they will be too.
good luck

Never EVER give up!!

Richie

F E A R, is what we make of it, and, how we choose to handle it or let it handle us.

All this aside, welcome to the family and let us know how the presentation went!

The presentation didn't happen. We were pretty upset and bummed but, today we are ok with it. We waited for the guy to call us that he was home and when he did he said he really wants something he can rent and could we meet next week sometime. Ugh!

So, we have 2 deals that we worked on an no money to buy. We are trying to come up with something else. Allen is looking at a home in Trenton now and then meeting with a company that has lot's of investors. So, maybe we can get them interested in putting up the money.

If not, who knows. We'll figure something out. We're trying to keep positive.

AND we stayed up past midnight last night making bandit signs to put out all over. Thanks to Randy these signs should be much better then what we had.

sounds like you two are really off to a good start-keep up the momentum! Sometimes things won't work out the way we want them to, but that doesn't mean we give up, it means we try harder!

wishing you both great success,

valerie

Don't let the deals get away. f he wants rental property, Let Him have them. At least you can get a assignment fee of all them.

Randy

Sounds like you are off to a good start!

If you had Randy for three days, he certainly knows what he is doing so you are in good hands!

Keep you chins up and your attitudes there, too.

Look forward to hearing of many successes in your future.

Karen

Denise and Allen,

here's a great link from Jay for bandit signs.

http://www.deangraziosi.com/real-estate-forums/marketing-buyers-and-sell...

valerie

hi and congrats on your success im in the bayarea beginner i've had deans book
for over three weeks no money an unemployeed, i admit i'm lost i've read the
books an video's but guidence is needed i'm not asking for something for nothing i'm willing to share my profits as reimbersement for help thanks an i wish you all well.

Do you think creating a website is a good idea? I have a friend coming over on Friday to help us create one and I'm wondering if you really get alot of hits off of it.

Ok, craziness!!!

We have lots of calls coming in from people who want to lease to own. It's great but, it is also overwhelming. I contacted our real estate agent this morning to see if I sent her a list of what the people are looking for if she could help us find them homes.

I am also still trying to get funds for the house we found by the river. Our one private lender doesn't seem to want to do it. Even though it could bring in roughly an $80,000 profit. That would be $40,000 for us and $40,000 for him. HUH???? Sounds like a win win to me. Our wonderful realtor gave us a name of a bank guy who does creative financing. We are thinking that maybe we could use my 401K to pay for the house and then take money out of the equity to pay for the repairs. We'll see if he can come up with something for us. Otherwise we'll just present this to one of the people who have been contacting us and see if we can do an assignment. The house is in a great place. 2 blocks from the river and the yacht club.

10 minutes from Seaside where they can maybe get a glimpse of Snooki in the summer!!!! Hahahaha

Don't forget about the mortgage broker we talked to at the bank. He is very creative.

Randy

Hey Randy! We didn't forget. Maybe between the 2 of them they can figure out something for us.

On another note we just got a call from a little old lady in a trailer who needs the trailer sold now because she is going into assisted living. Allen is over there now taking a look at it.

you might be able to change your 401(k) over to a real self-directed IRA and use it to invest. the company most of my friends use is Equity Trust in Ohio and they are very good. one of the investors i spent time with last weekend said they are so good to work with. i can give you the name of someone to talk to if you are interested.

i love L/O's and i think it's great you are getting so many leads.

Ok, tomorrow Allen is going to look at a property that has a fixer upper on it. But, it also has 4 possibly buildable lots with it. The owner won't take less then $135,000. Right after he views it he is going to hit the town hall to find out whatever he can about them. We are hoping that maybe he will do owner financing with us and we can get a lease to own in the house and then build new houses on the 4 lots. Anyone have any tips on this? This is the first time we are going to try buying a property that we can hopefully split up.

Just wanted to wish you the best of luck. Im still in the beginning phases too, and it can be scary. If you spend enough time on this site, youll see that even the people w superstar status were posting and worrying about the same things when they started, and now theyre very successful. That gives me hope. Again, best of luck to you both.

Hi Guys:
As a former Jerseyite myself (I came from the Long Branch/ Asbury Park area) I always like to hear when my fellow statesmen( and stateswomen) succeed. I am in Florida now for many years and know the fear and frustration you guys are going through. I'm going through it myself. People down here tend to be talkers. For every step forward I take, I seem to get 2 steps behind. But I am persistent and so should you be too. It will all work out in the end. It must be true because many of our fellow DGers made it work.

Best of luck,

Andy
AndyS

Always looking up!

Bummer! The house with the lots was a bust. You have to own 4 lots to put a house on it. So, basically there is only 2 houses allowed on the 8 lots. The house that is there is such a dump. The owner wants $135,000 and won't come down on the price. So, that deal is gone. It's not worth anything when we crunch the numbers.

Back to the drawing board!

Just realized I haven't posted in a while. It's been slow going. Been a little depressed about it. Our first deal is still not done. I think we have been going in too many directions at once instead of just concentrating on one. As Randy says, KISS. Keep it simple STUPID!!! I just can't get that twang out of my head. Haha

So, yesterday my husband met a woman who wants to get rid of 3 rentals. They are tired of being landlords and want to get out. She wants to sell the one house but, is willing to do a lease to own on the other 2. We are going to work up some numbers on all 3 houses and see if one of our 3 buyers will go for the house she wants to sell. It needs work but, it is 1 block from the river and there is a yacht club right there with boat slips. Big plus!! Then maybe we can do a lease to own on the other 2 for 18 months for a great price and then find a buyer for them. I hope that's the way to do it. LOL It's been a little confusing lately figuring things out.

We also got a call from a woman wanting a house no more then a couple of blocks from the beach. She only wants to pay $399.900. That is going to be hard to fill because she doesn't want a fixer upper and she wants 4 bedrooms and 2 baths. I think that one is going to be a waste of our time but, my husband wants to make the effort. We'll see.

Gotta go!

You have the tools, Like you said in a early post. Stay focus and use the success acamandy. You are so close. after the first one it will get easy. GOOD LUCK MY FREINDS.

Randy

The Edge this past weekend was awesome! We learned soooo many new tips from the experts. Dawn, Matt, Greg, Randy, Joe, Carol and of course Dean really helped us with some tools to move forward. We have been a little stuck lately and now we are raring to GO!!! It doesn't hurt that a certain someone made it known, in front of everyone, that by next year's Edge we better have deals done because we were his first mentor couple. Hmmmm....

Anyway, the new kick in the A$$ has motivated us again and we promise to have a weekly goal list to have accomplished every Friday. This week the #1 priority is to get new bandit signs out.

3 bed/2bath
Owner DESPERATE!!!

Key word Desperate!!!

Thanks again everyone!

Hello Randy,

My husband and I are fairly new to the REI...However we have locked up a
contract...and today being day 11 of it a little shaky...End buyer changed his mind on the location...Any how I was reading some of the blogs and was wondering what a normal or flat fee was for an assignment of contract..Any info would be appreciated.
Thank You, Robert & Michelle