OfflineSo today I sold my second deal. My first was just before Thanksgiving.
That's not bad considering that I'm effectively brand new to this. The Co-Wholesaling model is really working for me!
On this deal, I've made about $7k. Once the foreclosure is redeemed I'll know the exact amount.
I found this seller via a bandit sign. Actually both my sellers thus far came in on bandit signs and both were co-wholesale deals. This is a nice rambler in a good neighborhood, we had it for $105k but it was too high for most rehab buyers, so I started looking for buy and hold buyers. I talked about this property at the MN REIA meeting and had some interest, and one of my colleagues from there is the buyer.
She's also a fellow DGer! Such awesome folks we are!
Here's to taking action folks. This business isn't about how good or bad you are at sales, it's about advertising, responding to calls/emails and building your buyers list.
GOGOGOGOGOGOGOGOGOGOGO!!!!!!!!!!!!!
Nice job on the wholesaling job. I have done lots of deals but wholeselling is bar none the fastest way to cash out. Picked up a CC check saturday for 35k on a short sale wholesale...Try that one on for a title...bought it for 75k sold it for 110k with 35k down and I carried the loan at 6.5% which i am not ever counting here....NOW GO GET SOME
Not having a goal is worse than not setting one..
http://www.deangraziosi.com/real-estate-forums/investing-journals/92139/... -
http://www.deansmedia.com/play.php?vid=266