OfflineDecember 20th, 2012 | posted by ogaines
I have been a member for a few years and always came away from this site a little hungry for the success but also a little down.
I would read of the success everyone was getting and couldn't figure out why it wasn't happening for me. I did a deal in 2009 for 4k and NOTHING since! Was I applying the techniques wrong? No I would almost get a deal to settlement many times, but one thing or another would happen and the deal would cave in.
Not this time baby! I was approached by someone who knew I was an investor about a property they had inherited and didn't want. There was about 3600 in back taxes owed; 3 heirs(two of which had dreams of making millions with this house) but it was owned free and clear.
From TotalView, I learned that the house was worth about 110k in good condition. A walkthru showed me that there was no structural damage, just clutter! It needed about 25k in paint, carpet, windows and landscaping to get it up to speed! I began to get excited as I approached the seller to negotiate a price. We finally settled on 30k because she just wanted the headache to go away!!
I started marketing in CL asking 45k, but not really expecting it. But Dean's books taught me that the numbers were tight so I stuck with it. After 2 days, I had a cash buyer who counter-offerd 41K!!!!!!!
Of course I said YES!! And settlement was yesterday! I made $11,000 with $10.00 out of pocket! After all this time, wanting to quit, thinking this wasn't for me and continuing to go for it anyway, it finally paid off.
Dean, thank you for your wisdom and your passion and never giving up on any of us! It's always us that give up. I'm now trying to duplicate this. I don't know if that will happen. In Philly deals like that don't drop in your lap everyday. But I ain't stopping now!!!!!!!!!
I love my DG Family. Christamas will be swwweeeetttt this year! THANK YOU DEAN AND FAMILY!! MERRY XMAS!!!
"Only those who can see the invisible can accomplish the impossible"
Patrick Snow
"Instead of using your words to describe your situation, use your words to change your situation" Joel Osteen
Ogal,
Woot!!!
http://freedomstrategiesunlimited.usapropertywholesale.com
Way to stick with it and a BIG FAT Congrats to you!
NEVER EVER GIVE UP means just that! You're only just beginning!
Merry Christmas
John
Quitters NEVER win - Winners NEVER quit!
"P.U.S.H. = Persevere Until Something Happens" Dean
“Opportunity is missed by most people because it is dressed in overalls and looks like work.” Thomas A. Edison
Check out my Road to Redemption journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/88171/...
www.windfall-properties.com
Ogal,
Congrats,Merry Xmas,and keep on rollin! All the best Chuck.
Congrats Ogal! Way to hang in there until the end
Wishing you many more a Happy Holiday season!
Lenee
www.allstarhouses.com
~Act successful! And you'll draw it to you.~
~Every achievement, big or small, begins in your mind. It starts as a thought.~
Congratulations, Ogal and Merry Christmas!
The FIRST deal is the most important one (again).
Glad you got your name out there!
A very nice Christmas "gift!"
Happy Prospering! ~Kat, Liberty Residential Investment Acquisitions
• "To every thing there is a season, & a time to every purpose..." ~Ecclesiastes 3:1-8
• "Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy!" ~Dale Carnegie
• "Begin, be bold, and venture to be wise." ~Horace
• "Never, never, never give up." ~Winston Churchill
• "Whatever you do, or dream you can, begin it. Boldness has genius and power and magic in it." ~Johann Wolfgang von Goethe
ou need to do the superbowl victory dance in the kitchen right about now...Trust me it gets much better the more you do. I closed on two short sale wholesales this month to the tune of 60k. So dream the dream baby it works..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
I am so happy to hear this!
I know in the last few years you have come and gone on here and I was always happy when I saw you reappear!
You have got to make sure that you get your diamond! You have earned it! When I finally got a deal I sent a personal email to Jeremy to make sure I got mine right away! You should have gotten yours back in 2009!
I don't think I even have to say, "Keep up the good work!" There's no stopping you now!
Merry Christmas, my friend!
Karen
(PS, I posted this on your blog also but then I saw that everyone was posting here.)
"You're never too old to be what you were meant to be!"
www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...
"Shining Like a Star & Dancing on Sunshine"
"Shoot for the moon! Even if you fall short, you'll still land among the stars!"
And your persistence paid off. Thanks for sharing your story!
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
Ogal, what an encouraging story!!! I definitely needed that, I'm running full speed to get my first deal! Thanks for the extra motivation! God bless you and your family much more!
_____________________________________________________
"You need to be moving if you want God to show you which way to go."
Joyce Meyer
"Its what in your head that determines how much money is in your hands."
Robert Kyosaki
CONGRATS and KEEP LIVING your advice!!
anita Page
You rock! congratulations! you definitely deserve all of it! thank you thank you!!
I Exist. I Am That I Am. I Know That I Know.
Way to hang in there & make it happen! You setup a very nice Xmas for your family this year. I'm extremely glad to hear your story. Yours, like so many stories here of triumph & success, motivate & inspire me to keep going for my first deal. Thanks for telling it here.
I dig your Seller Sign (picture). Curious as to how well it works for you. Do you get a lot of action from them? I got hip to hand-written cardboard box signs for buyers via a YouTube video. This wholesaler even ripped the cardboard instead of cutting neatly with a blade. The idea was that buyers will instantly think you're way too broke to buy shop printed signs, thus very motivated to sell.
I bought 100 "I Buy Houses" shop prints nearly 2 months ago, and have gotten about 20 calls from other investors, and only 2 so far from actual sellers. Paid over $100 for them ~ no R.O.I. yet. Will do again in other locations.
Now I have cardboard box blanks cut & ready for action, originally intended for buyers, but decided it couldn't hurt to try a few for sellers too. Just getting the word out worked for you this time. I was doing that with business cards, and got nothing, to the point that I'm too embarrassed to talk about it anymore. Just want to walk the walk now. Now my thousands of cards, with a cash referral fee message on back, are intended for pizza & other delivery folks.
I'm saying all this to advise you not only to keep it going, but to remind you that not all techniques work everywhere for everybody all the time. The more you have going on, the more you will have going on. Do what's comfortable for you, and mix it up as often & as much as you can.
Like I said, I'm extremely glad to hear your story, so I'm taking DGer's, yours & my own advice, and working more & more to put it all into play, so that one day soon, I can be like you & the rest of the successful DG family.
Happy Holidays to you all, and do have a prosperous New Year!!!
Having witnessed your struggle and admired your persistence - this is a happy moment - a great Christmas indeed. Keep marching forward. You are inspiring many and proving you can change your life!
Blessings & Favor,
Gena.
Follow my Blog: www.genahoriatis.com
I can do all things through Christ who strengthens me. Phil 4:13
Psalm 1:1-3
What a way to end out the year! So happy for you. I know what it's like to have such a long time between deals but if this has taught you and us DGers anything it should be that you never know what can happen so you must stay IN THE GAME. Keep letting people know what you do so they know where to find you when they need you.
I'm sure that this year you will have a MERRY CHRISTMAS!
Congrats again,
Andy Sager
DG's AndyS
CFIC and IE member
Andy Sager
DG's AndyS
CFIC & IE member
2013, 2014, 2015 & 2016 EDGE Alumni
What a great deal, and what better time for you to make it happen than right before Christmas! I'm sure it will make your holidays a lot sweeter!
Keep up the good work! and keep posting!! Everyone here loves to hear success stories!
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
DON'T spend it all in ONE place
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
Congrats on your deal! Good to hear people on the east coast are making it happen. I'd love to get connect with you and exchange contact information so we can keep those deals happening. I have some cash buyers that are ready.
A well deserved Merry Christmas!!!
Great job, Ogal! I know how you're feeling, because I closed on my first wholesale deal this week too. I had been waiting for 8 months, and presumed it to be dead, but it resurrected on Monday of this week & I got my check on Tuesday! It IS a great feeling! I'm really proud of you for hanging in there & getting another one after such a long dry spell. I'll bet the next one will happen a lot quicker. Merry Christmas!
Did you get it under contract and then submit it to a title company? If so, did they do a title search? Did you have to put down an earnest deposit? I'd just like some details so I know what steps to take.
Permian Basin Properties
www.PermianBasinBargainHouses.com
www.PermianBasinHomeBuyer.com
Where there's a will, there's a way!
Wow, this deal just fell in your lap. Give us more info, how long did it take from start to finish? Did u assign ur contract to the buyer? Will u use some of ur profits to do marketing to bring in more deals?
Rando
I'm so glad it worked out for you. You never give up but kept on pushing for the best and it finally came true for you. What a great Christmas gift to you and your family
http://www.facebook.com/EllenDaisysunlee
Great job now on to the next one! What a great way to start 2013!!
Fantastic news! Keep on going always remember "dean's realm of positive thinking." Gloria
Congrats and Happy Holidays to you. Great job.
Roy Voeks
Official RE Coach
Congrats! Way to stay with it. Very encouraging. Awesome spring board into the new year.
Networking and never giving up pays off. I wish you great success. I love hearing about deals that are waaaaaayyyyy over due.
To get something you've NEVER HAD
DO something you've NEVER DONE.
Thank you to everyone for all the words of encouragement. DGers are wonderful that way. To those of you asking how I did it. All I did was follow the steps in Dean's books! Really!! Like he says on the blogs, "Don't re-invent the wheel." My out of pocket expense was $10 to make the transaction legal. To attract buyers I did a video walk-through, posted it on youtube and put a link to the video in my ad on Craigslist. The buyers came out of the woodwork!! Now nothing chages. A percentage goes back into marketing. Wifey has already gotten her gift. The rest will be held in account as I attempt to gain enough capital to acquire my own rental properties. But one thing is for sure...I CANNOT ever go back to doubting that this works!
"Only those who can see the invisible can accomplish the impossible"
Patrick Snow
"Instead of using your words to describe your situation, use your words to change your situation" Joel Osteen
Persistence paid off. Way to go.
Lori
www.cthillproperties.com
this alone in my life is very inspirational... right behind you chasing the same dreams.