Deals, Deals, and More Deals

Your ship is safe in the harbor, but it wasn't made for the harbor.

I'm gonna use this, taped to the steering wheel of my car this week, off to look at 12 properties today.
Thanks for taking the time to tell your story, totally motivational.

Always was an inspiration when I got started, and you will remain an inspiration to me. You have done well and much to be thankful for....Jan

I truly value the man that you are and the passion you have for success. You are an inspiration to me as well. I will see you at the top! I gain a lot from reading your post.

Wayne

Thanks for still posting.You still choose to help us out with the motivation you have.
Jason Smith
San Diego

Good Stuff!

Thanks for the Extremely inspirational story and making us all realize over and over and over again that this can be done with persistence, hard work, and determination!!! Congratulations and I sure hope I am sharing some super deals and stories just like yours!

Jennifer

This kind of story will definately drive me this year. I have to do it this time. No more excuses!!!

Fijiwater

Thanks for your post CBR, please keep us updated on January's deals. Have you done any virtual wholesaling? If so - can you tell us about a deal you have done, and what steps you took to make it happen?

Joe

No I haven't done any virtual investing. Maybe sometime in the future I will try it. Right now I have my hands full with "reality investing"!

Thanks for the positive feedback everyone. I am glad my story has a positive impact on people.

Congrats on all your success. I wonder if you would be willing to share how you are finding all these properties?

You are doing an amazing job finding and sealing all these deals. You amaze me and are very inspiring.
I too am wondering how you find all these properties?

I find bunches of houses for really cheap prices but my investors are not wanting to pay over 50% of the appraised value now. So I have to try and get them for 65% of appraised value so I can make a little profit myself.
It is really hard to find houses at 65% below.

They tell me that they can find houses all day for under $10,000 nowdays since real estate has took such a hard hit. There are many houses too that are $5000 and some below but they are so vandalized no one wants to rehab that much. It really has to be a deal for me to do any good.

How are you able to find all these great deals?

Im confused by this. If your investors will only pay 50K for a 100K house.. how do you make money by buying it at 65K??

CBR, you are an inspiration with your phenomenal success.
May you continue to find success, and may you continue to share your inspiration. May this success that you have found make you a better man, and may you use it in such a way to bring you "true" and "lasting" happiness & satisfaction.

Hello confused
Just go back and re-read sistreat's posting.
You would have realised, if you didn't read it so quickly, she is talking %'s not K's
and now it makes sense yes?

AngelaK wrote:

Hello confused
Just go back and re-read sistreat's posting.
You would have realised, if you didn't read it so quickly, she is talking %'s not K's
and now it makes sense yes?

No.. it doesnt. I realize that she is talking about %- I was just using some example numbers since I have no idea what price range she is working in. But she is still talking about buying at a price ABOVE what her buyers want to pay.

I think she meant 65% off, not 65% of
(judging from the next sentence)

Sorry, obviously I read it too quickly.

Thank you for propelling me to move forward and challenge myself. I am prepared to work hard. I had the interest a year ago when I bought Deans book. The seed was planted then, now I need to water!

Thanks. That makes sense . I could indeed see where having to buy at 35% of FMV would be a problem.

cbrpower - wow, I must say, the deals that you have done and the deal you have on your new home is truly amazing and inspirational. I have dreams of early retirement as well! I want to be retired and financially free by the time I am 30 and/or no later than 35. I've always dreamed of taking care of my family and having a net worth of $10 million+. Today, I had got bummed out because of some personal stuff that happened to me and I let it affect me. I had decided not to do anything to further myself along my journey to accomplishing my goals, but just reading your post, for reason ignited a renewed spark of enthusiasm and belief that I too can be where you are at! Thanks for your post! It truly is inspirational!

Thanks,

The Copy Ninja!

That is about all i can say, i can only hope i am where you are in 3 years. AWSOME job CB.

I have a top secret, leading edge, proprietary system that allows me to locate deals at 50% below value on a regular basis. I would love to tell you guys how I continue find these killer deals, but then it wouldn't be a secret anymore!

or I could just tell you the truth!

1. Multiple Listing Service (MLS)

2. An ad I run in the newspaper

3. Word of mouth

I have a huge abundance mentality. I expect abundance and that is why I always find great deals.

Some people say seeing is believing. I think they have it backwards.

I BELIEVE IT AND THEN I SEE IT!

Great story and congratulations on all the success. I do not think that you will really enjoy the 5000 sqft mansion. It may make you feel complacement. I am currently in a 3300 sqft lake home and I am bored with it. For some reason I think I would rather live cheaply in this economy and help out others more.

LOL! I am sorry about the confusion. Rina is right...I did mean 65% off.
I have been up too many hours at the hospital (for over a week) with a 24 year nephew who has been near death since he decided to go out drinking and driving. He crashed and flipped his SUV at 100 MPH.
I am just not at myself for the past week.

It is really hard to find houses (for example) that appraise at $100,000 and buy them for $35,000...then resell to my investors at $50,000. I hope that makes more sense.

I think I need to get my MLS like Matt has. It will cost about $500 to get it started but will be worth it.

I'm so sorry to hear about your nephew. We will keep you all in our prayers.

I don't know if CBR meant HE subscribes to the MLS. I'm thinking he may have just meant props that are "listed" on the MLS, through a realtor. Hopefully he'll correct me if I'm wrong.

I wish you well on the house-hunting, sister.

Rina

You've worked very hard to get where you're at, and you deserve the rewards of it. And I know you haven't been selfish with what you've been blessed with.
Also, you have your "bachelor pad" mansion to enjoy now, but it sounds like a beautiful place for a family, too, for in the future.
So congrats on all your deals, and on your new home. You deserve ALL the good things in life. And thank you again for always sharing with us.
We DO appreciate you.

Rina

Thanks Rina, Sistreat, jason, billhowardjr, mark,driven76, kbarnes,AngelaK,Kristy,joepthebeat, Greg Merrill, Wayne, Jennifer, Tropical, Jason Smith, and Jan.

This site is great because of people like you guys. If you ever have a bad day all you have to do is come to deangraziosi.com and post that you are having a bad day and somebody will help pick you up, dust you off, and get you going again. That is why this site is great.

I post some of my deals to inspire people to act. I'm not the smartest guy on this site but, I try to learn and grow every day. I push myself very hard and I realize my time on earth is limited.

Most people don't realize how close they are to success when they quit. Had they just pushed for one more day, just one more day, they would have had success. Never quit! I used to tell myself this all the time when I first started in real estate--I'm not that smart and I admit that, I don't have any money and I admit that, and I don't have any idea what I am doing and admit that---but I will never, never give up! You can knock me down and hurt me real bad but, I will still get back up--everytime! Never Quit! I used to always tell myself when I was putting in offers and I was competing for houses where the other investors were cash buyers and I wasn't, I would say "He might have more money than me,but he won't out work me-I'll get the next one".

You show me a very determined person and I will show you a very dangerous individual. Success is not determined by genius, but rather by determination. Get it done!

"I have been up too many hours at the hospital (for over a week) with a 24 year nephew who has been near death since he decided to go out drinking and driving. He crashed and flipped his SUV at 100 MPH.
I am just not at myself for the past week."

Prayers, hugs, and all good things for your nephew. I have a sick child and the prayers and good wishes that I received in the past year have kept her with me and have kept me sane! Happy to pass on the gift of support.

You think that you are not smart:

Your last posting (#27) has these messages:

"I'm not that smart and I admit that"
"I'm not that smart and I admit that"
"I don't have any idea what I am doing and admit that"

You are one of the bravest people I have ever encountered!
Doing is smart.
Acting is smart.
Achieving is smart.
To most of us, you are a genius, our goal is to be like you!
Hey, if the meeting with Dean in April thing doesn't work out for any reason, you need to know that we would all like to get together in your "ultimate bachelor pad" and ask you a million questions about how how successful you have become! Keep posting your success stories, we live for them! You are a hero to us!

CBRPOWER you should be proud of yourself. You accomplished what we are still trying to accomplish. You have a burning desire and a definitive purpose that helps you to excel. Keep up the excellent work.