OfflineIt's better to have a PIECE of the pie than NO PIE AT ALL:))
What I mean is sometimes we think a deal is dead in the water but we are in control of every deal by the decisions we make. We make a deal or we crush a deal. The questions we ask ourselves when at the end of a negotiation determines the outcome.
Mobile home story. ------!my son and I negotiated a buy of three mobile homes on 4 acres. We were in the process of remodeling so we could sell. But decided to sell it rent to own for a great deal so we didn't have to spend time and money. We targeted buy-and-hold investors via craigslist and our local Free Trader ,bandit signs and miniature bandit signs on bulletin boards plastered everywhere in our local target area. After many calls and many showings and building a buyers list via our marketing we finally had a deal with an investor. The deal was 10,000 down for 39,000 with 8% interest. We signed one very important document with them. That document was a non-refundable down payment of $500. Now I recommend trying to get at least 1000 down NONREFUNDABLE BUT 500 worked in this case. One day before the closing they called to back out of the deal. I asked why and they told me the neighbors told them that there was a problem with the well and so they decided to back out. I immediately asked what neighbor said this so I could go straight to the source and find out any info that I may not have known about. They would not tell me so I called the code officer for this property myself and asked if there was anything that could be a problem with the water or anything else that would have been documented for this property. The property came up clean and I immediately called back the potential buyer to let them know What I had found out. The neighbor specifically told them that the code officer wrote this up about the property. So after confirming with the potential buyer and the code officer we straightened this mess out. It was just hearsay and the neighbors apparently didn't want these buyers to buy I guess. A lesson learned here is don't believe everything you hear and as an investor trust but verify everything. The buyer then said they still did not want the property so I continued the negotiation even though I could have stopped there and lost the deal. I asked MYSELF the RIGHT questions and even wrote them down on paper ......how can I make this deal happen no matter what. ?? Once I wrote this question down on my yellow pad , my mind began to come up with the answers that I also wrote down even though some of them may not have been the best answers. Next I picked the best one of my answers and went with it , which was to ask them what it would take for them to buy this and what was the price that they would by NOW and go through with the closing. Them answering this mADE THEM think that there was no way I would sell at the price they would suggest. In my mind and my goal on paper was to SELL and make a deal for a profit no matter what ......and they said you will not like our answer. I said what is it and they said $20,000. Which was almost $20,000 less than the asking price. Keep in mind I bought for 13,000 or partnered with my son for 13,000 which means 6500 each. I said let's take this to closing tomorrow and I am giving you a super super deal let's make it happen !!!!!
Lesson 1-ask the right questions and your mind will create the answers for you
Lesson 2-if you have to take a small piece of the pie as opposed to none of the pie do it in an instant !!!
Trust your learning journey !!
Jay n justin
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Wow! What a story! Congrats on hanging on like a bulldog!
Karen
"You're never too old to be what you were meant to be!"
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"Shining Like a Star & Dancing on Sunshine"
"Shoot for the moon! Even if you fall short, you'll still land among the stars!"
You couldn't have said it any much better. I love the way you focused on the solution instead of the problem. Thanks for sharing such a great motivational post!
Goodluck in your investing
TC
Miami Florida
"If you are not doing something that help the universe or God or your family, or YOU, is that something you should still be doing?"-Dean Graziosi
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That's great you were able to
make it work by keeping your mind open
to questioning the roadblocks, and then
moving forward around them.
If you would have shut your mind down
you never would have got anywhere.
Instead you kept searching,
looked for answers, and
stayed open to a solution...
WHICH YOU FOUND!!!
Great job.
"'Come, follow me,' Jesus said, 'and I will make you fishers of men.'" -Matthew 4:19
It's obvious that you weren't gonna let this deal slip through your hands! Way to look for a solution to your obstacle!
Congrats to you and Justin!
Val
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
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I love this story!
Believing is receiving!
*learning how to ask the right questions..my food for thought today...
Denise C
Only GOD can turn a Mess into a Message, a Test into a Testimony, and TRIal into a TRIumph, a VICTim into a VICTory. So on this day DG Family Smile! Don't give anyone the victory to steal your Joy! They didn't give it to you and they can't take it away from you unless you allow them too!
From a Ms. Martin, Lisa M. a friend from KAF 2011
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Thanks!!!!! Starting to get CRAZY momentum !!!! It just gets easier to create the more n more deals you do. Even just ONE deal gives you multiple lessons and CONFIDENCE to keep going immediately.
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Way to go J & J...thanks for the lesson...SeattleDan
Dan in Seattle..
Some of the experiences of different deals are amazing and very unique !! It awesome to be able to share and learn many lessons at same time. Stay motivated and do not let up on your investing !!
Jay
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Yessir !! Always going to be obstacles so we need to make it a HABIT of crushing those with a new mindset of ....... QUESTIONS we ask ourselves on HOW TO go over around or through them !! Let's challenge each other to start making it our Dailey goal to break through ANY obstacle in ANY situation !!
Jay
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When your goal is to make a deal no matter what and persist until the solution is made then there is no way you will fail unless you give up and we all know that anyone on this site has the knowledge and network to help them through any deal !! It is just amazing how well we get programmed to succeed here on Dg and the depth of information sharing for free right here !!! This is what motivates me to go after deals and learn more so I can share more. I believe all of us share a common goal of succeeding no matter what !!!! Thanks for your encouragement and all that YOU share !!!!
Jay
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Awesome job and example of never giving up! All that drama sounds like it could be one of my deals. lol!
"A little bit of love is better than no love"; right Jay?
Keep 'em comin'!!!!
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
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www.windfall-properties.com
No kidding !! Thanks , I swear if I EVER get a smooth straight deal I will not know what to do with it !!!! I don't know why but EVERY deal is Twisting turning learning experience. I am grateful for the lessons but will be even more grateful for the easy ones that MUST BE on the horizon
) got to keep CRANKING and never letting up !!! 
))
Jay
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Keep it going buddy!
To get something you've NEVER HAD
DO something you've NEVER DONE.
See jay, when you are determined then the universe can not stop you, great job on figuring out a solution to a problem. I'm glad to hear that your son is getting involved into real estate. No doubt he will be a great force. We should talk sometime sir
Great Story, Way To Hang In There Jay
Awesome Job Jay!!
I Thought My Deals Had Lots of Drama & Obstacles LOL
We have to just overcome the obstacles, Never Give Up
& Make it A Win-Win-Win For Everyone
Thanks For Sharing,
To Our Success !!
Darren
Jay that is fantastic!!! The notepad always works:) I love that method especially in those situations.
with gratitude,
When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.
www.virtue-investments.com
Great story Jay and Justin. I agree, so many times we think we have to go for the homerun when most of the time it's a series of base hits that win games. This is a great example of a solid hit.
And, what you say about asking yourself the right question is right on. Every person engages in "Self-talk." We all talk to ourselves and tell ourselves why either one thing or another will or won't work. In cases like this I suggest we do just what you did in this case. Ask better questions. Usually, a different question will get better results.
Again, congratulations on your deal and things for sharing it.
Chris
"Faith is the eternal elixir which gives life, power, and action to the impulse of thought.
"Faith is the starting point of all accumulation of riches!"
- Napoleon Hill, Think and Grow Rich
Denise!! Dan !!! And j !!! Thanks for checking out my deal. Am stoked for this month. It g
He's been a hurricane for sure. Deals are CRANKIN and I' m not stopping !!
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Appreciate you both stopping in to congratulate. Yes Irvin you know it , determination is KEY and we all need to improve on not just being determined but Stayin determined. The secret is to practice and practice being, living and learning determination. Strive hard to be the best we can be and things will fall into place. I love it to be doing deals with my son !!!! Thanks Irvin !!
Darren, glad you stopped in to give me a shout. Thanks for your great comments and yes when we make it win wins and solution ice the problems we are in a higher bracket right out of the gate !! Stay tuned for some more action because I am just Startin the fire
)
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I agree a little bit of something is better than a whole lot of nuthin
see you at the edge buddy
Tony
Go faster do more! GFDM!
There you go...it goes to show that our program does work... Just keep pushing forward and any of you will be able to be successful too. Lately I've been working pretty close to a few clients, and it is crazy how many deals you can find out there, all you need to do, its keep looking and you'll find what you're looking for, that could be properties or buyers.
Congrats once again...!!!
The yellow pad is definitely a winner and Dean drove that home for us !! It sure is a good feeling of accomplishment to see all those lists crossed off at the end of the day !! First starting out you have a half of page and then a full-page and then you have multiple pages in one day and think wow how could I have done all this !! What a CONFIDENCE BUILDER !!
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
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Thanks coach !! Yes I LUV all the base hits I get because they are teachers in every case.
Even if I make 500-1000 on a deal there is ALWAYS some lessons and experience to be gained !!
You are correct in saying base hits add up and these are what will win the game if they are consistent.
Jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
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Thanks Tony !! It was great to see and talk to you at the edge !!!
Appreciate your support !!!!
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
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