We purchased a distressed REO property in a good neighborhood that has an ARV of $130,000. Purchased for 75,000. Rehab was 20K. We put on the market with a realtor and within 1 day we had an offer on the property. The buyer had an inspection done and inspection said we needed a new roof. Ultimately we paid for the shingles to be torn off and put new shingles on. A few days before closing the buyers lost his job and they backed out of the contract. So…we put back on the market and 2 weeks later we had another offer and we accepted. By the time realtor fees and closing costs etc were taken out we still walked away with quick $11,000 profit!! Best looking house in a good Neighborhood!!!
On to the next one!
SEMPER FI
GET SOME!
way to go man. tearing it up out there in nebraska huh bud.... cool so whats next in the pipeline ?? jason stories like this are so inspiring keep it up man i wish you the best.
Jason!
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.
Keep the momentum going!!!!!
Love it!!
DG
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
Congrats and way to stick in there until closure on to the next!
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.~
Keepem coming...
Yes keep the momentum going! congrats!
Tony
Go faster do more! GFDM!
Keep up the good work!!!! Were you nervous at all?
Good job well done:)
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
"Each day do one thing to get you closer to your dreams because if you do today what others are not willing to do, then tomorrow you can do those things that others are only dreaming about doing!"- Joe Jurek
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Nice profit after paying realtor and closing costs!
Moving forward daily will get you to your goals!
"You become what you study" - RTK Rich Dad Poor Dad
http://bulkassets.com
Great job on quickly adapting to the Buyer backing out and the shingle R & R (Remove and Replace. I'm proud of you. I'll tell you my story sometime if you are interested.
Jason.....
Watch your thoughts, for they become words.
Watch your words, for they become actions.
Watch your actions, for they become habits.
Watch your habits, for they become character.
Watch your character, for it becomes your destiny.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Our Heart's Desire must be nurtured by our mind,to give birth to common sense, that will enable us to seek out the path less traveled, with the greatest Personal Growth. -J.R.-
yeah, keep posting about your upcoming deals in the making!
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/...
your deals. keep'em coming. congratulations again !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Great job! Now do it again!
Karen
"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!"
Great job.
They are a nightmare. Properties listed at full retail and a lot of stupid investors over bidding just to "win" the house. Banks want the "highest and best" and are hardly worth the effort. So I say congrats to you on your score, that's a great payday!!!
BRE #01956371
Great job! Keep the success stories coming!
Sew the seeds of Action Today,
To Reap the Harvest of Rewards Tomorrow.
Get It Done In 2015!
https://tvallc.isrefer.com/go/RehabLite/Adavis/
Congrats!! Jason
Hi Dean
Thanks again for helping others.
It's obvious to me that you must have made quite a lot of money. By now you're probably rich. Actually, you've probably been rich for some time now.
However, what makes you different is your true desire to help others.
You must be one of the RARE capitalists that feel you don't need to be the richest person in the cemetery.
Instead, it seems you have enough money by now to do anything you like. Including making more money, which you continue to do, but also it appears you are serious about helping others.
I wish I had a fraction of your energy, motivation and action.
It seems in today's world, that no one cares for anything other than money or themselves.
Friends seem unimportant and a thing of the past here today.
Money seems to make people happy these days and it makes the ones without it miserable.
The USA has changed considerably during the 20 years I was away living in heaven in New Zealand.
Upon returning in 2007 I have been nothing but miserable here in the USA.
I have put deals together that were great deals, only to flop because of someone else pulling out. Attempting to work with people based on lies happens a lot in the RE Industry it seems.
This can get anyone depressed after doing a lot of work for nothing and then looking like a fool for doing it.
Anyway, I'm looking at moving overseas again. My only obstacle is finding a Doctor where I move to.
Again, here in the USA, even the Medical Industry has taken a 180 degree turn around for the worse. Even finding and getting in to SEE a Doctor here is almost impossible.
Hopefully the next election will help change things for the better here in the USA.
BTW:
Although I do approve and admire most of what you do, I was very disappointed to hear when you and Tony Robbins went to China to sell US property!
In our current economical condition, I feel that move was a very greedy and un-patriotic one. I hope you and Tony were NOT successful on that gig.
Dean, please find something to help improve America with all the money and influence you have. Keep your feet on US soil and you head in US sand.
Thanks again for all you do to help others.
Cheers
Will Roach
Job well done!