Deal # 4 - How Dean Graziosi helped us buy, free and clear, a small commercial property for less than $2,000 in May 2009!

Hi Joe,

Congratulations on deal #4. I had a thought the other day about commercial properties since there are so many now. It's great to hear about someone succeeding with it. Joe you continue to amaze me. Your such a great inspiration to me on this life changing journey! Being motivated is greatly needed on this road. Looking foward to sharing my own success stories with you in the near future. Always the best for you and your family...........Lubertha

Thanks for the reply and your positive comments, I really appreciate it! It shows that hard work and persistence can pay off. Sometimes I feel like a kid again walking 3 miles to school in a blizzard of snow that is 2 feet deep (actually school was 2 blocks from my home) The journey can be long, but so gratifying once you find a deal. Congratualtions to you for really committing to make a difference in your life. You too can do this and I can not wait to hear all the details on your next deal. Thanks for being a part of the daily coversations. Good luck on all your deals. I wish the best to your and your family. I am sure your family is proud of you and that you are making an impression as a real estate investor. Believe and Achieve! - Joe

It's CHRISTMAS IN JUNE!!!!!!!!!!!

Thanks for the reply. Also, congratulations on making the DG Top User List. You have really been an inspiration for others and are that much closer to making your dream a reality. Yes, it is Christmas in June, just so the snow stays away until December (lol) Good luck on all your deals. Believe and Achieve! - Joe

Keep up the good work guys!!!

Your doing it, your really doing it!!

God Bless!!

Thanks for the congrats and positive remarks. It feels like a dream, I can not believe it is happening and I am so excited to keep going. I hope that others will believe in Dean's techniques and believe in themselves and take action and find the deals. They are out there, just believe and you will find them. Sometimes it takes effort and work, but when they happen it is a great feeling. Good luck on all you deals, as well. I know you can do it too and I hope to read about your next deal soon. Believe and Achieve! - Joe

I'm in awe!!! Congratulations on your 4th deal, how cool is that?
Keep up the good work, you'll be a MILLIONAIRE in no time!!!

Dawn

Thanks for the congrats and positive remarks. It is Dean's book and the members on the DG website that give us confidence to keep moving forward. My goal is financial freedom (free from the day job) anything beyond that would be gravy. Thanks again and good luck on all you deals! Believe and Achieve! - Joe

Yes indeed! Those are the best deals that comes once a year, but the beauty of it, if they property owner doesn't redeem within redemption preiod, you could own that piece of property for pennies on the dollar. I've bought two properties last month at the tax sale, but now, i'm tracking down the property owner to do a quit claim of the deed and transfer the title over to me without waiting for three years redemption. I bought five last year, and three have been redeemed and i still owne two right now. By next year, i will own these two properties free and clear. With tax sale, you will get your money either way. If the property owners redeemed the propeties, not only you get your money, but you also get paid for the interests incurred, cool huh. Good luck and remember "Faith without Work is Dead" now go out there and close another deal.

Lloyd

Thanks for the email and the input. Congratulations on buying your tax certificates and it sounds like those 2 properties will work nicely for you. The good thing about this tax sale was it was a quicker holding time process. The holding period for redemption I believe was less than 100 days, which made it even more appealing to us. The weird thing is the county mails out the tax deeds one at a time. We hope to be getting a few more in the mail in the next week or so. This tax sale process was very interesting and exciting to us and I am grateful I learned from Dean how it worked. Thanks again and good luck on all you deals! Believe and Achieve! - Joe

I'm a teenager with only 2 grand, where can I do a deal like that?

There are good deals everywhere. The key is to learn as much information you can about real estate and then you will be able to apply the knowledge. Knowledge is power. Read Dean's new book and it is filled with various great ideas on how to make money in real estate. Once you start, the first deal may take you the longest but it will get easier from there. Good luck. Believe and Achieve! - Joe

Lloyd,

I'm new to this community, just joined minutes ago after being on/off this site several times today. You are giving a great gold "nugget" here as well as motivation/inspiration. Thank You AND wishing you much $ucce$$!!!

"Don't wait for your ship to come in....swim out to it!"

SirJohn
<><

Welcome to the DG Family ! We are glad you are with us and you will have lots of fun with this organization. God Bless You ! Wish You Much Success !!

Paul T. La Moy
Hudson Valley , N.Y.

Welcome to the DG Family ! We are glad you are with us and you will have lots of fun with this organization. God Bless You ! Wish You Much Success !!

Paul T. La Moy
Hudson Valley , N.Y.

Welcome to the DG Family ! We are glad you are with us and you will have lots of fun with this organization. God Bless You ! Wish You Much Success !!

Paul T. La Moy
Hudson Valley , N.Y.

I dont know how I posted 3 times !! Blushing
Sorry about that

Paul

Welcome to this life changing event. This by all means is the greatest support system out there. Look foward to hearing many success stories on your part. Stay focused! Much success...........Lubertha

Hi Paul,

This seems to happen when you hit the post button and yo think that it is not reponding the first time. So you hit the button to post again. It's just that it sometimes takes a minute for it to post. Then it will post all the other times you clicked it. Hope this helps! Continued success.....Lubertha

Lubertha,

Thanks and now I know and I realized what I did last night. Hopefully, it wont do it again. You have a great day and much success with your projects !

God Bless

Paul T. La Moy
Hudson Valley, N.Y.

PS Let's see if it will go thru the first time ! LOL

Welcome to the family. Feel free to ask any questions you may have about investing and in this case tax sale. This fourm is by far the best and thanks to Dean for provding such a fourm to share ideas and experience about making your goals becoming a reality. Good luck and remember, "Faith without Work is dead! Now go close a deal!

Lloyd

Thanks for the congrats and reply. I wish you much sucess with your real estate investing. The DG website has a wealth of information, knowledge and great members. Believe and Achieve! - Joe

Thanks for the follow-up comments. It is great to have the new members take part and jump into the threads of conversation. Good luck with you investing. Believe and Achieve! - Joe

hello everbody, i have a question regarding the assignment of contract. when you are trying to use the assigment of contract how much money do you have to putdown as downpayment if the agent requires money down to go through the deal?

I believe you are asking how much you have to put down as an earnest deposit. It may be different in other states, but I have heard any amount can work. Most real estate agents ask for $1,000 but I have heard it can be as little as $1. In most cases to show sincerity of the offer, one can offer $100 or $500 depending on the asking price. I believe the earnest deposit is only viewed as a requested amount by the seller.

A great tip that was discussed previously on the DG website was to provide a copy of your check and upon acceptance you would deliver the check to the broker. Hope this helps. Good luck on your deals. Believe and Achieve! - Joe

Yes, I generally will photocopy my check and fax it in with the offer, and if accepted, then bring it to the realtor. So at least you can make a lot of offers without tying up any money. Generally $1,000 will make it a very strong offer. I put in two offers today and plan to start a separate post for that.

Thanks for the comments and sharinf the information on the earnest checks. Also, good luck on those 2 offers you submitted today, way to take action. Good luck on all your deals. Believe and Achieve! - Joe

Thanks Joe. I just posted the details on my two offers under the "My Deals"
section. I've read through most of your posts and sounds like you're on a roll - quite impressive!! - Tom

I would put down the least possible. Some people pt down anywhere from 100.00 to 1000.000 dollars. Much success...............Lubertha

thanks everybody for the helpful information, i also had a question regarding the proof of funds letter, what is the proof of funds letter? and what does it mean, does it mean that i have money in the bank? if so then im out of luck! any feedback will be helpful! thank you