11 months later and I have my first deal

11 months later and I have my first deal

Deal #1. I’ve been hitting auctions lately because there are a lot of homes going to auction here. Finally it has happened. This is a 3/1 with 1car attached and fireplace. Gorgeous yard. Total View Research tool puts it about 81,000. I got it for 53,000 The taxes are 77,000 so that’s got to be pretty close with Total view. Plus I look at what has sold in the area and I’m able to get pretty close to comps. I’m sure I’ll have to get it appraised when I go to get a mortgage on it so this will tell me how I’m doing on comping on my own.

It’s been lived in by the same couple for 38 yrs and it’s in immaculate condition. I only need to refinish the bedroom floors and shampoo the carpet. That’s it. Except for a chimney cap needs put back on.
Here we go……………

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Owen Properties, LLC


congratulations

Great to hear that you have succeeded!! I am working on my first deal with a sandwich lease as of right now.. I am excited and scared of course. I don't have any money nor credit anymore.. IE two divorces and bankruptcy's. But, I am not going to let that stop me.. I have been searching and placing ads and bandit signs, which by the way work! I have had 3 calls in two days and don't have a house to put them in yet, But I will find something.. I have found I think 1, but have two more that want to lease with option.. But hey, got to start somewhere.. Best wishes for your continued success! Kevin


Good Job

Glad to see you got the first one under you belt. It also took me 9 months to do my first one then 30 in the next 11. Keep up the good work, they will keep getting easier.

Randy

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www.adeptpropertiesllc.com


Barbara,

YIPPEE!! CONGRATULATIONS! I'm so happy for you. This is just the start of many to come for you Smiling

Lea
SPR Property Solutions, LLC


YOU GO GIRL!

Were in the same time frame, we have put in 3 offers to have to give them up due to inspections or funding. Were working on another offer at this time, and it has been a whole year. So your not alone, we just must perservere. Not sure if that is spelled right, but who cares. Good luck and many more.

Kim Fahey
BFriendsREI@****


Thanks Lea, Randy and

Thanks Lea, Randy and Blessed beyond. I'm in the game finally. Well, you know what I mean. I hope they get easier Randy. I’m looking forward to it.

Lea I can hear you cheering for me all the way from Kansas. Smiling Thanks so much for your support my friend. It means more than you know.

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Owen Properties, LLC


Don't give up....

Kim I feel ya on that. Sometimes you think this is never going to happen and then it does. I didn't even have this one at first. I was out bid by another couple so I'm on my way home and I get a call. The first couple couldn't agree with each other so they walked away from the deal. Now I'm told (by the auctioneer) some auction companies will plant someone in there to rev up the price then the auctioneer calls the last person bidding to tell you, "you got the deal if your still interested". But I really don't think this company works that way. I've been following them around for a couple of months now and they're a top notch very reputable company.

Good luck on your most recent offer. I hope you guys get it....

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Owen Properties, LLC