My First Deal! STOKED!

My First Deal! STOKED!

Alright, I am an investor! Say it! Don't say you are new, don't say I don't know where to start... You are an investor! It works! I live in Colorado and have been renting a small apartment for about four years. I found Deans books, started reading, it opened my eyes and I went out, used the techniques, enrolled in the Success Academy and found an awesome deal! Here it is...

3b/2b 1854 Sq Ft
Needs about 5-8k worth of work.
Bought it as an REO
Was listed for 160k
I bought it for 135K
ARV is around 195k!

I have no money, mid 600 credit, found a great loan program from a Mortgage Broker who is awesome, built my power team and its all down hill from there!

I am going to pull a HELOC for about 20k immediately to pay off a car loan, credit cards, and then put the rest into the repairs. Should take less than 2 months and will probably do a L/O on it or sell it. My wife and I along with our 14 month old will win a trip, we are investors, and will be featured in a book (or at least that is our attitude) Nothing will stop us and that is the attitutde you have to keep! We have several more deals already lined up with buyers and have set a goal to do all five deals within 3 months so by March 1st...

GO GET IT DONE PEOPLE!!

Matt
FR Properties LLC
www.frproperties.net

__________________

Matt Behrens
FR Properties LLC
www.frproperties.net
"Our Priority... You and Your Family!"

Journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/67147/...

F.E.A.R- False. Evidence. Apprearing. Real.
Talk IS Cheap!


Congratulations!

You ARE an investor. Best of luck on this one and many more!!!!

__________________

Cathy B

Follow my progress at:
http://www.deangraziosi.com/real-estate-forums/investing-journals/44397/...


Congrats but....

mbehrens wrote:
its all down hill from there!

dont you mean its all up hill as in things will get better???


Congratulations Matt looks

Congratulations Matt looks like your on your way, and if you have any questions on your rehab,I have a thread started on that from a few weeks ago. Just ask and I'll try to help.

Jim Kendrick


HAHA

No I meant downhill because I already made it to the top with the hard work, I guess you could say smooth sailing... idk lol You get the idea!

__________________

Matt Behrens
FR Properties LLC
www.frproperties.net
"Our Priority... You and Your Family!"

Journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/67147/...

F.E.A.R- False. Evidence. Apprearing. Real.
Talk IS Cheap!


Elix and James...

Thank you for posting, I follow all of your guys posts and comments. I have learned so much in the last month from you all and look forward to getting to know all of you alot better!

__________________

Matt Behrens
FR Properties LLC
www.frproperties.net
"Our Priority... You and Your Family!"

Journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/67147/...

F.E.A.R- False. Evidence. Apprearing. Real.
Talk IS Cheap!


Congrats on the 1st one

1st one is the hardest. GOOD JOB!!!!!! And you've got a plan. Keep up the good work.
Mike

__________________

Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools


Awesome

Gratz!!! It is super exciting when you get your first accepted:) wish you the best and cant wait to see more and tell us all about them:)

__________________

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


Congrats

Awesome job on the deal, it's an awesome feeling to get it done. Go celebrate and enjoy it.

Jeremy K.


Great Job!

Matt,

Thought I'd also, drop in to give you props on your 1st Deal. Looks really awesome and I like your attitude. I'm sure success for you and Cherise is just around the corner!

I saw your post another thread and your logo caught my eye...because it's the same one I use. Great minds think alike, huh?

Also, visited you website...VERY VERY nice!! Hope to hear more soon.

__________________

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
Check out my Road to Redemption journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/88171/...
www.windfall-properties.com


Thank you!

Thank you for all of your comments and encouragement! 1st deal was fun and not all that hard to find. I just put my head down and went to work. I look forward to the coming years with all of you and hope to make some tremendous relationships with all of you. Thanks for the props on the site John, I take it you got your logo from Vistaprint?

Matt

__________________

Matt Behrens
FR Properties LLC
www.frproperties.net
"Our Priority... You and Your Family!"

Journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/67147/...

F.E.A.R- False. Evidence. Apprearing. Real.
Talk IS Cheap!


Yes

Yes Matt, you're right. Got it from Vistaprint...business cards, too.

__________________

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
Check out my Road to Redemption journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/88171/...
www.windfall-properties.com


Matt

That is so great that you have already gotten your first deal!

I also checked out your website and love it! It is very personable and you are quite eloquent both on there and in your postings I have read here.

All I can say is it is a good thing you are a firefighter, cause you are burning it up already!

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!"


Matt

Good job Matt keep up the good work.

Steve.


Thanks so much Karen and

Thanks so much Karen and Steve...

I want so badly to get my Success Academy Money back by Feb 1st! I know the deals make much more than I put in but there is something about hitting that 5 deal mark! 5 deals in first 3 months? Possible? ABSOLUTELY!

At least its a goal...

Matt

__________________

Matt Behrens
FR Properties LLC
www.frproperties.net
"Our Priority... You and Your Family!"

Journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/67147/...

F.E.A.R- False. Evidence. Apprearing. Real.
Talk IS Cheap!


Matt

congratulations! the sky is the limit!

__________________

Linda, Army EOD Mom
you can follow my journal at http://www.deangraziosi.com/real-estate-forums/investing-journals/45351/...
IT'S ALL GOOD AND EVERYTHING IS WORKING OUT PERFECTLY FOR ME!
Fear equals:
False
Evidence
Appearing
Real


Matt

Congratulations! You deserve them all. With your amazing attitude I'm sure you will reach all your goals. Adding my wishes for a successful journey. Yes, you are an Investor. Semper Fi D-LO


Matt,

Great job and congratulations on the other deals you have lined up. I love that you say you have no money and credit score in the mid 600s because that's me. How did you find your mortgage broker? I'll keep looking until I find mine! Thanks again for posting because it encourages others.


Mortgage Broker...

Actually Regina, I asked for a referral to one that a financial advisor friend of mine knew. I ended up meeting with her and she runs her business exactly as I do, putting people first, and her husband also works for a major city fire department so we had a pretty good connection there. She had alot of ideas for me and we are working together on several projects together so none of it is one sided. I am putting her on my website and she is featuring my company on her newsletter. We both get business!

Find a morgage broker and every other member of your power team that will also work for you instead of just you giving them business...

__________________

Matt Behrens
FR Properties LLC
www.frproperties.net
"Our Priority... You and Your Family!"

Journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/67147/...

F.E.A.R- False. Evidence. Apprearing. Real.
Talk IS Cheap!


Thanks Matt,

I appreciate you taking time to respond to my question. I will ask my mom's financial advisor for a referral(she's great). Please keep posing, I'd love to see how your other deals work out.


Matt....

....love your attitude. Keep it up.

__________________

Always Looking to Acquire Houses | Always Looking to Amaze Investors


Great Job Matt!

Keep it up...on to the next deal!

__________________

... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


Goals

You have done exactly what Dean has told us to do. Fake it till you make it. Tell your goals to other people and find a great team. I will take that as a lesson. Thanks for your comments.
Donna L

__________________

Never give up on your dream.


Wow, thank you...

For your wonderful and encouraging comments. I feel that I fit in with all of you big timers on this site now! I am just striving to be one of you, thank you for all that you do, post, and help on DG... You all are the true inspirations! I will post all the deals that I can! Sometimes I feel my downfall has been dreaming to big or making goals to high and out of reach but this feels different!

I love this saying and don't know where it came from but I hope you all enjoy it.

"Most people don't aim too high and miss, they aim too low and hit it everytime!"

__________________

Matt Behrens
FR Properties LLC
www.frproperties.net
"Our Priority... You and Your Family!"

Journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/67147/...

F.E.A.R- False. Evidence. Apprearing. Real.
Talk IS Cheap!


Thanks for the encouragement

Hey Matt great job and thanks for the encouragement because if you can do so can I. Keep up the good work.


Matt

You can never set your goals to high or dream to big. You know the old saying the sky is the limit and that is how Jeremy and I go at it. Jeremy and I were looking at a potential deal not too long ago and when we were done and went to my house to crunch numbers my wife looked at us and asked, When are you two going to stop doing deals and how much is enough. We both looked up at her with a smile and said NEVER!! That is what I mean when about dreaming and setting high goals.

Good luck on your next deals...Jan


Another great quote you might like

"Shoot for the moon! Even if you miss, you still land among the stars." Hey, I need to add this on my signature, too. Smiling

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!"


I have heard that one! That

I have heard that one! That is kinda where I was going with that but I forgot how it went!

Thanks Karen!

__________________

Matt Behrens
FR Properties LLC
www.frproperties.net
"Our Priority... You and Your Family!"

Journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/67147/...

F.E.A.R- False. Evidence. Apprearing. Real.
Talk IS Cheap!


Well Done

Look forward to hearing about your other deals Matt. All the best.

Sandra

__________________

"You can never get to the top, if you are not willing to climb. Do not look at the difficulty of the climb, only anticipate the view from the top."
"Can't even walk without you holding my hand." (Song)
"Is anything too hard for the Lord ..." Genesis 19:14
"In all things, wait on the Lord."
"Think not of your own deliverance, but trust in God who will give in abundance."
"When you are down to nothing, God is up to something." Unknown
"Our lives begin to end, the day we become silent about those things that really matters." Dr. Martin Luther King Jr.


Way To Go Matt !!!

I also am an investor Matt, just beginning, but shush. Smiling My situation is similar to yours so I want to tell you that you are an inspiration to me and others like myself, that yes, it can be done. Thank you for sharing your story and good luck on your other deals. David


Next deal

I'm assuming you've already started on the next one

Always have at least 3 in the pipeline because anything can happen to delay or dead a deal so its always good to have multiple on the scene just in case

Don't get lax; you want to stay hungry. You should never feel like you've achieved anything. Once you've done that, you tend to slack off and thats not good.

Todays my 'off' day so i'm going to be on here alot