Offline* This post is originally from MsIndiana317 *
*You would be amazed of what you can accomplish through teamwork!*
MsIndiana317 wrote: I have been working on a deal since early December. Went back and forth with the owner for over a month. Finally got the property under contract late January and have been trying to flip it ever since. I am just now getting it sold, will close sometime next week:)! The potential profit went from $10-15k to now $3k. I know something is better than nothing and I am so glad to be done with this deal (if only you knew what all this deal entailed!). If I had the capital, I definately would have bought it myself, because I know it would make a great return.
Anyway one day last week, I thought of a guy a I know who buys property. Initially, I did not think he would buy it(as he usually buys them SUPER cheap) so I didn't bother. But then I said what the heck asked anyway. He liked it and we worked the numbers out. To make a long story short, don't necessarily rule anyone out as a buyer until you ask. I showed this property every other day for the last few weeks.
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Sac-TownsFinest writes: I would like to add this deal was a (we will call it a pre-probate deal) and we were able to bypass the probate process (depends on the state you live) and do the deal without going through a formal probate process. I have been working with MsIndiana317 on the deal since Dec. After many negotiations with the seller and going back and forth, the deal finally closed friday 2/25/11. For the newbies out there, try getting a mentor to help you along the way. It really helps! I'm in California and MsIndiana317 in Indiana. Just proves no matter where you are you can do deals and your mentor does not have to live in the same state. I am looking for for deals in Texas, Oklahoma, Florida and California. I would like to partner in these states, however I am open to anywhere in the U.S. If anyone has a potential deal they need help with and want to partner up OR would like to birddog, PM me. I am always looking for deals, especially probate (when person is deceased). I am a seasoned RE investor of 7ys with experience in all.(subject to, lease option, probate, mortgage assignments, fix and flip, buy and hold, wholesale etc. I hope this helps and gives the newbie encouragement to keep pushing. Have a great day DG family!
To get something you've NEVER HAD
DO something you've NEVER DONE.
Don't listen when other's say it can't be done. Take action to change your current situation. O.k now get out there and get your deal!
To get something you've NEVER HAD
DO something you've NEVER DONE.
Congrats on your DEAL, both of you. Long distance partnerships do work,
you both proved it, thanks for sharing your success with us, i need to
do same, find a partner, better two heads than one.
George41
George
I am glad this deal worked out for you and your partner. Let me know of other deals you come up with.
We are looking in the Placerville,Ca. area right now so if you come up with a good probate deal there let me know.
Steve.
Steve and Veronica
Steve and Veronica's Journal.
http://www.deangraziosi.com/real-estate-forums/investing-journals/58073/...
http://www.deangraziosi.com/real-estate-forums/totally-fulfilled/72344/d...
I am glad everything worked out for the two of you on this deal. Hope it is the first of many for your partnership!
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!"
Thanks to you all.
I hope this gives everyone encouragement. Take the step and push forward. After all.... to get something you've never had, you have to do something you've never done!
@ George41- Yes, it helps to have constant motivation in your life. Just to think MsIndiana317 and I have never met face to face. We have become friends/partners and have been networking for about six months.
@ Steve and Veronica- Thanks, we have yet to meet. If I can just sit still for a moment. LOL
@ Kareng- We chatted briefly last year some time. Let's get some deals in Sunny Southern CAL. I love L.A., as I mentioned before. Many trips to the beach there. With my hometown being only a hour and half away, it's hard to stay away
Have'nt been in awhile, so it's about time. Now that I'm in Sacramento. It takes about four hours now. Keep pushing ahead.
To get something you've NEVER HAD
DO something you've NEVER DONE.
yes indeed
To get something you've NEVER HAD
DO something you've NEVER DONE.
Like it's been said (we all know who said it) you never know unless you ASK!
Silverhound(WHAT BOX?)
The deal is out there, we just have to do what you both did; go out and get it. Congrats.
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.
Very encouraging! I'll be sure to call you before I put a deal under contract here in sunny San Diego. I would like to partner with you on it.
Ben
I look forward to hearing from you!
To get something you've NEVER HAD
DO something you've NEVER DONE.
Thanks for sharing your details....we nibble on that!!lol!
Deb in OK
Need assistant on where to start? Bakersfield, CA area.
Would love to have a partner.
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Believe IT to Achieve IT
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Believe IT to achieve IT
Thanks! It's always good to give new inverstors encouragement
To get something you've NEVER HAD
DO something you've NEVER DONE.
You got lucky! lol. Bakersfield is my hometown! So, I'll send you a pm. Currently looking do deals in Bakersfield right now as we speak. I've done plenty of deals there. That's where I started. Talk to you soon
To get something you've NEVER HAD
DO something you've NEVER DONE.
Can we meet.. Too excited and am ready to start. Whatever it takes.
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Believe IT to achieve IT
Great post as they are always up beat, can do and full of positive vibs. I stopped using the word when someone on this sight told me "you are not a newbie, you are a new investor. I know we can be a pain in the bakeside with our elementary questions (just ask Karen) but you guys are very patient as I hope we will be when we start giving advise.
Steve
We seldom get what we want, but we will always get what we expect.
@ Steve guy - Thanks you. That was nice of you. I try to keep everyone motivated. I know how hard it can be. I started out with a little small two door car with no a/c and my hood was damaged. So I would park down half block away in 100 degree weather before I knocked on doors of homes in foreclosure. I had no mentor. I read books by William Brochick, David Finkle, Ron Legrand, and others. Now that is determination! Quess what? Forty days later I closed 2 deals at the same time. So I know who's serious and who's not. I love hearing from people who have the same fire and go getter attitude I have! Get up, get out and get something. lol
@ SkyBlue - I sent you a private message. You should have a message from me. As we are not allowed to post personal info in our post. So check your messages.
To get something you've NEVER HAD
DO something you've NEVER DONE.
I never thought of you as being a pain and hope I never gave that impression. I am always more than happy to share any knowledge I may have.
Now this girl here (J) I think she is a real goldmine of info for us just waiting to be tapped.
Thanks J, for your very generous offer.
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!"
Am just getting started and i need all the help and knowledge i can am reading DEAN book (profit from real estate right now)am loving it and am about to go out and start me up a (buyers list)i pray everything go well thanks for all the great commemt i want be no newbie once i do my first deal and i am going to do so
Karen. I'm not on the site often, but I try to check in every 2-3 days.
To get something you've NEVER HAD
DO something you've NEVER DONE.
i enjoyed the information you posted on march 1st. i found you to be serious about the profession and yet enjoying the fresh air at the same time. e-mail me and post a note when possible. full time investor.
The important thing is that you saw it through to the end. Another deal will come along where it will fall in your lap and you will think "That was easy!" and others will be tougher to get through. Its the nature of the game. Congratulations for your perseverance!
KEEP MOVING FORWARD
"If it is important to you, you will find a way. If not, you'll find an excuse."
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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
Thank you for the comment. That is my motto." Stay pushing"
To get something you've NEVER HAD
DO something you've NEVER DONE.
Like SkyBlue I'm also from bako. and would like to be part of your team. I have a website that I got through dean for probate i just haven't work that strategy you more experience from what i read in your bio. I will pm you looking forward to talking to you.
http://kern.getprobateinfo.com/
Stop thinking just DO IT!