Locked-up a Deal in Vegas- Deal #9!

Locked-up a Deal in Vegas- Deal #9!

Deal 9 was posted as:
http://www.deangraziosi.com/real-estate-forums/success-forum/106955/lock...

Here's the summary:
"Karen"
REO
Listed at $58,900, locked up at $45,000 (not nearly the spread I had been getting, but with the tightening market, and the whole valley listings down from 21,000 in Dec to only 4,200, at least I got it.

Passed it to same buyer that called on the bandit sign for a fee of $3,270.

The profits to date were:
Cash- $22,270
Projected with the 2 JV Rehabs- $51,270

Thank you for listening!

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Tina

Good job!

__________________

"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!"


Amer

Hi this Amer,i need help with this.


Hey Amer,

I know you have been asking for help all over this site-- we are here to help, but I wonder, did you respond to my question (on a PM I believe) about what books, or programs of Dean's you have studied and where yu are in your studies? It is important for us to have an idea of what you know vs what you think you know, so we can help!

Please advise.

Thank you--
Tina

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Rockin It!

WTG Tina!

Goes to show that anybody can do this if they persevere.

Keep up the great work!

__________________

Mark K. Cool

Life Disclaimer: Past Failures are NOT indicative of Future Results.

Real Estate Glossary - Click Here for PDF

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Tina

That's awesome!!! Did you do a double close? I have yet to do an REO deal! They scare the daylights out of me! that's my next fear to overcome!

Shirley

__________________

Everything works out in the end. If it hasn't worked out, it's not the end.

You have not lived a perfect day, unless you have done something for someone who will never be able to repay you. Ruth Smeltzer

It is what it is 'til you change it.


Tina

do you write your own offers or have a REA do it for you? Curious about 2b close too? one offer, then accepted? Any negotiating? can you explain offer a little more/
Thanks and congrats this is good motivation.
Thom

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Keep it rollin' Tina1

Another payday sounds great. You are crushing it out there in Vega$. Do your REO's have RE agents already or are you dealing with the bank?

__________________

Moving forward daily will get you to your goals!
"You become what you study" - RTK Rich Dad Poor Dad

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Congrats Tina!

You are like the eveready bunny...you just keep going and going, getting deal after deal! Way to make it happen!,,

Wishing you continued success,

__________________

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/...


Thank you Valerie!

That's me....

eveready-- Gotta get 'em lower, faster, and keep going!

I appreciate you taking the time to stop in. Hope you are doing well and doing deals!

-Tina

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


There you are Mark K!

Been busy, huh? I'll stop by your journal and see what's up.

Thank you!

-Tina

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Be scared, but DO REO's regardless

Hi Shirley,

I wonder how your primary house deal turned out often. Do tell if you came out ok.

No, I don't double close. I came with an unorthodox way of making it work. In simple terms I have my buyer fund the closing, then Quit Claim the deed. As I recall you were struggling with getting "the right" agent (again, I'd love to hear), anyway a Rock Star agent is key-- mine handles a lot of "nonsense" I don't take the time to worry about and we get it done.

Stay in touch and thank you for the kind words.

-Tina

sphi99 wrote:
That's awesome!!! Did you do a double close? I have yet to do an REO deal! They scare the daylights out of me! that's my next fear to overcome!

Shirley

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Hey Pitbull, good to hear from you~

Thank you! I try.

I could be mistaken, or it may vary by state, but I believe the bank MUST (by law) list an REO, so yes there is a Listing Agent and a broker in place and I do have an agent, as well. I've done "off-market" REO's but they get listed as a formality just before my offer is being accepted.

Take care.

-Tina

pitbull2012 wrote:
Another payday sounds great. You are crushing it out there in Vega$. Do your REO's have RE agents already or are you dealing with the bank?

__________________

Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."

"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176


Tina

Tina I am so glad to see you doing so well now. I remember the brainstorming event we were at with you. We are doing OK but your investing is really taking off now. We are so happy for you. Keep up the good work.

Steve.


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