Here it is in a nutshell (if you know me or follow me you won't believe I wrote this post this short) I completed my first Assignment of Contract. Nearly 4 years after going to my first Real Estate Investing Seminar in March 2008, many books, audio CD's, advanced training seminars, EDGE 2010, working for Matt Larson, Conference calls, many many bandit signs, websites, business cards, car magnets, etc. is all it took for me complete an assignment of contract. That is the definition of perseverance.
Quad City Real Estate Investors Association
Here is the proof of getting a loan to buy a deal with a 585 Credit Score.
http://www.deansmedia.com/play.php?vid=165
Look me up on Facebook, put in a message when Friend Requesting or be denied. http://www.facebook.com/people/James-Greer/100000908311950
...for sticking with it and making it happen.
It might help those of us who haven't done that first deal yet (and are getting discouraged) if you enlighten us as to why it took you that long? Were you doing it part time, under budgeted, lack of connections, scared to try, etc.? Do you have any advice that might shave off some of the time it took you?
Any info might help.
Congrats once again,
Andy Sager
DG's AndyS
Andy Sager![Laughing out loud Laughing out loud](http://mail.deangraziosi.com/modules/smileys/packs/example/lol.png)
DG's AndyS
CFIC & IE member
2013, 2014, 2015 & 2016 EDGE Alumni
Congrads dude, I would have though you were a seasoned proffessional for sure. Have you had any issues with the bandit cops? I had a nasty phone call this morning, but I don't beleive they can find me. Any way great job way to get it done.....John H.
"Action and Mistakes" always-outweigh "Analysis Paralysis"
...Just do It"
http://www.linkedin.com/pub/john-hoening/23/2a3/164
"Action+Knowledge=Success....$$$$$$$$$.....
www.WeFlipDesMoines.com http://facebook.com/desmoinesinvestmentproperties
www.iowarealestateflipper.com
way to stick it out!!! I know thats been tough. Good job.
Now go get the next one
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
Well there were many reasons, but the main one was Analysis paralysis. The only way to defeat it is to take action. You have heard it from Dean, Matt, and Many others. I always took action and would end up being so close to a deal. I have had quite a few properties under contract, and had to back out, no buyer, to much termite damage, wrong area for the end buyer, and lack of funding. My biggest challenge is negotiating, still is.
2011 was difficult year for many reasons, still working my way out of it. But today was a very real day. A check made out to me for an Assignment Fee. Heard about them, seen all the scanned copies of them, watched many videos, and read so many books about it.
Only way to shave off the time is to explicitly pay attention and follow the advice from program you elect to enact. If you are NOT making offers you are NOT making deals.
Quad City Real Estate Investors Association
http://www.qcreia.weebly.com
Here is the proof of getting a loan to buy a deal with a 585 Credit Score.
http://www.deansmedia.com/play.php?vid=165
Look me up on Facebook, put in a message when Friend Requesting or be denied. http://www.facebook.com/people/James-Greer/100000908311950
I should also highlight that this is not my first deal, just my first assignment of contract. I bought a great Duplex a few years ago for $15K with upstairs tenants in place. I fixed up the downstairs unit and put tenants in place 2 months after purchase. What made 2011 tough was how ling it took for me to fix it up again after tenants. Not so much how bad the tenants damaged it, it was so much I chose to do.
I have had 2 phone calls from the cities about signs. I do have to agree with them to a point. I still need to put out signs, but it is a form of littering and unlicensed advertising. So until something out does bandit signs, bandit signs will keep going out.
Quad City Real Estate Investors Association
http://www.qcreia.weebly.com
Here is the proof of getting a loan to buy a deal with a 585 Credit Score.
http://www.deansmedia.com/play.php?vid=165
Look me up on Facebook, put in a message when Friend Requesting or be denied. http://www.facebook.com/people/James-Greer/100000908311950
Well no one was checking on if you had a deal or not. But the main thing here is that you accomplished one of many goals through perseverance. We are examples that this is feasible with taking action. You overcame the challenges you mentioned and made it happen. We are happy for you. Now on to the next. God Bless.
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.
and your perserverance has paid off! you must feel great for getting over the 'first assignment hurdle'...
wishing you many more of them!
Valerie
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/...
Way to make it happen James! I can definitely see that you we're both, as Matt Larson would say, "Persistent and Consistent". Believe it or not, it's been 3 years for myself and I still haven't completed an actual deal myself. But I know I'm NOT giving up and I'm still sticking with it. A wise friend of mine once told me, "Everyday that you wake up and look in the mirror, you should ultimately end up telling yourself that THE BUCK STOPS WITH YOU!" So I as long as I keep up with it, even if I'm just doing a regular Bird Dog deal, I know I can make it happen. Thanks again for sharing this James!
Andre
"You are who you are without a doubt...And what you put in is what you see out."
Awesome
Bless and be blessed!
Check out my websites! Want to make $100+/hr? Need a free will? Unlimited Legal advice/representation or ID theft protection and restoration? Go to:
www.Legalshield.com/hub/
www.acareerchange.info
Www.essanteorganics.com/3andfree
www.alexandmollygriffee.info
congrats on that deal! way to go...
Excellent Job. Wow that is seriously continuing to take ACTION! Congratulations.
Dan
www.danbuyshomesfast.weebly.com
Great job hanging in there James, Im really glad it worked out for you.Thanks for the post.
Take care
Curtis Fillers
(Charlotte,NC)
Put that check in the bank and get to the next one!
Click Here To Buy Deans New Book!!! http://www.lanemccaw.bookimentioned.com/b/
Visit my website:http://qchomebuyers.weebly.com/
Visit My Facebook Page: http://www.facebook.com/#!/qchomebuyer
Visit My Linkedin Page: http://www.linkedin.com/pub/the-1-fast-ca-h-home-buyer-in-the-qc/28/b79/...
"In order for me to think outside the box, that would require me to acknowledge that the box actually exists. In my world, there is no box."
~Matt Larson~
Such an inspiration. Keep up the good work!![Smiling Smiling](http://mail.deangraziosi.com/modules/smileys/packs/example/smile.png)
"Formal education will make you a living, self education will make you a fortune."
Jim Rohn
Now that is called never giving up! Go get em!
... 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 ...
Your perseverance and taking action paid off!!
Here's to a new life!
Thanks for sharing, here's to contined success.
Aileen
Here's to learning and applying & Here's to a wealth of success.
it was not IF ...it was WHEN for you to close an assignment ...great job my friend !!! PERSISTENCE pays $$$$$$$$$$$
keep rolling bud !!
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
2011 was difficult year for many reasons, still working my way out of it. But today was a very real day. A check made out to me for an Assignment Fee. Heard about them, seen all the scanned copies of them, watched many videos, and read so many books about it.
Only way to shave off the time is to explicitly pay attention and follow the advice from program you elect to enact. If you are NOT making offers you are NOT making deals.
I guess this will show everybody once and for all that this doesn't always happen quickly so persistence pays.
Congrats once again.
Andy Sager
DG's AndyS
Andy Sager![Laughing out loud Laughing out loud](http://mail.deangraziosi.com/modules/smileys/packs/example/lol.png)
DG's AndyS
CFIC & IE member
2013, 2014, 2015 & 2016 EDGE Alumni
For some people this does come quickly and payment of an assignment fee really can happen in 30 days. For some people this does not come quickly and payment of an assignment fee can happen longer than 4 years.
Its as simple as that. One absolute Guarantee is to simply follow instructions on any one course you take. You will never know if a training program is right for you, your area, or your personal choice of a path to take towards financial freedom, until you have done it. Once you have tried everything you will have more knowledge and clarity of how things do need to get done for you to have your defined success in real estate.
Always Define the success you want into the success you need. Use the 7 levels deep to help you find clarity in what it is that you need to do to have success. Find out for yourself what attainable goals you can do! Many of the Pro's here describe the reality that you can make a ton of cash in a short amount of time, and its true. But what is a ton of cash to you? Can $1,000 bucks in the next 30 days be huge for you? If so GO FOR IT! If you only make $100 in the next 90 days, CELEBRATE! You're doing something so few other people in this nation are, that's right you are only .001% of the population that is taking action in this business of Real Estate Investing.
That is why in this business so many experienced Investors are so humble and open to sharing their ways of success. It is because there are MANY deals out there to be had, by YOU!
I'm getting mine, are you getting your's?
Quad City Real Estate Investors Association
http://www.qcreia.weebly.com
Here is the proof of getting a loan to buy a deal with a 585 Credit Score.
http://www.deansmedia.com/play.php?vid=165
Look me up on Facebook, put in a message when Friend Requesting or be denied. http://www.facebook.com/people/James-Greer/100000908311950
Good stuff bro! I bet that felt sweet when you got this one and saw that check?!
SEMPER FI
GET SOME!
You stuck to it and it paid off. Great job.
Thanks for sharing.
Joe
Think less, Do more, Get results. - Dean Graziosi
http://www.rcmfunding.com
http://www.StopForeclosureOptions.org
http://www.RichardsCapitalManagement.com
Proof that persistence pays and an inspiration to all the rest of us!
Thanks and congrats!
Go do another one now!
Like Dean says, look ahead like you have already done your first deal. Like you have already helped put someone in their new home. Sorry if I sound redundit but it JUST hit me. I guess it's my AAAAWWWWW moment. Good luck to everyone in the DG family. Keep plow'n ahead!
Annette Bates
If it's to be, it's up to me! Believe in YOURSELF!
The truth is that Imagining what it feels like to cash that check before its in your hands, is not all that different from actually cashing that check in reality!
It feels good to get it done.
Quad City Real Estate Investors Association
http://www.qcreia.weebly.com
Here is the proof of getting a loan to buy a deal with a 585 Credit Score.
http://www.deansmedia.com/play.php?vid=165
Look me up on Facebook, put in a message when Friend Requesting or be denied. http://www.facebook.com/people/James-Greer/100000908311950
I'm not sure if 4 years is something to feel good about. After all, it seems like Matt and the other successful students went from one deal to another in no time. In fact, Dean has multiple deals going on all the time.
I certainly would be turned off by the thought of spending so many years for the first deal. If it took that long, I would think that any profits left over would be offset by the expense in finding the deal.
P.S. - Everything else is immaterial, irrelevant, and unnecessary.
I had Matt for Boots on the Ground recently. He was awesome. Don't let the naysayers bring you down. I am a bit long in the tooth (61 years old) and have been putting down "Flip a property" as my number one New Year's resolution for years. But my wife and I have finally decided to act and have invested in a lot of training. I am also guilty of "Analysis Paralysis", but this year, we will act.
William J. Halley
to CaREI ya its 4 yrs but like he said its the fact that hes doing something that only .001% of people are doing!! and he made profit on this deal and by doing one deal, the next should be easier and so on..... good luck on the next one bro!! keep it up!
yesterday is history, tomorrow is a mystery, but today is a gift. That is why it is called the "present."
"Be not afraid of growing slowly; be afraid only of standing still"
CaREI,
Yes it was 4 years (well in March it will be) to get my first assignment of contract complete, but it was not my first deal. Oct 09 I purchased a duplex, with a 580 credit score, Matt Larson and Greg Harmon were (and still are) my mentors on that project. I bought it for $15k it appraised at $38K, one year later I refinanced on it for a loan of $25k and it appraised for $55K. The cash flow is $500 including all expenses, management fees, and vacancy. As of right now I have spent nearly $20K on training, books, seminars, webinars, DVD's, advertising, websites, etc. This first assignment of contract absolutely is not a profit after all of those expenses over 4 years, buy every expense has been worth the knowledge I gained.
From June to December 2010 I worked for Matt Larson doing many different things. In the end I decided to quit, I wanted to take a different path for myself. Matt wanted me to stay but also respected that I had made up my mind on what I wanted to do. Real Estate is not my main source of income. One day it will be, but not by the end of this year. CaREI I respect your opinion, if you yourself after 4 years of trying for an assignment fee had decided enough was enough. Good for you for making a decision to do something different. Most people will not have that clarity for themself. It's something that is very important to have. I had my clarity that I knew real estate is a good place to invest, when done right.
This deal was done completely by word of mouth. I was not working leads 10-20 hours a week to find this deal. In fact all of 2011 I did not put out a single bandit sign or any other kind of marketing. Real Estate was not the focus of my time, but always on my mind.
I say this to myself often now, "No matter what, anything you do requires your time. Often there is a paycheck involved, was it worth your time?". For many Real Estate does not work for them, for some it is amazing. There are so many different ways to earn a living, create passive income, or just win the lottery to make money. I say this to everyone. It doesn't matter you do, as long as it works for you is all that matters. Just learn how to identify if it is working for you.
Real Estate still works for me, and so does becoming a Union Pipe Fitter.
Good L. U. C. K. Everyone, if real estate works for you, then keep doing it, if it doesn't, do something elses. Just know the difference.
Quad City Real Estate Investors Association
http://www.qcreia.weebly.com
Here is the proof of getting a loan to buy a deal with a 585 Credit Score.
http://www.deansmedia.com/play.php?vid=165
Look me up on Facebook, put in a message when Friend Requesting or be denied. http://www.facebook.com/people/James-Greer/100000908311950
Great win man. Thanks for sharing.