In an article titled The Investor Next Door, the New York Times discusses a new real estate investment trend. It’s condo owners buying other units where they live as rental properties. It’s approached from the perspective of the investor already living in a condo and buying others in their complex. However, it could be considered an interesting strategy for investors who are currently renting or are considering selling a home and moving.

I used my taxes check and purchase 2 properties:
One duplex with 3 beds and 1.5 baths each, and a Fourplex with 1 bed and 1 bath each one.
I sign closing documentation for one on May 17 and the other on May 24.
I just received an offer for the fourplex for $8,500.00 and waiting for an offer for the duplex for $5,999.00
If you use a little cash, imagination, persiting and no matter what others say, you will come with a deal!
This are my first two, and i am working now with a partners/investor and we are closing 4 more properties and will start rehabing one.

Check this link:
http://cheaprealestatehomes.weebly.com/index.html

Hey: if you need help, let me know.
Ernesto

I made my 1st DEAL!!!
Talk about addiction... I found mine!!
I know this stuff works but when you actually do it and it works omgosh!!
Searching through some ads I found a townhouse that a
gentleman had for sale that he started to rehab and
wanted to sell for $19,000.00. I called honestly hoping he
was a landlord thinking I could pick up someone to
add to my buyers list. During our phone conversation he told me that
he just lost interest and had enough rental income coming in
that he wanted to sell. So truly in my head bells and whistles went
off I heard one of the speakers from the edge event (sorry I don't
remember who) about packaged deals. I thanked him for his time and
told him I would get back with him. I did a little research and found

I sit here tonight in a hotel room in Minneapolis. No, I'm not on a vacation. I find myself tonight in realization of a dream. A dream that started in July 2009. I was up late watching an infomercial when that cute little Italian dude told me I could make a fortune investing in real estate. There was something undeniably real about him. I bought the books; I joined the Success Academy. I so remember the guy from the Success Academy using such lines as: "Maybe one day you will be in the infomercial." "Maybe one day, you will be the one who goes around the country teaching others." Ya right. I didn't care much, at that time, for the thought of being in an infomercial. I mean, how embarressing would that be if someone I knew saw me?

Hi Everyone,
I had my realtor send me properties that were on the market for 90 days or more.I looked for as-is,vacant,and needs rehab.So I put 25 offers in and 2 got accepted.So I said wait,this isn't right,if i got 2 offers accepted then I must have bid to high.I offered higher then what my gut felt.One of the deals I backed out during inspection,because I knew I was too high.The other offer I went with and sold it in 2 days.
3/1bth 2 car garage.
Renter in Place at 1200/month
No work needed!
1500sqft
ARV 90k
My price 45k
Wholesale price 46.5
The seller was so motivated to sell,I know I could have got it for 35k.Always go with your 1st instinct.
But I just love the fact of doing a deal!