My wife and I found a new 4 bed, 2 bath, with a 2 car garage on 1 acre in Pahrump NV. It's been on the market for over 90 days. I want this home for my family and I. It's woth aprox 160,000, They are asking 149,000. By they, I mean it is corpret owned. I wanted to put in an offer of 100,000. My agent said I was crazy and that my plan of offering 40% bellow fmv would never work and result in compleet rejection. But none the less she put in our offer. Two day's went by and she called and said I dont beleave it but we got a counter offer of 130,000. She said I never thought they would go that low. So we decided to put in an offer of 120,000 with the seller paying the buyers closing costs. Now we wait. If We get it at 120,000 we will have 30,000 to 40,000 instant equaty in the house.
WOOOOOOOOHOOOOOOO!!!!! Just signed up for the EDGE, I am so excited!!! I've never been to Arizona before, going without my wife this time, but she is supporting my 100%. So if anyone else is going let me know, maybe we can make some plans. If you have been before give me your recommendations before I make my travel plans. WOW, can't belive I am going!! I believe this event will change my life!
On another note, if I come down from the cloud I am on, I am just about done with the Market Composition Analysis. I plan on working on my marketing plan next to help attract the deals.
OK, off to look at some flight options. Let me know if anyone else is going.
We have received a call from an apparently distressed seller. Gina was unable to answer the phone because she was in a training session but she listened to the message during a break.
We are nervously excited about this and we are frantically scrambling through books and posts attempting to figure out what to do next so as to not screw up this opportunity.
We are attempting to build a buyers list but it has not yet developed. We do not have anyone available at this time to buy. We will re-direct our marketing efforts that we have a property available once we actually know the description of the property.
It has been 9 months of grueling hardwork with this business but I can finally breathe some relief. Here is how it happened..
I ran into an investor/Realtor that I had met at an investor's club (go there). He knew what I was doing and said he had a property under contract that he wanted to flip thorugh a double closing (it was a HUD property). I told him that I would contact my buyers and get some people to look at it. He agreed to pay a fee for $3000 if I did, it was obvious that he was making much more but I didn't care.
Winning the contest was as AWESOME experience and I thought things could not get any better than that... Well it keeps on getting better! I have been asked to speak at this year's Live Event!
I must admit that I am a little nervous as well but I cannot wait to share the very strategy that has enabled me to go on to make over $60,000 wholesaling (assigning) properties this year! (split with my partner of course) I will be sharing the very thing that has kept me holding on long after others have let go! With so much against me when I started out I could have given up or given in but one strategy kept me going. I will be sharing it at the Live Event!
It feels great to know that if I follow what I'm taught, then it follows that I WILL succeed.
I put the Automated Forecloser Finder into motion.
I set up the 1-800 # and the online survey. then I put out some signs that read...
Don't Let Them Foreclose
I Buy Houses
Two days later I got a call, he filled out the online survey and the automated system notified me. (Even though I was out of town at the time.)
First thing Monday I called him and he was very pleased with my quick response. Said he had called a few others but I was there to meet his needs.
We looked at the property Monday afternoon, and signed the Purchase Agreement Tuesday morning.