Check out the DG students that are MAKING IT HAPPEN! Ask questions get answers

Maybe your a DG member just getting started and trying to make sense of it all... trust me I have been there Smiling
Maybe your on your first deal, second deal or maybe like hundreds of others around the country you have put Dean's teaching into action and you are on your way to FINANCIAL FREEDOM!

I started with Dean 4 years ago at a time in my life when like so many of you I was facing financial despair. Since then I have wholesaled over 200 properties, flipped 10 and I currently hold several providing me with a monthly income. I would never have been able to change my life as I have without puting Dean's teachings and principals into action. IT HAD TO START WITH ME!

DEAL 4 - 6

Hi

Deal 4 was a double closing. I got this deal for 30k from the mls and was able to turn it around in 2 days for 38k. Most of my deals come from the mls so I put over 30 offers a week.

Deal 5 & 6 the latest properties I got under contract. I got both these houses on 2/22/2012. deal 5 I have under contract for 37k and I sold it in a few minutes for 43k. Deal 6 i got under contract for 23k and was able to sell it in 3 days for 34k. Im almost at the point that I no longer see these houses and that is so awesome, I feel like Carol doing most of the selling and buying over the internet. Im going to start a mail campaign for home owners with high equity, so I will keep you all posted on the outcome. I want to average 5 or more deals a month.

DEAL # 2 & 3

Hi Everyone

Deal 2 was my first attempt to do a rehab flip. I bought the house for 32k using OPM, the house ARV was 125k. This house had a bunch of liens but the bank paid it off at time of closing (Thank goodness lol) I had to rehab this house with legal permits due to city had information of all ilegal violations. I started getting all the permits inorder to start the rehab project. Just when my contractor was about to start this project he got real sick and couldn't work. a few weeks passed by and still no contractor. I learned from the coaches in DG that we make our money on the purchase and not the sale, I sold the house as soon as the contractor told me that he will be out for a few months. One of my buyers took this house of my hands for 50k.

FIRST DEAL IN 29 DAYS

Hi

I have been a DG student since 10/2008. I read the books and did my online pmi training but never took ACTION! on the Knowledge I was learning. Life and the wrong mentally got the best of me for 2 years. On 10/27/2010 I said to myself it's now or never. I enrolled for the second time in DG courses. I needed fast cash so I studied assignments of contract. I took massive ACTION! and landed my first deal in 29 days, I got a seller from one of my bandit signs, I offered the seller 155k and the seller accepted. I sold the home in 1 day to one of my buyers from my bandit sign for 182k. I called my coaches so many time to make sure I was doing everything right lol. Since my first deal I have been averaging 1 -2 deals a month and looking to bump it up alot more

Foreclosures Were 25% of 2011 Qtr 4 Home Sales

RealtyTrac.com reports that in the fourth quarter of 2011, foreclosures represented one-fourth of all home sales. This was up from 20% in the third quarter, and down only slightly from a year earlier when foreclosures accounted for 26% of sales.

In total, 204,080 distressed properties were sold in the fourth quarter, down 2% from the same quarter a year ago. For all of 2011, foreclosure sales were down year over year by 2% to 907,138, accounting for 23% of home sales. Though foreclosures were beginning to ramp up, they were still being slowed in the fourth quarter by questions surrounding paperwork errors and abuses related to the robo-signing scandal.

Uncle Sam Selling Bulk Rentals

Fannie Mae will be offering up nearly 2500 distressed properties in eight locations to investors who are willing to buy them in bulk as rental units. Fannie Mae didn't specify how many years, but there will be a requirement that they be rented out for a set number of years.

The properties are located in Atlanta, Phoenix, Las Vegas, Los Angeles/Riverside, and three Florida regions. They include all types of housing from single family homes to co-op apartment buildings.

There will be strict guidelines for who will qualify as a buyer, and these properties represent only a tiny portion of the more than 180,000 properties held by Fannie Mae and Freddie Mac. Many of the properties are already occupied by tenants, and buyers will be required to honor their leases.

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