10K from a bandit sign again!

This deal came through a bandit sign back in June. My partner and I ended up buying the deal at $151,500 (including closing costs) and were going to rehab it. However it needed about $78,000 in repairs. We're looking to wholesale in another market and want to dominate the Denver market so marketing money seems better now.

We ended up having a friend list the property and got an all cash offer, no inspection, close within two weeks for $230,500.00 $500.00 above asking price! lol ARV was $380,000.00 would of been more if it wasn't on a busy street.

Weekly Wisdom #349 - Watch Out For The Trap!

This week's Weekly Wisdom comes with a very short and powerful message about success... and the traps associated with it.

That's right, when we have successes in any area of our lives, we have to be careful of success traps stopping that success from growing even more.

What are these traps you may be asking? Watch this week's Weekly Wisdom and find out!

And remember, do get 2 of my best selling books for free CLICK HERE!!!

10 Things You Need to Know Before Buying Your First Rental Home

Hey everyone, it's Dean! Are you ready to jump into real estate investment and buy your first rental home? The gyrations of the stock market in August 2015 certainly is bringing other forms of investing to the top of people’s minds. Investing isn’t an “all-in” thing, or it shouldn’t be. Diversification is the advice most stock market brokers give, but they’re just telling you to diversify among stocks, companies and industries...

I’m not suggesting that you dump all of your stocks and bond holdings to buy rental real estate, but let’s get into my Top 10 things to nail down in your life or think about before you take the leap.

Weekly Wisdom #348 - Becoming Friends with The Present...

Have you ever found yourself focusing too much on the future? Have you ever found yourself thinking too much about the past? I can almost guarantee that you can answer yes to one of those...

Now what if I told you that one of the most important keys to happiness, abundance, joy and prosperity is living in TODAY... and becoming friends with the present...

In this week's Weekly Wisdom I want to share with you how TRULY important living for TODAY is. This is a MUST WATCH!!

Weekly Wisdom #347 - Whose Rules are You Obeying?

In this week's Weekly Wisdom I want to share with you a lesson I shared with my kids on their first day of school this year. It's something you may not have ever thought of, but it's something we all need to hear! Whether 8 years old or 80. Watch now!

Wholesaled 9 Condos in the last 30 days! 21 total in the last 60 days!!

2 years ago no one would touch a Condo (myself included!)
But with inventory so low and demand so high investors are starting to buy cash flowing Condos! We have concentrated our efforts in certain areas and in Condos where the HOAs are reasonable and their financials are strong. 60 days ago we wholesaled a package of 6 followed by a package of 8.

Fellow DGers, you might want to see if their is demand for Condos in your area!!

Michael

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