My Second Deal

Last April I started reading Deans books. In September of this year Dan and I started using Deans stategies.
Today we closed on our second deal! Yippee!! This the biggest deal we have done yet and I can't wait to tell you about it.

Dean Graziosi Weekly Video Blog #56 - The 3 Ingredients To Making Money Now

In this final blog before Christmas, Dean reveals the three things you need to absolutely make money, right now - and well into the new year.

So crank up your speakers and get ready for a whiteboard lesson in real estate profits!

And from ALL of us, we wish you much joy and many blessings as we go into this holiday week!

WHILE THE GRINCH WAS LOOTING AS EXPECTED JAN AND JEREMY HAD OUR OFFER ACCEPTED

I know, I know, it is a corny title but, Jeremy and I are in to the yuletide theme here.
After a marathon dealing day yesterday, and after 5 phone calls later to and from, Jeremy and I had our offer accepted on a 3 family with owner financing and a 5 year balloon payment.Here are the stats. The AV is 64,000 and the purchase price was 45k. Monthly expenses are 678.00 and rents total 1300.00, leaving us with a positive cash flow of $622.00 per month. The inside has been rehabed, but the outside needs siding and replacement window. Roof has got another 10 years.

Sometimes in this game, one must make sacrifices

I've come to realization that in this game of being a real estate investor that one must sometimes be willing to make(what at the time may seem big)small sacrifices in order to succeed. For many of us here 'money' is a very scarce thing that we can afford to use towards our investing careers. A lot of us have a very tight budget that we need to stick to in order to make it from week to week. We have family to support and take care of as well as bills the endlessly roll in from out of nowhere.

Replay! Conference Call Tuesday, December 22nd @ 9PM EST - Special Guest Jeff Jensen

Replay:

Tonight (Tuesday, December 22nd), I'm going to close out 2009 with a tele-training featuring a FULL hour of Jeff and I talking about something everyone
wants to know...

How to Build a Buyers List in Your Town

Now go and register for the call to save your spot!

How The Home Affordable Short Sale/DIL Program Works - New Legislation to Understand

The Obama Administration and the Treasury Department have made some recent modifications to the Home Affordable Short Sale/DIL Program that address the specific procedure used to handle short sales.

They are requiring that lenders and servicers use uniform documentation, preapproved short sale terms and accelerated turnaround times, the plan also provides financial incentives for key players:

Syndicate content