Good evening all my invester friends! I had to share my excitement with you all tonight. Today, was the first day of the rest of my life. I bought Dean's book a few weeks ago after seeing his infomercial one morning while I was getting ready for work. My wife and I read a chapter every night religeously and last night we finally finished the book! I immediately ran to our study to get started. You know how Dean loves to use the phrase "take action"...well, that's what I did last night. I told my wife, before we even start to put our system together, let's see if we can find ONE deal really quick just to practice on some of the material we read. So I went to Craigslist and clicked on the Tampa link for Real Estate. The first link I clicked on was a house for sale in a really nice neighborhood near to mine. After I started researching the history of the house, I realized that the asking price was 21K lower than the FMV and that sparked my interest. I went to the county appraiser's website, and zillow and a bunch of others to get a good idea of what the house was worth. The house had last sold for $140K in 1999, and they are asking $220K. The FMV currently is $241K on all the sites I checked out, and most of the houses in the neighborhood FMV was $280K plus, so I knew something was up with this house. I wrote down the phone number in the ad and since it was late, I decided to give them a call at lunch today to find out more. So today at lunch, I took action! (Thanks Dean). Come to find out from talking to the young man on the phone, the house was vacant and they had been trying to sell the house for over a year and a half. They said they had an agent in the beginning, but she didn't even try to market their home and so they decided to rent it out since they moved out of state to California. He said it was becoming a nightmare to manage the sale of the house and was practically begging me to take it off his hands. I told him everything Dean said to say in his book and he was very interested. He said he didn't care how the house was sold and how much money I was going to get off the deal, just that he wanted it off their hands. It was like a classic story Dean would share in his book...and it took me only 1 minute to find the deal by accident. So, now I have 21,000 in equity to start with at least and I'm pretty sure I have more room to play with....the only problem...I don't have a buyer's list yet!! haha I got so cought up in taking action, I almost forgot I needed a buyer So, that's my goal tomorrow is to get my buyer's list going and trying to find some cash investors that may be interested. We're on our way Dean! Look out!
Mark & Victoria