Bimal


All About Bimal

Name: 
Bimal
Location: 
Budd Lake

Topics I've Participated In

Basic Info

Children: 
Have Child(ren)
Education: 
Completed College
Status: 
Married

Sites I Visit

Mainly Just This One

Guestbook

Still Scared and do not know what to do

My book arrived and have read about 186 pages so far. While there is wealth of information.

I am still scared and have questions like;
1) Are there Buyers.
2) Will I be able to do it.
3) Which strategy best suits me.
4) I have not money to invest.
5) Are the different documents easy
to follow.
and many more.

I intend to do atleast one deal before the end of the year.

Any suggestions.

Regards,
Bimal

Bimal,

Indiana-Joe's picture

Congratulations on getting Dean's book, it is packed wit hgreat information. You may want to consider doing an assignment to get started. The key is to create an action plan and do a little each day to work the plan. Another key is to find a property and get it under contract, the more profit potential the better. This will allow you more options as to assign it, buy and hold it, flip it or take in a cash partner to purchase it if you do not have a down payment if needed. Good luck with investing. Believe and Achieve! Smiling - Joe

Thanks, Joe

Thanks for your reply I am also inspired by you and watched your success story video as well.

I will prepare an action plan and as you said get a prop under contract, just to let you know I have no money to put down and currenlty going paycheck to paycheck and falling short every month and eating into my Home equity.

As you always say Achieve and Believe.
I will do just that.

Wish me Luck...

Thanks again....

Bimal

Sheriff Sales List

Hello All,

I came across an Shetiiff Sales list shich contains auctions that already took place and auctions that are going to happen in future.

Here is my question..

There is a judgement for $20,000/- against the property, the FMV as per Zillow is around $600k.

I called the Owner and left message saying that I ould like to make an offer and when can I go and look at the property.

Is it possible for me to place an offer prior to the auction date, if Yes, what should be my offer given tha fact the Judgement is around 20K and the FMV is 600K.

Thanks for your time.

Bimal

Bimal,

Indiana-Joe's picture

You may want to join a local investment club in your area and network with other real estate investors. The key is finding some great deals and the rest should fall into place.

Once you locate a great deal and get it under contract you have so many options with assigning the deal to finding a partner with cash. If you get a great deal under contract and show potential partners what the deal can do, you should be able to locate several people that may have an interest and the cash, if any, that may be needed. Keep up the good work. Believe and Achieve! Smiling - Joe