I havent posted much about what I've been doing, but so far Bird-Dogging has been the route I've taken for now. A broker found me on a Craigslist ad I posted looking for buyers to build my buyers list. She asked me about what I was doing and I explained the wholesaling and assignment of contract techniques I was putting to use. She said that sounded good to get started that way, but wanted to know if I wanted to expand on it with a program they are working on. Essentially they are working with an investment group that is specializing in buying homes in short sales.
Build your buyers list and find motivated sellers in today's rental market
August 23rd, 2009 | posted by Carol StinsonThere has never been a more profitable time to invest in real estate than right now. Pre foreclosures, REO properties, foreclosures and short sale are everywhere. Unfortunately because of the mortgage crisis the banks have made it difficult for buyers to qualify for a mortgage. Therefore there are significantly more properties for sale than there are qualified buyers. Since houses are not selling many struggling homeowners are forced to rent out their properties in an effort to keep up with the mortgage payments.
For the first time...My kids are going school shopping at the mall!!!!!
August 22nd, 2009 | posted by Carol StinsonI must say growing up in the ghetto and struggling to put food on the table is what my life has been for the past 40 years. Now thanks to Dean I am have a ball!!
I will admit that it was rough getting my feet wet in this world we call Real Estate Investing. But now I am riding the waves and having a blast!
When I first bought Dean's book last year I was skeptical at first. my husband and I spent the last $30 we had and ordered the book after seeing Dean on TV. He had inspired us and motivated us to break free from the bondage of "BROKE".
Know Thy Market!! Or Be Killed By Bad Investing!!
August 20th, 2009 | posted by Kimmy2010As most of you are aware, the housing moratorium is lifting on September 15, 2009. This is a key date for investors who have markets where they can buy, rehab and sell right now. It means that if you're doing this type of investing, you want to make sure that you have that house rehabbed and flipped before the flood of foreclosures hit the market again. Otherwise, you could find yourself stuck renting out that rehab. In addition, if you're making offers on properties with the intention of selling in 6 months to a year, you might want to rethink that strategy.
Newbie's First REO Purchase
August 16th, 2009 | posted by lakesideHi everyone! I'm so excited! I started Dean's program a little over a month ago & have found a cute 17 yr old 2br, 1ba, ranch, REO property. It was originally listed for $45,000....with my realtor's help we got the bank to lower it's listing price to $34,500.
SO, MY FIRST OFFER WAS ACCEPTED.....
August 14th, 2009 | posted by larryshousesHey everybody,
Ive been putting alot of work in Since getting the book a month ago, ive attempted to put a few offers in, but agents never responded back and the agents ive been trying to get on my team were not liking my strategy SO.
I went straight to the listing agent and found this house Listed at 144,350. The house has been on the market for about two months with no offers??? and the pictures look great. I called the agent reppin the house, and after asking a few questions, i had found out it was a death in the family and the onwer wanted to relocate.
