OfflineIt's been awhile since I posted my deals but this one is special because my son Justin partnered with me !!! This is how exactly how it went !!
1- placed bandit signs out at strategic locations ... Such as the entrance and exit of Walmart !! Yellow with big black sharpie , 18* 24 size sign that says....I BUY HOUSES ANY COND. ###_###_###
Wait for calls .... MANY MANY calls come in.... Document ALL callers and ALL info on lead sheets. Ask
1. Their name 2. Ask where they found your # so you can track your marketing to see what area signs r working the best 3. The property address 4) how many bedrooms/ baths and approx sq footage... Note : you will need this to do your comps to find out the ARV
5) size lot, garage? Basement? One/ 2 story ?
6) general cond and if and what repairs needed
7) WHY r u selling ?
what is your asking price ?
I then asked them for an estimated repair cost if any in THEIR opinion.
As for the WHY R U SELLING I LISTENED to THEIR motivated need and DOCUMENTED in my notes EVERY thing they said. Sometimes I even use my iPhone voice note to record so I don't get writers cramp 
. Their why is so important because there may be MULTIPLE ways you can help these motivated sellers to make it a win / win.
In this particular deal the owners son called me for his 86 yr old mother to say she wants OUT of this property. The property is 3 mobile homes on a 4.25 acre lot !! The tenants had problems with water line and owner got estimates to high to validate keeping and investing further due to her age. Ok so after all my questions I realize I had drove by and inquired about this property 2 yrs ago because it had 2 vacant and one rented so I stopped to ask the tenant about it. I kept all info from 2 yrs ago !!!
While on the call with the son I immediately made a verbal offer of 10 k )
He responded with heck no .... A realtor looked at it and estimated value of 26-30 k !!
I responded with if you need to get full market value then listing with a realtor would be your best avenue but it may take 6-8 mnths to sell !!
Well we then visited the property to find other repairs not known to owner and ended up signing purchase agreement for 13 k !!!!!
AWESOME DEAL !!!!
Visualize adding a little value to all 3 properties and separating the lots to sell EACH property for 5 k down , 500-600 per Mnth for 40 k each on a rent to own with 8% interest EACH !!!!!
Justin and I are tweaking our monopoly game experience !!!
LUV being the banker )
Lessons- negotiation is KEY
due diligence is KEY
Knowing or using a free contractor estimate is KEY
overcoming your fear of making the low offer is KEY
If you haven't learned your WHY for learning and investing in real estate ? Do this exercise www.deangraziosi.com/why
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
Nicely done. Glad Justin got in on this with you. Congrats!
Cathy B
Follow my progress at:
http://www.deangraziosi.com/real-estate-forums/investing-journals/44397/...
Congratulations!
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
Great job and Thanks for sharing
___________________________________________________________________
TC
Miami, FL
My Sellers website: http://www.selltoigwilo.com/
My Buyer Website: http://www.igwiloproperties.com/
My Birddog website: http://www.igwilohousefinder.com/
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TC
Miami Florida
"If you are not doing something that help the universe or God or your family, or YOU, is that something you should still be doing?"-Dean Graziosi
"Each day do one thing to get you closer to your dreams because if you do today what others are not willing to do, then tomorrow you can do those things that others are only dreaming about doing!"- Joe Jurek
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That was great info and step by step on how to do it the right way. I like how you keyed in on listening to the motivations of the seller and the different ways you've recorded and have kept the information. Thanks for sharing!
Moving forward daily will get you to your goals!
"You become what you study" - RTK Rich Dad Poor Dad
http://bulkassets.com
Great job for you and Justin!
Karen
"You're never too old to be what you were meant to be!"
www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...
"Shining Like a Star & Dancing on Sunshine"
"Shoot for the moon! Even if you fall short, you'll still land among the stars!"
Congratulations on another great deal!
Michael
Knowledge is power, but execution trumps knowledge. Tony Robbins
http://www.mdhomeacquisitions.com Seller site
http://www.mdhomeacquisitionsbargainhouses.com Buyer site
http://www.mdhomeacquisitionshousehunter.com Bird Dog Site
http://www.mdlodeals.com Tenant/Buyer site
super wholesaling super cool. congratulations man.... i plan to get my nephew involved with me he just turned 18 ol' uncle walt will show him.
Thanks Cathy!! I am super excited to have Justin be partners on this one!! He has already been getting this property in shape so we can start cash flowing !!
)
Thanks Tammy, TC, !! I been getting crazy response on bandit signs ... Just working the buyers to get some deals sold!!
Thanks MIKE and Karen !! Just getting back into the groove after finishing the house:)) I have to RESTART my momentum and posting here on DG !!! Missed it
Jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
Congrats on your success and Thnak You so much for postin your deal in a step by step manner. I am going to copy and print it so it is right in front of me.
I am also getting involved into wholesaling and have been looking at properties but haven't made any offers yet.
Please continue posting you successess in the same manner you did this one. It works as a footprint which can be followed.
Thanks,
Bimal
Wish Everybody a great success in their Real Estate Business
Deans strategies WORK!!! we just have to follow them step by step. Whenever I step outside of the layed out steps ..... It seems to take longer to profit
))) and one more question I failed to tell you ....to . ALWAYS ask the seller........... Would you take what you owe on the property ?? 90% of the time I get what they owe as they may say ...... ABSOLUTELY NOT because I dont owe anything 
))))) BINGO you just systematically withdrew an answer you would not have gotten if you asked the question differently 
)
LUV this REI game !!!!
Jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
That would be awesome for your nephew to learn real estate from you !! No better feeling than sharing what you learned with a loved one and watching them succeed !!!! This whole site is a family learning from family !!!
Thanks Walt!!!
Jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
So cool working with you kid!!
Congratulations to you both!!
Julie
John and Julie Wakefield
JCW Properties, LLC
Congrats to Father and Son Move keep it moving.
"With God All Things Are Possible Matt. 19:26"
"Give a Man a Dollar he's Rich For The Day, Teach a Man To Make a Dollar
He's Rich For Life" - T. Grant
Thanks and congrats on REigniting your real estate passion !!!!
). Make it happen !!!
I read your bio and see you have read deans book .... Which one was it and I would suggest 30 days to real estate cash.... His latest if you haven't yet. This one has step by step each and every task to do to make cash in 30 days. Keep staying persistent and on this site every day .... Even if just for a couple posts!! STAY ENGAGED or you will fall back into LIFE!!! If you want it bad enough ... All you need is here on this site!!! As you know it's just YOU that has to use what's available here. This site and all the members here want to see YOU succeed !!!!! If I can help you in any way ask
Jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
Hi Jay dont turn back and what a team, you and your son, you both will grow so much!!!!!!!!!!, Jim
jbischoff
Jay,
Congratulations on your deal. My youngest son got his brother and I into REI last fall. It is so cool to work with them - to see them as businessmen and not just my sons; it has been incredible!
The way you gave the specifics of the deal was great. Clear, to the point, and some very instructive tips (which we'll be adding to our process. :9).
We wish many more joint deals for you and Justin!
I love being able to invest with him !! Spending time in Arizona learning REI with him was a AMAZING ! I hope he surpasses me in deals and we will no doubt teach HIS children someday how to invest
)
It was great to see you n John and hopefully we can do a deal or two sometime!! AND let's organize another DG cruise!!!
Jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
Congrats on you and your sons' success! I pray that you guys have many more!
~NickandGen
~Blessed beyond measure and enjoying life to its fullest!~
Great going! Keeping to what Dean teaches, and WAALLAAA... success! Its not rocket science, its all spelled out for people to use. And it WORKS!!
Way to go Jay and Justin!! So happy for you!
~Tammy
Awesome deal Jay
Congratz to both you and Justin!
Real Estate Investor, if you would like the chance to work with me in the US East Coast, send me a PM (Private Message) anytime to see if we are a good fit for each other.
Wishing you abundance,
Ken Siew
Tony and James .....thanks for stopping by and the congrats !! it feels great to get back into the investing saddle !!!! plan on catching FIRE again !!!
good luck in all your deals !!
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
thank you and for sure it must be awesome to be learning and investing with your two boys !! it sure is great for me to be partners with my boy....!! hope you all TEAR IT UP with real estate and share the wealth and the wisdom !!
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
THANK YOU !! as i say i am just getting back to posting some deals i have done.has been awhile since i been on site due to my job work schedule but am super excited to be back sharing and learning !!! hope you two continue to learn and grow in this real estate journey !!!
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
it ABSOLUTELY does work but staying the course is the ultimate force
just DO what is taught and keep doing it and things WILL fall into place .the best part of this deal is partnering with Justin.I hope this one turn out well for him especially.He has made other offers on his own but none accepted and this could be the first of many for him .I know if he puts his mind to it i will be learning from him before long :)EXCITED
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
hey thanks bud,It was great hanging out with you at area managers training and dinner , talking REI !! how is everything going in the big city ? let me know if you are looking to tap into my market here !
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
NOW I called my title company directly and gave them the property description and tax ID #. How did I get this ?? Well 1. Tax lookup .com or your local county website. Actually now I just TEXT my guy at the title company and give him THE info. He IMMEDIATELY STARTS to research and complete the abstract of title : which gives complete history of property and finds any Leins or right of ways or other recorded info on the property. When this is complete then it is time to close and sign all closing documents and pay seller and attorney which includes prorated taxes , rp, tp, recording fees , sale price etc.
In the meantime I am either marketing to rent to own buyers or tenants. If I was goingbto wholesale this then I would have been marketing to my cash buyers AS SOON AS my purchase offer was signed to be able to ASSIGN it BEFORE my inspection period runs out.
Will update soon
Jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
Awsome deal Jay,Nice to hear you and Justin worked together on a deal.
ttyl
Richie
hey Richie great to hear from you !!! yessss it awesome to be investing with Justin !!! i'm sure we will be doing many more deals together !! hope all is well with you and let me know how your investing is going !!
jay
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
CHECK OUT MY JOURNAL http://www.deangraziosi.com/real-estate-forums/investing-journals/20063/...
and even sweeter for partnering with Justin!!!
it doesn't get better than that! ... actually, knowing you it probably will!!
Wishing you both continued success as partners!
Val
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
Just Awesome Jay!
partnering with your son!!! What a win win that is... Do it again
"Don't tell me I can't, Tell me how I can."