5th deal after joining success academy !!!!

i like to give credit where it is deserved and you most definately deserve it. Congratulations and Keep up the good work. Your imprint into the game makes the steps that much more achievable for those that follow and we appreciate you trail blazer along with the other Great Rei

Best Regards,
Shane Gore

my first deal was after talking with coaches and learning what to look for on the pmi training courses.I did everything the course suggested such as learn my area in regards to what was selling and what properties were going for.i went to the court house and got to know all the people there.i asked MANY questions there and learned first names and wrote them down so i didnt forget[i have a short memory].i then went across the hall to the tax dept and got copies of my towns tax map.i believe it was $5 per huge sheet.with the prop trend program that i got from the success academy i started looking up parcels that were for sale or that had sold.i wrote down all the info and even wrote on the tax map the owners name and any info on that property.
funny thing is the first property i bought was in a different town 45 minutes away actually where i work.
AFTER interviewing real estate agents as learned through the academy and documenting their names and brokers they work for i called on one to show me the property.after making an offer on this single family home.asking price dropped from 39000 down to 30000.I OFFERED 21500 FOR it.i will add that an empty lot came with this property[more on this later]. actually i made offers on many properties in a few days.THE offer of 21500 was accepted.I would like to state that i first did an inspection before i made the offer.the basement wall needed repair.
After doing a second inspection with the realtor i noticed a leak in the water tank and the fuel tank.I told the realtor i would only give 21000 ,500 off to cover the other problems.the owner said no and i stated i made many other offers on other properties so i would move on.the realtor knowing this probably nudged the owner and awhile later they said ok. DONE DEAL.
IMMEDIATELY i started advertising in the local paper for free and on craigslist a house for 5000 down and pymnts-total price 38000.
my buyers list was started when many prospects called to inquire.I KEPT ALL the info from every caller and put down what each had for a down payment if any and asked what they could offord for a mnthly pymn also what and where they were looking for.
found a buyer for 38000 for the house i had not even closed on yet.I got the key from the real estate agent [which is a no no] and i had the potential buyer look at it.these people WANTED IT.soooooo i asked about the down payment and they did not have one so i asked what they had to trade in that was worth anything.They told me they had a 2006 astro manufactured home-28*48.
After closing we signed a land contract for 38000-2000 allowed for the manufactured home with 18000 left to pay to me for the next 7 yrs.
deal # 1 was buying the sfh and deal # 2 was selling deal # 1.
i will post deal # 3 and 4 when i get time this evening hopefully.
the next deal is selling the empty lot that came with sfh and deal # 4 will be selling the manufactured home that i took in trade on sfh.
jay

Congratulations on your fifth deal, way to go! It is always great to read about other DG Members deals because I believe they are very inspiring. Keep up the good work and keep us posted on future real estate deals. Believe and Achieve! - Joe

Way to go!!! The DG Success Academy rocks and so do you!!!

I'm waiting for a closing date for my first assignment deal. If I close, I'm using the money to go to the LIVE event. I'll look you up!!!

Great job.

Sharon

i appreciate your support and enthusiasm .i love this real estate stuff!!!!! i hope your goals are in site with real estate and wish you the best !!!
thanks
jay

earl,lea and brandon ,sorry for taking so long my wireless goes in and out when i am typing and i have to start all over again.thank you so much for the encouragement and backing you people are awesome.cant wait to meet you all at the edge event and talk real estate!!!and learn more.
my 5th deal is a short term funding deal but i will let rina explain the details as she is an amazing teacher and people person.not to mention the best at HELPING people!!! I DONT KNOW WHERE SHE finds all the hrs in a day.

thanks for the kudos brandon
chip and andrea-congratulations to you both for your achievements you both have inspired me with your actions.seen your video and cant wait to meet you both also at the edge and glad to be part of the dg family with you
jay

Good reading...keep going....dom

my third deal was the sale of the empty lot that came with deal # 1.The lot is right next door to the sfh.i was talking to the people that bought the sfh from me and i told them i was going to advertise the empty lot next door and they said what do you want for it? I asked them if they were interested and they told me they were but did not have any money down but could afford monthly payments.i asked how much can u afford per mnth and they said 200 per mnth.NOW THIS IS PROOF YOU CAN BUY A PROPERTY WITH NO MONEY DOWN !!! as i looked at my little small mortgage book that i bought for 5 dollars and found i could sell this lot to them for 0 down but could pocket a monthly payment of passive income after talking to them in 10 minutes!!!!
I said would you be willing to own this lot for payments of 176.80 per mnth NO MONEY DOWN for the next 7 yrs at 8% to me??? absolutely they said as 200 per mnth was what they could afford.sooooo it was a win win for both of us!!!! we had contract drawn up as land contract and it was a done deal!!!!
IF you are still looking for your first deal PLEASE PLEASE just keep studying and asking questions as i did and DO IT!!! get out there and MAKE IT HAPPEN ! we are all on this site to HELP YOU get that one under your belt .I am confident after you do the first one each one will undoubtly get a little easier because you will gain an enourmous amount of CONFIDENCE and knowledge.there are soooo many great people on here to guide you to the direction you need they do not know an asnwer!!! sooooo take action you will be glad you did!!!!! I AM
jay

jason:thank you for the positive uplifting keep rocking rei!!

cathy, will def see you at the edge and cant wait to meet you!! thanks

sandra: you are also very inspiring and congratulations to YOU !!!!

gena:thank you and way to go getting this far to your 5 th deal .the #5 one is a big one for us as the refund is the light at the end when thinking about ordering the course and talking to the coaches at first but now IS ONLY THE BEGINNING of MANY more deals .

(Congrats on deals 1,2,3,4,5, and 6,7,8 in the works!)

A few weeks ago Jay sort of contacted me out of the blue. He had a few other deals in the works, so could have been working on only those, but he saw that I had said I was working on some fast flips and he saw opportunity. He PMed me to ask if I wanted to work together on a deal. We determined what each of us would contribute. He had a couple lines of credit that he wasn't currently using (and actually got the banks to raise the same week with just a phonecall!) I locked up a great deal here and he became the money partner (paid $15K and put in $15K for rehab). We were able to buy and fix the property (a 2/1), get a refi, and was able to send his $ back with his part of the proceeds, within just a few weeks. I am keeping the property as a rental, and Jay made some fast cash (all without either of us technically using any of our own money!!). PLUS, even more important, we have built a trusting relationship that will just continue to make both of us money in the future!! LOVE that! All because Jay was willing to take a chance on working with each other with the skills/resources we each had. (TRUST is HUGE in this business)(and we started small. )

This is yet more proof that anyone can find a partner that has what you are looking for if you can offer a great deal! (and remember, neither one of us used our own money!) So I encourage everyone to get out there, find those partners if you need to, and MAKE things happen! You can do it!!

And thanks again Jay! Congrats on the other ones you have in the works!! YOU ROCK!!! And I know you will just keep making deals happen!! You've shown creativity and tenacity on each of your deals, and you just keep sharpening your skills.

Rina

Jay congrats on the 5 deals... you have to be pumped and it shows in your attitude and words. I joined the DG SA just in November and I'm into my second deal. It does take some work but the rewards are, as you say, "AWESOME!!!" Thanks for sharing!

That is AWESOME news Jay!!! I am so glad to hear that another DG student made it happen... again!!! The cruise was just the beginning of what awaits you when you take all that Dean has to offer and take action!!

Keep up the great work

I WANT TO THANK EACH AND EVERYONE THAT RESPONDED WITH ENCOURAGEMENT AND SUPPORT!! you all are one great support team and i am grateful to be a part of this dg.com team!! thank you Rina for explaining my 5th deal as you r great with people AND words!!cant wait to keep working with you!!
thank you again
jay

deal # 4 for me was the sale of the 2006 astro manufactured home that i took in on trade or down payment on deal # 1.I allowed 20000 for it and advertised it for 38000 then 35000 then i sold it for 23000 to a mobile home park owner that is NOW a dg.com member!!! .while signing the papers for the purchase i explained what dg.com and the success academy was all about and they joined!!!!!!! AND I AM NOT SO SURE THAT THEY JOINED THE ACADEMY!!! they got a great deal on this 28*48 home that was already set up in their park and i am sure they will LOVE dg.com!!! AND i made a quick profit of 3000.!!!!!!!! win/win for both of us. take action get in the game and things do happen like magic as matt larson stated!!!
have a great day!!
jay

congrats on your 5th deal

I would like to here more about this deals how it was structured

And did you get your refund back!!!!

Congratulations and keep taking action.

Great job! Don't stop now!

Way to go! You did it! Congratulations on your 5th deal. What is your next goal?

Lisa

jc:sorry it took so long to respond,i want to thank you for stopping by and DONT let the neg people take you down.YOU CAN SUCCEED as you have seen here many times.you are the next to take action and see RESULTS do it today as we are behind you all the way!!

c credit: thanks for the encouragement and i wish you well on all your deals.its great to have so many dgers pushing you forward!!
jay

Jan:again sorry it took so long to respond! cant wait to meet you and jeremy and talk rei.i will be down ther in april so i will pm u to make sure we can get together! thanks for your support and i also will be asking u alot of questions to learn all i can from u two!! congrats on your book appearance you deserve it!! great job

Rina:what else can i say but thank you for some amazingly smooth transactions and business partner.hope to be the beginning of MANY more fantastic deals!!!YOUR AWESOME !!

LAURA: i need to catch up on your journal as i just skipped to the end because i am limited on time today but am soooooooo excited for you in what is and will be an incredible future for you in real estate and life !! am proud of you to hear you looked fear in the face and QUIT to move to wisconsin and climb the ladder to the top !!!!!! you go girl!!! cant be any happier for you!!!!! AWESOME !!
JAY

max: thank you and you WILL get thereand you WILL go on that honeymoon.just keep that goal in your mind every day and VERY soon it WILL HAPPEN !! and i want to be one of the people to congratulate you when it DOES !!
jay

jeremy:hey pal i cant wait to meet you and jan to congratulate you in person for the accomplishment that you have achieved thus far!! it will be truly fantastic to talk rei with you two. as i told jan in last few posts that i will be in herkimer in april [will let u know exact date] and hope u can make it up to meet!!

teferi: thank you for your support and kind comments ,hope to hear great things from you on your rei deals soon!!

jay

robin: yes it does give each of us hope and that is why dg.com is so great,there is not only hope and support but real life help ,knowledge,encouragement and CAN DO TAKE CHARGE people pushing and directing you to take that step to make a deal no matter what you feel.yes you can do it and you WILL if you make the decision to TODAY!! every dg .com person is here to help you along the way JUST DO IT!!! robin !!

Isnt it awesome when you think back to when you started...and now look at you!
Racking up the deals, getting your tuition money back, and being the inspiration to so many! Gotta love this business and this site!!! Never have I encountered such a group of people who want each other to be successful and do everything they can to help each other get there! Amazing

curt : thank you for responding with well wishes i wish nothing but success to you !!

ed: also thanks for your positive encouragement .the details of my deals are in my journal .check them out i will paste in next post k

warren:stop by my journal ,its great to hear so many people that wants you to succeed.people such as you make this journey all worth it knowing we all have the same path that we want [to learn,help people and succeed!!] thanks again

suzanne: yes you are ON YOUR WAY keep at it no matter what .keep studying and thinking real estate and esp take some action every day !! [the knowledge and luck what i do have] is yours as long as you return it back with what you will gain in the near future k? deal ? thanks for your support!!

notchout [anita] i appreciate the push to success !! please accept my return appreciation and also wish YOU THE BEST in each and every deal you take on!!

west (joe b ): thank you and keep plugging until you complete that first deal!! after that it will only get easier for you.I know it will not be long for you and more deals will be coming in faster than you can imagine!! as for the details of my deals check out journal. thanks joe!!

shane: thanks for your giving spirit!! keep at this rei and you will soon be achieving success as well.i bet that little girl is proud of her dad!! i also love music and sports ....basketball esp!! dont give up eating breathing and thinking real estate and soon your financials will be a SLAM DUNK !!!!!

INDIANA JOE : thanks for you support and never ending inspiration!! cant wait to detail even more news of future deals .as you say they r inspiring and we can all learn something from each other!! i love your positive mental attitude and ACTIONS in everything you do !!!

brooksha (sharon ): thank you and YOU ROCK TOO !! congratulations on your first deal [assignment]? coooool and to use the profit to attend the edge event? YEAH BABY!!! that is AWESOME you must be super excited !!! great job !!

Jay I am loving your attitude in encouraging others towards success. That is the key... taking people to the top with you.

Getting RICH flipping houses does NOT take money or skill it takes GUTS!!! You have shown that you have the GUTS or Kahunas (like homeless in MD says) to make it happen.... Now go do it again:-)

talk about guts? !!!! i believe you are the poster child for guts !! you are an inspiration to every dg member i believe !! i havent been able to get to talk or write to you but wanted to get back to you and congratulate you on all your success!! thank you for all your success encouragement and i cant wait to meet you at the edge!!
jay

ryan: thanks for the kudos and thank you for teaching and giving advice and knowledge back to us HUNGRY students!!

rickym:thank you and YESSSS i will keep taking action with every new piece of knowledge that i gain from any avenue that is available!!

cbpower: you raised the bar for all to follow and we are taking that challenge.thank you for offering that challenge and for supporting us along the way.you know what it takes because you have been there!! AND NO WAY AM I STOPPING NOW!!

instafford:lisa- thanks for your encouragement !! my short term goal now is to make 3 more deals to make it 8 before the edge conference!! i have 3 more in site but have to bust to complete!! workin it though!!
jay

just wanted to clarify i have not yet got my refund back.i JUST sent in about 1-2 weeks ago the FINAL paperwork on last deal .i have the 5 deals done but i am sure it will take time for it to be reviewedand maybe sent to dean?? not really sure how the process works but will notify you all when i hear4 more on it ok? in the meantime i am still actively looking to turn deals and make things happen !!! thank you all for all the support you great dg people give!!
jay