Dean Graziosi 90 Day Challenge Day 16

Hello fellow Investors now that you have your Investor hotline up and running you need to start building your Power Team. You should have already started working on your buyers list, remember you can put me on that buyers list my email is gpricejr@gmail.com and my number is 401-952-5772. Right now I am looking for 3 families under $60k.

Base on our notes from the work shop you should have a mentor, if you are following this blog and you are in contact with me you can check that off. You should also have a real estate attorney, this power team member I covered in the video on Day 14 of my blog. Legal Shield is a very affordable why for you to have top quality attorneys review your contracts and advise you on your legal position.

The third most important member of your power team in my opinion is your General Contractor, now for those of you that are handy you might say a Good Investor friendly Real Estate Agent, and I would agree. However most of the deals you are going to be looking for need work and you need to be able to access the repair cost with little room for error. The wrong repair budget could eat away all of your profits on the deal. Now the Real Estate Agent is important because they help with running comps, this is important because this helps you calculate your ARV or after repair value. Knowing your ARV, and Repair Cost, lets you know how much money you stand to make on the deal.

This should be enough for you to work on, if you need a referral of a Contractor or Real Estate Agent shoot me and email and I will introduce you to the one I use.

Keep taking action things are happening...

Please comment with any tips that would help me...

Thanks
Gerald
401-952-5772

www.rescuehomebuyers.blogspot.com
 
House For Sale

Dean Graziosi 90 Day Challenge Day 15

Hello Readers and fellow Investors today I wanted to review the first steps I took when I started Investing in real estate. After my first 3 day workshop years ago I was advised to find a local REIA meeting, which I did and that is where I meet my first local mentors Don & Craig. I took their wholesaling workshop and that’s how I got started. Don advised me and my partner to get business cards, a business phone number to use for our bandit signs; so that is what we did. Once we started putting up our bandit signs, ”We Buy Houses” the phone started ringing. Four months after that we closed our first wholesale deal for $28,000.

If you are starting your Investment business right now, I first want to tell you that this is the best time to do it. You don’t need a lot of money to get started; you just need a basic step by step plan and some work ethic. I can be one of your mentors to call on when you get stuck and have questions; that is the reason I started this blog. The second step is to get educated, I have great eBooks and websites I uses to stay on top of the latest in real estate investing. Just shoot me a message or email me at gpricejr@gmail.com, put in the subject line “Gerald be my RE Mentor” and I will send you some get books to help you get started.

In closing I am going to leave you with this tip, you need to setup an Auto message phone line for your business. Go to Google Voice to do this for free, then call my number 401-400-4440 and listen to my message. Once you have that number if you can’t afford Bandit Signs use Craigslist and post ads. You also will need to start your buyers list. Put me at the Top of that list, so that any deals you fine send me a message and I will make you an offer if it is a deal. If it is not a deal I will tell you and show you why.

Keep taking action things are happening...

 

Please comment with any tips that would help me...

 

Thanks

Gerald

401-952-5772

www.rescuehomebuyers.blogspot.com

House For Sale

Dean Graziosi 90 Day Challenge Day 14

Hello Fellow Investors,

Today was a good day; I put in a few offers with my agent using Home Path. I guess the property is a Fannie Mae property. It’s a four unit in Pawtucket RI, I offered $79,000 and my agent called and said the bank is looking for highest and best offer. I am going to stick with my current offer. Even though I like the property, I am going to have to stick to my Guns on the $79,000 dollar offer and see what happens.

With this 90 day challenge I am working on better way to market my Real Estate Business online. I am going to be using SBI to create my website, and I found this service to cover all the online Marketing Basics. I also setup my Legal Shield account, because that will cover any legal issues that come up at an affordable rate. I just send out 1000 Probate letters I got from the different City Hall‘s in Rhode Island. Now it’s just time to wait for the leads to come in. This video will give you more info about what legal Shield is. This is a must have service for wholesaling Real Estate.

Watch this short Video

Keep taking action things are happening...

Please comment with any tips that would help me...

Thanks

Gerald
401-952-5772
www.rescuehomebuyers.blogspot.com

House For Sale

Dean Graziosi 90 Day Challenge Day 13

Hello fellow and future Investors, today I had a lot of follow up to do. I am working on about 12 short sales right now and things are picking up. This is great because in today’s real estate market Pre-foreclosures are some the best deals. Now that I have attended the Dean Graziosi 3day event, I have access to funding and that’s going to change my business. Now I will be able to whole sale short sales and not worry about the funding.

Because of the volume of business I’m planning to take on, I had a talk to a lawyer to about drafting some legal doc’s for me. I wanted to have a Services Agreement or Statement of Services created a Power of Attorney, and Master lease drafted. The lawyer told me she would change me $250 per document which totaled $750.00.  This prompted me to contact a friend of mine about Legal Shield. Legal Shield is a pre-paid legal plan that allow me to have unlimited contracts review by an attorney. It also gives me access to unlimited legal advice.

So today I am meeting with my friend Kevin from Legal Shield, he is going to be reviewing the membership with me and a few of the people I meet at the 3day workshop. I invited them to check it out. Well I don’t want you to feel left out, if you could make the meeting this Saturday so I included this link for you review.  

Watch this short Video

Keep taking action things are happening...

Please comment with any tips that would help me...

Thanks

Gerald
401-952-5772
www.rescuehomebuyers.blogspot.com

House For Sale