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

Dean Graziosi 90 Day Challenge Day 12

Hello my name is Gerald Price and I am a Real Estate investor in Rhode Island. This blog is about my experiences using the Dean Graziosi approach to real estate investing, I will be using what I learned from the 3 day workshop I just attended. I'm on day 12  of this 90 day challenge now and I feel closer to making something happen. I have been working on building my power team, creating a buyers list, and finding deals. I just went to walk through a few properties with one of my real estate lawyers on my team and things look good we just have to make an offer at this point. I had my partner run some comps and now it’s time to just work the formulas we learned at the training.  Continue to follow my blog as I update you on my progress of wholesaling my first deal using Dean's system of real estate investing.

I included a link down below to a program I am going to be using to build my Real Estate Investing business website, I personally have invested upwards of $6000 dollars, and two and a half years into learning how to market your business online and this is the best and most afordable option I have found. Check it Out

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 11

Hello fellow investors things are really coming along I went to check out some properties today and I’m going to be making some offers. I’ve really been trying to find some multi-families for the buyer I meet last week. I want to really wholesale him a deal.

I wanted to tell you are about how important it is to network with like minded people, I spoke with a guy last month about helping me take my real estate business online. He was looking to charge me between 3 and 6 thousand to put it everything together. The funny thing about it is I felt it would be worth it. The way I was looking at it is if those efforts bring in one or two deal in a year I can break even. Now this is why networking is important, this lady I meet at the Dean Graziosi 3day workshop Betty, gave me a call and we talked about investing in real estate for about 2 hours or so, I was explaining how I got started with no money and made 28 Grand on my first wholesale deal. Now that’s cool but that is not my point, speaking with here helped me to understand investing a little bit more and I put together some no money down tax lien concepts that we can use. That was cool but that is not my point either, my point is Betty called me up today and told me about a service called SBI they give you a easy way to build websites and also the help with SEO, they have domain names included, and even an auto responder platform for email marketing, and it’s all for $300 bucks a year. Wait there is more if I buy one before Christmas I get one free, so two websites for $300 bucks that also includes hosting as well. It also comes with training on how to build your online business all for $300 bucks a year that’s less than a Dollar a Day. Here is some info about that if you are interested.

 

 

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 10

Hello fellow investors,

Today was a great day things are moving right along and I have a few more short sales coming my way. I went by to visit one of my lawyers today to talk real estate and he told me about a deal he was in the process of buying. So I asked him what was his exit strategy and he said he was looking to buy fix and flip the house. I asked him, how are you financing the deal and he told me with hard money. I proceeded to tell him how I could get transitional funding at 2% w/ a $495 processing fee; and asked him if he would be interested in wholesaling the deal. He said yeah let’s do it and I will slit it with you if you find the end buyer.

Now I tell you this story because I want you to see how, you can use your resources to find deals. I will be basically making the money I am saving him on the deal all because I told him about the leading sources we have through Dean’s system. I will keep you posted on that deal.

On another note I am going to be meeting up with some of the students from the Three Day workshop we took this Saturday the 15^th at 5:30 sharp in Cranston RI. We will be meeting for about an hour and one half; I have my friend from Legal Shield coming to talk about low cost and no cost legal services we can for our real estate business. This will really help with proofing the contracts you will be using on your wholesale deals. Call me if you would like to join us. 401-952-5772

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

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

House For Sale