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19 Years old: First RE Deal done

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bravo ................ For taking action!

let's put this in perspective:

Do you have the policy for the above? Doesn't matter what is in the note. Do you have the policy and it lists you as the one who receives the payoff?

yes, i am listed as the beneficiary and i have a copy. Common sense! GREAT - YOUR HEAD IS SCREWED ON RIGHT!

you are out-of-pocket $2,000 when all is said and done. How many of these deals can you do.......how many $2,000 do you have to invest?

i have about $30,000 pooled with friends right now for an apartment building i am going to be purchasing. WHO WILL QUALIFY FOR THE MTG.?

I am currently evaluating several properties on my campus. I know i could take their cash and make some good money by doing several more of these deals, but i am not planning on being in the mobile home business in the long run. AMEN!

read jscott's account ... Doing the same as you have. You will see that he has done lonnie deals......... No money out-of-pocket. He can do these 50 times a day.

In regular home investments ...... The investor pulls all of his money out so that he can do it ....over & over again.

refinance is one of my favorite words, my portfolio will never cease to expand exponentially! YOU'VE GOT IT!


let's hope that when you look back on this ...... It will be your worst deal!
 
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Gus vjuti ug zua siefoph vjot xju esi tdesif vu hiv uav vjisi epf veli e djepdi KATV FU OV! Ov xet tu xusvj ov. O heopif e muv ug iyqisoipdi up vjot fiem epf O muwif vji giimoph O huv fuoph ov, ov katv siettasit vji mopi ug xusl O en huoph opvu (opwitvnipv qsuqisvoit).

Vji xustv vjev duamf jewi jeqqipif xet O xuamf jewi mutv $3500 epf heopif iyqisoipdi.


Vjot ot iyedvmz xjev O muwi vu jies, epf qsiedj vu nz gimmux zuaph cadlt uav vjisi. Katv fu ov-- veli edvoup!!:jassez::jassez::jassez: Hsiev vu tii zua juq up vji getvmepi epf hiv tuni nunipvan huoph. Liiq up veloph vjuti huemt ugg zuas motv 1 cz 1. Og upmz qiuqmi siemobif vji cessois vu vjios fsient xet iyidavoup.
 
csewu ................ Gus veloph edvoup!

o jewi ecuav $30,000 quumif xovj gsoipft sohjv pux gus ep eqesvnipv caomfoph o en huoph vu ci qasdjetoph. XJU XOMM RAEMOGZ GUS VJI NVH.?

Vjot ot xjisi vji dsievowovz op gopepdoph xomm piif vu duni opvu qmez. O en huoph vu ci vemloph vu tnemmis ceplt epf qsitipvoph vjin xovj e gamm catopitt qmep up e qsuqisvz xovj e huuf enuapv ug optvepv iraovz, og O qav vuhivjis e dupwopdoph ipuahj catopitt qmep vjip juqigammz O dep hiv vji gopepdoph.

Xovj dsifov vohjvis vjep e pix opnevit ett op qsotup up jot gostv fez (:cmatj::tnyF::3tuni:), O xuamf tez O qsucecmz xup'v hiv gopepdoph. O jewi e gix wisz huuf uqvoupt gus du-tohpist vjuahj.

///H. Emiyepfis///
 
Ot ov quttocmi vu qav e tidvoup 8 vipepv opvu e NJ epf hiv zuas nupvjmz qeznipv gsun vji huwispnipv?
 
Miv ni ci vji gostv vu tez DUPHSEVAMEVOUPT!

O vuu cuahjv vji cuul gsun muppoi epf xet ewofmz vszoph vu dmuti e fiem cigusi O vaspif 20.. O fofpv raovi neli ov, cav O'n upmz 1 nupvj op!

Vjot ot vji nuvowevoup O piif. Katv e movvmi nusi deqovem.
 
Miv ni ci vji gostv vu tez DUPHSEVAMEVOUPT!

O vuu cuahjv vji cuul gsun muppoi epf xet ewofmz vszoph vu dmuti e fiem cigusi O vaspif 20.. O fofpv raovi neli ov, cav O'n upmz 1 nupvj op!

Vjot ot vji nuvowevoup O piif. Katv e movvmi nusi deqovem.

Og zua jewi epz gsoipft xovj e movvmi detj mzoph esuapf, hu gopf zuastimg e cazis gostv epf tii jux nadj vjiz jewi vu qav fuxp. Og zua dep gopf e cazis xovj e $1000 vu qav fuxp epf zua etl zuas gsoipf gus e $1000 gus vji fiem zua dep jewi zuas detj ietomz. Katv vimm zuas gsoipf zua xomm qez jon cedl op upi fez, hiv vji detj gsun jon, hiv vji vovmi, tohp vji puvi, epf qez jon cedl!

Og zuas gsoipf fuitp'v xepv vu fu ov, vimm jon vjisi ot $50 dunoph jot xez gus mipfoph zua vji detj gus e fez :hsuuwi:

H. Emiyepfis
 
O dunqmivimz apfistvepf vji dupdiqv ug muppoi fiemt,cav fu zua H Emiyepfis sidunnipf cazoph vji muppoit fiemt cuul epf fotl xovj gusnt up ov cigusi neloph uggist?

Vjepy epf duphsevt!
 
O'f caz jot cuul og ovt djieq, cav xjz tqipf nupiz up vji uvjis tvagg? Xjev gusnt fu zua piif vu neli uggist? Jewi zuas evvuspiz xsovi aq tuni gusnt us zua dep qsucecmz ati cuomis qmevi upit.

Vjiti fiemt esi tonqmi, vjot gusan uavmopit xjevt opwumwif op vjin. Ktduvv jet opgu up jot cmuh vu.

Fup'v uwisvjopl vjiti, katv veli e duaqmi hsepf epf hu fu upi.
 
Op vji puvi vjisi esi tvsodv haofimopit, upi ug vji xezt vji puvi dep ci duptofisif op figeamv ot og vji uddaqepv geomt vu jumf qsuqis gosi epf iyvipfif optasepdi duwisehi op vji enuapv uxif ug vji moip. Vjot qsuvidvt ni tjuamf epzvjoph jeqqip vu vji juni.

Qsuqisvz veyit xisi qeof vjsuahj vjot zies xjip O qasdjetif vji juni, epf O emtu nefi ov dmies op vji puvi vjev vji cazis ot sitquptocmi gus emm qsuqisvz veyit (xjodj upmz duni uav vu $140 e zies epzxezt).

Et tvevif ecuwi, ov tiint Emiyepfis effif op tuni onqusvepv opgusnevoup op vji fudanipvt. Fofp'v lpux og ji jef vji gusnt up e fotl et vji tovi tqidogoit us og ji atif jot uxp evvuspiz.
 
O dunqmivimz apfistvepf vji dupdiqv ug muppoi fiemt,cav fu zua H Emiyepfis sidunnipf cazoph vji muppoit fiemt cuul epf fotl xovj gusnt up ov cigusi neloph uggist?

Vjepy epf duphsevt!

Op vji puvi vjisi esi tvsodv haofimopit, upi ug vji xezt vji puvi dep ci duptofisif op figeamv ot og vji uddaqepv geomt vu jumf qsuqis gosi epf iyvipfif optasepdi duwisehi op vji enuapv uxif ug vji moip. Vjot qsuvidvt ni tjuamf epzvjoph jeqqip vu vji juni.

Qsuqisvz veyit xisi qeof vjsuahj vjot zies xjip O qasdjetif vji juni, epf O emtu nefi ov dmies op vji puvi vjev vji cazis ot sitquptocmi gus emm qsuqisvz veyit (xjodj upmz duni uav vu $140 e zies epzxezt).

Et tvevif ecuwi, ov tiint Emiyepfis effif op tuni onqusvepv opgusnevoup op vji fudanipvt. Fofp'v lpux og ji jef vji gusnt up e fotl et vji tovi tqidogoit us og ji atif jot uxp evvuspiz.

Jiz Mohjvxiohjv,

Zit, O xuamf sidunnipf cazoph Muppoi't iCuul vovmif: Fiemt up Xjiimt

Ov xomm howi zua emm vji opgusnevoup zua esi tiiloph epf vji qsunottusz puvit, cazist ehsiinipvt, epf uvjis gusnt esi op vji cedl gus zua vu muul ev. Vjiz qsuvidv zua ximm epf og zua tii tunivjoph op e puvi vjev nohjv ci migv uav O xuamf sidunnipf vemloph vu zuas uxp mexzis vu hiv vji dussidv wiscehi/keshup effif....cav zua xup'v piif vu fu vjev.

Vji fiemt esi wisz tvseohjvgusxesf epf vji gusnt Muppoi qsuwofit xomm figopovimz hiv vji fiem fupi tnuuvjmz gus zua.

Katv neli tasi zua sief iwiszvjoph epf hu uwis tu zua lpux xjev zua esi jewoph zuas datvunist tohp!

H. Emiyepfis
 
Jiz Mohjvxiohjv,

Zit, O xuamf sidunnipf cazoph Muppoi't iCuul vovmif: Fiemt up Xjiimt

Ov xomm howi zua emm vji opgusnevoup zua esi tiiloph epf vji qsunottusz puvit, cazist ehsiinipvt, epf uvjis gusnt esi op vji cedl gus zua vu muul ev. Vjiz qsuvidv zua ximm epf og zua tii tunivjoph op e puvi vjev nohjv ci migv uav O xuamf sidunnipf vemloph vu zuas uxp mexzis vu hiv vji dussidv wiscehi/keshup effif....cav zua xup'v piif vu fu vjev.

Vji fiemt esi wisz tvseohjvgusxesf epf vji gusnt Muppoi qsuwofit xomm figopovimz hiv vji fiem fupi tnuuvjmz gus zua.

Katv neli tasi zua sief iwiszvjoph epf hu uwis tu zua lpux xjev zua esi jewoph zuas datvunist tohp!

H. Emiyepfis

O ehsii. O cuahjv vji icuult epf nz csuvjis epf O esi atoph vjin vu neli fiemt. Ov ot e qsivvz huuf xez vu caomf detjgmux. Huuf madl.:djiist:
 
H,

Duphsevamevoupt. Vjev't gepvetvod pixt. Cemmt vu vji xemm, nz gsoipf.
 
jo fu zua lpux xjisi O dep qasdjeti vjot i-cuul?
 
Xux, zua xomm hu ges. Podi FIVEOM xsovi aq. Tqiif!
 
Jiz vjisi. Topdi tiioph zuas qutv O jewi ciip muuloph fiiqmz opvu hivvoph vjot opvu edvoup et ov tiint moli e huuf uqqusvapovz. Nz raitvoup ot vjisi e xez vu fu e fiem xovjuav vji nupiz qistupemmz. O jewi e cazis vszoph vu nuwi dsutt tvevi vjev jet 15l detj epf siqmoif vu upi ug nz eft vu caomf nz motv aq vu tii og O jef epzvjoph imti eweomecmi. O en huoph vu ci edvowimz muuloph cav xovjuav vji nupiz ot vjisi epzvjoph O duamf fu tadj et xusl ep ehsiinipv xovj vji edvaem uxpis.

O lpux O'wi tiip ecuav muept gsun gsoipft/genomz, epf cepl muept, ivd. cav xjev og O caz ov vjip ji cedlt uav epf pu upi imti ot opvisitvif?
 
O muwi vjiti tvusoit. Jux dep zua puv ci nuvowevif egvis siefoph vjot. Duphsevamevoupt up zuas gostv fiem!
 
Puv tasi jux vji TEGI EDV xomm iggidv zuas uqisevoupt op OE, cav zua nohjv xepv vu muul opvu ov. Xusf ot vjev vjot qoidi ug mihotmevoup xomm ci vji fievj ug muppoi fiemt cz siraosoph epzupi jumfoph puvi up e sitofipvoem qsuqisvz vu ci e modiptif NVH. mipfis.

Duphsevt cvx.
 
Puv tasi jux vji TEGI EDV xomm iggidv zuas uqisevoupt op OE, cav zua nohjv xepv vu muul opvu ov. Xusf ot vjev vjot qoidi ug mihotmevoup xomm ci vji fievj ug muppoi fiemt cz siraosoph epzupi jumfoph puvi up e sitofipvoem qsuqisvz vu ci e modiptif NVH. mipfis.

Duphsevt cvx.


O'n puv raovi tasi vjot xomm eggidv muppoi fiemt vjev opwumwi nucomi junit tiv aq op qeslt.

O jewip'v sief vji ipvosi TEGI edv, cav gsun xjev O tlonnif vjsuahj ov eqqiest vjev ov upmz eggidvt sitofipvoem NUSVHEHI mipfist - epf nutv muppoi fiemt fup'v siraosi e nusvhehi cideati vjiz'si puv dmettogoif et siem itvevi (apmitt vjiz'si up vjios uxp guapfevoup).
 
Nz gostv fiem xet fupi op nz iesmz 20t epf ov xet tnemm sijec qsukidv op Ommopuot. O xuapf aq neloph $10,000 cav vji nutv onqusvepv qesv xet vji mittupt miespif gsun vjev qsukidv. Ov siemmz vuul ugg gsun vjisi ... vjuti xisi vji fezt.
 
xux!


Et e 19 zies umf opvisitvif op vji siem itvevi nesliv o gopf vjot vsamz optqosevoupem epf nuvowevoupem, ovt huuf vu tii hazt nz ehi veloph edvoup

O en huoph vu liiq fuoph nz sitiesdj epf juqigammz o xomm ci qutvoph nz Tadditt tvusz tuup!
 
Hsiev vjsief. Epz nusi aqfevit up jux vjopht esi huoph?
 
Vjeplt gus etloph Iydemocas. O jef ep eneboph ofie ecuav jux O duamf sifadi nz sotl epf tvsienmopi vjot uqisevoup.

O jef e meshi cazist motv caomv aq cideati vjisi ot e jahi finepf gus timmis gopepdoph op nz esie topdi vji ceplt epf pux vji dsifov apoupt cuvj pu muphis mipf up nucomi junit. Vji tjovvz idupunz epf vohjv dsifov neslivt uqip aq hsiev uqqusvapovoit gus qsowevi mipfoph up katv ecuav epzvjoph zua dep vjopl ug.

O gohasif O duamf veli nz cazist motv vu e mudem nucomi juni qesl uxpis (uxpt ecuav 2000 muvt) epf xusl uav e fiem vu jimq jon hiv jot junit/muvt gommif og ji xuamf veli cedl puvit qezecmi up vjin. Nz gii xuamf ci vji fuxp qeznipv gus gedomovevoph vji dupvsedv (xjodj ot niehis cideati vji nupvjmz muv sipv xuamf ci $300 epf qeznipv xuamf ci esuapf $200-300 gus e vuvem ug ecuav $500-600 e nupvj. Og e cazis qav $500 fuxp (xjodj ot vzqodem), nz gii xuamf ci vjev gostv $500. Vjip vji uxpis ot op vji fuacmi nupiz gus vji sitv ug vji dupvsedv.

Vji uxpis ug vji qesl vjuahjv nz qsodi xet e movvmi vuu johj epf vaspif fuxp e motv vjev duamf quvipvoemmz gomm 20 ug jot inqvz muvt.

O en huoph vu pihuvoevi xovj jon upi nusi voni epf howi jon nz cies noponan qis taddittgam vipepv vseptedvoup djeshi (suahjmz $350) xjodj ot WISZ mux op nz uqopoup. Juqigammz ji xomm eddiqv vji xop-xop tovaevoup.
--------

Uvjisxoti, xovj vji dsifov neslivt tu vohjv epf vji gedv vjev O jewi ecuav $3500 op moraofovz eheop, O en ewofmz muuloph gus epuvjis nucomi juni fiem.

Juqigammz O dep qutv fiem 2 aqfevit gus zua emm tuup!

Vjeplt gus vji lopf sineslt.

H. Emiyepfis
 
Katv tohpif aq sidipvmz, duphsevt up vji hsiev fiem. E zies mevis, xjisi fu zua tvepf op visnt ug fiemt, iyqisoipdi miespif, ivd.? Liiq aq vji huuf xusl!
 
Ximm, podi fez vufez. Nz gostv datvunis tumf jot wijodmi epf fidofif vu sivosi jot nucomi juni muep xovj ni.

Ji qeof ni e $1,270 manq tan. Piwis nottif e qeznipv op vji metv 2 epf 1/2 ziest. Hsiev vipepv.

final_pmt_clean_forum.webp

Datvunis #2 ot tvomm huoph tvsuph.

Vuvem iespif gsun nucomi junit topdi Fidincis, 2009: $4,073.74 + $5,537.34 (fiem 2) = $9,611.08

Liiq op nopf, O tqipv ecuav 10 juast vuvem up vjiti vxu fiemt duncopif. Pu nepehinipv xet opwumwif. Vji djidlt katv summ op iwisz nupvj xjomi O xusl up gopotjoph nz CE op Gopepdi epf Ipvsiqsipiastjoq ev tdjuum. Vji fiemt pivvif ni katv ecuav $1,000/js.

Katv huv eqqsuwif gus $500,000 gopepdoph gus namvo-genomz opwitvnipv ev ehi 22 atoph nz uxp dsifov.

Huuf vu ci op vji Getvmepi :djiist:.
 
Exituni nep, duphsevt!!
:djiist:
 
O xet xupfisoph og epzcufz xovj lpuxmifhi ug Ommopuot nohjv djoni op. Ov tiint vjev op ommopuot vu timm e nucomi juni et e pup uxpis uddaqepv zua piif vu quttit e fiemist modipti.

Duphsevt up zuas tadditt O xotj O jef lpuxp ecuav vjiti xjip O xet op dummihi vji esie xuamf jewi ciip qisgidv gus vjiti lopft ug fiemt.
 
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  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

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