by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I purchased tax certificates in Waterloo and Harlan County, Iowa, and the profit margin was substantial. I must state here that I am not an accountant nor a bookkeeper, so I can’t give you exact percentages and figures. But in Harlan, Iowa, I invested about...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
You gotta love bank foreclosures! Recently, my partner and I purchased a two-family home from a bank, post-foreclosure. Prior to the foreclosure, the bank was trying to sell the property for $133,000 (the outstanding mortgage). No offers. They then took the property...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I wrote you before about a success story that made me over $20K in 30 days and I had to share another one with you. [See $23,000 Profit in Less Than 30 Days.] I purchased a two-family house at the local tax auction for $6,500 last month. Fourteen days later, I sold it...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I made a lot of mistakes on this deal, but still ended up with $16,000 in equity and a $300 monthly cash flow. I purchased a 4-bedroom fixer from FNMA for $34,500. My first mistake was I spent too much on repairs to the tune of $20,000. So now I was into the property...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I got a call from another member of our REIA [Real Estate Investment Association] group in another county, and he said someone had just called him wanting to sell their house and 1.5 acres for $15,000–quick sale! As soon as I hung up the phone, I called the...
