by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
I have been doing “Lonnie Deals” now for 4 1/2 months. I remember reading in one of Lonnie Scruggs’ books [Deals on Wheels and Making Money with Mobile Homes] about how he and his wife did a deal over Christmas one year. I had a similar experience. I...
by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
After a three-month mentoring program with an experienced investor and asking many questions, I have gotten enough courage to find the following deal: I found a home needing to be rehabbed. The seller was asking $120,000. The repairs needed were approximately $4,000 I...
by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
I did eleven “no money down” deals in January. I have bought just about every course and read almost every Success Story. Finally, I decided to share a little of my success with everyone as well. I would like to remain anonymous however. We’ll just...
by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
We did it! After two appraisals and many phone calls, we are set to close on our first real estate investment. We purchased a bank REO (real estate owned) for $15,200 and sold it after a detailed remodel for $42,400. We had the usual bumps and detours with this first...
by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
I was laid off last year from my corporate job of nine years. After a slow start, I found a good mentor program and started getting deals. I was excited to see that I was able to get deals signed up and cash flowing when I’d had so many people telling me this...
by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
Four years ago, I was renting a small, one-bedroom house for $250 per month. The owners informed me that they were seriously thinking about demolishing the houses and building two large rental cottages. I live in a resort area on the North Carolina coast and $250 was...