by Brandon Reynolds | Jan 16, 2009 | Real Estate Investor Success Stories
I just closed on a 1.23 acre parcel that I have been negotiating to buy for the last five or six weeks. The owner had agreed to a price of $8,000 ($2,000 down and $250 per month for 24 months with 0% interest, which Ernest Tew helped me structure). When the title...
by Brandon Reynolds | Jan 16, 2009 | Real Estate Investor Success Stories
Here is a deal I did that made me a nice bit of pocket change. I went to see a house where the lady had seemed mighty motivated over the phone. But, after sitting with her and explaining the details of how I could help her, we both determined that she was not...
by Brandon Reynolds | Jan 16, 2009 | Real Estate Investor Success Stories
Wow, where do I begin. I had a friend that had a property he bought at auction for $13,100. It was 1.3 acres of land with a well and septic on it. He was a friend of the family that had to sell it (estate auction). In any case, he bought it and agreed to let one of...
by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories
I have a great inspirational story about how we purchased our first real estate investment. I hope this will help encourage anyone who is having ignorant opinions forced on them by negative people. I have changed the names of the people involved in case anyone reading...
by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories
The CRE Online Convention in Atlanta was all I needed. I closed my first flip last week. It took me exactly one month from start to finish. On April 9th, I ran an ad that said: Don’t Walk Away From That House! We Buy Cheap Homes and JunkersAny Price, Any...
by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories
I just wanted to send you an email on a recent success I had. I was trying to purchase a home that was up for estate sale. After inspecting the house, I decided I could pay up to $35,000 for the house. So I decided I would offer $30,000, since it was only on the...
by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories
In November 2000, I bought a 1065 square foot, three-bedroom, two-bath house for $40,000. This was on Thursday. I placed a “fixer-upper” ad in paper to run Sunday, asking 58,000. Many people called, and I sent them to look at outside of the house and...
by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories
I have been waiting to invest in real estate for three years. For one reason or another, I was not ready. But I am now and have arrived. I am closing in May on my first real estate investment. I have set a goal to purchase 10 houses and have a cash flow of $300...
by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories
JP, I told you I would write as soon as I conquer that mountain, well here it is! 1. Gas to go look at property – $5.00 2. Earnest Money deposit to Realtor – $1,000 3. Deposit received from my buyer – $500 4. Smile on my face when I received a check...
by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories
Hello everyone! Just thought I would share a (long overdue) success story with all of the wonderful people on this site who have helped me along my way. In January, I put four houses under contract through my Realtor. Each one was scheduled to settle in mid-to-late...
