by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories
I called on an ad in the “for rent” section and believed to have a motivated seller on the other end. I went to see the house, which was located in a nice area. The home was a three-bedroom/one-bathroom that need some updating. The owner had another home...
by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories
I have been lurking on this site for five or six weeks. I executed a couple of mobile home deals as per the numerous postings here, with good results. Then I read Ben Innes-Ker’s $5 Option/$30,000 Profit Success Story last week and decided to run an ad in our...
by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories
I set up all of my single family home rentals on a lease option to purchase basis. Columbus, Ohio is a great market, so typically, a three-day ad is all I need to rent a place. I’ll receive an average of 35 to 40 calls per day while the ad is running. I make it...
by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories
“Lonnie Deals” seemed to be the hot topic on the Creative Real Estate Online Main Real Estate Forum, so I thought I would order Lonnie Scruggs’ book Deals On Wheels and check out mobile home investing. For just $35, what did I have to lose? While...
by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories
I have completed my first creative real estate investment, and I am very grateful to all of you as I have learned so much from the site. Here is the outline of the deal…I bought a 4-unit building in Northern New Hampshire. It was fully occupied, and the agreed...
by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories
Several months ago, I was talking to an owner facing a foreclosure on his home that had considerable equity. He was hoping to refinance and get cash out. However, he was self-employed and could not substantiate any income, so refinance was just not possible.Of course,...
by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories
I received a call one afternoon from a woman named Leanne. She was married with three grown children. She wanted to sell their house, so I went through the process of screening the call and getting the relevant information about the house, the mortgage balances, and...
by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories
This isn’t a rags to riches story. This isn’t to sell books or courses I’ve written. This isn’t to impress you. It isn’t even to feel better about myself or what we’ve accomplished. This is fact, nothing more. JP has requested my...
by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories
To everyone who asked me about bank REOs (real estate owned), this is an answer to all. How do I get REOs? Three ways:1) Most banks in my area sell the REOs through real estate agents. My loyal agent for seven years checks the hot sheet everyday and brings me deals...
by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories
Thanks to Lonnie Scruggs, Ernest Tew, Bill Bronchick, Terry Vaughan, and lots of others for an education I couldn’t have bought in school. I’ve been using ideas from all of you for several deals. Here are a couple examples of how I’m making money...