Commercial Real Estate Investment Articles

Thank you, CRE Online, for providing such a valuable resource. This site is a blessing for those of us who want to learn from others who are so willing to share their insights.

Just thought that I would share my success story with everybody, since previous success stories have offered me so much inspiration. I am 24 years old and have FINALLY broken into real estate investing. After several years of busting my hump, trying to sell real estate as an agent, I decided to take the long awaited leap and invest myself.

I am very excited to submit our very first real estate investing success story. After raising three children and owning a house of our own, we became heavily in debt from our money mismanagement and ignorance of how to achieve financial stability–to say nothing of abundance creation.

My partner and I formed D & B Assets, LLC to combine our thirty-six years of knowledge of landlording in order to buy distressed houses, fix them, and carry a more hassle-free income stream. Craving more knowledge, we discovered Creative Real Estate Online and decided to invest in further education by attending the annual convention.

I got a call from a guy yesterday who got my name from the local mobile home parts supplier. They mentioned that I buy used mobile homes, and this guy had just bought a new home and was selling his old one. He wanted to make sure he wouldn’t have to pay lot rent on top of his new home payment.

After a couple years of half-hearted attempts at real estate investing, I finally closed my first deal! The first year was spent mostly learning: courses, Creative Real Estate Online, and some one-on-one training.

I own a quadraplex apartment and was finally remodeling the last unit with my husband. The day was nice so we had the front door open. A young couple pulled up and asked if the apartment was going to be for rent and when. They owned a place and were trying to sell with no luck.

Just wanted to post a success story. We just completed our fourth mobile home deal in the last eight months. Here’s how it went: My wife and I were out riding the speed bumps when we spotted a 14×70, 1986 2-bedroom/1-bath mobile home in our favorite park. It was listed by a Realtor we know, so we called and found out the asking price was $8,900.

Last Fall, I started hearing about using your IRA for real estate investing. In the past, I haven’t invested much in retirement accounts because I didn’t think there was much flexibility to invest my cash. Once I heard about the possibilities with a Roth IRA and real estate, I knew I had to try it.

I live in Northern California. I started looking at Creative Real Estate Online in 2001. When I began to explore real estate investing, I had closed a business on the east coast and returned to northern California to care for my mother and support other family members who had cared for her during a long illness.

Nothing motivates a seller like a property that has been on the market a long time. I’d been watching the ads and saw an old office building that was originally listed for $65,000. The property seemed inexpensive for what it offered, so I created a file and added it to my properties to watch.

Well, I finally got my first deal done. I did a lot of things wrong, but I learned a lot, and it ended up “good nuff” (as Lonnie Scruggs would say). I paid too much ($3,500 for a 1983 2/1, 14 x 56), put too much money and work into it ($900), and took too little down and payments too small ($500 down, $175 month).

Our first real “investor deal” was a comedy of errors–that worked! I called a Realtor friend and told her I wanted to get into “flips.” She said, as a matter of fact, she knew of a distressed owner who was ready to commit financial suicide with an investor who was going to steal her house at 1:00pm. Could I come over by 11:00am to view the property.

I wanted to share my first deal with you to keep you encouraged. I have read the CRE Online Success Stories, read books, and attended meetings and seminars. The techniques that you read about on this website and others work if YOU work them.

I did eleven “no money down” deals in January. I have bought just about every course and read almost everySuccess 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 call me Happy in Florida.

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.

Jean Vermillion & Gail Patten are equal partners in VAP, LLC. We started investing in real estate in 2002 by purchasing five single-family homes from one seller all at once with seller financing for the down payment. We went to a bank for a regular loan.

I am no longer a teenager, but I did begin investing in my teens. Here is my story

Just wanted to share my success with your readers. I’d always been interested in real estate investing, but never had the guts to try it (or learn it) until a month and a half ago. I was out with some friends, and one of them was telling us he had just made $7,000 investing in real estate.

I just closed on my first “subject to” deal (my third creative real estate deal) and I now have 30K in equity!

INCREDIBLE! I’m still amazed…I purchased the Carleton Sheets course five years ago, but then got shipped overseas. I just got back to the good ol’ USA in September 2002. I finally started my real estate investing on October 13th.

My husband and I have studied real estate investing for over five years. We have looked at or owned virtually every real estate investment course known to man. Some were good, some were a waste of money. We have worked with a mentor, and he was quite helpful (and still is when we have a question!)

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.

After attending my first Creative Real Estate Online Convention in March 2002, I came home with three programs in hand ready to start my investing career.

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 wasn’t possible.