Commercial Real Estate Investment Articles

I was a recently laid off tech worker with over 10 years experience in the field. Even when I had a cushy, high-paying job, I never felt I had job security and hated relying on others for a paycheck.

I have been coming to CRE Online for over two years. I have read books, talked to people, partnered with people, and until this past Friday, I have never done a deal. I was the ultimate procrastinator. Well here it is, and if you think you have seen all the reasons a person can be motivated, then read on because I still cannot believe it.

I’ve been reading and learning all I can on this site. After making the decision six months ago to start investing in real estate, I just closed my first deal that netted $13k. I’m thrilled to say the least! CRE Online has been an excellent source of information and has helped me become more creative in my thinking and putting together deals.

I’m really new at this site, but I do want to share a success story with others. “You never know.”

My partner and I just completed our first successful wholesale deal. After having many offers for houses rejected, we finally put a house under contract that had been vacant for about five years and was going to require a pretty substantial repair bill.

First of all, let me thank all who are a part of the Creative Real Estate Online community. The success that I have achieved thus far can be directly attributed to the motivation and advice I have obtained since coming to this site a year and a half ago. I attended the Creative Real Estate Online Convention in March 2002. Let me say that it is a must for anyone wanting to invest in real estate.

As an avid reader of CRE Online Success Stories, I couldn’t wait to post my own! While up late at night with a new baby, I got a chance to see numerous real estate infomercials. I decided to order the Carleton Sheets course and follow the directions on how to get started.

After finding CRE Online, I attended my first real real estate conference the CRE Online Convention in Dallas a couple of years ago. To say it took me places I have never been is an understatement. I now know that an old dog can be taught new tricks.

I have been buying houses since I was twenty and have been reading many books and enjoy your website very much. I have come to one conclusion that is “the smarter the seller, the easier the sale.” I just bought a 16-unit apartment building, and could not believe how great it was.

Let me tell you about an interesting deal I just finished. A year and a half ago, I came across a motivated seller in the form of a little, old man who wanted out of his house. He didn’t want to fool with “pesky Realtors” and just wanted someone to pay cash for his home. He was going to move in with his son.

Dear JP and Terry: I thought I would send you a short note. You are always asking for comments and Success Stories. I have been visiting CRE Online for about a year now. I am an American civilian who has lived and worked in Germany for the last 33 years. I love this site. The information is priceless. There is something for everyone.

Ed Garcia and Terry Vaughan, This letter is long overdue. However, it’s partly your fault for providing such an excellent workshop on creative financing [How to Get Lenders Fighting to Give You Money].

I just completed my first mobile home deal. Here is how it went…

This success story is long overdue and with the help I have got from CRE Online, I hope my story can encourage people in their own journey.

I walked into the mobile home park manager’s office, introduced myself, and spoke like I knew what I was talking about. She gave me a list of homes that were going to be tax auctioned, she gave me a list of repos, she gave me the confirmation that she would basically approve a tenant if I would approve them for a loan.

I finally sold my first mobile home deal last week, and wanted to post a success story, but really this is a story about how important the park managers are to one’s success.

A few months ago, I was looking at the CRE Online website because I have always been interested in real estate investing. There are always several very interesting articles and ideas with which to make money investing in real estate.

I started back in July 2002 trying to learn about creative real estate investing, but I did not go out and make any offers until February 2003. It was not until this week that I got my first deal done and under my belt. One evening, about three weeks ago, I was discussing with my wife the fact that I was frustrated with the “business.”

I made an offer on a duplex that was trashed by one of the tenants, and the owners lived 40 miles away. Apparently, they were overwhelmed by the “problems” caused by the tenants.The asking price was $79,000.

I wanted to give my thanks to Creative Real Estate Online for providing a place for everyone to learn how to do whatever they want in real estate investing. I started doing research when I was in high school. Then I moved out to Florida and kept doing research while I worked as a loan processor.

I already owned eight properties with a partner when I decided that I would like to venture on my own in December 2001. I was finishing my finance degree, working as a server at a Longhorn’s Steak House, and in my first year of marriage. I was not pursuing real estate investing because I just didn’t feel I could make any money, since I would be moving in four months.

Just wanted to let everyone know about my day. I just closed on a 4-bedroom, 2-bath single-family house on five acres with five rented mobile homes on the land. Original asking price was close to $100,000. I saw an ad that said, “just reduced.” Their buyer fell through at the bank, and they wanted to sell quick.

I bought Deals on Wheels back in early part of 2002. I did research by driving the speed bumps in mobile home parks in my area for a couple months. We finally realized we needed to just quit talking and do something.

I just wanted to write and thank Lonnie Scruggs and CRE Online for helping me get started. First, I want to say that I’m one of the biggest skeptics you’ll ever meet. But after ordering and going through Lonnie’s material, I did my first deal!

In June 2001, I had contracted to buy a duplex in a low-income area of town for $100,000 as one of two replacement properties in a 1031 Starker Exchange. After further personal examination of the property’s condition, I consulted with my agent, Jerry, to apprise him of what I’d found. He then “officially” advised me to get out of the deal.