Commercial Real Estate Investment Articles

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 had purchased a course on buying real estate “subject to.” I had it for three months before I decided to do something with it. After I stopped procrastinating and decided to take action, I was rejected twice before I found a deal.

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.

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!

After a three-month mentoring program with an experienced investor and asking many questions, I have gotten enough courage to find the following deal:

Although I have many others to tell about, I’d like to tell you about my favorite success story. I found a property that had a county code enforcement lien on it, which was for initiating demolition proceedings. The lien was for a little over $1,000. I sent a letter to the owner only because I couldn’t find her phone number. She called me, and we met at the property.

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.

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.

The seller found me from one of my bandit signs I placed on a busy road. The seller has a house she bought from HUD. She lived in it for three years, then let her son move in and take over the mortgage payments. The only problem was he forgot to make them.

When it comes to real estate investing let me tell you that nobody is a bigger procrastinator than me. I first found Creative Real Estate Online in 1998 while doing a search for “creative real estate investing.

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 dirt cheap for a rental.

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.

This post is for all of you that have asked me to share my experiences with you. I hope you find it interesting and inspirational.

Today, I went to the escrow office to pick up the check for my first flip. I got the property under contract for $100,000 and flipped it (double close) to my seller for $123,000. There were a lot moments where I worried a lot about not being able to close the deal.

First of all I would like to say “thank you” for such a great site to share and gather information on such a great business.

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.

It’s time I told my story…To all those who helped me get started back a couple of months ago when I was a newbie: Thank you, thank you, thank you. You know who you are: gals and dudes who were real cool with their time and experience to help me with some questions I had to get me started.

I thought I would take the time to tell you a bit. I went to the CRE Online Convention in Atlanta. I listened to all and bought Ron LeGrand’s material. After several months of preparing and learning, I did a deal.

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.

My partners and I have been searching for handyman specials since late August. After looking at about 40 or 50 properties we ran into a junker that was a bank REO. The property had been on the market for two months when we found it. The price of the property was reduced from $44,900 to $38,900.

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.

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.

Although I have dropped by the CRE Online website every now and then, I have never submitted anything. I am a fence-sitter who has enjoyed some success at real estate investing and also got a little big headed and suffered through a couple of deals that proved to be less than profitable.

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

My name is Derek Pierce, and I live in Alabama. I have just taken one of the biggest steps in my life by becoming a full-time real estate investor. First of all, I always thought that I wanted to be a corporate man and hold a big title with a big company. After about a year with a wireless phone carrier, I discovered that it wasn’t for me.