Commercial Real Estate Investment Articles

This might be helpful for someone starting out…I began learning about real estate investing January 2000. By August or September, I felt comfortable enough to take the plunge. During that time I got a partner, saved money, and secured financing. A note on our financing – it is at 12%, no points, simple interest, no payments until we sell the house. We can get a check with one day’s notice, and is secured by a Deed to Secure Debt.

First of all, it has taken me a long time to submit this success story. The reason why it has taken so long, is that I never thought that what I did was anything out of the ordinary. I have had hearing problems all my life, becoming deaf in my left ear by the time I was 10 and having worn hearing aids in my right ear since I was 8. I have had a great deal of difficulty on the phone since about 1990, and thus have had others making calls for me.

Here is my short success story, small but hugely exciting for me. I ordered Ron LeGrand’s Cash Flow Systems around October 2000. Read the material, went through my doubts, and then really started around December 2000.

I bought a house that was in foreclosure in June 2000. I paid $2,000 to catch it up. The unpaid balance was $22,000. There were tenants, who were paying $480 per month rent. The loan payment was $220 per month. Every month I had a positive cash flow of $260, which I earned from June 2000 to March 2001.

As a licensed real estate broker, I thought I had learned all the angles about buying real estate. Boy was I wrong. Thanks to Ed Garcia and Terry Vaughan, the How To Get Lenders Fighting To Give You Money Workshop has opened my eyes.

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.

In December 2000, I purchased Bill Bronchick’s How to Create a Real Estate Cash Cow course and had listened to the tapes, and then attended his Business Organization seminar.

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 this happens to know any of them.

I know that fear is not from God, but I am walking away from a profession that I have been in now for the last 16 years. About three years ago, I sat at my desk wanting an opportunity to create freedom of time, wealth, happiness and, more importantly, choices in my life. I asked for direction for these things and I was led to real estate investing.

I’ve been pretty quiet lately, really hustling at building my business. I just thought I would drop a line about a recent success I had.

or seventeen years, I was a “company man.” But with each passing year, I was becoming more disillusioned with the corporate lifestyle. After watching many friends and family members lose jobs due to plant closings and “right-sizing,” I decided that NOW was the time to take control of my future BEFORE someone else took care of it for me.

This is a real estate investing success story form a part-time “oldie” who finally found that little diamond in the rough. The opportunity came from my involvement in tax lien certificates.

After seeing a recent post on the Main Real Estate Forum, I thought it may be nice to share what I have been able to accomplish as a new investor working the real estate investing arena part time while holding a full-time job in the military. The six deals I will outline all took place in a 58-day span working part-time hours.

On a Thursday, I looked in the paper under “investment property.” The ad read: “Great income potential, 3-4 family apartment $18,500, needs work.” So I called the number and went to look at it. The apartment did need some work. I went home, punched some numbers, and saw that I could make a lot of money on the rentals (two 2 bedrooms and one 1 bedroom).

I have owned rental property for twelve years now. Just collecting rents and doing what “investors” have done forever: Letting my tenants pay my mortgages and build my equity.

This success story has a few beginning points. This whole process makes more sense when you know what those points are

All the appear to be written by men, and women only come into it as partners in the deals. I’m not walking out of closings with money-back checks. I’m not doing simultaneous closings and being paid for being in the right place with the right knowledge.

I thoroughly enjoy reading about other newcomers’ successes and figured I’d share ours. I’ve read and thought about real estate investing for many years and never took action. My wife and I both work full-time and have two kids under three. We finally decided to get serious, and here’s our story

I am not sure if you would consider this for your “Success Stories” or not but, if nothing else, I wanted to write it as a “thank you” to you and all the inspiration that I have seen on this site. I have been silent for the most part for the past two years or so, but I read all the messages on the at least every other day. I have asked a few questions, and have always learned from the answers.

Several weeks ago, JP Vaughan entered the chat room, and I promised her that I’d write a when I did my first deal. And so, I’m going to write about my deal that I did last week. The numbers wouldn’t astound you. But it’s not the numbers that count. I’m writing the kind of success story that I wish I’d seen earlier.

If you haven’t read my first story, then you don’t know that I’m brand new at this stuff. You do now. My friends haven’t figured out whether I’m a budding genius or a blooming idiot. I lean towards the former, naturally, but most think the latter is closer to home.

I am about to close on my third “Lonnie Deal” and my yields are improving significantly. My partner and I purchased a 3BR/2 BA, 1983 mobile home in fair condition for $1,400 cash and the two lots for $16,000 with $2,000 down and owner financing for the balance at 7% and payments of $200/month.

I remember the night I first found CRE Online. I stayed up until 5:00 am reading all the how-to articles, money-making ideas, and success stories. I was totally blown away with all of the free information available! I knew that one day I would be successful and submit a success story of my own! Well my dream finally came true

Four years ago I, like so many others, FINALLY broke down and bought the Carleton Sheets course. After being exposed to the numbers involved in real estate investing, I knew that if there was one field to make big money working for yourself, real estate was it.

We purchased a 5-bedroom/2.5-bath house for $87,000. We spent $6,000 in rehab (interior paint, all new floor coverings, misc cleaning and yard work), and put the house on the market for $119,900. Similar houses in this plat are selling in the $130,000 – $150,000 range, and we put this one on the market at a price to sell quickly. In three days, we had a full price offer, and the deal with the buyer closed today.