Commercial Real Estate Investment Articles

 

Flipped a House for $22,000 Profit in 35 Days

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.

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3 Mobile Home Deals in 3 Months

I am a 25-year-old school teacher in the sunny state of Florida. I always have my hands in something that generates profits on the side. I play a lot of tennis, and thank God, because one night I was in the club house chatting with someone who really knew how to make a living in this creative real estate stuff.

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$30,000 Profit on My First Two Deals

I just wanted to offer thanks for the information available on this website and tell you about the two real estate investments I’ve made in the last month that made me $30,000 with no money down! I found the CRE Online website about five weeks ago and read all of the How-to Articles in that afternoon.

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No Money + Creativity = $50K in Equity Plus Cash Flow

Last fall, I found a 10-unit apartment building in a suburban town just outside where I live that was being used by an elderly lady as a single family residence. She had purchased it a few years back so some of her children and grandchildren could live with her (in their own apartments) as she got older and needed their help.

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How I Got Hooked On Real Estate Investing

Here is my first success story and my first deal ever. This is what got me hooked!

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My First Mobile Home Deal

On January 1, 2000 I called on a mobile home listed in the paper for $6,500. During our conversation, I learned that they had just moved back home to Louisiana and the home was vacant. He informed me that the home would be able to remain in the park.

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First Deal: A $20,193 Payday

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.

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My First 3 Deals: $80,000 Net Profit

I moved to Santa Fe, New Mexico knowing no one and nothing about the real estate market. I also knew little to nothing about creative real estate investing, although I had purchased a couple rental properties the traditional way in the past. You know, large down payment, pay market price and wait for it to appreciate.

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$37,000 Net Profit on First Deal!

Just sold my first investment property for $37,000 net profit. Man, I’m fired up about this business. Here’s how it went down:

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Two Teenagers Do Their First Deal!

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

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Two Teenagers Do Their First Deal!

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…

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$12,000 Cash, $6,000+ Monthly Cash Flow with Mobile Homes

While attending the Creative Real Estate Online Convention in Las Vegas this past March, I had the luck of running into a friend I hadn’t seen in many years. Ben Moye and I were introduced approximately ten years ago in middle Georgia. Ben is in the commercial sign business. I contacted his firm to build a sign for one of my business locations.

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2 Deals Net $18K in 4 Days

I still consider myself a “newbie” in the real estate investing world. I often hear the “gurus” say to find a technique and perfect it before moving on to a new one; that will keep you from trying to do too many things at once. It seems like the deals that come my way, though, each require a different approach.

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$21,000 Profit in My First Month

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.

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A $28,000 “Power Lunch”

I’m a part-time real estate investor. I frequently read the success stories on CRE Online to gain knowledge and for the motivation it provides to me.

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3 Mobile Home Deals in 3 Months

I am a 25-year-old school teacher in the sunny state of Florida. I always have my hands in something that generates profits on the side. I play a lot of tennis, and thank God, because one night I was in the club house chatting with someone who really knew how to make a living in this creative real estate stuff.

Read More

$12,000 Cash, $6,000+ Monthly Cash Flow with Mobile Homes

While attending the Creative Real Estate Online Convention in Las Vegas this past March, I had the luck of running into a friend I hadn’t seen in many years. Ben Moye and I were introduced approximately ten years ago in middle Georgia. Ben is in the commercial sign business. I contacted his firm to build a sign for one of my business locations.

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$16,400 Practically Fell into My Lap

I had bought Bill Bronchick’s Big Profits with Lease Options and had been procrastinating about getting started. One day in Home Depot this person I had not seen in quite a while asked me how I was and if I was still in the contracting (fence and deck) business. I responded that I was, but I had also started investing in real estate. She says that I should buy her house.

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$16,400 Practically Fell into My Lap

I had bought Bill Bronchick’s Big Profits with Lease Options and had been procrastinating about getting started. One day in Home Depot this person I had not seen in quite a while asked me how I was and if I was still in the contracting (fence and deck) business. I responded that I was, but I had also started investing in real estate. She says that I should buy her house.

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$175,000 Equity & $11,000 Cash on First Commercial Deal

Well, I feel like my real estate efforts have come full circle, and I can clearly see my future path ahead of me. On Thursday, I closed on my first apartment building and walked away from closing with an $11,000 check! If you have read my other success stories ($24,000 cash, $138,000 Equity and More and My Second Success Story), then you will notice that my deals usually come in pairs. This one is no exception.

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How I Created $243K Annual Cash Flow and $2 Million in Equity

This story is not just about a great deal, but rather an attempt to help you realize one of many ways by which your dream of may be achieved. To those of you who are acquainted with what I have been doing since 1995 let me say this: Thank You. You’ve been a great support system. To those I haven’t met yet or who are just beginning down the road to financial freedom and do not know what I’ve been doing, this story is for you.

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Flipped a House for $22,000 Profit in 35 Days

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.

Read More

Two Mobile Home Deals in One Month

This past May, I purchased Deals on Wheels from this site. When it arrived I read it all at once. After reading the book, I decided to refinance two of my rental condos and use the cash to buy some mobile homes.

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Yes! My Biggest Wholesale Flip So Far!

Today, I walked out of the title company with a check for 12,081.50. I have done several deals, including, but this is my biggest deal yet. (I am still a newbie.) I still can’t believe it. I simply put this property under contract for $50k and sold it to an investor for $63.5k. At closing, I netted about $12,000!

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I Made $37,000 on 3 Deals in 3 Weeks

After reading posts on CRE Online and after finding motivated sellers then screwing up the deal, I have finally met with some success. After about a year of looking and trying, I landed three deals in three weeks. Here are the deals, the specs, and the current situation:

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