I Know You Can DO This To.

[Keith Boley]

Golden Tip and Proof it all works.

Hi All My BP Family

Roberta and I just got back from a two and a half week training and house buying trip in four states. Yes, that is four and yes I am whopped. But, I wanted to share with you that what Dean teaches and what we twist and turn from those teachings works and works well. Below are the five deals already accepted on homes in Ohio. On average we paid 28.2k for each home and averaged a 30 cap rate as far as ROI goes. I used my rules here of, if the house is in a good growing area, is a 3/1 min, is less than 50k, needs less than 7k in repairs and there is a spread in the ask and arv price then I am in. The counter offers came back about 1,500 to 2,500 above my 65-75% of ask offers...really DEAL. They are all going to be lease options with 3k option, 850 per month and a 20k add on at the end. Oh, and they are all no money out of pocket deals... Do you still think that you can't do this. YOU CAN....AND I BELIEVE IN YOU SO GO DO IT.....

Hi Joe,

Here are the 5 offers:

_________________________________________

13609 Oak Park Blvd

$37,100 Cash

Trust Name: 136XX09 XXXXXXXXX Trust
__________________________________________

11809 Darlington Ave

$20,100 - Cash

NOTE ON CONTRACT: (i forgot where on contract Dennis noted this) ----- Buyer not asking for repairs however is noting offer reflects need for new roof, carpet and missing hot water heater.

Trust Name: 11XX809 XXXXXXXXXXX Trust

_________________________________________________________________

5365 East 131 St
$26750 - Cash

or

$30600 Owner Carry 4% Interest; 10 years, $5000 Down

Trust Name: 53XX65 XXXXXX Trust

________________________________________________________________

5502 East 135th

$26750 Cash

Or

$30600 Owner Carry 4%, 10 years $5000 Down

NOTE ON CONTRACT: (i forgot where on contract Dennis noted this) ----- Buyer not asking for repairs however is noting offer reflects need for new extreme concrete work

Trust Name: 55XX02 XXXXXXXX Trust

__________________________________________________________________

123486 Darlington Ave

$24635 Cash

NOTE ON CONTRACT: (i forgot where on contract Dennis noted this) ----- Buyer not asking for repairs however is noting offer reflects need for new extreme concrete work, as well as, garage floor replacement.

Trust Name: 1234 XXXXXXXXX

________________________________________________________________
All contracts.....for all offers now & later:

All $100 EMD upon acceptance

30 Day Close

No survivorship

Signed by XXXXXXXXXXXXX

XXX-XXX-XXXX

Address: XXXXXXXXXXXXXXXXXXXXXXXXX

MUST HAVE Wording on all contracts: All proceeds in excess of buyers closing costs will be returned to XXX XXX XXX, LLC (above address).

Please let us know if we missed anything or if you have any questions,

Thank you
XXXXXXXXXXXX

Man oh Man did we smoke these deals...Lord I love this stuff.

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Not having a goal is worse than not setting one..