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All Forum Posts by: Sherri Gaines

Sherri Gaines has started 5 posts and replied 15 times.

Post: Anyone do any other types of business here?

Sherri GainesPosted
  • Real Estate Consultant
  • Bowie, MD
  • Posts 27
  • Votes 0

D2 oil allocation available now. 500,000MT x 12 months. Discounted platt pricing. Seller must sell now! Email me for details at [REMOVED].

Also direct to cmo seller. Great ROI for a savvy investor that knows what cmos are and how to leverage them or put them in a trade platform (Access to those too).

Try me.

Post: CMOs are so much easier than REOs

Sherri GainesPosted
  • Real Estate Consultant
  • Bowie, MD
  • Posts 27
  • Votes 0

100s of millions tied to several properties with AAA ratings on most. WF, WaMu and other well known lenders continue the servicing. Some are insurance wrapped and some are FNMA backed. Escrow to escrow is how these transactions work.

It sounds like you know quite a bit about them. Have you done some in the past? You've given some good advice in the forum. I've been watching. :roll: :D

Post: CMOs are so much easier than REOs

Sherri GainesPosted
  • Real Estate Consultant
  • Bowie, MD
  • Posts 27
  • Votes 0

Pricing is so good that profit is easily gained. They are tied to properties and yes they are Collateralized Mortgage Obligations. Hedge funds are purchasing but so are other investors, bankers and mortgage companies too.

Post: CMOs are so much easier than REOs

Sherri GainesPosted
  • Real Estate Consultant
  • Bowie, MD
  • Posts 27
  • Votes 0

They close quickly. Aren't shopped like REO packages and are great product to have in an investment portfolio.

Have any of you done them? What has your experience been?

Post: Commercial Properties in Germany

Sherri GainesPosted
  • Real Estate Consultant
  • Bowie, MD
  • Posts 27
  • Votes 0

We have 5 really good deals that are well put together. Ranging in price from 1.48Million Euro to 20.5Million Euro. Complete with leases, equity info and other details.

Contact me if interested.

Post: Newbie in N.C.

Sherri GainesPosted
  • Real Estate Consultant
  • Bowie, MD
  • Posts 27
  • Votes 0

I am new to the forum also and learning my way around. I have found some good stuff here and definitely like-minded people.

Congrats on your first deal. What kind of deal was it? Buy and hold? Short sale? RTO? What is your specialty? What are you looking to do next?

I have been in Charlotte for 4 years. I love it! Born and raised in Rochester, NY but sooo glad to be away from the snow. :D Well... welcome and let me know if I can be of assistance.

Post: Book "Secrets of the Millionaire Mind"

Sherri GainesPosted
  • Real Estate Consultant
  • Bowie, MD
  • Posts 27
  • Votes 0

I've been wanting to do it for a while and made the decision to actually attend this year. After I go to my first training, if it is everything that I expect it to be, I plan on taking 6 couples 3 times a year, at my expense.

I'll keep you posted. :D

Post: Just do it!!!

Sherri GainesPosted
  • Real Estate Consultant
  • Bowie, MD
  • Posts 27
  • Votes 0

But this time, I knew I had to just do it. I didn't use any of my credit and used very little money to start. I purchased bandit signs, business cards, found contracts in material I already had and listened to lots of teleseminars. I'll be happy to share the differnet sites outside of the forum. I think they all were free too.

Anyway... I began with Options and LOIs to get my first properties under contract. From there, it has continued to grow and I am now doing homes with bigger margins and commercial projects.

It seems that Options and Bird dogging are the easiest ways to get started right now, however, there are gurus everywhere who tell you their way is the right way. The truth is, find someone who has what you need (forms, REIA, etc) adjust to fit your local laws and your specific desires. Oh yeah... you have to know what you are wanting to accomplish and have measuring/tracking procedures in place.

Then go for it! You are the key to your success.

Post: 4 Hour Work Week

Sherri GainesPosted
  • Real Estate Consultant
  • Bowie, MD
  • Posts 27
  • Votes 0

I've seen good reports on this book from multiple places too, so I am going to get it. I'll share my thoughts when I am done but I'm expecting it to be great!!

Post: Is anyone else interested in the luxury homes market?

Sherri GainesPosted
  • Real Estate Consultant
  • Bowie, MD
  • Posts 27
  • Votes 0

Every market has felt the change to some extent. The higher end luxury homes aren't moving as quickly because there are so many other, new homes on the market that are big and luxurious, but not AS expensive, and builders are giving all kinds of incentives to buy, including discounts.

Still there are players, both investors and end-buyers who purchase no matter what and are doing so right now. It is important to connect with the right people and give something of value.

And yes... this would be considered a niche. Everyone should have an area that they feel most comfortable in or that they are most educated in, although you can work them all if that is your desire.