All Forum Posts by: David Oldenburg

RosevilleMeetup.com Tues, April 4th 630 PM Whitney Oaks Golf Club... Want to make a ton of money flipping, and dominate your competition? Watch our 1-minute video below! The flipping business is about speed and cost! If you can do high quality rehab, for dirt cheap, you will put thousands of extra dollars in your pocket on each flip, and dominate your competition! You MUST attend this meeting if you want to be included in our member directory for our HUGE 1,000 member networking party the following month.

Watch David And Carl In Our 1-Minute Video Click Here.

First, thank you to the 126 highly motivated people at our March meeting! At our April 4th meeting, David Oldenburg and Carl Dexter, both highly experiencd in flipping and project managing flips and rehabs, will show you how to get your rehab done cheaply, and how to save money and increase ROI!

Our members are making millions as a group, and with good reason... We have fun, we network, we build relationships, and we do business together... and we make a lot of money doing it!

About Our Group...

We are Fun, Free, and Fantastic! People in our group, network and do deals with each other, and make a lot of money! If you have an interest in real estate investing, flipping, wholesaling, buy & hold, building wealth, loaning you own money, partnering with others, or just want to learn from the pros, all for FREE, this group is for you! We openly welcome everyone, in a fun and motivational environment, and encourage the newbies and thr seasoned pros to attend our meetings! We average 100-120 people per meeting, and they are always FUN!

Never MIss A Meeting...

Never miss a meeting! (Get a text message alert 24 hours before this meeting... join our text message alerts by texting "addme" to 916-532-9398 and leave out the quotations!)

Need Help Finding Investments...

We also feature an "Investment Opportunity" section with  Kelly Krezek, where we show wholesale properties that can be flipped for profit. We have members wholesaling and flipping deals all the time, and making lots of money doing it!

Introduce Yourself To The Group...

New to the group and want to meet everyone at one time? Susan Romanishin covers our "Meet People In Minutes!" section of each meeting! Give your 1-minute elevator speech and jump-start your networking and real estate business! Reach out to Susan directly if you would like to be included in a future meeting.

Do Not Miss Our Tuesday, April 4th meeting at Whitney Oaks Golf Club 2305 Clubhouse Dr. in Rocklin at 6:30PM... get there early and bring a friend.. there is a bar for drinks and ability to network early as well :-)

David Oldenburg

Kelly Krezek

Susan Romanishin

100% financing is common when you know what you are doing and build connections w private lenders.  I  I have loaned 100% many times to flippers I know.  I have also partnered where I put up the money and get a guaranteed rate of return and a portion of the profit.  It's all who you know!

http://RosevilleMeetup.com  Make money on ALL the deals you find, even the ones that are too narrow or skinny to flip or wholesale? First, 122 people attended our February meeting...thank you! Watch the 1 minute video about this event... Youtube Video

As a flipper and wholesaler, I have looked at thousands of deals. Sometimes you find a deal that has a little money in it, but not enough to flip or wholeale. So, what do you do? You come to our meeting on March 7th, and listen to Ryan S. Nickel, who is going to be giving his incredible knowledge in the area of "Seller Financed Strategies and Flipping Lease Options!" Watch the short video here and then keep reading below...

I have heard his strategies, and they are impressive, even for someone with lots of experience. You will literally learn how to create deals, when you are convinced you have no deal!

We are also doing a surprise b-day celebration for my mom, who is flying down the day of the event, and has no idea we are going to sing her happy bday, and everyone in the room is going to get some awesome cake!

Our members are making millions as a group, and with good reason... We have fun, we network, we build relationships, and we do business together... and we make a lot of money doing it!

We are Fun, Free, and Fantastic! People in our group, network and do deals with each other, and make a lot of money! If you have an interest in real estate investing, flipping, wholesaling, buy & hold, building wealth, loaning you own money, partnering with others, or just want to learn from the pros, all for FREE, this group is for you! We openly welcome everyone, in a fun and motivational environment, and encourage the newbies and thr seasoned pros to attend our meetings! We average 100-120 people per meeting, and they are always FUN!

Never MIss A Meeting...

Never miss a meeting! (Get a text message alert 24 hours before this meeting... join our text message alerts by texting "addme" to 916-532-9398 and leave out the quotations!)

Need Help Finding Investments...

We also feature an "Investment Opportunity" section with Kelly Krezek, where we show wholesale properties that can be flipped for profit. We have members wholesaling and flipping deals all the time, and making lots of money doing it!

Introduce Yourself To The Group...

New to the group and want to meet everyone at one time? Susan Romanishin covers our "Meet People In Minutes!" section of each meeting! Give your 1-minute elevator speech and jump-start your networking and real estate business! Reach out to Susan directly if you would like to be included in a future meeting.

Do Not Miss Our Tuesday, March 7th meeting at Whitney Oaks Golf Club 2305 Clubhouse Dr. in Rocklin at 6:30PM... get there early and bring a friend.. there is a bar for drinks and ability to network early as well :-)

David Oldenburg

Kelly Krezek

Susan Romanishin

@William Brown  I did actually buy it and close escrow, so that helped a lot. I find that people pay more for a home when it is owned by the seller, and not a wholesale deal.  Flippers smell blood in the water when a property is being wholesaled, because they know there is a clock ticking.  When I own the property, they know I could care less. If they don't buy it, I will just do the work and flip it myself.

@William Brown  I have been getting good at this strategy of doing very little and selling to others, or helping a seller rehab their home and then sell for top dollar.

Ok, so on this one, here are the details.  I was contacted by one of the wholesalers I network with and they offered me the home.  I made an all cash offer a little less than where the wholesaler was offering and he accepted.  They wanted a very fast close, so I said I was prepared to close in 48 hours with no contingency.  

The next day my wife said this home needs a lot of work, are you sure you want to take this project on?  I decided to market it to other flippers I know and see if I could make say $15,000 quickly.  They bid it up and I made $38,000.  

I lead a 900 member real estate investing group with a lot of BP members, and I am always telling people the real money is in the networking.  You can only find so many deals on your own with your network of friends etc... However, if you network with 20 people, you have access to all their friends, once they know what you do. Of course, I would recommend networking with more than 20 people, and making sure each person knows what you want and how to contact you.

I have been involved in some great flips lately, but I love the strategy of doing as little as possible and then selling to another flipper who is willing to flip on lower margins.  I recently purchased a flip, put in less than $200 and sold it 48 hours later for cash, and made a $38,000 profit!  

I had actually wanted to flip this one, but another project came up and I needed the money quickly.  I put out the word to my investor friends, and someone came in almost immediately and picked it up.

If I could only do that every week!

http://RosevilleMeetup.com  Make money on ALL the deals you find, even the ones that are too narrow or skinny to flip or wholesale? First, 122 people attended our February meeting...thank you! See all details below or visit our website RosevilleMeetup.com...

As a flipper and wholesaler, I have looked at thousands of deals. Sometimes you find a deal that has a little money in it, but not enough to flip or wholeale. So, what do you do? You come to our meeting on March 7th, and listen to Ryan S. Nickel, who is going to be giving his incredible knowledge in the area of "Seller Financed Strategies and Flipping Lease Options!"

I have heard his strategies, and they are impressive, even for someone with lots of experience. You will literally learn how to create deals, when you are convinced you have no deal!

We are also doing a surprise b-day celebration for my mom, who is flying down the day of the event, and has no idea we are going to sing her happy bday, and everyone in the room is going to get some awesome cake!

Our members are making millions as a group, and with good reason... We have fun, we network, we build relationships, and we do business together... and we make a lot of money doing it!

About Our Group...

We are Fun, Free, and Fantastic! People in our group, network and do deals with each other, and make a lot of money! If you have an interest in real estate investing, flipping, wholesaling, buy & hold, building wealth, loaning you own money, partnering with others, or just want to learn from the pros, all for FREE, this group is for you! We openly welcome everyone, in a fun and motivational environment, and encourage the newbies and thr seasoned pros to attend our meetings! We average 100-120 people per meeting, and they are always FUN!

Never MIss A Meeting...

Never miss a meeting! (Get a text message alert 24 hours before this meeting... join our text message alerts by texting "addme" to 916-532-9398 and leave out the quotations!)

Need Help Finding Investments...

We also feature an "Investment Opportunity" section with Kelly Krezek, where we show wholesale properties that can be flipped for profit. We have members wholesaling and flipping deals all the time, and making lots of money doing it!

Introduce Yourself To The Group...

New to the group and want to meet everyone at one time? Susan Romanishin covers our "Meet People In Minutes!" section of each meeting! Give your 1-minute elevator speech and jump-start your networking and real estate business! Reach out to Susan directly if you would like to be included in a future meeting.

Do Not Miss Our Tuesday, March 7th meeting at Whitney Oaks Golf Club 2305 Clubhouse Dr. in Rocklin at 6:30PM... get there early and bring a friend.. there is a bar for drinks and ability to network early as well :-)

David Oldenburg

Kelly Krezek

Susan Romanishin

Continuing...Back on market homes are usually homes that fell out of escrow.  Sometimes they are now highly motivated if they need to sell quickly. I recently bought a home $40,000 under the price it was in escrow for when the buyer could not qualify.  The home needed zero work and was really nice. I paid cash and resold it a few weeks later. I'm doing another deal like that one right now.

I find deals in MLS all the time. I search what are called "back on market", which are homrs

@Pratik P.  I have a great real estate CPA, who handles all my flips etc... He also has a great attitude.  His name is Eric Waddell and you can message me or call me for his number.  Tell him I referred you if you decide to call him.