The Real Deal

I am also curious to know how the seminar went. Anyone care to share their experience?

Congrats Bako on getting those deal under contract so fast! Kind of makes me feel a bit like a slacker. Care to share the numbers on those deals and the potential profit that you expect to make?

I have been exchanging emails with a seller and here is what she wrote, "Do you specialize in lease options or lease purchases? Your previous emails seem to interchange the two terms as if they are the same, but the lease purchase obligates the buyer to buy the property at the end of the lease and the lease option does not obligate for them to buy at the end of the lease." I did a Google search and there are mixed answers, part of them say they are same others say that there is a difference. Which is correct?

yup good ole ebay owns kijiji, what I find odd is they also have a minor stake in craigslist.

Wow, I wish I could attend. I definately think three grand is worth it. Maybe if I can close my first deal or two I can make it.

I have been contacting homeowners on various websites and online classifieds. After sending out the first email to the homeowner to get their interest I have been getting a lot of "not interested at this time". My question is, do you guys send out the second email to them anyway with a message stating "Just in case you change your mind hear is what I do"?

I personally wouldn't waste the time and try and weed out the investor ads. The other day I was doing my daily emailings and some how emailed the president of my local investors association, he invited me to give a presentation to the other investors about lease options. I politely declined his offer and moved on! The only thing I do when emailing is make sure they are NOT realtors, property managment co, duplexes or apartments. I do this by scanning the ad real quick, and if I accidently email a realtor or anyone else I apoligize and move on.

check this out http://www.time.com/time/specials/packages...1881780,00.html or http://www.naturalsearchblog.com/archives/...stika-building/

You can do video chat in gmail or igoogle, and its free.

I signed up on the Google Voice website. I didn't know a user could send an invite. Can someone send me an invite? Please message me if you can. PM me your email address and I will send you an invite.

I have mine set up this way: If I don't answer my cell phone it fowards to GV then if the person leaves a message on GV, it transcribes the voicemail and send it to me as a text message. I am one of those people that hates sitting on the phone listening to each message "press 7 to delete, press 3 to rewind blah blah"! If I do actually need to listen to it, I just call my GV number or log in to GV online. Did you sign up through googles website or did you have a GV user send you an invite?

Yes thats correct.

You can set up google voice to either: 1) Have it show the number of the incoming party or 2) Show only the google voice number that the incoming party called hope this helps.

Their doesn't seem to be very much activity on here, Is everybody off doing deals? If so how are your deals going, what types of deals are you doing most of, CA's/short sales/etc? How are you getting most of your deals, direct mail/email/cold calls? Are their any members on here that have not done any deals yet like me, if so how about we start a challenge for ourselves? Maybe post a personal goal that you want to achieve and how you are going to get that first deal? I will go first: I WILL get two properties under contract within 30 days. (maybe thats too much time?) To achieve this goal I will email 10-15 sellers a day. Any comments, questions, input? Please post!

Sorry to bring up an old thead, couldn't resist lots of great information! I have a question regarding the market changes and the buyers having lots of inventory to choose from. Should I post a dummy ad in the newspaper to create a list of tenant buyers that I can have lined up, then find a seller? By the way christine are you still investing in real estate?

Hello all, Do you help your t/b's get prequalified for a loan through a loan officer to see if they are on track to being able to obtain financing at the end of the lease term? If so, do you have them prequalify before moving in? If you don't prequalify what is your reason for not doing so?

I think you may find google docs will solve your problem. http://docs.google.com/support/bin/answer....mp;answer=87809

Thanks MichaelC and jhanson8 for the helpfull feedback.

I compiled the list over a two day period, I think my mistake was sending them all off in one email. In the future I will use two or three different email accounts.

I am not sure on how many emails I sent out, probably over 100. yeah I have noticed a lot of spam does come from gmail accounts.

Here is the email, you have to read it from the bottom up. I don't think they are either motivated or they didn't understand what I am proposing. ----- NO , THEY WOULD HAVE TO PAY FIRST LAST AND SECURITY DEPOSIT TOTALING 4500.00 AND PAST A CREDIT CHECK AND CRIMINAL BACKGROUND CHECK ON A ONE YEAR LEASE AND AT THE END OF WHICH THEY COULD MAKE AN OFFER ON PURCHASING. ----- Original Message ----- From: xxxxxxxxxxxxx To: xxxxx@earthlink.net - Hide quoted text - Sent: 7/22/2009 1:56:13 PM Subject: Re: Your House On Craigslist This family is looking to rent to own. They would be able to pay first months rent. Then at the end of the 12 month lease purchase the house. would that work for you? On Wed, Jul 22, 2009 at 1:37 PM, xxxxxx@earthlink.net <xxxxx@earthlink.net> wrote: THAT WOULD BE FINE TO RENT IT DOES REQUIRE FIRST AND LAST MONTH AND 1500 SECURITY/CLEANING DEPOSIT FOR A TOTAL OF 4500.00 ----- Original Message ----- From: xxxxxxx To: xxxxxx@earthlink.net Sent: 7/22/2009 1:22:26 PM Subject: Re: Your House On Craigslist the lease would be for 12 months. On Wed, Jul 22, 2009 at 11:53 AM, xxxxx@earthlink.net <xxxxx@earthlink.net> wrote: AS LONG AS WE ARE NOT LOOKING TO FAR OUT IN THE FUTURE TO PURCHASE WE WOULD LOOK AT ANY PROPOSAL ----- Original Message ----- From: xxxxxxx To: xxxxx@earthlink.net Sent: 7/22/2009 11:43:37 AM Subject: Re: Your House On Craigslist Can you explain further on "approved timeline". On Wed, Jul 22, 2009 at 11:39 AM, xxxx@earthlink.net <xxxxx@earthlink.net> wrote: THE HOME IS CURRENTLY ON THE MARKET SO WITH AN APPROVED TIMELINE THAT WOULD CERTAINLY BE AND OPTION OPEN TO US ----- Original Message ----- From: xxxxx To: xxxx@earthlink.net Sent: 7/22/2009 10:57:21 AM Subject: Your House On Craigslist Hello, is the rental property still available? If so, do you know if the owner would be open to leasing it to pre-buyers instead of ordinary tenants on a rent to own basis? If so, I'm very much interested as I am currently assisting a family to relocate to this area where they can purchase a property at the end of the lease. If the owner is interested and if the property meets our needs, I will take care of the entire transaction professionally for the owner at my expense to protect his/her rights in the deal. Thank You, xxxxx xxxxx Rent To Own Professional Independent Consultant (Not An Agent, Yes Im Local) PS. If not interested, please disregard or forward this email to anyone you know of in need of filling their vacancies FAST with quality tenants.

Has anybody had this problem after sending out emails to FRBO'S on craigslist. Have you found a way to get around it? "We've received too many mails from xxxxx@gmail.com in a short time span. Sorry, but no messages from xxxxx@gmail.com will be relayed for 24 hours."

Hello all, I have started contacting FRBO's hoping to do a CA and I have a question regarding deposits. What do I say if they are asking for a deposit plus first and last month? I have an email between me and a seller that I can paste on here if anyone is interested in seeing where or how I went wrong.

Has anyone used callfire.com for voice blasts? any suggestions on the best voice blasting companing that has NO start up fee?

Would voice blasting be a good alternative to cold calling sellers?