DeeLight

Thank you Charles. Good thoughts to consider.

k, I don't have a clue about this deal from the numbers aspect. The property is amazing. I think the owner is stuck and I don't know if I can give him enough to stop the bleeding. I'm not attached. Any ideas . . . input?

Awesome Steve, thanks so much. I like the offer sitting on their desktop--good reminder

K, here's the update on this one. Yeah he's wanting to do something. His email just now: "Sale price $598k. Existing 1st of $300k , existing 2nd of $24k, ins $55/mo, prop taxes i think about $400/mo. I need to at least rake out or redyce that $300k 1 st, cos it's private money @ 10%. There you have it. How can we help each other?" I haven't had time to sit and ponder this cuz I'm at my job til later. Just thot I'd post it here for you brilliant minds that know easily what to do with financing. Thanks!

Ok here's the latest update, an email saying: "Do you mind telling me what you propose? What is the cost and net to me of any deal you procure?" I told him that I won't know if we have a "deal" until we speak for a few minutes and I do some due diligence. I told him there is no cost to the seller for what I do. He seems motivated and at the same time controlling. Kinda like, "help me quick and do it this way----give me money fast"!!

Does everyone submit a short offer form or short offer letter before proceeding? I seems like it would be a good thing to prevent misunderstanding down the road. This is sent after having had a conversation with the seller and due diligence?

Thanks Michael, I'm waiting for a call back from him; should be soon. Will update when I've talked with him.

Yes, it is very nice. It sounds personal and professional. Looks like a money maker to me. I didn't quite get the flow of the circle diagram though.

Steve, The only thing he told me so far (in emails) is that there is a dire incident in his life so he needs money right now. I will just talk with him tomorrow since he has asked twice. I'll see if I can get more info.

Hey David, Yeah, and I WANNA be a millionaire when I wake in the morning---that would be Tuesday, August 7, 2012. Please and thank you God!! We all have wannas and don't wannas. What do the numbers allow. That's what I'm learning. But it's always easier to be objective about someone else's deal---right? :lol:

Ok so here's what I got today. I received a positive email from him on 8-2 and sent him the 2nd email. He emailed me this morning asking how come I hadn't replied to his email----a bit of motivation there I would say. So I sent it to him again and told him that maybe he had missed it the first time Here's his response: OK Melodee, i rememeber your initial mail now, yes. have had severe family emergency, still ongoing, so im sorry for not remembering who was who, in responders to the ad. Your service/business sounds great, a win/win for all concerned, yes? So whats the deal - what does a property owner do? in my case, i NEED some option money/down payment, etc - i cannot do it for zero down. More than glad to finance a portion of it for the right, serious buyers, but due to urgent needs/deadlines, I cannot waste time w empty roads, salesmen, or flaky buyers having nothing now but hoping to find a way. Do you have some serious, qualified buyers out there, who can pay 10-20-30% down, and can handle the other costs, i.e. a principal and interest payment for whatever amount i finance for them? What about other carrying costs, i.e property tax? It appears you guys fill a great niche, being that many people's credit got wiped out in the recentr recession, yet they have assets, cash, income, and the ability to pay. Please let me know how WE can structure a deal that will be a win for me, the buyer, and you as well. So, he get's what I do but needs more. Michael says to act according to the seller's needs and adjust the plan of action. I'm wondering what the consensus would say of this possible venture. I was thinking a pure option, market it like heck and if it doesn't sell let him know what the potential buyers said. At least he would have some market feedback----and who knows it could actually sell. yes, no???

now that's quite clever Shar . . . give them other choices. I like that. I'll be glad when I'm on familiar terrain and it starts to have some rhyme and reason

Alright, what the h#*llllll are we doing here? It's so gorgeous there. I wanna go!!!!

Thanks so much Mike, I plan on purchasing John's mailing plan as soon as I get stable in biz plan and $$$$$$$$$.

hahahahahahaahahahaha was that reeeealllly only 40 something years ago Michael???? I'll bet at LEAST half the people here don't know what that is. . . sigh

ooooooo, I like that!! I was kinda wondering if anyone did that---thats' how my imaginative ( way around it) little mind works Thanks!!

"Worked well for me for a while, but it was difficult working with someone who doesnt know the market as to what ads you want e-mailed and which ones you don't. " that's what I was concerned about. With my day job work sched I am having trouble sending enuf emails---the gosh darn, dang nabbit (and other explitives) CL system is so corrupted it takes F O R E V E R!!!!!!!!!!!!!!!!!!!!! to send just a hand full. Thanks for your help Masta mike I have GOT to start direct mailing : /

Hey gang, I am still utilizing the freebie mkting for a bit longer however would like to find a VA to start sending the cl emails. The challenge: besides actually finding one of these creatures that really performs with integrity, how would they prove to me that they had actually sent 100 emails a day for the past 4 days? Seems like a techie solution needed---ack!!

I received a good lead from a mtg banker this week (met him thru my cl emails). She wants a l/o or owner finance. She's about 6 months from finalizing her credit clean up. She SAYS she knows what she wants and wants me to find it for her. I've sent out emails in the areas that she wants. nada. Can you share any other ideas? I guess one idea is to post on CL about wht I want to find. Anything else? Thnx!!

:lol: David, not laughing at you. I'm laughing at US!! I did a couple deals in the wholesale and preforc niches years ago. I don't know why I'm making this harder than it is. I TOTALLY get the "butterflies". I'm realizing that not every deal will work out so I'm using each one to learn something new from. This week alone I was contacted by investors with a house that they SWEAR will be bought by a "buy & holder". But I was laughed off the planet when I shared it on one of the investor forums I visit. And then I received a lead form a new mtg banker friend---from my cl mailings----she wants a l/o realllly bad so I gotta find one for her----but not exactly sure how to do that. I don't want to hijack this thread so I think I'll start a new one. Go gettum TIGER!

Thanks Shar, The seller price sheets . . . are those sent out after they have asked what it will look like if they accept a l/o. Did the seller ask for a price sheet----or do you send them out when u r particularly interested in a property? Thanks for clarifying. It's so funny from the outside this looks so easy but once inside it's like a maze I get lost in every other day. lol When I have some perspective instead of "trying it on" it will be more reassuring.

Yes, ok Michael. So funny, the learning path. The sellers presented this as an investors deal so when investors panned it I didn't think about it possibly being a straight retail deal. We'll see how it goes

Michael, I answered within text here. Thanks so much!

So Timster, How's it going? I follow you and hope for awesome things for you. A few questions: 1) How many sales would you say you've gotten from your mailings? 2) Have you changed your mailing approach from the beginning and how? 3) Are you starting to generate an income you can live on? Thanks!

Hey There Tim Shar & Lynn, I am wondering how the profits are growing oops I mean going on the mail outs. All I'm finding so far are a bunch of idiot lookie loos with the 800 emails sent so far. I look forward to hearing you are KILLIN it !!