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speedingpenguin

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Everything posted by speedingpenguin

  1. While you could charge more for the manual, I probably wouldn't have bought it if you did. Just getting started with real estate investing, I don't have the money to be paying hundreds and hundreds (or thousands) of dollars for courses. You can be damn sure that I've been and will continue to praise your manual when talking with other investors (experienced and newbies) because of the great value that it is. So I'd say you made a smart move to keep the price on the lower side and the quality of information on the high side, I'll be sending as much business your way as I can! Thanks again!
  2. Awesome guys, thanks! Nobody has voiced any real concern over my answer to them, but the question has been catching me off-guard and since I'm assigning the L/O rather than sticking through for the whole term, I don't want to say "I own it" and then later be like "This guy owns it, you'll be dealing with him from now on", but at the same time as I experienced last night, I don't want people to get the idea that they can try to go around me.
  3. With C/A numero uno under contract with the seller, I've been showing the house to prospective T/B's and have been asked a few times if I own the house. I am a licensed real estate agent so I can't really dodge the question with "Yeah, no, I'm not a real estate agent or anything", but since I'm just assigning the contract I can't really say I own the house either, so I've been saying that I'm working with the owner to sell his house on rent-to-own pretty much... I'm guessing the reason I get the question at all is because I'm 22 and don't dress like someone who most people would expect to own more than one house if any (is it the Dark Side of the Moon tee shirt?) I feel like I goofed showing the house to one person tonight, and I won't be at all surprised if this guy tries going behind my back and tries working a deal directly with the seller. I called the seller up and gave him the heads up that he might be getting a call from this guy, that he seemed really confused about the whole situation. I'm not too worried about it, I know now to make my contract stronger than I did (left out dates for flexibility...oops!), and I don't think it will be an issue, but I think it all could have been avoided if I had a better response to that question. Does anyone else get this from people looking at a house your doing a lease option with?
  4. Thanks Michael! And thanks for putting together a great manual on lease options, I had read a bunch of the well known books on lease option investing but found your manual to be much more informative and helpful. Literally took about 2 weeks after reading the manual before I had my current (first) deal under contract.
  5. Hi everyone! My name's Chris and I just signed up here the other day, figured I'd give a quick introduction... I'm fairly new to Real Estate Investing, I quit my job (auto parts sales) at the end of November and have been learning, watching, trying, and making progress since then. My original goal was to be wholesaling 2 houses a month, but a lot has changed since then... Now I'm a licensed real estate agent here in MA working with a brokerage geared towards investors and doing short sales, and I consider myself a real estate marketer with the knowledge to take leads of all types and turn 'em in to win-win situations for me and the seller. Knowledge, I've got... Experience, I'm working on. Bought the Naked Investor manual a few weeks back and read through it and loved it. I understood lease options and how they worked, but the manual gave me a whole new perspective on how to make them work easier and better... The result? I've got my first deal in the works! (a CA lease option) Anyway, that's my quick story... Aside from real estate investing, my interests are cars (muscle cars and exotics), classic rock, and psychology. This forum seems like a great place to hang out, I look forward to getting to know everyone and contributing what I can to the community!!! Thanks! -Chris
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