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I Got My Bank REO for Less Than 50%!

by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories

To everyone who asked me about bank REOs (real estate owned), this is an answer to all. How do I get REOs? Three ways:1) Most banks in my area sell the REOs through real estate agents. My loyal agent for seven years checks the hot sheet everyday and brings me deals...

Making Money by Breaking the Rules

by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories

Thanks to Lonnie Scruggs, Ernest Tew, Bill Bronchick, Terry Vaughan, and lots of others for an education I couldn’t have bought in school. I’ve been using ideas from all of you for several deals. Here are a couple examples of how I’m making money...

$1,650 Profit on My First Lease Option

by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories

I wanted to let you know about my first deal. It started when I spotted an ad in the Sunday paper with the words “Land Contract.” I called the owner and asked if he would do a lease option rather than the land contract, and he said: “Yes.” So I...

How I Bought My Own House on Christmas Eve

by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories

On Christmas Eve, I did my first lease option deal on a beautiful single family that I will be living in myself. I gave them Bill Bronchick’s contract, and they signed it, no problem. They were actually happy that I saved them the attorneys’ fees! The deal...

Selling at a Premium on a Lease Option

by Brandon Reynolds | Jan 9, 2009 | Real Estate Investor Success Stories

A few weeks ago, I ordered William Bronchick’s Big Profits with Lease Options that JP Vaughan had recommended. Well, here is the story:Two years ago I dropped out of the corporate world and started flipping houses. As frequently happens, we had one house that...
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