by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
We did it! After two appraisals and many phone calls, we are set to close on our first real estate investment. We purchased a bank REO (real estate owned) for $15,200 and sold it after a detailed remodel for $42,400. We had the usual bumps and detours with this first...
by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
I was laid off last year from my corporate job of nine years. After a slow start, I found a good mentor program and started getting deals. I was excited to see that I was able to get deals signed up and cash flowing when I’d had so many people telling me this...
by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
Four years ago, I was renting a small, one-bedroom house for $250 per month. The owners informed me that they were seriously thinking about demolishing the houses and building two large rental cottages. I live in a resort area on the North Carolina coast and $250 was...
by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
Today, I went to the escrow office to pick up the check for my first flip. I got the property under contract for $100,000 and flipped it (double close) to my seller for $123,000. There were a lot moments where I worried a lot about not being able to close the deal....
by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
In June 2004 finally sick of the working class existence and an extended layoff in the construction industry. I wanted to find a way out of the rat race. After a lot of research, reading all the information from Lonnie Scruggs and Ernest Tew I could get my hands on,...
by Brandon Reynolds | Jan 28, 2009 | Real Estate Investor Success Stories
Just wanted to share my success with your readers. I’d always been interested in real estate investing, but never had the guts to try it (or learn it) until a month and a half ago. I was out with some friends, and one of them was telling us he had just made...
