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A “Cheapo” Foreclosure–Flipped It for $16,300 Profit

by Brandon Reynolds | Feb 2, 2009 | Real Estate Investor Success Stories

In my state, foreclosures are advertised in the “Legal Notices” section of the local newspaper, and they include the amount owed on the property. I was caught off guard last week at the courthouse steps when the auctioneer named a property, and I did not...

1, 2, 3…Lease Option Deals in Just a Few Months

by Brandon Reynolds | Feb 2, 2009 | Real Estate Investor Success Stories

I did three lease option deals in Alabama (although I live in California) in just a few months’ time with over $70,000 in equity! Deals #1 and #2 were bank REOs that I bought through an agent. The third came from a painter I called to give me estimates for work....

My Formula to Wealth–Multi-Unit Properties

by Brandon Reynolds | Feb 2, 2009 | Real Estate Investor Success Stories

I have been investing for about 30 years, so I have lots of stories about making money on rehabs. This was an interesting one. It was a four-plex in a good location, but had been owned by a law firm. They had bought it for a tax shelter, but no one wanted to deal with...

$7,000 in 33 Days with a $10 Deposit

by Brandon Reynolds | Feb 2, 2009 | Real Estate Investor Success Stories

When I started four years ago, I got a lot of inspiration from the Success Stories on your site. People need to know that it can be done–even in this type of market. I just closed another wholesale deal which was not as spectacular as my previous Success Story,...

You CAN Flip Houses in a Buyer’s Market!

by Brandon Reynolds | Feb 2, 2009 | Real Estate Investor Success Stories

A homeowner called me and said she wanted to sell her home because they were behind on payments. She had tried to sell the property, but there was a problem with title. The property was titled to two people. The lady who owned the property had bought the property with...

The Value of Listening

by Brandon Reynolds | Feb 2, 2009 | Real Estate Investor Success Stories

Back again with another “I can’t believe that this fell into my lap!” Success Story. When we retired to Tennessee, the first property we bought was a 1949, 2-bed, 1-bath farm house on an acre within the city limits with a 600 square foot loft barn in...
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