by Brandon Reynolds | Jan 30, 2009 | Real Estate Investor Success Stories
In October, I bought a “fixer-upper.” I paid $22,000 cash. I bought it from an executrix (female executor) who had never bought or sold real estate before. I sold it last week for $42,000. I owner financed it with $5,000 down, balance at 7% interest,...
by Brandon Reynolds | Jan 30, 2009 | Real Estate Investor Success Stories
“You can’t make money having someone else do your work!” My wife and I still consider ourselves “new” investors, because we’re still working our regular jobs and carving out our plan for exiting the work force in two years. We want...
by Brandon Reynolds | Jan 30, 2009 | Real Estate Investor Success Stories
I send out several postcards every month. And in Texas, November and December always seem to be the hardest months to buy foreclosure sales because the holidays and work weeks are so short. A homeowner called me on Tuesday, November 21st–two days before...
by Brandon Reynolds | Jan 30, 2009 | Real Estate Investor Success Stories
I’ve been reading everyone else’s success stories for a long time; I just had to share mine. First, my local agent with whom I have dealt frequently called me about a motivated seller from out of town.He was asking $82,000 for a two-story, federal-style...
by Brandon Reynolds | Jan 30, 2009 | Real Estate Investor Success Stories
My two partners and I raised $60,000 from a line of credit on one of the partners’ homes back in 1998. In 1999, at the age of 25, we bought our first apartment building in Winnipeg, Manitoba with 27 units in almost new condition. A year later, we took our cash...
by Brandon Reynolds | Jan 30, 2009 | Real Estate Investor Success Stories
We invested $300 into signs that say “I Buy Ugly Houses” with our phone number. The very first call we got was from a guy with an abandoned house on a street we’d driven down just the week before. We couldn’t figure out how we could have missed...
