Commercial Real Estate Investment Articles

My partners and I have been searching for handyman specials since late August. After looking at about 40 or 50 properties we ran into a junker that was a bank REO. The property had been on the market for two months when we found it. The price of the property was reduced from $44,900 to $38,900.

After finding CRE Online, I attended my first real real estate conference the CRE Online Convention in Dallas a couple of years ago. To say it took me places I have never been is an understatement. I now know that an old dog can be taught new tricks.

As an avid reader of CRE Online Success Stories, I couldn’t wait to post my own! While up late at night with a new baby, I got a chance to see numerous real estate infomercials. I decided to order the Carleton Sheets course and follow the directions on how to get started.

First of all, let me thank all who are a part of the Creative Real Estate Online community. The success that I have achieved thus far can be directly attributed to the motivation and advice I have obtained since coming to this site a year and a half ago. I attended the Creative Real Estate Online Convention in March 2002. Let me say that it is a must for anyone wanting to invest in real estate.

I wanted to submit a short example of two of the successes my partner and I have had “flipping” mobile homes. At the beginning of this year, we purchased a used 1975 mobile home for $800 and resold it on a contract for $5,000. As of next Monday, we will have recovered our investment and have a 50% profit already, and this is only the first six months of the contract!

My partner and I just completed our first successful wholesale deal. After having many offers for houses rejected, we finally put a house under contract that had been vacant for about five years and was going to require a pretty substantial repair bill.

I’m really new at this site, but I do want to share a success story with others. “You never know.”

I am a high school English teacher whose wife wants to quit work when we have kids. Being that I have summers off, I decided to look into investing in something. I can’t remember how I heard about it, but after buying and reading Deals on Wheels, I knew that I would be investing in mobile homes.

I’ve been reading and learning all I can on this site. After making the decision six months ago to start investing in real estate, I just closed my first deal that netted $13k. I’m thrilled to say the least! CRE Online has been an excellent source of information and has helped me become more creative in my thinking and putting together deals.

I have been coming to CRE Online for over two years. I have read books, talked to people, partnered with people, and until this past Friday, I have never done a deal. I was the ultimate procrastinator. Well here it is, and if you think you have seen all the reasons a person can be motivated, then read on because I still cannot believe it.

Just like everyone else it seems, I read Deals on Wheels by Lonnie Scruggs and decided to give it a try. This, of course, was after going back and forth with the idea, going to look at some homes, and thinking, “I just can’t believe how some people can li

In June 2001, I had contracted to buy a duplex in a low-income area of town for $100,000 as one of two replacement properties in a 1031 Starker Exchange. After further personal examination of the property’s condition, I consulted with my agent, Jerry, to apprise him of what I’d found. He then “officially” advised me to get out of the deal.

I just wanted to write and thank Lonnie Scruggs and CRE Online for helping me get started. First, I want to say that I’m one of the biggest skeptics you’ll ever meet. But after ordering and going through Lonnie’s material, I did my first deal!

I bought Deals on Wheels back in early part of 2002. I did research by driving the speed bumps in mobile home parks in my area for a couple months. We finally realized we needed to just quit talking and do something.

I have wanted to get into single family homes, but they just don’t have the bang for the buck that multi-units do–or so I thought. I sent out a first mailing of letters to people with a Notice of Default on May 21st and decided to drop in on a couple of the people. I found several people who might be interested, if I follow up over the next few weeks.

Just wanted to let everyone know about my day. I just closed on a 4-bedroom, 2-bath single-family house on five acres with five rented mobile homes on the land. Original asking price was close to $100,000. I saw an ad that said, “just reduced.” Their buyer fell through at the bank, and they wanted to sell quick.

I already owned eight properties with a partner when I decided that I would like to venture on my own in December 2001. I was finishing my finance degree, working as a server at a Longhorn’s Steak House, and in my first year of marriage. I was not pursuing real estate investing because I just didn’t feel I could make any money, since I would be moving in four months.

I’ve been visiting CRE Online for about a year now, and I can’t tell you how motivating it is to me. Last year, we finally decided to take the plunge and buy our first real estate investment.

I wanted to give my thanks to Creative Real Estate Online for providing a place for everyone to learn how to do whatever they want in real estate investing. I started doing research when I was in high school. Then I moved out to Florida and kept doing research while I worked as a loan processor.

A local real estate agent contacted me recently. He had heard that I could possibly solve his problem. I told him that if I were able to solve his problem he would have to refer me to other clients. He said sure.

The How to Get Lenders Fighting to Give You Money workshop was the best thing I’ve ever done. I am a huge skeptic on these types of things and am usually reluctant to pay for them. But something caught my interest, so I called Ed Garcia.

In 1998, I built my own home on ten acres with a mortgage of $84,000 on four of those acres and the home. In 2000, I sold five acres for $13,500, leaving me with a mortgage balance of $70,500

I thought I would take the time to tell you a bit. I went to the CRE Online Convention in Atlanta. I listened to all and bought Ron LeGrand’s material. After several months of preparing and learning, I did a deal.

I should have written this a long time ago. I have been reading the CRE Online website for a couple years or so. There are several areas of real estate investing I am going to work on, and all of them I learned about from this site.

I wanted to thank Creative Real Estate Online for being a extremely good source of information and motivation. We thoroughly enjoy reading through all the information here and learning from it. We finally made it and have our first success story to share.