Commercial Real Estate Investment Articles

 

My First Duplex Deal

I made an offer on a duplex that was trashed by one of the tenants, and the owners lived 40 miles away. Apparently, they were overwhelmed by the “problems” caused by the tenants.The asking price was $79,000.

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First Deal in a Hot Market Nets $40,000 Profit

I wanted to share a recent success story of mine. After reading a few books on creative real estate investing, I made the decision to try and go for my first deal in real estate. I was skeptical because I live in one of the most expensive counties in the U.S.

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First Deal Gets Me Debt Free and Monthly Cash Flow

I started back in July 2002 trying to learn about creative real estate investing, but I did not go out and make any offers until February 2003. It was not until this week that I got my first deal done and under my belt. One evening, about three weeks ago, I was discussing with my wife the fact that I was frustrated with the “business.”

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6 Important Lessons from My First Rehab

My name is Andy Martin. I am a Project Manager for a construction company. I work full-time and run a window cleaning company on the side while looking for houses to rehab and flip.

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25-Year-Old Does 25 Deals in One Year

My story starts out in January 2001. I was 25, sick of my job, and hungry for money. I ordered Carleton Sheets, the course arrived, and I completed the course in one day. About an hour after completing the course, I hit the Internet. While searching for the Carleton Sheets website I stumbled upon CRE Online. This was not good, seeing as though I was now obligated to review every last page of this site.

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24-Year-Old Quits Law School to Invest in Real Estate

Two years ago, in Spring 2001, I was a first year law student at Fordham Law School in New York City. I really enjoyed law school, but I was beginning to realize there was a decent chance that the 80+ hours per week I would be working when I graduated (if I got a job at all) would only have me bring home around $50K per year.

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$52,000 CASH in 60 Days

What a RUSH! After starting my investing career back in 1998 and acquiring 13 properties, which I still have, I was recently introduced to a real estate agent that lived in MY BOX! He understood almost everything that I wanted to do. Finally!

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$50,000 Equity in “Subject To” Deal

I just wanted to tell you about the deal that I got yesterday. A motivated seller has a house in great area in my community.

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$40,000 Equity for a Couple of Days’ Work

I have read every one of the success stories posted on this site and most of the discussion threads. I thought I should give back by sharing a success with you. I have been investing in real estate for about four years part time. I have focused on duplexes up to six-plexes. I have had great experiences with them and made a GREAT return on my money.

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$32,000 Profit on a Pre-Foreclosure

Hello! I wanted to briefly share my first experience with you in an effort to inspire others, as I have been inspired by this wonderful website!

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Sandwich Lease Option – $31,000 Profit on My First Deal

Thank you all here for giving me enough support to “get off the fence” and to get out there doing it. I’m just a young guy recently out of school busy playing the rat race. I got into the corporate world working 70 hours per week and traveling around the U.S. making someone else very rich. It didn’t take long to realize there has to be a better way.

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$32,000 Profit on a Pre-Foreclosure

Hello! I wanted to briefly share my first experience with you in an effort to inspire others, as I have been inspired by this wonderful website!

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Sandwich Lease Option – $31,000 Profit on My First Deal

Thank you all here for giving me enough support to “get off the fence” and to get out there doing it. I’m just a young guy recently out of school busy playing the rat race. I got into the corporate world working 70 hours per week and traveling around the U.S. making someone else very rich. It didn’t take long to realize there has to be a better way.

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$27,000 Profit on Quick Flip 4-Plex

My minister at church gave a sermon about how we should do what we are good at and what has worked for us in the past. Duh. The light bulb went off and I realized that over the past 20 years, what few real estate investing deals I did always turned out good. So I decided to begin to look for possible rentals.

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$23,000 on My First Wholesale Flip!

Thanks for all the hard work that goes into CRE Online. The info you provide has enabled me to change my life! I’ve been investing in real estate full time for nearly four years. I had always read about investors finding great deals on houses and selling to other investors for a quick profit (wholesale flipping), but I had never really searched out these opportunities.

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$20,000 Profit on a VA Repo, No Money Down

My name is Brad Hawley. I am a Specialist in the United States Army. As a soldier in the United States Army, I have not had a lot of free time lately, but I wanted to share my first no money down deal.

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$20,000 Cash + $14,000 Equity on First Deal

We made our first real estate investment about six months ago. We bought a two-family foreclosure for $5,000. It was a mess: holes in the wall, broken windows, the gas lines running to the house had been cut–you name it. My husband put a few weeks’ work and about $6,000 in it. We now have a fully rented home for $425 per unit!

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19 Deals in My First Six Months

As Ed Garcia put it: “You’re driving by the gold on your way to the silver if you don’t have the knowledge to really know what it is your looking for in the first place.”

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17-Year-Old Real Estate Investor Success

This post is for all of you that have asked me to share my experiences with you. I hope you find it interesting and inspirational.

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First Two Mobile Home Deals in Two Months

Here is what took place over the last several months… 8-22 Discovered CRE Online. Read all the mobile home articles and forum posts. 8-28 Ordered Deals on Wheels. Study–Study–Study 9-02 Ordered business cards 9-05 Ordered Making Money with Mobile Homes. (Should have ordered both books at one time–first mistake of many.) Study–Study–Study

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Beginner Nets $50,000 on Two Foreclosures

I started educating myself about real estate investing in mid-2000, almost entirely by studying CRE Online. I created a Sub-S corporation in June 2001 and started marketing in the local paper with “We Buy Houses” ads in July. Had a lot of calls and finally settled on two deals.

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College Student Makes $5,000 by Being Creative

I’d like to thank J.P. and Terry Vaughan for this awesome site, everyone at the CRE Online Convention who was so caring and supportive and everyone else who contributes to this site. It truly is an amazing resource!

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Cash Is King! 130% Yield on First Mobile Home Deal

On May 16th, I found a seller who was willing to take $2,400 even though she had originally been trying to sell the home for $7,000. After about three days of negotiating, we signed the contract, and she was going to move out May 30th

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Bye, Bye Job–I Quit!

My name is Derek Pierce, and I live in Alabama. I have just taken one of the biggest steps in my life by becoming a full-time real estate investor. First of all, I always thought that I wanted to be a corporate man and hold a big title with a big company. After about a year with a wireless phone carrier, I discovered that it wasn’t for me.

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Bought My Own Home and Got $20,000 Instant Equity

Thank you to the many friends I have made on this site. I was lost just trying to make my way in the world with a wife and two small daughters. I have been reading the message boards on the site for almost two years. Finally, I realized what life was about when I woke up from a bad dream. It was called MY PAY DAY.

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