One book=Enough knowledge to invest?

JJ Blayde

Too bad you dont get paid for other posting within your topic..

I have a brother n law that has worked at walmart for 28 years.. He doesn't brag however he brings home 250+ a year and has well over 5 million in stock... So keep that job if you want..

Robyn is right when a seller has to sell they agree... I would never sign my contract as the seller... However not my issue...

I think I may have figured out the concern.. I may be wrong... My 365 day right to close escrow is there as a tool in the case I need longer to close... Rarely have I extended the agreement past a month or two.. However I have that hammer in my tool box just in case I need it.

If memory serves me I think there have only been two times I have had to extend an agreement into double months... And when sellers object naturally it's nice having the right to..

I set most of my escrow to close between 60 and 90 days or sooner if I find that buyer. I don't like owning property so I begin the marketing right away. I plan on a double as many times as I can...

Those of you who like owning real estate I take my hat off to you...

as for why a Judge would sell me their house... That was fun... His suit had to worth 5k and his wifes set of diamonds were priceless. I happened to find their "RAT" (reason for selling).. He sat in my conference room and asked me to never tell his name... Thats always a bargaining tool to decrease the price of the property. He also stated that he knew I would be making money... He laughed at my contract as he read it and said "I cant believe people sign this", right before he signed... I replied Your honor I buy houses from people you put in prison.. he laughed some more.

The house he sold me his dad lived in.... He and his dad had one of those relationships that, well don't see each other much. His dad called him on his way to Washington and said he wasnt coming home... He told the Judge to sell this belongings.. When the Judge went to the house he hadn't seen in years and opened the door he was so disgusted at the way his dad lived. There were probably rats... It was horible... Smelled like money to me... I live in a very conservative town and there's no way he could have listed his house...Too much gossip and eventually the local newspaper would have found the story from some agent telling the story at the local watering hole and his reputation would have been damaged... besides the amount he lost was insignificant to him... Our job is to find motivation and not be a player in the emotions of deals...

I bought a house from a lady once who sold it to me in oder to get her kids to move out... I guess they were abusing her and the only way she thought to fight back was to move to an assisted living situation.. It was sad but not my call...

I have hundreds of stories... The common factor in all of them is that I found them and through a presentation convinced them to nearly beg me to buy their house at a discount....

Happy house hunting

Michael