It Pays to Be Persistent

If you have a real estate investor success story to share, please do so through
our “Contact Us” page. Thank you.

I am an affiliate of a “I Buy Houses” website and received a lead from a woman who had recently lost her job and was thinking of selling her home. Based on the information submitted – – 3 bedroom/2 baths, located in a desirable part of town, and most importantly, that all she was asking for the house was the amount of her payoff ($60,000.00) my attention was peaked.

I quickly contacted the homeowner and informed her that I was ready to meet with her whenever she was available. She informed me that she was not interested in selling yet and that she was looking for a job. I gave her my contact information and told her that I would be in touch. And be in touch I was. I called or emailed her every 2 weeks to followup on her progress and express my continued interest in purchasing your house. Well, after about 4 months she called.

We did the deal on the spot (I did a title search, prepared a warranty deed and brought my notary with me) taking the property subject-to. After about $5K in fix up (pressure clean the exterior, new interior/exterior paint, replace wood rot, new carpet, new light fixtures, new ceiling fans). I did the light rehab in 3 weeks, put out a sign, and sold it the next day for $129,000.00. I walked with a nice $60,000.00 after closing costs. Persistence pays.

Jorge
Tallahassee, FL

To read more real estate investment success stories, please click the links below. Thanks.

We love your feedback and welcome your comments.
Please post below:

It Pays to Be Persistent

Are you sure you want
to log out?