Closed My First Deal!

Comments(9)

• 
  SlyF2504th December, 2005

  Congrats!! So after taxes you net what...$600-$850 depending on how long you owned it lol. What kind of mistakes did you make?

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  Sham7184th December, 2005

  Wow nate,
  
  Congratulations..from when i spoke to you in email in the past i quickly got the impression you were a seasoned investor!! Good luck, on your continued success.. Speak to you soon...

• 
  mcole5th December, 2005

  Congratulations Nate!
  
  Now, just take your $1,000 and double it on your next deal so you make $2,000, then double it again to make $4,000. If you can do that 10 times, you’ll have made over a million dollars!
  
  : )

• 
  GoBelly9th December, 2005

  What does your house buyers survey en tail? Did you make it up or use someone elses? How could I get one?

• 
  paulsr12th December, 2005

  Excellent suggestion. Thanks mmark

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  jam20012th December, 2005

  I use National Tenant Network. I give a form to the potential renter, they fill it out, I fax it to NTN, they do the research, and send me a form back. Costs about $35.00 for a full report. Google them for their website...

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  d_random12th December, 2005

  I would suggest www.rentsafe.com. It has a seperate section for independant owners.

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  JRendell12th December, 2005

  I use saferent. I did have to submit information like you are saying, but they need it to verify you are not going to use information for wrongful purposes. Saferent gives you a rating according to the credit, background, and other various things. Then you can evaluate it from there using their "risk score" and your own judgement. Total cost for everything is $35.00 per adult. One thing that I learned to pass on to you. Make sure that you select a company that does backgrounds in your state. Rentsafe does not do backgrounds in California.

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  d_random14th December, 2005

  Good info. Thanks JRendell.