Ok, 3 Weeks $2300, I've Barely Scratched The Surface

[ericmedem]

I thought a few of you might like this.

I already have my own product line which does extremely well for me roughly 3-4k a month....

However, my main job a few years ago was as a Realtor, I got kind of burned out on it...So after watching one of Howies videos on Real Estate Leads and Video...

I decided to give it a quick stab....I put my videos together with Camtasia and a picture of the house along with details....2 videos and about 20 minutes later I was done.

I threw them up on craigslist and within 1 hour I got a call from a dude wanting to buy property...He had just bought 100 homes in the neighboring town....

That same week I sold him 1 home and will make $1,000. The next week I sold him another that I will make $1300 on....

We have 5 others offers out right now, he will probably be worth close to $50k this year for my business...Since he's approved for over $1M

In total I have spent 5 hours with him and 30 mins on my marketing...

One more way to make money in these "Hard times"....If the hard times are this good, I can't wait till things improve.

You can see a copy of the videos on my blog at TheForeclosuresMan.com if you were wondering what they looked like.

 

[Viltedali]

Here's probably a stupid question - Do you have to have a realtor's license to do this?
I've not seen the video you've mentioned.

Is the little video on the right hand side of your site the example video?

 

[modeals]

awesome. i was just talkin to a buddy of mine about some online stuff we are gonna do together. hes a broker/realtor and i was a realtor/loan officer. great post man. much success to you and i may just have to sign up and promote your rescue system. cool stuff

 

[Laser]

your pitch page is pulling all the heart strings,

with "men having to leave their big screen TV's behind"

and the "family dog left behind and tied to a tree"

 

[rc_ninja]

Damn, that's a nice amount of money for so little work.

But, where do you get the foreclosure listings? I've been looking online for a while and most houses seem to be between 40000 - 80000.

This is for houses around my area, in Texas.

 

[modeals]

hes from the michigan area and those areas have been hit hard for a while. thats why his are lower

 

[mrunknown]

cool stuff man i like the videos how do you get the info on the homes
also what do you do middle man deals and make a cut?

thanks

 

[ericmedem]

your pitch page is pulling all the heart strings,

with "men having to leave their big screen TV's behind"

and the "family dog left behind and tied to a tree"

Your just lucky I could'nt find a picture of a dog tied to a big screen with a crushed doll underneath....

I just finished that product last week....

Sadly, I got that idea after watching a dateline story on foreclosure in Sacramento and they say it happens all the time...Myself, i'd strap the damn thing to the car.

 

[Strider]

Yes, you are required to have a Realtor license to represent anybody else's real estate, including phone when representing, phone calls as well -This is because you are BROKERING. The only time you don't need a license is if you have any ownership in the property, let that be 1 dollar or 100 thousand dollars.

 

[AffGuy08]

$73K house in 2004 only for $8900?? Is that really happening and that bad in US?

 

[lurnme]

But, where do you get the foreclosure listings? I've been looking online for a while and most houses seem to be between 40000 - 80000.

Yeah I would be interested of any sites to look on for personal purchase. Any tips? Florida is getting back down finally but would love to find a great deal.

 

[ericmedem]

$73K house in 2004 only for $8900?? Is that really happening and that bad in US?

Yeah our market is a complete disaster...I just sold another one this week that sold for 105,000 in 2004.....We paid 22k....

Scarier yet, is that it rents for $1,000/month....That's a pretty handsome cash flow....

 

[ooodaveb]

Yeah our market is a complete disaster...I just sold another one this week that sold for 105,000 in 2004.....We paid 22k....

Scarier yet, is that it rents for $1,000/month....That's a pretty handsome cash flow....

Holy Crap! Why doesnt the renter just buy it? That's insane having to pay 1k a month for a 22k house. You can pay it off in 22 months. (I know taxes, etc but still)

 

[stick777]

Hey Eric, nice blog and great to see you are cashing in. Here is Ontario we are not anywhere near that bad but I did get some ideas with your blog. Keep up the good work!

 

[neobyte]

just curious about this guys must be some kind buy agent for the big company, or have a deep pocket to buy some many properties.

I think you should be able to make more than 1k for each house though. Bump a few thousand on the top of the house price is rather trival considering the house cost hundreds of thousands.