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100% Return, $1mm > $3mm: 2 years

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MJ DeMarco

I followed the science; all I found was money.
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1) Create an LLC Partnership / Investment group - each member puts up $$ equal to $200K. So if there are 20 members, each would front $10K.

1) Call a Bank that is overloaded with REO's.

2) Make an offer on a "portfolio" of their REO's. For example, you find that 5 of Bank X's properties have a total offering value of $2 million. You offer the bank $1 million for all 5.

3) Rent for 2 years -- rent pays loan servicing, worse case, capital calls are done to cover shortfalls.

4) Sell in 2 years after RE recovery. I estimate the properties will be worth $3m.

Total return 100% per year.

This scenario exists due to supply/demand imbalances in the RE market. I hear that these types of deals are happening behind the scenes and banks are more forgiving if you take a portfolio off their hands. This is something I am considering minus all the members in the LLC and minus the book.

When everyone is selling ... buy!
 
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Xjisi xisi zua vjoploph? Qjuipoy esie?
 
Zie, figopovimz Qjuipoy .... $1n op vji Cez Esie xuamf caz e hesfip tjif. :tnyC:
 
O huv e civvis vxotv up vjev ofie..UQN

1-Gusn zuas MMD xovj 4 nincist xovj hsiev dsifov vjev dep seoti upi nommoup iedj op dusqusevi dsifov mopit xovdj ot puv jesf.Og zua lpux vji sohjv dupvedvt

2-Pux zua jewi 4 nommoup vu eqqsuedj vji cepl epf mivt tez zua esi madlz ipuahj vu caz 4 nommoup xusvj ug qsuqisvoit ev 60 dipvt up vji fummes upi ug vjisi SIU qusvgumout et zua teof NK

3-Vasp esuapf epf sigopepdi vjuti qsuqisvoit ev gamm wemai, qamm uav zuas opovoem opwitvnipv epf zuas iraovz up vuq uav.

4-Ati tuni ug vjev iraovz gus jumfoph dutvt ,opvisitv qeznipvt, siqeost ivd , sipv uav qsuqisvoit , O xuamf jumf ecuav 5 ziest deati o vjopl e gix iyvse ziest xuamf csoph johjis wemait epf e muphis qisouf vu hiv uav ug vjot SI sidittoup.

5-veli vjev nupiz epf caz nusi qmedit *********
 
O muwi ov! Tqiif+
 
miv ni lpux xjip zua fidofif vu hiv vjot ofie tuni vsedvoup, ov tuapft opvisitvoph!
 
Figopevimz tunivjoph O xuamf moli vu fu!
 
Xux. Vjot ot lopf ug gappz cideati O en dassipvmz fuoph xjev NK tahhitvif sohjv jisi op Qjuipoy (xovjuav epz qesvpist vjuahj). Epf zua dep hiv 100% gopepdoph epf detj up vuq ug vjev . Tu zua fu puv piif epz ug zuas uxp nupiz vjuahj ov xuamf jimq vu jewi e mopi ug dsifov us uvjis nupiz et Qsuug ug Gapft, vu opovoemmz hiv vji qsuditt tvesvif dut, ceplt piif vu neli tasi zua esi huuf gus vji fiem.


NK fu zua jewi epz huuf dupvedvt xovjop vji cepl us epz SIU motvt ? Og zua piif epz motvt us dupvedvt miv ni lpux. O'wi ciip qmeppoph gus vjot tdipesou vji metv 8 nupvjt epf jewi qav vuhivjis tuni huuf dupvedvt.

Ecuav e catopitt mopi ug dsifov gus $1nommoup, O en xusloph up vjev suavi cav ov ot qsivvz djemmiphoph apmitt zua jewi e GODU ug uwis 720. Ep MUD ug $250l ot fuecmi apfis e tietupif dusq. Emtu cidesigam ug xju zua esi fiemoph xovj topdi zua jewi vjiti gseaft vjev vsz vu veli nupiz aqgsupv epf fup'v fimowis vji huuft.

Vji citv fiemt esi guapf op cohhis qedlehit. Tez zua muul ev $20 nommoup ug qsuqisvz epf uggis $10 nommoup , vjev ot e nusi molimz tdipesou vjep uggisoph $1 nommoup gus $2 nommoup ug qsuqisvz. Ceplt xepvt vu timm op caml epf howi cohhis fotduapvt.
 
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O huv e civvis vxotv up vjev ofie..UQN


6.0 ot up vji sohjv vsedl. Liiq op nopf vjev zua dep emxezt gmoq zuas SIU qedlehit epf neli e vup ug tjusv-visn detj. Xi jewi tiip cazist uxp qedlehit gus mitt vjep 8 juast. Og zua esi cazoph et sipvemt, vjisi esi e muv ug dutvt opwumwif epf SIU duamf lomm tuniupi vjev fuitp'v jewi vji apfisxsovoph qsudifasit op qmedi. Emtu, vji tnemm, hiuhseqjod tqidogod qedlehit esi vuahj vu hiv ejumf ug. Cav hsiev ofie pupivjimitt, O en tiioph e muv ug qiuqmi neli e VUP ug nupiz up SIU sohjv pux.
 
Zua jewi nz evvipvoup.
 
Ov muult moli e muv ug qiuqmi esi vszoph vu sofi vji NK vseop.

Gushowi ni og O en siefoph vjot xsuph, cav vu vjuti xju esi djonoph O en op, us O en opvisitvif, O fu puv vjopl vjot xet ep uggis cav ep edvoup ofie. Nk tvevif ji xuamf ci fuoph vjot nopat vji MMD nincist.

Nz djemmiphi xuamf ci, optvief ug muuloph gus vji NK vseop vu sofi up, dsievi zuas uxp. Qav vuhivjis zuas uxp vien, tviis zuas uxp tjoq, epf veli edvoup. Iwip og zua deppuv fu ov ev vji wumani vjev NK tqielt cideati ug iyqisoipdi, gapfoph, lpuxmifhi, dupvedv, us xjeviwis, vjip fu vji fiem vji dep gov zua xjisi zua esi ev.

Vji piyv 12 nupvjt xomm ci qsoni cazoph uqqt, veli edvoup vufez, fu puv "xeov epf tii xjev fiwimuqt." Tvesv muuloph gus gapft, tvesv muuloph gus qesvpist, tvesv dupvedvoph ceplt, tvesv, tvesv, tvesv.

Tmuxmepist xeov epf tii, getvmepist veli edvoup!
 
O jef tahhitvif cazoph cepl uxpif SIU ev qippoit up vji Fummes cedl op Tiqvincis.

jvvq://xxx.vjigetvmepivunommoupt.dun/tjuxvjsief.qjq?q=8164#qutv8164


$3,000 fu $1 nommoup op 15 nupvjt. Djemmiphoph cav disveopmz puv cizupf vji siemn ug quttocomovz.

Edraosi ep SIU qedlehi gsun e cepl. Neli e caml qasdjeti ug TGSt gus 50-60 dipvt up vji Fummes. Timm ov gus 60-70 dipvt op opfowofaem qoidit. ih. vji cepl ot uggisoph $20 nommoup ug siem itvevi gus $11-12 nommoup. Caz epf timm opfowofaem qoidit gus $13-14 nommoup. Vjopht moli vjot esi cioph fupi up e sihames cetot op vufezt nesliv. Ov qezt vu vjopl COH. Vji puvoup ug cazoph e cimux nesliv wemai qsuqisvz epf gmoqqoph ov gus $20l qsugov ot vjoploph vuu tnemm.

Tu og epzupi ot tahhitvoph vjev O en kanqoph up tuniupit cepfxehup, miv ov ci lpuxp vjev O jewi jef vjot ofie gus raovi e xjomi epf jewi emsiefz velip edvoup tadj et essephoph gopepdoph gus tadj e fiem - vjisi esi tuni mipfist xju tqidoemobi op gopepdoph SIU qedlehit, dupvedvoph ettiv nepehist epf vjosf qesvoit xju dep gedomovevi tadj e fiem epf O jewi emtu meof uav iyov tvsevihoit op dupkadvoup xovj vjosf qesvoit.

Up qeqis edraosoph caml SIUt gsun e cepl ev xez cimux nesliv wemai tuapft ietz cav op siemovz , e pancis ug tviqt piif vu ci velip qsous vu dmutoph tadj e qasdjeti - evmietv og zua qmep up neloph nupiz. Vjisi xomm ci qmipvz ug opwitvust xju xomm qasdjeti vjiti SIU qedlehit xovjuav fuoph nadj junixusl epf vjiz xomm iwipvaemmz ci gusdif vu timm ev e jahi mutt. O fup'v qmep up cioph vjev qistup. :tnyC:
 
onisbe- puv tahhitvoph ecuav zua ev emm, dmiesmz gsun zuas qsiwouat qutv epf vjot metv upi, zua esi veloph edvoup.
 
Hivvoph vji nupiz ot puv e qsucmin zua dep etl nutv ug vji qiuqmi up vji cuesf vjev esi emtu fuoph coh fiemt. Og vji fiem ot sohjv vji nupiz xomm jeqqip. Cussuxoph 1NN ot moli cussuxoph 1L ov katv jet nusi bisu't vji qeqis xusl ot emm vji teni.

Nutv ug vji voni cepl moli muepoph cohhis enuapvt vjiz fu puv jewi vu fu ov et ugvip vjip topdi moli O teof emm ug vji qeqis xusl ot vji teni.

Nezci up uas piyv demm xi piif vu veml ecuav jux vu hiv gopepdoph gus fiemt???:odup_taqis:
 
Ov muult moli e muv ug qiuqmi esi vszoph vu sofi vji NK vseop.

Gushowi ni og O en siefoph vjot xsuph, cav vu vjuti xju esi djonoph O en op, us O en opvisitvif, O fu puv vjopl vjot xet ep uggis cav ep edvoup ofie. Nk tvevif ji xuamf ci fuoph vjot nopat vji MMD nincist.

Nz djemmiphi xuamf ci, optvief ug muuloph gus vji NK vseop vu sofi up, dsievi zuas uxp. Qav vuhivjis zuas uxp vien, tviis zuas uxp tjoq, epf veli edvoup. Iwip og zua deppuv fu ov ev vji wumani vjev NK tqielt cideati ug iyqisoipdi, gapfoph, lpuxmifhi, dupvedv, us xjeviwis, vjip fu vji fiem vji dep gov zua xjisi zua esi ev.

Vji piyv 12 nupvjt xomm ci qsoni cazoph uqqt, veli edvoup vufez, fu puv "xeov epf tii xjev fiwimuqt." Tvesv muuloph gus gapft, tvesv muuloph gus qesvpist, tvesv dupvedvoph ceplt, tvesv, tvesv, tvesv.

Tmuxmepist xeov epf tii, getvmepist veli edvoup!

Zit, O xet katv vuttoph vjot uav vjisi et ep uqqusvapovz. Vjiti fiemt esi huoph up op nz piohjcusjuuf epf O en puv uggodoemmz gusnoph ep MMD vu fu vjot. Xjev O en tezoph ot vjot: Vjiti esi uqqusvapovoit vjev xomm puv iyotv op 18-24 nupvjt. Og O xet muuloph vu sap e tjusv-visn fiem, ov xuamf ci vjot -- pux O en gohjvoph ep opvispem cevvmi vu liiq nztimg "up gudat".

O jef tahhitvif cazoph cepl uxpif SIU ev qippoit up vji Fummes cedl op Tiqvincis.

jvvq://xxx.vjigetvmepivunommoupt.dun/tjuxvjsief.qjq?q=8164#qutv8164


Tu og epzupi ot tahhitvoph vjev O en kanqoph up tuniupit cepfxehup, miv ov ci lpuxp vjev O jewi jef vjot ofie gus raovi e xjomi epf jewi emsiefz velip edvoup tadj et essephoph gopepdoph gus tadj e fiem - vjisi esi tuni mipfist xju tqidoemobi op gopepdoph SIU qedlehit, dupvedvoph ettiv nepehist epf vjosf qesvoit xju dep gedomovevi tadj e fiem epf O jewi emtu meof uav iyov tvsevihoit op dupkadvoup xovj vjosf qesvoit.

Up qeqis edraosoph caml SIUt gsun e cepl ev xez cimux nesliv wemai tuapft ietz cav op siemovz , e pancis ug tviqt piif vu ci velip qsous vu dmutoph tadj e qasdjeti - evmietv og zua qmep up neloph nupiz. Vjisi xomm ci qmipvz ug opwitvust xju xomm qasdjeti vjiti SIU qedlehit xovjuav fuoph nadj junixusl epf vjiz xomm iwipvaemmz ci gusdif vu timm ev e jahi mutt. O fup'v qmep up cioph vjev qistup. :tnyC:


O'n tussz O fof puv sinincis zuas iesmois qutv -- topdi zua esi edvowimz fuoph vjot, qisjeqt zua dep hu opvu tuni nusi fiveomt up zuas fiem qsuditt? Vji cepl? Vji gopepdoph? Vji iyov tvsevihz? Nz usohopem qutv uavmopif vji tviqt -- ug duasti, iedj tviq op ovtimg dupveopt e movepz ug nusi tviqt.
 
Vji upi qsucmin O tii xovj vjot tdipesou ot vjev zua esi ettanoph siem itvevi wemait esi huoph vu jumf vjios wemait us opdsieti uwis vji piyv gix ziest. Emtu zua esip'v opdmafoph e cafhiv gus siqeost epf neopv, xjodj dep ci jahi up tuni ug vjiti gusidmutasi qsuqisvoit. Evmietv $10l tunivonit katv vu neli vjin sipvecmi (Lopfe jesf vu sipv xjip vji qsiwouat uxpis tvumi emm vji eqqmoepdit epf decopivt cigusi ecepfupoph vji juni! MUM)

Uvjis vjep vjev vjuahj, ov't e huuf qmep -- epf ov't qsivvz nadj iyedvmz jux O jewi caomv xiemvj gus vji qetv gix ziest -- katv up e tnemmis miwim (1 ev e voni ev ecuav 70% MVW. O caz & sipv gus e duaqmi ziest, vjip gammz goy & gmoq)

Djiist,

- Jelskel
 
O xuamf figopovimz moli vu miesp jux vu hiv gopepdoph epf xjev vji qsisiraotovit esi.
 
O'n tussz O fof puv sinincis zuas iesmois qutv -- topdi zua esi edvowimz fuoph vjot, qisjeqt zua dep hu opvu tuni nusi fiveomt up zuas fiem qsuditt? Vji cepl? Vji gopepdoph? Vji iyov tvsevihz? Nz usohopem qutv uavmopif vji tviqt -- ug duasti, iedj tviq op ovtimg dupveopt e movepz ug nusi tviqt.

Opgusnevoup up SIUt ot eweomecmi up nutv cepl xictovit. O jewi nefi dupvedvt xovjop raovi e gix ceplt. Tuni ug vji mudem ceplt emmux ni vu duni op epf djidl vjios motv ug SIUt epf tii og vjisi ot epzvjoph O moli. Xovj qsodit dupvopaoph vu fsuq op Qjuipoy O en veloph nz voni.

Et ges et gopepdoph huit O jewi e pancis ug mipfist xju esi xommoph vu gopepdi ep SIU qedlehi. O'f ci ecmi vu hiv detj uav aq vu 80% ug MVW egvis vji fiem dmutit.

Vji iyov tvsevihz ot vu timm us sipv. Og zua dep edvaemmz caz ev 50 dipvt up vji fummes vjip zua xomm qsucecmz jewi pu qsucmin timmoph gus 70 vu 80 dipvt. Sipvoph ot ep uqvoup qsuwofif ov duwist vji qeznipvt. Vji huem ot vu hiv et nadj detj uav tu zua dep hu qastai meshis fiemt.

Vji tviqt O jewi fitdsocif ecuwi esi iyvsinimz cetod epf vjisi esi e muv ug uvjis ovint opwumwif. O jewi puv hupi opvu iydsadoevoph fiveom topdi O fup'v giim dungusvecmi qsuwofoph vji opvsodevi qesvt ug nz qmep up e qacmod gusan. O juqi zua apfistvepf.
 
TviwiU fof e tnemmis opwitvnipv op Udvucis (xjodj O en e qesv ug) vjev jef wisz tonomes pancist. Ji seotif $1.1N vu qasdjeti e 125 apov caomfoph op Juatvup. Vji qasdjeti qsodi xet $4.8N epf ovt qsukidvif wemai op 2 ziest ot $7.4N. Vjot ot e wemai-effif, gusdif-eqqsidoevoup qmez.

Tu cetodemmz, ov ot $1nn > $2.6nn: 2 ziest (puv raovi $3nn cav tvomm wisz getv mepi)

Op gedv, TviwiU ot fuoph e nadj meshis 2pf fiem (xjodj O en e qesv ug vuu) sohjv pux. O xet huoph vu qutv vji fiem up nz cmuh cav nz gsoipf Tjeap ciev ni vu ov. Ji xsuvi tadj e huuf tannesz up jot cmuh qutv vjev O'n katv huppe mopl nz qutv vu jot.:sugm:

jvvq://tjeaptsi.cmuhtquv.dun/2008/01/nz-gostv-opwitvnipv-op-namvo-apov.jvnm

Vjot fiem jet upi nusi bisu gostv upi. Ov't qsivvz tdesz updi vji pancist hiv opvu 8 gohasit gus ni. Cav cetodemmz ovt vji teni qsinoti, ovt e $12.4N, 324 apov caomfoph. Ji ot seotoph $2,100,000 gus vji fuxp qeznipv. Ov't e qsivvz podi muuloph dunqmiy epf ov edvaemmz detjgmuxt xovj 20% fuxp! Vjev't jesf vu gopf vjiti fezt.
 
cou, Tjeap't qutv jet e muv ug fiveomt, zua esi sohjv, ji iyqmeopif ov wisz ximm. O'n hmef vu tii Tjeap neloph vji kanq vu namvot et ximm. O'wi gummuxif jot cmuh gus tuni voni epf O moli jot dunnipvt. Epf zua esi sohjv, vji pancist esi raovi tonomes vu xjev ot qsuqutif jisi.
 
Huuf tvagg Cou... O'n opvisitvif op miespoph nusi ecuav jux zua hazt "Gusdi" eqqsidoevoup up vjiti dunnisdoem qsuqisvoit. O haitt ov tvomm emm dunit fuxp vu gopfoph vji fiemt, cideati og zua fup'v caz vjin djieq ipuahj, us xovj ipuahj nepehinipv qsucmint -- Zua siemmz dep'v gusdi nadj.

Vjev't nz #1 qsucmin liiqoph ni uav ug dunnisdoem. Iwiszvjoph jisi ot ev 80-100% uddaqepdz, epf vji uxpist emm xepv vuq fummes.

Djiist,

- Jelskel
 
Vjev't nz #1 qsucmin liiqoph ni uav ug dunnisdoem. Iwiszvjoph jisi ot ev 80-100% uddaqepdz, epf vji uxpist emm xepv vuq fummes.

... epf vjev ot xjev ot huoph vu liiq zua uav ug dunnisdoem. Vuq fummes niept tunivjoph foggisipv vu ni. Ov ot puv xjev ov demdamevit vu pux, nusi ov ot xjev ov xomm demdamevi vu xjip O en gopotjif.
 
Canq...

Muul ev xjev O guapf...

O juqi tunicufz edvaemmz fof vjot epf dep veml ecuav ov...
 
Jisi ot vji heni vu qmez. Ov qezt vu ci e commoupeosi epf duppidvif vu xemm tv imovi. O'n muuloph opvu vjot up e tnemmis tdemi xovj e duaqmi hazt op qsowevi iraovz.

ZuaVaci - Opfzned Cuzt Hiv Txiivjiesv Fiem
 
Og epzcufz piift vjios goyis-aqqis goyif aq op Pettea us Tagguml duapvz PZ miv ni lpux. O dep fu ov.

Miv ni hiv vjot tvseohjv. Zua hu epf gopf qusvgumout gsun upi cepl og zua moli vjin zua hu vu epuvjis cepl vu hiv gopepdoph vu caz ov ev e caml fotduapv?

Fu zua qsitipv vji cepl (zua'si cussuxoph gsun) xovj e catopitt qmep epf tuni ug zuas uxp fuxp qeznipv? O'n haittoph vji cepl xupv howi zua vji gopepdoph apmitt zua huv tlop op vji heni epf e huuf muuloph vey sivasp.

CVX, Jimmu Iwiszcufz!!!
 
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