5/20/12 BP Newsletter: Pacing Your Investments, Increasing Profits, & Speeding Up New Deal Screenings
Hide thisFriday, May 28
I was finally able to meet the homeowner to go over doing a short sale. It went very well and I had my realtor along with me. He help explain to the seller all their options. The seller was weighing the option of selling the house on their own. My realtor explain all the fees that would be associates and the finally price was impossible for the sale of the property. So I was able to get all paper work signed and will meet them next week to get the rest of the financial documents. So ready to put more deals into the pipeline.Tuesday, May 25
I have a meeting with a CEO of a real estate brokerage in a few hours to go over how we will work with them to get their short sales completed. He said he has one short sale already he wants us to work on. Thursday I meet with a home owner who wants to put his property in a short sale. So I know with these others will come in be in our pipeline. I'm really looking forward to it, because I have been putting in a lot of work networking and making sure I'm educated on the subject.Saturday, May 08
I been working with some realtors in my business and tend to see they are not motivated to make the steps to get some deals. I understand they are new to working with me and there may be fears, but that is their job to call other realtors and get deals done. I get them to be Joint Venture Partners, but don't know how hard I should push them.
Really, wish I can get in contact with realtors who are serious about making some real money working with us. I know some realtors are use to clients coming to them and want them to drive them around looking at houses just to buy one. I'm looking for realtors to work with my company to get a lot of deals done and make more money then they ever have before.
I'm hoping things start to turn around soon, because I'm investing a lot in my company and want them, myself, and my partners to be very successful and make a lot of money together.
Friday, May 07
My name is Adrian Johnson and I am 27 soon to be 28. I have a son name Christian who recently turned 1. I work at Blue Cross Blue Shield of Georgia as my primary job, but I want to switch that to a full time investor. I bought my first house when I was 21 and a year later bought my first rental property. Even at a young age I knew I wanted to be involved in real estate as a investor.
I did years of research and worked on building my credit until a point where I could really get out in investor on a larger scale. I started my business, "Black Shield, LLC" back in 2008. I still wasn't able to do a lot of business due to expenses of buying properties, I guess my main focus was to be a rehabber and fix and flip and also fix and rent.
Fast forward to the end of 2009. I started do more research on wholesaling and figure that will be the way for me to make money and get deeper involved with real estate. I still needed more money to work with to get deals done. So I decided to sell shares of my business to family and friends. First my long-term friend Jeff joined. Then I got my other long-term friend John to join. My two cousins (brothers) Paris and Trey joined. Then, my high school friend Donnis joined. So the 6 of us are the partners of Black Shield, LLC.
We now research time and money and got the opportunity for our business to do wholesaling, short sales, and renting. We are always looking for ways to network with other real estate professionals to get deals done.