Creating Wealth Through Real Estate

Our Granada Hills, CA rehab project is near completion and we are offering all agents and buyers a preview of the home BEFORE it goes to the MLS. If you are an agent or buyer, contact us via email to express your interests.

The minimum price that will be accepted is $480k and the buyer must be conventional (no FHA). The home is a 4 bed 2 bath 2307 square feet wih 2 car attached garage. It has a pool, spa and bonus room with office, room for pool table and built in bar area. This home has been completely remodeled with new stucco, new paint in and out, new windows and sliders, new kitchen appliances, pool was re-plastered, travertine tiles in bathrooms, granite countertops, new carpet, new ceiling fans in each bedroom, and much more.

This is a must see and due to the very low invesntory on the market, this equity sale will go FAST! Get your preview and have the opportunity to submit offers BEFORE competing with the MLS buyers.

10564 Collett Ave, granada Hills, CA 91344.

Previews will start This Friday, August 7, 2009 and you must contact us for a showing.

Today was a very productive day at our Southern CA rehab project. While I had to deal with some quality control issues on one end which set us behind on our time line, I was productive in other aspects.

Cleared the pile of scrap in the backyard and tossed it into the dumpster, went to my second home (Home Depot) and picked up some sheets of 5/8" plywood to lay down as flooring in the master bedroom (the floor level in this room was 5/8" below the hall and other bedrooms and needed to be raised so the carpet had no transition problems once it is laid), the toilets for the two bathrooms, some misc. supplies, and materials to build a small fence around the pool equipment.

The flooring in the master bedroom (plywood purchased) was installed and screws were used to keep in place, the bricks and mortar were completed in the front entryway (they look great), and I repaired several of the broken fence pieces in the backyard. It was hot today (not quite as hot as the previous few days) so I jumped into the pool to cool off towards the end of the day as I have the previous few days. What a life saver this pool is!

 I was not satisfied with the texture coating and paint job in the bedrooms so I had the project coordinator come to the job site to talk about my concerns. He will have the workers sand down the texture and repaint the areas so that the quality meets my standards and I was happy with the implementations he instructed the workers to perform. Tomorrow, I will again check the quality of the work to make sure it is to the standards our potential buyers would expect in a home of this quality and cost.

This set-back is a perfect example of why it is so difficult to perform and manage a rehab project form out of state and why I will not do so again. All of my rehab projects are and will be local, and when the time comes that the market is not condusive to this strategy, I will adjust and adapt as I have always done.

We had the livingroom fireplace completely refaced with red brick (the existing brick was old and ugly, and some were missing or broken) and it looks fantastic. It really makes the room and since we removed the ugly 70's style wood paneling on the walls in the living room and dining room, the new look will dazzle the potential buyers who see it. I am very pleased with the outcome (although it was an added cost not factored initially, the expense will be re-couped in the sales price).

Looking forward to what tomorrow brings!

William Barnard is Managing Partner of Nationwide Property Investments, LLC and President of Barnard Enterprises, Inc. Will participates in millions of dollars in real estate transactions each year and has experience in nearly every aspect of real estate investing, including rehab flips. Join his FREE Membership at www.nationwidepropertyinvestments,com and start or continue on your journey to creating wealth through real estate!

As most of my blog readers know, my most recent REO purchase was made in Granada Hills, CA for the very low price of $312,500. I have since put $42,000 into it in rehab expenses and it looks like a brand new home! It will be sold to an end buyer for at least $485,000 which will give a gross profit of $130,500. After holding costs and re-sell costs, the net profit (pre-tax) will be over $90,000 on just one deal!

Follow our video series on this rehab project and watch how we do it. We have several students in our "Make Me An Investor" Program and they are in their 5 week of the 8 week program. They are doing fantastic and are learning the process in a hands on fashion, getting all their questions answered, and travel with us to potential rehab projects, to our current rehab project, as well as listening to actual phone calls with agents and service providers.

We are announcing the second round of our Make Me An Investor Program today and invite each of you to contact us by email for an interview request. As in the first round, not all applicants will be accepted. We are looking for dedicated and motivated people who want to learn the right way and who are truly committed to success! In doing so, our student success rate will be second to none. Getting the tools and contacts necessary is only one step in this process. The other is up to you! You must do the work as the profits will NOT just fall into your lap. Our program is not a get rich quick scheme or some bogus means to artificially excite you. You WILL be required to put forth the efforts required to be successful and those who do not show the qualities to do so will not be allowed into our program.Limited spots will be available so contact us ASAP for an interview request.

If you had an interview for round one but were not accepted or did not enter the program, we may require you to re-interview so please contact us by email to check in. We can take both local or out of area candidates. The local candidates have the advantage of personally visiting our rehab projects, but our out of area ones are certainly invited to do so and we also have many videos and visual aids to make you a success.

Our 8 week program will teach you exactly how we locate, negotiate and close REO properties at steep discounts, rehab them, and then re-sell them for maximum profits. The program includes building your team, funding your deal (includes locating private funding), dealing with contractors, exit strategies (including wholesaling), market and financial analysis, calculating rehab costs, and much more! No stone will be left un-turned and ALL of the strategies and techniques we use for success will be shared with our students for this money making investment strategy.

All candidates are required to interview for a spot in the program. You may do so by sending an email to us at will@nationwidepropertyinvestments.com expressing your interest in entering the program.

William Barnard is Managing Partner of Nationwide Property Investments, LLC and President of Barnard Enterprises, Inc. Will participates in millions of dollars in real estate transactions each year and has experience in nearly every aspect of real estate investing, including rehab flips. Follow his new video series on buying, rehabbing, and flipping REO's for maximum profits at www.nationwidepropertyinvestments,com and start or continue on your journey to creating wealth through real estate!

We just completed part IV of our Make Me An Investor Video Series and are very pleased with it. It has been a lot of fun doing both the rehab on this project and filming the videos so that you all can follow along with us.

William Barnard is Managing Partner of Nationwide Property Investments, LLC and President of Barnard Enterprises, Inc. Will participates in millions of dollars in real estate transactions each year and has experience in nearly every aspect of real estate investing, including rehab flips. Join his FREE Membership at www.nationwidepropertyinvestments,com and start or continue on your journey to creating wealth through real estate!

Today, the pool was replastered at our Granada Hills, CA rehab project and it looks great. The pool will sparkle now once the water has filled. (Can't wait for the pool party!) The tile in the entry way, dining room and kitchen was picked up today and our crew got a great jump start on the install of it. It really looks fantastic and will be a warm and inviting experience for potential buyers.

The roof repairs were also completed today and the two bathroom remodels are done except for the vanity installs (all the travertine is installed and the walls are all done and repaired). I spent a few hours cleaning up the scrap from the back yard and front yards and tossed it in the dumpster, watered the lawn in the front and cleaned up the front appearance as we get closer to having potential buyers look at the property now that it is close.

Monday or Tuesday will be the day in which the interior walls get texture coated,  the remainder of the baseboards installed, and then the painting. The exterior is mostly complete other than a few touch-ups and the front elevation, which has been dramatically changed, looks fantastic! The before to after pictures of the front elevation are going to show a dramatic improvement, so much that it will look like two different homes. Of course the interior has some dramatic and fabulous changes as well!

We also had another conference call with some of our students today going over the weeks work as well as the past two weeks. It was another great session and our students asked some great questions. Next week they hit the streets again and get some offers made. We look forward to seeing their first deal contracted!

Stay tuned for our next update as well as the next video in our Make Me An Investor Video Series.

William Barnard is Managing Partner of Nationwide Property Investments, LLC and President of Barnard Enterprises, Inc. Will participates in millions of dollars in real estate transactions each year and has experience in nearly every aspect of real estate investing, including rehab flips. Join his FREE Membership at www.nationwidepropertyinvestments,com and start or continue on your journey to creating wealth through real estate!

Welcome back to our updates on our new investor program called, "Make Me An Investor" It is all about teaching our students EXACTLY in full DETAIL from start to finish, how to buy REO's, rehab them, and re-sell them for maximum profits. Our current students are doing great and are loving every minute of the program. We are real educators teaching othres what we do, as we do it!

Take a look at our video series, part III.

William Barnard is Managing Partner of Nationwide Property Investments, LLC and President of Barnard Enterprises, Inc. Will participates in millions of dollars in real estate transactions each year and has experience in nearly every aspect of real estate investing, including rehab flips. Join his FREE Membership at www.nationwidepropertyinvestments,com and start or continue on your journey to creating wealth through real estate!