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Upcoming Events this Spring!!

April 2, 2012 by Editor

April Events

InvestClub for Women – Two Nights!!  April 17th & 18th

This is one of my favorite investor meetings and I will be the guest speaker for both their meetings!!

Tuesday, April 17th – L.A. Meeting – Sportsmen’s Lodge @ 12825 Ventura Blvd, Studio City, CA 91604

Wednesday, April 18th – Orange County Meeting – South Coast Cultural Center @ 9 Truman, Irvine, CA

Both meetings are from 6:30pm to 9:30pm

Hope to see you there!

_________________________

May Events

May 5th – Cinco De Mayo

One Day Wholesaling Bootcamp!  My popular class is back!!  Make sure you sign up early and be prepared to learn and take MASSIVE action!

Click HERE for more information.  Make 2012 your BEST year yet!

My First L.A. Rehab Story…

January 5, 2011 by Editor

My First L.A. Rehab Story…

Well folks my first hands-on Los Angeles rehab is finally complete and ready to close escrow in 8 days!  It’s been a long, challenging few months, but it has also been a tremendous – and PROFITABLE- learning experience!  I definitely took on a big project that would scare a lot of seasoned investors, but I’m fearless like that!  Actually it was the solid numbers and great neighborhood that made it easy for me to decide to do this project.   Not to mention my pleasure in seeing a house that was about to be condemned by the city transform into a house so pretty that the buyers want to hold their wedding there!

Los Angeles Rehabbing

Before Rehab

Los Angeles Rehab Project

After Rehab

This property had great potential structurally and profit wise.  WARNING: You are about to see some serious bragging:  A wholesaler we found through craigslist brought this property to our attention.  This property was about to be demolished by the city and a $40,000 lien put against it.  The seller had inherited the property from her aunt and didn’t want to deal with this.  The wholesaler was selling this to us for $165,000, but after looking at the condition of the property we negotiated it down to $110,000, which included a $20,000 wholesale fee.  At that time the comparable sales were about $400,000 and we estimated repairs at $85,000.  The final numbers: repairs were $150,000 and final sale price $515,000.  So what could have been a serious drop in our profit was more than cushioned by the recent “bubble” in the neighborhood.  All the partners involved in this project are happy with the outcome and are ready to do some more!

I’ve been asked what lessons I’ve learned from this project.  There are so many so I may just create another post about that; however, my biggest lesson was to ALWAYS work by the numbers and not the emotion of the project.  Even if we had sold at our original $400,000 estimate we still would have made a nice profit anyway.

How about you?  What has been some of your recent accomplishments and/or lessons learned from real estate?

Los Angeles Rehab is Looking Great!

August 30, 2010 by Editor

Los Angeles Rehab is Looking Great!

Los Angeles New Remodeled House

Los Angeles Views Through New Double Doors

We are moving very quickly with our rehab project in the Cypress Park/Mt. Washington area.  Located at the top of the hill we have spectacular views all around!

This is just an example of one of the rehabs we’re currently working on in the Southern California market.  We are actively looking for some more properties to rehab and/or wholesale to our many cash buyers.

Our money partners on this deal are also very excited about the progress we’re making (not to mention the great returns on their money!).  In today’s market, why keep your cash in a bank CD or Money Market account when you can easily earn 3-4 times that investing with a company like ours?

I’ll keep posting pictures on our progress.  If you’re interested in being on our buyer waiting list for this property when it’s completed please send me an email at support@ocwholesalers.com.  This property is going to have all the bells and whistles–including a large deck to take advantage of the amazing views.

REGISTER NOW: 1-Day Wholesaling Bootcamp

June 28, 2010 by Editor

**Get Started with No Cash or Credit**

How would you like to make $3,000 – $5,000 in the next week? What can you do with this extra cash? Can you pay off some bills? Go on vacation? Help friends and family?

At the workshop you will learn the 5 steps to wholesale a property and get paid quickly!

Event Registration Online for 1-Day Wholesaling Bootcamp – Nov 6th powered by Eventbrite

Real Estate Summer Classes Are In Session!

April 29, 2010 by Editor

Real Estate Summer Classes Are In Session!

This summer I will be teaching and speaking at a variety of events.  If you have always wanted to learn about real estate investing the correct way then come hear me teach you how you can get into this business today!

I will be showing you how to get great deals with no money out of your pocket and no credit. At each event you will walk away with enough knowledge of how to find motivated sellers, how to get the property under contract, and how to sell it for a quick profit.  I’ll also show you how to negotiate fairly and ethically with sellers and buyers so that you can make sure everyone in the transaction wins.

I will be speaking at these events:

  • May 19th — InvestClub for Women in Irvine
  • June 17th — SoCal REI in Brea
  • June 19th — Realty’s 411 Summer Wealth Summit in Los Angeles

I will also be announcing my upcoming 1-day bootcamps at these events so make sure you attend to get the details.  Be sure to bring your business cards because you will be networking and making those connections that are so important to your business.

Hope to see you there!

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Deals! Deals Everywhere!

April 16, 2010 by Editor

Deals! Deals Everywhere!

Riverside Wholesale Property

Riverside Wholesale Property

OCWholesalers.com has been flooded with great deals these last couple of weeks!  Word has definitely gotten around that we don’t mess around but can help both sellers and buyers to get the deal done.

We have deals for everyone: rehabbers, landlords, subject to deals, free and clear… well we’re keeping the free and clear for ourselves.  Don’t worry though we have some great wholesale properties you can buy right now!

So sign up to receive instant access to our discounted Southern California wholesale deals or call us for more information.

If you have a property you want to sell with no hassles or high selling costs, give us a call and we’ll give you a cash offer!

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Costa Mesa Rehab!

February 1, 2010 by Editor

Costa Mesa Rehab!

Costa Mesa Wholesale Rehab

Costa Mesa Wholesale Rehab

We’re looking for back up offers on this wholesale deal!  Looks like the buyer may not be able to close on time.  We need to close by FEBRUARY 8th, so cash buyers only!

Quick run down: Purchase Price: $494,000  |  After Repair Value: $900ks  |  Repair Estimate: $160k

For more information sign up to receive property alerts (Box on the left) and you’ll be directed to our deal page.

or just contact us!

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Check out our wholesale properties!

January 25, 2010 by Editor

Check out our wholesale properties!

We’ve been working hard to bring you the best deals in Southern California!  Word has gotten around that we can close on our properties and sellers have been sending us their properties.  So take a look at the deals we have right now.  Some of these are great for the fix and flip rehabbers, whiles others would be perfect for landlords.

Anaheim Duplex

Great fixer for rental or flip!

Here’s a summary:
Anaheim Duplex for $292k [pictures]
Long Beach 8-plex with Subject To Financing!
Palm Springs SFR for $304k, ARV approx $536k (appraisal)
3 units in Bell, CA **Reduced Price**
Duplex in Santa Ana

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I Love Real Estate Investing!

January 5, 2010 by Editor

I Love Real Estate Investing!

Last December was a great month for OCWholesalers.  We also had the chance to share the love of real estate with new students and with the Women’s Invest Club in Irvine.  Here are some pictures of the Women’s December Panel:

InvestClub for Women

InvestClub for Women

I also want to share some goals for the company this year and I invite any interested parties to contact me if you’d like to participate with me.  Here’s what I’m working on with a couple of associates:

1) Buying bank owned residential real estate in bulk.  We are putting together an investor packet to raise $5M in the next few weeks.  We have access to bank asset managers who have Southern California bulk deals so we’re excited to start on this project.

2) As many of you probably heard the commercial real estate market has started to hit a downturn.  I have made direct connections to asset manager for several banks and have started working with them to close on some properties.  If you have any commercial properties that currently cash flow and have an upside let me know.

3) Buying Non-performing notes.  We’ll be buying residential NPNs and restructuring the loan for passive cashflow.  We are also raising private money for this, so if you’d like to invest with us just let me know.

As you can see we have a very busy year coming up!  I look forward to working with you some more and creating new alliances!

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Structuring Private Money

December 9, 2009 by Editor

Learn How To Use the Private Money You Find!

Structering Private Money

Structering Private Money

Taught by Dave Berens  | TONIGHT Wednesday December 9th  |  Time:  6:30 PM to 9:30 PM

You Will Learn:

  • How to Structure Deals Your Money Partners Will Love
  • How to Manage the Deal From Start to Finish
  • How to Find Money and What to Say to Everyone You Know and Meet
  • What Paperwork to Use and When to Use it

Non Member Cost: $39

Dave has completed almost 60 transactions and has ONLY used Private Money.

This class is NOT about RAISING private money – but rather HOW to structure the deals with Private Money once you get them – or better yet – BEFORE you get the deals!  Also -knowing how you can structure the deals – helps you to have a more educated conversation with your (potential) private money people!

Click HERE to register!

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Next Page »

Blog Posts

  • InvestClub for Women Panel Dec. 18th
  • HouseFlippingHQ.com features Ginger
  • Winter Real Estate Class – Just Added!!
  • Long Beach Event – Cancelled
  • Upcoming Events this Spring!!

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