Some call it being in the right place at the right time, others call it God’s plan, some call it coincidence.  And frankly I don’t care what to call it, but I KNOW it sure feels good when it happens.

Nobody is more determined than I am to making this real estate investing adventure a success.  I’ve had hard lessons learned, unexpected events, challenges, and even crimes committed around me as we explore our path to financial success in real estate.  One thing is for sure, as Armando says about real estate transactions: “if it doesn’t work for you, it won’t work for me.”  And that is so true.  There must be a win/win in every real estate deal.

This is why I feel so good about this last real estate transaction on a property in Bakersfield.  I had just obtained the property and was absolutely delighted with the numbers.  There was a lot of profit built into this deal, and the rehab cost minimal.  SWEET!  But for some reason, the voices in my head were of those other real estate investing students complaining because they couldn’t get deals.

So I bounced the idea off to Eileen that we could resell this property to another Armando student, make a few thousand dollars fairly quickly (the rehab would take a few months), and move on to other properties.  She was a little hesitant, but then gave in.

I advertised the Bakersfield property to my network and on this blog, and to my surprise, was immediately contacted by a woman that was on the same initial bus tour we were on in June of ’09.  They had been trying to get a rehab deal ever since that bus trip without success.  She said I was a “Godsend”, and that I’ve answered their prayers.  Talk about filling my ego!

I’m happy to say the transaction closed and it was a true win/win real estate transaction.  We made money, my real estate agent made money, my contractor will make money, and my buyer will make money, and  her real estate agent will make money.  OK, so that’s a win/win/win/win/win.  AND, the end buyer will still get a great deal!

Dang that feels good!