Contact Panel
Kenn's Details
| Investment Type: | Development |
| Wholesale | |
| Commercial | |
| Activity Level: | Full Time |
| Investing Since: | 2003 |
| Reason on REI: | Make Partnerships |
| Selling Wholesales | |
| Other Website: | www.kdessinger.com |
| Member Since: | 05/18/2007 |
| Last Login: | 07/31/2008 |
Education
HVCC - 1998 - A.S - Computer Info Sys
RPI - 2002 - B.S. - Computer Science
Albany Chamber - 2002 - Entraprenural
Global Resources - 2002 - Discount note buying
Millionaire University - 2003 - REI
Robert Allen - 2004 - REI workshop
Peak Potentials - 2006 - Financial Education
E-Myth Mastery Graduate - 2007 - Business Systems
Programs purchased:
Carlton Sheets - No Money down
Russ Whitney - Success Strategies
A.D. Kessler - REI
Robert G. Allen - Nothing Down
John Beck - Tax Deed Certificates
FDI - REI Training
John Alexander - Inverse Purchase
Lake Conroe Deals
My Blogs
| DEAL: Rehab | $30K Proft | |
| Written: | 10/15/2007 |
| DEAL: Rehab | $29K Proft | |
| Written: | 10/15/2007 |
| DEAL: Rehab | $16K Proft | |
| Written: | 10/15/2007 |
| DEAL: Rehab | $82K Proft | |
| Written: | 10/15/2007 |
| DEAL: Rehab | $17K Proft | |
| Written: | 10/15/2007 |
Rehab Deal
Northboro Deals (MIG)
Watch this video
Houston Investor
Business
Greetings,
I'm 30 years old and i've been investing for three years full time. I have residence in Houston, TX and Albany, NY. I officially retired from the corporate world on August 15, 2004 (obviously a date I’ll never forget). I graduated from Rensselaer Polytechnic Institute (RPI) with a B.S. in Computer Information System and today it’s completely useless. I wish I could have saved all that tuition money and invested that into some investment courses. Oh well, we all live and learn. I labored for 12 years as an Information Technology specialist and made lots and lots of money for the investors of a national trucking company called Velocity Express. In my last year with the company I led a team of logistics engineers and together we saved the company $20MM off their bottom line. Guess how much of that money I saw??? So hence my early retirement and my new career as a general investor.
I currently invest in Real Estate, Tax deeds, Forex, Gold, Gems, Sports Arbitrations, Online Casinos, HYIP's, Turnkey Network Marketing Products, Businesses. I stay away from; OIL, bonds, stocks, USD$ Currency, restaurants, and bad deals. If you have a deal you would like to me to purchase or analyze you can send a complete investors package to this address: kdessinger@usa.net
NDA's will be returned within 24 hours.
I’m very proud of the last project I’ve been working on. It’s a real estate investment franchasiable corporation called Mentor Investment Group (MIG). In a nut shell this LLC of 10 investors uses a corporate REIT to build communities of single family homes. We build between 50-150 properties per deal and they range from $90K – 140K ARV. After the build we use a proprietary marketing & technology system to bring in retail buyers with injured credit and owner finance them for 6-18 months. I was responsible for implementing the technology & data systems and in return I would get the knowledge of how to properly execute large commercial deals. This business is complete now and is accepting active investors looking to franchise or passive investors for the REIT (15-35%).
So now what am I doing? I just added a top gun builder to my power team and I’m finally getting into building multi-million dollar homes on the lake. I am personally rebuilding my credit so I haven’t been able to take advantage of these deals myself. The only thing I can do is assign or refer people and negotiate a referral fee with them. Every deal I package is nothing down and comes with 100% financing built into the deal. Average profit to the investor on these deals is $200K-$800K. These are real, and yes you can see some of the completed deals.
Contact me if you are interested in doing business. I have my hand in a little bit of everything that is linked with technology. My keys to success is the use of mastermind teams and natural laws to remove any obstacles.
CURRENT DEAL
TIME EXPIRED
This property has gone to foreclosure. We were unable to come up with an investor for this deal. My heart goes out to the Pate family for the loss of your home.
ATTENTION INVESTORS
I have a real estate deal in hand with a buyer.
I'm looking for a credit investor to hold the note for 12 months.
You will be paid on both the front and back of this deal.
This is a limited opportunity Pre-Foreclosure deal and timing is critical.
I have a 3/2/1 – 2,505sq feet home under contract in west Houston, TX. City of Katy and Subdivision of memorial parkway. This home is in great condition and needs no repairs. I also have a buyer who can afford the monthly payment and is ready to move in immediately.
The Seller:
The seller is facing foreclosure due to a death in the family. He is in the process of moving out and is willing to discount the price of his property. His request is to get $5,000 out of the deal to cover his moving expenses.
The Buyer:
I have a buyer who is living in an apartment building and paying for another under old lease terms. This is costing him over $2000 a month. His lease is up now and wants to move into a house immediately and starting building equity. The buyer is a professional engineer clearing over six figures a year but currently has injured credit due to credit chasing and living beyond his means. My company will be working with him for 12 months repairing his credit and getting his finances straight. At the end of 12 months this buyer will use his new credit to get his own financing. This buyer has agreed to purchase the home for the full appraised value of $132,000.
The Investor (YOU):
We need an investor willing to use cash or credit to secure a first note of $114,000 which will stop the foreclosure and you will become the deed holder. The buyer will do all property management. You will then lease this property to the buyer for $1,062/mo (9.0% on $132K). This cash flow is yours to keep for the duration of the year. At the end of the year the buyer will cash you out and you will receive the difference. This is a perfect example of a win/win opportunity.
The Numbers:
Market Value: $124,000
Appraised Value: $132,000
Repairs needed: $0
Purchase price: $114,000
Profit: $18,000 + $384/mo cash flow
If you use a credit line remember you did this using OPM (Other people’s money)
If you would like more information, details, terms, or to schedule a showing, contact me:
713-589-4435
or
Email: kdessinger@usa.net
Thanks and happy investing.




















