Kenn

Screen Name: kdessinger

kdessinger
Points: 304
Houston, Texas
United States
OFFLINE
At Your Sevice
rank 2 Full Time
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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
Formal 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
These are the million dollar home deals we are doing on Lake Conroe, TX.

 

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
This is my first Rehab deal. Located in Pasadena, TX. 

Northboro Deals (MIG)
Community development project that my company Mentor Investment Group is actively managing.
 
Watch this video




 

US Home prices adjusted for inflation plotted as a roller coaster
it's hard to see but you can see the years in the lower right corner.

 

Houston Investor
My Friends
kdessinger has 101 contacts

mandypsold TheKlopper Hunternvesting
mandypsold TheKlopper Hunternvesting
immiverka VanEatonGroup timandlisa1208
immiverka VanEatonGroup timandlisa1208
JFILZA mprgomes kll1975
JFILZA mprgomes kll1975
www.GeorgeCapponydotcom petra Art937
www.GeorgeCapponydotcom petra Art937
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, BusinessesI 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.

Pre-Foreclosure List
I publish a monthly Pre-Foreclosure list for Harris county, TX.  If you are interesting in purchasing a copy please add your information and you will be notified on the 15th of every month when the data files are ready.

Kenn's Comments
whinvestments

From: whinvestments
08/03/2008
Thanks for adding me. Hope that your weekend is going well. I also hope that we can do some business together!! Looking forward for great things to come! Kim

moneytrain

From: moneytrain
03/20/2008
Hi. It seems you have a pretty good background on this real estate business. I'm interested in wholesaling and ordered a course from Robert Allen so I have an idea of how it works. I see you know about R. A. and the Carlton sheets also. I hope I can mimick what you're doing and be successful as you one day. I'm looking for a good assignment contract with clauses in it to cover my back, do you have any examples? Any help is appreciated. That sounds like a good opportunity on that deal you have, wish I could help you out.

bac524
Ambassador
From: bac524
01/16/2008
I have a package of 11 property's in the Dallas/Ft Worth area. There are 9 SFH and 2 duplexes. The property has a management company in place licensed and bonded. The property are rented except one and rents equal $8345.00 per month. The property are currently and will cash flow. The value (BPO) is $806,525.00 and I will sell for $645220.00 80% LTV. Property need no repairs NO REPAIRS, updated in the last 2 years. I need to sell quick to do another project so need the cash and credit freed up. If interested leave me a note.

SeeAllListings.com

From: SeeAllListings.com
12/27/2007

Post all real estate listings and open house here for free. Not just a realtor site. Find consumers from every backround and get some free exposure for your listings



lcarretti

From: lcarretti
10/29/2007
Chilling in <italy, on vacation and just figured out how to use the message center. Sorry that if didnt reply to your message.  I would have long ago asked you to meet up with me. We are having cash flow games now on Tuesday nights. have you heard about the NRU Community of investors? This is a great resource for anyone who is getting started in serious investing.  Looking forward to meeting and working some deals together. I am currently working in Tenn, Pa, In, and Ca on REOs and Short sales. My next meetup is Nov 10th, in Costa Mesa. It would be great if you can make it.   Some times I  have homes wholesale under $20,000 if you are interested. email me. or if you have anything like this let me know. Leslie





bewealthy
Ambassador
From: bewealthy
09/24/2007
Thanks for the request... I have a weekly inspirational and life changing quote that will enlighten your day and can be of great use in your business. I also write a blog on each of these quotes explaining my own experiences or ways you can use it towards your real estate business and in life. Other than that, thanks again and visit my profile weekly. Livy

sharlyng

From: sharlyng
09/13/2007
I am a cash flow specialist as well looking for note sellers, have plenty of buyers. I do plan to be an investor myself when I make some money and work on my credit. If you know of any paper or if you have paer to move help me out.  Sharlyn Griffin (334) 275-4738 or griffinsharlyn@yahoo.com.

Dayta

From: Dayta
09/13/2007

Hi Kenn,

Thanks for the welcome. I also look forward to working with you. I thank you in advance for any referrals you can send my way.

Much success to you.

Nate!



bgross

From: bgross
09/11/2007
Wow, pretty good #'s. I have run across .38,.50 .70,.25. not to good, except for the .70.

bgross

From: bgross
09/11/2007
Ken, to answer your question, I am a finder, not principal. But I plan to invest myself when I am financially able too. I have a very good supply of discount note buyers.So, if you come across any paper in that area, you can count me and the investors I have in!!!

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