Rina

Hello Rina,
I have been part of the DG family for about a year but I am just starting to take action. I am running into so many roadblocks but I am not giving up. I am finding that the people here in West Central Wisconsin are so traditional. I guess I don't know where to turn to get that first deal done. Agents go running when they here what I want to do. I have no money to put down. So I want to work on those type of strategies, but everyone says it won't work. I even have people calling my number off of my bandit signs telling me that my business is not legit and now my bandit signs are disappearing. Like I can afford to buy more. Any advise? Thanks, Peggy

This is my first blog (being new to the DG family) and we have an immediate challenge . .
One of our objectives is to use REI to raise funds for our ministry projects.
We're meeting with a builder friend this week who has a couple dozen homes (too many) he built just before the RE market fell.
We hope to get details, (balances, liens etc) and to see about helping him find investors @ 30 cents on the $.
These are fabulous homes built to sell for 3 to 5 million ea. Any suggestions would be most appreciated!
Blessings . . Chaplain John Miller

need hard core advise

I have 5 good buyers,I have 7 property's that match there criteria.I am a member of the academy and the SFL program but i am scared to death to lock them up under contract for some reason?? Im doing assignment of contract do to bad credit and paying off debts .. Example- total view says there at 100k listed at 65k i figure to offer 55-60 to the seller, my buyers want 30% equity so they should pay 70k right?
There is defiantly room for error and profit right, so why am i so scared any body that has been at this most critical point please tell me i need to just do it i dont know why im so scared maybe because every other thing i ever tried didn't work ? and i want this to work so bad i have heard it from all that have made his work that this is so easy and it seems like it is , witch to me seems to good to be true.
I have been none stop at this for 5 weeks making progress like i should hitting all goals an know Im right there, so why am i backing off and scared .. if you have been in this spot and made it work like i know it should and will please help me to understand and get past this i need this so bad. Right know i need to hear from people that got past this most important part of this great journey
Help Me Understand
Bob & Sandy
__________________

robert a sanfilippo

Thank you Rina for all that you have contributed and continue to share of your wealth of knowledge and experience.
Please let me introduce myself. I am a father of three, disabled, and currently on SSI. Though my Dr.'s have told me my work load is almost zero I feel that I don't want to live off charity and am trying to make my own way. I am a newbie though I had purchased BAREM Dean's first book in 2008 I have found it hard to find my niche. So I am hoping that you might have the time to peruse my initial plans to work within my means and advise me as to the feasibility. First I'm on a limited budget so starting in Hawaii is somewhat out of my range unless I can acquire more resources and work as an inbetweener I believe the term is Bird-Dogging. I think that moving to Colorado or somewhere in the Continental US would allow me a better chance as it's so much cheaper than Hawaii. I am currently trying to close a deal in South Central Colorado, Owner Financing, for 5 to 25 acres overlooking the Colorado River and the Rocky Mountains. Not necessarily to flip but to build and possibly sub divide. Also something to leave behind for my Three children. So far the owner's who live in Texas have taken a liking to me and have offered to work with me in anyway that they can. They are elderly and though I am 57 yrs. old they refer to me as youngster. They have offered me initial negotiations of 150.00 down and 150.00 per mo or better price with no terms at 9,500. Lot is double staked, county maintained Road, water table at 20 feet, and electric near by. 2 poles away which I would have to pay to extend to my lot. I might have to do some assigning here for some quick cash. Have been corresponding with Carol Stinson here and on twitter and facebook. She has such great resources but so little time.Well, I'm trying to keep this as short as possible but my main intent was to Introduce myself and sign your Guest Book. Hoping you can find the time to offer me advise, or and good words of wisdom. I have quite a bit of computer experience upgraded my computer to two terabytes next month two more. One for Win 7 ultimate, one for Win XP Pro and two for Linux to operate my own Server and Domain. Thank you in advance should you have the time to read this post, and my blessings for any response you maybe able to offer.
Again Aloha and Mahalo from Maui Hi.
Warmest Regards to You and Those You hold Dear to your Heart. To Quote Burt Bacharach and Hal David, "I say a little prayer for You!

Daryl Mau

Hi there Rina -
Just viewed your interview of the 2010 EDGE yesterday - one of the main reasons I purchased the DVD set. I am originally from the Milwaukee area so glad to hear that you are from Wisconsin. Go Packers!! I was quite excited to hear of your method and are very interested in trying it out myself. The areas that I am having difficulty in right now is the private lending aspect. I will start checking out my local banks to see if they offer no seasoning re-fis using the FMV -
I have a contract on a HUD home now using financing and I thought the mortgage was on the FMV (75% to 80%) however while in the process I learned that it was which ever is lower which is the purchase price....meaning I need to come to the table with about $20k - which made my husband FLIP out!!
He stated "I thought this was all with no money down".
Any other thoughts or forums that I could try to find some assistance with private funding? The house I am looking at is next door to the one I have under contract - hope to get for $50k with about $15k in rehab. ARV is around low to mid 90's I would suspect.(Waiting on my appraisal to come through anyday now for my house under contract next door).

Would love to work some deals with you as well from one former Wisconsinite to another....Have a place up in Minocqua where we visit every summer!!!

Hope to hear from you soon.
Laura

What do you say to claims that this system is a scam?

http://www.scam.com/showthread.php?t=116296

Check the link and let me know. I'm considering purchasing.

Jim

Hi Rina how are you my name is Brenda and my son Salvador was telling me about you. Both i and my son resently sign up with Dean and hoping that we can try and raise some type of capital to try and sustain the family, especailly with the way things are. he did tell me that u are 1 of JW and I am also, so he wanted me to talk to you and try and get some feed back on how we can make some things happen. He has an invester that is interested in purchasing some properties for 65 cents on the dollor. Please if you can help us out we would more that happy to listen how we can get the ball rolling.

Hi Rina,

My question is, when doing an REO deal
how do you buy this and what is your exit stratagies. Since financing is so
tough now how can we sell the house on creative financing ?

I am just working on a buyers list now
and hope to start doing deals soon. I would appreciate your input, thank you!

Harry

Hi Rina, I've seen you in on THE EDGE 10 I'm willing to work with people I can trust. You are one of those and it would be my priveledg if you give me an opertunity to show you what I can do, I'm not great with the computer even though its the way I make a living Please give me an e-mail to forward the info on my 3 good investor properties EDGAR

Hello Rina, my name is Roger I'm a newbie, so be gentle with me. I was sifting through the group posts when I saw the post about the Fannie Mae deal. I'm contacting you because I found 2 properties right next to eachother. One has been, for lack of a better word, abandoned for at least 2 years and is owned by Bank of America and the other was vacated almost 2 months ago but is owned by Fannie Mae. Both need a very little TLC. My question is, what can I do to get both these properties locked up, a little money to do the TLC'ing and enough time to get tenants in them as rent to own? Oh yeah, BTW, I'm broke with bad credit. I am starting my ventures with assignments, as soon as I build/find some investors.

Hi to all just getting started reading deans your town your realestate about half way through it very interesting stuff im a retied bus driver on disability looking for better way to billed retirement up this looks like the way dont understand every thing yet slow process for me but from all the forums ive read plus deans videos i fill confident one day i'll make it as i try to grow i'm sure i will have some questions and need some help because this is all new to me.thank you all jmaney

I saw your story on "THE Edge" DVD's
and thought....Wow....
You are an inspiration.
I am Brand new to this and if you can give me any advice, it would be greatly appreciated.
I am in MN, and every Agent I've interviewed has told me these techniques are illegal or do not work.
I am hoping to prove them all wrong!
Take care and know your story has helped
me believe that with enough work and faith anyone can do this.
James

First, let me tell you that I got the same thing up here (northern WI) when I first started, all the "professionals" telling me "That's illegal!!". Well, it would have scared me from trying if I didn't see so many DGers here doing it! lol. Now all the "professionals" see what I do as the norm, and are used to the creative stuff. Do they all like it? Nope. but that's ok. When properties sell, the peeps in the industry make money. And even if you do a private, creative sale, at least it's movement in an otherwise stagnant housing market, so everybody wins!

Keep at it! you're gonna do great! We have a lot of opportunity up here.

Welcome to the DG fam!

Rina

Today I had a RE Agent tell me on my page "if you're performing this in Arkansas, without a liscense, it's illegal and you could be charged a fine. There's no agent in Arkansas that can legally give you a percentage without you having a liscense in the state that you're "practicing" real estate."

Now my Question is What in the worl is he talking about and What do i need to do to generate buyers for my buyers list.

When matching the agent that over that home to my buyers list what is next to do? Because i have over 50 ppl on my buyers list and I just started in December.

How can I get paid? What contract I need between the Agent and I?

Problem #1: I have a Buyers that just today have been approved by the bank. Problem is that the house he wants is listed by a real estate agent.

How can i close this deal and still come out on top?

please help.

Hi Rina...my name is Javon Lowery one of Deans youngest student, and ive seen some of your posts and comments and i respect you a lot to the fact that you take time out of your day and help others..
There are people watching at all times and i wanna say God bless you for making other students of Deans to understand certain strategys and techniques.
Ive wanted to ask you a question which ive already bought your town and right now and ive chosin to do the Greg Murphy as known as Lease option.
Ive already have my Tenants buyers in order, but im wondering what type of sellers could i focus on, FSBO, REO'S, pre-forclosures?
If you could help Thank you very much in advanced

Lowery,

i gonna get sued for doing assignments o boy did i contact the wrong agent

realtor told me i could go to jail for doing any assignments I said you know me i am always looking at proprieties and reading new books he said you dont have liscense i said i have buyers he said i dont care

husband came home told him realestate told i couldnt do this he laughed and told me i could do anything i wanted to

Hi Rina, I wasn't at the edge 2010, but have the dvds. I"m very impressed and inspired.
I am a success academy student.
I am a former cabinet maker, I had brain surgery in 2007. Social security and my limited savings will not take me where I want to be. I always wanted to do real estate rehabing because of my knowledge and relationships with other tradesman. I think I need to do assignment of contracts to start out with. I have no debt,(other than membership to academy)I have no more funds to put toward real estate investing.

I attend rei club meetings , place ghost ads on craigslist ( actually copied one of your ads), classifieds, put out flyers, do research on specific properties, and send out mailings. Still I am having problems finding local investors.

I am from The Madison area and know you are located in northern WI Any thoughts on potential buyers in my area? Or buyers in your area that purchase properties in South Central WI?
Thank you so much for any suggestions you may have to offer.
Scott Slack

Hi Rina, Tell me I tried to make my first deal but it fell through. I know you have four children, I have five grandchildren and one of them is behind. I'm trying to do something with real estate. How have you done this? I'm looking for a partner I don't know which way to go I'm LOST>> please give me some feed back. I will appreciated it very much.

Rina, hi how are u? Rina I have been following Dean and the other investors for awhile now, I know U are the Lease Option Queen. Well, I have buyers coming in from my ads but no house and I don't want to keep them waiting or worst loose them. My ad for "I Buy Homes" haven't generated any leads yet. What can I do to get these homes for these hungry buyers? I want my first deal or even first few deals to go through. I FEEL IT, I'M RIGHT THERE. Please Help. Thanks. Be blessed. Mr. Godfrey

I see you post alot and I just wanted to say hi. LOL We are just getting started and I have spent all day reading a little bit of everything. You are very encouraging to everyone!

Denise

Hello my name is Jose Guzman and I am really needing some help as soon as possible or I think I will lose out on good deal. I am in Houston,TX and I have potential earnings on a comercial property. Here is the scinorio, a good friend of mine is a club owner and wants to sell the property. I have found a buyer that is very interested and is already on a trial basis working in the club to see how the business works and well its almost a done deal that the buyer will buy. My friend, the owner of the club had already promised me a 4-5% on the sale if it goes through. I want it to be legal but I dont know how to go about it if real estate agents are involved. As far as I know there are no real estate agents involved at this time. I was wondering if I can use an assignment contract and if so how should I handle this? My finders fee would be devided into me and another person which we found the deal for my friend. Any advise would be greatly appriciated. Thank You

I have a house under contract need help moveing it

I'm a newbie and I want to be part of the DG family and get involved. I have a journey ahead of me. I'm currently looking to build a buyers list and I also know that the best way to do this is to go to REI groups. I currently do not own a car. I wanted to know if you can give me any feed back in how to get investors until I get a car and I'm able to travel. Anything would help and I would really appreciate it. Thank you.

Can you please send me a template on property presentation to the buyer with all important info.

Thanks
Chad Dudley

where do I go to get on the forums

Hey Rina,
First let me say that after much prayer, I came across Jer.29:11 and asked God to lead me in the right direction. That lead to reading DG's BARAM, Here I am....talking to you.

Anyway, I recently took the Insider's Edge boot camps. The big thrust for doing slo's was to use two contracts. A lease and an option so that there won't be chance for "Equitable Title". But when I tried to find them, all I see is lease agreement and lease w/option to purchase.
I have a deal in the works. The seller is willing to l/o to me to relinquish payments for full sale price and I have a family that went through bankrupsty making good money that are moving to the area in two weeks.
Please help!.....I want to do the deal but the contract confusion is holding me up. Can u advise?

Hi Rina,
I could use your help. I still have not done my first deal, but I would like to bird dog with you with this one property (and who is a customer of mine). If your not interested could you refer someone who might.
The property is valued for 2011 $326,800, it sold for $352,850 in 2004.
The owner is in foreclosure and will go to action in less than two weeks. My client who lives in this house was leasing with option to buy, but now will have to move and doesn't want too.
She wants to put down as little as $20,000 at higher interest rate or up to $50,000 cash for a lower interest rate and is looking for someone to carry and finance her. Her credit tanked because foreclosure on her house. She use to make over $300,000 a year in Bonds, but now her income has dropped sharpely. She is self employed. She sold her $90,000 car for $50,000, which is were she got the money from. Someone needs to act fast on this. This is in Gilbert, AZ
I would like a finders fee of $5,000 between us, please (my client doesn't need to know about this). If you go with this deal. I have copied off the proptery information for you when you need it. Please get back with me right away one way or the other please. Thanks for your time.
I'm looking for my step up to turn things around for myself as well.
I believe the Lord is ready and able to meet my needs, yours and my clients. It is time for my turn around!
Valerie Ellis
RightChoiceToday

hi there

i am ultra new to real estate investing. i have seen dean's ads on tv over the years but have allowed the jitters of the unknown to overwhelm me. i have finally decided to get his latest book 'your town...' but before i do i have just one question.... is this book a good buy to ultra newbies like me?

georgie

Hi Rina,

I have been following your comments and see that you are very knowledgeable. I have recently finished Dean's book, and I am a new investor. The strategy that I believe will be best for me to start, because of my flawed credit rating. Is to contact investors who are willing to pay a finders fee on wholesale properties.

My question to you today is this. I have done some research, and I have found an investor who is selling properties at wholesale price. I would like to approach them with the proposition of finding them buyers for a finders fee.
Should I start placing ads for buyers first or should I make a deal with the investor first.

Thank you so much for our time,

Jennifer

Do you have a twitter account or other way We can contact you for real estate
Thank you

Hello Rina
I am happy to know some one hear in Wi is making this program work!
I have been ready for a year to join the SA but my wife is afraid the 100% refund after 5 deals is a hoax. Any words of wisdom that you could share with her to help her calm her fears would be appreciated
Thanks
Ed

Yes, please show her this response! I, and MANY others have absolutely received their refund (to the penny! I still have a copy of the check.). I don't know what is offered right now, but I know Dean has always been true to his word on whatever guarantee he offers, no doubt about it. If they're still offering that, I say TAKE ADVANTAGE WHILE YOU CAN! Honestly, you can't go wrong with ANY of his products/programs if you do your part. And that's not a trick phrase or something. Just means a person can't sit on their butt, gotta take action. You ready?? Yay!!!! I wish you all the best!!

Rina

Guess all I can do is apologize for the lack of responses to anyone in the long gap since I've been in here. I'll do my best.

Kinda fun being so busy enjoying REI and retirement, but I always want to give back, too! Payin' it forward is a good thing. I am SOOO grateful for all who have invested in MY life and I love seeing others go on to do the same.

Keep on going everybody!

Blessings,
Rina

Rina, I am working with a few investors who I have not yet done a wholesale deal with but I am very close. I am wondering how the deal should be setup if it is listed with a realtor on the MLS. How would the assignment work out? Do I lock up the contract and close then sell to the investor or something different? Please advise any details that you believe will be helpful. Thank a bunch!

Dear Rina, my name is Alla Mourans,i just get into RockBottomBlueprint program and i read the manual in just one day and i've read about your marketing tactics and that you are from Wisconsin, i am from Illinois but temporarly happend to be in Wisconsin too and i just wonder if this would be posseble maybe to talk to you and maybe to meet you someday,i would love to!!! If you could please let me know if this is posseble,i understand that you exctrimely busy and what part of Wisconsin are you? I am in Milwaukee supborbs Hales Corners 53130.thank you so much and looking forward to introduse myself, Sinserely,Alla

Hi Rina,

I have purchased one of Dean's books and read many of the other resources available including purchasing last year's Edge tapes. My credit is okay but rather not use my credit at all. How do you qualify for the loan and lock - up a deal that you potentially want to assign to another investor without using my credit?

Thanks, Burt

Hi,Rina ~~~ Have been meaning to post a hello and thank you for both the Journal idea and the Glossary. It is really handy to be able to stay on site and check on meanings; however, I was just trying to find 2 things I had run across (1 acronym with 2 meanings, 1 term w/ 2 acronyms), did a Google search for real estate acronyms and abbreviations, and came up with a wiki that's currently at 671 listings! By my count, you currently have 120. Wondering if it's possible/ethical to import/append another list or refer people to that site and free up your valuable time? I'm just sayin ...
Thanks again, Jennifer

Hi Rina, do you know of these and are they a good Idea for quick cash?
Thank you
God Bless
Nathan

Any recommendations for software for a mac. to keep track of all the Buyers, sellers, properties, offers, counter offers, power team etc.?

Thanks for starting the journals. I have just started reading Dean's book and can't wait to finish it. I received it at one of his "Insiders Edge" seminars. I have seen his informercials and always was hesitant to get up and GO with it, until now I am watching all the NOW "weekly Wisdom" blogs and on #144 I believe he spoke about mentors, sponsors if you want... I was wondering where might I look in the forums to hopefully find a sponsor? I live in the San Diego area and am hoping to find a sponsor...
Thanks again,
John

Rina, I am a new-be, I have searched the contracts and forms for what I need but I can't find them. Can you please help? You sound like you know what you are talking about. I'm meeting with a home owner Monday to sign a lease to own contract, I would also like an assignment release in the contract so I can fix it up and sell it for a profit. How do I do that?????? Is there one contract or will I need to add another contract as an addendum? Where do I find the right contract for assignment? ReeREE

hi rina my name is cesar im brand new here. i want to know if there is any way you can help me out i want to get into real estate bad. im a hard worker . please help i need someone to guide me and i promise to pay you back HUGE. please.

First of all, I would like to take this opportunity to say that you are such a gr8 inspiration in this biz & blog. Thank you for sharing your wisdom with all of us at DG Blog.
I was speaking with Bryon Heal earlier & he suggested that you might be interested or know of a buyer that may help us purchase these 2 deals.

I found a great 3 office/1 floor bldg and I finally got the nerve to pick up the phone and call both owners (divorced) and their attorney as well. The ex-wife is willing to assist finance her 50% share of the property and when I spoke to the Mr. he was shocked!! But is willing to cooperate if the price is right.

Details:
3 offices in 1 dwelling, parking for 29 cars,needs at repairs between $25k-$35k, and the asking price was $900k 4 years ago. Asking price is $500k.
The location is a great vicinity that is 1 mile from a major hospital in central Florida and highways, very busy vicinity with offices all around.

Thank you,
Liz Lyn

I just finished watching the live EDGE event and saw you. I've seen a lot of your posts and never expected you to be real. I'm glad you are.

Deans program is all about not using your own money in any such part of doing real estate. How would I get a home inspection without using my own money? Thanks!

Deans program is all about not using your own money in any such part of doing real estate. How would I get a home inspection without using my own money? Thanks!