FAQ: Answers To The Most Asked Questions - Start Here

Hello All..

I recently finished reading the book and ran into a situation today where a co-worker is looking to purchase a condo for 73,000. She has really good credit but is having a problem getting a loan. She currently has a Real estate agent. The property is currently bank owned..I feel I can help her by way of a Broker but don't know what the first step should be?? PLEASE HELP!

dee

I'm new also, but from what I've read here - the best is LLC (Limited Liability Co). I plan on setting that up, but as it's not free - I will have to wait till I get some transactions done. I know there are suggestions on here, as to where to go to get the LLC set up. Go to the search box, and type LLC. I'm sure you'll find the complete information your looking for, and I hope this helps

Regards, and Happy Hunting

i was wondering if there was anyone on here that was in louisiana. i just recieved deans books and i will start to read them tommorow. i have been looking around on this site and things look promising but my head is still telling me it might not work for me. could someone help me....i have really no money to put down "my bills or eating that up" lol. i do have a job but my credit isnt so good, and i am currently renting. i just need some advice on what the best way to get started with only 300 to 500 a month to spare????? please help. i will read the book but j/w if any one has any suggestions and advice????

What are the benefits or handicaps of being a realtor who wants to use Dean's strategies?

I loved Dean's book. I was laid off 3 months ago and am running out of money. I'm 61 years old and unemployed. I have enough money to pay my rent in this trailor for one more month and then I will be homeless unless I figure out what to do in order to generate some income. My family in Georgia rejected me
because I am broke and went to prison years ago when I was young. My sister and her husband own millions in real estate yet they managed to weasel a few acres of land out of my biological father before he died. He told me that that land would be mine someday because I was the only one of us kids to have anything to do with him. My sister and brother never had anything do do with him and called him a drunk. While i was living in Texas years ago my sister
and her husband (millionairres) concocted a scheme to get whatever he had left
before he died. They told him that I was a drug addict and a hippy ( a lie) and convinced him that I wasn't worthy. My dream is very modest. I am seeking the Lord in my life and all I want is an acre of land in the country with a mobile home on it and a garden. I don't have to be rich but I would be willing to devote the rest of my life toward helping others to reach their goals and avoid all the heartaches, pitfalls and rejection that I've endured. I'm not asking for a handout or to be spoonfed. I just need some help getting started. I took up art in 81 and have a website yessy.com/cwcookart but no traffic. I am not a loser and I will prove it.

Love to talk to somebody in las vegas that could help me. I have a good motivated realtor family friend and 2 homes that r going to foreclosure. I'm running out of time and i ned some tips. Yes, i've have read the book but i guess i'm a little scare. I'm living in one home i'm paying rent but the owners r letting it go and r collecting the rent money??? Another home my girlfriend and her ex can't sale a condo thats been on the market for awhile???? I probably alreay know what to do but i guess i ned a little assurance from somebody thats done it.

I have not recieved my books yet but i've been doing a little playing around on the site to get used to it. I really don't know how to use the help desk to ask questions, does anybody know how?

I have been watching alot of the testimonials and they are really motivating me to get out there and get started. I just watched the fast start video clip and printed out the fast start form to get me started and more orgainized with the obstcles, opportunities, strengths, and action steps i need to take. I really want to do this! I don't have any experience in real estate, i'm a single mother, i have an associate of science, i work as a mcdonald's manager, and i live in a duplex (renting).

If anybody out there has ANY SUGGESTIONS/HINTS/WORDS OF WISDOM let me know, i would really appreciate the help!

Thanks,

Ashley

Faith can move mountains!!!

Hello to all,

My husband and I did some real estate business back when the market was booming. We made quite a bit on money and are looking to get back in. We just bought Dean's books and audio. I've already listened to the "Profit..." book and really could relate to what he was saying. Now we're ready to get started... Wish us luck!

Question: What supplies, materials, or office equipment do I need to get started? For example: voice mail, fax machine, busines cards (which I have) filing cabinet, cell phone, did I leave anything out? If so what is it? Besides a team...(Realtor, Investor, etc) I would like to know the approximate cost. Thanks Firebird0413 from Conyers, GA.

If you are not getting the answers...Turn the coin and take action! There is so much given info on this site by exploring it! Then it could come down too...People,Places and things! If i gave you the answer...Now what good,would that do.

Randy
2for1
"ACTIONS do COUNT"

I live in NYC. How do I get started?

hi anita, i am just starting with investing in real estate. I have contacted a real estate agent i asked her if she knew of any investors in my area that offered referral fees and she responded with "why would an investor pay me a referral fee outside an agency". would it be better to find an investor on craigs list?

is it good to find investors on craigs list that are willing to pay referral fees

Dean's books have motivated me to actually get moving on real estate investing, and I seem to be at my first obstacle..

I have found a bank owned property I would like to buy and resell after doing some cosmetic improvements and cleaning. My wife and I have experience doing renovations and have inspected the property and feel we could turn the property around in about 2 weeks from purchase. I could easily pay the entire mortgage and taxes on the investment property in addition to my own mortgage, but I do not have any cash for a downpayment. I cannot seem to figure out how I can get 100% financing, I keep being told it can't be done. The property I wish to purchase is listed by the bank at $75,000, I feel I could get it for around $68,000 and it will appraise very close to $100,000. I know I can make money by either flipping or even renting the property (similar properties rent for around $900/month), but unless I figure out how to come up with 20% down, I can't seem to get financing from anyone. Any suggestions would be appreciated....

Hello, I just turned 18 and am about to graduate high school. I have no money and no job but would like to get started in this real estate investing.

Many testimonials said "no money out of pocket" and stuff like that so I was very inspired.

I am more than willing to put all my effort into succeeding in this program, but I would like some help in the beginning to learn about how it works.

I know coaching is available but I thought I'd check here first. Does anyone have any suggestions or anything they might just want to say to me(tips, etc.)?

I just got the book today and will read it tomorrow. But I still would like some help with my first few deals.

If there's anyone in minnesota or north dakota who'd like to coach me a little and go on a 50/50 profit split deal, I'm more than willing. I just want someone who has experience to help me get the hang of it and build confidence

If there's anyone ANYWHERE in the USA who has a lot of experience in this and would like to coach me and do a profit split, I'd be willing to travel, for the sake of, and in hope for a better future, and financial freedom.

Send me a Private Message if you or someone you know would be willing to coach me and do a 50/50 profit split on my first deal.

I am new to this. Is there anyone in my area that can give me some tips to get started. I am very motivated to get going!!

I live in Los Angeles, CA and there are 3 markets that I'd like to focus with
the no money strategy. I have a potential buyer that wants to buy a home has
good credit and whose purchase price goal is between $417K and $450K.
However, I finding the area that they want to be in is saturated with Dean Graziosi
investors.How do I find a gem when there are too many people trying to do
the same thing?

I look at craigslist and almost every posting in Los Angeles has an automated
recording with an extension. I was looking for an apartment for my mother before
I learned about this system and every recorded message or I ran across I instantly
deemed a scam and just hung up. Are people in the Los Angeles area really getting
calls from this type of advertisement?

Lastly, I am a college student with loans up the you know what. I own my home
because it was passed down to my husband and I, I'm trying to modify my loan to
make it more affordable and fixed, and I have three young children. I can't afford
the educational proportion of this system and my credit is in the high 500's.
Can this system really work for me? I'd be willing to sign an agreement giving
exchanging the proceeds of my first of deals for a coach to walking me through
and making it work. I believe this is the only way to get my husband on board
although truthfully I'm doing it with or without him.

I am looking for my first home that I would like to keep and rent out, if the numbers work for a positive cash flow. But I would like to do some homework on the demand of renters in my area. Temecula Ca. Is there a website I can check for these figures in different areas?

Hi my name is Sean and i got his book but still need someone to talk to about it,to show me step by step on what to do.Im 19 years old and love the business but very scared!Help,was wondering if you can give me a call at 301 650 1919..if you have time. thanks very much!

What are the points about and how do I get more ?

Thank you

Hi, im new to te system and i have a couple questions. i have not yet received the book, but my question is if i can start making som type of money even though i do not have any?thank you will appreciate any comment.

HI, im new to the system and i wanted to know if i can make some type of money without having any?

Hello. I also live in minnesota and I am also new, tryung to get into real estate investing.

If you are interested in helping me once you learn how, or would like to team up for the first few deals and learn together, please let me know via PM

I am 18 yrs old.

Hey I am super nervous with locking up on my first deal because im afraid that I will not find a buyer in the 15-30 day time period. Any advice?

Thanks

Dana Clark

I heard dean say on tv that you can make money by not using your money. My question is how would you do that without any down payments or getting credit from a bank?

Salim Boumoncef

I got Dean's books yesterday and wondering witch one to start with first
the Profit from real estate now or the Be a real estate millionaire can some one help?

I bought Dean's books can some one please tell me witch one is the best to start with Profit from real estate right now or be a real estate millionaire.Also can someone give me some help me on what to do if I have no money at all I've loss my job due to co.cutting back.And I've been interested in real estate for many years and think now is the best time. I'd love all the help I can get. P.S. I'm ready to rock n roll with this Thanks craftman777

Robbie,
First , welcome to the dg family.
I would start out with bird dogging. It is the easiest way to get your feet wet with no risk,money or credit needed. What you can do is build a buyers list by advertising on CL and other sites for investors. when you gat a reply tell them you come across great deals and are willing to give them the leads for a fee. Then ask what kind of houses they are interested in and what area's and go find great deals.
There is a post on bird dogging in the forums. click on furums and go to the anything else page, ther you will see the bird dogging link.
good luck.
Richie.

Hello...

I've recently posted ads online and have gotten some good response. I have a question? A agent has contacted a FSBO, they sent me the terms but I do not have the property information; although I have just requested it.

Here is what they gave to me from the FSBO.
750K will finance
1.2M appraised (in up mkt)
4-units 2br/2ba
1400sq ft.
rents for 1500-2400 per month
50K down
5% 2yr. balloon pymt
rents currently at 6K per month.

The information is vague since I have not spoken to the FSBO, the agent responded to my ad with this information. I requested the property information so that I can do the analysis, myself. I am unaware if the agent will give this information but wish me luck. Do you have any suggestions of how to approach getting the information, their affiliation with the seller, and more importantly I explained to them the importance of knowing the nature of why the FSBO is needing to get rid of the property.

I appreciate everyones comments in advance...thanks:)

I'm on chapter #4 and saving up my cash to utilize Dean's coaching staff! I'm totally convinced I can make this system work for me.Then pay it forward to some younger person or couple and train them!!!