Dean's Private-PreAuction Events (Seminars)

Hey Rick....HAPPY NEW YEAR! Make sure to post a follow-up after the event and let us know what you find out. I'm sure many will be very happy to hear what you learn. ENJOY and take good notes. Wishing you much $ucce$$!

Hello Rick

Your comments are right on the money, I feel like you just told my story,and many others here. So please follow up and let us know what you see and hear.

I am always hearing about Deans seminars but where are they? Do they have any on the East Coast?
Barbara

Dean probably posts his seminar schedule somewhere here at his Web site, although I got a private invatation in the mail. I'm about to go out the door now. Apparently, the conferences aren't all on the East Coast, Ma'm, because I'm in the Texas Panhandle.

"Rick in Amarillo"

Seminar will be here in Charlotte, NC, on Jan 13. I got 2 tickets in the mail last week to the event, and a letter explaining everything.Looks like they will be going over everything you can imagine.

Curtis Fillers
(Charlotte,NC)

Yes as you stated "Dean can do 60 + deal a yr because he has money and options are wide open", BUT he didn't start that way. Yes, when he started it was a completely different world of RE. But the same thought process still applies.

It's not that we have to HAVE money to invest, we have to KNOW HOW to use (leverage) other people's money to invest. That's what Dean did/does now he has his own money if he choices to use it. I know for a fact, zero money out of pocket and zero credit involvement can close a deal. I've have copies of the checks to prove it. LOL And since then out of pocket has been on my marketing. Running a newspaper or bulletin board ad. If I do pull a property through agent and earnest is required, it doesn't exceed $500 and I get a $500 earnest from my buyer. So net effect is still $0.

As Greg Murphy says he didn't have money, but found a way to make a strategy work in his market using no money/credit.

just a though.....

Best wishes to you Rick and have you have more happiness, health and success than you have yet to concieve!

God Bless,
Jen

I'll be back to post more, later, but The Insider's Edge program is a must have. I've reviewed probably a dozen real estate programs in the last 20 years, and this is the best program I've seen. There was a lot of added benefit to the seminar, too.

You must take your checkbook, credit card or debit card to take advantage of the special offers, though.

I didn't say he was always that way, Jen, and there are many different processes, not just one.

Actually, it's both...many of us don't have our own money, and we also don't know how to access and levearage other people's money, including the government's. That's why this Insider's Edge Program is so crucial as will the private money lending program. I'm going to take advantage of the Insiders Edge and another program talked about in the seminar last night in the new year, and I agree with you that it's a matter of finding a strategy that works for the individual.

"Rick in Amarillo," Realtor

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You should be notified when the Insiders Edge seminar comes to your area, but I don't think this is something that Dean's company does a whole lot. It seems that they will be in NC later, in Texas this month and AZ later this month or next month (according to the Googling I did).

"Rick in Amarillo," Realtor

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Curtis:

Make sure you take at least $1500, preferably $3000 in credit, debit or check form with you, so you can take advantage of the DISCOUNTED (?!) prices at the seminar. I am confident that if you use the systems offered, though, you'll make that back many times over in 2011. Will you suggest to them that they put up a section on this site or create another site as to where and when these seminars are? I'll suggest it, too.

Thanks and stay in touch,

"Rick in Amarillo," Realtor

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I did get the Edge dvd's...yes they are very good...

Howdee Rick . You got it right !
Deans programs are good .
There is some nice suggestions here , thanks to them .
The panhandle is a special ball game isn't it ? Especially Potter, Randall, Armstrong, Swisher, part of Oldham Counties and what I've known as the I-40 I-27, US287 corridor. The good 'ol boys club attitude still hangs tuff .

The first strategy discussed last night is what is called wholesaling in which I belive the "Students," really don't obtain any ownership interest the properties purchased, at all, if it's at all like other wholesaling programs. The "Student" finds the property, and the company flips it. The good news parts are that the "Students'" risk is minimized, they don't have to use their own money and they get to share in the profits, but the bad news is they don't get any ownership in the property.

The company is investing in the property, really, not the student, and the student acts as a finder (of the property).

Realtors act as finders of properties all of the time for various types of buyers, including investors, and that's one of the things they earn their commission for, alhough the amount one would earn working with Dean's folks is actually much higher that what a realtor would get, so there is another up side.

The second strategy discussed in the seminar is buying tax lien certificates as an investment. This may result in an ownership interest in a property, but, most of the time, it does not. When it does, whether or not one considers it a good or bad thing is a matter of perpspective. If one doesn't mind owning an out of property and having to do a resell or renting it out (engaging in property manegment) from afar, then one would consider it a good thing. I would do so, and I would just hire a realtor or property manager (if it was multi-unit or commercial) for to manage the place. Surely Dean and his successful students use realtors and property managers for reselling and property management on their out of town (or state) properties all of the time.

The second strategy discussed last night was purchasing tax lien certificates, and I'll get back to that in a moment.

The second stragtegy that was discussed last night was purchasing tax lien certificates, and I have studied tax liens and their affects on mortgages and deeds in realtor school as well as in other real estate programs over the years.

The most important thing to remember is that purchasing a tax lien certifcate (I'll call a TLC), it is not the same thing as purchasing a property at a tax sale. One is not purchasing the property, they are purchasing a lien against the property, and, as with most things, whether or not one considers that a good position or not is a matter of their own individual goals and their perspective. I like the idea of purchasing the lien and not the house, and I will definetly be doing this in 2011! One of the reasons why I will be doing so is this really amazing, Web-based system Dean's collegaues have set up for doing so on a national basis.

But, again let me go back and say that most of the time one is not going to gain an ownership interest (deed or otherwise) in the house, unless one (the student/investor) has to foreclose on it. For me, I think that's great, because I don't want to own out of state/town property, and I certainly don't want to have to foreclose on it.

I'm not going to steal the thunder of the guys at the seminar, but when purchasing a tax lien one is really just purchasing a short term investment and earning a really good return on [that] investment (ROI), as much as 50% here in Texas. Although, one is purchasing a first position, as it's called in the real estate world, and I won't go into that here. In other words, if one purchases a $2500 TLC (from the county in which the property sits) and it pays 50%, then they are guaranteed to earn $3750 back, and the really fantastic thing about the program is that one can realize that ROI within 30-45 days. Of course, one can do it over and over again and make a nice living off it. What other investment consistently pays 18-50% repeatedly as often as 12 times a year that is guaranteed by county governments and decades-old laws? If this is done consistently over years, it certainly can make someone a millionarie several times over by retirement. So, anyway, go to the semiar and find out more.

Now, so far as what I've chosen for myself, I will wait on Dean't private money lending program as far as actually investing in properties with his company, although I may go ahead and do some things on my own in the mean time, including TLCs.