New Forum: Start Your Journal Here - Read First

I received Dean's books on Friday and finished them both by Monday. Needless to say, my kids watch a lot of TV this weekend!

My husband and I are so excited to get started investing but we are a little nervous too because this is all new to us.

I drove around and found a distressed propety which I found out is a REO
that is not listed yet. I left a message with the REO officer today. Hoping
to hear back soon.

I HAVE ENJOYED READING THE FORUMS AND JOURNALS. I PLAN TO FOLLOW IN THE FOOTSTEPS OF THE SUCCESSFUL INVESTORS HERE!!

Jenny

This is my first post i have read the PFRERN thanks to Dean. I have began assigning deals. None of which went through. I have posted ads for investors wanted on craigslist and also, started building my buyers list using the news papers. I am in Orlando looking to invest in New Jersey, and Orlando. I have no finances, no credit, but i am filled with optimism about where this will take me.

We are scared as hell! We are reading and learning and wettin our pants. *Smile* Not really but close. We pray that we can make it work for us. We are looking into the Central Florida and New England area to make deals. Anybody having success in those area?

Still prayin,
Alice

TI AM FINISHED READING PFRERN.THANKS DEAN.I'M AT GET SET,NEXT IS GO,I'VE POSTED AN AD ON CRAIGSLIST NEEDING INVESTORS.I'M WORKING IN NJ AND FL.I'VE CALLED A FEW AD FOR INVESTORS. I CAN GET SELLERS 1,2,3 ALL I'M RUNNING FOR IS INVESTORS FROM ANY STATE. I HAVE LEARN ALOT FROM EVERYONE'S POST I AM HOPING TO HELP OTHERS WITH MY EXPERIENCE.THANKS TO ALL HAPPY INVESTING

wow! here i go...it's time to start, feeling depressed, hate job, got to do this.

My husband and I have been on this journey for a few years now. We have some investing but limited to buying rental units. We have been stagnent for a year or so. I saw Dean infomercial and ordered the book, read it then I got the next book. Very Good! Dean made it seem easy enough that I could do it.So I am.
So here we are I have a buyers list of 8 people, 5 in one price range and 3 in a higher price range.I still need more buyers. It is time to get started I met with our realtor today; investor "savey guy" I like him. He is interiged about us as we are him.
I am still scared. we put in 5 offers and will be doing 25 a month minimum. Oh Boy! I still haven't found my niche yet. We sent out 500 post cards and I have 4 ads on craigs list.placing more bandit signs and flyers out tomorrow. I get nervous about someone seeing me hang up the signs...
I want this to work so bad I can taste it, if you know what I mean.
It took a while before I decided what to do "fast cash" thats my game. Buy it cheap and pass it on.
I will try to stay on track.

You have just helped me put my life into perspective. I too have had a very challenging five years beginning with a near fatal auto accident with multiple injuries, cervical spine surgery to regain use of my left side, Hurricane Charley and a tornado, loss of a job three years this coming February, a fall a year ago this past December in which I broke multiple bones in my left arm and wrist and tore my rotator cuff that later required major surgery a year ago this past July, my mother passing away this past January after a four month bout with bladder cancer. So, believe me, I empathize with your adversities and empower your future.

All that being said, I listened to Dean's call last evening and it was inspiring and I am most certainly ready to change my former and current financial situation. I am honestly desperate to make changes in my life. I too, am intelligent, but I oftentimes don't listen to my gut and it is usually right. I tend to overanalyze everything and oftentimes try to reinvent the wheel rather than just getting in the wheel barrel that already is working. I also tend to become overwhelmed and it paralyzes my action. I'm one of those people who has to have everything done right if it is going to be done at all.

I have always had an interest in real estate and now it is time to put my sincere interest into a business venture. I have the ability to look at something and see how it can be different. I have college degrees which is great but it also tends to make me overanalyze things and consistently question things. That can be an obstacle. I have read many books on real estate, attended seminars, etc. and am ready to put that knowledge to work for me and hopefully make communities that have experienced hardships recently better places. I am excited about this venture.

Best wishes to you in your new career.

I have been a member of this site since 3/09 after I read Dean's Real Estate Millionaire book. Unfortunately, I am still trying to get started - trying to get more information on real estate investing has given me information overload. It's also partly because I am scared to get started. Not that it was all a waste of time - I was able to get some great beneficial information After listening to Dean's call last night - I realized that Dean is the real deal and he really cares about people. I ordered the other book and is looking forward to reading it. In the meantime, I will be writing my goals down and developing a business plan for success.
Any advise for newbies will be appreciated.....

Alena

Hi All,

My name is Angie and I'm very very new but I'm here. I was reading some of the comment and I see that you can get a lot of help here. Today I was on the web and I found 3 property but the one I would like to buy first is the landlord because he want out. I have not cash and my credit is bad. I'm going to one of the group to see if some one can help me. On what to say and what to do so I can buy my first property. I'm looking forward to meeting new friend here.

Hi All,

I finishes Reading Dean's book about couple fo weeks ago and now I am on my second read and some of the things that I read through are making more sense now.

My biggest draw back I am not able to mentally retain the knowledge that I gain I am very forgetful. I am taking this as a Challenge. I intend to read Dean's book as many times as possible so some of the tips and techniques gets ingrained.

Today will be my first call for pre-foreclosure property, Zestimate $576K, I will offer 40% that value. I have no clue what the outcome will be but I am taking it as a learning process. In past two weeks I have identified 1 Vacant multi family house (200K FMV)) on sale and 1 FSBO and many small houses on sale ranging from. Going to make calls to all this realtors and throw in offers.

If I can get a deal done this month it seems I will get confidence boost. You want believe but I do not have the slightest idea what I have to do next as I have forgetten most I have read but taking a step at a time to a goal of one house this month.

I will keep all posted on my progress.

Regards,
Bimal (It is may real name)
Budd Lake, New Jersey

i have had Dean's starter book for a while but just just dusted it off, cracked it open and started reading it this past weekend and I read more than half of it. I could't put it down. I am real excited about the opportunties but a little paranoid about incurring more debt. i like the idea that Matt Larson had about rounding up your buyers first but not confident with my sales pitch yet. But more worried the sellers will have questions that i don't have answers to. I have trouble trusting my buyers too to follow through but i guess a few successes under my belt will take care of all the uncertainties. I think the exit clauses saves you too which is comforting. Not to the end of the book yet, but i am guessing Uncle Sam will have me and you other investors on file after every transaction and will be sending us little reminders when its time to pony up. i guess having $$$ and sharing is better than having nothing to start with eh?! No deals yet, but hopeful turning real estate becomes my favorite addiction.

Hi Ladies & Gent,

Its Monday I post one before but I 'm doing something wrong because I got no rely and I don't see it. Well I found the property I want to buy, but I need some help on doing the no money down. so if this one post can someone help me.

Thanks
Angie

doesn't it help you to get information on properties that us people w/o a license can't get ? I read all the RE books for license but I really don't do tests well and I tried 3 times but I onloy wanted yhe license for the information I would have been able to get

you can get the same information that the agents use, from the your county's Property Assessor website and annual taxes paid on the property from the Tax Assessor (Commissioners) website for your county. The only difference between the information you gather from those sites and what the agents have access to in the MLS; is they can see which agent (brokerage) sold the listing, how much for, how long the listing took to sell (days on market) and difference in original list price and sale price. And of course how much each side made on the commission (% only-not actual $ amount). And any private notes that the listing agent might of added in regards to the listing.

If you click on My account on the left side of the your computer screen located under Main Sections, your account page will show which postings you replied too. That is the easiness way of tracking your postings. Create a new thread post and post your question under one of the thread headings, e.g. My Deals. So that everybody will be able to read your question, not many DGers visit this area of the site. God Bless with your REI.

This may be just what we need to get started. Thanks!

I received Deans book about a month and a half ago. Read it and got so pumped up and excited. Then Fear took over. Can I do this? Well, last weekend I completed setting up my website and got my toll free number. Today, I put up my first ad on Craigslist and I am even starting my journal here. Yeah!
I have to admit I am still very very scared though. :-)smile

Now that I've found myself there's no way I'm gonna let go!!!

We've just started our journey. I'm so excited to find my first deal. There is soo much to learn. I'm only on chapter 5 of Dean's book and I'm looking forward to reading more. We're one step closer to acheiving our financial goals. Thank you and we'll be posting more as we go along!
Jeff and Kristine

Welcome to the DG family.
Congratulations on getting started! You've come to the right place for knowledge, support, and encouragement. Dean's whole site is packed with everything you need to be successful in REI. Hoping to hear great things as you move forward!

Wishing you much success!

Rina

sisca wrote:

I received Deans book about a month and a half ago. Read it and got so pumped up and excited. Then Fear took over. Can I do this? Well, last weekend I completed setting up my website and got my toll free number. Today, I put up my first ad on Craigslist and I am even starting my journal here. Yeah!
I have to admit I am still very very scared though. :-)smile

Now that I've found myself there's no way I'm gonna let go!!!

Good for you! NEVER let fear steal away the good things you deserve. I will have to check out your journal.

I wish you much success on your REI journey!

Rina

Congratulations on stepping out! And welcome to the DG family.
If your landlord really wants out, he may be willing to do a lease/option with you. Read up a little bit on that and then see what he thinks. It may be a win/win situation. you can get started in your REI, and he can turn all the "headache" of landlording over to you (not that is has to be a headache for YOU. )

Wishing you all the best,

Rina

I was introduced to the site a year ago, but finally just hands down bought the book(s). I am just reading as much as i can, it is a ton of information. I am incouraged by all the referral links, and the especially the Octoberfest Success call on the 28th. I am starting to think I really can do this deal, and the weird thing is my confidence level is really high mostly because i talked to my bank about pre approval for a morgage, it was just a "probe" call and i let them know i was interested in makng a purchase on a home, that i am FHA qualified. I just wanted to get an idea based on my credit score what my chances where. They were very nice, and said I would be fine based on the score i gave them which i thought was poor, but they said it was within the limit. And my DG contact called me to make sure i got my products, we talked about where my focus on the tangable achieve-able was. And i realized i had a lot more going on for the good than i thought. So today i will start my goals list, and as suggested write what it will make me feel like when i complete each task i set to achieve. Finish my reading cause i know i will be coming back to those pages again and again. As i begin to comprehend the terms and that. I just know that life is all about what kind of light you want to put your world, i personally want to keep a good brightly lit world going for me and my family. Thanks Dean and my new DG family

My husband and I are drinking coffee and turned the tube. The first commercial we saw was Dean. His pitch was a little different. He didn't seem to have that "deep need to make sales". He truly seemed to want to "help" others. He was like a kid with an awesome toy and he wanted to share it with whoever would come and play. He wasn't in to selling you a toy to take home and figure out how to use it yourself. My husband picked up on that too. He just said "order that". I asked him why. But I knew. My husband had always dreamed of making money from investing in real estate, but was always a hand's grasp away. Not sure how to start, believing there was never enough funds, etc.
Before I even started reading Dean's books, I got phone calls, and we were enrolled in Success Academy.

We went through the formalities. Joined up. We realized that we spent most of our Christmas money. I am a skeptic. My husband is a realist and doesn't go on blind faith. OMG what have we done? We know zip about real estate.

Congratulations on taking your 1st step into the world of REI. You will learn a lot from this web site. When you say you joined up do you mean you joined the academy? If so congratulations. I wish you the best in REI.

Lea
SPR Property Solutions, LLC

Dean's books and materials from academy are really giving me some hope and the leap my husband and I took doesn't seem so far. Learning some "lingo" and soon I can jump into the forum and actually understand what I am reading! Tomorrow my goal is to start making a Goal Sheet with a plan layout, target, and action steps.I need to finish learning the terminology, name my business, send it in to the state and be legal. I have to learn to be organized, which I am not.
Hope everyone's kids had a safe Halloween
Jim and Karen (mostly Karen)

Thanks for the encouragement Rina. Nothing came through yet but that doesn.t stop me. Today I posted two more ads on Craigslist. Tomorrow I intend to post some fliers around my neighborhood businesses. I am sending a letter to possibly a prospective seller(homeowner I identified on FAL). I will keep you posted.

I been going out looking at property I found some good one and I was going to get the equity out of my home. Why did the person tell me that I can't because my balance is under 50,000.00 on my home and the bank want you to be over 50k. I was hurt,I work on my credit to get it little better, but my song pop in my head aint no stopping me now I'm on the move. That make me feel better. I found this site call(find that money) it over 16000 investor that lend you money or go in to partnership with you, so I type in my information and got 10 rely. Dean tell us all the time protect yourself and property. Well I'm looking at this as taking equity out of my home. I'm not going to lost my home, I work hard to get it being a single mom and with Dean and my DG family I will not lose I'm on a winning team. I can only go up. until next time god bless

Hello everyone.... I welcome you to the DG.com website. It trully has perhaps all the asweres you will ever need, but if by chance, something is unanswered,,,, Simply Ask! The people here on DG.com trully want all of us to succeed in one way or the other. Therefore, you have one hell of a support team. Combine that with Dean's books, his special reports & newsletters, this website, and most importantly, YOUR ACTION, you can make a powerful impact on changing your life!!!

So take action, go for it, and we will support you along the way!!

well im starting to get very frustrated i have gone to rei groups the two that are any where near me i even traveled out of state for one almost 90 miles away to try to get investors like they told me in the book i have placed adds in the paper i have put adds on creigslist and the adds i put there are taken off of the site. i spent the 8700 dollars on the success academy and that hasnt done anything for me either. i have to be doing something wrong i just dont know what it is. i have taken the last of my savings and put it into this and i just dont know what to do next. i cant very well do much till i get a buyers list but i seem to be strikeing out in that area. but i want this to work i dont have much time before my next cc payment is due and thats not gonna be able to get paid because i dont have a job. i was laid off 3 months ago and cant find another one. can someone please point me in the right direction or tell me what im doing wrong i need HELP i am not very good at asking for help but im at my breaking point. please someone im starting to drowned in this mess