Right now there are over 28,000 foreclosures hitting the market each week. It’s a rough time for home owners but this is prime window of opportunity for people to make to start building a fortune of wealth in the real estate market. I’m extremely busy right now working on my own projects and deals, but I will do my best to field your questions and comments to help get you moving in the right direction.
Strike while the iron is hot. Start investigating your local markets, do your due diligence, and use the tools and information in my book and look for that perfect time and properties to to make killing. There is no such thing as easy money or get rich quick, but there is easier ways of making money in this world, and quicker ways to becoming rich, and the real estate market is poised to provide those opportunities with the foreclosure supply that is going to be peaking. Buy low, sell high is the simplest principle in investing in real estate, and the foreclosure plague is making that more simple to implement than ever before.
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October 7th, 2007 at 1:56 am
Hi Dean,
I posted to a prior blog entry, but unfortunately I think I missed the window of opportunity to get a reply back from you. Oh well here’s my chance now, I hope! Here’s my situation. I’m a 24 year old student going to art school. I’m living off financial aid and having to pay rent. On top of this when I graduate, I will be in tremendous debt! My folks want to help me out, but they are struggling too. They’ve had their house put on foreclosure a few times (at the fault of the bank) I don’t want to see them struggle nor do I want to myself!
Now my question is, I’ve been searching for some investors to assign properties to so I can at least get the ball rolling and make some money. How do I go about finding these investors? Also does this also work with finding someone out of state? If I find a great deal lets say in Arizona, but I live in California. I would not be able to see the property in person can I still assign an investor? Thank you Dean.
Steve-
One of the things that I have found in all my years of investing is that it’s much easier to find investors once there is a property to show them. Investors have people tell them about great deals all the time only to find out that the property was already sold, or that some of the details were wrong etc. The best advice that I can give you is to go out, find a great deal and then lock it up. By locking it up I mean write a contract or offer to the home owner and for a specific amount. Basically you are agreeing to find a buyer for the property. Once you have agreed on the terms you have however ‘X’ number of days (whatever you agreed on) to sell the property for them. Believe me, if you go to an investor and have a great deal they will talk to you. Another great place to find investors once you have a deal is Craig’s List. As far as finding property out of state you can still use the same methods to find investors and properties. I have a couple of programs that teach these exact strategies but go much more in depth. I hope this helps. Thanks for the post Steve. Best of success in 2008! Dean Graziosi
October 13th, 2007 at 1:36 pm
Hi Dean,
I listen to your audio taped email and I found the last one intriguing. The idea of your friend having a private funding source for his student so they can buy pre-foreclosures is an awesome idea. Are you planning on doing something like that for us? If not is it possible for you to make some kind of arraignment for your students to use his funding to purchase our properties. I did my homework and I think I know who you are talking about (Ryan T.) I unfortunately do not have that kind of money to travel to one of his seminars let alone pay for the seminar itself, but it sure would be nice to have a private funding source that we all could use and it would be a win/win/win for everyone.
Thanks,
Ed
October 17th, 2007 at 10:01 am
Dean, I would like to find investers…where do I look? I know you talk about Craigs List but isnt everyone who wants to look for an investers looking on this list? I really want to do this but i need more info on where to find investors..
Thank you
Dee
Dee-
Craigslist is a great resource and an easy, free and responsive way to find an investor. You can also try these methods as well: flyers, business cards, signs, classified ads, speak with realtors, and speak with other real estate investors- just to name a few methods. Finding investors takes work and networking. You really need to start by taking action and spreading the word. When you start getting your contact information to people in the real estate world you will find that investors are out there. Best Wishes! Dean Graziosi
October 31st, 2007 at 11:04 am
Hello my name is Maria I have been a Real Estate Investor since 2003 Bird dogging,Whole Sale,Simo closing,subject to’s and Short Sales etc. I recently learn through your book “How to do a Short Sale before a Shor Sale in 48 hrs”(usally take 3 months or more) Please advice What Department? Which is the key and only info I would need to retire in two years…..
Thank you and Great Book!
Maria
November 6th, 2007 at 8:54 pm
Hi Dean,
I am very happy to have been able to get your book.
I have been able to gain alot of knowledge but unable
to put it to good use. I have a total of 2 hard money
investors that I happen to know, but I wanted to know
if you could give any advice on what to put in search engines when I’m seeking other contacts.
Thank you,
Dominique
November 26th, 2007 at 9:17 pm
hello dean enjoyed the book ready to get started may have one investor, a friend/partner thinking foreclosures for profit.Need motivational speech little nervous want to make this work. i got the dedication just need to get through the first part of willing and dealing. thanx
December 20th, 2007 at 1:25 pm
Dean:
I just got your book three days ago and I am pumped! I really want to go for it. However, I have some very real circumstances that are obstacles and I would like your advice on how to handle them. I am still a little unsure as to how to figure out my market cycle. I have gone through the questionnaire in your book but I am really not sure if I have done it right. I know you state that we need to be willing to make mistakes to learn. You also said that you are a great resource so we don’t have to go through as many hurdles as you did. Can you please give me some ideas as to where I can find some of that information, such as the area’s development, please? I look forward to posting my first success story in the near future. Thank you Dean.
January 22nd, 2008 at 12:48 am
Hi Dean. Thanks for ALL your hard work and time you are putting into helping us and all who want to venture into real estate to be on the way to becoming a millionaire. We believe we WILL be one couple who make it there. We need and appreciate your direction and your encouragement. thanks for caring for and sharing with others. God will truly continue to bless you , your family and business. Your life. Linda/Myron
January 26th, 2008 at 3:22 pm
I have purchased the AFF System. I have my recording completed and will start running ads next week. Is there anyone out there who has a sample on how to complete a purchase and sales agreement, Instant Equity Excahnge Invoice and Assigment of Contract. Any assistance would be greatly appreciated. As soon as I make the $5000 to $8000,needed to enroll in the mentor program, I will join. Thanks! P.S. Thanks for the program Dean!