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(1552 Testimonials Found)
"Hi Alexis!
Here are the details of my Pre-Foreclcosure deal done after Lab. It was a "Text Book" example of what you teach!
I originally could not reach the Home Owner. I then used the Free search engines you suggest, and found his Mom in Northern CA who gave me his Cell number...I explained what I do and that I would like to meet to discuss his options etc..(He mentioned he had another investor coming later on which I said was "OK...It is good to talk to different people when figuring a solution etc"...) We talked a few more times and he finally told me about his situation.. (Job Loss, etc..) He then decided to go forward! We actually helped him move all his stuff to storage and to get situated in a new place...
The numbers...
Homeowner received $25,000, we took the loan "Subject-To"..(We used another lab mates escrow agent who was great!). We did the rehab (Cosmetic--Paint, New Tile, Fixtures etc...). We budgetted a $106,000 resale, but ended up selling it for $121,000! We made a net Profit of $36,000! We listed and sold in 3 Weeks!
Thanks for all of your help!
On to Next!"
Tim Erber
San Diego,
CA
"Hi Alexis!
I am really looking forward to coming back out to Sacramento for the Apartment Lab! I appreciate the fact that you and your team are looking out for my best interests. I can't think of one real estate investing company out there that would do that. Treating your clients with honesty and integrity is what keeps me coming back to learn more.
Thanks again!!
Warmest Regards,"
Lisa Carlson
Middleton,
WI
"Thanks, Alexis.
You always make it seem so simple. Being part of the upcoming REO Mastermind Group has made me accountable, and that's a good thing. I have someone coming in every day next week to take care of Mom so I can have the time I need to get ready. I'm so glad you put the phrase in there with the homework, "This is going to be fun!" It helps with the fear. I'm nervous but excited.
My life is about to change! God led me to the best, and I am so thankful for you.
Looking forward to April 11th!"
Laurie Warner
Lancaster,
CA
"Thank you again Alexis for all of your coaching over the years and many thanks also to Sarah, Daryl and Mike. We're getting houses and we're getting money!
Meeting Dean Higa through you guys was the best move I've made in many years. We just went in to contract on a duplex in San Bruno for $380,000. ARV is $600,000 and repairs around $50,000. Profit will be $90,000 on this one.
We're completing a SFR in Walnut Creek that we bought for $475,000 and hope to sell for $695,000 with $60,000 in repairs. Profit just over $100,000 on this one.
We're remodeling a house in Hayward that we bought for $215,000 and will resell for $365,000 with about $60,000 in repairs. $50,000+ profit on this one.
Another in Livermore that we bought for $375,000 and hope to sell for $510,000 with $35,000 in repairs. Over $75,000 profit on this one.
Another in Hayward that we're buying for $152,500 and hope to sell for about $300,000 with about $70,000 in repairs. $45,000 profit on this one.
These houses have all come from our agent contacts we developed like you taught us, in just one county. Now we've just started marketing to a nearby county agents too... so many more deals to follow (God willing).
Thank you for all of your support."
Joe Metz
Union City,
CA
"Hi Alexis:
I just love your inspirational messages and your "Get Up and Go, Betty" words of wisdom. Here in the San Joaquin Valley, things are really popping with lots of homes underwater (not too many with equity, but I am on those quickly) and I'm doing GREAT. I have closed on two deals and have three under contract (REO's).
My goal is at least one deal closed per month and I know that I can make it happen!
Have a fantastic day!"
Betty Wingfield
Lodi,
CA
"Hello Alexis,
I have been pretty busy since your lab. I am about 1 week away from closing my 4th deal since lab. I have also been able to get one more investment partner on board and we are signing final papers this week to bring them into my current partnership. Thanks for all your help and encouragement at the lab."
Alan Lehman
Carmel,
CA
"Recently signed an equity deal with a woman who had a temporary setback but otherwise could afford her payments. However, she was so sick of dealing with the bank and HOA that she opted to sell me the house rather than pursue a loan mod; was very thankful that I was able to give her an easy and clean way out! I am still finding equity and Pre-Foreclosures are my #1 system with 18 deals done to date at 55-60% of market value. All resale's easy, with multiple offers and sold within 30 days."
Andrew Cushman
La Miranda,
CA
"Alexis,
On the REO I ended up doing a dry double close and made $6800. The pre foreclosure deal I assigned for $10,000. So far this year I have assigned one deal that the owner was 2 weeks from the auction date. He got $20,000. I made $8500. Put one of my buyers together with a fellow wholesaler and made a $5000 fee. Assigned a pre foreclosure deal for $1600. I close tomorrow on a project I have been working on for 30 days now. I am really stepping out on this one. Turning a 930 Sq Ft brick ranch into a two story 3000 Sq. Ft house with a 3 car attached garage. The homeowner lived there since 1958. This little house is now surrounded by $800,000 to $1,000,000 properties, truly a diamond in the rough. Very low Days On Market and great schools! We are going to try and pre sell it. ARV is $800,000. Paid $255,000. Rehab/remodel/top pop $275,000. PM funded. 60/40 equity split PLUS my $3000 acquisition fee and a $10,000 managment fee paid at closing. I should make around $85,000 to $90,000 on this one. Looking to be on the market August 1st if we don't pre sell it. I have multiple offers out and working on REOs and short sales daily. Made 4 offers today. I use foreclosures.com lists every day. We still use the scripts and spreadsheet you supplied us at the lab. They are the best. We use the same basic stuff you taught us when we door knock or call.
So things are going good so far in 2012! Talk to you soon,"
Mike Mangum
Baltimore,
MD
"Got a great deal on a short sale. It was in escrow at $290k but fell out so I offered $260k and they took it. Approved and closed in only 56 days. We bought it right, just like you showed us. We put $36K in repairs and going on the market next week at $409k. Recent house 3 blocks away had 68 buyers and multiple offers. This will be the same. Will make $60k on this one.
Thanks for everything!"
Randy Mackintosh
Ontario,
CA
"I just got my first offer accepted 2 weeks into Mastermind! Was listed at $79,000, seller dropped asking price to $40,000 and I jumped... Now under contract for $41,600. Resale easily $150,000. Needs work, but I've locked in $40,000 profit. I did just like you showed me in our Mastermind Group.
Thank you!"
Ed Wolfe
Newburgh,
NY
"We’ve been actively working MLS listed REO’s as you shared in your Mastermind Group. Currently have 5 houses in some phase of completion and offers going out daily.
Thank you for everything!"
Joe Metz
Union City,
CA
"Alexis,
First, I want to thank you for the knowledge, experience and wisdom you share with us who are trying to find and use a better way to realize our dreams of a fuller life. You are truly an inspiration!
I have enjoyed being a member of the REO Mastermind Group. I think I have the most to learn of all those in the group...as their knowledge was noticeably greater than mine, but I gleaned much from being a participant. It helped me stoke the coals of the "fire in the belly"
to become a successful Real Estate investor. With no reservations I would highly recommend participating in your Mastermind program to anyone who seriously wants to succeed by investing in Real Estate.
Thanks again Alexis.
I'm looking forward to keeping in touch with you
as I find some deals to close."
Dennis Lott
Lehi,
UT
"Alexis,
I must say that your REO Mastermind and personal coaching
provided a very pinpointed explanation of what we need to do and why each step or detail is important to getting our REO offers accepted. Very concise information that is easy to understand and truly doable by anyone with a 6th grade education!
Thank you again for offering it."
Tom Hunt
Pasadena,
CA
"How did the mastermind group benefit you?
It forced me to focus on establishing tasks necessary to preview and start making REO offers. I thought the additional information on the questions list was very beneficial.
How did my personal meetings benefit you?
I liked the ability to address specific issues/questions outside of the group(including what may not have been covered). I use our time together when I am dealing with an important issue that comes up when making offers (and getting accepted and closing).
Would you recommend the mastermind program to other investors? If so, why?
Yes, I thought the cost / benefit relationship was good for getting you going and providing the often important accountability and ability to focus,instead of getting lost in the all the details related to the initial
training."
Steve Kish
Belevue,
WA
"hey alexis,
by the way I love the new 8 step mastering program, being able to listen to the cd's in my car and also watching it online. I am really looking forward to working with you on the reo program,"
Tommy Cameron
Winthrop,
ME
"Alexis,
I have recommended your homestudy program to numerous people over the years though, including my brother in law who I'm hoping will realize the opportunity here. It's been really neat to see your business take off and how timely considering the markets we've been through and are currently in. I've been to many "real estate" investing seminars and your is by far the best value and most thorough in training. Keep up the good work and happy to connect on LinkedIn!"
John Negrete
Norwalk ,
CA
"Hi Alexis,
Ok, I know I’ve complained about the cost of Sarah's lab and mastermind. But I just bought another trustee sale property today that will make me over $30,000 and banked $35,000 on the last one I did. So I guess you could say it was well worth it! :)"
Jeff Johnson
Sacramento,
CA
"Alexis,
I've been doing great here in Wisconsin buying and holding duplexes. Here's my update...
First Duplex, paid $124,900, worth $187,500, put $24,000 down, monthly cash flow was negative at first because I lived in one side and I pulled out money to purchase additional properties, now it's fully rented cash flowing nicely.
Since then I have purchased 8 more Duplexes. Each purchase was financed at a traditional bank. Here are the numbers:
2. Paid $137,500, worth $198,000, put $15,000 down, makes $350/mo
3. Paid $122,750, worth $185,600, put $15,000 down, makes $300/mo
4. Paid $145,000, worth $202,000, put $20,000 down, makes $450/mo
5. Paid $114,000, worth $157,000, put $15,000 down, makes $250/mo
6. Paid $123,900, worth $177,000, put $15,000 down, makes $200/mo
7. Paid $87,500, worth $130,000, put $10,000 down, makes $200/mo
8. Paid $148,000, worth $149,000, put $20,000 down, makes $100/mo (neighborhood is improving so this was a will be worth more after the revitalization project)
9. Paid $103,800, worth $115,000, put $15,000 down, makes $250/mo
Additionally, I have been receiving money from assignments on other foreclosure deals. I made approx. $110,000 in assignment fees and have used that money to buy additional duplexes.
That's all I can think of now. Thanks to you and Daryl for all your help. Hope you're doing well!!"
Lisa Carlsen
,
WI
"Alexis,
2012 is going really well. The market has picked up for flips. Multiple offers on our resale. Plus we are now starting a new business marketing properties to cash flow investors completely redone and we'll manage it for them over long terms. So now offering turn key flips to investors. Looks like this year will be better than ever before.
I am starting a radio show on the local News Talk station every Sunday. I am excited about it and hoping it will do well.
CONT..
This whole thing initially started after I heard your foreclosures master CD course so the credit goes to you in terms of what you teach. It works and can be make to work in a big way. Looking back at where I started we have come long way with our business. So thanks for all your support help and suggestions along the way. Would love to have you call in as an expert guest from time to time if you are up for it sometime.
Thanks."
Andrew Holmes
Chicago,
IL
"Last year I closed 42 flips and purchased 54. Currently got 19 deals in the process of eviction, rehab, or resell. My business has grown a lot. Thx.
I have started holding as well this year, I have my first one, and will keep the occasional sweet deal that cash flows really well. Not in hurry to pick up too many of them, still making good profits flipping."
John Aldea
Lincoln,
CA
