Show Testimonials: All
• Foreclosure Lists •
Webinar for New Investors • Strategy Sessions
• Professional Webinars •
Mastering Homestudy • Alexis' Lab
• Professional Lab •
Professional Coaching • Newsletter
• Alexis' Blog •
Alexis' Books • Support
All Testimonials (1528 Testimonials Found)
Show Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77
Dear Alexis and Daryl,
Here is the link to our first flip- the listing went up on Wednesday:
http://www.realtor.com/realestateandhomes-detail/117-Brandon-Pl_Benicia_CA_94510_M28264-39188
We offered the buyers agent a $1,000 bonus IF we have an accepted offer by 12/31/11 AND the deal closes prior to 2/28/11-which would cut my hold time 1.5 months from my spreadsheet- which puts about an extra $2k in my pocket.
We were in contract in 4 days for $5,000 more than asking!
We have been truly blessed by your training and the coaching program. Thank you for everything!
Russell & Cheryl Crooks
Vacaville,
CA
Alexis, Just wanted to update you on how we are doing with our first apartment deal: we are currently set to close on July 21st! THANK YOU for setting up Michals lab and coaching program, I couldn't imagine
trying to complete this deal on my own, especially when it comes to raising all the funds to take the deal down (about $1 million cash). Mike has been incredibly committed to helping me get the deal closed and has
been there every step of the way, going so far as to bring in some of his own contacts as investors and doing conference calls during flight layovers instead of getting his lunch :-) Of course, with his help and guidance I was also able to connect and communicate well with some investors on my own. There is no way I could have come up with $1 million dollars cash on my own to close this deal, but thanks to Mike's help we will do just that! THANKS!! I'll update you again after close :-)
Andrew Cushman
La Mirada,
CA
“Working with Sarah, I have invested using a self-directed IRA in 2 properties purchased at the auction since attending Auction Lab. Sarah is managing the properties from purchase, rehab and selling. She teaches exactly what she does. Learn her system and do what she says, it works!
If buying at the auctions is what you want to do, you won’t find a better teacher than Sarah. Her auction lab is a very open and transparent view into what it takes to make it as an auction investor. Whether you use your own money, or raise private money before you attend the sales – you will succeed following Sarah’s lead.”
Gary Minnich
Pleasanton,
CA
"I have bought my first auction property and in escrow selling it right now. I used 2 outside investors to help me purchase it. I paid $129,700, cleaned it up for $300 and sold it in 7 days for $165,000. Profit $35,300!
I have been in real estate and construction many years and consider Sarah my mentor. She has taught me many new tricks & tips and has guided me to save a LOT of time from learning on my own. Her Auction Lab has allowed me to change my business model to focus solely on high return trustee sale investing, and for me it has been money well spent."
Jeff Johnson
West Sacramento,
CA
“I’m, up to five successful wins at the auctions! They are all “drop bids” as Sarah taught us. Here’s an example:
Published Bid: $340,487; Opening Bid: $252,000; My Winning Bid: $252,000.01; Repairs $18,000; Resale: $344,000; Profit: $31,000.
I am quickly flipping these deals, netting an average $30,000 - $40,000 profit on each…
Thanks to Sarah and her Auction Lab!”
Daryl White
Valencia,
CA
Hi Alexis,
Here is my feedback from attending your 2 day Mastering Lab...
The most important thing you learned was putting together a team and how to qualify team members was important , and also the repairs necessary to get a house on the market was a real eye-opener, as well as some of the techniques for repairing the property. Since I'm so new at real-estate investing the entire class was important to me.
My favorite parts of the program were dinner with Daryl and the group and how to use your spreadsheet to get the numbers right will be a valuable tool. You have a lot to cover in 2 days and I would not change a thing. I'm looking forward to working with Daryl and closing some deals.
Thank you for everything!
Ron Eastveld
Las Vegas,
NV
I purchased your mastering homestudy in 2005 and worked with
pre-foreclosures
for about 18 - 20 months and then started back at buying on the courthouse
steps. I became a licensed real estate agent in 2007 - and started doing
flips
in 2010.
I have since done about 35 - 40 deals and have made 7% - 15% margins on them
($7,000 - $120,000) each. Currently have 3 properties in escrow and two
more
in the pipeline.
My long term goals are to have an income of $250k between rentals and flips!
I
want to be retired by 48 - 50 and start on some personal goals and
philanthropy
work too!
Thank you for everything!
Jeff Maihack
Elk Grove,
CA
Hi Alexis,
I’ve done 3 REO properties this year with a profit of '$20K per deal. I have a partner who is also my agent. I’m the numbers guy (estimating repairs, what to offer, etc) and he takes care of coordinating all the rehab and he also lists the property. I give him 1/3 of the profit and he takes 1.5% on the resell. I’ve been making 15% profit but I’m going to bump that to a $30K min going forward. Still working full time in technology. Not sure when I'll leave. All is great!
Dave Peterson
Folsom,
CA
Since the Auction Lab and Mastermind Group, we have purchased 5 houses. You will see we have gotten better at each deal, with Profits Rising. Thanks to Sarah for all her help!
#1 Purchased $109,400.00 - Repairs $16,188.00 (over budget)- Sold $155,000.00
Sold in 3 days, Profit $15,000
#2 Purchased $139,100.00 - Repairs $13,851.00 - Sold $189,000.00
Sold in 10 days, Profit $18,000
#3 Purchased $105,301.00 - Repairs approx $13,000.00 - ARV $159,000.00
Tenant out in 2 weeks, then fix up and sell, Est Profit $25,000
#4 Purchased $145,000.00 - Repairs $15,000.00 - ARV $209,900.00
Will be on the market this week, Profit $30,000
#5 Purchased $63,001.00 - Repairs approx $15,000.00 - ARV $125,000.00
Just purchased, will fix and sell quickly, Profit $35,000
Lois Hansen
Clovis,
CA
Hi, Alexis and Sarah
I'm taking a break right now and plan on starting the auction buying again in January. Have a couple deals in escrow right now.... to update my figures I've raised $400,000 in private investor money and purchased 6 houses at the auction steps, netting me so far a total of about $105,000. Thanks for everything!
Aaron Nelson
Redding,
CA
I have bought and sold my first auction property, using 2 outside investors to help me fund it.
The previous loan on it was $340,000, the published auction price was $240,000, the openning bid was $118,000 (51% below published amount!).
I paid $129,700, cleaned it up for $300 and sold it in 7 days for $165,000. My Profit $35,300!
I have been in real estate and construction many years and consider Sarah my mentor. She has taught me many new tricks & tips and has guided me to save a LOT of time from learning on my own.
Her Auction Lab has allowed me to change my business model to focus solely on high return trustee sale investing, and for me it has been money well spent.
"Sarah is my comet and I'm the dust following her across the real estate galaxy." Thank you for everything!
Jeff Johnson
West Sacramento,
CA
Alexis, I just want to take a moment and publicly thank you. With your training I was able to do several deals and I now own a large portfolio of property that has positive cash flow. You do a fantastic job of helping other people get what they want. THANK YOU!!! I am Seth Jayne, Former U.S Army Blackhawk Pilot, FAA Certified Instructor (CFII) in Airplanes and Helicopters, Real Estate Investor, MBA and entrepreneur.
Seth Jayne
Rocklin,
CA
I am doing great.
1. Building a spec house on a short sale lot we bought for $30,000 back in April. Budget for the house $160,000 and we will list it for $299,000.
2. Once this house is finished we will do another on the same street. A short sale house we bought for $30,000. The house is a tear down.
3. 37 unit apartment building in contract to purchase. Michal has been working with me on this one.
4. Also buying small multi-units that cash flow well.
Stan Wahl
Santa Rosa,
CA
Hi! Just closed on a contract assignment on Friday. Made $1500. I have another REO and a preforeclosure also under contract this week. I may do the rehab myself or wholesale them. The REO I can make around $5,000 for a quick assignment or $15,000 on the resale flip. The other one I could do a $10,000 contract assignment or resale flip for $35,000. Decisions, decisions!! What a fun business this is!
Seems like the banks are being more reasonable now that we are in the 4th quarter, just like you said...
Michael Mangham
Lakewood,
CO
I will be around wednesday to join as a Panelist in your New Investor Webinar. Lot of new things. Long term holds I am up to 34 homes with less than $ 30,000 stuck in all the properties together. We have refinanced almost all our money out.
Closed 22 buy, fix, sell for the year so far. Plus 8 under rehab. And 8 wholesale flips. Just bought a subdivision of 20 town homes to finish and will flip by next year. Pretty big project.
Hired one manager to run all the crews, that was a big time saver. Resale market seems to be better this year than last, shorter hold times and mutliple offers on many. Plus we started buying a lot more at Sheriffs sale auctions so numbers are even better than before. The quality of properties is better as far as they need less work and better numbers.
Thanks for everything!
Andrew Holmes
Bartlett,
IL
Just got a great deal on a short sale. It was in escrow at $290k but fell out so I offered $260k on the short sale and they took it. We closed in 56 days from the offer. We are looking to put $36K into in and put on market for $465. Should be 3-4 weeks and no permits needed. We bought it right, at 64% QRV both purchase and repairs, just like you showed us. Will make over $70k on this one. Tanks for everything!
Randy Mackintosh
Ontario,
CA
I've known Alexis McGee for 15 plus years, when she took a little foreclosure listing reporting service (Daily Default Infoservice) to the industry standard. She is not only a business women who bootstrapped a struggling business to the top, she is also an innovator and industry leader. I’ve been around a hundred years and watched many gurus come and go, Alexis is the keeper who stays with the trails of business and makes other people’s lives better and richer.
Ted Thomas
,
FL
I started with 2 other gurus ... I got more information from your course in 1 week, than 10 weeks with either Dean or Cameron. Your course at 5% the cost blew them out of the water.
In the first 2 short months since I started with your programs here are my results: 1st deal paid $49,000, worth $78,000, assigned to an investor for quick $10,000.
2nd deal paid $102,000, $25,000 rehab, resale $200,000, net profit $40,000.
3rd deal assigned to an investor for $13,500, with only 5 hours into it.
This year I have done over $50,000 in assignments and 4+ fast rehabs. Most recently:
REO: Paid $215,000 (list $275,000), rehab $60,000, sold for $369,000 quick. Financed with 50-50 partner private money. We each made $30,000!
REO: Fixed and Sold in less than 120 days. Financed 50-50 with money partner. Made $36,000.
Pre-Foreclosure : Paid $210,000, $130,000 first, $80,000 rehab, $400,000 resale over $60,000 profit.
NEW: Pre-Foreclosure: Paid $122,500, subject to $111,500 first, $15,000 rehab,
$225,000 resale, borrowed $25,000 from private lender at 12%, I keep all the profits - Over $40,000!
MY WORDS OF WISDOM: Alexis’ 7-step system and strategy session calls are really great! The manual with all of its links is truly fantastic. Any investor like myself would be crazy not to have her course. Listen to Alexis. I am finding deals and private money. What she teaches works!!!
Michael Mangham
Lakewood,
CO
I am a retired counselor from a small business network, retired army reserves and part time associate pastor with a small church. I needed to add income to my small retirement and started with Alexis’s homestudy and strategy webinars, from a referral who had recommended her content as accurate, step by step and top notch (not fluff like the rest). My favorite part of the course was how to properly work the numbers to assure a 15% profit. I am so happy with my results.
Working part time with your programs here are my results:
1st Deal was a Pre-Foreclosure found on Foreclosures.com, paid $92,000, took loans subject to (used my credit cards for the arrears and closing costs), did repairs for $15,000, on the market for 24 hours and sold for $155,000. Made $35,000 profit. 2nd deal was a REO found on Foreclosures.com, paid $74,000, financed with private money and $12,000 down (used my credit card again), did repairs for $11,000. Estimated Sales Price $125,000-$130,000. Profit estimated $35,000.
MY WORDS OF WISDOM: You will learn all the tips and tricks of the trade by simply using Alexis’ homestudy and strategy calls information right away. It will take years and tens of thousands of dollars to match the learning curve of what you will learn with Alexis’ course. Mistakes are the highest price tuition there is. Listen to Alexis, what she teaches works! You will make money!
Phil Goodenough
Bend,
OR
I’ve retired from Silicon Valley Corporate America and I can’t thank you enough. Here is what I’ve done in the last 2 years since Foreclosures Lab: 16 deals with profits ranging from $5,000-$30,000 (assignments) to $38,000-$145,000 (fix and flips) using outside private investor monies to fund it all. Total Profits to Date: $750,000. Thank you! I couldn't have done it without you and your amazing team!
More Detail
Dean Higa
Cupertino,
CA