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All Testimonials
(1552 Testimonials Found)
"Tim and Alexis, I'm very busy and active applying everything I was taught at Lab and from working with Tim. I just bought another property yesterday for $25,001.00. When I get possession, we can retail it in the MLS for $65,000 AS IS. Or we might keep it as a rental at $1500 a month. I also have several short sales I'm working on, closing with "private money lending", buying both at the auction and short sales. You should see Carlos. He will NOT do retail real estate sales anymore and loves the investing/banking on my wholesale deals with private money lending. He got his $50,000 payday and couldn't be happier. From October 1st to now, we bought 2 properties and have several from our short sale pipeline that we converted to investor and am awaiting my responses on those soon. This was the best thing we could have done. Thank YOU again for everything!""
Mary Martinez
Lincolnwood,
IL
"Gina closed number 3 last Friday, an REO that had some title issues (i.e. great pricing) - all resolved now. Thanks Alexis and the Foreclosures.com Team). Number 4 records on October 27th, a pre-foreclosure with title insurance from Fidelity and lots of subject-to financing, plus a potential 100+% cash-on-cash return! Deals number 5 and 6 are in escrow - probably won't close until mid-november. Who knew all your lab training would be so useful and applicable :) Thanks again. Lab Graduates"
Chris & Gina White
Belvedere,
CA
"Gina's fifth deal went into escrow yesterday. Since the lab, she's now averaging 1 escrow per month. Thanks Alexis and the Foreclosures.com team! We closed 2 since August 7th, and it looks like we're on our way to #3,4 & 5 in October :)"
Chris & Gina White
Belvedere,
CA
"Hey Daryl, I just accepted a $150,000 full price resale offer on my last deal, pre-approved ready to go. Bought a house on the same day. Bank owned, just got accepted for $57,000, comps are around $120,000... 1806 sq ft, on freshwater canal with seawall. Thanks for all your help! Lab and Coaching Graduate"
Fernando Betancourt
Fort Myers,
FL
"Hey Tim, Thought I'd share some good news! We opened escrow with a buyer on our first flipper this morning. Listed this past Tuesday and we had an offer in 36 hours for $5K over list price. We're super stoked, ready to roll into the next one. Thanks again for all your help!"
John Willis
Chino Hills,
CA
"Hi Alexis, We are finished with our first deal, and are getting ready to start on our second. We sold the first house. We netted about $14,000 after all expenses. It's not as much as we wanted, but we're actually still quite pleased. We'd like to keep this second house that we're looking for now as a rental, cash flows great. We sure learned a lot from your lab and continue to learn from Daryl. The experience definitely gave us the confidence to jump into the market as investors. Thank you. Lab and Coaching Graduate"
Tammy Harp
Roscoe,
IL
"Hi Alexis, Nice to hear from you! You asked about my deal. It closed last month and was just like you said it would be done in lab. No money of my own, I negotiated a 50/50 joint venture with a money partner. Purchased $125k, $35k rehab costs, on market for 3 hours, sold for $280k. Very sweet deal. Am anxious to get on to my next deals. And I can't say enough about the support from Daryl...my hero! I am honored to be asked to join you on your call and would love for you to keep me in mind. Lab and Coaching Graduate"
Susie Thomas
Martinez,
CA
"Hello Alexis, Quick update since Lab... It was so helpful, and I use what I learned daily! I closed on a house Wednesday the 16th that I got the lead from Foreclosures.com! The owners were scheduled for the Auction June 30th. We had contacted them a month or so before they called us back and said come make an offer! Other investors had made offers or were negotiating a deal that would have taken all their equity. They went with us! We used the training from the lab to come up with a win/win situation. Purchased for $170,000, assigned deal for $10,000 (to one of my realtors!) After Repair Value on the house is $250,000. Repairs (lipstick only) $7,500. The buyers owed $137,000. They walked away with $33,000, me $10,000 and my realtor listed it as is, for $225,000
I am working on one right now that I will do myself. Just made the offer to the listing agent on Friday afternoon. Offered $210,000. Rehab costs $60,000 ARV $385,000.
Thanks again!"
Michael Mangham
Lakewood,
CO
""We are almost done with our first deal rehab. Our purchase costs and rehab are approximately $61,000 and we should have no problem selling for $129,000. After many calls we purchased this house for $21,000 and will make over 53% profit! We also have an offer on another house. Thank you and Michal for all your help during and after Lab.""
Herb and Lois Hansen
Clovis,
CA
"Went to foreclosure lab class in Sacramento. Closed escrow on my first house in Dec 09 for $65K. Rehab for $23K and I am listing it today for $109.9K. Second house closed escrow in Feb for $65K and getting bids for rehab. Third house was listing for $96.8K last Oct. Asking price kept ...coming down until 2 weeks ago bank was asking $64.9K. I offered $61 and they countered at $62.5K. I accepted and is in escrow. The market here in Lake Havasu City, AZ is crazy. More foreclosed homes are coming on the market and the Snow Birds are buying homes that are ready to move in. Sure is scary with the way the economy is going. People are still being laid off, budget cuts in government and business are shutting down. I have to keep telling myself to "Live with the EXPECTATION that life only gets BETTER!" Thank you for everything in Lab and my excellent Coach Michal Ballard. I couldn't have done this without you guys!"
David Vidad
Lake Havasu City,
AZ
"Closed on my first house on Tuesday. Hey Jim its the one I talked about in lab that was two houses down from where I live. I had been in contact with the asset manager of the bank on and off for 4 or 5 months. They gave me first offer before it hit the MLS. Made two offers with no contingincy. Both were turned down. Waited for a month than the real estate agent E-Mailed me that that they wanted highest and best offer. Wrote offer for 9 hundred less and it was accepted by bank. Had inspection down and the roof needed to be replaced . Asked bank to go in halves on cost. They took off another $1,500. I stand to make 15k to 18k. Thank you!"
Jeffrey Maniaci
San Francisco,
CA
"Hi Alexis Thank you for your shipping dept's prompt mailing of the Seven Steps to Mastery Course to my door in Anaheim on Saturday May 8, that was truly fast - I'm listening to your Mp3s as I write this email. I wish you a wonderful weekend"
Mark Bergeron
Anaheim,
CA
"Hello Alexis! I just bought another house yesterday which is about to go to auction. The homeowner's association was foreclosing, not the lender, for back dues and legal fees. Her husband passed away two years ago; he was the main source of income. Plus, she has a disabled teenager to take care of. I was with the lady when her attorney called to tell her the judge denied his motion to cancel the sale. So, I agreed to payoff the HOA and her small remaining loan. I will give her $19,000 from the equity rather than her losing everything. And I will make around $26k. The sad thing is that she was never late on paying her mortgage. But, she had a history of liens, judgments, and cancelled judgments related to the HOA. To think that I almost passed on this one because the HOA was foreclosing. Obviously, this would not have worked if the mortgage balance was too high. And here is the kicker. She thanked me for not coming on too strong and pushing to buy her house. I listened to her story, I offered her empathy while she cried, I gave her encouragement and some options, and then I left. She called me a few hours later to discuss her selling her home to me. She told me the house was becoming too much for her to take care of and she was ready to move on. And I was able to give her some of her money to get that fresh start. I don't care what anyone says, that's just good stuff! God bless! Broker, Investor Lab and Coaching Graduate"
Rick Moore
Chuluota,
FL
"Tim & Alexis, Just to keep you informed the bank just approved a short sale deal for $120k purchase with us. We will spend $40k on rehab and will sell for around $220k. We will flip this property in less than 90 days, just like you showed us. I will keep you informed. Thanks for your help! Lab and Coaching Graduate"
Michael Gilles
El Dorado Hills,
CA
"I am a fulltime investor, married with 3 small boys at home. I have seen several other gurus, but choose foreclosures.com because I loved Alexis' books! I reserved my Lab last June, as I wanted to make sure that I had all of the fundamentals down, before I quit mortgages. I was determined to invest full time and Alexis was my starting point to be free and make deals! I have made 28 deals since I have left Lab in less than one year's time. Most of my deals have been Equity Subject to (yes they do exist), but I also do Probate and Short sales as well. After Lab my confidence and desire to succeed soared. I created a massive action plan that insured my family's security. I look at my real estate business just like my corporate job. I work it every day and try to get someone in contract every day! Alexis has seriously changed my life. I have made close to $1,000,000 because of what she has taught me. I am living the lifestyle of doing anything I want when I want to do it. I love to mix business with pleasure and travel often for deals, bringing the family along to play! My Words of Wisdom: If you want to succeed as an investor you need to educate yourself first. The Lab is where it starts. I know now after attending Lab that if I had not attended, I would have not been successful. Plus, the networking is second to none. Everyone is there to help you succeed. Make sure you get to Lab ASAP. The deals are flying!"
Dave Simmons
Folsom,
CA
"I recently sold my wholesale business to my partner and was looking for a way to make profits in real estate. I first attended Ron LeGrand's with 300 students. He spent the first half of each day teaching basic real estate BUT the second half spent listening to sales pitches on further courses. There were absolutely no hands on teaching. I then found foreclosures.com, loved what I read and heard and the small class size and hands on teaching. I knew from previous experience that the hands on was what would jump start my success. So I ordered both the home-study and reserved my 3-day Lab seat at the same time. After Lab, I took a month off and got to work with my Coach Michal. I've done 3 deals in 3 months = $69,000! *Stacia, Auction Buy. Bought for $100k, min fix up, selling for $170k, on the market now. Making $25,000. *Twilight, Bought REO from your site. Paid $91k, min fix up, sold for $140k. Making $21,000 in profits. *La Cienega, Bought REO. Paid $91k, put $10k in it, selling for $150k. Making $23,000 in profits. My goals for 2010 are to flip a house (or 2) each month, and do what I want and when I want to. At my current rate I will make over $275,000 this year. I was not really looking for a particular lifestyle when I came to class but more the knowledge as I really enjoy doing this. BUT let's be honest, the income is nice! My Words of Wisdom: You have to get to the hands-on Lab with Alexis. The spreadsheet and walking through a house is worth the cost of the class alone. Plus as scary as the calls were, it really helped give me confidence that I can do this. Listen to Alexis and her Team of Coaches and do exactly what they say. Don't think G they know what you need to do to be successful. I am living proof!"
Mary Calderon
Roseville,
CA
"I was a loan officer looking for a way to profit from this economy. I first got involved with a short sale guru course that cost me $1700 and was absolute fluff. I kept looking, but was extremely skeptical. I joined a Foreclosures.com call, signed up for your lists, was convinced Alexis was the real deal, so I took the plunge and completed her Mastering home study and attended her Mini Lab webinars. Alexis' programs guided me and helped me find the most direct way to research and find properties that are available for deep discounts. I quit my job, got serious and started to put to practice everything you have taught me. I have since done 2 deals and many more in the works. 1 . Pre-MLS insider REO deal, paid $210,000, fixed and sold it quickly for $345,000, netting $42,000 personally, without using any of my own money. 2. Another REO, paid $242,000, fixed and sold for $349,000, netting $52,000 for my investor and myself. Again, I did this deal without any of my own cash. Words of Wisdom: Just do it! I spent too long before I jumped in. I studied this market for a year and I'm convinced it's not going to get any riper than it is right now. The deals and money are out there (I've found a private investor, just like Alexis said). Once I listened to Alexis, it only took me one month to land my first deal! Get the home study, join the monthly mini lab calls, and do what Alexis saysG and ignore the rest. She will absolutely show you the way!"
Chris Jamieson
La Quinta,
CA
"I was in software support, but real estate has been my passion. I first attended a Flip this House event with Armando, but did not have a good feeling, so I googled him and luckily found Alexis. I looked for negative feedback on Foreclosures.com but could not find any. I attended her Free Webinar and had no hesitation to get started with her home-study and mini lab webinars. It was clear they were not trying to up sell me, but instead provided me a solid foundation for my investing career. The day after the Webinar I reserved my 3-Day Lab seat and arranged travel to Sacramento. I felt I needed this additional hands on help to make good business decisions and decided I could not afford to make a mistake and new that the real world hands-on help would be invaluable. I came home from Lab with Coach Tim on my team, and immediately got to work applying everything I learned. I landed my first REO 50% off REO deal, getting a nice 5 bedroom home for $100,000, put $40,000 in repairs and now selling it for $229,900. I will make $45,000 (20% profit)! Words of Wisdom: Alexis' program have changed my life! I have just quit my job and now doing this full time! If this is something you are serious about doing, start with her programs today. Alexis and her Team are real investors that want to help others by passing on what they have learned over many years. There is no need to re-invent the wheel, they have the perfect wheel!"
Jennifer Santry
Baden,
PA
"Hi Alexis, I just wanted to thank you again for the Lab. I got home Friday night and read over my notes and workbook. Saturday I went through the E-mailed searches I received while I was at lab. The new version is great! That's a big time saver! I got a house under contract this A.M. Got it for $115,000, repairs are $12,000, Comps are $165,000. Will flip it for $127,000. My investor will gross 15.75%, $25,500. I will ask for an extra $2,000 dollars on this deal because of what I learned at lab! I am really looking forward to using your spreadsheet! That will help me out every day! Thanks again and talk to you soon,"
Michael Mangham
Lakewood,
CO
"Just wanted you to know we have bought 2 properties. The first one was at auction for $83,000, 3bd all brick built in 1960 with 1300sf. House is in very good shape with only some minor repairs needed. Wife is in a nursing home and husband needed to sell his rental property with excellent tenants who take care of the property and will cash flow min. $400/mo. 2nd property is a 2bd condo, we just got our $29K offer accepted, needs $10k in repairs, quick resale value $70-$79,000. got it for 50% off including repairs! We will hold for rental $600/mo. I think we did really good. Thanks for everything in Lab and your great coaching Tim!"
Ed and Nancy Miller
Mount Juliet,
TN
