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Saturday, November 07, 2009
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ForeclosureS.com Testimonials

The following are unsolicited testimonials from recent attendees and subscribers.

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Dear Alexis,

Your new foreclosures investor webinar was very informative. This is the exact strategy I am trying to employ. I would have purchased your mastering home study and mini lab training in an instant however, I have already spent money on Dean Graziosi's academy and Cameron Dunlop's iflip system. I have gained a lot of knowledge through them, enough to know that what you offer blows them away for 5% of the cost.

I used your foreclosures.com list website for the free week and got more info on foreclosures in that time frame that in 10 weeks with Dean, my local realtors or Cameron’s system, period!

Thanks and you will be hearing from me!
Michael Mangham

Hello Alexis,

Wow, it still seems like last week when we were together. Your lab was great and the more I do this the more I see that you are the master. Thanks for sharing all you do. Keep being the great inspiration that you are!

Paul Ollson

Hello Alexis,

Just wanted you to know that I bought a condo for $65K and I am now in escrow selling it for 110,000K...I bought it 2 weeks ago and I sold it after owning it 10 days. I spent $275 to fix it. It should close in 30 days from last week.

Thanks!
Stephanie Harriman
Lab Grad

Alexis,
I just sold my 50% deal, signing a sales contract today. I have a backup contract as well... 2 to 3 days on the MLS this weekend and the property went faster than a plate of hot cakes. I knew it would sell once I got exposure and the traffic through it. We are set to close on or before Nov 20, 2009. What a good feeling.

I learned some valuable lessons from this deal. I probably would have learned them the easy way if I had completed your home study course before jumping into it. But I am a firm believer in action, and put to use your sage advice about both studying and looking for deals simultaneously. Once I found a deal, I jumped on it.

Then found another deal and promptly jumped on it and have the property under a sales contract and will pick up my next deal soon. I can notch two deals using your homestudy and attending your monthly mini-lab webinars.

Looking forward to being a Panelist on your Conference Calls and meeting you in Lab very soon. Thank you for everything,

Regards, Cary Honganen
Houston, TX

For those of you wondering if the Lab is a wise investment, here are my thoughts...

My husband and I live in Illinois, and we took Alexis¡¦ lab this past June, after completing the home study a couple of months prior. I had made a few calls to listing agents before signing up for the lab, and I felt very nervous and uncomfortable doing so. I wasn¡¦t sure what questions to ask and I didn¡¦t have the confidence to really move the listing agents to work with me and for me. (I don¡¦t know if you¡¦ve had a lot of experience dealing with listing agents, but they sometimes want to move the buyer to what would be best for them instead of what would be best for the buyer, and I feel like they can sense a ¡§rookie¡¨ in the first 15 seconds of a phone conversation. I found most of the ones that I had contacted prior to the lab pretty dismissive, sensing that I didn¡¦t know what I was doing and not willing to invest the time to help me learn the ¡§art¡¨ of investing. Anyway, we made the decision to attend the lab so that we could basically walk through an entire deal ¡V from locating the best potential properties to making phone calls to agents and getting them to actually take us seriously to touring a property and understanding how to estimate repairs, etc. We walked away with a lot more knowledge and a lot more confidence. As with any new business, there is a learning curve, and the bottom line is that the lab helped us shave months and perhaps years off of our learning curve, not to mention the money that we saved in mistakes that we won¡¦t make.

I was very skeptical at first, and I almost cancelled the lab after we had registered, but I am so glad that we decided to trust Alexis¡¦ system. We applied the things we learned in the lab and landed our first deal a few weeks after returning home. I am confident that this would never have happened without the knowledge and confidence that we gained from our lab experience. We are almost finished with our first rehab, and walking through this process at the lab helped us be able to make decisions quickly and avoid a lot of potential money-costing pitfalls.

Obviously, I don¡¦t know your situation, but I just wanted to let you know that we had lots of reservations before pulling the trigger on this, and I don¡¦t regret one penny that we spent to learn from Alexis how to move in the world of foreclosures and preforeclosures. We will make far more money than we spent to attend the lab back in this first deal alone ¡V and that is a great return on investment. ƒº

Tammy Harp

Hi, Alexis,

I very much want to do this business. I started to listen to your CDs last night, following your coaching material, last night I found 3 REO leads that I am interested in my county. None of them are on the MLS.

I am very impressed by you, everything, expertise in RE and foreclosure, communication and selling skills, straightforward and caring approach. I cannot list them all. One day I'll be in Sacramento."

Sincerely yours,
Michelle Musick

“While working full time, I signed the contract on my first house. It sold before it even hit the MLS! I was asking $265,000 and we sold it for $260,000. I have made approximately $75,000 on my first deal!!!

Our repairs ended up coming way under and I sold the house for much more than I expected and in a lot less time. While other houses sit on the market unsold, I followed your steps and I bought it well below market, signed a buyer and closed it in less than 90 days without a hitch!

I have been focusing on REO's and owners with equity (yes they are still around!) Thank you for all your training and expertise. I'm loving this!

Update: Dawn is no longer practicing law, she is a full time mom with a 3rd baby. She has just completed her 11th deal working my system part time.

Dawn Connelly, FL
Lab & Coaching Graduate, Florida Investor

Things have been going great! We have had some really good deals that have been fun and exciting to work on! I am now working foreclosures full time with my mom.

Our goal initially this year was to do 12 but we just hit 11 and 15 really looks like what we will hit this year!

We have now done 4 flips we are getting really good at pricing. Here is the quick rundown.

Norma: Purchase: $150,000; Fix Up: $5,000; Sold in 4 days: $196,000; $30,000+ net profit.

Ward: Purchase: $119,000; Fix Up: $10,000; Sales Price: $160,000; $25,000 est. profit.

McKay (first deal): Purchase $125,000; Fix Up $35,000; Sold in 14 days: $189,000; $28,000+ profit.

Shipping: Purchase: $88,000; Fix Up: $10,000; Sales Price: $135,000; This house is a sweet deal. The lot is large enough to build another house on the back of it and the zoning allows us to do this. We have over $20,000 profit in it and can easily get $900 a month to start my rental empire!!

I cannot thank you enough for your awesome Lab and for Coach Tim! Your Lab was a life changing event for us. And Tim has been the best mentor we could have asked for. We enjoy our conversations with him immensely. He has truly become a great ally in our business. His ideas and the ways that he presents them are truly outstanding. We get so much accomplished and he is really planting some seeds in my head for where I want my business to transition to.

I thank you both from the bottom of my heart! I hope that you and graduates are doing great!

Dan Paluska, OR
Lab & Coaching Graduate

Do it just like Alexis teaches it in Lab! In the beginning you will be tempted to do things different or leave things out, but that will slow you down and lead to more frustration. If you just follow her system exactly and stick with it – IT DOES WORK!

CURRENT UPDATE: 12 deals since Lab, 8 this year alone!

3 REO's at 50%, 5 subject-to at 60% of resale (higher resale values).
1st REO sold in 1 week for full price, profit 20+ %.
Other 2 REOs ready to sell in 2 weeks. Sub-to closing this week, seller getting a little over $100,000.
We will get our 15-20% profit as usual. Plan for remainder of year is to buy and hold rentals.

Since this business is constantly evolving, he just got the chance to “tune up” his business by retaking the Lab. So much has changed in the last 2 years of Lab. We focused on REO’s which got my last few deals!!!

Andrew Cushman, CA
Lab & Coaching Graduate

I was a paralegal in litigation support. I am currently a full time investor, who chose Foreclosures.com after much research and really liked the idea of hands-on training (not just tell me, but show me).

I completed her home study about a week before attending the 3-Day Lab so I could do my first pre-foreclosure deal the right way, the first time.

After the Lab I did 7 pre-foreclosure deals in the Southern California area and then took a break to take care of some family business.

I recently came back to Lab to learn the REO market and how to deal with agents who are not always willing to listen to what you need.

I did not believe in reinventing the wheel and I knew Alexis would show me the right, and fastest way to my first REO purchase, as she did with my Pre-foreclosure deals. Lab was only a couple weeks ago, but it’s already made a huge difference for me.

Words of Wisdom: If you want your future to be different than your past -- and if you desire to be successful in real estate investing -- then Foreclosures.com Lab is where you need to be. Alexis has the perfect format to show you that will build that success. I should know… I’ve gone twice and learned a ton each time.

Leland Jameison, CA
Lab Graduate, FT Investor

    

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