Unsolicited testimonials from recent Foreclosures.com attendees and subscribers

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Alexis, I wanted to thank you for staying to answer questions on the Mini Lab Webinar chat. More people should take advantage of that wonderful service! Thank you, Gary Bisaga

Alexis, Here's my update since October Lab... 1. I opened escrow yesterday on 1 preforeclosure deal. The home has a $90,000 first where the owner cannot make the payments anymore. We will be helping pack up her treasures, find another place to live and do the moving. The FMV after repairs will be close to $350,000. Profit will be $60 to $70K. 2. I am in contract with 2 REO homes, one I think I will assign, the other repair and resell retail. I've made lots of agent contacts and offers and agents are now calling me with the leads, that's the exciting part. Like I said in Lab, the other Real Estate Investment classes I've taken never taught me how to proactively find and create the real deals. Your home-study and lab were the missing pieces. Thank you! Stan Wahl, Santa Rosa

Hello Alexis, About a week or so ago... we signed another foreclosure deal for a 3 bed 2 bath, 1240 sq ft, fixer upper for $25K. We've got 14 days to obtain financing or assign it, and then 30 days to close escrow. We also own two fixer uppers right now, we'll start rehabbing in about three weeks. Should be able to clear $15 -20K each. Thanks for everything, Joas Miller, MT Lab and Coaching client

I have been finding and working REOs from your website, before they hit the MLS with great success. This idea had been in my mind for a while but just implemented it 60 days ago and did 2 whole sale flips for a $ 42,000 profit and we picked up 3 more property for fix and flip at great prices. Thank you!! Andrew Holmes

Hi Alexis, It was great to meet you in Lab last week. I feel privileged to be part of your students. It is a real pleasure to have known you. Here is my feedback from Lab: 1) What was the most important thing you learned? How to evaluate the rehab cost (the xls spread sheet is priceless!) 2) What was your favorite part of the program? The afternoon of day 3, when everything came all together thanks to your clarity and incredible knowledge, mixed with rare intelligence and a great sense of humor! Lab was fun! 3) What would you change during the 3 days? It is great as it is no changes please. Thanks from my heart and have a great week end. Giorgio Albanese

Alexis, Thanks for a great Lab. I may have been a bit quiet, but I really enjoyed the information. Here's my comments: What was the most important thing you learned? Confirmed in my mind that this program can be successful. Got a better feel for the time commitment necessary to be successful. It's a lot of time but can be profitable and if managed wisely, generate a pretty good return on time invested. Since I have no time but have some money, it's starting to lead me to believe that maybe my start in the business is to become an investor that buys contracts. I think I could put a rehab team together without much trouble and feel confident enough that I could evaluate the deals fairly competently. Then, as time permits, start going to finding deals as well, not only to generate more profits but to galvanize my knowledge of that side of the business from the experience. What was your favorite part of the program? The chance to hear stories and examples of success and to get the numerous ways to overcome objections. I think that's probably the best asset of the lab because facing the objections competently is probably the biggest factor that keeps folks from picking up the phone. I think it's great also that you reemphasize the mind set when calling folks -- that you are calling to HELP and accordingly, should have nothing to feel sheepish about and should feel empowered and to a certain degree somewhat obstinate to those who are refusing the help. As you know, that confidence level comes with time and the experiences you get in helping folks. It's easy to sense the confidence and empowerment coming from Coaches Tim, Daryl and especially you, but I think that's something that you can only get from gaining the experience of helping folks out of their jams. But hearing about those successes helps feed that empowerment to those of us that don't yet have the experience to draw from to gain that confidence at the start. What would you change during the 3 days? Your program is very polished and it's obvious that you have refined it very well. I wouldn't change anything. Thanks for everything... Steve Thinglum

I am an engineer who owns an oil & gas survey business. About 2 years ago decided I wanted the financial freedom that I was not seeing from my other business, and sought help to build a pool of rental properties. At first, I had some bad experiences with a late night TV Guru whose program was all marketing material and no details. I was later referred to Foreclosures.com, through a local investment club, attended a webinar like this one, and immediately purchased Alexis’ Mastering homestudy and mini lab webinars. I have since bought 2 foreclosure deals. First one I paid $70,000 (worth $155,000) and rent for $400/mo positive cash flow. My second deal I bought for $64,000, put $30,000 in it and sold it in 3 days for $124,000. I will put $30,000 in the bank! What a great feeling! I am working a 3rd deal now (REO) and following your advice. I expect to land this one soon. I have found much value in Alexis' programs and love all the little things that she has taught me. Some of it is affirmation; some of it is unique and new. I find particular value in the mini-labs and webinars as they keep me focused week-to-week. I am looking forward to meeting you in 3-day Lab very soon! Words of Wisdom: I am firm believer in action, and recommend you put to use Alexis’ sage advice and start studying her homestudy and attend/listen to her mini labs right away, while looking for deals simultaneously. Alexis’s system will put you in front of deals in no time, and when you find one, jump on it! Cary Honganen, TX

We had been searching for a way to get out of the rat race when my husband found Foreclosures.com. Based on their golden reputation and wealth of information we ordered Alexis’ Mastering homestudy program and attended her monthly mini-lab webinars. Her program helped us clearly understand the business, the exact steps to take, and expectations to launch our investing efforts. Earlier this year we decided the time was right to jump into foreclosure investing and needed the extra kick that your 3-day lab is famous for. This was a critical business decision for us to ensure we received hands on training before proceeding with this venture full time. I quit my job and came to lab. We gained the confidence of knowing we could be successful at this not just in the present but for the long term. It was a great feeling! We bought our 1st property one month later. In the last 8 months we have completed 6 deals and are in the process of purchasing 2 more. Of the completed deals, 4 were REO’s, 2 were from the homeowner pre-foreclosure. We have successfully fixed and sold 5 of our properties with a 15% profit on each, and assigned 1 for a quick finder’s fee with great success. The 2 new deals we plan on retailing one and assigning the other. Words of Wisdom: This is a great time to be a foreclosure investor. We could not have gotten where we are today without Alexis’ help. We so value what we received from her homestudy, mini-lab webinars, 3-day lab and team of coaches. But anything with such big rewards as what Alexis teaches requires hard work and dedication on your part. Make a decision to take action, and then follow Alexis’ lead. You will not go wrong! Vanessa & Mike Foreman, TX

Hi Tim and Alexis, I just wanted you both to know that I closed on another foreclosure deal today. $ 182,449 - Seller proceeds as stated on my closing statement $ - 76,500 - Purchase Price $ - 66,560 - Total Expenses (Includes Rehab & holding costs and taxes) $ 39,389 Profit :) I have a couple more REO deals in the pipeline, which not yet listed on the MLS. Thanks for everything! Mike Melovich

Alexis, I am set to close on my first bank owned on or before November 20th. It’s a cute 1900 sq ft Victorian in Romeo. This one was in great move in condition. With some minor work, I changed it from a 3 bedroom to a 5 bedroom and be a first floor master with a walkout porch. I bought the house for $45,000. I have a buyer looking at it who has agreed to $112,000 if I can accommodate his family of six. Wants 5 bedrooms, viola'... This will be shortest holding period I have ever experienced. Wish me luck! Thanks for everything! Deborah McLeod

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