Unsolicited testimonials from recent Foreclosures.com attendees and subscribers

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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

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

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

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

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

“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

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