The concepts that are being talked about in Dean G.’s books are 100% accurate. I and others have been doing similar transactions like this for years. Some people have made themselves millionaires doing these transactions. There are many investors that are on this forum that are here to offer you advice and information along the way. Obviously, we can’t see the specific property you might be inquiring about, but we try to give you information in the general sense. It is always up to you to do what is called “due diligence”. That means YOU need to research the property and the facts around its acquisition.
But here is where it gets tough. There are a few people on this forum that I suspect have signed up for multiple user names and give advice and then enter additional posts patting themselves on the back. Or they have an idea and then proceed to use their different names to promote that idea. Could I point out my suspicions on who those people are? Sure. Am I going to do it? No. It is not my job, but more importantly, it won’t matter as soon as this post is buried under the hundreds that are posted every day.
So to those that are reading this, just be careful. Check to make sure that the poster has filled in his profile information. Wouldn’t you like to know a little about the poster as a way to begin a relationship? Read each post with skepticism until you feel you have a genuine “feel” for the poster. Real estate forums are like the Wild West. Always assume the sheriff is in another town. But lastly, remember that most people on this web site have a good heart and want to help; it is just a few individuals that ruin it for everybody.
Good fortune to everyone who desires a rewarding life.
Always Looking to Acquire Houses | Always Looking to Amaze Investors
Bill
Well I read and agree as I do with most everything you post.
http://kendrickpropertymanagement.com/
http://rochesterapartmentrentals.com/?page_id=10
Seems the Holidays bring out the best and the worst. Or maybe it just feels worse because it is the holidays.
The greatest three letters in the English alphabet are N-O-W. There is no time like the present. Begin now!" - Sir Walter Scott
Love and Blessings to all.
Sherri
A quick google search isn't a bad idea.
well said.
Linda, Army EOD Mom
you can follow my journal at http://www.deangraziosi.com/real-estate-forums/investing-journals/45351/...
IT'S ALL GOOD AND EVERYTHING IS WORKING OUT PERFECTLY FOR ME!
Fear equals:
False
Evidence
Appearing
Real
Thanks Bill for spreading some realilty.
Randy S.
Elkton MD
Appreciate the heads-up and will take heed.
Thanks,
John
Quitters NEVER win - Winners NEVER quit!
"P.U.S.H. = Persevere Until Something Happens" Dean
“Opportunity is missed by most people because it is dressed in overalls and looks like work.” Thomas A. Edison
Check out my Road to Redemption journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/88171/...
www.windfall-properties.com
As always I am with you 100% on this subject. It is truly ashame that some people would try to take advantage of other people who are trying to make a better life for themselves.
I would only hope these scammers get theirs in the end...Jan
and so true! Due diligence not only applies to RE, but also to working with other people!
and so true! Due diligence not only applies to RE, but also to working with other people!
Bill,
This is very well put.
Unfortunately, some people believe only what they want to believe. Thus the shysters survive and often thrive.
Karen
"You're never too old to be what you were meant to be!"
www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...
"Shining Like a Star & Dancing on Sunshine"
"Shoot for the moon! Even if you fall short, you'll still land among the stars!"
to be cautious when necessary is always appreciated!
Thanks, Nadine
** Realtor/Investor in Lancaster County, PA
His Hope Enterprises LLC
Creative real estate solutions --> www.GetMeOutFromUnder.com
Traditional real estate help --> www.LancasterHomeHelp.com
This is a great post.
Scam artist already exist long before the internet age. They are everywhere. I was scammed 4 Times before before a engage in REI and i'm still thankful for the lesson I learned from it. Do your own Due Diligence. Blessings to all. LA
Everytime you repeat the words "I CAN DO IT" with conviction, you cancel or override your fear and increase your confidence. By repeating this affirmation over and over, you can eventually build your courage and confidence to the point where you are unafraid. -Brian Tracy-
This is good information to heed especially for those who are just starting out as a REI. And this can be applied to every area of life.
Michelle W
Great Expectations
Hello Bill,
Your right, you always have to be suspicious of people until you check them out. Save trust for those you know. In banking they always tell you to be suspicious of the 3P's, Preachers, Politicians, and Police. These are people that we are suppose to trust
Ty
Yesterday is history, Tomorrow is a mystery, and Today is a gift...
Ethel Griffin
...So don't throw away a gift, do it today as tomorrow is not promised.
Good post.
Steve
Steve and Veronica
Steve and Veronica's Journal.
http://www.deangraziosi.com/real-estate-forums/investing-journals/58073/...
http://www.deangraziosi.com/real-estate-forums/totally-fulfilled/72344/d...
Greetings,
Thanks for the "keep it real" post!
Peace and Blessings,
Sheila
“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light not our darkness that frightens us. Actually, who are you not to be? You are a child of God. Your playing small doesn’t serve the world. There’s nothing enlightened about shrinking so that other people won’t feel insecure around you. We were born to make manifest the glory of God that is within us.”
- Nelson Mandela
whom they said they were? Thanks for the heads up...
Barbara
thanks for posting a reminder for everyone.
I will pay close attention and do my research.
Never give up on your dreams/goals
i agree with ya!and i'm going to take your advice if they'd read the book cover to cover like dean said n the book they would fully under stand where he's come from. have fun yall!!
keep on truck!!!!keep reading!!!!keep finding!!!!keep sharing!!!keep responding!!!keep help keep-up the good work!!! but,don't keep it to yourself!!!
We all know that there day will come.
Shame on them!
They are the grinch who stole Christmas!!
Jay C
Well said as usual and thanks!
Michael Mangham
MD Home Acquisitions LLc
Knowledge is power, but execution trumps knowledge. Tony Robbins
http://www.mdhomeacquisitions.com Seller site
http://www.mdhomeacquisitionsbargainhouses.com Buyer site
http://www.mdhomeacquisitionshousehunter.com Bird Dog Site
http://www.mdlodeals.com Tenant/Buyer site
thank you Bill,
I hope the scammers will read this too!
Valerie
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
Bill, I, Not only agree, But, 100% I agree. I never think one minute That people would do that, until it Stopped me in my tracks for two weeks to know that even here they bring their DIRT and DECEASE. I will hope they read your blog. I do not have my Portfolio up But I am waiting or February 2011, I have benefited much from this site even though I do not Post much But I will pay more attention Now, since I know I am not the only one who notice this.
Bill, Happy Holidays and Success in 2011, To you and your entire Family,
Thanks again for this Post,
Veronica.
...for the heads up warning!! I have been a member on the site for awhile, I have my profile done, and (like i have tended to do in "real world time") I give everyone MORE than enough rope to hang themselves--after that I usually let 'em swing in the wind!! It's a sad, sad shame that even in a site where it is supposed to be a community of people who are trying to help each other and give encouragement to one another there are a few rotten apples trying to ruin things for everyone! Guess it's the anominity of the Internet that gives them the thought of hiding themselves.
Thank you for the "reality check"!!
I didn't realize that people were doing that kind of thing on here. I guess I should pay a little more attention. Thanks for the heads up.
Rick
Rick Merritt
Trident Realty, LLC
Weak is he who permits his thoughts to control his actions; Strong is he who forces his actions to control his thoughts. --Og Mandino
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gotta go!
Seriously, you guys are surprised???
I had a discussion with a few DGers with when I said as much as I like this site, it presents a false sense of that 'kumbaya' and 'We Are The World' mentality that easily allows people to get crapped on.
This site is about making money. The people on this site are about making money. There are new people on this site who constantly talk about making money and talk about doing anything to make money. How can any of you not realize that there will be frauds and scheisters lurking???
We just went through a housing issue where people were scammed and defrauded; what makes you think Deans site would be immune to this??? There are people who blatantly promote other sites, use multiple aliases, lie and say they are investors when they are clearly not. Notice the pattern???
I'm not condoning this because I myself work by a strict code and very serious about this and fee bad everytime I hear a disaster story.
Keep your eyes open. Deals come and go. Never be afraid to ask questions.
This is real estate, not fantasy land.
I agree with Elix 100%. I post my wholesale deals on craigslist even that I know that a whole bunch of scammers are always on complete monitor of that site, but I still get a lot of calls from legitimate cash buyers. Scam artist are everywhere in all kinds of business.
Everytime you repeat the words "I CAN DO IT" with conviction, you cancel or override your fear and increase your confidence. By repeating this affirmation over and over, you can eventually build your courage and confidence to the point where you are unafraid. -Brian Tracy-
Thanks, I will be more cautious in the future, and check out everyone I am doing business with. Sharon