Tammy's journey to refinement and FREEDOM. GREAT THINGS ARE HERE!

Tammy's journey to refinement and FREEDOM. GREAT THINGS ARE HERE!

Hello,

My name is Tammy and I bought the Dean Graziosi books on my Thanksgiving vacation. I bought them in audio format as well because I am a stay at home mom to 4, and I homeschool them, so I don't get much of a chance to read these days!(Unless 'The B Book', 'Goodnight Moon', 'Skippy John Jones' and 'The BellyButton Book' count) My children are currently 2,4, 10 and 12. My husband is employed for the county and makes a decent salary, more in flexible benefits.

I have been a REI since 1997, but here I am in 2010 and I have 5 mortgages and my cash flow is pretty poor. I own 5 properties, rent out 3 of them, 1 is my primary home, and we just acquired a sweet divorce sale property in the California mountains. (100K below FMV!).

But, as we secured that sale on our 2nd home, we required a cosigner because of all our mortgages (4 first and one 2nd), and in the end, the bank didn't even WANT us on the loan, despite have a great credit score and proof positive of no vacancies since 1997!!! (Banks will only count 75% of any of your rental income when analyzing income, because they expect you to fail at it; even with 13 years of proven record) My in laws were gracious enough to be on the loan alone while we make all the payments and cover all the expenses. Its unofficially our first PML.

You see, we got traditional financing, secured and guaranteed all these homes ourselves. Our ratios for credit are bad due to having the 5 mortgages, and rental income, so no one wants to extend credit to us. I've never had any lates or collections, and pay on time, there is just a major credit crunch right now and banks unrealistically only counting 75% of our rent income, but 100% of our rent expenses. So now, with the economy the way it is, we were going to have to stop investing, in the BEST market we've ever seen to invest in. I just couldn't accept that and was determined to find something that will work.

After being told by at least 10 people we will not be able to invest in real estate any more, and being stubborn about not accepting that my business was dead, I flipped the channel and found Dean Graziosi. Timing couldn't have been more perfect! (I think God played a big role here, because I rarely watch tv, let alone late at night!) I quickly ordered the books profit From RE right now and Be a RE Millionaire. Smiling That is where I am and where I started.

I waited 3 months to start posting on this site from my initial sign up, didn't realize what a valuable resource I was missing! Stick around! Its invaluable!

**edited 5/16 to add Edge 2011 photos :P** (I wish I hadn't had surgery the Friday before as I'm still filled with whatever it is they fill you with, but I wasn't going to miss this event for anything! Laughing out loud)

**edited 1/24/2012 to add my video (recorded March/April 2011)

Here is the video link. http://www.deansmedia.com/play.php?vid=243 I hope it conveys some of the struggle as well as the triumph. This was recorded in March, so I've since done many deals; but it will have to wait for the 2012 video. Sticking out tongue

I have also started a new 2012 journal here: http://www.deangraziosi.com/real-estate-forums/investing-journals/99510/...

Hope all of you are turning your ideas into actions and making it HAPPEN! Do it NOW! Smiling

__________________

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Also, ...

... I attempted to register for the EDGE on this site and it took me all the way to the credit card information, so I guess there's room! Or, it'd say sold out, right? Anyway, I just have to wait for the money to get transferred into my account and it's set! Smiling I just can't believe it, I did NOT get my hopes up at ALL this whole time, and then just yesterday it happened. Weeeee! Smiling Yes, I'm stoked.

Yes, I emailed Megan and am just waiting to hear from her. I've been up literally all night so I need to lie down and get some sleep. I will hopefully see you later. Smiling

omg I can't believe I may actually be going to the EDGE... whew.

__________________

"Persistence Pays, Procrastination Delays!" - smurfy

"I can do ALL things through Christ who strengthens me." - Philippians 4:13

"He will keep in perfect peace whose mind is stayed on thee" Isaiah 26:3

"Those who wait on the LORD Shall renew their strength; they shall mount up with wings like eagles, they shall run and not be weary, they shall walk and not faint." Isaiah 40:31

View my journal here: http://www.deangraziosi.com/real-estate-forums/investing-journals/59850/...


P.S.

I didn't know you were ailing, sorry to hear that. Glad you had the surgery to take care of it. Diladid (spelling?) is an awesome pain reliever, wow that it only took it down to a three Jawdropping!. I hope you feel better and can lose that bloated feeling asap!

__________________

"Persistence Pays, Procrastination Delays!" - smurfy

"I can do ALL things through Christ who strengthens me." - Philippians 4:13

"He will keep in perfect peace whose mind is stayed on thee" Isaiah 26:3

"Those who wait on the LORD Shall renew their strength; they shall mount up with wings like eagles, they shall run and not be weary, they shall walk and not faint." Isaiah 40:31

View my journal here: http://www.deangraziosi.com/real-estate-forums/investing-journals/59850/...


Yes

This guy was someone one of the partner's trusted, and it ended up backfiring. He did not sign anything the sneaky SOB. I had no control of that. Sad Its a cut throat business!

Lisa, Hey, even if there isn't space (I'm sure there will be; there are usually people that don't show, still come tonight to network with everyone! It will be great.

I got a call last night that my child care fell through. The lady has several other applicants and is weeding through them. Cutting it way too close!!!

You need to be at the EDGE Lisa, I HOPE there is still a spot left!


Cheryl,

yES, we're here, we're here! Can't wait to meet people tonight. I'm going to experiment with make up. I don't get to wear it that often, so its nice to get to wear it every now and then! Smiling

I had everything ready to go, but the toothbrushes weren't packed in the car. Off to get some toothbrushes! Sticking out tongue Also going to get food and a few other things. Gas here is so CHEAP!!!!! I paid $4.10 a gallon to come here; I am seeing the $3.65 and 3.59s and going YEAHHHHH!!! It doesn't take much to get me excited. Shocked

Of course, I had to look up the value of the house I'm staying at! Laughing out loud I got it for $25/night cheaper than the hotel (for Dean's discounted rate, 1 room) (I'd need a huge suite, so the savings are much higher Eye-wink ); its FMV as is right now is $380K. Just the curious investor side in me wanting to know! Cool


Wonderful! Don't sweat the

Wonderful! Don't sweat the small stuff like toothbrushes. There's always a way to solve the problem. Enjoy getting a little dressed up tonight. I know how it is with kids.

That is cheap for gas. We filled up our SUV a couple of days ago and it was $100. It's good to keep your mind on real estate at all times even when your wondering about the price where you're staying!

Keep us posted on your adventure this weekend. At least we can hear about it even though we're not there. It's still just as fun because it brings back memories of last year.Smiling

Cheryl


Tammy

Shocked your child care fell through???? What're you going to do? Do you want me to come watch them tonight, at least, for you? I haven't been able to get anyone on the phone now (they close before three?). I tried but they are all gone for the day, the recording said. Megan emailed me and so did Jeremy, and he tried to call, but I couldn't get my messages till after three today. Ugh. If you want, I can come there and watch your kids. I know we never met, but I promise I'm ok lol. I've raised two awesome kids, one is a rock star (and a decent, clean cut, no drugs or anything weird, and he's married and they are both Christians!), and my daughter is a die hard Christian and very sweet, so I must've done something right!!!! Let me know, I know you want to go to this Meet n Greet tonight. I'll pm you my phone number. Smiling

__________________

"Persistence Pays, Procrastination Delays!" - smurfy

"I can do ALL things through Christ who strengthens me." - Philippians 4:13

"He will keep in perfect peace whose mind is stayed on thee" Isaiah 26:3

"Those who wait on the LORD Shall renew their strength; they shall mount up with wings like eagles, they shall run and not be weary, they shall walk and not faint." Isaiah 40:31

View my journal here: http://www.deangraziosi.com/real-estate-forums/investing-journals/59850/...


Lisa

The kids are allowed at the meet and greet! Smiling So, come to the meet and greet tonight! You can register there as well! Sticking out tongue Starts at 6pm!

Thanks for offering. The lady that got me the childcare found another sitter for me, so I'm ok. Sticking out tongue Got the kids a bunch of water guns and other toys, and one really big water gun for the sitter. Laughing out loud


I MET DEAN!!

So, Makeba, Karen and I were standing at the entrance talking and I was saying how Dean probably won't be coming because he was just in Las Vegas, and lo and behold who is standing right next to me saying hi! Then I gave him a big hug, and said sorry, you probably don't even know who I am. He was so down to earth and said that's fine, and knew who I was when I said my screen name. Sticking out tongue

Great day today! Sticking out tongue

In addition to Makeba, Karen, and Dean, I got to meet Roger (Jaguar Investments), Cathy (cathyb), Rina, Joe and Stacey Jurek, Jay (jbtoggs), and a couple of other's Smiling Sorry if I missed you! I'm so excited right now! Smiling

I've gained so much weight, and guess who was there? Well, I didn't start watching biggest loser until 2 years ago, but in Season 2 there was a guy named Pete Thomas; he was there; he's working a deal with Dean, and Makeba was so excited to meet him. Smiling He's been skinny for 6 years. WOW!


Tammy, So happy to hear

Tammy,

So happy to hear everything worked out with the babysitting. Great to hear you're meeting everyone. I love your new picture. Enjoy the rest of your weekend!

Cheryl


SO pumped up

from the EDGE event! This was AWESOME! Got to talk to Dean some and went up to ask MANY questions! Also went on stage during Nathan's presentation so that was thrilling. Got high off the markers I was writing with! Laughing out loud (They did have an awful aroma (maybe that's why Dean is so hyper Sticking out tongue)

I have got to say that Dean is just as real in person as he looks to be on videos. The genuine real deal. He wants to make as many millionaires as he possibly can and he is PASSIONATE about it. He is an awesome role model.

Meeting and networking with everyone was I N C R E D I B L E!!! We had to get home because of the babysitter, but I really was hoping to go out to dinner with several others. I'm still here in AZ for a little while. Smiling

I did a recording with Roger (Jaguar) about our deal together with Dean's crew. Networking here on DG.com was really the first tracking into my major investments. This was a deal I posted about and said if anyone had any questions how I did it to ask, but noone asked me. When I revealed it to some people at the EDGE their jaw dropped because it really was a creative investment strategy. Jawdropping!

The speakers were great, lots of stuff was very basic stuff, but there were a few that really opened my eyes to some other stuff that was phenomenal that I would not have thought about before. I think my favorite part of the whole event was the Q&A sessions. Smiling Being able to pick the brains of Dean, Indiana Joe and Stacey, Rina, Laura, Randy, and all the others up there was awesome.

My goal is to be a speaker there next year. Sticking out tongue Laughing out loud I WILL DO IT! Smiling

It is CERTAIN we will SUCCEED!


you rock

I am excited to see that you made it to the Edge. That's so great. Meeting Dean and the gang. I hope I can go there next year. Once again you set your mind to do something and accomplished it through all of the challenges you faced just to get there. I can't wait to see how this will change your investing opportunities. Keep up the great work.

__________________

CHP Investments Inc.
Power Packed Investments
James Cook & Tawnya Pete We are creating a future one deal at a time in the footprint of those who have gone before us by learning daily and taking bold action on what we know works by there example and success.

[favorite quote] The execution of an idea is always more important than the brilliance of a thought; transforming learning into behavior. author unknown.


Wonderful to meet you!

Hello Tammy!
It was a joy to meet you and your family. It was a phenomenal time indeed! Here's to continued and exponentially growing success!
Blessings,
Gena
Oh - and love your new photo!Smiling

__________________

Blessings & Favor,
Gena.
Follow my Blog: www.genahoriatis.com

I can do all things through Christ who strengthens me. Phil 4:13

Psalm 1:1-3


Its too easy here!

Building a power team in AZ is too easy. I already have a realtor and some contractors. Laughing out loud (I don't even have a realtor where I live! LOL) I'm looking to see if any of my HMLer loan here in AZ, if not I'm going to be calling local ones here all afternoon. My realtor is sending me properties in select areas that are good for buy and hold. Sticking out tongue I'm also scoping out the local banks while I'm here. Look out AZ, I'm here! Looking to get a minimum of $600/month cash flow a month. I intend to put offers in tomorrow, at least 25, and see what happens. Smiling

Gena, it was so fun wasn't it! Had a BLAST! I will see you at the top! It was an exciting time, and so great to meet you!

James, put it on your goals, we will definitely see you next year! I've already got my ticket to go. Sticking out tongue

Cheryl, thank you so much for the info on babysitters. I did get one again through the same agency, luckily! Smiling

Lisa, this event would have had you ON FIREEEEEE!!!!!!!!!!!!!!! I WISH you would have come! Sad

That is all... Busy getting a home in this area. Sticking out tongue I'll keep everyone updated. Sticking out tongue


Well, I've had a revelation...

I cannot believe in a few hours of networking, I have not one, but TWO investor friendly RE agents; that not only will put in lowball offers, but one of them can even get me access to probates and auctions and can help me wholesale properties.

Now, I always thought *I* was the problem in finding RE agents! I just PROVED myself wrong. Wow, this is so easy when its not in CA~!!!!! THAT should encourage ANYONE in other states, but for those of us in CA Sad, makes us all jealous! Sticking out tongue


Have 3 auction properties

I'm having title run on here in AZ. Sticking out tongue 2 will probably be canceled I imagine because in researching, I found they are pending short sales.

Tomorrow we are headed to the Grand Canyon for a field trip. Smiling Just so long as I get home in time for Biggest Loser finale! Smiling I am still blown away at how EASY it was to find a realtor here! Because in my entire journey in CA it has been a huge struggle to get a REAL realtor, I can't fathom how simple it was!

Putting out some CL ads to get some buyers. I'm hoping to win an auction and wholesale a few properties here before I make an actual purchase here. I need to raise some capital for my newest endeavor, which is the mastermind program and inner circle. Right now I'm house rich and cash poor. I've increased my net worth by over 117K this past year. Not too shabby. Increased my cash flow by over $750; HOWEVER; since my cash flow was slightly negative starting into this, I'm still not making enough a month to feel comfortable. Sticking out tongue

That is about to change Laughing out loud

It is CERTAIN we will SUCCEED!


Tammy

girl, you are an REI machine!!! i think you could really get into this! Eye-wink so glad you have had such a wonderful time in AZ. you have really accomplished so much.

__________________

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


Tammy

YAY the pictures are great:) Smiling I do not think the ones with me are any good but you look fab with stacey and joe and with dean:) Smiling Karen and dean look great too:) Smiling

I see you have already started your action plan. WOOOT WOOOT. Hey were you able to talk to the couple about financing. Let me know how it went and if they had some good insights and tips on talking with banks:) Smiling I hope it helps:)

__________________

When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.

www.virtue-investments.com


Excited is not even the word

I was stumbling to talk. OH man was I ELATED:) Smiling How perfect was that to meet up with all of you guys and for one of my other passions " the biggest loser" to be at the same event. Which by the way he has done RE for years too:)

It was amazing meeting and talking with Pete. It was so overwhelming. I wanted to talk to so many people but there just wasnt enough time to talk to everyone. I missed the opportunity to meet up with so many others. But I have to say I was so happy and excited to meet up with you and your family. Smiling

LOL Karen knew who you were right away. Smiling She is good like that:) She also helped me meet so many others.

So whats the plan from here Tammy? Have you seen your year yet? Whats it look like:)

__________________

When you say thank you, you are telling the world that you want more. Say thank you every day! It will bring joy, and it will bring so much more.

www.virtue-investments.com


Makeba

Don't be so hard on yourself! You have a great smile and are a beautiful person! I know you've GOT to love the pic with Pete Laughing out loud I too hate all the pics with me in them and think they're horrible; all I notice is my surgery inflated area and my funny facial expressions Sad

Dean looks good in EVERY pic, I don't think he takes a bad picture.

I am trying to move very fast. Already have 2 buyers here in PHX, on my vacation. Sticking out tongue Its TOO EASY here! I have got to MOVE somewhere other than CA!!! I have a fire lit under my butt fromt he EDGE! Cool


Hey all you Edge attendees

What is the latest acquisition strategy? Anything new? How does Matt FIND those properties? Anything new? Did anyone go into depth about acquisitions?? Anything new?

Hope you guys had fun!
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


I hear ya...

Tammy,
Sounds like our finances are in similar situations. I've increased net worth quite a bit and a little on the cash flow - but after paying for my daughter's wedding and college for 2, the profit on the rehabs is GONE. Working on that though. You (and I) are going to be huge successes!
Blessings,
Gena

__________________

Blessings & Favor,
Gena.
Follow my Blog: www.genahoriatis.com

I can do all things through Christ who strengthens me. Phil 4:13

Psalm 1:1-3


MICHAEL

The answer continues to be "bandit signs" LOL
Gena

__________________

Blessings & Favor,
Gena.
Follow my Blog: www.genahoriatis.com

I can do all things through Christ who strengthens me. Phil 4:13

Psalm 1:1-3


Gena, Michael and built power team + 2 buyers

Yes, and I just spend a nice chunk joining the mastermind group. Sticking out tongue Money to be well spent! We will make it big!

And yes; isn't that funny; bandit signs are still the revelation of success; followed by the internet marketing; but nothing so prosperous as the good ol' handwritten bandit sign. Sticking out tongue Funny, isn't it?

I did not go to the grand canyon today; we decided to wait for Thursday.

On this vacation, I've done a lot of stuff with the kids, all while building a power team the last 2 days. Now, I am just blown away how I was able to do this so quickly here. I have 3, yes THREE real estate agents Jawdropping!, a title company, 2 contractors, AND 2 verified buyers. Met with one of the agents assistants today and am meeting with another tomorrow, just to show me around the areas of PHX. Smiling Not to look at houses per se, but kind of to take a tour of the area. Laughing out loud I am A M A Z E D that I was able to do this putting in only a few hours each day. Before I got here I had networked with a group to go to the local auctions here for me (the Trust deed sales) as well. It took me forever to do this in CA, and I still don't have 1 RE agent there. Now, I have one investor I'm going to call to help me with the wholesaling whose local here; I wish she would have made it to the EDGE, but I think she'll be pleasantly surprised by my call. Laughing out loud


Linda and what the EDGE did for my hubby! :D

Thank you for all of your encouragement! Over the last year you have been such a positive icon in my life! I rely so much on all the positive people here! Having my hubby come to the EDGE was a good thing; he got all the positive energy and vibes and got to hear the talk about the naysayers and negative people. Smiling He hasn't taken any action since the EDGE, but after a day of talking about it, he ENCOURAGED me (a miracle) to fill out the application for the mastermind group and saw what value it would give me.

I am SO STOKED about it. I'm looking forward most to working with Dean for a few days, but will also have the one on one coach as well as someone coming out to my house. This is something he would NEVER have allowed me to do!

The whole atmosphere and event and networking with other investors with a like mindset really helped him see what I'm doing IS attainable.


Tammy

The idea that your hubby has come around is worth all of this! That will take away so much stress!

How wonderful what you have been able to accomplish in AZ so quickly!

Have fun on the rest of your trip.

__________________

"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!"


Michael

Greg Murphy is working a new acquisition technique now, too. He finds the "butt ugliest house", puts Vicks Vaporub on his top lip to be able to breathe despite the stench and goes in and "just knocks the ugly off". Then flips it to his buyers. Eye-wink

Very nice technique! And a great visual...

__________________

"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!"


Karen

Oh yes Greg! Get 'er done! 5 gallons of bleach and baking powder... to the RESCUEEEEE!!!

Its been eye opening building a team here, that is for SURE! CA is a TOUGH market and not very investor friendly!


Got to bid

on 2 properties today at auction here in Phoenix (through my power team Sticking out tongue). Was outbid on both. Laughing out loud Went and saw a few properties today; these are properties that have built in equity already with a lower asking price; but don't need much work (only minor cosmetic). Going to put an offer in on 3 of them. Whooommp there it is!


Tammy, That's great you're

Tammy,

That's great you're jumping right in REI in AZ and getting hubby involved! Hope all goes well with your next bids. Don't forget to get to Grand Canyon! We went last year and it was awesome. Good luck with everything on the rest of your trip.

Cheryl


Grand Canyon tomorrow and some stuff from the EDGE

Cheryl,
We are headed to the GC tomorrow for sure. Smiling It was actually raining (pouring at times) here in Scottsdale! That has to be pretty odd weather for May! LOL

So, I've been thinking; I bought tickets to the Luau this year but ended up not being at the main event because I had to watch the kids at the pool with hubby. Next year; I think we should set up a party with karoake! Sticking out tongue I LOVE karaoke, and it is so fun to do with a big group of people.

Anyhoo, my hubby confuses me; he loved the event, but he has taken any action steps; not even so much so as filling in goals. Any free moment he gets, the tv still goes on. He comes with me to meet with the realtors and auction guys, but he's just not motivated. Today he reverted back to the 'we'd be better off without you investing'. I am so grateful he let me sign up for the mastermind group so I can put that negative talk behind us SOONER than later! Sticking out tongue

We had spoke with Chad after his presentation about the rentals and being firm when tenants are behind; and he was in agreeance with our strategy to work with our tenants. They've been tenants since 2004, take meticulous care of our property, always paid on time; we've never had to come out to repair anything, except to replace the stove (because it was just old and died). So, they are both out of a job right now and we are working with them. They are consistently paying what they can; but are still 2 months total behind.

Chad spoke about property management, and we have a little different strategy, but if we're going into multi units, he's got a great thing going! Chad is the youth minister local to us; about 1/2 hour away from us. Now, I just have to send my son to his church. Sticking out tongue (He's 12, and boy, has he gotten SASSY! I am pulling out hair with him some days!)

Now, someone at the EDGE asked about 1099s, and I did not do a 1099 for my contractors on my rehab. I'm wondering if its too late for me to send them; and if not; since it was done very close to the end of the year, could I put them as 2011 1099s? I need to ask my CPA, or call Bill up to ask his opinion.

My technique for assigning is to find buy and hold buyers. This was part of Greg Murphy's presentation at the EDGE; and they are the best buyers to have on your list.

Tomorrow we head to the Grand Canyon and then we back to CA. We are stopping at our cabin in the mountains because its 90 miles closer for the weekend. I can't wait to see the lilacs on the tree I got for mother's day last year. I missed it the weekend I was in the hospital, and then of course the EDGE was this past weekend. Lilacs have very special meaning to me; when I was a kid we had tons of lilac trees in the wild area across from the condo complex I lived in. Every mother's day, I'd climb the trees and bring home a huge bouquet of handpicked lilacs for my mom. They were her favorite. Since we got the cabin in the mountains, and there is an actual winter there, when the kids and hubby asked what I wanted, I told them a lilac tree. We bought a baby one. In a year its grown only about 6 inches, but there were a ton of lilac buds starting to show last time I was there. I hope I didn't miss them; they only bloom a short while. Sad

So, a break for me tomorrow. I'm going to start emailing those I met at EDGE once I'm in CA. Its been quite the wonderful week with only a few hiccups.