OfflineI started I guess 3 months ago. Realized that although Dean seems like a nice guy, everyone is different and I only used about 2% of what I learned on his site and book. I realized that I found the exact same info on other sites for free.
Anyway, I went straight to the top. I found the guys (yes all men, no women) that were know across the US and would never in their lifetime call themselves "Gurus". I found their phone numbers (you can find any movie star, model, cross dresser...whatever you are into on the internet.You just need to search without using google, yahoo, bing...) I picked up my phone and they spent hours with me on the phone.
I closed on a $400,000,000 Hotel in Manhattan using the mentors that you do not pay. The ones you can call on the phone and will chat with you for hours. The ones you read about in Forbes. Grow some...you know what....pick up the phone.....be your charming old self and that is how you will make it.
Go to the top. Stay as far away as possible from people that want your money to give you any info or charge to mentor. The only person that deserves to be paid and its so worthwhile is yellow letter lady. The three w yellow letter lady a period and then the normal end. That works for residential.
Good luck and God Bless!!
So you now own a $400,000,000 hotel. How did you finance it? What is the address, I want to check it out. Maybe I will stay there the next time I am in NYC.
Thanks,
Michael
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
Amazing how you beat out Trump over the Manhattan hotel.
Strangeness abounds.
P.S. - Everything else is immaterial, irrelevant, and unnecessary.
I had the hotel thrown in my lap and a cash buyer that wanted to buy it. Period. End of story.
FYI - I would never want to own a hotel.....LOL
And the moral of the story is?
P.S. - Everything else is immaterial, irrelevant, and unnecessary.
Well done. I know you had your back against the wall when we spoke last March. Evidence a compelling "why" coupled with taking action bears fruit. I was wondering if any of the resources I sent you were of any help?
What kind of a fee did you make and how? How long was the due diligence period? Who provided the LOI? What was your fee? 1% is $400,000, you should be sitting nice now!
Michael
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
Michael
P.S. - Everything else is immaterial, irrelevant, and unnecessary.
I'm sure everyone here would LOVE to know how to do this.
PLEASE tell us how!
CONGRATS
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
your deal sounds like an entirely feasible situation. I only wish I could happen to fall into that same type of deal in NY. I agree with your thoughts entirely; that "why pay for what is available for free". I have always thought this way since I began looking at these ideas back in 2006. I have also read deans book 30 days to fast real Estate cash, and I have run onto the same problems that you have. The problem is I am not as skilled on the net as you are and I sincerely believe that many of the gurus out there have the same idea (basically). I, like you, am convinced that this is a doable way of life.
At the present time I am unemployed and truthfully I do not desire to gain full-time (hourly wage) type employment again ( I worked at Walmart for the past six years). I am 60 years old and I need to get to some type of retirement income quickly. I am down to my last few dollars and will be surviving on food stamps and handouts. Sooooo I am backed into a corner and will seek a job as a part-time basis again. Just to survive and eat on. I would love to bend your ear, and find out what it is that you do. I see so many that have made it and I am convinced that somehow I can do this also.
I will send you something privately of you would like to talk more about what you do and how you do it. Again well done and congrats.
Frederick R Bauder
Like Ali says, do one or two deals a year and take the year off! I remember you told me you thought you were going to quit, NEVER quit!
I like how you mentioned the networking and reaching out to people directly. That's how I found my mentor that helped me quit Starbucks and become a FT Real Estate Investor.
Maybe share with everyone how you did your research to find partners?
I absolutely agree with staying far away from those who keep asking for money, but there is also a thin line between education and free advice.
Congrats!
Adam Macias