All About Rina

Rina's picture
Lorina (Rina) Krisak
About Me: 

REAL ESTATE INVESTOR!, full-time by choice and lovin it!
To see my REI journey, you are welcome to read my journals here:
Rina's DAILY JOURNAL: Chapter One - The Beginning http://www.deangraziosi.com/node/3470
RINA'S Daily Journal: Chapter Two - The SECOND $1M http://www.deangraziosi.com/real-estate-forums/investing-journals/38864/...


2 years ago my husband and I were still in the 9-5, work hard all your life, don't deserve too much, mindset. Since seeing Dean's infomercial in March 08 and going through the Success Academy, I have used just about every strategy Dean teaches: Bird-dogging, Assignments of Contract, Flipping, Double and Simultaneous Closings, Buy & Hold:
And although I've been fortunate enough to have bought REOs, FSBOs, Sheriff's Auction property, Short Sales: offered lease/options, been guest on Dean's conference call, had my story in PRFRERN, been in Dean's TV infomercial, attended the Edge event, etc. etc. and built a net worth and cash-flow greater than I could have ever dreamed!.. there is something here that excites me so much MORE!!! Seeing first-hand all the wonderful people who's lives have been changed by Dean and deangraziosi.com!!

Having been part of the DG Family here on Dean's website for almost two years, I have seen SO MANY people come scared (like I was) and desperate to change their lives, and then I witness something truly remarkable. . . While many come and go,, those that stay (even if it seems to take some longer than others) those that stay, eventually have a success story to yell out!! I mean hundreds of students! No exaggeration. Some join the Success Academy, some do it by the books, but ALL glean from the free knowledge that Dean shares in these forums and are here to support each other, and every day there are new success stories posted by one-time newbies. IT'S AWESOME!!
So, any newbie reading this profile, I say CONGRATULATIONS! for finding the best REI oasis in the world! YOU are here for a reason! And you CAN succeed. Just believe in yourself, and put forth the effort and you WILL succeed. Look forward to meeting you in the forums!
Here are a few tips:

1) To start a REI journal of your own go here:
http://www.deangraziosi.com/node/3522 (make sure you start a new thread under "Post New Forum Topic")
and then to find yours when you return you can bookmark it or click on "Member Journals" on the left of the page.

2) Click on "What's New" to see the threads with the newest posts, and "What's Hot" to see what's most active. Use the search box (under Dean's chin) to find threads with subjects you are interested in learning more about.

3) Watch ALL Dean's blogs! Listen to ALL the conference calls! Leave no nugget from Dean unturned. (And open ALL your emails from him!!)

4) DON'T be afraid to join in the forums. We all learn from each other. And making yourself visible is good marketing too. Eye-wink DON'T be negative (please). Don't be scared of looking "new" (we all were), but be ready to research like crazy and share with others the knowledge you acquire.

5) TAAAAKKKKKKEEEE ACTION!!!!!! (Feels good, and it's the only way to get there! Eye-wink)



To see my REI journey, you are welcome to read my journals here:
Rina's DAILY JOURNAL: Chapter One - The Beginning http://www.deangraziosi.com/node/3470
RINA'S Daily Journal: Chapter Two - The SECOND $1M http://www.deangraziosi.com/real-estate-forums/investing-journals/38864/...


4/16/09 (Guess I should update more than once a year) Wow. I can't even begin to fill in what this last year has held. I guess the story is best told in my journal http://www.deangraziosi.com/node/3470
Lots of REI deals, experiences, friends made, a daughter married, a grandson born, new future planned. I thank God for bringing me here. I guess I'll be a DGer for life.. LOL

4/29/08 Looking back just 2 1/2 weeks, I can't believe how much I've already learned! Thanks ,everyone for teaching me! Here was my first note to dgadmin:

Date: Thu, 04/10/2008 - 04:15

Dear team,

Thank you for creating this forum. I am a new “success team” student and I’m very!! excited about learning new techniques to use in our real estate ventures.
My husband and I first started investing in real estate 15 years ago when we wanted to create some extra income to send our 4 children to a small Christian school in our community. With just $5,000 down, we bought our first 3 rentals for $8,000, $11,200, and $16,000 (which the rent has paid for many times over through the years, beside paying the kids’ tuition). Our youngest daughter is now a junior in that K-12 school.
We now have 7 rentals with a very good positive cash flow. One of the original houses was bought by our renters to whom we had grown close. Not only were we able to multiply our money, they were able to purchase a home at half the market value! We were both very happy!
Even though we’ve been very blessed (and I do thank the Lord!), and have done pretty well with our investing, my husband and I have both had to work very hard for what we have (that’s not necessarily a bad thing). But now I realize how much more is at our fingertips! I don’t say any of this to pat ourselves on the back, only to say that if we’d had Dean’s techniques all along and had learned to not limit ourselves, HOW MUCH FARTHER AHEAD WOULD WE BE TODAY?
I’m soooo excited to have stumbled across Real Estate Millionaire. I saw your infomercial 2 weeks ago, ordered the book & read it the first day I got it! Within the last week I’ve joined the “success team”, made 3 purchase offers using techniques I read about in the book, and have closing dates set on 2 new properties in our town !! one at a discount of 30%, and both with no money down!
I thank you so much for sharing your experiences, your successes, your failures (I love the personal stories in the book). I look forward to gaining a wealth of knowledge and will use every little tidbit! The tele-seminar tonight was great. Dean and Nathan, I love how real you guys are. I took lots of notes.
Thanks again and keep it up.

One of your newest students,

Topics I've Participated In

Basic Info

full-time REAL ESTATE INVESTOR as of Dec 2008!! Woohoo!!!!! THANKS DEAN!!!!! :-)
Have Child(ren)
Some College

Sites I Visit

Mainly Just This One


Welcome, eldontomas.

Rina's picture

To be honest, I don't know TOO much about LLCs yet (Limited Liability Company/Corporation), but I was advised that was the best business structure for my real estate venture. It has the best asset protection with the least complexity. If you want to learn more with me, follow along in the forums as the days go by. For more info now, see some of the postings from cbrpower and Hazco Investments. I'm sure there have been others, too, that I'm not thinking of right now.


Hi Rina

Anitarny's picture

Did you just check out the post about starting a REI Group on here. I had to laugh when I saw it, but thats great. You must email me sometime. Anita

Cool Cool


Rina's picture

Yes, I'll have to do that. Talk to you soon,



Hi Rena, I have aquestion, if you would be so kind to answer it for me it would be great. Well, my question is: What is the difference between a contract of sale and a purchase and sale agrement?

I have no idea.

Rina's picture

I have no idea. It sounds like the same thing to me. To be honest, I'm really here to learn all that stuff, too. I know how to invest and make money, but I have to learn all that real-estate "jargon". I just sign the papers when I need to. I read them thoroughly and can understand them when I do, but in order to teach someone else about them, I've got a lot of studying to do.
I'm sure cbrpower could help you.

Thanks for writing. If you read through all these forums (I know there are a lot of them) you'll find answers to all sorts of things you want to know.

Good luck,


(No subject)

Rina's picture

Good afternnon

cbrpower's picture

Just wanted to say "Hi". Thanks for saying good "morning."

Thanks anyway Rina

Okay, I will ask cbrpower to see if he can help. Thank you anyway Rina. Smiling

\how to calculate Debt/Equity

Yes, can anyone tell me how banks calculate your debt to equity to see if you quality for a rental property. I just had my credit ran and my debt to equity was too high and I am trying to find out how to lower it to get another rental property. Thanks in advance!

Mark, I see you're online

Rina's picture

Mark, I see you're online now. You can probably answer this better than I can. (jeffmcnair, Hi. I'm just learning myself when it comes to a lot of these formulas.) Smiling

where are you located in Wis.

cbrpower's picture

What city?


Anitarny's picture

Tell me what you know personally about HELOC


Rina's picture

So far, all I know is what it stands for. Smiling No, I'll tell you what I know and then fill you in more as I learn more by doing. We took out a 100% HELOC on our house last week. We could have gotten a better rate with 80% (prime - something), but I figured it would be better to have access to more $ in the long run. So it's at prime + .5, I think. So it is an adjustable rate. We used part of it to purchase the land this week, and have the rest left for immediate cash for investing. All you have to "pay" each month is the interest. They deduct it from your account, or add it to your balance, whatever. Starting tomorrow, I'm going to start "making payments" with my husband's paychecks. I'm not sure if I'll keep out the $ I need for bills in our regular checking account or if I'll transfer when needed. I have to call the bank tomorrow. I'm not going to ask TOO many questions, because sometimes it's better to just do something and ask forgiveness later, rather than be told "You can't do that!" I'm gonna try the Australian mortgage on my own. I'll call it.... the Wisconsin mortgage. Smiling

By the way, I have a great story about a house we bought at a sheriff's sale in January! I started to write it last week, but it's so long! It's mostly a "what not to do" story. Do you want to hear it? I'm warning you, it's more like a book.


Rina's picture

idon'tknowwhybuti'mavoidingyourquestion. ifeellikei'dbegivingtenmillionpeoplemyaddress.
Puzzled isthatdumb?

lets hear it

Anitarny's picture

hey check out www.realtytrac.com.. I think this site rocks.

lol!! I just saw

Rina's picture

lol!! I was just on the site where you posted it, thanking you for putting it in! Smiling

No big deal

cbrpower's picture

Although I have told everyone where I live and where I am investing.

(No subject)

Rina's picture

Check your PM.

Rina's picture

Check your PM.


Has anyone actually made any money within 30 days yet? Just curious

within 30 days?

Rina's picture

within 30 days?


Anitarny's picture

I have

Hi liltwurker23!

Rina's picture

Hi. I wasn't sure if your question was about making money in 30 days or if the coaching program only alloted that amount of time to turn a profit. Yes, I too HAVE made money within 30 days. If you use the coaching program, you have 12 months in which to do 5 deals for a full refund, within certain guidelines. Please, if you have any other questions, feel free to ask. Any of us who can will be glad to answer.



hi i feel lost trying to figure out how to e-mail several people at once. Also how to use forums. and just getting started in general. i feel dumb. should i be looking for properties already or any suggestions?

Hi mpaez

Rina's picture


I haven't found a way to PM more than one person at a time. (If anyone else knows of a way, let us know)

As far as using the forums there are lots of different ways to do it. What I did when I first joined was just start looking through them systematically. At the top left of the page under "Main Sections" click on "Forums" and just start reading one after the other.
You might get distracted into joining a conversation. That would be just fine. Smiling But I would really suggest reading the book and then reading through ALL the forums before you jump into anything. There is so much knowledge to be gained and answers to almost any question.

Looking at properties is ALWAYS fun, whether you're ready or not. Just drive around the neighborhoods you might be interested in and look at LOTS of listings online to get a feel for what people are asking.

Anyway, have fun reading and good luck in your quest for knowledge.
It will give you the power to become a real estate millionaire. Smiling


Most asked Questions

Rina's picture


There is a new forum "Have Questions?" at the top of the list. Start there.



Have you started any deals yet?

Hi liltwurker23.

Rina's picture

We've bought 5 properties in the last 6 months and my husband has asked me to PLEEASE take a breather. He's/we're working on a couple of them right now. We bought 2 REOs, 2 listed for private owners, and 1 at a sheriff's sale. I'm chomping at the bitt to buy more because there are so many available and I'm STILL getting calls on the most recent rental I advertised. I know any I can pick up would be rented out immediately. Anyway, I could go on, but thanks for asking. If you mean assigning, I have never tried one of those. I might do one for my niece and her husband when they decide to buy.

How about yourself? Anything going on?


Owner Financing

LadyK's picture

Greetings from New York City. I have read some of the blogs and advice you gave. I am very new to this, just got book like 3 days ago, but I am currently unemployed going on a week and I am very eager. I see that you have some experience so you may be able to explain something to me. It seems like it should be self explanatory, but what exactly is owner financing? You advised someone to make use of owner financing if they have no money for a downpayment. Thanks.

Hi LadyK

Anitarny's picture

I just posted this info for you. Just click on the link


New member

I'm a new member living in Cincinnati Ohio. I just received the book and viewed the DVD. At this time we own 1 rental property and our primary res. I look forward to helping and getting help from all members. I will see you all at the top!!!

Come on up!!

Rina's picture

Look forward to it!

good morning...

D-HI's picture

the sun is finally out here...after 3 days of rain!

good morning to you, D.

Rina's picture

Nice to see the sun after 3 days, I bet. It's been beautiful here.
We could use a little rain, though.

Contract of Sale vs.

cactusbob's picture

Can I jump in here, secrest?

In my experience a contract of sale is usually also called a land contract, and it is used as a seller financing contract, where the seller agrees to sell and carry back a certain amount of the price as a monthly payment, with all the terms set forth, including when a Deed may be received. It is similar to a mortgage in some respects, and it may be recorded to show evidence of the purchase, but legal title isn't transferred until the requirements are met.

The purchase and sale agreement is merely the long form that lists all the terms of an offer, counter-offer, etc. so the escrow or attorney has a record of what the agreement consists of. After there is a deal, which may involve institutional or seller financing, a grant deed or warranty deed and a mortgage or deed of trust is prepared and recorded, to complete the sale.

Hi cactusbob.

Rina's picture

Very happy to have you join me, but I'm guessing your post was meant for a different forum? I doubt that I can find where it goes, but I will try. Smiling


anita call on May 28

I missed the call and was signed up for it but my family and I went on vacation. I was just wanting to know when then call is going to be on again (if it is going to be on again) because it sounds like what I need to know to get started. So please try to get back to me at your convience. I just don't want to miss this great chance of gaining this knowledge. Thanks Rina

Hi JC.

Rina's picture

Somebody may have already answered your question about the conference call, but just in case, here is the link for the call and Anita's Homework Assignment.
You will really enjoy hearing Dean and Anita, and make sure you get out and do the homework assignment. Smiling It's good practice for ALL of us!

Best wishes,



Thanks Rina. I thought I was going to miss it.

Hey Rina

Hey Rina I need some help my frineds are in the military and they are moving in a month they own a hose up the street from me so I contacte them today (they are both working) but I know that they wont to rent the house not sell. So I want to go with a lease opt. what question do I ask of them and what terms do I negotiate with them. please help. Thank you.


Rina's picture

Since that is something new for me, let me read what Dean says in the book and what others have said in the forums. Also I will check in the PMI course. In the meantime, you do some research in here, too, OK? I know there's been a lot of discussion. I believe that is called a sandwich lease.
Anybody else, feel free to give pointers.
I'll let you know what I find, Lilie. If you find your answer before me, GOOD JOB!

Talk to you soon.



Rina's picture

I've been gone all day, and I come back to find you answering your own question with posts to help other people! Good Job, girl!!! Way to do your research! I am VERY proud of you!!


Thanks sometimes I have to

Thanks sometimes I have to think on the subgect and it comes back what I read somewhere before.

but it's so long!

I'm knew and am soaking in as much as I can. I'd love to her you story

lol. Hi Thomas.

Rina's picture

so long? My story, you mean? Yeah, some of us do talk a lot, don't we? haha

I'm glad you're here. Have you been on much since you joined?

Hope REI is treating you well. Smiling


Go Badgers and Packers!!!!

Stepping Up's picture

Hi Rina. I just wanted to let you know that I have read a lot of your comments and couldn't help but notice how giving you are of your time. This web site is full of great people like you i.e. Sully, Anita, Elena to name only a few. I also to let you know that I have 50 or more family members that reside in Wisconsin as well. Appreciate all your input. Nice to meet you. Troy

Hi Troy.

Rina's picture

With all that I've been given, it feels good to give a little bit back. Thank you. Smiling

Nice to meet you, too! Sounds like you have a BIG family. That's great!
I'm sorry I'm not up much on sports but, yeah, Go Packers! LOL

Troy, I wish you well with your REI future! Keep in touch. Smiling


You're my first

RELady's picture

Hey Rina,
You're my first post, or comment, or whatever this is. I'm a "newbie" and haven't even figured out how to post yet. Maybe this will get me started. I started with you because I enjoy your stuff soooo much. I am truly learning a lot from you guys. I look forward to the day when I can have my our journal.
I've been actively reading, doing my assignments, researching, etc. I even came close to making an offer on a piece of property. I love all of your encouragement!

Hi Rina

My name is Nichelle and I received DG's materials about a week ago. I missed the July 22 teleseminar but I did download and listen to it. Hearing about your experience really got me a little more excited about this but like some of the other ladies you've written to, I don't have money of my own, my credit is not so hot and my husband along with other family members are skeptics. Needless to say, I really need this to work. I did manage to get signed up for the mentor program in installments, should get materials this week but I want to get a jump start. I am a fairly quick learner and I know a little about real estate but I still have some hang ups on some of the implementations of DG's tools. First, like you were, I am afraid of having to put and or assigned on that line, I'm not shy, I'm just not a negotiator in that way. Secondly, do you have to close before receiving your profit of an assigned deal or finders fee? Last but not least, what do I look for in a piece of property? I live in Corona, CA and although the prices of homes has gone down there are many homes built before 1970 that are serious fixer uppers and still priced well over $230k. Most people here do not want the hassle of selling their homes themselves so most of what I've found are agents and bank owned. I know you may not have all the answers but from what I've heard you are head strong, determined and dedicated and I could use a female point of view! Thanks, Nichelle

Hi Jan.

Rina's picture

That is so sweet of you to say. It is so nice to meet you and Congratulations on stepping out and taking action! One step at a time, you'll get to wherever your dreams take you. Smiling The sky is the limit with REI.
Jump into the forums and put in your 2 cents. You'd be surprised how much you can contribute and make a difference for someone else. Smiling

Again, it is great to have you join us!

God bless,


P.S. You don't have to wait to start a journal. Go ahead and start one now. It's a lot of fun, and you can keep track of your journey from the very beginning. Smiling