FREQUENTLY ASKED QUESTIONS
I’m interested in finding out more about real estate investing. Where can I get more information?
You’ve made a great start by finding my website. Here, I have plenty of information for you, including some educational videos that will introduce you to real estate investing and more. The best way to get started is to watch these.
Exactly what do I do to get started with my first real estate deal?
That’s a good question because there is a specific, right way to invest profitably in real estate. I have spent a lot of time and money researching exactly what works best so that you won’t need to waste time with the wrong strategies, and let opportunities pass you by.
Where are the best real estate deals?
Every area has its own specific characteristics and opportunities. You’ll formulate a strategy (which I’ll teach you). These two factors, plus many other considerations, will guide you to the best potential market where you can make money, and I’ll tell you how.
Don’t I need a big stockpile of cash to even get started?
This idea keeps a lot of well-meaning, but misinformed, people on the sidelines while others get in on the great deals. I will show you how you can still get into real estate investing with little to no money, using a few simple, little-known techniques.
I have a friend who purchased a property even though he can’t even afford to buy lunch. How?
He may be one of the few who have learned the secret of how to do this. Or he could have started robbing banks in his spare time. In my course, I will tell you how you too can learn this technique (the real estate deal, not the banks). Get started by viewing the free videos, and you’ll soon be outdoing your pal with no-money-down property deals.
I have a bankruptcy in my credit history. Will I be able to invest in real estate?
I have a two-pronged strategy that will help you with this. The first part focuses on helping your get your credit back into good shape. The second will show you how you can do real estate deals without your credit holding you back. I know 11 ways to buy properties regardless of your credit. I cover these techniques thoroughly in the course material.
What type of real estate should I invest in?
There are many good strategies that you can use. Some successful investors focus on one type of property (such as high-rise apartments), while others diversify. Some prefer flipping luxury homes, and others swear by turning around distressed properties. You may not be sure right now which direction to take, but my course will thoroughly familiarize you with the pros and cons, the considerations, how to analyze what may be up-and-coming, and everything else you need to make an informed decision for your situation.
My real estate agent says that creative financing is not possible. Is this true?
Real estate agents enter the profession by passing a qualifying test, but very few are creative or successful. They are not taught how to solve problems or be creative in buying or selling, so many will simply say that something can’t be done because they don’t have access to better information. Many of my students have successfully used creative financing with great success.
Don’t I need good credit, a job, and money down to buy real estate?
You don’t need money down, a job, or good credit to buy. You just have to know how to do it. The good news is, I can show you how!
Am I required to use a conventional lender to buy real estate?
Not at all. In fact, more sales are made by bypassing the conventional lenders than are made through them. I’ll tell you how.
I heard about a buyer who got paid when buying real estate. That can’t be true or even legal?
In fact, buyers can buy for no-money-down and walk out of the closing with cash. One of my students made $3.5 million in 45 days buying for no-money-down. My course teaches you how.
I live in a small town. I’m pretty much out of luck with real estate investing, right?
I have one student, who has nearly $200,000 positive cash flow in a town of 12,000 people. He buys using none of his money and gets paid every time he buys.
Don’t I have to be licensed to buy and sell real estate?
No, you don’t need to be licensed. In fact, many times a license is a hindrance.
What if an agent doesn’t want to submit my offer? That’s their choice, right?
By law, agents must submit every offer regardless of what it is. If they don’t, you can report them to the real estate commission and have their licenses suspended or revoked.
Can a foreclosure be stopped? Everyone loses all in that situation, right?
You can stop a foreclosure and, in some cases, even prevent the lender from foreclosing. And, yes, in a conventional foreclosure, there are no real winners. However, it is possible to eliminate all foreclosures and at the same time ensure both the lender and the borrower of no loss. In my teaching materials, I explain how.
What if I'm too young, too old, not smart enough, not educated enough, etc. to do real estate investing?
Age and education make little difference. If you have the proper desire and belief, you can do it. I’ve helped 14 and 80 year-olds buy real estate using none of their money and not having to qualify for a conventional loan. All you need is common sense.
How can I be sure that this is not a ripoff or a scam?
Great question. What you should look for is longevity in the business and results. You’ll see a lot of fly-by-night scam companies that take people’s money, shut down, re-open, and keep repeating that cycle. I have spent decades in the public eye, and you know who I am as a person, rather than some shadowy, short-lived company run by anonymous people whose only goal is to rip you off.
Is what I read about you true?
You may have seen an online newspaper article from the 1980s that hailed my “downfall” as an “investment guru.” I had dealings with a business partner go bad, and my finances declined. It was an important lesson for me, though, that I learned that I could rebuild my wealth with the same tools that made me wealthy to begin with. I came back stronger than ever, but that didn’t make the news, because it’s cynicism and pessimism that sells newspapers. If you yourself are starting with little or nothing, I understand your situation and have the tools to make it better. The principles I teach are solid, and they work for people who make an honest effort.