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Investments > Real Estate Investing - 2 > Re: Questions a...
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Re: Questions about Real Estate Riches in Maryland

by Louis Nardozi <lnardozi@[EMAIL PROTECTED] > Jun 8, 2008 at 12:55 AM

jgiambro@[EMAIL PROTECTED]
 wrote:
> On Jun 5, 6:30 pm, jgiam...@[EMAIL PROTECTED]
 wrote:
>   
>> On Apr 28, 8:36 pm, Louis Nardozi <lnard...@[EMAIL PROTECTED]
> wrote:
>>
>>     
>>> Hi Wally,
>>>       
>>> I have bought 5 properties (7 units) in the last 5 years by just
buying
>>> the first one,
>>> fixing it up to be worth more and then refinancing to get the down
>>> payment for the next one. As long as you make sure it cash flows and
>>> that you have some reserve money it is easy as pie. You'll give up a
lot
>>> of stuff like nice cars and $350 shoes but who needs that crap anyway?
>>> I'd rather have the houses. Once you get over 5, you can easily buy
>>> another every year. Go ahead man - live your dream but don't let those
>>> *****-ass wannabees make their living off of your fear.
>>>       
>>> Louis
>>>       
>>> wally wrote:
>>>       
>>>>  I am glad the process worked for you. I went to a seminar last week,
>>>> and felt that the whole presentation was rather slick and canned.
When
>>>> they waited until near the end of the seminar to mention the $9500
fee
>>>> my scam/rip-off detector screamed GET THE HELL OUT OF HERE! The RER
>>>> radio program stresses, "don't bring your checkbook-work only an hour
>>>> a day. Any reasoable person knows it can't be that easy. If the
>>>> program is workable and profitable, I feel the company is doing
>>>> themselves a great disservice by presenting it that way. Who knows,
>>>> maybe thats how they fill the seats.
>>>> When I reviewed my notes and thought about the seminar the next day,
I
>>>> realized they do seem to to have a reasonable and potentially
>>>> profitable system. It's always good to have a good team behind you
>>>> when pursuing something new. The most!!!!!!! believable part of the
>>>> entire seminar were the three guys who had completed  the program and
>>>> claimed that they were profiting from the system. They seemed like
>>>> average run of the mill guys who made the program work for them. God,
>>>> I wish now I had stayed around to talk to them.
>>>> My nagging doubts still remain. How through was the training? How
>>>> dedicated are the mentors? Do the dedicated vendors really go the
>>>> extra mile? Where does the financing come from? How much time do you
>>>> truthfully need to spend in a week to make a reasonable amount of
>>>> money? How long did it take to recoup your initial 9500$ investment?
>>>> If someone is out there who has completed the program and can answer
>>>> my questions, please do. I can't seem to get the rip-off possibility
>>>> out of my mind. I may also be looking for a potential partner in the
>>>> Philadelphia area. Any replies appreciated.
>>>>         
>>>> Thanks for listening to my rant, and have fun,
>>>> WALLY
>>>>         
>
> some time has gone by and there are no more posts on this thread, I
> find that interesting.  Has anyone on the thread actually taken the 3
> day course?
>
> Jim
>   
No one with the sense God gave a gnat. You can do it yourself, it costs 
nothing to try. Just make sure you count all your projected costs like 
mortgage, PMI if applicable, taxes,insurance, pest control if needed, 
termite control if needed, condo fees, POA fees, etc. It's actually 
quite simple if you remember to write down each and every expense EVERY 
TIME YOU MAKE AN OFFER. Don't buy unless you can cash flow renting it 
AFTER all those expenses are paid.

Louis Nardozi
P.S. If you want to send me $9000 I won't stop you... hehehe
 




 16 Posts in Topic:
Questions about Real Estate Riches in Maryland
Emerson.kn1@[EMAIL PROTEC  2008-03-09 10:21:24 
Re: Questions about Real Estate Riches in Maryland
Abraham.Brown@[EMAIL PROT  2008-03-26 19:14:32 
Re: Questions about Real Estate Riches in Maryland
Brian Caplan <brian@[E  2008-04-02 11:05:59 
Re: Questions about Real Estate Riches in Maryland
max.edamala@[EMAIL PROTEC  2008-04-04 08:09:38 
Re: Questions about Real Estate Riches in Maryland
buyadream@[EMAIL PROTECTE  2008-04-18 06:24:32 
Re: Questions about Real Estate Riches in Maryland
Louis Nardozi <lnardoz  2008-04-26 23:57:04 
Re: Questions about Real Estate Riches in Maryland
dave-kelly@[EMAIL PROTECT  2008-04-23 16:36:31 
Re: Questions about Real Estate Riches in Maryland
gccase@[EMAIL PROTECTED]   2008-04-24 12:53:39 
Re: Questions about Real Estate Riches in Maryland
wspi.LLC@[EMAIL PROTECTED  2008-04-27 04:11:15 
Re: Questions about Real Estate Riches in Maryland
wally <wmjson77@[EMAIL  2008-04-27 10:56:55 
Re: Questions about Real Estate Riches in Maryland
Louis Nardozi <lnardoz  2008-04-28 20:36:13 
Re: Questions about Real Estate Riches in Maryland
jgiambro@[EMAIL PROTECTED  2008-06-05 15:30:24 
Re: Questions about Real Estate Riches in Maryland
jgiambro@[EMAIL PROTECTED  2008-06-05 15:30:54 
Re: Questions about Real Estate Riches in Maryland
jgiambro@[EMAIL PROTECTED  2008-06-05 15:35:14 
Re: Questions about Real Estate Riches in Maryland
Louis Nardozi <lnardoz  2008-06-08 00:55:24 
Re: Questions about Real Estate Riches in Maryland
wally <wmjson77@[EMAIL  2008-06-08 12:36:57 

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tan12V112 Wed Aug 27 20:30:25 CDT 2008.