All Forum Posts by: Dory Peters

Although I haven't attended Jeff Schnitter's bootcamp, I have attended one of his 3-day seminars. And I can speak from my own experience about EWI.

I believe that Jeff Schnitter knows what he's talking about, and I've been able to verify every principle that he taught in class independently through multiple sources--online and otherwise.

Matt and Will are correct that Robert Allen has a system of presenting information in increasing specificity, and Robert Allen is upfront about it--he even explains the concept (aka the information funnel) in his book "Multiple Streams of Income". McDonald's charges for feeding our stomaches, and RA charges for feeding our minds. McDonald's charges more for bigger burgers, and RA charges more for "bigger portions" too. Although I admit I'm not too excited about that, I do understand the logic.

For the sake of disclosure, I also know of others who had bad experiences with EWI classes/material. In all of the cases that I know of personally, the people with the bad experiences didn't apply what they learned, and most of them gave up before they even tried to make an offer. Hand holding only goes so far. The only way to make money is this--or any other business--is to go out and do the work, and real-estate investing is serious business.

For me, this site is the rarest of gems, because it's the first place I've encountered where knowledgeable and experienced investors are willing to share some details without their hands out. (Not to be all sappy.)

I haven't taken his Internet Marketing bootcamp, but I did attend his "Unleash the Beast" webinar a few weeks ago. Several of his techniques sound pretty interesting, and I might like to check out his bootcamp sometime later, but time for the upcoming one doesn't work for me.

Besides, there are several sites where one may obtain some decent content on various Internet marketing strategies. One site that comes to mind is http://www.internet-based-business-mastery.com/.

Joshua, if you'd like I could forward you an e-mail contact information for the person who set up the aforementioned webinar. I also took a few screenshots of some of the slides presented during his talk, and I could send you one with some pricing info.

Why not add a clause that addresses how to handle the EMD to your LOI and/or PSA?

For a change, I'll avoid taking a bite of the political red-herring. :)

BTW, Moe, I find your approach to be interesting too, but I strongly prefer to submit a written offer first. Some sellers get extremely angry and combative when they receive a correctly priced (but low in their opinion) offer, and I want to avoid that initial reaction. Besides, I won't "defend" my offer, but I have no problems answering any questions about it.

I didn't know about vTiger before, and didn't like or couldn't use a lot of what's out there (for non-Windows platforms), so I began to cobble my own stuff for my own needs. I guess it never dawned on me that others might also be looking for this kind of stuff; I assumed (perhaps incorrectly) that everyone was using something.

An agent posted something similar on Trulia a few days ago too.

Please keep in mind that I'm not an attorney.

Actually, that might not be entirely accurate everywhere. TX has laws in place that handles lease-options somewhat differently. Also, the seller/buyer (or creator of the sandwich lease-option) could cloud the title by recording his/her option to buy the property. Although the cloud on the title won't guarantee that the bankruptcy judge will rule in favor of the seller/buyer, the cloud at least guarantees the seller/buyer a spot in line with the other creditors. Of course, the bankruptcy judge will always have the final say.

Similarly, in the case of a subject-to mortgage, the buyer should record the purchase and sale agreement. Yet, this case differs slightly with the previous one due to the conveyance of title, and some lawyers will argue (when hired) that the recorded agreement and conveyance of title puts the buyer into a MUCH stronger position. Nevertheless, anything can happen in bankruptcy court, because the bankruptcy judge always has the final say--and have the authority to modify the provisions of or cancel any contract.