All Forum Posts by: Tony Walker

Originally posted by Karen Parker:

Originally posted by Dennis Treacy:

Hello, new to this site, but not to investing.
D.C, Fawcett's system is exactly that a system. You have to sign on for the $5000 grand deal to make it work his way.
Now that may seem kind of high priced, but if you know nothing about investing and have no money to invest what is your plan B?

Your plan B is to take the time to learn the business, the way he and all other successful investors did. Trial and error.

Btw, D.C. is not a rip off, I am was but am not currently his student. I am going it on my own as I have access to big bucks for the AB transaction.

I'd like to add that I fully agree with all of the above except the part about being one of his students. With the exception of the fact that in a way, I still am. Since I live right down the road from DC I see him frequently and attend his seminars quite often. He is by no means a fraud. I started in RE investing by attending meetings at my local REI association so I knew the basics, where and how to get funding, how to spot deals etc. etc. before I ever met DC. I do not need to purchase an entire system to follow in order to repeat the process he explains. Did I ever purchase one of DC's programs? No. Do I watch his seminars and follow his system? Hell, yeah. He's good.

Karen,

In stating one has to be one of his students, I am not wrong. DC will not do a deal with you unless you are one of his students who has shelled out $5000.
He will not allow you to use his business team.

The A-B transaction is not a problem there are plenty of lenders willing to lend millions of dollars for 3 points for an hour or so. DC's system includes the use of his loss mitigation negotiator as well. I have negotiated and closed on short sales, the negotiation process is time consuming and frustrating.

DC's system is a good one, for free he will give you his letter to send to real estate agents. I would suggest to any one who is interested in working with DC to send out his real estate agent letter. See if you get a response, and see if you can get an agent to bring you a million dollar house to short. If you get a million dollar short sale offered to you then make contact with DC.

In my low-income rentals I BOLT DOWN the range. I do the same with my gas space heaters. You can use a fastener with one of those special heads not commonly found in tool sets.

thanks guys...i was hopin to do a deal before i left for basic training to prove to my mom its possible b/c ive been trying to get her in this for years i guess ill have to wait till i get back but thanks again for the info

Originally posted by Rodulfo Hernandez:

Jason,
Is it possible to get a copy of one your business plans for real estate investing or do you have any tips on writing a succesful business plan?

Shoot me a PM...I'll send you a copy of the business plan...

Most of the info is on my blog as well...

Thanks for the welcome all. You raise a good point Harrison i guess people will tend to remember that a guy named Whitney doesn't matter what they think about you, just as long as they remember you. and the market in Hawaii is pretty stable, its not as bad as some of the markets on the mainland but right now is still going through a decrease in volume of houses sold, but the median price hasnt changed much at all.