Dean Graziosi Blog Video 11

Dean Graziosi argues the 2008 financial crisis is a wealth-building opportunity for individuals. He assigns viewers to find 25 houses listed 90+ days, submit offers 20-50% below asking, and stop reading economic news. His books and website have more strategies on wholesaling and assignment deals.
Questions this video answers
"I think they're losing $3 billion a month." (statement by speaker)
Chapters
Hi, this is Dean Graziosi and welcome to our first weekly video blog post. You know, I feel really guilty that I don't get the opportunity to spend as much time@deengraziosi.com as I'd like. And first of all, before I go any further, I want to say thank you so much for so many of you that go to dean graziosi.com and share wisdom and inspiration and stories and secrets and techniques to inspire others and help others achieve their goals. You know, so many people@Dean Graziosi.com have just gotten my book or just went there and are just on the cusp of saying, hey, is real estate really for me? And all the posts you do and all the help you guys provide, helping each other has made so many people step up and become accomplished and successful in real estate. You can't imagine how many thousands of emails we get of people saying that a site like this, a site like Dean Graziosi.com or the Dean Graziosi blog or, or this new series that we're doing is helping them get the inspiration, the confidence and the direction to go to the next level. Today I want to address a couple of things. First of all, I'm sitting here. Yesterday was my 40th birthday. I'm not saying that looking for a pat on the back. I'm saying that because sometimes you hit a certain age and you look back and you reflect on what allowed you to be successful or what path may you have taken that would have led you in the wrong direction. And I have to say, here's what we're going to do. This is my first blog. There's no scripts, there's nothing pre planned. I want to give you the inspiration to take action, all the wisdom you need. This is my book, Be a Real Estate Millionaire. A lot of you or most of you watching this right now have this book. I'm currently working on, my new book that's called Profit from Real Estate Right now. It's the strategies on how to profit in today's down market without using any of your own money. I'll be done with it very soon. And of course all of you are going to get a great opportunity, a huge discount to get it. But that's not why I'm here today. I'm here today to talk about what's going on in the world around us. And that's the topic I want to address today. You know, this week alone, they're talking about General Motors, Chrysler, Ford, looking for a bailout. If not General Motors looks like it will be out of business in months. Now, whether you're for a government bailout of something like that or not, you could debate it either way. You know, is General Motors so upside down, I think they're losing $3 billion a month. Whatever money the government gives them, can it really get them back on track? Or on the other side, so many poor people are going to lose their jobs if General Motors goes out of business? It's a debate that you could, you could push on both sides of the fence. I'm not qualified to give the answer. I don't know the details of where General Motors really is or any of the other, you know, all three big car companies. But what I do know is that the news is so horrific right now. We all worried about what president was going to be elected. Now we have Obama. Whether you're a Democrat or Republic, it really doesn't matter. The truth of the matter is, at the end of the day, the bailouts that are going on, whether, you know, we did the financial industry, are we going to do the car industry? If you're a Democrat or Republican, you're worried if Obama can really do the job or does he have the strategy you liked in the beginning? Really, at the end of the day, none of that is going to make a difference in your life. So today, what I want to tell you is focus on you and your family. Right now is a really scary time in America. People are paralyzed with fear, wondering what to do. Well, the thing is, being paralyzed will do nothing for you and your family. And I want to tell you that this downturn of the market, this economic hardship that we're facing, has truly created the greatest window that's ever existed for you, the average person, to get your family affairs in order and prosper for you and your family in real estate. I truly don't know anything else. Again, I'm sitting here, I might be getting a little long winded, and I apologize, I. But I don't know anything else in America that can allow you to make money like real estate can. So what I want you to do this week, here's an assignment for this week. And I sent an email out like this a little while ago, so maybe you read that one. Go on a news diet just for a week. Try it a week at a time. Turn off CNBC or Fox News or whatever station you watch. Stop getting the newspaper, stop reading into what's going on around us. Because the truth of the matter is, it is scary. But the other part of that is you getting sucked into what's going on around you in this horrific economic times can't do anything but help paralyze you and stop you from taking action with something that can affect your family's life and your life in a positive way. Real estate. If it's not real estate, do something. But I truly don't think there's anything right now that's more open for you to make money than real estate. So for the next week, how about shutting the TV off, stop reading the news, stop talking to your friends and family about politics or about the bailouts or how bad the United States is or how good or bad you think the new president is going to do, and start focusing on you. Here's the assignment this week. If you haven't read my book in a while, go back and revisit it. If you want help, you know, you can always call our real estate success line and see if you qualify to work with one of our coaches. But here's what I'd really like you to do this week. Go out and find a Realtor that's hungry. There's so many real estate agents right now that were doing great a couple years ago and. And now they're sitting twiddling their thumbs because they have no business. Find an aggressive real estate agent and tell them that you want to make offers on 25 houses. This is crazy. There's a lot to do, but I want you to see something. If this does nothing more than spark you to see, this is the time to make money. I want you to find an agent. Tell them that you want to make offers on 25 different houses. Set a price. Ask them. Here's what we do. Write this down. Hopefully. I want you to ask this real estate agent. I want you to ask them what house price range is selling more than anything else. They're all selling less. But which price range is selling and in what area that's within 15 or 20 miles from you. So I want you to find an area that's selling and a price range that's selling. Then I want you to have your agent, your real estate agent do this. Find 25 deals in that area, in that price range that have been on the market for 90 days or more. I want you to take those 25 properties and I want you to tell her or him, sight unseen, to offer between 25 and 50% less than the asking price and do either a verbal or an email. Let them do it. Let them do all the work. A verbal or email offer to all 25 of those deals at between 20 and 50% off. And my gut says that at least one or two of them are going to come back and accept your offer. Folks, if you can get a house for 25 to 50% off in any market, we're at the bottom right now. So basically the market was here. It's here right now. If you get something at 25 to 50% off, you're finding it down here. If you get somebody to say yes, well, I bet my life you're going to find the money to buy that property or just hand that deal off to somebody else and make some money in the middle. Now on dean graziosi.com There's a lot of talk about assignments that Matt Larson, one of our top students, is making a fortune by doing that exact strategy, finding the deal at a big discount, locking it up, and then just passing it off to another investor or home buyer that wants to give him 5, 10, 20 grand for finding that amazing deal. So I can't teach everything on this video, but I can get you inspired to get out there and take action. The new president Barack Obama, love him or hate him, is not going to put money in your bank account. The bailouts that are helping, maybe the car company has helped the financial industry. They're not going to bail you out. The only person that can do it is you. So take action this week. Don't be paralyzed. Get an agent. Try that strategy. I told you, when you see that you can get a house that cheap. If you have to go back to dean graziosi.com, find some wisdom and capabilities about assignments and you can see how you could pass that deal off to someone else and make some money. Now this is just one of lots of strategies that can get you and your family not only secure, but in five years from now you literally could be in a prosperity based way of living, meaning you never have to worry about money ever again. And the generations below, you can feel the same way because you took action in the greatest time in history to take money in real estate. So that's it. This is my first blog. What I'm going to start doing too is grab your questions and ideas and thoughts that I see@Dean Graziosi.com and every single week I'm going to be right here sharing those answers to those questions that you feel are important or sharing with you that the things that are allowing me and thousands of others to prosper in today's down market with real estate. Take care and you have an amazing week.










