Dean Graziosi announces the launch of his new book Profit From Real Estate Right Now and a related show, contrasts it with his prior book Be a Real Estate Millionaire, and outlines a specific investing "recipe" aimed at profiting in a down market without using your own money or credit. He shares an anecdote about students (Bob and Debbie Bouchard) who bought six or seven foreclosure houses with no money down and are generating about $1,500/month cash flow from one rental, uses this to illustrate real estate’s byproducts (income, lifestyle freedom, philanthropy), and encourages viewers not to give up.
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Hey, everybody, it's Dean Graziosi. Welcome back to the weekly blog. So glad to have you back. It's been quite an eventful week for me. We launched my new book, Profit from Real Estate right now. We launched a new show, launched the book, and fortunately it's going to have tremendous success. I'm betting it will outsell Be a Real Estate Millionaire, which is still the number one best selling real estate book in America. I think Profit From Real Estate right now is going to outdo it. You know, a great analogy of someone said to me, what's the difference between the two books? Be a Real Estate Millionaire is a great book for the overview of real estate, how to understand the market you're in and how to understand the different strategies so you can match them up. Basically, if you were talking about food, Be a Real Estate Millionaire teaches you how to be a chef. Profit From Real Estate right now is a little different. It's more of one recipe. So. So it's a recipe that's a proven recipe on how to profit in today's down market using none of your own money. You don't need credit and you can find a buyer and make yourself some money in 30 days. Matt Larson. So many other students are doing it on a regular basis. We put it in a book and I truly think you're going to flip out when you get the opportunity to read it. So I'm excited. I'm jazzed. It's a lot of work to write a book. It's a lot of work to put these shows together. It's a lot of work having 4:45 real estate deals going on right now and trying to share with you things every single week that spark you to take action. Because you need the ability to take action. Because I know the information in my books and on dean graziosi.com and on our blogs and in our coaching department and our Real Estate Success Academy. I know they work. But I also know that you can get discouraged. I also know that you can try something a couple times and just think, maybe this doesn't work or maybe real estate isn't for me or maybe those other people making money on dingraziosi.com are just smarter than me or more aggressive and I just don't have it. That's not true. Don't you dare talk yourself out of the success you deserve. I want to let you know that I read so many of the blog posts on dean graziosi.com I don't have the time to post. That's why I do these weekly blogs. But I know what you're thinking. I know some of you get in there and are a little discouraged or you're frustrated for the month or the week. And I'm really proud of every single person who goes in there and supports each other. Talk about a site of people helping people. It's the most incredible thing I've ever seen. I love that we created that site. I love that it's there for you. And I hope that support takes you and allows you to reach the goals that you hope to reach and deserve to reach. You know, I was just on the phone today with Bob and Debbie Bouchard. I hope I said your last name right. They're a couple. If you see them on my new show or you see them@deansmedia.com, they're the couple that bought six or seven houses in one neighborhood at one time with no money down and actually walked away from the closing table with money in their pocket because it was a foreclosure of a whole subdivision. The bank was stuck with it. They gave it to them at an insanely low price, insanely low interest rate, and they did it with no money down. In fact, like I said, they walked away with money. They told me they rented their last one of the six or seven this week for about a fifteen hundred dollar a month cash flow. So think about this. They didn't put any money down. They got some money back. They have seven units that they bought at probably 30, 40, 50% off. I don't remember the exact number. It's going to put $1,500 a month in their pocket and then they get the ability to sell that when the market goes up in four or five years and put a significant amount of money in their pocket besides the real estate success they have. You have to realize what the byproduct of your success could be. You know, I talked to Bob and Debbie today because we're talking about the live event. They're going to be there sharing their secrets on how they made money in real estate at the live event in April. But the byproduct for them is they said that additional cash flow each month, $1,500 a month, is allowing them to do what they're passionate about. Now they're going to Honduras this week to go on a mission to help other people in need. And they said they couldn't have done that before real estate. So each and every one of you watching right now has your own thing. Do you want to just get out of debt? Do you want to just live a better life, or do you want to go on a mission, help other people? Do you want to help your family? You want to make sure your parents don't have to worry about their retirement, or your children don't have to stress about student loans, whatever it is, that's the byproduct of real estate, especially investing in today's down market. So don't you dare give up. Don't think you're the only one that can't find that right deal. And everybody else is making money but you. Because eventually, if you stick with it, you will make money in real estate. And once you do, you'll realize that you can do this for the rest of your life. Okay, that's it for this week. I hope. The blog was great. And same time, same place, right here next week. See ya.
