Cold but Warm

It is definately winter here in Oregon. It is cold outside, (below freezing) but we are warm in our house with a woodstove burning brightly! Fortunately, we get to work from our home, so travel is not necessary during this cold weather, unless we want to. We are looking forward to a trip to LA and Las Vegas next month for some seminars.

How The Real Estate Auction Went On The Courthouse Steps In Corvallis & Albany OR

The auction on the courthouse steps went well. John has attended and purchased property using this method before, but it was Laura's first time to attend this type of auction. Both John and Laura learned from observing two auctions yesterday, one in Corvallis OR and the other in Albany OR. First, it was freezing cold, but that was OK, they dressed warm.
Second, none of the investors bid, they felt the properties were too expensive, so the properties went back to the bank and will likely be listed with Realtors. The investors felt they would see the properties listed for less than the opening bid at the auctions.
One of the investors told John that he attended an auction on the coast where one property was bid on for 13 hours! Yes, at one point in the auction, the investors were bidding up the bids by one dollar and it continued for 13 hours. This goes to show that a person must bring their funds in large and small amounts because they won't get change back. Bring several cashiers checks, (or cash, but that's not recommended due to the safety issues of carrying that amount of cash) and make them out in your own name. Be prepared to show the checks to the auctioneer before the auction begins, along with your identification.
It would be a good idea to attend a public auction at the courthouse steps prior to bidding so a person can get the feel for how they work. A person can find out when and where these auctions take place by looking at the legal ads in newspapers and checking websites of the trustees.

Courthouse Steps Auction

John and Laura are attending a property auction at the courthouse in Corvallis Oregon. There are properties up for auction that they are interested in, but they are still thinking that property values are going down. Their old fashion business model is "BUY LOW, SELL HIGH".

Lease Option Extenion

John and Laura just returned from Portland OR where they attended a Northwest Real Estate Investor meeting, featuring John Burley as the presenter. He was a good presenter, experienced investor and was able to keep the audience awake even late on a work day evening.
A new concept they learned was offering a buyer owner financing for a lease option and giving the buyer a 10 to 20 year option, this creates a cash flow for the seller. Apparently the buyer, if they are a first time buyer still qualifies for the $8,000 tax refund. This was very interesting, because traditionally, John and Laura have offered a one or two year lease option, but in this economy, a longer option would be beneficial.

Laura More Seriously Started Using The Profit Grabber Software To Organize Leads

Laura Holbrook seriously started inputting information in the Profit Grabber, a software by Marco Rubel. She is using lists from property that is in forclosure. She just looked at one of the properties this evening in the city of Brownsville, Oregon.
It may be a property that she and her husband John will put an offer on at the auction because of it's location and price.
Laura feels it is a property that would have an immediate cash flow as a rental.

Robert Allen Arm Twisters! Have You Experienced It? John & Laura Did Today!

Has anybody got high pressured into signing up with the Robert Allen coaching program? John and Laura Holbrook took a Persuasion IQ test offered by a free webinar and then had the follow up phone call evaluation, all in all, it was several hours of their time and in the end turned out to be a very high pressure telemarketing technique. Both John and Laura scored as total loosers according to their evaluator and wouldn't amount to anything if they didn't give Robert Allen's group about $9,000 to prove their were serious about wanting a successful life. John was asked, "Why would we (Robert Allen's group) want you as a coaching student?" John answered, "I see it more as, why would I want you as my coach?"
Laura asked, "How many is a handful of new coaching students," when the evaluator said it was such an exclusive coaching offer that only a handful of people would be choosen for it." The answer was a condesending, non-numerical answer including wondering if Laura knew how many fingers she had on her hand.
Both John and Laura felt like they would never want to do business with such a rude, arm twisting person, even though they both have developed respect for Robert Allen and much of the work he has accomplished.
Tell us about your experience with Robert Allen coaching.

John Is Interested in Buying and Selling Mobile Homes and a Mobile Home Park

John Holbrook attended a Robert Allen seminar in Portland Oregon on November 6 and 7th (he missed the last day, Sunday). He was most excited about Friday's presentation on mobile homes and mobile home parks, something he's been wanting to invest in for some time now. He will be on the look out for mobile homes that he can purchase and re-sell to a new buyer using owner financing. (John will carry the contract.) This will enable people who otherwise could not qualify for a home because of the difficulty in getting bank financing, to get into a home.
Please contact John to find out more information: 541-466-5150 or holbrookproperties@gmail.com