Real Deal REInvestor Network

 My name is Danny Welsh and I'm an entrepreneur, marketing consultant and real estate investor who believes that doing for others is not only nice, but also fun, and can be a profitable habit.

I like to give my time and money to charitable efforts, big things like helping build a school and church in the Sudan, and smaller things like volunteering with Habitat for Humanity, breast cancer initiatives, training programs for kids like teaching financial management, mentoring and spending time with foster kids, etc. I give to a couple churches and believe in the power of the tithe (i.e. sowing seeds).

I love sending thank you notes that are handwritten when someone has been kind to me, and am astounded that people enjoy that little gift so much! I also send Christmas cards to more people every year, currently over 350.

And I don’t expect anything directly in return from any of these things.

But you know what? This tendency to give to others has had an amazing effect on my business career.

In fact, it’s arguable that my best business actions (and eventually, though not initially) most profitable, sprung from a desire to give for free to others.

I gave away my time for years, working for free for a number of different successful entrepreneurs in business, seminars, marketing and real estate. I helped these real estate investors, marketers and seminar leaders with marketing, copywriting, writing, research, party and event planning and promotion, information product  sales, and on and on.

The result is that today I am a successful entrepreneur with going businesses in each of these areas.

I gave away hundreds of thousands of real estate video trainings and ebooks in 2008 in "The Greatest Real Estate Giveaway" (hope you like the name!)-- and ended up selling some products and services to people afterwards who were grateful for the gift up front.

I started giving away free memberships in a social network for real estate investors years ago and that has snowballed into one of the most trafficked real estate websites in the world-- and now my partners and I can recruit new potential investors for our own real estate projects from among the members, who recognize our role as leaders for having founded the network.

I began an apprenticeship program for a couple dozen aspiring entrepreneurs, internet marketers, and real estate investors annually in 2010, and I do it for free, for a full 6 months, teaching them as much as I can about business, real estate and internet marketing-- and a number of them have gone on to partner with me in business in 2011, thus expanding my ability to make more money.

I'm not sure where the impetus came from for giving.

I just have always enjoyed the smiles and appreciation and respect from others.

Making money is a great bonus, but I’ve never made it my chief aim frankly.

There's an awful lot of "I" in every sentence in what I've written, but the great part about giving I've found that is if you make it about "THEM" the "I" will always receive.

Fact is, I love to give.

A few times I've found it difficult. And a few people simply cannot receive, so why try? Others do not deserve gifts from anyone and when you learn that you stop trying to give.
Every gift to me is more good karma.

I do not expect always to receive from those to whom I give.

I just seem to receive from somewhere, more and more the more I give, and that is enough for me.

But giving in my business dealings with others, as I've shared, has always had a positive return affect from somewhere.

It’s the “sowing  seeds” principle.

And it works, in life and in business.

I plan to give as much as I can to as many as I can for as long as I can.

Hope you too get a smile from some of my gifts.

- Danny Welsh

P.S. Real Deal Community where you can network for free with tens of thousands of investors around the world, and The Greatest Real Estate Giveaway hosted now on this website with 100+ trainings free from top experts, are two gifts to you. No strings attached.

Most of you, don’t know it, but I gave up a lot to go to this event in Orlando. As you know my birthday was July 6th. But what most of you don’t know is that it was my 50th birthday this year. As a result, my Husband (Russ) was planning a surprise party the same weekend as the Orlando event, for me. Russ had flown in my son from Vegas, and my grandson from NYC to come celebrate with us. He also coordinated the party with his brother and wife, flying in for their summer vacation, coming from Alaska. When I told Russ, that I was going to Orlando for a real estate seminar this past weekend, he was not at all supportive about it. He made several attempts at getting me to cancel my plans and stay at home for my surprise party, without giving away the secret, but failed. Finally, with all other options exhausted, he told me what he had planned for me. At that point, we had open discussions, and I had to make a choice. It was a difficult decision. I made the decision to cancel the party, and go. I figured, I could still visit with my out of town guests, when I got home; and I could always have a party next summer to celebrate my 50th outgoing year, or my 51st birthday, or heck – I could even wait 5 years and throw myself an AARP party. This was too important to my development to miss. After changing all our party plans, I found out the Directors were not going to be there. “Did I make the wrong decision?” I started to ask myself. Should we get the party back on? I could wait until August, and go to California, when all the directors will be there. I finally decided, I could no longer live with one leg over each side of the fence. It was time to DECIDE. Am I going to commit to this investing, or am I going to make excuses about not going? I decided, it was now or never - and I was going to be all in! I still had a few moments of concern and regret, but for the most part, I reconciled within myself, and I moved forward. Did I regret it? HELL NO!! Let me say that again – HELL NO!!!!! It was the one of the best things that ever happened to me. This weekend affected me so deeply, in ALL levels of my life. What happened this weekend? I fell in love this weekend!! I fell in love and had a life changing event this weekend! I fell in love with a Semi Good-Looking Guy, and a Freakin’ Puerto Rican! I fell in love with these two guys, their business, and what they stand for. Prior to this weekend, I had hopes that Rick & Danny were the “Real Deal”. . . . . But if you have any concerns like I did initially; Let me tell you - rest assured your weary minds!! There is absolutely NO need for your concerns. These guys are the “Real Deal”. They stand for integrity, hard work, joy, prosperity, and sharing their wealth and talents with others. In fact, they stand for these things so much, it just Oozes out of them! Never have I connected with mentors, teachers, or gurus in the way that I did, over this weekend. The seminar that was taught was AWESOME! The first day of the seminar, our syllabus, was a high level vision, about everything we have been working on, in our menternship. Rick & Danny taught us how essential our marketing projects are, and how it is all inter-connected. They taught us other ways to market, (things we have not done yet). But most importantly, they gave us a very clear picture of the marketing component of their business, how critical it is to all businesses, and how we can implement it in our own businesses. All the dots, were truly connected! On Sunday, we got into their commercial and financial strategies. This information was new to me, and it was very well explained to us. Now their entire business model, makes complete sense to me. I can’t wait to start investing with them, and bringing other investors to the table. Being with Rick and Danny brings out the best in you. You want to be a better marketer and investor. You want to be a better person. When you are with them, you can tell they enjoy life, and they are infectious. They have given me an incredible gift through this menternship, and this weekend’s live event. They moved me out of potential and into “Action”. They moved me out of “Wanting” and into “Doing”. If you did not get a chance to attend this weekend’s live event, then book your flight and hotel now for the next event. IF you put it off, the rates will only go up. Commit to yourself now, and ask “How can I go?” instead of “Should I go?” You owe it to yourself to experience this business, and these relationships. It is time to COMMIT to YOURSELF, and DECIDE to go NOW. You WON”T regret it!! WHAT ARE YOU WILLING TO GIVE UP, TO EXPERIENCE SUCCESS? To Rick & Danny - I love you , man!!!

i have this idea i know this site that says if i need funding for short sales they will help me out so i'm thinking if i find a buyer i can get one done for instance if i send you a home that you might like it and you give me all the info they ask for could i make money off of it or is there something esle that has to be done i'm going to send you the site to you and see if we or someone esle can make some money

I started out using the wholesaling method. I bought bandit signs which  only got  me 1 motivated seller call from and after making an offer, the seller took it to her Lawyer who convinced her to list it with someone he knows and  she could get more money.

I got another call from a local investor telling me to be careful as the city will fine me.( I live in Royal Palm Beach, Fl)

I paid to get a website built, which I have suspended now. and I signed up for Realquest that I couldn't maintain either. ( aother ding on my credit)

There is a company that is currently only is Florida, but will be expanding soon called:www. reifax.com. They have no contracts

Anyway, I payed this guy that I watched on you tube for his mentoring($350) and I subscribed to a site named. myhousedeals.com.

I started emailing all the motivated seller posts and a lady responded that she had a 2/1 and she was serious about selling.

I told my "mentor" and he told me that a 2/1 that is rented just about 960 sq. ft. did not sound like a deal and so I should walk away. I didn't feel to give up that easily. Afterall, this was my first chance to make a deal.

The property was listed for $40k, I offered $15k, they countered at $20k. I told the seller to allow me to confirm with my partner...(non existent  partner...lol...)
I was told to walk away, instead I called a local wholesaler, I was on his buyer list for about 1 year before I decided to actively pursue my own real estate career.

When I told the local investor about what I potentially had on the table he told me it was an absolutely GREAT DEAL that he would not only put the escrow deposit down on and partner with me but he would also buy it from me personally, if I do not find a buyer.

So off I went, I met the seller got the contract signed, then I met the investor, ( my new partner) at the house and took pics that he immediatly put out to his buyers.

He got a buyer for $32k and so there was a decent spread between what I got it under contract for and what the buyer was willing to pay.

::::Note To Newbies::::: When you agree to split the net proceeds from a deal ( monies left after closing costs) Make sure to be clear on what these proceeds are.
What happened to me was the investor, informed me that there were actually 2 more persons who would have to get paid out of the spread.
BREAKDOWN
In other words...
One person calls another friend who has a buyer, the person with the actuall buyer wants $2000k for their buyer and the person that knows my investor (partner) wants $1000k for the referral.

So they get $3000k from the spread, then closing costs (another key part to know)
What was left was $7200k for the both of us to split.

After the deal was done, I sent the closing docs to another seasoned investor who informed me that I paid too much in closing costs (so be aware, ask questions)
and he told me that the partnership agreement should be as follows:

$12k spread - $2000k for closing costs( double closing) = $10,000k net

We split the net of so $5000k each. My partner should pay the others $3000k from his split and I get $5000k. ( This is controversial, so feel free to share your experiences.)

Hope you didn't fall asleep, I will be writing the continuation and where I am now.

Now that they are off the streets and being trained using established federal programs and other programs already in place, we can add letting they assist in another segment of the program. I want to create a working relationship between my program and banks in the area. We can assist the community by getting good deals on foreclosed properties in good areas, not another war zone. Even if the properties need rehab, we can use veterans, including the homeless in the program, to do the rehab, thus keeping costs down and at the same time, giving another area of job training.

 

We can use the VA Home Loan to purchase the properties for the veterans, using a for profit company. This will help provide funding for the non profit company and also a good salary for the investors involved, without having to pay large amounts to the salaried employees of the non profit. I think this will show the public that the vast majority of donations go toward the outcome and not paying salaries. I think we have all see or heard about non profits where large chunks of the donations won't reach the actual goals of the organization. Personally, I won't waste my donation on those groups.

 

The benefit of this type of program is that it can be used almost anywhere since there are foreclosures in most all areas of the country. If the program is expanded to non veterans, we can implement lease options and other techniques to move the people back into society from the program. I do think however, especially at first, that we work with the veterans to get the program established and ready to be taken to other states as the need arises. I do know that some states already have homeless veteran programs, so the priority is going first where limited or no program exist!

 

Once the program is ready to be implemented, the Board of Directors would be set. The best option there would be to get people that can pay a fee to be on the board, which is a common occurrence in non profits. That fee can be either money or some other needed assistance, like advertising etc. My ideas for board members include famous people already BIG into working with the military, like Vince McMahon of the WWE, former members of the military that are or were politicians, and ranking members of other local non profit organizations that can benefit the organization to name a few. There are so many possibilities here, but none can be approached until the business plan and non profit status has been approved.

 

Tell me ideas that you have to add to this program. Be sure to join our new group and be a part of the program that we can make happen. I'm looking forward to working with YOU!

Does anyone have any experience dealing with properties in receivership? I keep finding properties in receivership in my searches, but I have no idea what I need to know to see if they would be worth going after. I have been told many times that if you go after just the easy properties you find you will have a lot of competition. Even though I don't mind competition, I feel that others have been told the same or similar things! That being said, if others find properties in receivership and know nothing or little about this, then they will probably tend to leave them alone too, thus creating a niche I would be interested in filling. The only way I can fill that niche though would be to learn about receivership and become proficient in this field. I feel the best way to do that is to ask questions and learn from any sources I can.

 

I have found apartment complexes for around $7k per unit in pretty good areas. The problem is that you have to deal with the courts for the receivership. I don't particularly have the money to be trained by an attorney for these skills, so maybe someone here knows something that can help or would be interested in working with me if we find properties that are in receivership. Please contact me if you have knowledge in this area and can share it with me. The way I look at things is in any real estate transactions everyone involved should be winning! I'm not the kind of man who is out to exploit someone in their problems. I know what that is like as it has happened to me. I'm sure we can find plenty of properties that will create enough money to help us grow far beyond our goals, unless your goal is to become the richest real estate investor on the planet or similar! That might be a bit of a problem. I can say for myself though that my goals are quite high, both from flipping for cash and passive cash flow.

 

I am eager to hear from people about receivership or any other type of niche that may interest you. In this group there are probably others needing expertise in particular areas that can benefit from the experience of the group. Make your needs known and maybe you can find what you require too!

 

Good luck to all!!!

I have been interested in buying properties of all types, commercial and residential. When the purchase of the property is done, whether it will be a buy and flip or buy and hold, I wanted to find someone with the expertise to find the funding to make as many of the properties ecologically friendly as possible! I know that each state probably has their differences for obtaining the funding to to this, but whether it be an apartment building or any other type of building that you add solar panels or such too, it will help your tenants with cheaper bills. This not only will help keep your occupancy up, but also help the environment too! This is a definite WINNING situation!

 

Does anyone here have any experience with obtaining funding for these types of upgrades? If so, was it in just one state or multiple states? How hard was the funding to obtain? Please comment on your knowledge and also whether you agree with this type of upgrade being something you would consider for your future investments. If not, why would you not think these types of upgrades would be beneficial and cost effective?

Dear Friend Who Wants More Success with Real Estate Investing:

I know your time is valuable, so I'll get right to the point as soon as I take this moment to say “congratulations”.

I say “congratulations” because if you’re anything like the millions of people each day trying to find these answers you’ve likely searched – in frustration-- quite some time to find powerful strategies to help you and your family get to the next level financially...and I understand if you’re likely unhappy with the ‘solutions’ that you’ve discovered thus far.

Everything up to this moment, though…you can put all that aside, because…

You made the right decision!

Truth to tell, though, there IS a ton of information out there about “how to invest in real estate”.

Some good.

Some bad.

Some really bad. ;)

It was always left up to the student to GUESS at which educator was going to provide good info at what time. Problem was (is) that information is expensive! If you make too many uneducated guesses you’re out of cash before you even get started or before you find the piece of the puzzle you’re looking for.

When you signed up for RealDealCommunity.com you joined a large and growing group of smart people who are looking for answers to very common financial challenges.

They say…

“I’m looking to retire faster, easier, and with more income…”

"I'd like to build wealth and be able to bless my church or favorite charity…"

“I’m looking to take control of my financial future…”

"I want to help my wife or spouse stay home and take care of the kids instead of work…"

“I’m looking to save money for a new home or child’s future education…”

“I’m looking to leverage the best educational resources because my time is valuable…”

"I want to find the freedom needed to go on vacation whenever and wherever I want…"

“I’m looking to get better returns on my investments by investing in real estate…”

“I’m looking to build wealth for my family, as certainly as possible…”

"I want there to be 'more money than month' in my family's budget—finally!"

Do you too, ask these questions of yourself?

If so, you're in the right place.

Be sure to get and stay connected to the community. Join groups. Start groups in your local area. Download all the great free resources from some of the top real estate and wealth trainers in the owrld in The Greatest Real Estate Giveaway...you can access it all in the "Download Now" section of the website here.

And we'll see you at the top!

Committed to your success,
Danny Welsh