Robert G. Allen - Success Stories
In my first-ever deal I acquired a $5.7 million 91 unit apartment building for $4.25 million using none of my own money. There's no way I could have done this real estate deal without Robert Allens help.
Greg Warr, New York
In my very first stock trade using one of the techniques I learned at the seminar, I made $6,000.
Pat Wyman, California
Since attending the workshop, I was able to buy two properties and sell them immediately for a $30,000 profit.
Joseph Powe, South Carolina
10 days ago we put a mail piece out using one of the Robert Allen techniques and we've received $90,000 in orders already.
Roxanne Emerich, Minnesota
We will gross over $10 million in the lifetime of our book.
Mike Litman & Jason Orman, New York
Last month I made a million dollars.
Wendy Robbins, California
In the last 2 months we have made nearly $250,000 using the Robert Allen internet techniques.
Olie Vainberg & Andrei Kossyrine, Ontario
I wanted to offer my testimonial and my sincere appreciation to the great people Robert Allen has in his organization. I am having a lot of fun and know for certain I will be financially free in the near future.
I'm 26 year old, married, and live in Waterloo, Iowa. I grew up on a farm and money was always hard to come by. In the mid 80s, my parents filed bankruptcy. Times were tough for many years. However, my parents were rich with their guidance and wisdom. There are six of us kids. My parents have only a high school degree. In three years, all six of us kids will have college degrees; three engineers, one doctor, one strength coach (Utah), and one graphic designer. Three of us graduated with masters degrees, one with a doctorate. I mention this only for the pure sake of showing the awesome benefit of mentors and people who can instill desire and motivation as my parents have, just like I'm experiencing now with the protege program. They also stressed the importance of being well balanced spiritually, physically, mentally, and socially.
I started a year and a half ago, reading various books on real estate (most of Robert Allen's), investments, and books like Seven Habits of Highly Effective People. I became a protege last August. As it stands today, I have bought four investment properties (houses) and will close on a six-plex this June. The first two houses I bought using money from a home equity loan on our house. The third and fourth house I bought with flexible financing where the owner paid my down payment with no carryback. He sold them to me at a great discount (73% of appraised value). I also got a check for $1,500 after closing, above and beyond rents and deposits. The six-plex I am currently buying with a seller carryback. It is in a great neighborhood and has been totally renovated. The seller is also giving me $2,000 in extra cash to do whatever I want with it.
In all, the last year, I will have bought $479,000 worth of property with a monthly cash flow of $1,200 after covering all expenses, debt service, projected long-term repairs, etc. Best of all, no money has left my pocket, it has only come in.
I am grateful for all the training, preparation, and coaching I've received thus far that has made this possible. I am also happy to say this is only the beginning. Besides real estate, I also have a home-based business and part of Robert Allen's Usana team. I truly see the benefit of multiple streams of residual income.
Keith Schmidt, Iowa
I am encouraged that I was able to make some sales in the first week of the challenge and now I want to improve on this success for the weeks ahead
PHYLLIS B
My Success Story is About the Month of October 2005 with my website.
I have been an internet protˇgˇ since May of 2004. My website was already established when I joined and it was time to start marketing my newsletter. It is a lot easier to put up a website than to market it and find traffic! I badly needed help.
I was tremendously blessed to have a terrific coach who helped me develop not only my newsletter and improve my website, but encouraged me to create more products to create multiple streams of income. She showed me how to maximize Google Adsense and encouraged me to make a collection of my daily letters to my subscribers into an e-Book.
It has been a long, slow, very, very challenging year and a half since I joined Robert G. Allen! If someone had told me how difficult it is to create traffic and sell products on the internet with a weight loss product, I would have laid down and said "Forget it!"
Instead, each day God blesses me with neat things to share with my subscribers, fantastic reader response from those who DO find me, encouragement from my internet coach, and unlimited resources from the teleconferences. So even though I haven't made the big, fantastic amounts of money that I thought I would (just yet!) there has been a reason to hang in there for this long.
It is just now starting to pay off financially. (On a personal level, it has been extremely rewarding from almost moment one in February of 2004, with my readers.)
With my coach's encouragement (and lots of faith!) over the summer I put together an E-book and coordinating work book. I also recorded a CD to go along with my books. The entire package is three books and a CD.
I bought an inexpensive advertisement in an entrepreneur ezine to start running October 1 to create a deadline for myself to get my products DONE and ready to sell! It worked.
By October 3rd, I was ready to sell to my own list. I did very well -- netting nearly $1,000 in sales to my own subscribers. I am making $50-$100 per month with Google Adsense.
Now it is November. I have set up my package so that others can join my affiliate program and earn 50% on my products. I am very excited about this!
Also for November/December: Last Christmas I wrote an e-Book that included weight loss Christmas Carols. Over the summer, I had a professional singer record them so that this year I can market the Book with the CD. I am very excited about this and know that others will want to sell this to their lists and make an affiliate profit.
Good things are ahead!
The 101-Day Challenge has come at the perfect time for me!
I have been an internet protˇgˇ since May of 2004. My website was already established when I joined and it was time to start marketing my newsletter. It is a lot easier to put up a website than to market it and find traffic! I badly needed help.
I was tremendously blessed to have a terrific coach who helped me develop not only my newsletter and improve my website, but encouraged me to create more products to create multiple streams of income. She showed me how to maximize Google Adsense and encouraged me to make a collection of my daily letters to my subscribers into an e-Book.
It has been a long, slow, very, very challenging year and a half since I joined Robert G. Allen! If someone had told me how difficult it is to create traffic and sell products on the internet with a weight loss product, I would have laid down and said "Forget it!"
Instead, each day God blesses me with neat things to share with my subscribers, fantastic reader response from those who DO find me, encouragement from my internet coach, and unlimited resources from the teleconferences. So even though I haven't made the big, fantastic amounts of money that I thought I would (just yet!) there has been a reason to hang in there for this long.
It is just now starting to pay off financially. (On a personal level, it has been extremely rewarding from almost moment one in February of 2004, with my readers.)
With my coach's encouragement (and lots of faith!) over the summer I put together an E-book and coordinating work book. I also recorded a CD to go along with my books. The entire package is three books and a CD.
I bought an inexpensive advertisement in an entrepreneur ezine to start running October 1 to create a deadline for myself to get my products DONE and ready to sell! It worked.
By October 3rd, I was ready to sell to my own list. I did very well -- netting nearly $1,000 in sales to my own subscribers. I am making $50-$100 per month with Google Adsense.
Now it is November. I have set up my package so that others can join my affiliate program and earn 50% on my products. I am very excited about this!
Also for November/December: Last Christmas I wrote an e-Book that included weight loss Christmas Carols. Over the summer, I had a professional singer record them so that this year I can market the Book with the CD. I am very excited about this and know that others will want to sell this to their lists and make an affiliate profit.
Good things are ahead!
The 101-Day Challenge has come at the perfect time for me!
Carolyn A
Well, I'm just getting out of the chute, so to speak. My first week of the 90-day challenge, I made some phone calls to some realtors and filled out some profiles for a few properties in Arizona and also in Nevada; however, after doing my due diligence, I decided that I didn't want to pursue any of them. I think I'll concentrate more on my hometown of Sacramento area and then branch out.
For me, just making the phone calls to fill out the property profiles was a milestone. It truly wasn't bad at all. So my mini success was overcoming the fear of picking up the telephone and talking to people. I can hardly wait to make my first offer!
For me, just making the phone calls to fill out the property profiles was a milestone. It truly wasn't bad at all. So my mini success was overcoming the fear of picking up the telephone and talking to people. I can hardly wait to make my first offer!
Natalie P & Nancee N
Two months into the program, I have seen many properties, made various offers and finally after two months of my 90-day challenge I have made my first purchase of a beautiful home in Orlando Florida. I am very happy with the results of my commitment. I am also due to close on a second property on October 29. That is four days before the end of my 90-day challenge. I have sent two checks for deposits and two checks for appraisals on my third and fourth properties (offers were accepted, mortgage in process). I'm also waiting on offers made on a fifth and a sixth properties which don't seem to want to go through, the real-estate agent is making things difficult on these ones, I might let these go. All this in less then 90 days.
Thank you EMI, thank you PMG, and thank you to my mentor Rand Jones, without your help it would not have happened. Thank you!
Thank you EMI, thank you PMG, and thank you to my mentor Rand Jones, without your help it would not have happened. Thank you!
Marcos R & Romelia C
On October 4, 2004, we marked the first day of the 90-Day challenge by closing on our first investment property, a condominium in Palm Springs that we plan to rent out as a furnished vacation property. We have instant equity of $15,000 to $20,000 and got $7,206.26 back at closing! We have already lined up renters for February and March, and have a possible renter for the month of January, and we haven't even advertised yet!
Germaine H & Pierre
I went through the courses with Dr. Cooper, and have had a ball paper trading (so far) using the TTC template that is taught in class. I am hoping to do well in the 90-day stock market challenge as well (although just on paper to start).
I can see the idea behind the concept of paper trading, and I am hopeful that with enough practice I'll be comfortable using "green presidents" in the future.
I'm planning on going back and listening to the classes again on MP3 (a great way to learn on a long commute) and continue to reinforce the concepts (and work on exit strategies, which I'm still a little weak on).
Also--the "Online Option" website is wonderful, especially the "War Room" (BBS style message system). This is quite helpful where people can share their wisdom and experience with others.
I can see the idea behind the concept of paper trading, and I am hopeful that with enough practice I'll be comfortable using "green presidents" in the future.
I'm planning on going back and listening to the classes again on MP3 (a great way to learn on a long commute) and continue to reinforce the concepts (and work on exit strategies, which I'm still a little weak on).
Also--the "Online Option" website is wonderful, especially the "War Room" (BBS style message system). This is quite helpful where people can share their wisdom and experience with others.
Dan G & Kathleen B
I put a deposit of $2500 on a condo in a local resort town. It is a non-binding agreement and I have time to change my mind. My goal is to be able to assign this once I officially tie it up, (GREAT OCEAN VIEWS AND GOOD DEAL). The owners are converting a hotel to condos and I got to speak to one of them. He says the contract will read that they are not assignable UNLESS APPROVED BY THE SELLERS. He says he does not want to be held up at the settlement table with an assignee who can't perform. I understand his concern and intend to provide an assignee with proof of funds and/or pre-approval. My real estate attorney will be typing something up in reference to this shortly. I hope they assign for 1-2 thousand. If they still do not want me to assign I will get my $2500 back! I love this non-binding agreement thing!
I AM SO EXCITED! I don't know if I would have even done this if not for the challenge! :)
I AM SO EXCITED! I don't know if I would have even done this if not for the challenge! :)
Lerena M
Since the first day of this second 90 Day Challenge I have been blessed to be able to purchase seven properties so far and have only paid down payments on two of them. The other five have been no money down deals. I have over $77,000 in equity by buying most of them under Fair Market Value. I have ten more properties under contract that are set to close in the next two months. All I have left is to find ways to fund them and I'll be just about out of the rat race. Though scared to death, being a Protˇgˇ in the Enlightened Millionaire Institute has given me the guts to go for it. I now know that anyone who truly desires to succeed in real estate can do so.
Rick M & Alan B
I am in the 90-day challenge. This week I have contacted the courthouse and local utility company about three vacant houses. I have requested "change of address" information from the Post Office and I'm waiting to receive an answer. I also checked with a realtor and now have the list for tonight's call (0 to $50,000) or lowest price point.
I also made the decision to attend "The Millionaire Mind intensive" in California and made the necessary arrangements: airline tickets, hotel reservations, and someone to stay with my son. That may not sound like much but I am terrified of traveling across this country and attending this seminar by myself. I just keep saying 'one step at a time.'
I also made the decision to attend "The Millionaire Mind intensive" in California and made the necessary arrangements: airline tickets, hotel reservations, and someone to stay with my son. That may not sound like much but I am terrified of traveling across this country and attending this seminar by myself. I just keep saying 'one step at a time.'
cathy w
Today I finally mustered up the courage to make a written offer on a property! I've been able to call sellers on the phone, but I've not been able to take the step of actually making a creative offer until today for fear of the seller's reaction. For the 90-Day Challenge I needed to ACT!
After my initial phone call to a FSBO ad in the paper the seller did not generate enough interest in their house so they decided to list it with a real estate agent. I had already found out the seller's plans were to retire and move to Phoenix. They owned their house worth approximately $275,000 free and clear.
I didn't do a very good job explaining what I meant by selling on terms when I talked to the seller originally and had just decided to let this one go by. Later I decided I just needed to "test the waters" by making an offer. By this time I had to go through a realtor and for some reason I just imagined the worst, but was committed to taking action and making a written offer.
I set up an appointment to view the house through the realtor and in preparation I wrote out a letter stating what I would be willing to offer. I laid out two scenarios:
1) Purchase price of $220k all cash in 60 days.
2) Purchase price of $280,000 with $5,000 down and $500 a month for 10 years with remaining $215,000 due in 10 years.
I was nervous entering the house. After introducing myself to the realtor I asked if the seller had told her that I was looking at the house as an investment. She said "No, but would you like to take the tour of the house first." I accepted and after looking at this immaculate house I told the realtor I had written up what I would be willing to offer on the house. After looking over my offer she said they had already received a higher offer than my option 1, and the seller thought it too low. She said Option 2 or some variation may work.
In any case, I was glad to conquer my fear of making an offer for fear of looking foolish or offending someone! I'm confident my next offers will continue to become easier and easier.
After my initial phone call to a FSBO ad in the paper the seller did not generate enough interest in their house so they decided to list it with a real estate agent. I had already found out the seller's plans were to retire and move to Phoenix. They owned their house worth approximately $275,000 free and clear.
I didn't do a very good job explaining what I meant by selling on terms when I talked to the seller originally and had just decided to let this one go by. Later I decided I just needed to "test the waters" by making an offer. By this time I had to go through a realtor and for some reason I just imagined the worst, but was committed to taking action and making a written offer.
I set up an appointment to view the house through the realtor and in preparation I wrote out a letter stating what I would be willing to offer. I laid out two scenarios:
1) Purchase price of $220k all cash in 60 days.
2) Purchase price of $280,000 with $5,000 down and $500 a month for 10 years with remaining $215,000 due in 10 years.
I was nervous entering the house. After introducing myself to the realtor I asked if the seller had told her that I was looking at the house as an investment. She said "No, but would you like to take the tour of the house first." I accepted and after looking at this immaculate house I told the realtor I had written up what I would be willing to offer on the house. After looking over my offer she said they had already received a higher offer than my option 1, and the seller thought it too low. She said Option 2 or some variation may work.
In any case, I was glad to conquer my fear of making an offer for fear of looking foolish or offending someone! I'm confident my next offers will continue to become easier and easier.
Mark F & Dana F
After attending Creating Wealth with Real Estate Training Program, my husband and I decided to participate in the 90-day Challenge. Within the first few weeks, we bought five single-family homes using the equity line and money that came from the refinancing of our couple of rentals. Four escrows have already been closed. The fifth house is under construction. We made over $400,000 in profit.
I am a RE Broker-Associate and found most of the houses from the MLS. As an exit strategy, our original plan was to sell those homes with lease option. The ad placed in a local newspaper got a great response. However, pretty soon another idea came: keep new purchases as investment properties... Why not? Just during the escrow period, the homes in our area appreciated 5 to 10 percent. After the loans are seasoned, we will refi them and pull out extra cash.
Thanks to Robert Allen and Tom Painters' 90-day challenge and their encouragement, my husband and I became equity millionaires. It is not a financial freedom yet, but it is the way to our financial independence. For some people it might not be much, but take this into consideration - our family came to the US from Ukraine 13 years ago with $80 in our pocket; we didn't speak English; had no friends or relatives. Therefore, what we have now is a real blessing.
I am a RE Broker-Associate and found most of the houses from the MLS. As an exit strategy, our original plan was to sell those homes with lease option. The ad placed in a local newspaper got a great response. However, pretty soon another idea came: keep new purchases as investment properties... Why not? Just during the escrow period, the homes in our area appreciated 5 to 10 percent. After the loans are seasoned, we will refi them and pull out extra cash.
Thanks to Robert Allen and Tom Painters' 90-day challenge and their encouragement, my husband and I became equity millionaires. It is not a financial freedom yet, but it is the way to our financial independence. For some people it might not be much, but take this into consideration - our family came to the US from Ukraine 13 years ago with $80 in our pocket; we didn't speak English; had no friends or relatives. Therefore, what we have now is a real blessing.
Svetlana T & Aleksandr T
Determined to become financially independant I hit this challenge with everything I've got. In less than 2 weeks I have inspected 20 properties and submitted 10 proposals - ALL no money down. One that I never expected to accept has verbally agreed to my no money down offer. Two homes on lot 1 is 5 bedroom the other 2 bedroom. An investor liquidating his assets, I offered 5% amortized over 30 years balloon pay off in 5 years. That will give me enough equity to refinance.
My profit is $439 per month. I can't wait to sign the papers.
My profit is $439 per month. I can't wait to sign the papers.
Colleen B
In October 2003, using the knowledge I obtained from studying Robert Allens" Nothing Down techniques and being part of his protˇgˇ program as well as attending weekly Real Estate classes, I made two offers on two different properties. One was a For Sale by Owner (FSBO) and the other was a real estate owned (REO) property. On Monday night, I had an accepted offer by the FSBO and by Tuesday night I had successfully bid on the REO property. By Wednesday morning, details negotiated through my real estate buyers" agent and the bank were determined to be mis-communicated, and I was able through a clause in the contract to back out of the deal. By Thursday afternoon, I obtained additional information regarding the FSBO and determined I had misestimated the equity in the house, and through another clause in the FSBO contract, I was able to terminate the contract.
Although I did not end up in a position to purchase either property, I was extremely happy to have had the knowledge to know how to write the "subject clauses" in each contract addendum and be able to terminate the contract, thus saving myself thousands of dollars. Thank-you Robert Allen and the protˇgˇ program, specifically Karen and Duncan for all their support and guidance via the support sessions!
Also, in October I began the Millionaire Hall of Fame 90-day challenge, and have been extremely thrilled with all the progress I've made. If all goes well, I will be closing on my first "enlightened" house purchase shortly after the 90-day challenge ends ... the deal is in the works. One thing I do know is my life will never be the same since I began my journey on being an enlightened real estate investor and future millionaire.
Although I did not end up in a position to purchase either property, I was extremely happy to have had the knowledge to know how to write the "subject clauses" in each contract addendum and be able to terminate the contract, thus saving myself thousands of dollars. Thank-you Robert Allen and the protˇgˇ program, specifically Karen and Duncan for all their support and guidance via the support sessions!
Also, in October I began the Millionaire Hall of Fame 90-day challenge, and have been extremely thrilled with all the progress I've made. If all goes well, I will be closing on my first "enlightened" house purchase shortly after the 90-day challenge ends ... the deal is in the works. One thing I do know is my life will never be the same since I began my journey on being an enlightened real estate investor and future millionaire.
Deb M
I have gained valuable insight, attitude adjustment, and information from the protege program. I'm currently in the 90-day challenge, which adds motivation to take lots of action. I studied the real estate market, and found a property I felt was a good deal. It was FSBO. I made an offer and it was accepted.
Thanks, Bob, Mark and everyone in the program for my enlightenment!
Thanks, Bob, Mark and everyone in the program for my enlightenment!
Suzanne L
I began as a Protege in the second week of February. I started into the 90 day challenge 3 weeks late but even I have a hard time believing how far weve come. We still have yet to close escrow on our first property, but heres where we are. We have one currently in escrow and it is schedueled to close in less than two weeks. We have another going into escrow on Monday and two more going into escrow this coming week. Then, we still have two more outstanding offers. Yahoo!
Fargo W & Ceci & Cesar G
I am a 19 year old student at Florida State University. I have been using Dr. Coopers system for trading stocks and options during this 90 day stock challenge. Thanks to the system I have been able to more than double my entire stock portfolio in under 90 days. I am so excited to continue using this system and gainng even greater profits. Thank you EMI and thanks Dr. C.
ryan c
We signed up for 90 day real estate challenge. We enjoy looking at real estate and have always wanted to see if we could really make a living from buying and selling it. We are taking this challenge to catapult us into being do-ers instead of dreamers. As I see it, our challenge will be in finding a good deal here locally. Elko has only 22,000 people and the news paper only has a few pages of for sale adds. Even with this we are looking now at 3 properties that have potential.
Jeanette H & Daniel H
When leaders at EMI have said, "I closed that deal in a week" I was always a little suspicious BUT NOT ANY MORE... The 90 day challenge has made me realize that anything is possible when you set a time frame for yourself. We found a house and will close on it FRIDAY! THANKS for the encouragement and inspiration Tom & Mark!
D B & F B
In August 2004, I found out that I had lost 30% of my vocal chords and also had severe acid reflux and I had to cut out a considerable amount of my diet. On the same day, Kurt Mortensen was doing his 60 and 90 day success challenges. I decided to do a 60 day challenge to improve my health. I designed a program with the approval of my doctor and in 60 days followed it exactly and improved my digestion AND LOST 7 POUNDS. I also put it up on my website so now many people are taking the challenge and have friends doing the same.
Heshie S
Just getting going. We have picked the Stock Market Mountain as our first target. We are paper trading in the 90 day stock challenge. Our first trade was up more than 75% in the first week - Amazing!
Robert M & Aleia O
I wanted to start real estate investing and then I heard about 90 day challenge. Due to family reasons I discontinue the challenge before writing my first offer. In second 90 day challenge also I discontinued before writing my first offer.
When the third 90 day challenge started on June 14th 2004 I was charged up. In the very first week I found 11 properties in my city which required rehab. I talked with all 11 owners and visited 7 properties because I thought they were motivated.
Before visiting the property I would find the comps for that property and find out the repair cost by listing everything that needs repair. I wanted at least 20,000 profit by rehabbing the properties. If there was enough profit I will write the offer. That way I wrote 3 offers in my first week. Writing my first offer was the biggest hurdle. Good news was 2 out of 3 offers were accepted.
When the third 90 day challenge started on June 14th 2004 I was charged up. In the very first week I found 11 properties in my city which required rehab. I talked with all 11 owners and visited 7 properties because I thought they were motivated.
Before visiting the property I would find the comps for that property and find out the repair cost by listing everything that needs repair. I wanted at least 20,000 profit by rehabbing the properties. If there was enough profit I will write the offer. That way I wrote 3 offers in my first week. Writing my first offer was the biggest hurdle. Good news was 2 out of 3 offers were accepted.
Junaid M
We made 8 offers on residential single family homes. We are enrolled in the 90 Day Challenge and hope to buy a property soon.
Nat D S & Ruby
We made our first 90 day challenge offer today on a 2 family ask price of $279,900 and valued at $340k.
Alexandra A & Yves S
We finally hooked up with a realtor who would give us a mos listing of low priced properties in our area per lesson one of the 90 day challenge.
We have products to offer but do not yet have a website.
We have not started on the stock market yet but we are listening to the tapes.
We do have a plan for selling the products we are creating and checking the trademark/copyright information.
We have products to offer but do not yet have a website.
We have not started on the stock market yet but we are listening to the tapes.
We do have a plan for selling the products we are creating and checking the trademark/copyright information.
Rev. Gloria S & Lois S
