Roop Rave
I continue to be highly impressed by Richard Roop and his organization. He is truly a total professional in his real estate dealings and in his encouragement of others to learn his methods and prosper by using them.
Geoffrey Daniel

Roop is highly recommended
My favorite real estate guru is Richard Roop. His training exhaustively covers every single area a real estate investor will need to succeed. Richard is straightforward, honest, accessible, down-to-earth and works hard to help his students succeed. He makes learning fun and interesting, he is an excellent teacher.
John Blythe

A Comprehensive Toolset
Richard Roop has a comprehensive set of tools; from a viable business plan to help people and yet also generate cash now and cash later. He has a comprehensive support system and teaching materials for the Inner Game as well as technical aspects of Real Estate and tools for systematizing your real estate investing. He manages to keep adding the tools I think I need….
Andrew Teutsch

Richard’s Organizational Skills
I am so impressed with Richard’s system. He thinks of every detail in helping investors to get started in business. He not only has a great operation going, but he gives so much of his material. I am so pleased to be a part of Richard’s group and am looking forward to the future with his organization. Thanks, Richard!
Danna Seale

Setting up appointments with Richard
By using the internet and genbook.com, it was sooooo easy to set up an appointment to talk to Richard Roop. And the appointment was great! Richard called right on time, we finished our business, and he was promptly off to his next appointment. Great system.
Bob Saadai

Time to fly
I’d like to thank Richard for his help working with me on the UPG, familiarizing me with the ins and outs of how it works while helping me structure an offer. I’m certainly thankful to be invited to work with Richard and the coaches as part of the Joint-Venture Program. Thanks guys.
Eric Poling

UPG software makes deal structuring so easy
Richard, thanks for creating UPG! Putting offers together is so easy now! I can change ANYTHING to make the deal work – what I want to get paid, how to make the private money work, what to offer a seller . It’s quite incredible! And you teach it well. Thanks.
Brenda G & Larry E

Structuring Offers with UPG
Richard spent a lot of time showing me how to structure offers using the UPG that he created. He worked an actual lead that I received so I was able to take the results and present the offers. I now feel confident that I can use the UPG for all of my prospects.
Laurian Edan

One on one coaching session
Richard was very patient, helpful and insightful. I definitely have a much better understanding now and will be able to prepare and make seller presentations with more confidence.
Albert N

Fantastic Deal Structuring meeting!
This meeting was excellent and tremendously valuable! Having Richard go through the steps (and his thinking) for structuring offers for our specific deal AND working the exact settings on our Ultimate Profit Generator spreadsheet was amazing. Richard explained his thinking as we went through number & scenarios, answered questions along the way, and turned it into a really collaborative effort. This was far better than we’ve done on our own and a fantastic learning experience! Thanks, Richard!
Gerry Weber

Everything needed times 10!
Richard brings it. The nuts & bolts “how-to” is just a portion – integrating life success concepts into so much of the training material – the inner game, what’s happening between the ears – is what makes the real difference.
Todd Schmidt

Jump Start Preview
I was very pleased with Richards answers to my questions. This was supposed to be a marketing call. It turned into a questioning from my behave. Richard was very supportive and relaxed in answering my questions. He made me feel very comfortable.
Jeffrey Ursaki

Real Estate Investing at its best
I have been buying real estate for 10 years. I No one has ever even come close to bringing everything and I mean everything to the table like Richard does. I have spent about $75,000 on investment classes with very little to show for it. No more. God bless Richard and everything he does for his partners.
Bill Lockwood

I texted him back and learned the deal accepted is for 7 years of seller financing with no money down and that we did the deal structuring together yesterday. He’s driving and I have to verify later but — if there is no changes to the numbers we created together than it looks like this…

Property is valued at $250,000 after $5,000 in repairs and rents for $2,195. Seller accepted $291,000 with 0% interest (principal only) payments of $1,120 a month and a balloon payment of $196,920 due in 7 years.

Deal is being funded with a $57,000 Roop provided private money first to cover $5,000 for repairs, $1,400 to reimburse postcards he mailed, PLUS $40,000 (!) in EXTRA cash at closing — and balance used for all costs to buy and hold until occupied.

The profit in the deal is $75,000 with $40,000 in cash now, plus total net positive cash flow, plus $31,700 cash later. In addition to the net cash flow, he also collects $638 each month to be set aside for projected taxes, insurance, vacancies, repairs and maintenance. My profit share is $10,000 less the refund of any coaching fees he has paid since he officially began the Joint Venture program on September 1st.

As with all JV deals, Tony won’t have one dime invested into the deal or the JV program, plus he is on his way to capture his the $15,000 bonus I offer after completing the 4th JV deal, as described in the full JV program details at www.richardroop.com/jvkit

Additional JV Program info: http://members.richardroopfreeandclear.com/2011/10/jvwelcome/

Good job Tony on presenting the offer without me and getting it sealed!

The lead came in from the postcard marketing plan and absentee owner mailing list I created for Victor. We then structured offers together using my Ultimate Profit Generator software. Then we presented the offers on a 3 way call. On the second follow up call we got an offer accepted.

This is a 6-unit complex and a couple of duplexes for a total of 9 units. Total estimated market value is $225,000 but gross rents are $3,880 so it’s worth more from an income approach.

Offer accepted is $298,000 with $20,000 down. Seller is carrying back $278,000 with monthly payments of $1,800 a month for 15 years with a balloon payment of the remaining balance due after 15 years of $45,000.

The combination of cash now at closing, net positive cash flow and cash later is $412,000. My profit share is $10,000 less refunds for monthly coaching fees paid since Victor started the program a few months ago.

All the cash needed to close the deal including extra cash pulled out at closing is being funded by private money I lined up.

The calls with the seller were recorded and are posted to the library. The link to this library is on your JV Support page.

Property is a rental house valued at $160,000 but only $1,000 a month income. Seller accepted $127,000 with $23,000 down and a seller carryback second for $104,000 with principal only payments of $230 a month then a balloon payment for $84,680 after 84 months.

Projected net profit afer all expenses is $61,400 over 7 years with: $15,000 cash now at closing, $8,800 in net positive cash flow and $37,600 in cash later in 7 years.

Deal is funded by Roop provided private money first of $48,000 (30% LTV) to cover $23,000 down to seller, $15,000 extra cash at closing, $3,000 in repairs and all other buy and hold costs.

Wei offically began the JV program in October. My profit share is $10,000 from closing. After refunds and reimbursements of marketing and coaching I’ll net $6,400 and she gets $9,600 in cash at closing — without a dime in the deal — plus cash raised for holding and repair costs, plus all the cash flow and cash later.

The call with the seller was recorded and will be posted to the library. The link to this library is on your JV Support page.

“Terry and Lance,

Mailed the Richard Roop Magic Bullet postcard to the 250 leads I bought from you… Have gotten 4 positive call-in’s (plus one lady screeching at me that she’s not going to sell her house), have gone on 2 appointments thus far, and got a call this morning, that my cash offer was accepted for one of them… Should have the contract signed by today or tomorrow…. and it’s about a net $43,000 profit deal on a 2 year lease/option… pretty good return on my $350 investment with you, huh? I’ll be stepping up my purchase a bit when you guys have the next list!”

Thx, Alan
2/21/2011

Get lists of owners of inherited properties here

Then Alan wrote me as well:

“… just wanted to let you know that I took your advice and purchased 250 inherited house leads from Terry and Lance… mailed your magic bullet postcard (through click2mail) a week ago Friday… already have gotten 4 positive seller calls (and one lady screeching at me that she has no intention of selling her house).  Have gone on 2 appointments and just had a cash offer accepted on one of them!   ARV-$145k, $10k in repairs, $85k purchase price!  THIS STUFF REALLY WORKS! It’s gonna be a FANTASTIC year!… thanks in large part to YOU and what you’ve taught me…”

Alan
2/22/2011

Dear Coach Julia,

I hit the ground running even before I left seminar.  One of my goals was to improve cash flows and I’m well on my way.

1)  I had a small commercial property that was not moving, sale after sale fell through.  It was financed by a bank and had to be paid off by Feb 3rd.  By the second day of your training it came to me.  I made a call and secured an investor, sold him 50% of the property which was enough to pay the bank off.  We closed on 1/22/10, the last day of the seminar.

Then I called a Church that wanted to buy the place on owner financing.  I increased the price and owner financed the Church with a 2 year balloon.  We closed the Church one week later on 1/29/10.  Then I created a Note for a portion of my 50% interest on the property that provided $50,000.00.  The Church pays the mortgage each month, I pay 50% of that to my partner.  The other half of the mortgage goes to me and pays the Note holder 8% interest only payments (for the $50,000.00 Note).  And I have a spread of $315.00 left each month.

Considering I was thinking I may have to give the property back to the back a week before the seminar, I LOVE YOU GUYS.

2)  Next, I secured owner financing for a property one year ago.  No payments, no interest for 60 months.  I lost my tenant buyer and put a sign up.

A Realtor brought me a cash buyer for $165,000.00 but I owed the seller $188,500.00.  Again, during the seminar it came to me!  Since the seller was receiving no payments for another 4 years I Next Day Aired them a proposal.  If they lowered the $188,500.00 to $150,000.00 I promised to create a Promissory Note (non-secured) and pay them 8% interest only on the lower $150,000.00 amount or $1,200.00 each and every month for 48 months.  They agreed and I had them sign a Reduction Of Note Balance form with instructions that instead of a payoff, they would receive payments for 4 years.  They were happy to get reliable income.

Now I get cash at closing and $150,000.00 to work with. Within 2 weeks of leaving the seminar I created $200,000.00 plus, in usable cash.  Now I am hiring an assistant to help me kick off the direct mail campaign to buy more properties.

Thank you, thank you, thank you, thank you, to Richard and all of you for helping me put pieces together.

Richard Paradis
(Actively participating in The Experiment)

For details on being part of
The Experiment II click here