They had become friends and have worked together to promote information products for real estate investing. It goes a little bit like this. He was 17 years old and he had been taught all of his life that in order to succeed he needed to go to the university and study. His parents were trying to educate him well. However, at 17 years old Dolf became intrigued by what makes wealthy people wealthy, and began a nine month project of studying the rich to see what made them tick. So he basically ditched that project.
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They had become friends and have worked together to promote information products for real estate investing. It goes a little bit like this. He was 17 years old and he had been taught all of his life that in order to succeed he needed to go to the university and study.
His parents were trying to educate him well. However, at 17 years old Dolf became intrigued by what makes wealthy people wealthy, and began a nine month project of studying the rich to see what made them tick. So he basically ditched that project.
But he did discover 2 secrets that led to making him a fortune. The first was….. We have heard this over and over from great motivational speakers such as Tony Robbins or authors such as Dave Ramsey. These are all educators of late.
They say the same thing. You must have a high level of integrity. The other thing that he discovered was that most of the people who are rich either made or kept their assets and money in properties.
He basically said it was then that he decided he wanted to invest in real estate. He did end up going to the university and spending quite a bit of time there. He actually was able to get his PhD in electrical engineering. His parents were excited for him and hopeful for him to get a great job and make a decent living. At the time this was a great offer. I personally think this is pretty cool. Also, to have that high level of insight when he was 17 shows a marvelous brain at work.
Dolf really gets at the core of what anyone of us is trying to find out at this point. Most of us are here because we are just not satisfied with working for other people or the amount of money we can command in the workforce. We want to make a bold change. I know that is what I always wanted…Now, I have it. Every day when I get up I simply come down my stairs.
I walk into my home office and I work. There is no clock to punch, there is no boss to report too. This is what I was always dreaming of. No boss, no BS, and I can get coffee whenever I want. I can even go take a nap in the middle of the day. LOL I started my day listening to some music I like. I had some focused time of listening to some inspiration leaders, my wife took the dog to the groomers, and I sat down to get a couple of things done.
Pretty cool right? Dolf de Roos Seminar and Study Course Critique: In his seminar series he actually drives the point home by using a vivid unforgettable scenario. If I remember right, I believe Dave Ramsey did the same thing in one of his seminars. So he polls the audience after he goes through this exercise and helps them find out what held each one of them back. Many people in the audience thought it was just was too good to be true. He says this happens in real estate all the time.
At least that is what people say. Dolf explains exactly how great deals come along all the time. They are simply laced with life circumstances and depending on the situation can be a great deal even though it seems too good to be true. He has countless stories about how this happens. Maybe people are too stingy to actually hire the services of a professional realtor to properly value the property.
No matter what it is, there can be deals that seem to be too good to be true that come along all the time. Let me interject something here that I think is really important.
What Dolf is basically saying is that we need an abundance mentality. I personally forget to focus on this some times. But it is really true. There is no shortage of money or projects out there.
If you are like me that spent 30 plus years running around with some pretty screwed up records playing in your head, then it is a great idea to read publishing by guys like Dolf. Back to the seminar.
So, the audience learns a great lesson. However this really has nothing to do with real estate investing per se. The key to any success is taking massive action. This is one of Tony Robbins great claims.
I came across this great America tour YouTube video in which Dolph decided that he wanted to buy one house per week across the US so that at the end of the year they would have 52 houses.
He actually wrote a book about it. The idea behind this is that he could show his potential students how it is done and how easily this can be done no matter who you are. Here are some details, and my notes on the interview.
As always be prepared for the Good, Bad and Ugly. I think it underscores exactly what is involved to win at the real estate game and is a great case study for you when it comes to what is involved. Basically it is a story about a man named Gene.
You can listen to the audio. One of the suggestions that Dr. And at one of the seminars Gene proudly displayed his cards to Dolf from the front row. Dolf admitted that he thought he was kind of a goofy person. However, he also figured out that the guy was completely committed. Gene actually changed his whole life to become a real estate investor. At that time he believed himself to be pretty bad when it came to real estate.
After doing extensive research to try to figure out exactly what portion of the market he wanted to go after, he decided that he wanted to go after the foreclosure market. So, he decided that the foreclosure market it was. This created a pretty negative playing field for his real estate business. What Gene determined was that if he and his wife could go out and market to these people before they were in foreclosure stood a chance to create a win-win scenario. In order to do this Gene had to come up with a strategy to get to these people before they were already in foreclosure.
He said the only good thing about foreclosure is that it takes time. The lender warns the owner pretty extensively before they actually get through the foreclosure process. So, if you could get to them in the form of a letter or some kind of communication then he said there is a chance of helping them before the foreclosure process got to far down the road.
He said that in Las Vegas there are so many pre-foreclosures and people in distress that there is a constant flow of people that they can talk to.
Every couple of weeks, he put out around 40, flyers describing what he does for homeowners in Las Vegas. This created a high return for the cost of doing business. He said they closed an average of two houses every month by doing this. So I have to say hats off to Gene for abandoning it all, moving his family, and being committed to advertising his service all the time. Dolf mentioned that one of the biggest problems is that students come and learn a whole lot and they like what they hear, however they never take real action.
This seems to be a theme within the real estate investing market. People have to take serious action. I think that overall the real estate process can be intimidating, hence, all of the classes that you can take to learn how to do it and make it easier. Dolf de Roos has written many books on real estate investing.
However, I noticed in some of his teachings quite a bit of mindset coaching is available as well. For example he says that you need to become a money magnet. Many of these gurus spend a lot of time talking about mindset. I can only come to one conclusion out of two possible conclusions. The two options are: either it makes total sense and is helpful for success or it just simply sells well.
However, all of the people that I know that have become millionaires have a pretty positive mindset when it comes to money and success. They also are willing to take massive action. So I am going to go with the former. It seems to me right now that he is focused on South East Asia. He is currently at the time of his writing offering a course called Creating Wealth through Real Estate Investing. It is available for RM. I speculate that this course offers advanced courses after the initial 2 day intensive course.
Dolf de Roos: PhD to Rogue Real Estate Investor
From what I can tell, my mother-in-law purchased it for me because it was part of the Rich Dad series, and I already had "Rich Dad, Poor Dad", sitting on my bookshelf. Ah, the power of branding So far, it is an encouraging read I am just over half-way thru it. That too should be a must-read for anyone wanting to start off on the right footing financially - the simplicity of the advice is the real gem. The tone of the book is much lighter and more encouraging, whereas "More Wealth from Residential Property" is drier and more factual. Dolf sometimes overdoes it with the exclamatory sentences however.
101 WAYS TO MASSIVELY INCREASE DOLF DE ROOS PDF
You will learn how to make a positive and lasting first impression and how to improve the rental value, rentability, market value, sales price, selling time and equity of your real estate properties. About Dolf de Roos. No trivia or quizzes yet. Dhio Dwi koska rated it it was amazing May 13, I neeeeed this book! Thanks for telling us about the problem. Peter Fritz rated it it was amazing May 23, I inctease many of the ideas were pretty poor. Jim Dickson rated it it was ok Nov 09, Paperback96 pages.