Real estate investing success stories!

"The Biker Who Buys Houses!"

These are actual people who have used Jim's unique systems to successfully make money in real estate.

UPDATE...........Student Closes Deal and makes BIG CASH!!

I would like to personally thank Jim for all of his guidance and support. I am living proof that Jim's methods DO work! And here's why:

We purchased a house Subject 2 back in 2002. Our 1st Tenant/Buyers moved in and stayed for a year. The wife got injured and they could no longer afford the rent. Last year, our 2nd Tenant/Buyers moved in. They got their financing and we closed today. YEAH !!

Here's how the numbers worked:

$6,000: 1st T/B's (non-refundalbe option money)
$1,200: 1st T/B's (12 month cash flow)
$6,000: 2nd T/B's (non-refundable option money)
$1,500: 2nd T/B's (12 month cash flow)
$24,000: Back-end proft

$38,700 TOTAL PROFIT !!

And we only spent around $150.00 for advertising. Now because of this new motivation, I signed a contract on another house yesterday.

Now, for those newbies who are STILL worried about the "Due on Sale" clause, here's what happened at Closing. As we were sitting there reading all of the documents, we came to the Pay-Off Letter which clearly states that the loan is in the Seller's name. So, I was waiting for the multiple questions I was going to get asked about that, but guess what? Nobody cared!! All they were concerned about was "what is the final dollar amount to pay off the loan?" That was it. It was that simple.

Now, its on to my next house. Keep the faith everybody. It will happen for you.

Jamae' Christopher, Frankfort, IL

Even other authors and teachers like Jim's materials.......

HEAR how two students watched Jim GET PAID to BUY A HOME!!

My name is Ed Buggs and this letter is to anyone considering the Jim Mitchell "Ride along Shotgun" mentoring program. I recently decided to get serious about real estate investing. I'm 48 years old and a long time professional. I bought and read a dozen books and even spent three hundred bucks on that late night guy's program.

Then, I stumbled upon REmentors dot com and Jim's program. From the way it was written, I was hooked from the beginning. I figured to ride along with a guy who is successful in this business would certainly help. Believe me, it did. I just returned to the D.C. area from Tampa, Florida and I am so much better prepared. I've been home four days now and I'm working on my first purchase.

The Ride-along with Jim is the most beneficial hands-on experience I can remember. We saw everything about the business first hand. From making and placing signs to, taking calls to, visiting sellers and we even began and closed a deal while there. It was fantastic. There I was, with only one other student, riding in this guy's car, having lunch with him and doing deals.

I listened to how he interacted with clients, making it all happen. I watched as Jim took a guy from "There's no way I'm going to give you my house and pay the notes" to "Well, I guess I could make three payments. Heck, I'm glad you came along." If I had not seen this with my own eyes, there is no way anyone could have convinced me.

I can tell you without a doubt, if you want to learn the nitty-gritty.....the down and dirty.....the ins and outs of this business first hand, the Jim Mitchell "Ride along Shotgun" mentoring program is for you. Nothing fancy, just doing the business with an open mind and asking every possible question you can have. You talk about a confidence builder. Because of my four days with Jim, I know what to expect. I know what to say, how to say it and my comfort level has been raised exponentially. Thanks to my experience with Jim Mitchell, I know it won't be long until I'm able to reach many of my real estate investing goals. If you're humble enough to be teachable, I strongly recommend this program.

Good luck everyone and Jim, I can't thank you enough,

Ed Buggs

First subject to deal, piece of cake!

If you have been studying REI, think you are ready but cannot get over that first hurdle. RUN NOW to your phone and give Jim a call! After only 2 e-mails and 2 phone calls with Jim Mitchell, I signed and CLOSED my first "Subject To" deal. I was able to use the knowledge and experience of someone who has DONE IT. Frankly, I will gain many times more than the mentoring cost me. Sometimes success has a price, however failure usually costs more.

Scott Jessen - Bradenton Florida

10 days later I had a deal

I bought a well known course, as well as other RE books here and there, and even enrolled into one of the "guru's" coaching program. I was so sure it would work, but I found no deals (at least did not know how to handle the ones I did find) and all that really worked on a routine basis was my paying for those courses every month. After approximately one year of basically wasting my time searching for deals, I signed up with Jim and they set me straight. Within a week and a half, I had a deal COME TO ME (instead of me searching to find it). It never would have happened if I did not get in touch with Jim in the first place. He walked me through the entire process of obtaining this deal from beginning to end. Definitely worth more than what I paid for.

-Richard Lemons, Palm Bay, FL

Jim told me what to say to sellers

I was at a point where I was very discouraged about the entire Real Estate Process. I talked about going into Real Estate for a long time but never did anything. I had purchased a few courses but really didn't know how to go forward. Then, my life completely changed when I contacted Jim Mitchell. Jim walked me through the process, step-by-step. He explains things in a complete and simple form so that anyone could understand. I never thought I could do it, Jim told me I could and I believed him. As a result and after only 1 month, I now control 2 properties and have the enthusiasm and courage to go out and buy more. I wouldn't have started my Real Estate career if it weren't for Jim. I highly recommend Jim's program to anyone . It is definitely worth it.

Jamae' Christopher, Frankfort, IL

DOUBLE WHAMMY!!

Editor's Note: This student posts two quick success stories on the discussion forum.......

Success #1

I just wanted to publicly thank Jim for all his help these last few weeks. I signed up for his 30 day mentoring when I was 8 months pregnant. I had studied for 5 years and was ready to just DO SOMETHING! I set my sights on Sub2 and we just closed our first deal! Jim was always there to answer questions even if he was out putting bandit signs in the ground at the time!

The deal is this:

FMV: $125-130 Loan Balance: $101K Pmts (PITI): $692 Seller paying 2 payments and leaving refrigerator. We get all that equity, about a $300 cash flow and the upfront option $$. Not a bad deal! Now I have a 1.5 week old baby and my 1st investment property!

Thanks again, Jim!

Charity Cason, Ga.

Success #2

After 5 years of study, we bought our 2nd Sub2 house last week (the 2nd in the last month!) Not as great a deal as the first, but still a good one. I don't have my exact numbers in front of me, but the payments are mid $600s (very good for my market) and the total owed is $91,000. Seller wanted at least $16,000 of their equity down the road, we agreed on $10,000. There is no assurance to the seller when/if we will cash out their loan and they know that. House is a 3/2 ranch on 1 acre. Worth about $115,000 now and up to $135,000 in the nhood. I know the comps as I am an agent in the area. She found out about me online, listed her house with me and basically begged me to buy it for 2 months before I gave in (I don't like the idea of giving money down the road, but we finally caved on it).

We are planning to LP the house out to a TB for about $950/mo, $124,900 sales price and at least $3000 down. We have a buyers list from our last house (we ended up retailing it and close next week with a $26,000 profit- we only owned the house 3 days before we sold it!)

Thanks again to Jim for giving me the courage to finally do what I knew how to do all along and was scared to!

Charity Cason, Ga.

(Editor's Note: Shortly after this Charity and her Husband Terry sold one of the above houses and collected a nice check for $26,400!!)

Way to Go Guys!!! I KNEW you could do it!

Another recent reader of the course materials offers his view, as posted on the REmentors.com discussion forum:

Jim did not ask me to write this and has no idea I was going to post this. But lemme say this...

I'm very attracted to the sub-to way of property acquisition. So much so that I already have two(2) sub-to courses on my shelf. The most expensive one was wasn't worth the amount of $Cash$ in my opinion...I probably won't even finish it...too light weight. The second one was written by a great guy and an honest investor. I would still recommend his course in a heartbeat, but I gotta recommend Jim's now too.

Now, I'm a bit on the slow side getting started in this business, but I'm not whining about that...I'll get there. When I saw Jim's deal I thought, "what do I need another course on sub-to for?" But I saw the price and looked around for some outside indications that the product was good. Also, I saw Jim over at Dan Aiuto's site and liked Jim's posts.

So, I figured for the price (50% off) it couldn't hurt too badly. Well, lemme tell you...I'm a slow reader 'cause my J.O.B. keeps me far too busy...but I'm on page 200 or so on my first read through Jim's course and I can say that there is nothing quite like it.

If you're still sitting on the fence I can say that there is no risk with this product. It really is all that it claims to be. The marketing course and forms thrown in are pure gravy. Based on the money I spent for other courses and given the quality of them...Jim's material is far and away THE best value that I've found anywhere...period.

There's a lot of role play and sample conversations (some that go for pages) so that you can really get a feel for how to sit down with a seller face-to-face. Jim goes in depth into the forms and even shows you how to fill them out line-by-line. You get a marketing primer in the main course based on a few different budgets (I can't wait to get into the full-blown marketing course).

One great thing is that the text size is printed large enough to read without being obnoxiously large (like some do to fill up more pages), and Jim's course is single spaced!! Yay! For me, it has always been harder to read double spaced materials. Plus Jim uses both sides of the paper and has narrow margins. In other words, each page is full and no size/spacing tricks were used to increase the page count. My copy shows 233 page of course + a 40 page glossary of terms. That's a very significant amount of writing.

If you're still sitting on the fence, get off and order Jim's course today!

Keith (CA)

THANK YOU JIM...you were such a help in a time of panic....

Jim, you are right...stick with one team and never deviate.

This title company had NO PROBLEM in closing this "Trust Property" Refinance. The closing agent went over all my paperwork and told me that she is putting her own property into a Trust....

We just got back from CLOSING!!! :)
And the best part, we pick up a check for $32,000

Thank you
God Bless
elisa

Wouldn't you like to email Jim your own success story? Imagine how good that will feel when you've bought and sold your first property and you head to the bank to cash the check. (Yes, you really will laugh all the way there). Then you can share your story with others so they can be motivated to ACT and GET STARTED in this business.

Email Jim your real estate success story!