Ron Legrand's Short Sale Seminar On Tape
Has anybody bought this and if so what did you get out of it? Is it worth the money? 500 bucks seems high.
I have seen ShortSalePro's primer ebook sold here but the reviews seem to portray that it is really not a good beginner book, I want something that gives me the info needed to go in and write the offers with confidence of the numbers I have calculated. I want the book to also tell me how to write the offer, forms needed, and how to come up with the numbers to submit.
Thanks for the help.
Dave
Hi Dave,
I recently stumbled upon the ron legrand website, and they actually offer a free seminar (i think). I have registered for this but I haven't attended yet.
Maybe you could go to the website and see if they are offering one in your area.
Or if you want to wait until I go next weekend... I will let you know what it was like.
Matt
Watch for the Legrand "free seminars". One time, I actually made the mistake of paying for one of these through my REIC club. They are really sale's pitches for his expensive bootcamps. It's not worth your time.
I've bought his materials used on ebay. It's a much better buy -- usually you can get it for less than $250 and you can then resale it fonline for almost what you buy it for.
Best of luck.
Thanks for your comments.
Below is ShortSalePro's private e-mail to me with his very UNPROFESSIONAL comments.
All I was asking in my original post was if anybody had info on RL short sale seminar on tape. I have asked questions about short sales info and how to start before and most of the comments are "Buy ShortSalePro's e-book" well none of the questions asked were answered and I did not want to get the same answer as before. After reading the comments left by people that have bought and read ShortSalePro's books I did not feel that it was for me.
The e-mail below from ShortSalePro to me about this was un called for and again very UNPROFESSIONAL.
ShortSalePro, Get a life and lose the chip on your sholder.
This is a message from TheShortSalePro at www.TheCreativeInvestor.com:
The private emails I've received from attornies, brokers, and those
that are actually doing short sales have been very favorable. Perhaps the
folks who post a review on TCI aren't doing shorts because they don't
have a basic grasp of real estate, are looking for a short cut, and
think that there are 'secrets' to this process.
The Primer won't blow smoke up your butt and make unrealistic promises
as most other do in an effort to sell products.
I've done a thousand or more shorts in the 20 years I've been working
this business, in fact I worked on the prototypical business model that
is used by many mortgage loan servicers today.
There are no short cuts, no magic formulas, no secret words... Shorts
take hard work, common sense, and some luck. Anybody who tells you
differently is lying for money.
However, I agree that the EBook (ShortSalePrimer) isn't all that it
could be. Is it worth $50? It will save you time, money, and share the
basics that you'll need. Might even help you from being sued by a
disgruntled Seller. If you can't benefit from the EBook, perhaps you have no
business being in this business. However, the soft cover version has
been revised, includes a handful of forms and letters, and includes an
hour of E-Support.
Both books are old school, and advocate professionalism, full
disclosure, honesty, an
integrity.
I own both products, and, in my humble opinion, they are both valuable!
.
Don' t regret having purchased either one of them...
$50 is nothing and I find it well worth it.
$500 is s.th., but I also find it well worth it...
I had no clue about short sales, listened to Ron/Kaller's CD's a bunch of times (while cooking/in the car, etc. I love CD's for picking up knowledge) and I now have a fairly clear idea how this works.
I am working on 4 right now, no final results yet.
Even the $500 are insignificant in the long run, IF YOU GO AND APPLY IT. (Ask me how I know that!)
My reality about if $500 or $5,000 is a lot of money sure changed, after doing my first deal and making 45k without touching the house (the year b4 my tax return showed 10k for the whole year - as a musician#$%^&
As long as you APPLY the stuff, in my opinion, even $5,000 is CHEAP!!
I met too many people who became wealthy applying LeGrand's concepts for it to be only fluff.
Is he a great salesman? You bet!
Is the 'free' day just a pitch for his 5k seminars? You bet!
Is he selling s.th. valuable? I believe so.
Same goes for the ShortSalePro, in my opinion.
Come on, the man gives great, free advice daily on this site, and obviously knows what he's talking about.
Respect! (No, I don't know him personally or get 50% of the $50). Seems to me the man has a life...
Falk
"I want the book to also tell me how to write the offer, forms needed, and how to come up with the numbers to submit."
I'll save you some money:
nullhow-to-write offer: no different than a regular home purchase. Use your local realtor's contract.
Forms needed: the bank will tell you exactly which forms they require. But I'll bet SSPro has some very good ideas on what else you may want to include.
How to come up with the numbers: What's the property worth after repairs? How much will repairs cost? How much will your holding costs be? How much profit do you want? Do a little math and you'll know exactly what to offer...but be prepared to defend your numbers with facts because the bank will question it.
BTW, what was "unprofessional" about SSPro's message? Don't take this wrong but it seems like you over-reacted a bit. I've found that dealing with banks on shorts requires thick skin.
davese
Pretty low blow posting a private PM. We all write our PMs in a much less formal manner than we would our posts.
Unless someone said something very insulting in their PM, I would not think it appropriate to post their PM just to try and shame them. It only reflects badly on you.
Brenda
Brenda and Kevin L.
SSP had no reason to send such a defending e-mail when my post was not directed towards him. I did not want the same answers that most people give on here when asking for advice on items (Buy from our own members, they’re great). I think we all should support the people that sell on this site by buying their items IF it suits them.
ShortSalePro should have been less in a hurry to defend and more to explain his reviews (if he so desired) in a manner that does not assume the person asking is a complete moron (and in SSP’s words “Maybe shouldn’t be in this business”). Unfortunately he took my post as a criticism and if he had read it again maybe he wouldn't have.
If my post was meant to be criticism then SSP, you would have known it and then I would have expected a reply like you gave.
If you can't take what people are saying about your book, then you probably should have Joel not post the reviews. I have not read or left any review for your products. And if you want to b^%$# at somebody for bad reviews talk to them.
I am not that new here and have never had any replies like I received from SSP when just asking a question to the group.
I am through with this thread, and will not reply to any others.
vr
David
[ Edited by davese on Date 03/08/2004 ]
David,
Your over reacting in my opinion...
If you want a hard core technical advise on your specific questions, pay for it by subscribing to a consulting service...
The primer is a fine introduction to short sales. This was the first book I bought on the subject and coupled with using his email support has given me a solid foundation on how to approach the business..
This is not a plug, its just my opinion..
Bginvestor
I am a graduate of Legrand's Millionaire Maker boot camp and it is well worth the investment. Anything you get for free you doen't really respect or get the true value out of it. I closed my first deal and made my investment back many times over. The books and tapes are invaluable. Yes, he and everyone in the seminar busines upsells adn infomercials you to death but don't buy what you won't commit to use. One can cheap out and buy bootleg copies, etc but - you get what you pay for....
Sorry folks I just cant keep my trap shut on this ... I really dont mean to add a negative post here but I would have to agree with David that the TheShortSale"pro"s private email to him was VERY unprofessional and uncalled for, and I think you had every right to reveal it.
You did not PM him so why did he feel the need to PM you, rather than post it here for all to see? Did he not want everyone to see his true colors? And why was he so defensive??
What kind of a remark is- "If you can't benefit from the EBook, perhaps you have no business being in this busin
ess."
???
David I'm assuming this is verbatim what he wrote to you and you didnt fabricate it. I'll tell you what after hearing something like this from him I will NEVER buy anything from the shortsalepro. Even though it wasn't directed towards me, if this guy has delusions of grandeur like this I certainly dont ever want to do business with him.
Besides, from what other's say about his short sale "primer" it sounds like nothing more than basic, general information you could find yourself online for FREE. Everyone knows how to use Google these days right? (here's a hint, use quotation " " marks between keyword phrases/sentences when searching with Google or Yahoo- it helps narrow down your results more accurately)
And based on several of the shortsalepro's posts here I can imagine that the primer is about as vague and open-ended AS his posts. One recent example
>>> "Posted: 18:07 on 03-05-2004 ------
GMAC services many different types of mortgage loans for many different investors, each with their own set of servicing requirements.
So, experiences will vary, and no one experience should speak to the organization as a whole.
You could be working two, different loan scenarios within GMAC. One might be
routine, while the other mired in inconsistencies and false starts.
In general, GMAC is no better, no worse that most mortgage loan servicers. -TheShortSalePro <<<
What in the world does this mean?!?
I see these types of replies time after time from theshortsalepro. About as VAGUE as reading a horoscope from the daily paper!! He also has his own website discussion forum where he posts replies that are just as vague. For what reason? I suspect its to sell his Ebooks and not much else, but thats just MY opinion.
Funny thing is awhile back I had a similar experience to David's where a 'veteran' investor proclaiming 20+ years experience sent me a personal email to a post of mine on a message board like this, trying to answer one of my questions. Of course their reply was so vague I couldnt see why this person sent me the email OTHER than to try and sell me some 'newsletter' (the email included a bunch of links on how to purchase it) When I replied back with the same question this person got real defensive and nasty and kept telling me to just BUY the newsletter!! ha ha what a crock! ..ok i'm done with my rant
One last thing- the BEST resource for real estate education are internet discussion forums like this one right here! There are plenty of them out there if you take the time to look (although I would have to say this one seems to get the most traffic from what i've found so far)
Yes verbatim.
I am only replying to this because I do want to say that this site has (in my opinion) the best information gathered in one place I have ever seen.
Quote:
On 2004-03-09 13:59, onehundredpercent wrote:
Sorry folks I just cant keep my trap shut on this ... I really dont mean to add a negative post here but I would have to agree with David that the TheShortSale"pro"s private email to him was VERY unprofessional and uncalled for, and I think you had every right to reveal it.
You did not PM him so why did he feel the need to PM you, rather than post it here for all to see? Did he not want everyone to see his true colors? And why was he so defensive??
What kind of a remark is- "If you can't benefit from the EBook, perhaps you have no business being in this busin
ess."
???
David I'm assuming this is verbatim what he wrote to you and you didnt fabricate it. I'll tell you what after hearing something like this from him I will NEVER buy anything from the shortsalepro. Even though it wasn't directed towards me, if this guy has delusions of grandeur like this I certainly dont ever want to do business with him.
Besides, from what other's say about his short sale "primer" it sounds like nothing more than basic, general information you could find yourself online for FREE. Everyone knows how to use Google these days right? (here's a hint, use quotation " " marks between keyword phrases/sentences when searching with Google or Yahoo- it helps narrow down your results more accurately)
And based on several of the shortsalepro's posts here I can imagine that the primer is about as vague and open-ended AS his posts. One recent example
>>> "Posted: 18:07 on 03-05-2004 ------
GMAC services many different types of mortgage loans for many different investors, each with their own set of servicing requirements.
So, experiences will vary, and no one experience should speak to the organization as a whole.
You could be working two, different loan scenarios within GMAC. One might be
routine, while the other mired in inconsistencies and false starts.
In general, GMAC is no better, no worse that most mortgage loan servicers. -TheShortSalePro <<<
What in the world does this mean?!?
I see these types of replies time after time from theshortsalepro. About as VAGUE as reading a horoscope from the daily paper!! He also has his own website discussion forum where he posts replies that are just as vague. For what reason? I suspect its to sell his Ebooks and not much else, but thats just MY opinion.
Funny thing is awhile back I had a similar experience to David's where a 'veteran' investor proclaiming 20+ years experience sent me a personal email to a post of mine on a message board like this, trying to answer one of my questions. Of course their reply was so vague I couldnt see why this person sent me the email OTHER than to try and sell me some 'newsletter' (the email included a bunch of links on how to purchase it) When I replied back with the same question this person got real defensive and nasty and kept telling me to just BUY the newsletter!! ha ha what a crock! ..ok i'm done with my rant
One last thing- the BEST resource for real estate education are internet discussion forums like this one right here! There are plenty of them out there if you take the time to look (although I would have to say this one seems to get the most traffic from what i've found so far)
"ShortSalePro, Get a life and lose the chip on your sholder"
For the last 20 years, my primary professional life has been devoted to helping people (sellers/purchasers) complete their atypical realty transactions. Primarily from the Sellers' side. (I'd ask if you've read about me and the non profit organization I co-founded in the New York Times, but that might imply that I have a chip on my shoulder and I wouldn' want that...because I don't... just that I'm passionate about what I do)
To my knowledge, there are only 2 reviews for the Primer on TCI. Neither speaks to ASSP being inadequate or not for beginners.... So, I suppose that I misunderstood when you stated what you had inferred from the reviews....
And, irrespective of it's 'profresionalism' I stand by the content of the post that you deemed to be unprofessional.
Perhaps it was misdirected. I chose not to make my reply public... and often reply via PM so as not to embarrass anyone whose level of expertise might be less than is necessary to grasp a particular concept. Or, if I dissagree with what they've writen.... especially if it concerns my posts, advice, or statements.
As to the alllegations (not yours) that my responses are vague.... these are general discussion boards. When someone posts a question, there are many variables to take into consideration before (I) can make an informed response. I believe it's unprofessional to articulate a response predicated upon incomplete information.
All too often essential elements are omitted from the inquiry, and without context , and an appreciation for the 'history' or the motivation for the inquiry.. a response could be misunderstood, and misleading.
My responses are intended to be accurate, and generally informative. For specifics... I'll need to take a history before I'll sign off on a reply.
I field more than 25 new inquiries daily, from charitable referral organizations, newspapers, individuals.... as well as serving as a resource to those on TCI.
I do the best that I can do for the most amount of people that I can.
Ron is an arrogant, probably sleazy guy, but he is one of the bettter speakers because he is very organized and sticks to the topic. He knows when people understand and it is time to move on or when he needs to give another example because there is confusion. He breaks everything down into simple examples so that you really understand the example. Of course there are many unanswered questions, but there always will be. But to get a good basic understanding of the SS process, the Ron Legrand with Jeff Kaller series is excellent.
BTW - you can buy them on ebay used.
Thank you for the info.
Quote:
On 2004-03-10 15:58, bgrossnickle wrote:
Ron is an arrogant, probably sleazy guy, but he is one of the bettter speakers because he is very organized and sticks to the topic. He knows when people understand and it is time to move on or when he needs to give another example because there is confusion. He breaks everything down into simple examples so that you really understand the example. Of course there are many unanswered questions, but there always will be. But to get a good basic understanding of the SS process, the Ron Legrand with Jeff Kaller series is excellent.
BTW - you can buy them on ebay used.
As someone who is actively working short sales, I don't find SSPro to be vague in his answers. He tells it like it is, no sugar coating to sell additional books. SSPRo has given a very clear answer as to why he cannot be as clear as some would like. Short sales are like shooting at a moving target. The rules change from bank to bank and even from loss mit rep to loss mit rep. What works today with GMAC may not work at all tomorrow.
Short sales are not the easy money that some would have you believe. SSPro is the only expert I've heard say this.
OneHundredPercent, I don't think it's fair to project your one bad "guru" experience onto other experts. I value the contribution that SSPro makes to this board. I have participated in other forums where people gave freely of their time to answer questions. Eventually somebody disagrees and beats the expert up. The experts then feel unappreciated and leave. Who can blame them either?
Personal Opinion,
I have the SSP primer and I have found it to be very informative. Wether you are a beginner or seasoned investor it is money well spent. Plus I know, wether people like his answers or not, SSP replies to messages here and gives out much free advice--not sure if you get that from a Ron LeGrand tape program.
And another note--if you were offended or upset or even had your feathers slightly ruffled by SSP's comments--please be prepared for when you get a PROFESSIONAL loss mit rep tell you they will call you back tomorrow, and never call--or how they don't return calls after leaving DAILY messages for WEEKS, or how they never got your SS package that you FED EX'd them overnight and their office signed for ETC. ETC.
God Bless
Marty[ Edited by martyohio on Date 03/14/2004 ]
davese,
Watch what you revile in forums. People get kicked out for saying what you've sad. Even if ShortSellPros's message was unprofessional, you do not suppose to say that loud in forums for other people to see. This site is positive in nature and all negative stuff that could discourage others not to buy materials, could be deleted. If you do not like that course buy another one and cheer up. It's credit card money not yours anyway. Spend it and when you hit the limit just ask for the credit line increase. The nice man at the bank with listen to your story and hopefully say yes. When he does, you smile and spend again.
And I agree with Brenda:
" Unless someone said something very insulting in their PM, I would not think it appropriate to post their PM just to try and shame them. It only reflects badly on you."
ShortSellPro has not being formal but that's how is he. if you dont like it, spend $800.00 on Jeff Kaller course and enjoy.
[ Edited by DealerJo on Date 03/14/2004 ]
I think everyone criticizing SSP needs to take a step back and think about the situation. He has given all of us absolutely tremendous expert, nonbiased, and to the point advice (FOR FREE) that has made the majority of us a nice pot of money. I don't really see anything overly insulting or offending with his PM. Just my advice.
SSP--- hope you stay around and if not, keep my email on your mailing list.
Thanks--Jim
Man.
This started out as just a freaking simple question about Legrands book . All I wanted was opinions, instead ( because I read a post about SSP's primer, and without criticizing him or his book, and just mentioning that it did not seem like a good beginners book , at least for me) I get an e-mail from SSP basically (Read between the lines folks, there big enough) saying I am a moron and shouldn't be in the business.
Now I am not thin skined at all and I can take criticism very well. And if the criticism is deserved then I have no problem with that. BUT if it is not deserved (and I don't believe it was here), I will speak up. Now, I did not do any criticizing here, I mearley posted a e-mail sent to me about a post I placed. Why would SSP not just post here for all to see?
Why did SSP get so defensive?
Believe me folks, SSP's e-mail did in no way upset me like some of the fine people here are saying. I am a person that speaks his mind, and calls out things that are not right. His e-mail was not right. Had he posted it for everyone to see, I can bet cha that this post would never have gotten this long.
FalkWillis, I agree that SSP probably gives good advice and for free, and we all appreciate that very much. Also, the more you learn (no matter how much it costs, if you get it back only once it was well worth it.
KevinIL, "BTW, what was "unprofessional" about SSPro's message?"
First this is a public board, therefore all should be informed. If you have something to say about a post then post your thought, don't go behind the boards back and deprive others of your thoughts or in this case SSP your true feelings. Your comment on overreacting? Come on Kev, who really overreacted here? Think about it.
Brenda, Brenda, Brenda,
You saying that posting a PM just to shame someone, tells me you think the e-mail post (not PM) was uncalled for as well.
And it reflects badly on me????
How? I didn't write it, nor did I do anything disrespectful or unprofessional.
BGinvestor, I am happy it works for you, really I am and I hope it makes you millions and millions. By the way I thought this site was a service site, (there are membership charges are there not? meaning everybody is asking questions, getting opinions, advice, and much much more. Why would I subscribe to a consulting service? I get most of my questions answered here and I also give advice on things I know and have done. If I give advice and somebody calls it just down right stupid or completly wrong I say ok, I dont get defensive I may ask why they think that, and talk more about it, but I would also post what ever I had to say here on the board.
Don't take this the wrong way but you even weighing in here seems useless. Sorry just my opinion...
Cas127, I agree and thank you for your opinion.
100percent, Thanks for your opinion as well.
SSP, concerning your statement
"I chose not to make my reply public... and often reply via PM so as not to embarrass anyone whose level of expertise might be less than is necessary to grasp a particular concept. Or, if I dissagree with what they've writen.... especially if it concerns my posts, advice, or statements. "
Embarass anyones expertise... hmm, lets ponder that thought for a moment and put it in the context to the post I placed, and your e-mail.........
That's the problem SSP, You shouldn't think and push on to others that you are so much better than them and assume they are complete morons and (in your own words) shouldn't be in the business . Just by bringing up in your e-mail about "embarassing" them makes you come off as an arrogant pompus donkey, ( You really may not be but that is how it looks in your e-mail). Apparently you have many people here that like your advice and that is a very good thing, just don't let it go to your head, and also be able (open minded) to take constructive criticism if given. (Maybe the post I read about your primer should be taken that way. A chance to make it better, more powerful, etc)
KevinIL again, I don't see 100percent beating anybody up here, just giving an opinion on what is going on with this post. (geeze.)
MartyOhio, Your opinion on both SSP and RL books are very much appreciated. Your comments about feathers ruffled, well you have to go to the beginning of this reply to read that that is not the case here at all. (fingers and eyes getting too tired to type it again).
Dealer Jo, Please, Please, get a spell checker.
I also know what can and cannot be done here, and I have not broken any rules. Thank you for your concern though.
Last but not least (I am so thankful there are no more to answer to).
tomjerry200, Nobody here is criticizing SSP's knowledge or expertise nor his free tine to answer posts. ok? Good.
Thank you all for your posts and giving me something to do non-productive tonight. (just kidding)
I appreciate the posts, now can we all just get back to making money????? Please.
Thank You[ Edited by davese on Date 03/16/2004 ]