Who Knows About Foreclosures?

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My monetization method is not to profit from their misery by selling them BS but by truly helping people who want to stay in their home.

In reality buying foreclosure now is not a great investment. Why? Because values are on there way down and were going to see 20-40% correction in area. In a $500,000 home market that is $100-200k. Thats what the investors re waiting for. All these ARMs have 2 years to play out and affect borrowers. We are just seeing the beginning of this now and have seen nothing yet.

I'm suprised to see some guys in here who know a thing or 2 about this business. Am I going to tell everyone, hell no! It just proves I am on to something big as I suspected.
 


Hey Dave! I didnt know you knew about this and that was the purpose of my post to see who knows a thing or 2 about this.

I have approached some key players on this forum about monetization models with foreclosures and the best way to do this on a mass scale and they are going to get back with me. They too did not know what I was doing but have been in this businees in some way shape or form.

I think by combining sales skills and internet skills will be the key to dominating this market for years to come. Thats why I approached these experts on WF this last week. So hopefully they will get back to me soon with some thoughts about this.

I could have hid my idea and horded it to myself but this is a trillion dollar market and if we do this smart then many who can bring value to that table can profit and dominate.



SeoDave said:
I'll admit BYA: I'm intrigued. I've bought and sold real estate even though I'm young, and I worked for 4 years in a real estate company, so I thought I'd get where you were going with this, but so far I'm not catching on. If it's something you'd be willing to share in private, I'm all ears. If you want to stop just hinting at it in this thread then come right out and say it...

As far as banks foreclosing on a bunch of loans, there are multiple reasons why banks don't do this. A) As BYA pointed out, they don't want houses with no equity that will sit on the (oversaturated) housing market because of their high price. On the other hand, they aren't just going to let their 250K loan go away completely, so if they have to "lose" $10K in legal fees to foreclose on the house so that they can sell if for $200K and only lose $190K as opposed to the full price of the loan, they are going to do so.
B) Banks are federally regulated, and are only ALLOWED to have a certain percentage of non-performing loans by the banking regulators. Thus, if there is a huge influx of NPL's, they CAN'T just foreclose on them or they'll get hit with some fines by the regulators at the end of the year for being over the allotted % of NPLs that they are allowed to have.

This is a complex industry, and the huge # of NPL's and foreclosures coming up are going to change the way the industry works. I'm not sure what track BYA is on here in his effort to push us into thinking up what monetization strategy he has formulated. It will be interesting to know if he's willing to share.
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I'm suprised to see some guys in here who know a thing or 2 about this business. Am I going to tell everyone, hell no! It just proves I am on to something big as I suspected.
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More than just guys.

Here's my question. Why do you like to start a discussion about a trillion dollar market opportunity and then refuse to suggest something of value that the folks here can use to improve their own business models? It's not like it will impact your own ability to make money from it. This scarcity mentality confuses me.
 
Because I am a capitalistic pig who is greedy. No, I just want to get all my ducks in a row with some maja playas first.

If you have been doing your job,learning everything you can about the foreclosure biz then you would know or have an inclanation on what I am doing.

We are talking hundreds of hours of work and research to what just make it easy for you all? I would rather profit from my work then give it away for free. Isn't that what America is all about? The freedom to think freely and profit from those ideas.

Why should I work 18 hour days and then give you the results of the work I have done for free. Any other people will sign an NDA and a covenant not to compete and Im not going to shell it out there so the thousands of lurkers who do not post become my competitor and then they produce another 100,000 competitors.

Again Im waiting for some key guys I want to be part of this either on a silent partner level or full scale get back to me and do it all within WF rules so Jon doesnt ban my ass again.
 
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Blastyourass said:
Because I am a capitalistic pig who is greedy. No, I just want to get all my ducks in a row with some maja playas first.

If you have been doing your job,learning everything you can about the foreclosure biz then you would know or have an inclanation on what I am doing.

We are talking hundreds of hours of work and research to what just make it easy for you all? I would rather profit from my work then give it away for free. Isn't that what America is all about? The freedom to think freely and profit from those ideas.

Why should I work 18 hour days and then give you the results of the work I have done for free. Any other people will sign an NDA and a covenant not to compete and Im not going to shell it out there so the thousands of lurkers who do not post become my competitor and then they produce another 100,000 competitors.

Again Im waiting for some key guys I want to be part of this either on a silent partner level or full scale get back to me and do it all within WF rules so Jon doesnt ban my ass again.
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cause wickedfire is all about sharing!!!! at least it used to be. You think Lerchmo worked on his arbi script and templates just for WF, no im sure he tweaked it out, made his own version and banked hard along with plenty of members of WF. Did he make less for releasing that script, I highley doubt it!

p.s. if your just using a thread to find experts to pm, just do it on the dl and dont make it all obvious.
 
This thread is weird. In reading it all, it feels like when you are sitting in class in high school and your teacher is trying to get an answer out of *someone* in the class and keeps asking it a bunch of different ways to try and coax it out, yet everyone in the class is staring blankly at her hoping that she finally gives it up because it's soooo annoying and everyone wants to scream, "Just say the freakin answer already so we can move on!"

But I digress... ideas are worth nothing. Execution is everything. Sure, there are people on here that could execute and automate whatever it is you are talking about, but those same people are also dang busy doing what already makes them a ton of money. And besides, I don't know how many of them would want to work with someone who is too insecure to even say what it is they are talking about for fear that someone else might try it. Who knows what other things you would keep from them in the business for fear that they might somehow do it better than you.

All you are doing here is trying to farm people that can make your idea actually happen. I think that's crap, personally. Seriously, put out or shut up about it already!

Laura

PS. I really don't mean to be nasty. It's just getting really old and I can't keep my mouth shut about it. I really, really hope this idea you have makes you filthy stinking rich, I really do. I just think using WF like this is total junk.
 
BYA, personally you know I think you're pretty cool. :)

But I have to agree with Laura on this. In the time you've been hemming and hawing over this I have continued to expand my own website, entered into a trial partnership with another site, and am now in the process of implementing a huge new opportunity that opened it's doors to my partner and I in the last two days. By the end of August I'll have expanded my online presence by leaps and bounds and increased my income tenfold.

And I think you'll still be deciding whether to do this.

The problem is, when people constantly talk without actually doing anything to produce results they lose credibility. Lose credibility enough times and people don't care what you type...it screams "bullshit" to them. There are plenty of examples of that at WF alone.

Credibility and reputation are everything as far as I am concerned, and unless you are a "get it done" type person...the people that actually do get it done won't have anything to do with you. It's far better for you to try and face a few missteps and have to work harder to make your project a success then to do nothing yet again because of repeated empty promises/talk/ideas.

Just do it. Take the risk. There is always a benefit in every action you take. Inaction is nothing but worseless.
 
You are being nasty and so lets begin....................

Ideas are worth nothing??? :error: Thats about the stupidist thing I have ever heard. I know execution is where the idea comes to fruitation but without a good idea and plan then execution is pointless. I see it 99% of the time in here everyone executing worthless ideas and plans that are over played. Thus they make no money.

You have no idea what I am doing and I am not using WF to farm. I was just seeing who knows about this market in here and if anyone was on to what I am on. Obviously you dont so there is no reason for you to comment right?????????

There are threads made here daily asking questions and getting answers. This is shooting the shit Laura. What because I wont divulge exactly what Im doing right now then I need to shut up. Fuck that! Then that would be 90% of the threads:error: Im lost by your personal attack on me because it makes no sense, unless you are going to be Mrs. Mod and do that on every thread where peole dont reveal their trade secrets.

I have already shared with some respectable members that I know are very experienced in this field here via email and phone. When they get back to me and decide the best way to execute.

Laura said:
But I digress... ideas are worth nothing. Execution is everything. Sure, there are people on here that could execute and automate whatever it is you are talking about, but those same people are also dang busy doing what already makes them a ton of money. And besides, I don't know how many of them would want to work with someone who is too insecure to even say what it is they are talking about for fear that someone else might try it. Who knows what other things you would keep from them in the business for fear that they might somehow do it better than you.

All you are doing here is trying to farm people that can make your idea actually happen. I think that's crap, personally. Seriously, put out or shut up about it already!

Laura

PS. I really don't mean to be nasty. It's just getting really old and I can't keep my mouth shut about it. I really, really hope this idea you have makes you filthy stinking rich, I really do. I just think using WF like this is total junk.
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I think your alright too Blonde. But......................

You think Im hemming and hawing about this Blonde. Ummmmmmm......I work every day on my business and improving it. I dont sit here at WF and contemplate my life and business all day. You think I have just sat here and have done nothing? Just FYI, I have been self employed for 9 years now and I do very well without the help and execution of anyone. You think Im still deciding to do this????LOL yeah, I cant move and make things happen:error: I have been doing it for 9 years so wrong there.

Contantly talk and lose credibility, now this is beginning to be a joke. Credibilty with who, you? Laura? Noobs? Now how will that affect me in any way shape or form with my life and the money I make in the real estate business? It wont. Just like I wont affect your business.

OK, im just going to sit here and do nothing like I have done for 9 years and pay my mortgage and food and insurance for my 4 kids by doing nothing and just waiting for everyone to execute and do my job. I'll just talk about it on WF all day and night.




BlondeTM said:
BYA, personally you know I think you're pretty cool. :)

But I have to agree with Laura on this. In the time you've been hemming and hawing over this I have continued to expand my own website, entered into a trial partnership with another site, and am now in the process of implementing a huge new opportunity that opened it's doors to my partner and I in the last two days. By the end of August I'll have expanded my online presence by leaps and bounds and increased my income tenfold.

And I think you'll still be deciding whether to do this.

The problem is, when people constantly talk without actually doing anything to produce results they lose credibility. Lose credibility enough times and people don't care what you type...it screams "bullshit" to them. There are plenty of examples of that at WF alone.

Credibility and reputation are everything as far as I am concerned, and unless you are a "get it done" type person...the people that actually do get it done won't have anything to do with you. It's far better for you to try and face a few missteps and have to work harder to make your project a success then to do nothing yet again because of repeated empty promises/talk/ideas.

Just do it. Take the risk. There is always a benefit in every action you take. Inaction is nothing but worseless.
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Blastyourass said:
Obviously you dont so there is no reason for you to comment right?????????
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Actually, I do. :) I have a lot of experience in real estate and foreclosures. Just because I haven't posted to this thread doesn't mean that I don't know about it.

And yes, ideas are worth nothing. It's just food for thought.

I was just giving you my opinion. That's all. I had a feeling that you wouldn't agree with me. ;)
 
Moe if you have some fantastic strategy to turn foreclosure candidates into money, that is great. But what you are doing here is trying to get people to jump on your bandwagon and help you make money..

Its obvious that your strategy includes pulling internet leads and its also obvious that you cant generate an online lead to save your dick.

I am happy for you that you can take whatever tiny amounts of traffic you are able to generate and through phone calls and hand jobs you can feed your family.

The only thing that is terribly wrong with your strategy is the fact that you have absolutely no ability to scale, you can get a blue tooth earphone and talk to poor desperate bastards 24/7 but since you refuse to spend all these dollars your making on expanding your operation into a real business instead of some one man show bullshit.. your going to be a broke fucker while someone who knows how to capitalize on an idea takes it an blows it up. Assuming you have anything of value.

So like Laura said your idea is shit unless you grow some balls and spend some money. Partnering with forum buddies and making blogs is going to get you absofuckinglutely nowhere.

Its really all about bottlenecks, and the fact that you can either spend money and get more people shoving shit through the bottlenecks or you can come up with a better system and lose the bottle neck.

your insistance on clinging so tightly to such a huge bottle neck is why your business sucks and no one wants to hear you go on and on and on about it.
 
Here's the answer for the original post's question..

Why people here are clueless about the realm of foreclosures?

Because we are affiliates. We don't give a shit. I see it like this.. just because I love to eat steak, doesn't mean I want the whole walkthrough on how it went from an animal to my plate.

We like the simplified version of things. I've been saying this for a while, that foreclosures are going to be the next big thing, along with other fairly scammy services like credit repair, debt consolidation, etc.

There will always be people who are greedier than others, but you have to be smart about it, and you have to limit yourself to certain processes. You can't expect to come here and tell everyone about some huge money maker and for everyone to jump at it convincing them it's EASY and SIMPLE, because it's not. That would make it a get rich quick scheme, ponzi, MLM, or worse... what all of these ebook make money fast and easy on the internet authors do. If that's the route you want to go, goodluck, but don't do it here.

I already had this talk with you when you pulled this same thing last time and you got all pissy about me deleting your thread. This just reaffirms my reasoning for it. I'm not bashing you about it either. Do I think your idea can work? Yes. Do I think it can make a shitload of money? Yes. But then again, so can schemes like predicting the lottery, or systems to beat roullette by keeping tabs on the number "patterns" (there are no patterns, that's just for show!).

To make a long post a bit shorter, and hopefully end this silly debate... if you are going to become an advertiser or affiliate program and pay affiliates for leads or sales, then go do it, and pay for advertising here, because right now, you're breaking our TOS.. again. Whether you mean to or not, I don't care, but this is your 2nd warning in a month.

Affiliates just want to keep it simple. They want to promote for something online because they are good at that, they don't want to jump on the phone to qualify a lead, or spend 3 hours talking to a bank or a consultant. They just want to produce the leads/sales, get paid, and move on. If you want something more than that from them... then hire sales people.
 
Laura said:
Actually, I do. :) I have a lot of experience in real estate and foreclosures. Just because I haven't posted to this thread doesn't mean that I don't know about it.

And yes, ideas are worth nothing. It's just food for thought.

I was just giving you my opinion. That's all. I had a feeling that you wouldn't agree with me. ;)
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Haha

42525711.pwned.jpg
 
Attack of the fucken mods. What did someone push an emergency button. Alert, BYA is starting shit again.........................fuck

90% of my business is referred to me and it was through my internet marketing efforts and work over the last year and a half. I pull enough leads to treat my dick to whatever it pleases lerch and how the fuck do you know I give hand jobs?

Bluetooth phone? One man show and what's this bottleneck shit?

lerchmo said:
Moe if you have some fantastic strategy to turn foreclosure candidates into money, that is great. But what you are doing here is trying to get people to jump on your bandwagon and help you make money..

Its obvious that your strategy includes pulling internet leads and its also obvious that you cant generate an online lead to save your dick.

I am happy for you that you can take whatever tiny amounts of traffic you are able to generate and through phone calls and hand jobs you can feed your family.

The only thing that is terribly wrong with your strategy is the fact that you have absolutely no ability to scale, you can get a blue tooth earphone and talk to poor desperate bastards 24/7 but since you refuse to spend all these dollars your making on expanding your operation into a real business instead of some one man show bullshit.. your going to be a broke fucker while someone who knows how to capitalize on an idea takes it an blows it up. Assuming you have anything of value.

So like Laura said your idea is shit unless you grow some balls and spend some money. Partnering with forum buddies and making blogs is going to get you absofuckinglutely nowhere.

Its really all about bottlenecks, and the fact that you can either spend money and get more people shoving shit through the bottlenecks or you can come up with a better system and lose the bottle neck.

your insistance on clinging so tightly to such a huge bottle neck is why your business sucks and no one wants to hear you go on and on and on about it.
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your bottle neck is that you answer your own phone rather than paying 3 people 30k a year to do it, or better hiring a service, why do you think big companies outsource to services like [SIZE=-1]Convergys[/SIZE]? you train monkeys to do your time consuming tasks, you dont sit there and do them yourself like a douche.

The fact that you are trying to get people to partner with you through this forum and generate blogs or whatever the fuck you want them to do speaks volumes on your capacity to truly take advantage of whatever big oppurtunity your are preaching about. if the market expands people willing to spend money will "corner" it, not someone doing "guerrilla marketing shit".

If you have something, contact people privately but don't go fishing like this.
 
I'm not here to convince anyone anything but was just asking a question to people around the world in all walks of life. What better a place to do it then here?

I thought it was fine and I was getting some good posts from people who knew some shit and maybe it was helping people who were just reading. It was just like 90% of the threads on here asking questions and sharing info.

But since it was MOE, all the red flags go off and the mods come in droves and do their little insult tag team efforts. Your turn Laura, now you go Lerchie oh wait Ben, your turn. I mean how do you expect me to work with that ?

How was I violating the TOS man? I'm lost there. I can't network with people on Wicked Fire? I can't work with people possibly and call people on the phone?

Jon, I know your not fucking at me me like Lerchmo and Laura but isn't this place to learn, help and network?

Jon said:
You can't expect to come here and tell everyone about some huge money maker and for everyone to jump at it convincing them it's EASY and SIMPLE, because it's not. That would make it a get rich quick scheme, ponzi, MLM, or worse... what all of these ebook make money fast and easy on the internet authors do. If that's the route you want to go, goodluck, but don't do it here.

I already had this talk with you when you pulled this same thing last time and you got all pissy about me deleting your thread. This just reaffirms my reasoning for it. I'm not bashing you about it either. Do I think your idea can work? Yes. Do I think it can make a shitload of money? Yes. But then again, so can schemes like predicting the lottery, or systems to beat roullette by keeping tabs on the number "patterns" (there are no patterns, that's just for show!).

To make a long post a bit shorter, and hopefully end this silly debate... if you are going to become an advertiser or affiliate program and pay affiliates for leads or sales, then go do it, and pay for advertising here, because right now, you're breaking our TOS.. again. Whether you mean to or not, I don't care, but this is your 2nd warning in a month.

Affiliates just want to keep it simple. They want to promote for something online because they are good at that, they don't want to jump on the phone to qualify a lead, or spend 3 hours talking to a bank or a consultant. They just want to produce the leads/sales, get paid, and move on. If you want something more than that from them... then hire sales people.
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I save time and convert more sales by answering my own phone. I have been doing this long enough to no what pays and what doesn't for what I am doing right now. I have a system and I answer the phone, convert the client and then pass the ball to my assistant. This system works. Do I want to do it the rest of my life? fuck no! But I do what I have to do.

I know people will corner it. Money yes, but talent more. How do I know if someone knows about it? What use my telepathy?

I dont know what the fuck you can do here and what you cant. It's like fucken prison shit. Alright Lerch. Your fucken wrong for going after me here.

What if I PM someone? ban. Ask a question?,ban!



lerchmo said:
you train monkeys to do your time consuming tasks, you dont sit there and do them yourself like a douche.

The fact that you are trying to get people to partner with you through this forum and generate blogs or whatever the fuck you want them to do speaks volumes on your capacity to truly take advantage of whatever big oppurtunity your are preaching about. if the market expands people willing to spend money will "corner" it, not someone doing "guerrilla marketing shit".

If you have something, contact people privately but don't go fishing like this.
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Bro you are trying to get people into your scheme because you think its going to generate you leads, none of this bullshit about learning. there is a motive and its transparent.

You may know a ton about the mortgage industry but you dont know shit about getting traffic and online marketing that is crystal clear. Stop trying to build some kind of internet marketing scheme AND stop trying to build interest from a bunch of newb internet marketers.

You and Seo_mike banking yet?
 
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