Gerald Romine's HUGE Announcement

Gerald Romine's HUGE Announcement

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Hey Friend,

What time is it right now? Write it down as this may be the defining moment in your life.

I am as serious as a heart attack. What I am about to say could change your life:

“Only 14 People Will Spend 3 Days With Me For My ‘Step-By-Step’ Real Estate Wealth Explosion and Asset Protection PRIVATE Seminar.”

You’ve never heard of anything like this because there has never been anything like this available. Only 14 people will be accepted because this is a private seminar about implementation and it can not be done in large scale to the masses.

Imagine the power of being shown my extreme income secrets like earning 42% fixed on your money! How about walking away from this event with complete asset protection in place? I’m talking about having all your asset protection and estate planning entities set up so you are protected like the Kennedy’s and Rockefeller’s. That’s right, you’ll actually leave with the your asset protection and estate planning entities in your hands PLUS the knowledge and understanding on how to use them… in other words complete and total asset protection!

Warning: Only 14 people will be permitted to attend this private seminar on extreme income explosion and asset protection.

To see all the details on what will be covered and how you can apply check out – www.nobsassetprotection.com.

Now go buy a house,

Gerald Romine

PS – This private ‘Step-By-Step’ Real Estate Wealth Explosion and Asset Protection PRIVATE Seminar is limited to just 14 attendees. It will be private. It will be intense. You will be blown away by the experience. I guarantee it. Applications are time stamped and hesitating even 5 minutes could cost you this phenomenal opportunity. Take action now - www.nobsassetprotection.com.

Now Go Buy A House!

Gerald Romine

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NOTE: This is a post-only mailing. Replies to this message are not monitored or answered.

Gerald Romine's Politically Incorrect News

Gerald Romine's Politically Incorrect News

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Hey Gerald,

"Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate." - Andrew Carnegie

The timing could not be better for the wise young man or wage earner to buy real estate.

• Markets are soft
• We are in a buyer's market
• Taking over payments without bank qualifying is easy to find

The time to buy real estate is now!

If you have no money: Look for deals that cash flow and offer to take over the payments or buy with owner terms. The fact is homeowners are drowning in a sea of debt and many are going to lose houses but not because anything is wrong with the house. Most are losing houses because of their failure to manage money. Huge difference. The key here is cash flow.

If you have money: It's like having a license to steal. The challenge is finding owners/situations where a cash offer can be accepted (normally the owner needs to owe less than your offer). Other advantages of having money include the ability to purchase with owner terms and pay a reasonable down payment. The key here is still cash flow.

If you have credit: Then you have money. Your best use of your credit may be to refinance existing properties to improve your cash flow. With so many home available subject to why incur the fees, costs, and liabilities of qualifying for loans when you can do a little shopping and take over loans subject to. The key is still cash flow.

If you do nothing else this week take a hard look at your market and the deals available. Spend just 2-4 hours looking at prices. You'll be shocked at what is happening in your backyard and the deals available.

Now Go Buy A House!

Gerald Romine

PS - If you need help analyzing deals then you need this system to not only analyze your deals but it will prepare your offers and all of the paperwork in less than five minutes!

NOTE: This is a post-only mailing. Replies to this message are not monitored or answered.

Gerald Romine's Politically Incorrect News

Hey Friend,


I’m about to make A LOT of people in the real estate business very mad. With record foreclosures short sales have been a hot topic and it seems every real estate guru or so called expert is trying to cash in with their own short sale course, seminar or boot camp.

The guru’s will hate me. You will love me. Soon I’ll be announcing a webinar where I am going to share with you everything you need to do short sales as either and investor or homeowner and it will be absolutely free. Not only that I am going to share with you a website that costs nothing and makes short sale boot camps, courses, and seminars a thing of the past.

Be on the lookout for the webinar announcement. If you are thinking of signing up for an event or course don't!

Now go buy a house.


Gerald Romine
PS – This webinar and website will rock guru's worlds because everything they have been charging $1000.s for will be available to you for free. Literally everything covered in depth from how to do a short sale, deficiency judgments, tax consequences, dealing with mitigators, what to say, when to get nasty with mitigators and so much more!

Gerald Romine's Politically Incorrect News

A real estate agent is NOT needed for a short sale. The sad truth is most real estate agents will unknowingly hurt you in a short sale because they do not know or understand the short sale process.

There are exceptions to the rule and they are few and far between. If you find a Realtor that is successfully doing short sales with deep discounts(30-50%) they could be worth their weight in gold. I have nothing against Realtors but if they don't earn their commission they don't need to be involved.

The lender not only wants a Realtor involved but they want to see the property has been listed on the open market. Why? Lenders reason a listed property on the open market will fetch a higher price then a doing a short sale on an unlisted property with an investor. Before agreeing to a short sale they want to see what the open market brings. Why wouldn't they since they are on the seller's time and nickel.

The lender may be right... unfortunately it is not their decision to make. This is why you get the property under contract, control the deed, then politely inform the lender they have two choices: 1) work with you on a short sale or 2) take their chances with the foreclosure. The lenders do not want option 2 but they will act as if you have no choice. The lender will often bluff until the foreclosure date is quickly approaching.

Because the lenders are used to working with Realtors you can use this to your advantage two ways. 1) When making your short sale offer be sure to point out there is no Realtor involved and their net is increased by the 5% commission they are typically paying Realtors. You must do the math for them. 2) Since the lender is expecting to pay a Realtor 5% you can find a Straw Person Realtor to follow your instructions and make 5%. The financial arrangement you make with the Realtor is up to you... but keep it legal. This means you don't get the 5%. In return the Realtor may list your properties for a deep discount, provide unlimited market research, etc. You'll figure this out on your own.

Other News:

On February 29 - March 2, 2008 I'll be conducting my private seminar for 14 people on income explosion and extreme asset protection where those 14 people will leave with everything set up and in hand and the knowledge of how to use everything they learn. I guarantee this event will be unlike anything ever presented because the event is for the 14 people in attendance and built around their needs.

Now go buy a house,

Gerald Romine

PS – This private ‘Step-By-Step’ Real Estate Wealth Explosion and Asset Protection PRIVATE Seminar is limited to just 14 attendees. It will be private. It will be intense. You will be blown away by the experience. I guarantee it. Applications are time stamped and hesitating even 5 minutes could cost you this phenomenal opportunity. Take action now - www.nobsassetprotection.com.

Don't Put All Your Eggs in One Basket

We have all heard the expression but what does it really mean when we are talking about asset protection?

Smart business people place their “eggs” into separate “baskets” by diversifying their investments, separating portfolios, carrying the right insurance, and even making sure proper records are backed up remotely. Ships are built in the same manner; sectioning of the hull into multiple compartments so that if one section is breached it can be sealed off so the ship remains afloat.

While the principle of diversification is universally embraced in business and investing it is shocking how many people unknowingly violate this principle and leave all of their assets vulnerable to being lost with one lawsuit. Most people can have their assets traced via on simple accessible piece of data, their social security number. By failing to diversify the ownership, everything is at risk if they ever suffer a legal attack. If you set yourself up correctly, even if assets are found they can be protected legally if they are owned correctly.

This leads us to an important principle of asset protection - compartmentalization. By having various assets owned or held by different entities that are separate from you, you dramatically reduce your risk of loss in the event of a legal attack. If one asset or entity runs into trouble, i.e. a tenant in your rental property slips and falls and sues, only the assets in that particular entity are at risk. They cannot lay claim to your other assets or entities.

A WRONG and POPULAR general rule of thumb is to limit the amount of assets in any one entity to 20% of your net worth or up to $250,000. In the asset protection world this is “common knowledge.” Unfortunately it is some of the worst advice real estate investors can get! We’ll explain to you in detail why this is dangerous advice at my private event in February!

On February 29 - March 2, 2008 I'll be conducting my private seminar for 14 people on income explosion and extreme asset protection where those 14 people will leave with everything set up and in hand and the knowledge of how to use everything they learn. I guarantee this event will be unlike anything ever presented because the event is for the 14 people in attendance and built around their needs.

Now go buy a house,

Gerald Romine

PS – This private ‘Step-By-Step’ Real Estate Wealth Explosion and Asset Protection PRIVATE Seminar is limited to just 14 attendees. It will be private. It will be intense. You will be blown away by the experience. I guarantee it. Applications are time stamped and hesitating even 5 minutes could cost you this phenomenal opportunity. Take action now - www.nobsassetprotection.com.

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If you are considering protecting your assets, now is the time to complete your due-diligence and get yourself protected. By taking action now you maximize the effectiveness of your efforts and may even prevent lawsuits from occurring in the first place.

Looking for Deep Pockets

Let's say you are there is a four-car accident on the highway and you are partly responsible for causing the accident as well as two of the other drivers. One passenger in one of the cars is badly injured and sues all three of you. The court awards a $1.2 million injury judgment in favor of the passenger and assigns 1/3 of the fault to each driver.

The other two drivers carry bodily injury liability insurance with a limit of $25,000 per person and they have no assets. You carry a limit of $250,000 per person in bodily injury liability insurance and you own real estate and other valuable assets worth about $1 million.

With a little math, you figure your liability will be $400,000 since you are 1/3 at fault. The insurance company will pay the $250,000 and you'll have to come up with the remaining $150,000 to payoff the judgment. It's a lot of money no doubt but with your net worth you will survive. Your out-of-pocket expense might be just $150,000 if the suit is filed in most states but not if it's filed in say, Kansas, Massachusetts, Tennessee, or ten other states.

If you happen to be sued in one of these states, you will have to pay the entire balance since the other at-fault drivers do not have assets. It’s wrong but it is the law.

Now the three insurance companies will pay a total of $300,000. So you will be on the hook for the remaining $900,000! The reason for this wrong-justice is the common law rule called Joint and Several Liability.

JOINT AND SEVERAL LIABILITY

The theory of Joint and Several Liability allows that each defendant in a legal action is responsible for the entire amount of damages that a plaintiff is entitled, regardless of their relative degree of responsibility for the damages involved. This has come to be known as the "deep pocket rule" because it has had the effect of turning lawsuits into all out searches to find the most financially lucrative defendants. The search for deep pocket defendants has created a "lottery" atmosphere within the legal system in this country.

So if you are sued in the wrong state and you have a deep pocket, you will be the one the hungry lawyers are looking to pin some degree of fault so that they can collect the entire judgment from you.

To protect yourself from joint and several liability, you must not appear to have a deep pocket. The only way to do that is to get assets out of your name. I'm sure you've heard of the quote from John D. Rockefeller. He said: "Own nothing and control everything." There is no better application for this philosophy than to protect yourself against the risk of joint and several liability.

On February 29 - March 2, 2008 I'll be conducting my private seminar for 14 people on income explosion and extreme asset protection where those 14 people will leave with everything set up and in hand and the knowledge of how to use everything they learn. I guarantee this event will be unlike anything ever presented because the event is for the 14 people in attendance and built around their needs.

Now go buy a house,

Gerald Romine

PS – This private ‘Step-By-Step’ Real Estate Wealth Explosion and Asset Protection PRIVATE Seminar is limited to just 14 attendees. It will be private. It will be intense. You will be blown away by the experience. I guarantee it. Applications are time stamped and hesitating even 5 minutes could cost you this phenomenal opportunity. Take action now - www.nobsassetprotection.com.