Gerald Romine's Politically Incorrect News

Hey Friend,

If you haven’t survived/thrived a market crash you are not an investor! Harsh maybe... but success is something that can be sustained.

My investing started in the 1980’s and I’m not some Johnny come lately to real estate investing. I’ve lived and prospered through every type of real estate market. I'm excited about today's market but everything is not as easy as some make it out to be.

But let me be perfectly clear…

You must be willing to make changes in how you do your real estate business to keep up and change with the times. If you fail to make changes you will perish.

Coming soon I will conduct a FREE webinar for UREI System Users and I have decided to allow all of my subscribers to access the webinar. This will be pure education, training, and how to information.

Some of what I will be covering:

• What is happening in the market right now.
• What the banks don’t want the public to know.
• What’s going on with Short Sales and Why.
• What you must be doing right now or you will perish.

One of the things I will reveal is the secret formula GMAC and other lenders use when discounting loans. Have you had tried shorting loans on properties that were upside down and the lender is still insisting on a payoff that seems insane? How about seconds that should take $1000 and kiss your arse but they come back with some crazy number on a worthless second?

I’ll explain what the lender is doing and why. I recently had an in depth tell all discussion with a Recovery Manager where he told me the inside formulas and more than you can even imagine. I'll even tell you why he told me which is an amazing story and lesson in how I do business!

Questions and Answers

UREI System Users: I am going to give a select number of UREI System users the opportunity to join me on the call live if they want to share for everyone's benefit what’s working in their real estate business. Those selected will be on the call live with me.

I encourage UREI users to share because those who share will benefit the most. It will give you the opportunity to have myself and other successful investors comment on what you are doing and how you might be able to make it better. Still, some people want to keep everything top secret so it is up to the UREI users to step up to the plate.

UREI users only: submit your request here.

Non UREI System Users: May submit any questions they would like me to answer. I will select the best questions and answer them live on the call.

Non UREI users: submit questions here.

Note: Only submissions within the next 24 hours will be considered.

The webinar date will be announced in the near future and may be on short notice.

If you know me you know this is a call you will not want to miss!

Now Go Buy A House!

Gerald Romine's Politically Incorrect News

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

Gerald Romine's Politically Incorrect News

Last week Treasure Secretary Henry Paulson announced the “freeze” program where mortgage lenders will freeze interest rates on a limited number of subprime loans. It’s all dressed up and sounds good to the general public but this is really nothing but another fraud and cover-up!

This fraud is just like previous bailouts and has nothing to do with US house prices, the average American, or keeping families in their homes. Sorry, but anytime something is offered in the best interest of the public you can smell something fishy.

The real purpose of the freeze is to prevent the owners of the mortgage backed securities from suing US banks and forcing them to buy back the worthless mortgage securities (loans) at their face value.

Example: Let’s say 100 million dollars worth of loans were made and the package was sold. The face value is 100 million to the owner of the mortgage backed security. But now the package has a value of 50 million dollars and the owners of the securities are not happy because they are losing money hand over fist.

The problem is if the US Banks are sued and there was fraud involved in the origination process (it was rampant) the investors in mortgage bonds have the contractual ability to require the banks to buy back the loans at face value.

The 5 year freeze is the banks attempt to fix the problem. This will allow the banks to go back and refinance fraudulent loans with the consent of the owners of the mortgage backed securities. Why is this important? Because if the loans are refinanced with the consent of the owners of the mortgage backed securities they can not later claim fraud!

Right now there is a HUGE game being played and most people are not aware of it.

How does this help the investor?

Simple. We can capitalize on buying properties subject to with fixed rate loans on properties that cash flow. Owners will refinance ARM loans into fixed rate loans and try to survive and hang on. Some will. Some won’t. The bottom line is our pool of subject to properties will be increasing in the coming months.

All we have to do is analyze the properties then take over the ones that make sense. This lending fiasco is far from over as are the ways we can profit from it.

Now Go Buy A House!

Gerald Romine

PS – If you want to know how to buy Subject To watch this training video.

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

PS –

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.