Did my first SFR from “Nothing Down” - Posted by Terry Vaughan
Posted by Terry Vaughan on March 15, 2000 at 14:13:13:
The original title (in the 70’s) was “Nothing Down”, by Robert Allen. It came out about the same time as “Awaken The Financial Genius Inside You”, by Mark Haroldson.
I actually bought my first house out of that book (copied the contract at the post office) and went on to use what bob taught in that book to buy lots and lots of real estate.
In 1985 I met Bob at his “Challenge” seminar. During the seminar, I bought a “Condo” in Oceanside by buying a note, trading the note for the condo, while arranging for a new loan, pocketing $10,000 from the “crank”, then "flipped the deal to another student for another $5,000, all in the same deal! This raised Bob’s eyebrows! He asked me to come to work with his team training Real Estate Students.
I worked with Bob over three years with the now famous “Challenge Workshop”, and for the last year+ did his introductory seminar for the “challenge” all across the country.
We later lived near each other and I would constantly bump into Bob at the local market. Each time I saw him we would talk about his ongoing search. He was always looking for ways to help people improve their lives. More than real estate, Bob’s real interest has always been the study of human accomplishment and how it might be better taught.
I haven’t see him for a few years now, (I moved to the country) but the last time we bumped into each other was at a Gary Halprin Seminar on “The Internet”. Bob is always staying with the trend - then zooming ahead to show us a new area we should be looking at.
He is a neat man. I feel greatful to have come to know him personally. I have never seen anything written, with his name on it, that wasn’t worth ten time the money.
