By David "The Diamond" Oswald on 12/21/2007 10:12 PM

"When the student is ready, the teacher will appear."

I was thinking about the importance of a having a mentor in anything that I've ever done during the course of my life.  Anytime that I've taken a step into some area where I was unfamiliar whether it was learning a new sport, learning some new aspect of real estate or completing my first ebook, a mentor was always the difference.  I did a tally the other day on how much I've spent on my real estate education during the past 5 years and it came to just over $87,000. 

Much of that education involved bootcamps and seminars at different locations throughout the country but the main area in which I saw the biggest jumps came when I had a direct mentorship with someone.  Although the classes are great and the people I've met are even greater, the real progression came when I had access to the real world individuals who were out there living it.  In the case of ... Read More »

By David "The Diamond" Oswald on 12/14/2007 10:09 PM

I just got back a couple of weeks ago from Las Vegas where I attended a seminar with motivational speaker Marshall Sylver called The Next Level and while reflecting on what I did during that five day period I would have to agree that the title of the event is appropriate.  During one of the days, I spent about 8 hours at a ropes course doing a variety of challenges that normally would not have been of interest to me.  Not because I don't enjoy new things but I am not always interested in seeking out thrills.  In fact, had I known what I was getting into before I paid for the event a few months ago, I may have decided not to do it.  I guess sometimes it's not best to get all the details before diving into something.

To give you an idea of some of the things that I went through, at one point I was standing on a platform about 100 feet high and looking down into a canyon.  I was strapped into a seat harness and the harness was hooked onto ... Read More »

By David "The Diamond" Oswald on 12/11/2007 10:04 PM

Press Release

BUY ALL OF THE HOUSES YOU WANT WITH OUT EVER USING YOUR OWN CREDIT!!!

Learn the best kept secrets in Creative Real Estate Investing!

Real Estate Investors and those who want to pick up a great deal on foreclosed property!

David "The Diamond" Oswald, Founder of Rivers of Income LLC will be conducting a foreclosure and short sale seminar on Thursday, December 13 from 7:00 to 9:00 PM at the Ramada off of exit 12 on Rte. 287.  The official address for the hotel is 60 Cottontail Lane in Somerset, NJ  08873.

Oswald will be discussing everything from where to find these foreclosures to how to go about purchasing them with little, if any money out of your own pocket.  In addition, Oswald will tell his personal story on how he got involved in the real estate investment business and what you can do to work directly ... Read More »

By David "The Diamond" Oswald on 9/18/2007 3:37 AM

This blog is dealing with the topic of when to proceed with a deal and when it's better just to step away from it.  I had a recent situation that inspired this article and I decided to put it on paper because it involves an important topic concerning this business of real estate and something that many other investors ask me about: what is a motivated seller and how can you tell the difference between someone who is motivated and someone who is not?  From the question, it would seem obvious but you must remember that you must first define in your own mind what it means to be motivated. 

For my purposes, a motivated seller is someone who is absolutely ready to do business and is craving for me to help them.  It's not someone who wants to have multiple conversations to get to know me, followed by me coming out to snap some pictures of the house, followed by another week or two of them having an attorney look at the documents, followed by ... Read More »