Click Here Now
to learn a Powerful Amazing Secret on how you could earn a fortune by working one-on-one with your own Internet Marketing  & Real Estate investing Mentor.
Our Proven Mentoring Program might help you achieve a Guaranteed Income for life.  
The American Way!

Affiliate Marketers
Make $75,000 or more per year promoting our courses. No purchase required.

AmeraWay Marketing     |     home
Ron LeGrand   |   Robert Allen   |   David Finkel   |   Russ Dalbey   |   William McCorkel   |   Russ Whitney   |   John Beck   |   Carlton Sheets   |   Bill Bronchick   |   Creative Real Estate Online   |   Claude Diamond   |   David Ramsey   |   Tom Vu   |   A. D. Kessler   |   Bob Bruss   |   Lou Vukas   |   Larry Pino   |   Wright Thurston   |   John Cash Locke   |   Robert T. Kiyosaki "Rich Dad Poor Dad"   |   Ed Beckley   |   Dave Del Dotto   |   Raymond Aaron   |   Joe Kaiser   |   John Stefanchik   |   J. G. Banks   |   Tony Hoffman   |   Lance Young   |   Robert Shemin   |   Ernie Kessler   |   Wade Cook   |   Mark Haroldsen   |   John T. Reed   |    Alexis McGee   |   Mentoring Programs (Prosper/PMG)
Dave Del Dotto
Home Based Business Opportunities From Around The World Plus Candid Opinions On More Than 250 Different Opportunities.
40 Years Of Business Experience To Help You!

Real Estate Personality

I met Dave Del Dotto at a seminar in Las Vegas many years ago. I did not buy any of David's real estate information ay the time but I have read much of his material.  If you have read some of my other real estate guru critiques you will notice that I do not think very highly of some of them.

The following are some others experiences of Mr. Del Dotto:
1) “Perhaps you've heard of Dave Del Dotto. I challenged Dave to prove his course was not a scam. Yes, I challenged Dave Del Dotto. I told him I had $5000 to invest (he says you need nothing down.) I offered to put up my $5000 to get my first property. When I sold it at a profit, I would take back my original $5000, give him 50% of the profits and give 50% to a charity of his choice (his course was $350.)

All Dave had to do was send the tapes and accept my secured promissory note for $1,000. This way, if I burned him, he could collect more than enough to pay him for his troubles. According to advice I've heard from his own lips, this would be a good deal for him, a chance to make a new customer, and to put plenty of profit in his pocket from me. Never heard from him.

That's right, I asked Mr. Del Dotto to put his money where his mouth was and I never heard him flap his gums at me again.”

2) “Former sheet rocker from Modesto who did infomercials featuring himself sitting on the beach in Hawaii. I debated him on Larry King Live. Del Dotto strikes me as the dumbest of the famous gurus. In one of the books he sold with his home-study course, he said to take advantage of a Farmers Home Administration loan. If you're not a farmer, he said, get one to front for you. Many of the other gurus give similar advice. But Del Dotto is the only one I know dumb enough not to understand that the standard, get-rich-quick-guru way to deal with the issue is not to mention the farmer requirement. For the record, getting a farmer to front for you in a loan program that's for farmers only is a felony. Del Dotto's Modesto headquarters was foreclosed in the '90s.

The Wisconsin State Bureau of Consumer Protection published a Guide for Wisconsin TV stations, which lists several "Questionable infomercials," among them those of David Del Dotto. In the 6/8/98 Newsweek, Jane Bryant Quinn said that Del Dotto had gone bankrupt. I still see him on TV, only now this one-time "real estate expert" is selling products unrelated to real estate. The WA attorney general sued Dave Del Dotto and his Affordable Housing, Inc. The suit alleges Del Dotto made numerous misrepresentations about real estate investing, some of which violate a U.S. District Court order. It also accused him of acting as a broker without a license: he collects $500 deposits to be credited toward closing costs for a mortgage, which he will help them get.

The court papers said Del Dotto was a principal in a firm that filed bankruptcy and has been the subject of repeated enforcement actions by regulators, including the FTC and the Insurance Commissioner of Hawaii. They also allege that he tells seminar students inaccurate information, i.e., that they can pocket the proceeds of government-insured home-improvement loans, that they can get mortgages for 1% to 3% less than less informed consumers, that his customers typically make a profit in real estate using his system, that you can get free-and-clear title to a house by simply paying back taxes of as little as $500, that it's easy for people with bad credit to buy houses for nothing down, and that you can add $50,000 equity to a home by painting and adding carpet.

In short, WA says Del Dotto "charges high fees for information which is virtually worthless, outdated, and unethical." WA authorities were seeking a restraining order to prevent Del Dotto from holding a seminar in the state. Court papers reveal previously unknown facts about Del Dotto: IRS placed a lien on his Hawaii house in 1993. In 1995, Hawaii sued him for nonpayment of $5,000,000 in loans. He filed for Chapter 7 personal bankruptcy, and his corporation filed for Chapter 11 bankruptcy in 1995. In 1996, he agreed to pay a $200,000 fine to the FTC.

What's new here is that government authorities have finally become appropriately aggressive in pursuing guys like Del Dotto. Unfortunately, the gurus seem to be ignoring the authorities to an extent, witness Del Dotto's alleged ignoring of a previous federal court order. Another new development: many gurus have begun to structure their pitches so as to run afoul of securities and licensing laws.

Many investors originally came into real estate as a result of pitches from gurus like Del Dotto. Too many investors still have vestiges of those original pitches in their real-estate-investment programs.”

There very few things around today that will allow the average person to really get rich. Real Estate is one of those things. In case you didn't know it there have been more millionaires created because of real estate than any other business.
Now if your interested in a Real Estate program which is very reasonably price with one-on-one mentoring using a different twist on building wealth, like making up to 100% annually as well getting properties with very little down, without being negative, you need to check out my incredible real estate course, Click Here.
After 26 months of testing, research and development I have discovered the easiest way you can potentially Get Rich ever. My new program will show you how to set up the easiest Home Business ever available. This program is like having your very own ATM machine that can generate cash for you 24 hours a day, 7 days a week. Click Here to .

Learn To Develop Other Sources of Income. Do it now before it's too late.

Get Jan's Business Secrets For Free!
Subscribe to Jan Gaudina's FREE e-zine; it's full of hot tips and techniques on making money with real estate investments, Internet Marketing, as well as other money making opportunities. We're giving away hot money-making tips - but we need to hear from you today! Simply enter your e-mail address in the box below and click "Send Info" ($129 value - FREE for stopping by.  (Your information will never be sold, shared, or made public.) Read a recent issue.

Special Offer: Subscribe now & receive great Investment and Internet secrets for FREE!
Yes Jan, I'm tired of being a slave to a job (just over broke) with all the empty promises … and I'm ready to be my own boss building a lifetime stream of income. Please send me your free newsletter today.   
Name:
E-mail Address:
Never before offered! Jan Gaudina's ALL-NEW Home Business Success Seminar
Learn The Secrets Of How You Can Get Rich On The Internet! Earn Up
To $350,000 Plus Per Year With This Exclusive Program!
No Selling, Recruiting, Typical Mail Order, MLM, Cash, Credit or Experience Required!
Without a Huge Investment! - Without a Lot Of Time! - Without Risk!  

 

AmeraDream Corporation
400 lakeshore Drive
Boulder, CO. 80302
Phone 303-747-7840
Fax 303-484-4595
For any information about our products, contact:
© 1989-2006 AmeraDream Corporation