Dominique grubisa . Real estate rescue

Discussion in 'Property Experts' started by the world is your oyster, 8th Oct, 2016.

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  1. Uni

    Uni New Member

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    Hi Elives,

    I am just wondering about dominique grubisa course, did your parents do the course? do they still practise her methodology?
     
  2. Angelique

    Angelique New Member

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    I don't know how she proposes that you contact the people on the list of court hearings. I am able to locate the list from the court but it only provides names and no addresses. You cannot search for a title of land without the address at least. I have asked several lawyers about how to obtain their address and they don't seem to think it's possible. Is this Dominique lady just pulling everyone's legs about locating this info? I am in Vic and I believe it is not possible here
     
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  3. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    If you know their name you could possibly do a RP data search. But you would not know the suburb which might make it harder. You would know the name of the lender so you could narrow it down and then start doing title searches and find the address of the property that way - no guarantee they will even live at the property though.
     
  4. 1961

    1961 Member

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    I would like to buy a copy of her course
     
  5. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Are you asking to steal it ? That may not be legal
     
  6. Oli

    Oli New Member

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    Hi Everyone, I've attended Dominique's Real Estate Rescue seminar in Brisbane (22nd August 2017).

    What I liked:

    -Buying distressed property
    -Trying to create a win/win
    -Opportunities where you can stand in the legal shoes of the owner and steer the property out of a negative situation towards a less negative situation or potentially positive one.
    -A partnership opportunity where even if you don't have money, a deal can be presented and for a successful one, a 55/45 partnership is on the table.
    -Formed legal documents you can use from day one
    -A team you can access
    -Curated court registry data (WA and SA only) that's uploaded to the forum.
    -Teaching on how to search and review the court registries of each state that's not uploaded.
    -A team that can help negotiate and structure deals.

    What I think requires more research:

    -Where are the actual student reviews of her course? Dominique and her team seem to go to great lengths to scrub the internet of any criticism. On this forum and others
    -One of the points (and there were many) was that she had done a lot of work building this process and had patented it. She showed the crowd a slide with her patent. Dominique emphasised the 25 years she was condensing and giving us in 3 days hands on workshop.

    -A search of the Australian Patents Office shows she did not renew this patent. Why? Dominique worked so hard to convince the patent office she had something unique, new, special and worth protecting from copy. Then failed to pay the renewal fees 3 years after receiving the patent. Dominique then tells everyone in a seminar 2 days ago, "i have all this knowledge and I patented it". That sounds hollow and not all the information I'd like. Its very different to me to evaluate investing in protected knowledge that's going to give me the edge, when the patent holder doesn't want to re-invest in maintaining the patent. But is happy to use that as a sales benefit on a slide in front of probably more than 100 people.

    -I've had 3 calls now with different members of her team. Everyone of them is well meaning but keep referring me to others in the team. I've raised the patent issue with them and ask for an explanation. None coming because they don't know, not because they don't want to say. I'm expecting a call sometime from the Operations Manager.
    -I want to speak to actual students who are doing this course right now. Not edited videos showed during a presentation from supposed students of the past. Where is the 'product review.com.au' of Dominique Grubisa. The good and the bad.

    IP Australia: AusPat Search Results

    Do I think Dominique is a liar/fabricator/teller of half truths? No. She is probably one of the better presenters and knows her ethical obligations better than most. She shared practical strategies. There was no time for me to answer questions personally but I'm sure she would have taken the time if I'd hung around.

    I think she's got some really good content and knowledge and I'm curious to know more.

    Dominique, if you're reading this, I liked your presentation and I think it was very timely given the Four Corners report on Mortgage Stress. There could be great buying opportunities and opportunities to create win/win's for stressed mortgage holders.

    Are there any current students out there?
     

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  7. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Hard to see how a process that is prescribed by courts can be patented. That may be like me developing a process for ending marriage and I seek a patent over what is called divorce.

    Statements made at information / knowledge etc property seminars have been targeted by regulators and they seek explanation for comments that are considered misleading often in conjunction with other comments. Many people at these seminars have been found to embellish and misrepresent facts but not all !!. Often more than one misleading issue surrounded b by genuine fact - They paint a picture that comprises embellished facts and ommitted knowledge so that what seems so easy is not or specialised skills and knowledge are needed. I'm not suggesting the named persons have done that but you raise the factual difference between "I have a patent" and "I have previously applied for a patent and withdrawn it"....For a lawyer to make the error between the two positions is a bit different to a mug who doesnt know better. Your question is reasonable.

    This behaviour was clearly highlighted in the recent judgement against Rick Otten (We buy Houses for $1) and the warnings given should be read and understood as a caution to anyone attending seminars, courses etc. The specific concern is - if such a process is simple and profitable why would you share your expertise ?

    The nature of what Otten was doing and finding distressed owners seems similiar and there may be something to learn in this. I dont know. Here is information on the Otten decision....It may have some or no relevance for your purposes.

    Rick Otton found guilty of deceptive conduct

    I also see no current approved patent (below). One very new filing re developing and a lapsed one re the rescue process. Keep in mind too patents costs a mint. Sometimes people file a patent so that for three years or so it sets up a roadblock for others. They allow it to lapse to avoid the high costs. Maybe the process didnt work too ? I have no idea.

    1 2017101111 A process for small residential property development Grubisa, Kevin Micha MR Grubisa, Kevin Micha; Grubisa, Dominique 2017-08-16 FILED
    2 2014101246 A legal process which enables non-resident Australians to invest in property in Australia safely and securely. Grubisa, Dominique Eva MRS Grubisa, Dominique Eva 2014-11-20 CEASED
    3 2012100755 Real Estate Rescue Process Grubisa, Dominique Eva Mrs Grubisa, Dominique Eva 2012-05-24 CEASED
     
    Last edited: 25th Aug, 2017
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  8. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    There is a good bunch of threads here to review which even mentions that PropertyChat can be a good source of information on property related scams. The listing includes a long list of good and bad in property and the named person is there but certainly no black marks are evident.

    #3 BiG Book of Property Investing Strategies and Gurus - Andrea Davies
     
    Last edited: 25th Aug, 2017
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  9. Redwing

    Redwing Well-Known Member

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    Sean Summerville also runs Distressed Property Australia and Fortunes In Foreclosures
     
  10. Redwing

    Redwing Well-Known Member

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    Not a recent update, so must be more of a promo

    How Sydney woman Dominique Grubisa went from riches to rags to riches again in just three years

    DOMINIQUE had it all, then lost everything. But in just three years, she turned her life around. Now she’s living the dream — again.

    BEFORE the GFC hit, Sydney parents Dominique and Kevin Grubisa were living it up with a thriving, seven-figure business renovating and selling property.

    But in 2008, everything fell apart.

    The couple had around 15 properties at the time, and were drowning in “tens of millions of dollars” in debt.


    “I love what I do now, but looking back, what we were doing then was wrong — we were tens of millions of dollars in debt and my husband would worry and not sleep at night.

    “I used to tell him not to worry, and that the property market only ever goes up — but it was one big Ponzi scheme and we were living off debt. Now I feel at peace, I feel I’m adding value to other people.”
     
  11. harry dawood

    harry dawood New Member

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    I am one of many victims who paid $6000 for Real Estate Rescue workshop with Dominique Grubisa.
    In my opinion, this is a big waste of money, this program depends on searching for names in court cases and aim to match it with RPData tool, then send letters to owners.
    In theory, this is a fantastic idea but the problem is the RPData require full address or suburb with surname to qualify the search and that is not available in the court list.
    I am very surprised that the government is not doing anything to stop this.
     
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  12. Dark Phoenix

    Dark Phoenix Well-Known Member

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    Hi,

    Did you decide to go ahead with the guru? Please do you mind telling us the experience if you have done the course as until recently there was a dispute between Dominique and her graduates. I am thus quite indecisive. Thank you!

    Cheers,
     
  13. bob shovel

    bob shovel Well-Known Member

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    That's a pretty big warning sign! Buy a few books and donate the rest to charity
     
  14. bob shovel

    bob shovel Well-Known Member

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    I have noticed she has been hitting the fb marketing pretty hard. I always see her ads .
    Recently she was spruiking with other "guests" i messaged the reputable guests to confirm. No one got back to me but she now has a new ad compaign. All of which are are not getting much feedback
     
  15. Dark Phoenix

    Dark Phoenix Well-Known Member

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    The reason being when I did my due diligence (just my habit before investing) online about her, this essay-long comment on Quora struck me as something strange going on. The guy's name is Andrew. He created a facebook group i.e. DG Institute Graduates Independent regarding her failed product, which caused investors massive losses in a takeover project.

    Anyone who did the course, please kindly help confirm! Thank you in advance!

    Cheers,
     
  16. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    What is Quora?
     
  17. consumerrights

    consumerrights Member

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    My concerns focus on distressed home owners who may be exploited by some of her strategies - I've seen this before with teachings of another 'guru'. I've written about this here.
    http://thenaysayer.net/2018/09/07/real-estate-rescue-dominique-grubisa-and-dg-institute/ …
     
  18. Illusivedreams

    Illusivedreams Well-Known Member

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    I actually don't feel bad for Students?

    The students that attend are looking for a:
    1. Loop hole to paying full fair price
    2. Targeting people in distress
    3. If a property sell at auction the property gets fair full value on day. If you buy under value its hurting a party already in pain. The party is loosing money and now you offer them even less than its worth just so they get out.
    4. Finding people in the worst position and than doing deals.

    SO I feel little sympathy if you are not getting results.
     
  19. Andrew Drysdale

    Andrew Drysdale New Member

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    Hi Dark Phoenix, just touching base to follow through on the comments you've posted about the failure of the Dominique Grubisa (DG Institute) Power of Attorney that she promotes as irrevocable with her Real Estate Rescue Program. Sorry the initial thread was so long. Right now there are more than 340 DGI graduates who are now members of this consumer advocacy page, many now seeking refunds for the failed product. We've now received confirmation from QLD, NSW, Victoria, SA and WA that none of the state governments will support the irrevocability of her product. However, she still refuses to recall or fix the problem - citing that because she believes the governments are wrong and she is right then all consumers should just take her word for it that all will be well. That's like buying a car from a manufacturer that says, "my airbag should work in theory, but if and when it fails (eg: Takata airbag failure) the loss (of life, limb and cost) is the consumer's to bear". Honestly, who would buy such a product. Ms Grubisa is now being investigated by the NSW Office of the Legal Services Commissioner and the NSW Law Society. She has also taken to publicly defaming and threatening graduates like me that speak up. A real piece of work! Our Facebook page holds all the evidence to prove that what Ms Grubisa is doing is illegal. Happy to answer any and all questions. Cheers, Andrew
     

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  20. Andrew Drysdale

    Andrew Drysdale New Member

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    Hi, and thanks so much for sharing your thoughts here. I can completely understand why you wouldn't feel sympathy for anyone using these strategies. That said, when I took a closer look at the way in which the lenders (financial institutions) have the mortgagee sales process tied up to cover their end completely it changed my perspective. I had no idea that the lenders don't give anything back to the vendor when they repossess a distressed property.

    I think with any venture the use of the tools (and that's all they are) relies on the integrity of the people using them. I've come across plenty of so called legitimate real estate agents, mortgage brokers, lender mortgage insurers, and lenders who are all part of the same industry and who have used the legitimate legal tools available to their advantage while the distressed vendor drowns in their debt.

    We came across a distressed property in Brisbane, where the vendor was a mum of a 4 yr old boy. She was completely down on her luck. she'd lost her family business and all but lost her self worth completely. She had >30 cubic meters of rubbish and filth inside the house - if you can even imagine what that might look and smell like. Her son hadn't eaten a proper meal in over a week, when we met her. She had defaulted on her mortgage of only $140k. The house was partially renovated but was essentially a construction site with no certificates of habitation. No kitchen, barely a bathroom, swimming in filth. If the lender had got the house and cleaned it up for auction they could have got around $550k. In the state we found it, you'd be lucky to get land value of around $400k. The sheriff was within 72 hours of kicking her and her son to the kerb, changing the locks and seizing the property for the lender.

    So what did we do? We:
    * Paid out her mortgage including all arrears and legal expenses - thereby rescuing her credit rating;
    * Paid her $30k in cash to help her get up and going again;
    * Bought her a new car of her choice
    * Bought her $5k of brand new furniture
    * Paid for a brand new rental property for her to move into for 6 months and paid for the removal;
    * Bought a pantry load of food, new washing machine and so on
    * Guaranteed her an additional $200k when the house was fully renovated and on sold at auction.

    In total she was set to receive over $410k worth of benefit. Not bad for someone who was 72 hours away from living on the street. We put ourselves out there to help this woman and her child. We didn't prey on her darkest time to benefit ourselves.

    So what went wrong? The DG Institite (DGI) Real Estate Rescue product we used (prepared by the architect herself Dominique Grubisa) failed to protect our interests when the vendor got greedy and changed her mind, deciding that she didn't want the $200k at sale - she'd simply break into the house and seize it by cancelling the supposedly irrevocable power of attorney that DGI purports to protect our rights. Guess what - it doesn't. The QLD government, and now 4 other state governments, support the revocability of the DGI POA. That means it's a flawed product and the real villain here is Dominique Grubisa, where she continues to flog this broken product, citing that because she disagrees with the government's take on her POA it's the consumer's problem to solve.

    So tell me - what would you have done if you had the chance to help a woman and her child? Would you have said, "no bugger her, I'll wait till the auction and pick up the property for a fair price then. Who cares if the lady is now destitute and living in a hostel or on the street. Not my problem - I just want to buy the property for a fair price."

    We chose to help her and we got screwed because the DGI POA and the RER product is broken. Now we're fighting to keep ourselves from losing everything.
     
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