flipping houses 101: how to make huge profits fixing & flipping with no money or credit

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Flipping Houses 101 How to Make Huge Profits Fixing & Flipping with NO Money or Credit

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Page 1: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Flipping Houses 101How to Make Huge Profits

Fixing & Flippingwith NO Money or Credit

Page 2: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Did you know …• The average gross return on investment (ROI) — the

average gross profit as a percentage of the average original purchase price — is about 34% for completed home flips

• The top five counties for flipping to baby boomers are all in Florida

• States with highest share of home flipping as a percentage of all single family home and condo sales were Nevada (8.4 percent), Florida (7.9 percent), Alabama (7.5 percent), Arizona (6.9 percent), and Tennessee (6.6 percent) RealtyTrac

Page 3: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Real Estate is Soaring

Page 4: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Today You will learn• Marketing Strategy to Attract Motivated Sellers

• How to Make offers that will create Win-Win Situations for You and the Sellers

• Build a Cash Buyers’ List that will Allow you to do Fast Closings

• Luxury Properties – The True “Golden Nugget” of High Profits with Low Competition (and still you don’t need any of your money or credit!)

Page 5: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Why This Info is Important to You• Recognize there is more money in Fix & Flip –

- where to start(?);

• Don’t leave “money on the table” – the 4 outcomes of real estate investing;

• Make more money with less deals/work;

• You have no money or credit;

• Overwhelmed, paralysis of analysis …Deal + Private Money = Big Profit

Page 6: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

About Me …

Profession:Real Estate Investor and Mentor

Developed Several real estate strategies

from personal experience

Started: REI 1987Real Estate Broker & Investor

Page 7: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Empowering Investors…

Organizer of Real Estate Investors Expos

Laura with Robert Allen, author of “Nothing Down”, “Multiple Streams of Income” and more

Page 8: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Empowering Investors…

Organizer of Upcoming 2016 Exposwith Realty411 Investors Magazine

Page 9: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Empowering Investors since 1997…

I Organize & Run Real Estate Clubs:

• Chicago • St Louis• Indianapolis• Atlanta• Tampa• South Florida (Miami & Fort Lauderdale)

Page 10: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

5 Principles of Wealth

1. Believe It Is Possible

2. Think Like the Wealthy

3. Overcome Obstacles & Take Action

4. Focus & Strategize

5. Never Stop Learning & Adapt with the

Times

Page 11: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Key Concept …

Page 12: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Empowering Investors since 1997…

Miami & Fort LauderdaleReal Estate Club

Monthly Meetings since 2012

Page 13: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Fix & Flip

Page 14: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Fix & Flip

Buy Low, Sell Retail

Use Asset Based Lending

Control the Transaction

Page 15: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

My “First” Fix & Flip

Purchased with Hard Money in 1992 for $35,000Rehab Cost – $12,000Other Fees - $6,000Sold For - $67,500

Profit to Investor (me) $14,500 after closing costs

Page 16: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Delinquent Property Taxes

Foreclosures

My 3 Favorite Ways to Locate Properties

Demographic Searches

Hines.com

Page 17: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Key Factor

Control YOUR Transaction

Page 18: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Did you know …

What is a Private Money Lender?

Definition: A private money lender is a non-institutional (non-bank) individual or company that loans money, generally secured by a note and deed of trust, for the purpose of funding a real estate transaction. Private money lenders are generally considered more relationship-based than hard money lenders.

Page 19: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Advantages of Private Money

Private Money

Hard Money

Fast EasyAccess

Page 20: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

What properties can you buy?

Residential (Single and Multi)Commercial (5+ units, offices, land)Foreclosures, Short Sales & REO

• Wholesale• Flip

Short Term

• Buy and Hold• Hard Money

Long Term

Page 21: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Research Cash Sales in your Area

Private Lenders - The Money Tree

Page 22: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Why using Private Money?

Private MoneyPurchase & Rehab$180,000

Sold for $265,000

Profit $58,000

Lender Received$205,000

$33,000 Residualto Investor (me)

Page 23: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

The 3 Key Ingredients

FinancingQualified BuyersProperties

• “Don’t Wanters”

• Asset Based Lending

Wholesaling• Cash Buyers• Repeated Buyers

Fix & Flip • MLS or FSBO

Page 24: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Interesting Trend …

High End/Luxury Real Estate

Page 25: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Why Invest in Luxury Real Estate?

The market for luxury real estate is strong and growing.

Luxury home sales in many vacation communities across the U.S. are soaring, driven by cash purchases and rising stock portfolios.

The resurgence of the upscale-home market is expected to accelerate due to increasing investor confidence and the targeted marketing of properties to the very affluent.

The wealth of the world’s richest people is at an all-time high, according to Forbes, therefore the potential market for luxury properties is larger than ever.

Page 26: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Why Invest in Luxury Real Estate?

Virtually No Competition!

Page 27: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Key Factor to Real Estate Success

Implement a Proven Successful Process

Page 28: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

The 5 Steps Process

1. Research Area & Find Qualified Buyers2. Find Motivated Sellers3. Set Up Lead Generation Systems to

Follow Up and Sort Deals4. Offer Property Deal & Negotiate5. Close (with Closing Coordinator)

Page 29: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Key Factor to Real Estate Success

Implement Sustainable & AutomatedLead Generation Channels

Page 30: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

The Key Factors to Real Estate Success

Automated Lead Generation

Delegate

Expand Process

Page 31: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

The “System”

• Free Leads• Direct Mail or

Phone

Marketing

• Landing Pages• Answering

Service

Lead Intake• Follow Up• Autoresponder• Software CRM

Contact Management

• Right Strategy• Close

4 Outcomes

Page 32: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

The 4 Outcomes of RE Investing

Wholesaling

Assignments

Buy & Hold

Fix & Flip

Page 33: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Maximize your Profit Potential

Page 34: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Key Concept …

Simplicity Produces Results

Page 35: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

The “System”

Page 36: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Case Study

“2015 has been my best year in wholesaling ever!With Laura’s help I have been able to exponentially grow my business.I have presently over 20 properties under contract and I am actively wholesaling in 7 markets around the Country.”

Chris Bairdchrisbairdconsulting.com

Page 37: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

What Are YOUR Numbers?

How Much Money Do You Need to Make to Feel

Financially Independent?

Page 38: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

What Are YOUR Numbers?

30% of Your Offers Accepted (Beginner)

Pick 1 Property for Buy & Hold

(every quarter)

Wholesale and/orFix & Flip

Page 39: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

6 Figures the First Year in Real Estate

• 3 or 4 Fix & Flip “Regular” Deals

• 1 Luxury Real Estate Deal

• 1 “Regular” WholesaleDeal a Month = $10k+

Page 40: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

FACT – Abundance of Money

Baby boomers with abundant IRA accounts.Real estate investments are preferred to other

investments.Foreign investments.

Page 41: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

FACT – Abundance of Inventory

Housing and mortgage crisis have produced an all time high

of distressed properties:foreclosures, abandoned, REOs,

tax delinquent and more.

Page 42: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

FACT – Abundance of Inventory

It is easier than ever to locate propertiesand owners,

due to widespread use of technology and tools.

Page 43: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Case Study

Dear Laura, Thank you for sharing your knowledge with us. In May, 2016 I was invited to a Meetup where you where giving a Seminar, and I didn’t signed because at that moment I was completely broke, Two month late in my car payment and one month late in my rent., When I arrived to my house, I visited your webpage, and found you have a course broken in six month payments. I had only $400 in my bank account, and made a decision that I don’t recommend anybody to do, but I followed my intuition.I said to myself: “$400 is not enough to cover my debts, but $200 dollars invested in this course may change my life”. So, I purchased the Rapid REI Riches Bootcamp. Two weeks later I signed a deal with another of your students and did a wholesale deal for a little more than $10,000 profit. It took me a little more than a month to close, because the buyer needed financing, but we finally closed.I paid all my debts and am working in my next deal. Thanks a lot, Laura for sharing with me that valuable knowledge. You really saved my life.”Alexander Hernandez – Miami, Florida

Page 44: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Key Factor #5 to Real Estate Success

System Accountability Success

Page 45: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

This is What’s Keeping You from Success

• Ineffective Process

• Do not find the right deals

• Strategy Hopping The “Next” Shiny Object Syndrome

• No Control of the Transaction or Funding

Page 46: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Rapid REI Riches

Page 47: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Rapid REI RichesVery

LimitedOffer!

• Successful Proven Process;

• A simplified approach to real estate investing;

• Private funding resources;

• A “Business in a Box” System • Sustainable and automated tools for lead generation• Branding• Your personal assistant and closing coordinator• … and much more

• The right mentor

Page 48: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Rapid REI Riches

•6 Modules Intensive Online TrainingTraining•100% Funding up to 360 days

(“Soft”)•70-80% ARV for 2 years (“Hard”)•No Credit or Income Verification•*New* List of Local Private Lenders

Funding Partners

•12 months Email Support•12 months of One on One Coaching

Calls•12 months Step-by-Step Training Site•Tools and Resources

Coaching

Page 49: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Rapid REI Riches

Module 1 Business Organization and Team Development Real Estate Business Flow Mindset of a Successful Investor – A Strategic Plan Module 2 Building a Qualified Buyers’ List and Exit Strategies How and Where to Locate Distressed Sellers Negotiation Skills and Role Playing

Module 3 How to Analyze a Deal and Submit Offers Creative Funding Resources – How to Raise Private Money Laura’s Secret Strategy – Sell Any Property in 3 weeks or less

Page 50: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Rapid REI RichesModule 4 Wholesaling and Virtual Wholesaling Strategies Buy & Hold – The Complete Plan Fix & Flip using OPM Laura’s Decision Process Cheat Sheet

Module 5 Tax Delinquent Property – The “Golden Nugget” Business Automation & Marketing Strategies Marketing Secrets – Online and Offline

Module 6 Luxury Real Estate InvestingBonus – Save Thousands with this Training alone!

Due Diligence Checklist How to Do Your Own Title Search

3 Week Action Plan – Make Money in Less than a Month!

Page 51: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

ResourcesReal Estate FormsAdvertising ScriptsReal Estate Financing (Financing Placement)Hard Money Lenders, Proof of Funds Letters and Transactional FundingReal Estate Calculators and ToolsReal Estate ProfessionalsReal Estate Marketing StrategiesWebsite Templates Grants DirectoryREO Banks Directory… and much more

Page 52: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Why is this Limited? Very LimitedOffer!

• Only offering this as availability allows;

• I reserve the right to choose whom to workwith at this level;

• Bonuses and exclusive resources to guaranteeyour success.

Page 53: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Quick Start Setup Done For You(Value $2,500!)

Create the 3 Main Social Media Profiles & a Fan Page

Create Your Lead Generation WebsiteHelp you Set Up Syndication to Sell over 20+

SitesSet Up Your Own Closing Coordinator

Set Up with Virtual Assistant Set Up your Direct Marketing System

Page 54: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Lead Generation & Management Software

(Value $797)Online Lead Finder

Leads Organizer, Negotiation & Follow UpWeekly To Do List (Backoffice)

Exit Strategies Calculator & Worksheet Real Estate Forms

Contracts Management TooleMail Campaign System

Page 55: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

How to Locate Private Money(Value $997)

How to Locate "Money Partners"Legal Organization - "Easy" Setup Formula

Preparing Acquisition Proposals and PaperworkThe "Easy" 5 Step Process

Managing the Private Lenders PoolJUMPSTART Bonus – List of Local Private

Lenders

Page 56: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Luxury Real Estate Investing(Value $597)

How to Locate High End Distressed SellersWhere to Find High End Cash Buyers

Wholesaling & Flipping Luxury Real EstateThe “Secret Formula” to High End Real Estate

I am the ONLY Mentor in the Country for Luxury RE

Page 57: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

Complete Support Very LimitedOffer!

What is included in the Program: •Personalized Action Plan •Unlimited One on One Calls Monday through Friday •Unlimited eMails •Accountability & Follow Up •Closed Elite Forum Group •Step by Step Modules Training Online •TeleClasses and TeleConference Calls •Mastermind Sessions with Elite Students Only •JV Partnership Option on Local Deals

Page 58: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

6 Modules - 1 ½ hours eachPresented LIVE and via Online Training

Rapid REI Riches

>> Special Price <<$2,500

and $500 a monthor

20% off one time payment

Page 59: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

LIVE WORKSHOP

ALL DAY TRAININGFort Lauderdale

Rapid REI Riches

August 13th 2016

Page 60: Flipping Houses 101: How to Make Huge Profits Fixing & Flipping with No Money or Credit

… recap – Rapid REI RichesLIVE Training with Hands On Instruction (Recorded & Lifetime Access with updates)

1 Year Support and Partnering on Deals Option

Downloadable Contracts, Forms and Scripts

Bonus – Today Only!

Until you close your first deal Guaranteed!