seminar for realtor partners and investors
DESCRIPTION
Presentation on to help Real Estate Agents increase their business. To make it easy for individual investors to understand their mortgage, how it can affect their overall financial plan. Why investing in Real Estate is a safe bet.TRANSCRIPT
11
Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
““Real Estate Millionaire Club” Real Estate Millionaire Club” Convention -- January, 2006Convention -- January, 2006
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Mortgage & Real Estate Investment Strategies to Build Wealth
Presents:
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Robert Ratimorszky – Starpointe Robert Ratimorszky – Starpointe MortgageMortgage
My Experience:My Experience:
5 years as a Practicing Mortgage 5 years as a Practicing Mortgage PlannerPlanner
Illinois Licensed Mortgage Loan Illinois Licensed Mortgage Loan OriginatorOriginator
50 Millions Dollars in loans under 50 Millions Dollars in loans under managementmanagement
Real Estate InvestorReal Estate Investor
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
– – Starpointe MortgageStarpointe Mortgage
Why I am here tonight:Why I am here tonight:
Partner with 250 clients (like you) Partner with 250 clients (like you) and, over the next 10 years, help and, over the next 10 years, help them create $1,000,000 or more in them create $1,000,000 or more in equity that produces a monthly equity that produces a monthly passive income of $15,000.passive income of $15,000.
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Tonight’s ObjectivesTonight’s Objectives
• Challenge/Enlighten
• Review the 7 main reasons to invest in Real Estate
• Learn the 7 keys to successful Real Estate investing
• Learn the basics of an Investment Real Estate Business Plan
• Start to build Wealth Through Real Estate
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
What we won’t do tonight!What we won’t do tonight!
Try to sell you any books, tapes, or Try to sell you any books, tapes, or seminars!seminars!
Blow smoke at you about “investing in real Blow smoke at you about “investing in real estate with no money down”!estate with no money down”!
Promise or promote any idea we have not Promise or promote any idea we have not used ourselves!used ourselves!
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Your Home and It’s EquityYour Home and It’s Equity
No Mortgage is good, right?No Mortgage is good, right?
I “should” always pay extra on my mortgage, I “should” always pay extra on my mortgage, right?right?
I “should” get a 15 year, fixed rate mortgage, I “should” get a 15 year, fixed rate mortgage, right?right?
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Wrong!Wrong!
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
The “Meaning” of The “Meaning” of Debt Debt FreeFree
Pay off Mortgage
Become Debt Free
Achieve Financial Freedom
Make your life dreams come true
Make a difference in the lives of
your loved ones
Care for elderly parents
Provide education &
opportunities for children
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
The Meaning of The Meaning of Debt FreeDebt Free
Having no mortgage (traditional thinking)
Having, but not needing to have a mortgage (new paradigm thinking)
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
The Impact of Leverage on The Impact of Leverage on Your HomeYour Home
No Mortgage With Mortgage
Home Value $500,000 $500,000
Mortgage Balance - $350,000
Home Appreciation
3% 3%
Invested Equity $500,000 $150,000
Home Value – 5 Years
$580,000 $580,000
Rate of Return onEquity
3% 10.7%
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
The Impact of Leverage on The Impact of Leverage on Your HomeYour Home
No Mortgage With Mortgage
Investment Assets - $350,000
Interest @ 6% - $21,000
Tax Ded. @ 31% - $6,510
After-tax Interest - $14,490
7% Invest. Yield - $24,500
Invest. - 5 Yrs - $490,893
Home Value - 5 Yrs $580,000 $580,000
Mortgage - 5 Yrs - $350,000
Net Worth - 5 Yrs $580,000 $720,893
Extra Wealth - $140,893
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Recommended Reading:Recommended Reading:
““Missed Fortune 101” by Doug AndrewMissed Fortune 101” by Doug Andrew
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Why Invest in Real Estate?Why Invest in Real Estate?
1.1. Positive Cash FlowPositive Cash Flow
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
The Option ARMThe Option ARM
Option ARMOption ARM 2.90 Index
+ 3.10 Margin
= 6.00% Interest Rate
Option ARMOption ARM 3.10 Index
+ 3.60 Margin
= 6.70% Interest Rate
Primary Residence – 80% Financing:
Investment Property–90% Financing (No PMI):
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
The Option ARMThe Option ARM
Deferred InterestDeferred Interest Interest Only Fully Amortizing
Option #1Option #1 Option #2 Option #3
1.375% 1.375% 6.00% 6.00%
$1187 $1750 $2098
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
The Power of Deferred Interest!The Power of Deferred Interest!
Since 1970, homes in our market have achieved Since 1970, homes in our market have achieved average appreciation of 5% per year.average appreciation of 5% per year.In the preceding example, you could potentially defer In the preceding example, you could potentially defer $563 per month ($1750 interest only payment minus $563 per month ($1750 interest only payment minus $1187 minimum payment) to your mortgage balance, $1187 minimum payment) to your mortgage balance, which would equal $6756 in a 12 month period.which would equal $6756 in a 12 month period.During that same 12 months, if your $500,000 home During that same 12 months, if your $500,000 home appreciated 5%, you would gain $25,000 in new equity.appreciated 5%, you would gain $25,000 in new equity.Subtracting the deferred interest, you have still realized a Subtracting the deferred interest, you have still realized a net gain of $18244, plus you have leveraged the $6756 net gain of $18244, plus you have leveraged the $6756 into another higher and better use! into another higher and better use!
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Interest Rate HistoryInterest Rate History
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
How This Strategy Can Work For YouHow This Strategy Can Work For You
• Investment Real Estate
• Primary Residence
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Why Invest in Real Estate?Why Invest in Real Estate?
1.1. Positive Cash FlowPositive Cash Flow
2.2. Tax AdvantagesTax Advantages
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Tax Advantage #1Tax Advantage #1DepreciationDepreciation
Depreciation allows you to deduct a certain portion of thepurchase price of an investment. This effectively offsets some of the income that you receive from the investment and allows you to achieve a greater after-tax yield.
Only the value of the improvements, not the value of the land can be depreciated. With residential properties (both single and multi-family), you can depreciate the value of the improvements over 27.5 years.
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Depreciation at WorkDepreciation at WorkDepreciation on a Residential Property
Purchase Price/Initial Investment: $250,000
Value of Improvements (75%): $187,500
Annual Depreciation (27.5 years): $6,818
Net Income (10% cap rate): $25,000Taxable Income: $18,182Income Taxes @ 35%: $6,364After-tax Income: $18,636
After-tax Return on Investment: 7.45% w/depreciation vs. 6.5% without depreciation
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Depreciation at WorkDepreciation at Work
Additionally, you may be able to “bifurcate” Additionally, you may be able to “bifurcate” the property, dividing the purchase price the property, dividing the purchase price into land value, improvements value, land into land value, improvements value, land improvements value, and personal improvements value, and personal property value.property value.
The advantage in doing this is that land The advantage in doing this is that land improvements and personal property are improvements and personal property are depreciated at a faster rate.depreciated at a faster rate.
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Tax Advantage #2 Tax Advantage #2 1031 Exchanges1031 Exchanges
Section 1031 of the Internal Revenue Code allows you to avoid paying capital gains tax on the sale of your
investment if you “exchange” the investment for another of “like-kind”. In other words, if you use the sales proceeds of a real estate investment property to purchase another real estate investment property of equal or greater value, you will not be obligated to pay capital gains tax on the
proceeds of the sale.
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Tax Advantage #2 Tax Advantage #2 1031 Exchanges1031 Exchanges
1. Roll Over Investments Indefinitely
2. Step-up in Basis Upon Inheritance
3. Time Limitations to Identify Property and Consummate the Transaction - see a CPA for details
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
1031 Exchanges at Work1031 Exchanges at Work1031 Exchange of a Real Estate Investment Property
Purchase Price/Initial Investment: $250,000Sales Price/Net Proceeds: $300,000Profit: $50,000Re-invested Funds: $300,000Capital Gains Tax @ 15%: $0
Sale of Investment Without 1031 Exchange Capabilities
Purchase Price/Initial Investment: $250,000Sales Price/Net Proceeds: $300,000Profit: $50,000Capital Gains Tax @ 15%: $12,500
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Why Invest in Real Estate?Why Invest in Real Estate?
1.1. Positive Cash FlowPositive Cash Flow
2.2. Tax AdvantagesTax Advantages
3.3. Property AppreciationProperty Appreciation
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Why Invest in Real Estate?Why Invest in Real Estate?
1.1. Positive Cash FlowPositive Cash Flow
2.2. Tax AdvantagesTax Advantages
3.3. Property AppreciationProperty Appreciation
4.4. Hedge Against InflationHedge Against Inflation
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Why Invest in Real Estate?Why Invest in Real Estate?
1.1. Positive Cash FlowPositive Cash Flow
2.2. Tax AdvantagesTax Advantages
3.3. Property AppreciationProperty Appreciation
4.4. Hedge Against InflationHedge Against Inflation
5.5. Investment DiversificationInvestment Diversification
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Why Invest in Real Estate?Why Invest in Real Estate?
1.1. Positive Cash FlowPositive Cash Flow
2.2. Tax AdvantagesTax Advantages
3.3. Property AppreciationProperty Appreciation
4.4. Hedge Against InflationHedge Against Inflation
5.5. Investment DiversificationInvestment Diversification
6.6. Psychological AssetPsychological Asset
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
6. Psychological Asset6. Psychological Asset
Which has more appeal to you?Which has more appeal to you?
This?This? Or This? Or This?
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Why Invest in Real Estate?Why Invest in Real Estate?
1.1. Positive Cash FlowPositive Cash Flow
2.2. Tax AdvantagesTax Advantages
3.3. Property AppreciationProperty Appreciation
4.4. Hedge Against InflationHedge Against Inflation
5.5. Investment DiversificationInvestment Diversification
6.6. Psychological AssetPsychological Asset
7.7. Positive LeveragePositive Leverage
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
7 Keys to Successful Real Estate Investing7 Keys to Successful Real Estate Investing
Determine Acceptable Level of LiquidityDetermine Acceptable Level of Liquidity
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
7 Keys to Successful Real Estate Investing7 Keys to Successful Real Estate Investing
Determine Acceptable Level of LiquidityDetermine Acceptable Level of Liquidity
Determine MarketabilityDetermine Marketability
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Determine Marketability (continued)Determine Marketability (continued)
You Need A Plan!
• Beginning to buy real estate without a written plan is akin to deciding to be jet pilot without getting your pilot’s license!
• You must assemble your “dream team” – mortgage planner, attorney, CPA, and insurance provider
• Starting small and leveraging the future appreciation is where most clients start
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
7 Keys to Successful Real Estate Investing7 Keys to Successful Real Estate Investing
Determine Acceptable Level of LiquidityDetermine Acceptable Level of Liquidity
Determine MarketabilityDetermine Marketability
Determine the Impact of LeverageDetermine the Impact of Leverage
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
The Impact of LeverageThe Impact of Leverage
No Mortgage With Mortgage
Home Value $200,000 $200,000
Mortgage Balance $0 $160,000
Home Appreciation
3% 3%
Invested Equity $200,000 $40,000
Home Value – 5 Years
$232,000 $232,000
Rate of Return onEquity
3.2% 16%
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
The Impact of Leverage (continued)The Impact of Leverage (continued)
No Mortgage With Mortgage
Rent $1,600 $1,600
Mortgage Expense $0 $733
Other Expenses $400 $400
Month Cash Flow $1,200 $467
Annual Cash Flow $14,400 $5,604
Sale Proceeds $32,000 $72000
Initial Investment $200,000 $40,000
Internal Rate of Return
9.8% 24.0%
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
7 Keys to Successful Real Estate Investing7 Keys to Successful Real Estate Investing
Determine Acceptable Level of LiquidityDetermine Acceptable Level of Liquidity
Determine MarketabilityDetermine Marketability
Determine the Impact of LeverageDetermine the Impact of Leverage
Evaluate Management IssuesEvaluate Management Issues
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
7 Keys to Successful Real Estate Investing7 Keys to Successful Real Estate Investing
Determine Acceptable Level of LiquidityDetermine Acceptable Level of Liquidity
Determine MarketabilityDetermine Marketability
Determine the Impact of LeverageDetermine the Impact of Leverage
Evaluate Management IssuesEvaluate Management Issues
Calculate the Rate of ReturnCalculate the Rate of Return
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Calculate Rate of Return (cont.)Calculate Rate of Return (cont.)
Return on Investment w/appreciation:(this is the calculation used while owning the property)
The Math:Cash flow before tax+principal reduction+Tax Savings+AppreciationCash Invested (Current equity position)
Example: (see worksheet)
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Calculate Rate of Return (cont.)Calculate Rate of Return (cont.)
Internal Rate of Return = The total actual rate of return of an investment when you take into consideration the initial investment, periodic cash flows and net sales proceeds. This is a time value of money calculation.
(This is the calculation used when the property is sold)
Example:
Initial Investment: $50,000Annual Cash Flow: $5,000Sales Proceeds: $65,000IRR: 14.49%
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Calculate Rate of Return (cont.)Calculate Rate of Return (cont.)
Internal Rate of Return Calculations (financial calculator):
N = Term (number of years that you hold the investment)
I% Year = Annual Interest Rate
PV = Present Value (initial investment = negative number)
PMT = Annual Cash Flow (negative or positive number)
FV = Future Value (sales proceeds)
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Calculate Rate of Return (cont.)Calculate Rate of Return (cont.)
Internal Rate of Return Calculations:
N = 5
I% Year = UNKNOWN
PV = (-$50,000)
PMT = $5,000
FV = $65,000
Internal Rate of Return (IRR): 14.49%
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
7 Keys to Successful Real Estate Investing7 Keys to Successful Real Estate Investing
Determine Acceptable Level of LiquidityDetermine Acceptable Level of Liquidity
Determine MarketabilityDetermine Marketability
Determine the Impact of LeverageDetermine the Impact of Leverage
Evaluate Management IssuesEvaluate Management Issues
Calculate Rate of ReturnCalculate Rate of Return
Consider the Tax ImpactConsider the Tax Impact
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
7 Keys to Successful Real Estate Investing7 Keys to Successful Real Estate Investing
Determine Acceptable Level of LiquidityDetermine Acceptable Level of Liquidity
Determine MarketabilityDetermine Marketability
Determine the Impact of LeverageDetermine the Impact of Leverage
Evaluate Management IssuesEvaluate Management Issues
Calculate Rate of ReturnCalculate Rate of Return
Consider the Tax ImpactConsider the Tax Impact
Understand, Calculate and Manage RiskUnderstand, Calculate and Manage Risk
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Understand, Calculate and Manage Risk (cont.)Understand, Calculate and Manage Risk (cont.)
Understand the Indexes1. LIBOR
- 1 month LIBOR (follows Fed Funds Rate)
- 6 month LIBOR (predictor 6 months from now)
- 1 year LIBOR (predictor 12 months from now)
2. MTA
- 12 month moving average of the monthly 1 year Treasury Index
MTA is more stable and slow moving than LIBOR related indexes
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Understand, Calculate and Manage Risk (cont.)Understand, Calculate and Manage Risk (cont.)
0
1
2
3
4
5
6
7
Dec, 0
3
Mar
, 04
June,
04
Sep, 0
4
Dec, 0
4
Mar
, 05
Jun, 0
5
MTA
1 Mo LIBOR
Prime Rate
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
7 Keys to Successful Real Estate Investing7 Keys to Successful Real Estate Investing
Determine Acceptable Level of LiquidityDetermine Acceptable Level of Liquidity
Determine MarketabilityDetermine Marketability
Determine the Impact of LeverageDetermine the Impact of Leverage
Evaluate Management IssuesEvaluate Management Issues
Calculate Rate of ReturnCalculate Rate of Return
Consider the Tax ImpactConsider the Tax Impact
Understand, Calculate and Manage RiskUnderstand, Calculate and Manage Risk
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Example Property Acquisition PlanExample Property Acquisition Plan
(see Handout)(see Handout)Background: Client owns two current rental properties currently and Background: Client owns two current rental properties currently and
has a primary residence with a $150,000 15 yr fixed rate mortgage. has a primary residence with a $150,000 15 yr fixed rate mortgage. This home is valued at $250,000.This home is valued at $250,000.
This client’s plan called for leveraging the most property for the least This client’s plan called for leveraging the most property for the least down payment. down payment. His goalHis goal is to amass $1,000,000 in equity in the is to amass $1,000,000 in equity in the next 10 years, creating enough passive income to pursue next 10 years, creating enough passive income to pursue investment real estate full time. investment real estate full time.
Under this plan, the borrower can leverage $525,000 in rental real Under this plan, the borrower can leverage $525,000 in rental real estate for $50,000. In addition, the client has created $553 per estate for $50,000. In addition, the client has created $553 per month in passive income, while decreasing their overall monthly month in passive income, while decreasing their overall monthly mortgage expense.mortgage expense.
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Our Goal Revisited:Our Goal Revisited:
Amass $1,000,000 in equityAmass $1,000,000 in equity
$15,000 monthly income $15,000 monthly income
Create that 2Create that 2ndnd or 3 or 3rdrd income that every income that every family needs to achieve their financial family needs to achieve their financial goals!goals!
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
What’s Next?What’s Next?
1. Decide if Investment Real Estate is right for you.
2. Pull credit report and improve scores (1 in 3 are incorrect)
3. Enroll in our Rate Watch Mortgage Management Program
4. Build your “Dream Team” (give me names!!!)
5. Write Your Plan
6. Start building wealth through Investment Real Estate!
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
““Real Estate Millionaire Club” Real Estate Millionaire Club” Convention -- January, 2017Convention -- January, 2017
I hope to see I hope to see youyou in Hawaii! in Hawaii!
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Robert Ratimorszky-Starpointe Robert Ratimorszky-Starpointe Mortgage Mortgage
[email protected] [email protected] 847-774-9657847-774-9657
Thank You!Thank You!
Thank you for attending my seminar. Thank you for attending my seminar. Honest, thoughtful feedback is the only Honest, thoughtful feedback is the only way I can improve what I do. Please take way I can improve what I do. Please take five minutes to complete the survey five minutes to complete the survey enclosed in your package. All surveys enclosed in your package. All surveys turned in this evening will be entered into a turned in this evening will be entered into a drawing for a complimentary drawing for a complimentary Missed Missed Fortune 101Fortune 101 book and a Texas book and a Texas Instruments Business Calculator.Instruments Business Calculator.