wholesaling and private funding - the fastest ways to profits
TRANSCRIPT
Workshop Agenda• Locate the “most” motivated sellers
• Legally take possession with only $1
• Use a Step-by-Step process - My 3 “Week” Action Plan • Super charge your learning curve
• Make $10k+ a month working 5 hours a week
• How and where to find Private Funding for Fix and Flip and Buying Rental Properties
Real Estate is the Best Investment!
Always need for shelter
Calculated Risk Tools & Information
Appreciation & Stability Historically & Tangible
US Net Worth Per Person
0
10000
20000
30000
40000
50000
60000
Real Estate Investments Cash
Statistics Courtesy Of US Census Bureau http://census.gov/people/wealth
About Laura …Profession:
Nationwide Real Estate Investor and Mentor
Developed Several real estate strategies
from personal experience
Started: REI 1987Real Estate Broker licensed in Hawaii, Missouri and New York
The “biggest” challenges for wholesalers
1. Does Wholesaling Still Work?
2. Generating Immediate Cash Flow
3. Time Management – What Strategies Should I Devote To In My Limited Available Time?
4. Building a Scalable Proven System
#1 - Does wholesaling still work?
•Understand the Concept Behind It“Sell Low, Buy Lower”
•Don’t Try to Reinvent the Wheel
•Be Ready to Adjust with the Times
#2 – Generating immediate cash flow
•YES! Wholesaling Can Be Your ATM Machine
•Personal Contact=Fast Results
•Believe in Yourself – You Can Do It!
#3 – Time management
•Focus
•One Strategy At A Time Under the Wholesaling “Umbrella”
•Look only for the “Don’t Wanters”
Where to Find the Non-Wanters?
• Owners getting behind on their taxes (2+ years)
• Owners getting behind on their mortgages
• Owners facing foreclosure – Tax or Mortgage – 30 days or less to auction
• “Driving for Dollars”– Abandoned or Neglected
but Occupied
Where to Find the Non-Wanters?
• “Blind” Ads on:• Craigslist• eBay Classifieds• Adoos
• Direct Marketing:• Elderly owners who own property for 10+ years
(Haines.com criss-cross directory)• Vacant Homes• Out of State Owners• Lis Pendens or NODs
** Always deal directly with the owner
• Regular Sale Contract ($1 Earnest)• Option Sale Contract
How to Control Property with $1?
Why using Private Money?
• Buy properties directly at auctions• Purchase property with 100% financing• Liquid-ready funds can secure bigger
discounts• Fix and Flip instead of just Wholesaling• Equity sharing using OPM• Become a hard money lender to other
investors
My name is Steve Grimes from Colorado Springs, CO. I have been working with Laura for over a year. Since I have been working with Laura, my business has increased. Her program gives you the information you need to be successful and she explains things in a way that just about everyone can understand. The greatest thing about her is that she cares about her students. Anytime that I have run into a problem and have asked her for help, I got immediate response and it was from her, not a staff member.
There are a lot of companies out there that charge more money to mentor people. However, they get to you when it is convenient to them, you usually get a staff member who doesn't know as much as you even, and they don't supply you with ongoing education like Laura does. I believe in investing in education and having a Mentor that you can go to should you have a question or problem. For me, that person is Laura Al-Amery. Steve Grimes
Colorado Springs, CO1st Choice Homes & Loans
Case Study
Joint Ventures
Sources of Private Money:• When you look for co-wholesalers• Research recent cash sales• Referrals by agents, mortgage brokers,
title companies• Networking – social media & club
meetings
Where is the money?
Action Plan
Step 1: Decide on a Geographical Area (zip codes, neighborhood)
Step 2: Decide on 1 Strategy at a Time
FocusDelegateAutomate
www.evernote.com
Action Plan
Step 3: Start Building your Buyers’ List** Buyers Dictate the Area to Focus On **
1 Strategy at a Timeo Cash Buyers Strategieso Drive For Dollarso Internet Lead Generation
• Social Media• Lead Pages – Investorcarrot.com
Step 4: Follow Up Strategyo Autoresponder – Getresponse.como CRM – Realtyjuggler.com
Action Plan
Step 5: Set Up Goalso 3 Contracts a Week (Wholesaling)o 1 Property a Quarter (Buy & Hold)o 10 Properties under contract by …
“Rule of Thumb” Profits:
$5,000+ per Wholesale Deal$2,500+ per Assignment$150+ per Door (Buy & Hold)
How Much Do You Want to Make?
$10k to $15k per month?1 or 2 Wholesale Deals
**$20,000** a month or more?2 Wholesale DealsAdd Buy & HoldSyndication
… don’t forget
Fortunes are Made in a Recovering Market
Low Cost of Starting a Business
92% of the Money is made in Real Estate
80% of Net Worth is from Real Estate (Census
Bureau)
Rapid REI Riches
• 4 Weeks Intensive Online Training
• Plus … 1 Bonus WeekBootcamp
• 100% Funding up to 360 days (“Soft”)
• 60-80% ARV for 2 years (“Hard”)• No Credit or Income Verification
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
… or until you close your first deal!
Rapid REI Riches
BootcampModule 1 – Week 1 Business Organization and Team Development Real Estate Business Flow Mindset of a Successful Investor – A Strategic Plan Module 2 – Week 2 Building a Qualified Buyers’ List and Exit Strategies How and Where to Locate Distressed Sellers Negotiation Skills and Role Playing
Module 3 – Week 3 How to Analyze a Deal and Submit Offers Setting Up Financing – Funding Resources Laura’s Secret Strategy – Sell Any Property in 3 weeks or less
Rapid REI Riches
BootcampModule 4 – Week 4 Wholesaling and Virtual Wholesaling Strategies Buy & Hold – The Complete Plan Fix & Flip using OPM Laura’s Decision Process Cheat Sheet
** Module 5 – Bonus Material Tax Delinquent Property – The “Golden Nugget” Business Automation Marketing Secrets – Online and Offline Bonus – 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!
•Personalized Action Plan!
Investor Support
12 Months Email Support
12 Months One on One Coaching Calls
12 Months of Online Training Site, with Access to Forms, Resources, Step-by-Step Tutorials
Weekly Accountability Follow Up Members Only Mastermind Meetings & Forum
… or until you close your first deal!
Funding PartnersAvailable only
to participants in program
Asset Based Lending “Soft” and “Hard” Money Lenders Partners
100% Funding on Wholesaling up to 1 year
60-80% Funding on Rehabs up to 2 years
No Credit or Income Verification
Resources
Real 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
Total Real Estate Investing Very
LimitedOffer!
Let’s Do a Deal Together!
Support & Consultation as Needed
and
Joint Venture PartnershipVery
LimitedOffer!
What is included in the Program: •Personalized Action Plan •One on One Calls as needed Monday through Friday •Unlimited eMails •Accountability & Follow Up •Extensive Training Coaching Site •Closed Elite Facebook Group •Bootcamp (Online) •TeleClasses and TeleConference Calls •Mastermind Sessions with Elite Students Only •Encouragement and Personal Opinion
$4,997
Rapid REI Riches4 Modules - 1 ½ hours each
Presented LIVE via Online Classroomand Recorded for your Convenience
>> Today Special Price <<Downpayment Only
$1,997 With Payment Plan
Cash Price$1,697
Quick Start Coaching Consultation(Value $250)
We Develop a Personalized Plan Together!
60 Minutes One on One
Real Estate Auctions
How to 'Use' All the Auction Outletsto Exponentially Grow your Real Estate Business
How to Generate Ready and Eager Leadsof Buyers, Sellers and Private Lenders
How to Sell any Property in 5 Days
Value $297