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Wholesaling and Private Funding - the 2 corner stones of real estate investing. Find out how to wholesale without using any of your money and make money with the "double dip" system. For more articles and online webinars, visit www.lauraalamery.com/blog
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Wholesaling & Private Funding
Why Invest in Real Estate?
What type of RE Investor are you?
•Beginner? No Experience at All
•Intermediate? Done Some Deals
•Advanced? Living Off Your Real Estate Investing Efforts
What to Expect?
• Where and How can You Find the Most Motivated Sellers?• How to Control RE with $1• How & Where to Find Private Money• Make $10k+ a month working only 5 hours a week
About Laura
Real Estate Investor and Mentor
Developed Several Real Estate Strategies
From Personal Experience
Started REI 1987Licensed Real Estate
Broker
My Reasons Why …
My First Year in Real Estate Investing
US Housing Forecast
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 Bank – 30 days or less to auction
Where to Find the “Non Wanters”
“Driving for Dollars” – Abandoned, Neglected but Occupied
“Blind” Ads on: Craigslist eBay Classifieds Adoos
Where to Find the “Non Wanters”
Direct Marketing: Elderly owners who owned property for 10+ years
Haines.com
Recent Success Story
How to Control RE with $1
$1 Options
Lease Options
Sale Contracts
Tax Delinquent Property Options
How to Control RE with $1
“Subject To” - Options - Lease Options
2 Types of Motivated Sellers
•Desperate and distressed – financial hardship:
lost job, health problems, some life changing situation, etc. (Subject To only)
•Non-desperate – relocating, inheritance, burned-out landlord, etc. (Lease Option also)
Metro Atlanta
Clayton County259,400 Cobb County 717,200Coweta County 133,200 DeKalb County713,300Douglas County136,400 Fayette County108,400Fulton County 984,300 Henry County 211,100
Total metro population 3,263,300 About 2% tax delinquent = 65,266 Tax Liens
These are all properties at riskAbout 10% of tax liens auctioned for Redeemable Tax Deeds = 6,526
Tax Delinquent Property
How to Control RE with $1
Tax Delinquent Property
1. Determine your geographic area 2. Get the list of property at risk (future or past auctions) 3. Sort the list for best leads 4. Market to the list 5. Negotiate and Close
Option with $1 - wholesale as any other property.
Step 1: Educate Possible Investors
Step 2: Sign Agreements and Disclosures
Step 3: Locate Properties
How to Find Private Money
Step 4: Form Legal Entity
Step 5: You as the Syndicator – - ResponsibilitiesFinding PropertiesAnalyzing DealsSupervising Construction (if needed)Selling or Securing Long Term FinancingManaging the Syndication Groups
How to Find Private Money
Syndicator Compensation
Consulting/Acquisition Fees1% to 5% or/and flat fee
Brokerage Fees (if licensed)Asset Management Fees
3% of Gross Revenues or Asset Cost
Maintenance & Construction FeesPercentage of Profit on Sale or Disposition8% to 12% goes to Investor10% to 50% of Equity goes to
Syndicator
Set Up a System
Use ToolsRealtyjuggler.comDotloop.com
Set GoalsExample:
o $20k monthly incomeo 2 Wholesale Deals a Montho Than Add 1 Buy and Hold a Quarter
3 Week Action Plan
Week 1
Set your Goals• Decide one strategy to pursue and
geographical areaGet Financing in Place• Transactional, Hard Money or
Portfolio LenderSet up Business Entity
Assemble your Team
Week 2
Start Building your Buyers’ List
Contact & Survey your Buyers’ List
• SurveyMonkey.com
Look for Properties matching Criteria
Week 3
Write Purchase Contracts
• At least 3 a week
Devise a Tracking System – Follow Up
Set up a One Page site and Market to your Buyers’ List – Laura’s Strategy• Postlets.com
“Rule of Thumb” Profit Potential
Wholesaling $5,000+
BirdDogging $1,000+
Assignments $2,500+
Profit Potential
$10,
What is Your Number?
Profit Potential$10k to $15k per month?
1 or 2 Wholesale Deals
$20,000 a month or more?2 Wholesale DealsAdd Buy & HoldSyndication
They gained the edge!
BMWInvestProperties.comDonna Wilson
KC, Missouri
“With Laura's supervision our company has made it to another successful close. How would $53,254.26 change your life?We are very passionate about what we do! Having a good mentor makes all the difference.”
“I met Laura and joined her coaching in 2011. I am glad to say that 2013 was a phenomenal year for me! I profited about $280,000 by wholesaling in Florida and Texas. I had joined other coaching programs before, but this is the first time I met a coach that fully supported and helped me break through!”George GalvinFort Lauderdale, Florida
Why Investing in Real Estate Now?
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 Week
Bootcamp
•100% Funding up to 360 days (“Soft”)
•60-80% ARV for 2 years (“Hard”)
•No Credit or Income Verification
Funding Partners
•6 months Email Support
•6 months of One on One Coaching Calls
•6 months Step-by-Step Training Site
•Tools and Resources
•** NEW – Online Mastermind Sessions
Coaching
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
Rapid REI Riches
BootcampModule 4 – Week 4 Wholesaling and Virtual Wholesaling Strategies Buy & Hold – The Complete Plan Fix & Flip – Don’t leave money on the table
** Module 5 – Bonus Week 5 (sign up in the next 60 minutes) Business Automation Marketing Secrets – Online and Offline (Social Media, Blogging, YouTube, Direct Marketing Success) Bonus “Unknown” Strategies
Researching Court Filings How to Do Your Own Title Search
3 Week Action Plan – Make Money in Less than a Month!
Investor Support
6 Months Email Support
6 Months One on One Coaching Calls
6 Months of Online Training Site, with Access to Forms, Resources, Step-by-Step Tutorials
Weekly Accountability Follow Up Members Only Mastermind Meetings & Forum
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
Coaching Tutorials
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
Live Online BootCamps
Rapid REI
Riches
Private Money
Syndication
Tax Delinquent Property
Live Bootcamp 6 Months of Full Coaching Support (Elite Level)
$4,997
Let’s Do a Deal Together
>> Today Special Price <<
$997+ 50% of First Deal or $4,000
(whichever is the least)25% on any additional deals
Total RE Investing Program
Lease Options & “Subject To” Complete Program
(Value $197)
Fast Action ... Bonus
BONUS!Only If You Sign Up Today!
How to Raise Private Money Now(Value $497)
Fast Action … Bonus
** NEW Course Module **Only If You Sign Up Today!
Real Estate Tools:o Property Evaluatoro Construction Estimator
Fast Action … Bonus #2
BONUS!Only If You Sign Up Today!
Quick Start Coaching Consultation(Value $250)
We Develop a Personalized Plan Together!
60 Minutes One on One
Investor Support
6 Months Email Support
6 Months One on One Coaching Calls
6 Months of Online Training Site, with Access to Forms, Resources, Step-by-Step Tutorials
Weekly Accountability Follow Up Members Only Mastermind Meetings & Forum
12
12
12
>> Today Special Price <<
$997+ 50% of First Deal or $4,000
(whichever is the least)25% on any additional deals
Total RE Investing Program
Total RE Investing Program
Recap …
Rapid REI Bootcamp – 4 Modules + 1 Bonus Module (Value $597)12 Months of Elite Coaching Support (Value $3,997)Referral of Funding Sources – Soft and Hard Money PricelessResources Website with Tutorials (Value $597)
Plus … Sign Up Today BonusesLease Options and Subject To Program – 4 Modules ($197)How to Raise Private Money Now – **NEW** ($497)Real Estate Tools Apps – Property Evaluator
Construction EstimatorQuick Start Coaching Consultation ($250)
TOTAL VALUE ALMOST $6,000 TODAY ONLY $997 Financing Available + Partnership