Real Estate 2021 - The "Crisis Effect" Means Quick Profits

 

 

Due to the crisis now upon us, as described below, unlike any other time in recent history, people who know a few simple strategies can make huge fortunes in real estate even if you have no cash or credit available and know nothing about real estate. Real estate investing is one of the best ways of putting money to work for maximum profits with little or no risk and is easy to learn (see "The Simple Man's Guide to Real Estate"). There is a reason why it always features prominently in the portfolios of billionaires and other sophisticated investors - it offers relative stability and attractive returns.

That said, 2020-21 is unlike any other years in recent history, unique in the circumstances surrounding real estate. The pandemic has changed much in both traditional investments and even business, and real estate is no exception. So, exactly how has the real estate landscape changed, and what is the best strategy for profits? That depends on whether you are buying a home for your family, rental properties, rehabs or real estate to flip for quick profits. Here are two situations that the COVID-19 crisis has created, followed by one of  the most effective strategy for taking advantage (there are 21 other methods, depending on your goal):

MASS MIGRATION:

If you get your news from outlets other than mainstream media like MSNBC, HuffPo, CNN and Washington Post, you are probably keenly aware of the civil unrest - riots, looting, burning and yes, even murders in major cities. Couple that with draconian lock-downs in many areas and the result is mass migration out of those troubled areas. And that has its own result - demand for real estate in suburban and rural areas is skyrocketing - and with it, prices. This creates mega-opportunity for both investors and those in suburban areas looking to cash in and move up to something better - even newbies and people without available cash or credit, as I will point out in a moment.

OFFICE SPACE:

The pandemic has created a second set of circumstances that will have a tremendous effect on real estate. Because of virus contagion, many businesses have shifted all or much of their business online, to work-at-home models utilizing software like Zoom to hold virtual meetings and conferences, and using Doc-U-Sign for signing important documents virtually. Many businesses have indicated that even after the crisis passes they may very well continue that arrangement – both for convenience and cost issues.

As so many will be working remotely, the focus for those workers will be on securing suitable residential property with home office space, rather than commercial office space, again creating high demand and higher prices. On the flip side, as some businesses reduce their workforce of those who work in the office, the select few who remain, usually top staff, may move to more prestigious (and smaller) locations, so prices of the "most prime" office space are likely to rise due to increased demand.

And for all those less desirable office buildings? The prices will likely provide bargains to investors who think outside the box, and dream up ideas on how to re-purpose them for other uses, like incubators for emerging businesses. If you already hold some of those properties you may want to consider unloading them before values drop.

Based on these changes in the preferences of buyers and investors on different types of properties and the locations, there is likely to be a shake-up in the valuation of many property types - some will increase, others will decrease. Just something to keep in mind if you currently hold some property or if you intend to make purchases soon.

THE BEST STRATEGY IN THESE CASES:

Whereas these circumstances will cause rapid changes and may not last long, you want to choose a strategy that:

• can be executed quickly
• can be executed with little or no cash or credit, so you can pursue several, simultaneously
• is so simple a child could do it (with the right know-how)

And that strategy is ASSIGNING, more commonly referred to as "wholesaling". Assignments can often be completed in just a couple of weeks, and sometimes faster than that, since there is no need to qualify for a mortgage or hold a closing. Assigning is as simple as getting a property under contract, then selling that contract to an end buyer and collect an assignment fee. I have seen assignment fees ranging from a few thousand dollars up to over $30,000. In this climate a property valued today at, say, $200,000 could easily increase in value by as much as $20-30,000 quickly, with buyers coming out of the woodwork to buy up those contracts due to limited supply and nearly unlimited demand. This is exactly what occurs in "bidding wars" as several buyers compete for each property.

Even better - you do not have to get a property under contract with a purchase agreement. The exact same method can be used with a simple option. The advantages of an option are a) you need not be concerned about being locked in to buy the property if you cannot assign the contract, b) you don't need to put up much cash - all that is legally required is one dollar, and c) there is no need to undergo a credit check. This simplifies everything.

Of course, even though assigning is extremely simple, it's all in the know-how - the details - and the specific contracts that allow assigning while not locking you in (just in case you cannot find a buyer) while assuring you are always acting within state and federal law. There is a right way, and many wrong ways. The right way is found among the 22 real estate investing methods detailed in "The Simple Man's Guide to Real Estate", all laid out, step-by-step, and includes software to create necessary contracts and, perhaps most important, free, unlimited mentoring by professional investors. It is the only course that  provides that essential ingredient.

The above scenarios are best for making profits quickly, without the need for cash or credit. For others, such as home buyers, rehabbers or investors looking for passive income, "The Simple Man's Guide to Real Estate" covers, in detail, all 22 methods of real estate investing.

Make no mistake - if you have ever considered getting into real estate, or if you simply want to expand your options, the time to act is NOW! This opportunity will not last forever.

Check it out - you have nothing to lose, and everything to gain.

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Increase Real Estate Profits - Getting Free Stuff

Brought to you by "The Simple Man's Guide to Real Estate"

In any real estate transaction, profits can be made from items other than the building and the land. As a buyer, you are in a position to negotiate for "extras". Your purchase agreement should include these extras. If the seller accepts, you own these items. If not, you can "trade" back these extras in exchange for better terms or a lower price. We refer to these extras as "the cookies at the party".

For example, when I offer to buy a property with a large yard and the owner has a lawnmower (perhaps even a riding model) I write into the agreement that the mower is included in the purchase. I tell the seller that it will be needed to take care of the yard. I will also try to get furnishings, other tools and equipment, or anything that may be collecting dust in the attic, garage or barn. I have seen times when I was able to get some valuable antiques that the owner thought was just junk. I once got this 1980 Porsche thrown in. In another instance, an abandoned 1964 Mustang sitting in the barn was included. Have you priced one of these lately? The owner just didn't know its value.

Always ask for such things. You may not get them, but perhaps you will. Even if you don't, do not give them up without getting something else in return, such as the seller paying the closing costs, or doing certain repairs before closing. Either way, you come out ahead.

All of these items can be sold for a tidy "extra" profit. It is not unusual to earn an extra $3000 or more in this manner, all from a single transaction. Of course, if you resell the real estate, be sure to exclude these items from your sales agreement.

Oh, and if the property you are selling has an old barn? Exclude that from the sales agreement, too, if you can. Not the land it is on - just the barn. Take it down and sell the boards and beams - old lumber and timbers command a high price on the open market.

The point is, as you inspect the premises keep your eyes open for any possible "freebies" to include in the purchase agreement. Even if you do not get them, you should be able to take them out of the purchase agreement in exchange for concessions on the price or terms, which also increases profits.

Bear in mind that many of our techniques will increase your tax liability due to these extra profits. To reduce your taxes, you can give these items away to charity and write off their full value, thereby reducing your taxes, rather than sell at half-value (which adds to your income - and your taxes!)

Risk-Free Profits Wholesaling OPTIONS

 

If you are reading this you are probably aware that many "infomercial gurus" talk about wholesaling (assigning) real estate by selling a purchase agreement contract to another buyer. And while there is a good case to be made for wholesaling, there are risks - and costs. But there is a risk-free cost-free method that only "The Simple Man's Guide to Real Estate" teaches. But first, let's look at the method the gurus teach, for comparison.

Let's start with the cost. No seller is going to agree to a purchase contract without 1) checking your credit, and 2), getting a substantial earnest money deposit. Assuming, however, you are able to overcome those things, once you have a contract you can end up locked in if you are not really careful - if you cannot sell the contract to an end buyer in the time available, you could get stuck having to buy, and that is a serious risk.

That said, a good "contingency clause" can overcome that, but even that may not completely eliminate all risk.

But what if there were another way to wholesale, without the cost or the risk? A much simpler way, developed by Bill Vaughn, author of "The Simple Man's Guide to Real Estate". A successful investor who started in 1969, Bill has developed several of the methods now being promoted by "the gurus", and soon they will likely be promoting this one, too. And you will not find this powerful, risk-free method taught by Than Merrill (FortuneBuilders), Armando Montelongo or even Ron Legrand

 Simply put, everything is the same as wholesaling a purchase contract except that the investor would be wholesaling an option agreement instead of a purchase agreement. You see, with an option there is a right to buy during a specified time frame, but in contrast to a purchase agreement there is no obligation to do so. Because you are not actually buying at this time, there need not be any credit check UNTIL the option is exercised, at which time it would be your end buyer getting a credit check done, not you. And because you are not yet buying, there is no need to put up a substantial earnest money deposit - in most instances a small payment for the option is all that is necessary. In fact, under the law it could be as little as one dollar, and the option agreement could stipulate a more substantial earnest money payment to be made upon exercising the option - a payment your end buyer would make.

What if the seller objects because he does not want to tie up his property if another buyer should come along? Simply offer to put a "kick out" clause in the agreement - if another buyer comes along, seller would give you, say, 30 days to exercise the option and buy, and if you cannot, he can cancel the option and sell to his other buyer. He has nothing to lose.

Using the option method simplifies wholesaling and eliminates all risk. An investor could not ask for more.

It is important to note, however, that any form of wholesaling real estate does require a complete understanding of the process, in detail, and being aware of any caveats and how to avoid them. And that's where "The Simple Man's Guide to Real Estate" becomes your most valuable resource, not only because it provides all that, but because it also comes with free mentoring if you need help.

If you have ever considered becoming a real estate investor, you owe it to yourself to check it out. It costs nothing to look, but can cost you a fortune if you do not.

 

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Affordable Mentors for Real Estate Investing

 

It is a well-known fact that at least 90% of all millionaires made their fortunes from real estate. Lesser known are all those who attempted to become real estate investors but did not succeed. While there are no guarantees in life, one thing we do know, and can pretty much determine - the chance of success in any endeavor can more likely be assured if the individual has a good teacher and mentor - someone he or she can call on to walk them through transactions from beginning to end, answering their questions, reviewing the agreements - whatever is necessary. Having an experienced, qualified  mentor or coach can increase your chances of success by about the same 90%.

The problem, however, lies in two simple facts:

• if you choose a local investor to work with, it is almost certain the investor is not going to go to great lengths to train what he or she sees as their future competition, at least not to the degree that is necessary and he/she may simply use you for their own ends, and
• professional real estate mentors are very expensive, ordinarily charging hundreds for just one transaction. In the case of the "infomercial gurus" like Armando Montelongo or Than Merrill & his FortuneBuilders, it can cost many thousands, with no guarantee of success.

But there is a viable solution, and it is incredibly inexpensive. There is a mentoring program available that operates as a not-for-profit and provides professional, experienced real estate investors who volunteer to help others become successful investors. Along with free, unlimited mentoring for as long as needed, the program also includes"The Simple Man's Guide to Real Estate" which teaches all (22) legitimate methods of investing, (8) of which do not require cash or credit. It also includes software that creates all the necessary agreements and (24) real estate related bonus ebooks.

 

Every single mentor on the team is an amazing real estate investor with at least 22 years investing experience and they have all been hand picked and hand trained by Bill Vaughn, author of the program, who has over 50 years experience as a real estate investor. Bill only enlists the best of the best as mentors.

And here is the best part - it costs under $100 complete. Only a not-for-profit can make so much available at such low cost.

This program has been used by over 320,000 people over the last 30+ years. We have the experience that can put you on top. 

 

To see examples of the successes of our students, and to learn more about the program, check it out here - you have nothing to lose by looking and everything to gain.

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Wholesaling Real Estate - Huge Profits In The Age of COVID-19

 

My name is Bill Vaughn, and I have been successfully investing in real estate for over a half century, and have taught over 320,000 people how to do what I do. Almost every day people ask me how to get a quick start to making money in real estate. They want to start with the fastest, easiest method. And my answer is always "wholesaling" (actually, it is called "assigning" and is a fast and easy method of flipping houses). Currently, the housing market is hotter than it has been in decades, ripe for pocketing cash from assigning as people are migrating from civil unrest in metro areas. Assigning is just one of the 22 methods of real estate investing that you can quickly learn from "The Simple Man's Guide to Real Estate" program.

Wholesaling real estate can be completed, start to finish, in a matter of days, and it's so simple that any 6th grader could do it. It can be a great way to pump relatively quick cash into your pocket to meet pressing obligations. And you can learn this strategy in just 30 minutes.

Wholesaling houses does not require you put up any cash, or get a loan or mortgage, or even go to any closings. Because you are not actually buying a house, you do not need credit. No experience is necessary. Many students can wholesale their first property within 4-8 weeks of ordering our course, and some have made profits in under a week. It really is that easy.

Homero Guerrero received this certified bank check in the amount of $10,000 for an assignment that took only 9 days.  You, too can be pulling in cash profits in no time.

Here are the basics"

Using the methods in "The Simple Man's Guide to Real Estate" you would locate a suitable property and get it under contract using the specially designed Purchase Agreement in the software provided with the program. Once under contract, you would offer to sell that contract to an end buyer and collect a hefty assignment fee. In short, you are not buying or selling real estate - you are simply selling a piece of paper (the Purchase Agreement) and the person you sell it to can follow through with the purchase.

"The Simple Man's Guide to Real Estate" provides all the details you need to succeed, including detailed instructions on turning over you right to purchase to the end buyer - special necessary contingencies in the Purchase Agreement are included in the program. From locating a property, getting it under contract (provided), advertising it, getting an end buyer and completing the transaction, you will have everything you need.

The best part - you receive the entire program that teaches all 22 methods of real estate investing, 24 bonus real estate ebooks, the agreement software and even unlimited mentoring - all for under $100, made possible because the program s offered on a not-for-profit basis.

NOTE: The mass migration America is now experiencing will not last forever. Act now to put yourself in a position to take advantage of the opportunity.

Of course, you can choose not to order the program, in which case someone else will make that money. Until you decide to just do it, it will always be "someone else" making the money.

 

Now Is the Time to Reap Quick Real Estate Profits - Here's how

There is a tremendous amount of uncertainty these days, particularly in respect to COVID-19 and the recent civil unrest in some cities. However, there is one thing we can be certain of - because of COVID-19 and the current state of civil unrest, the opportunity to make huge profits in real estate, quickly and easily, is very real.

It is known that real estate investing is most profitable in a period of mass migration as we are now experiencing as people flee the unrest and violence in metro areas, seeking refuge for their families in suburban and rural portions of the country. In fact, as of this date there is a shortage of homes available, driving prices through the roof, making this the BEST time to invest in real estate - anything you get under contract today can be easily sold for a huge profit quickly. And you do not even need to BUY the property first."The Simple Man's Guide to Real Estate" teaches 22 different strategies of real estate investing, and one of those does not require you to buy the property in order to grab the profits. So, you do not need either cash or credit to make big profits.

Whether you live in a metro area experiencing violence & unrest and need to get out, or you live in the suburbs or rural area, or you are simply looking to get a great deal on a new home, there is now great potential to make huge profits even if you do not have cash or credit to work with. As people flee the cities en masse to escape civil unrest and draconian lockdown measures, they need housing elsewhere, and the "elsewhere" is the suburbs and rural areas. Thanks to "supply & demand", the price of housing in those areas is skyrocketing. If you know the tricks of the trade (see below), you can take advantage of the profits from that migration.

Even in urban metro areas there is huge potential to profit. As cities empty, the prime, expensive property in those areas drop in value precipitously. An investor who knows how to take advantage is in a position to pick up massive bargains, as prime properties once worth a fortune become bargains. Why would you want to control (not necessarily own) such properties? Because they will very quickly regain their value once things settle down. By learning how to take over control of a property from desperate sellers, even without buying them, you will be able to cash in when things turn around. Control of property is just as good as owning it.

If you think you need deep pockets and great credit, think again. Neither is necessary. Of the 22 different, legitimate methods taught in "The Simple Man's Guide to Real Estate", 8 of those methods do not require you to put up cash or credit.

But here's the catch - this real estate surge will only last a little while, perhaps 18-24 months. If you do not act now, you will miss it.

Do yourself and your loved ones a favor and at least check it out. It costs nothing to look!

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Than Merrill's FortuneBuilders Does Not Teach This

 

There are 24 legitimate methods of purchasing real estate. Most real estate gurus like Than Merrill, Armando Montelongo and Ron LeGrand only teach between 2 and 5, which severely limits opportunities for making money.

In this post I am going to show you a simple, little known method anyone can use that does NOT require you to put up any cash. None. In fact, your credit need not be great, either. If you are short on cash and credit, this method is a great way to break into real estate investing - or even  to buy your first home.

In addition, this method is also great for those who have cash to invest and want to put it into a safe, profitable investment vehicle. No matter which side of a transaction you are on, this method is a great way to reap more profits.

This method, approved by the I.R.S. is known as Equity Participation, aka Equity Sharing. While it is often used in non-real estate transactions, it works equally well for real estate. What I am about to share here are the basics, so you can fully understand how it works. The finer details can be found in "The Simple Man's Guide to Real Estate" investing program along with 21 other methods, some well-known, some not.

Equity Participation can be used to buy your own home, a rental unit, or a property you want to flip to another homeowner. It can also be used in a way that allows you to be on either side of the transaction - buyer or seller, which shows how versatile this method is.

To buy the property with no money down and less than best credit, you would locate a property (using methods taught in "The Simple Man's Guide to Real Estate") where the seller does not require all cash at closing and wants to "invest" some of his equity in a profitable investment, and one he knows well - his own home. The seller would leave enough of his equity on the table at closing, to be used as the down payment required by the bank from which you are obtaining a mortgage for the balance. That takes care of the down payment. If your credit is too weak to finance a mortgage, the seller could also use his credit to co-sign for you, since you will be co-owners of the property.

Here is how it works:

Let's say the home is valued at $150,000 (just as an example). The bank requires 10%  down ($15,000) and will issue a mortgage of $135,000. The seller owes $85,000 on the house, so he has $65,000 in equity. 

At closing the bank puts up the $135,000. From that, the closing agent uses $85,000 to close out the seller's mortgage, leaving the seller's equity - $65,000. The seller puts up $15,000 of his equity as your down payment, and both of you would be "partners" in owning the house. Your Equity Share agreement with the seller would lay out all the specifics of the partnership.

Typically, the agreement would be for 5 or 7 years. You and the seller-partner would share in the appreciation of the property in that time, and in any profits if used as a rental. At the end of the term, you would refinance on your own and pay the seller the amount of his investment plus half of any appreciation. If the property has appreciated 20% over the 5-7 years ($30,000), he would collect his initial cash outlay ($15,000) plus $15,000 of the appreciation, all taken from the cash at the refinancing. If the refinance does not provide enough cash, you can simply sell the property at its appreciated value ($180,000), pay your partner his $30,000, pay off your remaing mortgage  (now under $135,000) and you pocket the remaining $15,000+ profit. You had the property 5-7 years to live in or rent out, and made $15,000 to boot.

NOTE: if you rented it out at a profit over and above your mortgage & expenses, your partner would get half that profit, as well.

Now let's assume you have money to invest, and want a safe, secure investment. Instead of a seller putting up equity, you, as an investor would do that on behalf of a cash-poor buyer. You are partnering with the buyer. At the end of the term you could easily have doubled your money without the risk that investing in the stock market could incur.

This method, used either way, is powerful, and much safer than most other investments.

For more detail, and to have access to a professional investor as a mentor, order your copy of "The Simple Man's Guide to Real Estate". In addition to all 22 methods of investing it includes 24 real estate related bonus books, software that creates your agreements/contracts easily and a 24/7 mentor - all for Under $100 complete.

How can we do that? Simply put, we operate as a not-for-profit and the professional investors we engage as mentors are all unpaid volunteers. We are faith-based and this is how we give something back to the community.

At least check it out - it costs nothing to look us over.

Thanks, and stay safe

Real Estate Investing Gurus - Reviews

 

A popular review website, www.scamsgalore.com, has taken on the formidable task of researching the major real estate "gurus" and providing accurate reviews of their offerings. Unlike many review sites, these reviews were put together from information gleaned from reliable sources like the FTC and BBB, actual customer reviews as well as a thorough study of the various offers being promoted.

Some of the reviews are eye-opening, and produced some unexpected results. For example, the Carlton Sheets real estate course ranked in the top 5, while the current "kings ", Armando Montelongo seminars, and Than Merrill FortuneBuilders ranked near the bottom.  Ron Legrand fell in between.

Another surprise is the rank that the Phil Pustejovsky FREEDOM MENTOR managed to eke out, our latest review. Or the review for Cody Sperber, the "Clever Investor.

By and large, most of the better known gurus did not fare well at all. The very fact that they are "infomercial gurus" and host seminars and boot camps helps explain why - such tactics are designed not to teach, but to sell. And when the focus of anyone offering to teach anything becomes the selling of their own products and services rather than teaching, then you end up with garbage.

There are good, inexpensive courses that teach real estate investing, such as "The Simple Man's Guide to Real Estate"  offered on a non-profit basis and has but one focus - teaching people how to invest in real estate. And it is the only real estate course that provides free coaching - they have solicited the help of actual, successful investors to volunteer their services to help others learn the secrets of investing.

All in all, it is up to each individual looking to learn real estate investing to do their due diligence. Sites like www.scamsgalore.com help folks to do just that.

Good luck, and happy investing!

 

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