tag:blogger.com,1999:blog-53111341443926191372024-02-20T11:14:06.781-08:00A Simple Man's Guide to Real EstateReal estate news, information and related articles on money, finance and investingUnknownnoreply@blogger.comBlogger91125tag:blogger.com,1999:blog-5311134144392619137.post-45327561088590194612024-01-11T09:11:00.000-08:002024-01-11T20:34:05.886-08:00Real Estate Investing Made Simple - and Risk Free<p><br /></p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5qoOyQhFb_kiwnW4Yl7VwS_k7BeZyPsUOyapEbD80QFQTpcoXNgp74D_qfOFHCifN5WdRIp-S9jIHySd5bvhyphenhyphenkILUgpxJMGAggYzL9BDh4GGgADXetGMhQi6GVwR7ooSgVuAEdxx-JuYxNv-ptLetxfg8Km_u61Mh-waSIalaWt7apVUDDtc47wbmo0g/s1024/bad-time.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="768" data-original-width="1024" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5qoOyQhFb_kiwnW4Yl7VwS_k7BeZyPsUOyapEbD80QFQTpcoXNgp74D_qfOFHCifN5WdRIp-S9jIHySd5bvhyphenhyphenkILUgpxJMGAggYzL9BDh4GGgADXetGMhQi6GVwR7ooSgVuAEdxx-JuYxNv-ptLetxfg8Km_u61Mh-waSIalaWt7apVUDDtc47wbmo0g/s320/bad-time.jpg" width="320" /></a></div><br /><p></p><p><span style="font-size: small;"><span style="font-family: helvetica;">Until now, learning how to invest in real estate has been either a risky or costly venture - or both. Late-night infomercial gurus like <a href="https://www.scamsgalore.com/than-merrill.html"><i><b>Than Merrill's Fortunebuilders</b></i></a> and <a href="https://www.scamsgalore.com/armando-montelongo.html"><i><b>Armando Montelongo</b></i></a> charge up to $35,000 for their entire program. Most others charge at least $5,000-$15,000. And "newbies" determined to do it "on their own" without the "know-how" of experience will likely lose his or her money. Let's face it - if you have that kind of money to invest, you should be investing it into real estate, and not stuffing some guru's pocket.<br /><br />The lowest cost (and effective) program - <a href="https://intellibiz.com/billv.html">Bill Vaughn's</a> <i><b>"Simple Man's Guide to Real Estate"</b></i> - has been under $100 complete (including mentoring) for over 30 years, and provides more than all the other gurus - ALL <a href="https://www.intellibiz.com/methods.html">24 legitimate methods</a> in detail, mentoring, software for purchase agreements plus 24 real estate related <a href="https://www.intellibiz.com/bonusbooks.html">bonus books</a>. </span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;">But even that can be a stiff price for many in this period of high unemployment, high inflation and low incomes. Being a non-profit, we decided that for a limited time only, we would offer our program for just enough to "keep the office lights on" in order to help more people in these difficult times. And that is exactly why Bill has cut the cost of the <a href="https://www.intellibiz.com/index-new.html"><i><b>"The Simple Man's Guide to Real Estate"</b></i></a> program to $29.95. That's a savings of a whopping 70%.<br /><br />Even better - 8 of the real estate investing methods we teach do not require your cash or credit. There is no risk involved, unlike the infomercial gurus that want you to max out your cards.<br /><br />We have sold over 140,000 copies at $99.95, and our clients have made a lot of money, even without cash or credit. Like Russell, a homeless man in Wilmington MA, unemployed and destitute who <a href="https://intellibiz.com/docs.html">pocketed $16,900</a> on his first no money down deal. And Homero, who got <a href="https://intellibiz.com/index-new.html">this certified check for $10,000</a> in less than two weeks on a property he did not even own. Or this deal that netted <a href="https://intellibiz.com/hiram-deal.html">a whopping $100,500 net!</a><br /><br />We cannot say how long we can make this offer available, so if investing in real estate and boosting your income to 7 figures has even been a dream of yours, today would be a good time to start. Whereas real estate only takes a couple of hours a week, you need not quit your current job until you no longer need it. So if it has ever been your dream to live a life without time clocks and with both money and the freedom to enjoy it, there will never be a better opportunity than this.<br /><br />Check it out for yourself - it costs nothing to look. But the potential cost of not looking can be very high. Think about it - for less than the cost of ordering a couple of pizzas you could be on your way to financial independence...</span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"> </span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;">/ <br /></span></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-43842068577670559982023-12-23T06:21:00.000-08:002024-01-11T09:12:39.389-08:005 Completely Free Real Estate ebooks<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHeh9vSgXN0t0Mr38qUnrHrZsbfYKQ5X-5zkmD9yxGotyCV_LHX8STEP-j_UM_1I8jbNYzin8tgRGcDUF61RHo6i8Em_WCDB0k4Ev7G_nWGOQeEfUBpPwdgFPji30APxXCxQWgW2wS58-inHWW598G-e8rSqet_UqkvWvjnWztZT0BHgmWW78F4xCzNxY/s1080/ed6bff015af1bf6a71b632ae20f10782.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="994" data-original-width="1080" height="295" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHeh9vSgXN0t0Mr38qUnrHrZsbfYKQ5X-5zkmD9yxGotyCV_LHX8STEP-j_UM_1I8jbNYzin8tgRGcDUF61RHo6i8Em_WCDB0k4Ev7G_nWGOQeEfUBpPwdgFPji30APxXCxQWgW2wS58-inHWW598G-e8rSqet_UqkvWvjnWztZT0BHgmWW78F4xCzNxY/s320/ed6bff015af1bf6a71b632ae20f10782.jpg" width="320" /></a></div><br /><p></p><br /><p></p><p align="">
<span style="font-family: helvetica; font-size: medium;">Buying real estate can be intimidating, whether buying your own home, or investing for profit. But it does not need to be if you learn from a pro and are well-armed with know-how. These completely free books, provided by <a href="https://www.intellibiz.com">IntelliBiz</a>, (the only source for </span><span style="font-family: helvetica; font-size: medium;"><span style="font-family: helvetica; font-size: medium;"><a href="http://www.intellibiz.com" title="home">"The Simple Man's
Guide to Real Estate"</a> </span>the #1 real estate investing program for over 30 years) are
jam-packed with the same kind of helpful information that millions of
people have come to expect from <b><span style="font-family: times;"><span style="color: red;">"The Simple Man's Guide"</span></span></b> series of
books and courses. Take as many as you like. We do not ask for your email address or any contact information and you do not have to sign up for anything. All we ask is that
you respect our copyrights. You do, however, have permission to pass this post on, without additions, subtractions or changes to anyone you believe can benefit from it.<br /></span></p>
<p><span style="font-family: helvetica; font-size: medium;">If you do not have Adobe Reader, it is
available free <a href="http://get.adobe.com/reader" title="adobe">right
here.</a> Enjoy!</span></p>
<p><span style="font-family: helvetica; font-size: medium;"><b>NOTE:</b> The .PDF ebooks are rather large files - you may want to download them and read them at
your leisure.
</span></p>
<p><a href="https://www.intellibiz.com/oldhouse.pdf" title="old"><u>"The Simple Man's Guide to Buying an Older
House"</u></a></p>
<p><a href="https://www.intellibiz.com/land.pdf" title="land"><u>"The Simple Man's Guide to Buying Country
Land"</u></a></p>
<p><a href="https://www.intellibiz.com/home-seller-guide.pdf" title="seller"> <u>"The Simple Man's Guide to Selling A Home - For Sale By Owner"</u></a></p>
<p><a href="https://www.intellibiz.com/home-buyer.pdf" title="buyer"> <u>"The Simple Man's Guide to Home Buying & Home Ownership"</u></a></p>
<p><a href="https://www.success-by-design.org/success.pdf" title="success"><u>"Success - by Design"</u></a></p>
<p><span style="font-family: helvetica; font-size: medium;">We hope you enjoy these free eBooks.
if you want the most powerful, complete real estate investing
course available, don't forget to order <a href="http://www.intellibiz.com" title="home">"The
Simple Man's Guide to Real Estate"</a>, on sale today for under $100 complete, including free mentoring - as a non-profit, our mentors are all professional investors who volunteer to help others succeed.</span></p><p><span style="font-family: helvetica; font-size: medium;">We hope you find value in these free ebooks as over 4 million already have.</span></p><p><span style="font-family: helvetica; font-size: medium;"><br /></span></p><p><span style="font-family: helvetica; font-size: medium;">/<br /></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-86664024210911493842023-11-06T20:01:00.005-08:002023-11-07T12:59:41.183-08:00 How to Beat The High Price of a Home<div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQ2qtSQ7BkVKgHzjUPeLzx_BadLFNUy6H5n_NFzkFTM2wNOsJeyj17G_iQopg__4dNDqjtHzjRTFkFDL-g5RbfwWa_z3gcNelTUFXtOTdHHSncoJCysowt4XPVHdIVfpxuIofAtvGRVscpkiLwFiwsrOZAzZLcX5lzrIN_YjRJ-J6l1aqeNkVMGyxbn4M/s375/ssss.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="375" data-original-width="277" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiQ2qtSQ7BkVKgHzjUPeLzx_BadLFNUy6H5n_NFzkFTM2wNOsJeyj17G_iQopg__4dNDqjtHzjRTFkFDL-g5RbfwWa_z3gcNelTUFXtOTdHHSncoJCysowt4XPVHdIVfpxuIofAtvGRVscpkiLwFiwsrOZAzZLcX5lzrIN_YjRJ-J6l1aqeNkVMGyxbn4M/s320/ssss.jpg" width="236" /></a></div><br /><p><br /><br /><span style="font-size: medium;"><span style="font-family: helvetica;">With every passing day the cost of buying a home increases as inflation, government spending and rising interest rates push prices to unheard of heights, pricing all but the affluent out of the market. Fortunately there are several ways to overcome the barriers to home ownership.<br /><br />One such method requires finding a motivated seller and educating him in an alternative that can benefit both buyer and seller. With prices so high, buyers become scarce which places sellers between a rock and a hard place, resulting in a motivated seller. Ideally, the seller owns the home free and clear or with a small remaining mortgage, which is often the case with empty-nest elders.<br /><br />The general concept for this method is often used in Hawai'i, where land is scarce and those who own it do not want to part with it, so they sell only the house and lease the land to the buyer, usually under a lifetime or other long-term lease. Think about that for a moment...<br /><br />The seller benefits because he gets his house sold and the lease on the land supplements his income, which is particularly good for elders on a fixed income. The buyer benefits because he is only buying the house, which is considerably less expensive than the entire property. It also means it would be easier to qualify for the smaller mortgage.<br /><br />Once you have found the right seller, the first step is to determine what portion of the value is the house, and which portion the land. In the following scan of an actual tax card, you will see the land is valued at $23,600 and the house at $138,500 for a total value of $162,100. Bear in mind, tax valuations are rarely accurate valuations, as tax values are normally determined by a formula that is discounted. That does not matter - what is important are the percentages. In the case of the property shown, the house represents roughly 85% of the overall value. Bear in mind in many cases the value of the land is often equal to or even greater than the value of the house. If that were true in this case, the house value could be as low as $81,000, making for a much smaller mortgage.<br /><br /></span></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-size: medium;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8GvYgjouYMMoKEbsl-Fkzf1SQeKg1uTMdlvau2dJ38JIHNnyCPCVp-iJ_rPqJJ5wbMxN5by6ZAMZKGxOnegaBdo2X7XR_B3GDbQtmrPKV7gn_NNF_gkjwSzfkq3_0_c0_ISFdRLuM5iZgWg7enoiR11tDwL1kO5vOOwr3HaN3aq9kx3_QjbrrzvdrSoE/s1169/tax-card.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="475" data-original-width="1169" height="294" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8GvYgjouYMMoKEbsl-Fkzf1SQeKg1uTMdlvau2dJ38JIHNnyCPCVp-iJ_rPqJJ5wbMxN5by6ZAMZKGxOnegaBdo2X7XR_B3GDbQtmrPKV7gn_NNF_gkjwSzfkq3_0_c0_ISFdRLuM5iZgWg7enoiR11tDwL1kO5vOOwr3HaN3aq9kx3_QjbrrzvdrSoE/w574-h294/tax-card.jpg" width="574" /></a></span></div></div><div style="text-align: center;"><span style="font-size: small;">click to enlarge</span><br /></div><div><span style="font-size: medium;"><br /><br />Assuming the real value - and the asking price of the property - is $219,000, the house, alone, is valued at $186,150. This represents a savings to the buyer of $32,850 - a big mark down. Assuming a mortgage (currently 7.7%) with $20,000 down, PITI would be $1424.35 as opposed to $1673.83 if buyer purchases the entire property. If the buyer negotiates a long-term lease at $100/month, buyer saves $149.48 each month in addition to saving the $32,850.<br /><br />Your agreement could include terms that allow you to purchase the land at some point at a predetermined price. It could also include a stipulation that if you ever sell or the home is otherwise transferred, the landowner gets first dibs to buy it at the market value at that time. If he chooses not to, the lease shall be transferable to the new owner of the house.<br /><br />This is just one of several methods taught, in detail, in <a href="https://www.intellibiz.com"><i>"The Simple Man's Guide to Real Estate"</i></a>. Choose the strategy that suits your situation best.<br /><br /><i>"The Simple Man's Guide to Real Estate"</i> has been training investors and home buyers since 1989, and is an invaluable real estate aid. It even includes free mentoring and software that creates perfect offers every time. And unlike the $35,000 cost of Than Merrill's FortuneBuilders or Armando Montelogo's program, <i>"The Simple Man's Guide to Real Estate"</i> is offered on a not-for-profit basis for under $100. You simply cannot find another instructional training aid for less anywhere on the planet.</span><p></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">If you have come to this blog, you are likely interested in finding a way to homeownership, so you owe it to yourself to at least <a href="https://www.intellibiz.com">check it out</a> - doing so is free! </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"><br /></span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">/<br /></span></span></p></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-59888647921312380922023-07-24T05:40:00.003-07:002023-07-24T06:53:25.699-07:00 REAL ESTATE INVESTING: Is "No Money Down" Really a Myth?<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpRyISnwMqYxKxCtg3vSAbI2iU4CnW9eKif12R3ueCh36ZI1BAwkpyM9OL6S9dILit6G5usw_kCwAUnf5xnpZCRpQMqPMwdKzTGc_bFR6ByffsaUg9kdLnsXMW72HIGEoqWFHLI4MoVhj5dTV3864VI76gLb5_8sAC-w-gesjQjn-o32ckttTmPQBojG0/s1280/no-down.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="720" data-original-width="1280" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpRyISnwMqYxKxCtg3vSAbI2iU4CnW9eKif12R3ueCh36ZI1BAwkpyM9OL6S9dILit6G5usw_kCwAUnf5xnpZCRpQMqPMwdKzTGc_bFR6ByffsaUg9kdLnsXMW72HIGEoqWFHLI4MoVhj5dTV3864VI76gLb5_8sAC-w-gesjQjn-o32ckttTmPQBojG0/s320/no-down.jpg" width="320" /></a></div> brought to you by <a href="https://www.intellibiz.com">IntelliBiz</a><br /><p><br /><br /><span style="font-size: medium;"><span style="font-family: helvetica;">Ask 100 people on the street if they believe it possible to buy real estate with no cash down and 98% will say "no". Ask 100 real estate attorneys, and my 57 years of experience tells me about 90% will say "no". Ask 100 real estate investors, and the vast majority will also say "no".<br /><br />What do they all those "nays" have in common? A healthy dose of ignorance founded on skepticism. One other thing they have in common - they are all what I like to call...WRONG! What is more - I can prove it, because I and my students do it all the time.<br /><br />My name is Bill Vaughn, and I have been investing in real estate since Moses was a lad and Moby Dick was a pollywog. Well, 55 years SEEMS that long sometimes. And I have used my experience to personally train over 86,000 people over the last 34 years to be able to make a lot of money and cut the corporate apron strings, providing them with independence and the money to enjoy it. My inexpensive ($99) program, <span style="font-family: times;"><i><b>"The Simple Man's Guide to Real Estate"</b></i></span> provides everything a person needs for real estate success. More to the point, it teaches all 24 legitimate methods of investing in property, and eight of them do not require cash or good credit! <br /><br />That's right - my students know how to purchase properties and make sizeable profits without having to part with any of their cash (in fact, many of them had NO cash when they started).<br /><br />Now, I don't expect you to just take my word for it - I will show you one "no cash" method right here and now, and before this post is done, there will be documented proof that anyone can make 'no cash' deals. Bear in mind, this is a general breakdown - "The Simple Man's Guide to Real Estate" fills in all the details, provides all the forms and includes free lifetime mentoring, just in case you require more specific assistance.<br /><br /><span style="font-size: large;"><b>METHOD 19</b></span><br /><br />This is more complex than most "no cash" transactions I teach. </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"> In every community there are people who earn large incomes - doctors, lawyers, consultants etc. Many of these people have something else in common, as well - they pay higher taxes, and often are in the market for a good investment that also shields them from some of those taxes. This is where you can make some very easy money, quickly, as such people usually do not have the time to seek out and buy an investment property on their own. They are just waiting for someone like you to come along and make it all happen. Here's how...<br /><br />Locate a nice property in a good blue collar neighborhood, 3 or more bedrooms (blue collar neighborhoods are in more demand and are quicker and easier). For purposes of an example, let's say you found the perfect place - the market value is $250,000. <br /><br /><b>STEP 1</b>: Make an offer to purchase the property outright, for $225,000 CASH at closing - cash sales usually command a discount of at least 10%. As soon as you have a signed purchase agreement...<br /><br /><b>STEP 2:</b> Get in touch with these big income folks and let them know that you have a prime single family rental in a good neighborhood that would make not only an excellent investment, but would also shelter some of their income from taxes. You could even produce a brochure about the property and the deal. Offer to sell them a share in the $250,000 property - you will offer up 9 of the 10 shares at $25,000 each (the 10th share is yours as the general partner). They can either pay cash, or they can obtain a mortgage using their own credit. Their 9 shares pay for the property in full. An investor can purchase more than one share. "The Simple Man's Guide to Real Estate" provides information on setting up a simple partnership to facilitate such a transaction and protect your interests.<br /><br />You will rent the place out for the partnership, collect the rents and otherwise manage the investment for five years in which each partner (including yourself) reaps a share of the rental profits , at which time you will sell the property and they (and you) will also receive shares of the profits from appreciation and equity. Meanwhile, you charge a small management fee equal to about 10% of the rents. <br /><br />So far, you own $25,000 worth of the property, you are receiving approximately 10% of the net rents as a partner, another 10% as manager, and 10% of the appreciation and any additional equity at the end of the term. Not bad for not having paid a dime. And it gets better - you can do this many times!<br /><br /><b>STEP 3:</b> If you were on the ball you had already advertised for a tenant and one is waiting to move in (perhaps even you). You thereafter manage the property and take your management fee and your share of the net rents out of the monthly rents. Food for thought - you could likely afford to live in this great property at a bargain by applying your share of the rent and your management fee to your rental payment.<br /><br />Oh - and don't forget - once you sell one of these investment properties, those same investors will likely want to do it again. Ready-made investors, begging to give you money.<br /><b><br />DOCUMENTATION: </b><br />See how Russell, a homeless man, <a href="https://www.intellibiz.com/docs.html">made $16,900</a> on his first "no cash" deal in under 30 days</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"><br />And Homero received <a href="https://www.intellibiz.com/homero.html">this certified check for $10,000 </a>this certified check for $10,000 on his first "no cash" transaction in just 2 weeks<br /><br />Visit <span style="font-family: times;"><a href="https://www.intellibiz.com"><i><b>"The Simple Man's Guide to Real Estate"</b></i></a></span> for more information, and while you are there you can grab some free books.</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"></span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">/<br /><br /><br /><br /></span></span><br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-58498373141492452272023-05-06T18:13:00.002-07:002023-05-06T18:19:19.173-07:00 Self-Managing an IRA Property vs Hiring a Property Manager<p style="text-align: center;"><span style="font-size: medium;"></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-size: medium;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGFYaxaRRNHVKVBsTOquLbOO8uOvYwXDxcetk9ETY9qiL5wwOY_ENMq5iwaLZEps6UGgsqOfTPDjbQy2V-6q86_YRppVrwYgD-uMarqX1FmtXAjCyWLTY57PGZIXDl0hgRDpLqFRxUtGL7koEJ-CqNGkDUWoIJzYHSpKqVMclpYNj5pJcL7Y0nv8Bf/s237/OIP.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="180" data-original-width="237" height="222" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhGFYaxaRRNHVKVBsTOquLbOO8uOvYwXDxcetk9ETY9qiL5wwOY_ENMq5iwaLZEps6UGgsqOfTPDjbQy2V-6q86_YRppVrwYgD-uMarqX1FmtXAjCyWLTY57PGZIXDl0hgRDpLqFRxUtGL7koEJ-CqNGkDUWoIJzYHSpKqVMclpYNj5pJcL7Y0nv8Bf/w302-h222/OIP.jpg" width="302" /> </a></span></div><div style="text-align: center;"><span style="font-family: verdana;"> </span><br /><span style="font-family: verdana;"><span style="font-size: xx-small;"><span style="font-size: x-small;">Brought to you by <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a> and Safeguard Advisors</span> </span></span><br /></div><div><p></p><p><span style="font-family: verdana;"><br />If you have a copy of <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate Investing"</a> you know dozens of methods for investing profitably in real estate, even if you have no cash and less-than-stellar credit. And if you have a self-directed IRA or 401K, you can use those methods to invest and have the profits tax deferred, building wealth exponentially.<br /></span></p><p><span style="font-family: verdana;">If you’ve recently purchased a rental property with your self-directed IRA, then you probably have an important question on your mind:<br /><br />Should I self-manage my IRA property, or hire a property manager?<br /><br />The truth is, this is an ongoing question with no easy answer. Your decision should be based on several different factors, including the time and skills you possess for property management, your budgeting goals, and the type of control you desire over your property. And there are legal and tax considerations.<br /><br />There are advantages to either self-managing or hiring a professional property manager. On one hand, you can exercise more control and potentially save money by self-managing. On the other, you can offload the work of managing your rental to a professional, and keep yourself fully at arm’s length from your IRA investment.<br /><br />Managing your IRA property isn’t the same as managing a personally owned rental. With a self-directed IRA rental there are specific IRS rules that limit how you are allowed to interact with your rental’s upkeep and management.<br /><br />Let’s explore important differences between self-managing your IRA property and hiring a property manager, and how you can decide which option is best for you.<br /><br /><b>What is the Role of a Property Manager?</b><br /><br />A big part of making the decision between self-managing your IRA property and choosing a property manager comes down to having a realistic understanding of the role of a property manager, and deciding if you are the best person to fill that role.<br /><br />On a high-level, the role of a property manager includes the following responsibilities:<br /><br /></span></p><ul style="text-align: left;"><li><span style="font-family: verdana;"> Setting rent rates</span></li><li><span style="font-family: verdana;"> Marketing your rental property</span></li><li><span style="font-family: verdana;"> Vetting new tenants</span></li><li><span style="font-family: verdana;"> Collecting rent</span></li><li><span style="font-family: verdana;"> Hiring contractors for any maintenance issues</span></li><li><span style="font-family: verdana;"> Managing move-outs and evictions</span></li></ul><p><span style="font-family: verdana;"><br /><b>Self-Managing Your IRA Property</b><br /><br />When you choose to self-manage your IRA property, you have full control, but also full responsibility.<br /><br />Rather than rely on a property manager to implement their own procedures regarding vetting renters, gathering rent, evicting tenants and more, you can directly handle these various facets of tenant management.<br /><br />Self-managing your property also means the potential to save money on the cost of a property manager by handling all administrative tasks yourself.<br /><br />However, you’ll need to make sure you stay in-step with important IRS rules regarding your interaction with your IRA property.<br /><br /><b>Hiring a Property Manager for Your IRA Rental Property</b><br /><br />When you hire a property manager, you’re bringing in specialized experience to help ensure high-quality management of your property and tenant relations. With a professional property manager, you also receive a built-in infrastructure for managing leases, rents, evictions and more.<br /><br />Although a property manager comes with a price, you can offload the time, energy and headaches it can take to manage your rental property yourself.<br /><br />However, you need to be sure to identify a quality property manager. There are many less-than-stellar property managers in the field, and choosing the wrong one can create exposure to the risk of compliance violations, bad tenants, and fraud.<br /><br />Making sure you take time to properly vet any potential property manager will protect you, your property, your tenants, and your IRA.<br /><b><br />How Much Do I Save if I Manage My IRA Property?</b><br /><br />One of the key reasons many investors choose to self-manage their IRA property is the perceived cost savings associated with eliminating property management fees.<br /><br />As the property manager, you can offer showings, screen tenants, sign leases, select vendors, pay bills, and receive rental income.<br /><br />If you believe you can effectively manage these tasks and get the best tenants in your units, then saving on management fees may make sense.<br /><br />However, per IRS regulations, you can’t work on your IRA property yourself. Any work needed on your property will need to be hired out to contractors who are not disqualified persons to your IRA.<br /><br />Keep in mind… when you self-manage your IRA property, you can’t pay yourself for your management services through your IRA rental income.<br /><br />When evaluating the cost of a property manager, you need to take into consideration the amount of time you will spend on the administrative side of running your property. If you can do more productive things – such as finding other profitable deals for your IRA – rather than spend time chasing down rent checks and hiring plumbers, then perhaps the tradeoff leans in favor of hiring a property manager.<br /><br /><b>IRS Restrictions for Managing Your IRA Property</b><br /><br />The decision on whether to self-manage is different for an IRA than it may be for a personally-owned property due to IRS rules.<br /><br />As with IRA-owned investment, you need to keep yourself at arm’s length from your IRA’s rental property. Administratively speaking, you can act as the property manager by hiring contractors, vetting renters, collecting rent, and more.<br /><br />However, as mentioned above, you can’t inject value into your property through provision of goods and services.<br /><br />Whether it’s mowing the lawn, fixing the roof, or cleaning between tenants, all maintenance tasks will need to be handled by an unrelated 3rd party.<br /><br />If you believe you can perform these tasks with quality and care (and while staying in compliance with IRS rules regarding IRA property management), then you may be a good fit to self-manage your own property.<br /><br />But if your time and energy would be better spent elsewhere, then a property manager can expertly handle these responsibilities for you.<br /><br /><b>Compliance Considerations for a Property Manager</b><br /><br />There are many legal issues that impact landlord-tenant interaction at the federal, state, and local level.<br /><br />A quality property manager will be well-versed in the law and implement processes accordingly. They’ll have compliant leases, disclosures, and screening process in place for things like fair housing rules, anti-discrimination and more.<br /><br />If you plan on self-managing your property, you should ask yourself if you have the capacity to follow these legal considerations as a landlord to your IRA rental property.<br /><b><br />Get Legal Guidance</b><br /><br />If you choose to self-manage, seek the guidance of a qualified real estate attorney knowledgeable about the laws in your jurisdiction.<br /><br />For example, you don’t want to learn the hard way that your leases aren’t compliant with local law, and therefore deemed unenforceable.<br /><br />If you’re considering self-managing your IRA property, look yourself in the mirror and ask yourself these important questions: Can I do a good job as a property manager? Do I have the time, energy and skills to adequately manage these tasks? Am I really the best person for this job?<br /><br />The honest answer to these questions will help guide your decision for your IRA property.<br /><br />Whether you choose to self-manage your property or hire a property manager, it’s important to regularly inspect your rental property to ensure your investment’s long-term success. Here are tips on the types of inspections you or your property manager should be performing.</span></p><p><span style="font-family: verdana;"> </span></p><p><span style="font-family: verdana;"> </span></p></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-20176961576657051832023-02-04T08:15:00.001-08:002023-02-04T08:15:27.414-08:00 So You Want A Country Bug-Out Place, But...<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZ5gfGiFI8F719KhwA0F66KnMCfe7kkgzP2mb3_PJTCa0xDeJxcvGbhYPzVBVVnZmdoGAE-p9EHJ4ldhw7C0eKopcF-4_v6O7aiK08sBnuvmIRUxN3e-9UaDjsn6HUfjK6xbmWCjmEdxEDG0B_ycRScgv_WHRUWVPf3FgT74Ae1DMIXcPN1sn8k8u3/s1256/home.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="838" data-original-width="1256" height="214" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZ5gfGiFI8F719KhwA0F66KnMCfe7kkgzP2mb3_PJTCa0xDeJxcvGbhYPzVBVVnZmdoGAE-p9EHJ4ldhw7C0eKopcF-4_v6O7aiK08sBnuvmIRUxN3e-9UaDjsn6HUfjK6xbmWCjmEdxEDG0B_ycRScgv_WHRUWVPf3FgT74Ae1DMIXcPN1sn8k8u3/s320/home.png" width="320" /></a></div><br /><p><br /><br /><span style="font-size: medium;"><span style="font-family: arial;">With all the chaos going on at home and abroad lately - Covid, war, vaccine deaths, incompetent government, inflation, the looming threat of CBDC, food shortages - most people who don't already live in a rural, country location are wishing they had such a place to escape to if and when the proverbial excrement hits the proverbial spinning blades. But for any one of a variety of reasons you don't think it is possible to buy or own such a place where you can grow your own food, cut firewood for heat and have a few chickens for eggs or other livestock and be far away from any likely nuclear target. Maybe you are short on cash, long on debt and your credit isn't good enough, so you shrug your shoulders and hope it all goes away.<br /><br />It will not go away. It will likely get worse - much worse - and you know it. So allow me to be very clear - regardless of your current circumstances I can practically guarantee you can acquire a place in "the sticks" if you have the desire.<br /><br /><a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a> is an inexpensive (under $150) course that, in addition to free, lifetime mentoring and contract software, includes 24 different methods to acquire real estate, and eight of the methods do not require cash or credit to buy property. It also includes 24 free real estate related bonus ebooks, including books on what to look for and evaluate in an older home, or just buying country land, so you neutralize risk and do not make costly mistakes - books you can download from their site even if you do not order their course - they truly are 100% free. <a href="https://www.intellibiz.com/freebooks.html">Or just download them here...</a><br /><br />You will not find any of this in <i><b>Than Merrill's FortuneBuilders</b></i> or <i><b>Armando Montelongo's</b></i> $35,000 courses. And that is just as well because if you have $35k to blow on either of those, you would not even need them at all.<br /><br /><a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a> is unique as it is offered on a not-for-profit basis, is affordable, and has successfully taught over 319,000 people over the last 34 years. Checking it out for yourself is a favor you should do for yourself and your loved ones.</span></span></p><p><span style="font-size: medium;"><span style="font-family: arial;"> </span></span></p><p><span style="font-size: medium;"><span style="font-family: arial;">/ <br /></span></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-87563167668922556272023-01-05T19:58:00.004-08:002023-01-20T17:34:15.373-08:00 How To Protect Yourself From Housing Crisis 2.0<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgjuymzBNbKyLvhXzrNwDGGImAAf_d9z6SHeBHg0eMxCbm9uOxksssK2mejQKI9UNUqIV7AM6k3ZnPh2dD1WzBzrp_ErTdhH_yWfdoKmkXOoAMUCmp20-of8V7WIp-nRfLopUU6oVysInNuFB6mq9uEIUwma_Zd8_n4mNswqMSP56DAT8_2-zxcqf-w/s859/housing-crisis-2.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="558" data-original-width="859" height="208" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgjuymzBNbKyLvhXzrNwDGGImAAf_d9z6SHeBHg0eMxCbm9uOxksssK2mejQKI9UNUqIV7AM6k3ZnPh2dD1WzBzrp_ErTdhH_yWfdoKmkXOoAMUCmp20-of8V7WIp-nRfLopUU6oVysInNuFB6mq9uEIUwma_Zd8_n4mNswqMSP56DAT8_2-zxcqf-w/s320/housing-crisis-2.jpg" width="320" /></a></div><p><br /><span style="font-size: medium;"><span style="font-family: helvetica;">You likely recall the last housing crisis of 2008-09. If so, you might recall that millions of homes went into foreclosure, and those that did not still lost a lot of their value. In fact, it was such a crisis it caused a nationwide economic crisis that took years to recover from, and many people never recovered at all.<br /><br />As a real estate investor and mentor since 1969 I made it my task to help as many people as possible to survive the crash, and even profit from it. My clients did not lose their properties, and most of them even made a lot of money because the flip side of every crisis is opportunity, and I showed them how to take advantage of that opportunity.<br /><br />And now we find ourselves about to repeat history, albeit from a different cause. Inflation and increasing interest rates make it hard for sellers to find qualified buyers, leaving many between a rock and a hard place. But the cause does not matter - only the result matters.<br /><br />And again I am prepared to help people survive the coming crash and even cash in - the wealth does not disappear - it simply changes hands. Your objective should be to have a bunch of it finding its way into <i><b>your </b></i>pocket. And I can help.<br /><br />So, who am I, and just how can I help you keep what is yours, and even profit from the crisis?<br /><br />My name is Bill Vaughn and I have devoted my life - over 50 years - to all things real estate: investing in it, rehabbing it, teaching it, mentoring those who need help. And I am good at what I do. And unlike "infomercial gurus" like <i><b>Than Merrill</b></i> and his <i><b>FortuneBuilders</b></i>, <i><b>Armando Montelongo</b></i> or <i><b>Ron Legrand</b></i> some of whom charge as much as $35,000, I do not charge much for my help - I do not need to because I make my money from investing. My clients gain access to everything I provide for less than the cost a one-time subscription to the daily news. To see just how much I provide, visit <a href="https://www.intellibiz.com">IntelliBiz</a> - it's worth checking out.<br /><br />If you are a homeowner and fear you might lose your home, my course, <span style="font-family: times;"><b><i>"The Simple Man's Guide to Real Estate"</i></b></span> can show you several methods to help prevent that. If you wish to become a homeowner, I can show you 24 methods, eight of which do not even require cash or credit. And if you want to cash in on the opportunities presented in a crisis, I can show you many ways to do that, too.<br /><br />I don't blame you if you harbor doubts, so I provide actual examples and documents of success stories on our website, <a href="https://www.intellibiz.com/homero.html">like this one</a> that netted a first-timer $10,000 in under 2 weeks, <a href="https://www.intellibiz.com/docs.html">this one</a> that put over $16,000 into a homeless mans pocket and this one that earned over <a href="https://www.intellibiz.com/hiram-deal.html">$100,000 profit</a>. </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"><br />If you missed the opportunities of the last economic crisis, do yourself a favor and don't miss it this time. At least check out what <span style="font-family: times;"><a href="https://www.intellibiz.com"><i><b>"The Simple Man's Guide to Real Estate"</b></i></a></span> can do for you.<br /><br />In any case, I and my staff wish you all the best.</span></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-19578888288496418352022-11-13T09:09:00.006-08:002023-04-26T06:09:38.950-07:00Profit From Real Estate in 2022-23 - the "Crisis Effect"<p><span style="font-size: medium;"><span style="font-family: helvetica;"> </span></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-size: medium;"><span style="font-family: helvetica;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi7JD-VVlOK4dJx0as04cF0GBB5u1kfTRJDu2yQx-4gG3EzqekDQkGKBAVefAlCoQEHT-HcTQqyVGv55z55r9o9h5A0zYQO38K9vlyhP9UmF57iTaEsGiSD44vlEKWsxZal54gzdUQTD4jK9TVfO73S8DTWz3W7nJ0y4tDBW2nIA8fpSAEn8gM0QDV7/s750/crisis_opportunity.png" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="500" data-original-width="750" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi7JD-VVlOK4dJx0as04cF0GBB5u1kfTRJDu2yQx-4gG3EzqekDQkGKBAVefAlCoQEHT-HcTQqyVGv55z55r9o9h5A0zYQO38K9vlyhP9UmF57iTaEsGiSD44vlEKWsxZal54gzdUQTD4jK9TVfO73S8DTWz3W7nJ0y4tDBW2nIA8fpSAEn8gM0QDV7/s320/crisis_opportunity.png" width="320" /></a></span></span></div><span style="font-size: medium;"><span style="font-family: helvetica;"><br /></span></span><p></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">Throughout human history, times of trial and strife have always been the most fertile ground upon which to grow wealth because there are two sides to everything. The flip side of "crisis" is "opportunity". In fact, the Chinese only have one word for both, just as "penny" describes a coin with two different sides. Ask anyone who owns a pawn shop - they thrive off the small personal crises of people by taking advantage of their need for immediate cash, then reselling those items at a huge profit, often at 500%.<br /><br /><br />What is true for any small, personal crisis is even more true for life's greater upheavals. The current pandemic , civil unrest and high inflation has all but destroyed the American economy. Many will lose much, if not all of what they have spent their lives trying to build. And while that is exceedingly sad, it also presents much opportunity for those who are prepared to take advantage of it. SOMEONE will - it may as well be you! And it won't take a big bank account or great credit, either.<br /><br /> <br /><br /><i><b>[Some may claim that people who take advantage of the misfortune of others is a "shark". But that is not necessarily the case. SOMEONE will take the opportunity if not you. While there are greedy people in every profession, there are also those who make every effort to be fair with everyone. I have personally trained thousands of new investors, and the first thing I attempt to drill into them is to always strive for a win-win situation. The investor who does so may earn less on each individual transaction, but the reputation he earns will result in more transactions and a very long career.]</b></i><br /><br /> <br /><br />And as of now, because of the high inflation and the increase in mortgage rates, real estate is now becoming available at much reduced cost as sellers cannot find many buyers - it's a buyers market! While the reason behind this market are not good, it does not change the fact that a LOT of money is to be made in real estate in the next 24-36 months. A savvy investor who know how to create the best deals will make a fortune - literally. As people flee the cities that suffer from draconian shutdowns, riots, rampant crime and freedom-robbing mandates, there is no shortage of willing buyers - only a shortage of buyers who are ready to take the plunge in this economy. Investors who know how to work this market will be able to create opportunities that buyers can afford and will jump at. <br /><br /><br />To begin to prepare yourself to be in the perfect position to benefit from this crisis, first realize that most great wealth has always been created from real estate - that is where the money is, and always has been. Much of America's wealth is tied up in real estate, and there will be a lot of it that will be changing hands due to the desperation of those who were ill-prepared to survive such a crisis as we now find ourselves in. So it stands to reason that those who know how to profit from real estate will be the ones who become very, very wealthy. And you do not need a pocket full of cash, or even good credit to get started. In fact, you do not need either cash or good credit.<br /><br /><br />And before you say, "But I'm broke, too. I certainly am not in any position to take advantage of that," I will tell you with certainty that you are - or, at least can be. In one day you can learn the "no cash, no credit" methods used by investors since the time of Moses, yet rarely used in more recent times because the rich do not need those methods, and the poor were never taught. There are eight such methods.<br /><br /><br />As the title of this piece suggests, this is the perfect time to prepare to make a lot of money from the current crisis by using this time to learn how. While it does not require cash or even credit, it does require know-how.<br /><br /><br /><i><b><a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate" </a></b></i>investing program was developed expressly to teach people without a access to a lot of cash or credit to successfully invest in real estate. The program has been used by over 316,000 people in 19 countries over the past 30+ years. Developed by the investor who was first to teach "flipping", long before any infomercial guru hit the late-night TV airwaves like <a href="https://www.scamsgalore.com/carlton-sheets.html"><i>Carleton Sheets</i></a>,<i> <a href="https://www.scamsgalore.com/armando-montelongo.html">Armando Montelongo</a></i> and <a href="https://www.scamsgalore.com/than-merrill.html"><i>Than Merrill</i></a>, the author of this program is the man who in 1985 developed the method that HUD used as the basis for the "reverse mortgage" in 1987. This program includes everything needed to invest in real estate regardless of your current situation, including free, unlimited mentoring by investors who volunteer to help you succeed.<br /><br /><br />If you learn nothing else, understand this - <b><i>wealth does not come from having money. It comes from having the knowledge that provides the money</i></b>. If you doubt that, research the fate of ordinary folks who hit the lottery. In almost every case they were broke - usually even worse off - within 5 years. Why? Because although they had money, they did not have the knowledge necessary to replenish what they were spending or to make it grow.<br /><br /><br />Knowledge! Knowing HOW to create wealth, often out of thin air. That is what every wealthy person has that you likely do not.<br /><br /><br />There has never been a better time to gain that know-how. And such a time may not come again in your lifetime. The future belongs to those who prepare for it. Will that be you? Or will you leave it to others...<br /><br /><br />The very least you can do for yourself and your loved ones is to <a href="https://www.intellibiz.com">check it out</a> - it costs nothing to look it over. And should you decide you want in on the bright future ahead, the entire program, which includes free mentoring, is available for under $150 complete, as it is offered on a not-for-profit basis and the investors who provide the free mentoring are all volunteers.<br /><br /><br />Today, this moment in time, you have a choice. There has never been a better time to choose to learn something that can change your life. What will YOU do with this moment?</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"> </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"><br /></span></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-71446237734318771452022-10-10T11:15:00.007-07:002022-11-30T18:17:43.991-08:00A Window of HUGE Opportunity In Real Estate<p><span style="font-size: medium;"><span style="font-family: helvetica;"> </span></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-size: medium;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0RhPnbZdhWV8EfyZWBP39zo5lnm4UnQWrkxIqDCTWORlDsm7s1Iqjn2WCbOvANMKEIVdbVrYcUOB9VwqZkxDidYNT6OeC_J1KsK7O416clKXxhTCaAvHYeh69tAssFJSf35Or2YDbI-Pi1hwJTTFuEF48FR598N1zgfc_ZvTYX7sZKqMUKwFUBMH0/s800/real-estate-profits.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="533" data-original-width="800" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0RhPnbZdhWV8EfyZWBP39zo5lnm4UnQWrkxIqDCTWORlDsm7s1Iqjn2WCbOvANMKEIVdbVrYcUOB9VwqZkxDidYNT6OeC_J1KsK7O416clKXxhTCaAvHYeh69tAssFJSf35Or2YDbI-Pi1hwJTTFuEF48FR598N1zgfc_ZvTYX7sZKqMUKwFUBMH0/s320/real-estate-profits.jpg" width="320" /></a></span></div><span style="font-size: medium;"><br /></span><p></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">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 <a href="https://www.intellibiz.com"><i><b>"The Simple Man's Guide to Real Estate"</b></i></a>). 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.<br /><br />That said, the current economic situation 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. On top of that, inflation is running rampant, and the Fed raising interest rates. So, exactly how has the real estate landscape changed, and what is the best strategy for profits? Bear in mind - high inflation coupled with high interest rate creates a BUYERS market - sellers have a hard time selling under those conditions. A savvy investor can make some great deals in that climate. How to turn this to your advantage 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 strategies for taking advantage (there are 21 other methods, depending on your goal):<br /><b><br />MASS MIGRATION:</b><br /><br />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 as crime is increasing exponentially, particularly in cities that are soft on crime. Couple that with the homeless population and illegal immigrants creating unsanitary, crime-ridden streets 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, while prices in those cities cave. 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.<br /><b><br />Work from Home is Here to Stay</b><br /><br />The ability of many workers to telecommute at least a few days a week has been happening for some time. The COVID-19 pandemic accelerated the trend and facilitated a more robust infrastructure to support remote workers. Zoom meetings are now common and more companies are comfortable with the technology, as an example.<br /><br />While about 24% of workers telecommuted in 2019 according to the Bureau of Labor Statistics, that number is clearly a lot higher today and will likely remain well above that number in years to come even once the need to social distance is in the rear-view mirror. Downtown office cores will be less of a draw, as will the need to live close to work for a short commute.<br /><br /><b>The Home Office as a Must-Have Feature</b><br /><br />Work from home is not great when the kitchen table is doubling as an office and perhaps a schoolroom too. Telecommuters are looking for more room so they can have a dedicated workspace and some privacy. Whether this means an extra bedroom or just well-designed nook spaces depends on age and family makeup. For investors renting or selling properties, a focus on creating private workspaces can pay dividends and attract quality tenants and buyers. <br /><br /><b>SUMMARY</b><br /><br />So then, how to take advantage of these unique circumstances? To begin, a person needs to learn the various methods, and choose one or more that serves their goals and their situation. For example, a person with poor credit and little cash would not be able to do rehabs without backers. Instead, they would concentrate their efforts on the (8) methods that do not require cash or credit. And the best (and least expensive) training program is <a href="https://www.intellibiz.com"><i><b>"The Simple Man's Guide to Real Estate"</b></i></a>. It is the only program that teaches all 24 methods, includes free, unlimited lifetime mentoring and the agreement software necessary, all for under $100 (they operate as a not-for-profit and their mentors are volunteer investors). Other programs like <a href="https://www.scamsgalore.com/armando-montelongo.html"><i>Armando Montelongo</i></a> and <a href="https://www.scamsgalore.com/than-merrill.html"><i>Than Merrill's FortuneBuilders</i></a> can run up t $35,000 or more<br /><br />Of course, these unique circumstances won't last forever - the early bird gets the profits, so it is best to get started as soon as you can. On the bright side, since <a href="https://www.intellibiz.com"><i><b>"The Simple Man's Guide to Real Estate"</b></i></a> details all 24 methods, even after the economy changes you will have methods available that will make you a lot of money "working" less than 10 hours a week and provide you and yours with a richer, fuller life - and the time to enjoy it!</span></span><br /><br />/<br /><br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-10674476462037400492022-08-23T20:04:00.005-07:002022-08-29T04:46:09.478-07:00The True Role of a Real Estate Investor in the Economy<p><span style="font-size: medium;"><span style="font-family: helvetica;"> </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"></span></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-size: medium;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitfZAh1MFiyE892Ysw8tsEU03sPGqRjWAoTm9Sf2LIZgbfU0pjvZiIdNov1DS_D-FqwGm3UCy5EmAxoFAtr0usuNt_P0ACOduwGhfUu-6xqqzb3h5Zg3FOat5IhDZK-JErzUzVTgZzq9pjnq0k-XMCaWKUYmCgj3e6F-cTbZDatYKwobtlpktuGYSf/s375/investinrealestate-56c337ac5f9b5829f86b24ce.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="250" data-original-width="375" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitfZAh1MFiyE892Ysw8tsEU03sPGqRjWAoTm9Sf2LIZgbfU0pjvZiIdNov1DS_D-FqwGm3UCy5EmAxoFAtr0usuNt_P0ACOduwGhfUu-6xqqzb3h5Zg3FOat5IhDZK-JErzUzVTgZzq9pjnq0k-XMCaWKUYmCgj3e6F-cTbZDatYKwobtlpktuGYSf/s320/investinrealestate-56c337ac5f9b5829f86b24ce.jpg" width="320" /></a></span></div><p><span style="font-size: medium;"><br />There seems to be a misconception among certain segments of our society as to the role real estate investors play in an economy. They believe that people who invest in real estate are nothing more than sharks preying on the less fortunate. And while that may happen in corporate, hedge fund and other investors like Armando Montelongo and Than Merrill who typically are not personally involved in the investment, nothing could be further from the truth as far as the individual investor who is personally involved.<br /><br />My name is Bill Vaughn. I have been personally involved in real estate investing since 1969, and I wrote the free ebook, <i><a href="https://www.success-by-design.org">"Success - by Design"</a></i> which has been downloaded over 4.2 million times, and in 1989 developed <a href="https://www.intellibiz.com"><i>"The Simple Man's Guide to Real Estate"</i></a> investing program through which I have personally taught thousands of people throughout North America how to grow wealth by doing what I do. I know real estate investing.<br /><br />Individual investors avoid preying upon anyone. On the contrary, they tend to benefit everyone involved in a transaction - not only themselves, but also the seller, the financing institution, the Realtor, appraiser and even the neighborhood in general. Let's look at an example:<br /><br />Joe homeowner has run into difficult times and is unemployed. His home is valued at $180,000 and he has $40,000 equity, leaving a $140,000 mortgage. First he defaults on his $10,000 credit card debt so his credit is already trashed. Nowhere to turn, he begins missing his mortgage payments. The bank has issued the foreclosure notice - Joe's family is losing their home. Upon foreclosure, they will have no home, lose their equity, have no money to rent a place and no credit. The future for Joe's family is bleak.<br /><br />A wise investor inserts himself and offers Joe a different future. He offers to pay off the $140,000 mortgage AND the $10,000 credit card debt and will give him an additional $5,000 to get a fresh start. In return, the investor gets the remaining $20,000 equity. Joe now has some jingle to get an apartment for his family with some cash left over for expenses, and his credit is beginning to mend since his debt has been paid in full. This is a far better outcome than Joe was looking at before the investor came along.<br /><br />The investor takes out his own 80% LTV mortgage ($144,000) on the place to pay off the old mortgage. He pays the $10,000 to pay off Joe's credit card debt and the $5,000 "walking" money for Joe out of pocket (in lieu of the down payment). This leaves the investor with a $180,000 property at a total out-of-pocket cost of $15,000. He markets the property at its $180,000 value. Upon closing, he pays off his $144,000 mortgage, gets his $15,000 back from paying off Joe's credit card debt and walking cash, leaving him a quick profit of $21,000 less expenses.<br /><br />Everyone wins. Not only was the investor not a predator, he was actually a saviour. For those who say "But poor Joe still lost his home" I would remind them that Joe was going to lose his home in any case. The investor did not cause the loss of his home, but did make it much, much easier for Joe. In fact, the investor could simply allow Joe's family to stay in the home with a lease with option to buy, giving Joe time to get back on his feet and buy his home back. The investor would profit more from the appreciation when Joe finally buys it back.<br /><br />This is only one of 24 different types of transactions - 8 of which do not require cash or credit - featured in <a href="https://www.intellibiz.com"><i>"The Simple Man's Guide to Real Estate."</i></a><br /><br />The point is: an investor, regardless of the type of transaction, would typically create a win-win deal because that is the only way to insure a lasting career. If he preys on people, it won't be long before his reputation nudges him out of deals. If you help everyone to win, they will help you to win because they want your good deals to keep benefiting them.<br /><br />I know. I have survived 53 years in this business!</span><br /><br />/</p><p></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-66372625026275816402022-03-29T07:52:00.005-07:002022-09-17T18:50:12.331-07:00Wholesaling Real Estate Options - Big Profits, Risk-Free<p><span style="font-size: medium;"><span style="font-family: helvetica;"><b> </b></span></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-size: medium;"><span style="font-family: helvetica;"><b><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiyHHna_BpdJn8dIKgm7KB3Hecw2zRCDslgn99EYPKX350a9qG5J9A3A5DrDILjjnXhLmEkv1YahxiubUy39Q5QUZmgFNFMA3jHN5QF8VhAe6fEhmUBAXhFxbPfv8K5sGv1qizDuN1ZHCE8dBnmqypY7n0lZFCyxGsRiFuYwLKkf7BNuNcwCNysRrHV/s1280/income.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="720" data-original-width="1280" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiyHHna_BpdJn8dIKgm7KB3Hecw2zRCDslgn99EYPKX350a9qG5J9A3A5DrDILjjnXhLmEkv1YahxiubUy39Q5QUZmgFNFMA3jHN5QF8VhAe6fEhmUBAXhFxbPfv8K5sGv1qizDuN1ZHCE8dBnmqypY7n0lZFCyxGsRiFuYwLKkf7BNuNcwCNysRrHV/s320/income.jpg" width="320" /></a></b></span></span></div><span style="font-size: medium;"><span style="font-family: helvetica;"><b><br /></b></span></span><p></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"><b> </b></span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"><b>WHOLESALING</b> - pushed by many of the late night infomercial "gurus" as a simple method for making fast cash in real estate. Technically called <i><b>assigning</b></i>, wholesaling is relatively simple, and it certainly can produce quick profits with little risk. Bear in mind, however, the "gurus" are only telling you the good points about a strategy and fail to point out the cons. After all, their job is to get your money, and telling potential customers about the down side would be counter productive.</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"></span></span></p><p><br /><span style="font-size: medium;"><span style="font-family: helvetica;"><span style="font-size: medium;"><span style="font-family: helvetica;">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 <a href="https://www.intellibiz.com">"The Simple Man's Guide
to Real Estate"</a>. A successful investor who started investing 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, once they
learn of it. But for now you will not find this powerful, risk-free
method taught by <a href="https://www.scamsgalore.com/than-merrill.html">Than Merrill</a> (FortuneBuilders), <a href="https://www.scamsgalore.com/armando-montelongo.html">Armando Montelongo</a>, <a href="https://www.scamsgalore.com/ron-legrand.html">Ron Legrand</a> or any other "guru". (It is a shame that strategies cannot be
patented.)</span></span></span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"><span style="font-size: medium;"><span style="font-family: helvetica;"> </span></span><br />In this post I will fill you in on the "down side" of typical wholesaling, and will also show you an even simpler method of accomplishing the same thing without the problems and risks normally associated with wholesaling. In fact, the method I am about to show you is simpler and 100% risk free. So simple, in fact, that an 8 year old could do it. But first, here are the issues surrounding the method taught by the 2:00am "gurus".</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">First and foremost among the issues of "wholesaling" as taught by the gurus: to lure you into paying way too much for their course they often promise to make their "pool" of investors available for you to sell to, literally overnight. But here is the problem - you cannot legally assign a real estate contract to any investor who is in a "pool" of investors lined up in advance and already waiting to buy them UNLESS you have a real estate license, because every state has laws that require a license to act as a "middleman" in a real estate transaction. Only real estate brokers and agents may do so. This is the reason why those gurus include some qualifier in their disclaimer about buying your notes such as "upon approval of the contract". I doubt they approve very many. (<a href="https://www.intellibiz.com"><i>"The Simple Man's Guide to Real Estate"</i></a> is the only program that teaches how to wholesale without acting as an agent for other investors)<br /><br />The second major issue for many novices: Not many sellers are going to agree to sell to you without 1) checking your credit (pre-approval), and 2), getting a substantial earnest money deposit. This is a roadblock for many would-be investors. (We remove that roadblock with our new method, below.)<br /><br />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. The contract will, by law have a closing date, usually no more than 45 days out. If you do not find someone to sell the contract to in that short time, it's over. You lose. More important - if you do find a buyyer in time the person you sell to will also have to close by that date, and unless he is paying all cash, he will require at least 30 days to close (banks drag their feet), leaving you with perhaps 2 weeks to find a buyer.<br /><br />The simple strategy I will divulge here, developed by me, my group of investors and a real estate attorney eliminates those issues altogether. It does not require ever going to a bank for pre-approval and does not require a substantial deposit - all that is legally required is $1.00. And as for having time to find a buyer, this strategy provides plenty of time. And finally, you do not need a ready pool of buyers.<br /><br />Simply put, everything is the same as wholesaling a purchase contract except that the investor would be wholesaling an <i><b>option</b></i> agreement instead of a <i><b>purchase</b></i> agreement. You see, with an option there is a <i><b>right</b></i> to buy during a specified time frame, but in contrast to a purchase agreement there is <i><b>no obligation to do so</b></i>. 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 - rarely more than $100, sometimes as little as $1.00 to bind the deal, which you get back from your end buyer. 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, not you.<br /><br />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, 30-45 days to exercise the option to buy, and if you cannot, he can cancel the option and sell to his other buyer. He has nothing to lose. So, in addition to the time you had during the option period to find a buyer, you can STILL get the typical 45 days allowed in the original method of wholesaling.</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">SUMMARY: You offer an "option to buy" to the seller. He has nothing to lose if there is a kick-out clause. The option period can be for as long as you want, as long as seller agrees (and why wouldn't he?). You then sell (assign) your option to a new buyer, and you take your wholesaling fee (usually $2,000-$20,000 depending on the deal) to the bank.<br /><br />Using the option method simplifies wholesaling and eliminates all risk. An investor could not ask for more - no cash outlay, no credit check, no income qualification, no risk.<br /><br />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 <i><a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a></i> becomes your most valuable resource, not only because it provides all that, but because it also comes with contract software and free mentoring if you need help - all for under $100.<br /><br />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.<br /><br /></span></span></p><p style="text-align: center;"><span style="font-size: medium;"><span style="font-family: helvetica;"><span style="font-size: small;">Brought to you ny <a href="https://www.intellibiz.com">IntelliBiz</a><br /></span></span></span></p><p style="text-align: left;"><span style="font-size: medium;"><span style="font-family: helvetica;"><br />/ </span></span><br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-65917713471858021652022-02-27T20:15:00.006-08:002023-05-21T09:25:14.339-07:00YES! You CAN Buy Real Estate Without Cash or Credit!<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjvNJxMaIVeaXGVkXXXvMZKoRLn8JcOrZVSEI4weuEOdS5kxJaGEOmdW5mwJkgTljy_RRGd-hzzHUKcxFCEVOX38tU5WksfMwak6psvRn_eMpr4WobWFeBHTPzQd0iWUvUNhDo9e432Tb8Ff_f9nZM6EoCs0qdldMz4E2ISMxHQ5-gkXswfJ2Dib1ps=s1280" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="720" data-original-width="1280" height="180" src="https://blogger.googleusercontent.com/img/a/AVvXsEjvNJxMaIVeaXGVkXXXvMZKoRLn8JcOrZVSEI4weuEOdS5kxJaGEOmdW5mwJkgTljy_RRGd-hzzHUKcxFCEVOX38tU5WksfMwak6psvRn_eMpr4WobWFeBHTPzQd0iWUvUNhDo9e432Tb8Ff_f9nZM6EoCs0qdldMz4E2ISMxHQ5-gkXswfJ2Dib1ps=s320" width="320" /></a></div><br /><p></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">If there is one thing that keeps people from growing wealth by investing in real estate it is the belief that "it takes money to make money". And there is no shortage of naysayers telling them it is not possible to buy real estate without a cash down payment and good credit. <br /><br />BUNK! </span></span><span style="font-size: medium;"><span style="font-family: helvetica;"><span style="font-size: medium;"><span style="font-family: helvetica;">I even had a high-price New York Real Estate attorney tell me it's not possible - until I <i><b>SHOWED</b></i> him!</span></span> We do it all the time. In fact, there are at least eight methods (there are <a href="https://simplemansguide.blogspot.com/2019/01/the-22-legitimate-methods-of-real.html">24 methods</a> in all) that do not require either cash or credit, and I will prove it here and now by showing you one of those methods. </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">Understand - the "no cash/no credit" methods are not the traditional methods everyone knows about which is why so few people - even a lot of investors (and high-priced NY Real Estate Attorneys) - don't know about them. The idea is to learn these lesser known strategies to build up a bankroll so you can also use the other 16 methods that DO require cash. The result - your "toolbox" with have a lot more tools than most investors so you can get the edge on even professionals.<br /><br />So here is a freebie for you - you will not learn these strategies from <a href="https://www.real-estate-made-easy.com/armando-montelongo.html">Armando Montelongo</a>, <a href="https://www.real-estate-made-easy.com/than-merrill.html">Than Merrill (FortuneBuilders)</a> or <a href="http://www.scamsgalore.com/ron-legrand.html">Ron LeGrand</a>:<br /><br />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 do 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.<br /><br />This method, approved by the I.R.S. is known as <b>Equity Participation</b>, 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 23 other methods, some well-known, some not.<br /><br />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.<br /><br />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.<br /><br /><b>Here is how it works:</b><br /><br />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. <br /><br />At closing the bank puts up the $135,000 in a mortgage instrument. From that, the closing agent uses $85,000 to close out the seller's existing mortgage, leaving the seller's equity - $65,000. The seller puts up $15,000 of HIS equity to use 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.<br /><br /><b>TO RECAP</b>: the seller, looking for a good investment leaves $15,000 of his equity on the table as your down payment, and becomes a partner in the property. And if your credit is too weak to qualify for the mortgage, your partner's credit can be used to supplement yours. Hence, no cash or credit necessary.<br /><br />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 remaining 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 - PLUS HALF THE NET RENTS if you rented it out for that period.<br /><br />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.<br /><br />This method, used either way, is powerful, and much safer than most other investments. And there are seven more "no cash" methods - most are even simpler than this one.<br /><br />For more detail, and to have access to a professional investor as a mentor, order your copy of <i><b><a href="http://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a></b></i>. In addition to <a href="https://simplemansguide.blogspot.com/2019/01/the-22-legitimate-methods-of-real.html">all 24 methods of investing</a> 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.<br /><br />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 that has been good to us.<br /><br />At least check it out - it costs nothing to<a href="https://www.intellibiz.com"> look us over.<br /></a></span></span><br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-5644128898305566442022-02-27T09:29:00.004-08:002022-02-27T09:33:34.738-08:00So You Want To Become A Real Estate Investor...<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgHWIVNC7vQ7bn_BrxvO933dAkTQ6dsUMbyhW8PMMyZDKztAfHSdp7T71D9Ij0EocZNaJ9SICp2V2mbBEqDNibnBWqdrtfsch_Jh3v9yZSvTxGKqStN3woezjigRUtQGQ06cg9WTZXlm_t3SzIwm22eF8tzZlAVzCko6XiT6IJP9f-HJf5fVU8euxbt=s487" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="444" data-original-width="487" height="292" src="https://blogger.googleusercontent.com/img/a/AVvXsEgHWIVNC7vQ7bn_BrxvO933dAkTQ6dsUMbyhW8PMMyZDKztAfHSdp7T71D9Ij0EocZNaJ9SICp2V2mbBEqDNibnBWqdrtfsch_Jh3v9yZSvTxGKqStN3woezjigRUtQGQ06cg9WTZXlm_t3SzIwm22eF8tzZlAVzCko6XiT6IJP9f-HJf5fVU8euxbt=s320" width="320" /></a></div><br /><p></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">It's a fact - 90% of all millionaires made their fortunes in real estate. Aside from winning the lottery, it is the most likely route to wealth for those without the advantages of an expensive college education and those without experience or other assets. Even cash and credit are not really necessary, though such things do make it easier.<br /><br /><b>Real estate investing</b> is not rocket science - it is an art that anyone can develop. There are only four requirements:</span></span></p><ol style="text-align: left;"><li><span style="font-size: medium;"><span style="font-family: helvetica;"></span><span style="font-family: helvetica;">knowing the methods and strategies, and how to work the</span></span></li><li><span style="font-size: medium;"><span style="font-family: helvetica;"></span><span style="font-family: helvetica;">software that automatically crafts flawless purchase & sales agreements that insure your success</span><span style="font-family: helvetica;"> </span></span></li><li><span style="font-size: medium;"><span style="font-family: helvetica;">having an experienced mentor to help you</span></span></li><li><span style="font-size: medium;"><span style="font-family: helvetica;"></span><span style="font-family: helvetica;">determination and the willingness to put in a few hours a week</span></span></li></ol><p><span style="font-size: medium;"><span style="font-family: helvetica;"><br />There are three methods capable of helping you to become a real estate investor:</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"><br /></span></span></p><ol style="text-align: left;"><li><span style="font-size: medium;"><span style="font-family: helvetica;">Self-taught, fly by the seat of your pants, learn from costly mistakes. You could get lucky.</span></span></li><li><span style="font-size: medium;"><span style="font-family: helvetica;">Sign up with some "guru" like <a href="https://www.scamsgalore.com/than-merrill.html"><b>Than Merrill FortuneBuilders</b></a> or <a href="https://www.scamsgalore.com/armando-montelongo.html"><b>Armando Montelongo</b></a> who will teach you 2 or 3 methods, at a cost $35,000+ and whose primary concern is obviously their own wealth</span></span></li><li><span style="font-size: medium;"><span style="font-family: helvetica;">Invest under $100 in a program that teaches, in detail, <a href="https://simplemansguide.blogspot.com/2019/01/the-22-legitimate-methods-of-real.html">all 24 methods of real estate investing</a> (8 of which do not require either cash or credit), includes patented software that automatically creates all the necessary agreements and includes unlimited mentoring with a professional investor to help yiou at every step - everything required for success at a cost anyone can afford. To learn more about this program that has been a best seller for over 30 years, visit <a href="https://www.intellibiz.com"><span style="font-family: times;"><i><b>"The Simple Man's Guide to Real Estate"</b></i></span></a> here.</span></span></li></ol><p><span style="font-size: medium;"><span style="font-family: helvetica;"><span><br />There is much to be said about learning how to invest successfully in real estate. And there is no better time to learn than right now. Not a year from now; not a month from now. <i><b>NOW!</b></i> Because NOW is really the only time we have.</span> </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"> </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">/ </span></span><br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-13140512350581066632022-01-08T19:53:00.002-08:002022-01-09T05:00:26.256-08:00Real Estate Investing 2.0 - Getting Free Merchandise<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEgbiHgLeScTEJjCKAW4QVHqqqq62-lOtDz15zFJI8cZDNeQ80lh4qZtCGeh6wb8Q_q0MKVbs5gZ9ur3hpBFQmr3VosNr2FI7p3S6_7Lrgp5kLJznHcWLl7tlfLpBliXBYCj4AWZxIffAAKdjCPl5q-UNgFcDh8tOLNm6vZcczGFv25kLBLFwsIVOHcP=s610" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="320" data-original-width="610" height="168" src="https://blogger.googleusercontent.com/img/a/AVvXsEgbiHgLeScTEJjCKAW4QVHqqqq62-lOtDz15zFJI8cZDNeQ80lh4qZtCGeh6wb8Q_q0MKVbs5gZ9ur3hpBFQmr3VosNr2FI7p3S6_7Lrgp5kLJznHcWLl7tlfLpBliXBYCj4AWZxIffAAKdjCPl5q-UNgFcDh8tOLNm6vZcczGFv25kLBLFwsIVOHcP=s320" width="320" /></a></div><br /><p><br /></p>
<p align="left"><span style="font-family: ARIAL; font-size: medium;">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 <a>negotiate</a> 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".</span></p><span style="font-size: medium;">
</span><p align="left"><span style="font-family: ARIAL; font-size: medium;">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. In another instance, an abandoned 1964
Mustang sitting out in the field was included. Have you priced one of these lately? The owner just
didn't know its value. Or how about this 1980 Porsche 924 Turbo that was siting in a barn and I managed to get for just $1.00 extra (runs great, sold it for $11,500)<br /></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-size: medium;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEiumXIH_JeiPM4H-5n84rK9EPiV4X23ybUi_bmpc6ozIooblRA33KEkjEr2VLUT9k-jh3L9TNfiV3DEehXvpYe1S4OLXqPV_bHtpsQMAD9vDuBe7vBbdZomYV1Vdj8K_Do-mFsKwyYoDU6v3S13brLOUuaJW73ZuJaT-LpZTpL0tR9u2tP1882KIEdS=s640" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="480" data-original-width="640" height="240" src="https://blogger.googleusercontent.com/img/a/AVvXsEiumXIH_JeiPM4H-5n84rK9EPiV4X23ybUi_bmpc6ozIooblRA33KEkjEr2VLUT9k-jh3L9TNfiV3DEehXvpYe1S4OLXqPV_bHtpsQMAD9vDuBe7vBbdZomYV1Vdj8K_Do-mFsKwyYoDU6v3S13brLOUuaJW73ZuJaT-LpZTpL0tR9u2tP1882KIEdS=s320" width="320" /></a></span></div><span style="font-size: medium;"><br /><span style="font-family: ARIAL;"><br /></span></span><span style="font-size: medium;">
</span><p align="left"><span style="font-family: ARIAL; font-size: medium;">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.</span></p><span style="font-size: medium;">
</span><p align="left"><span style="font-family: ARIAL; font-size: medium;">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.</span></p><span style="font-size: medium;">
</span><p align="left"><span style="font-family: ARIAL; font-size: medium;">Of course, when you resell the real estate, be sure to exclude these items from your sales
agreement. Don't you be the one giving them away!<br /></span></p><span style="font-size: medium;">
</span><p align="left"><span style="font-family: ARIAL; font-size: medium;">Oh, and if the property 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.</span></p><span style="font-size: medium;">
</span><p align="left"><span style="font-family: ARIAL; font-size: medium;">Bear in mind that many of our techniques will increase your <a>tax liability</a> due to these extra profits. To reduce your taxes, you can give
these items away to charity and write off their full value, rather than sell at half-value (which
adds to your income - and your taxes!)</span></p><p align="left"><span style="font-family: ARIAL; font-size: medium;">Check out <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate Investing"</a> for a lot more ntips to increase profits or decrease costs. <br /></span></p><p align="left"><span style="font-family: ARIAL; font-size: medium;"> </span></p><p align="left"><span style="font-family: ARIAL;">/ <br /></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-42121793255363472802021-12-05T07:24:00.006-08:002022-09-19T05:56:53.689-07:00Basics of Rehabbing for First-Timers<div class="separator" style="clear: both;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1ShSsMVvRM6pcIo1qaFcT1_bYRF022dj2HxpEIqhGWcNbMDKmmzpTHxajwUwuaqYj5r7yhg_lPus91-zNRTW9U1gC54OW5U2Uzh9YH1SGF7ah4vs1d77j0Kx3D5hOfcwVUdcM1HKvzLc/s566/b0fd80d4ac3e1189399780c122ec5108.jpg" style="display: block; padding: 1em 0px; text-align: center;"><img alt="" border="0" data-original-height="251" data-original-width="566" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1ShSsMVvRM6pcIo1qaFcT1_bYRF022dj2HxpEIqhGWcNbMDKmmzpTHxajwUwuaqYj5r7yhg_lPus91-zNRTW9U1gC54OW5U2Uzh9YH1SGF7ah4vs1d77j0Kx3D5hOfcwVUdcM1HKvzLc/s320/b0fd80d4ac3e1189399780c122ec5108.jpg" width="320" /></a></div><p>
<span style="font-size: medium;"><span style="font-family: helvetica;">If you are reading this, it is nearly certain you have seen some of those rehab shows on TV that show the hosts turning a dump into a million dollar showplace, and you see all that "equity" they have earned.</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"> As a general rule, that is not how it's done in the real world. 98% of first-time rehabbers who do it that way will lose a LOT of money, and here is the reason why (and how you can do better): </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">With rare exception, a renovation will never return 100% of investment, let alone more than 100%. Those rehabbers on TV have very deep pockets behind them - the sponsors and the station have to get ratings. They can only do that by using sensationalism. To them, it is advertising costs designed to bring in revenue. They do not care about the cost to create a silk purse out of a sow's ear. They don't really care if they cannot sell it for a profit (or even at a loss). But if you know the secrets of pro rehabbers that are not on late night TV, you can make a ton of money. But first, understand this important fact </span></span><span style="font-size: medium;"><span style="font-family: helvetica;"><span style="font-size: medium;"><span style="font-family: helvetica;">of renovating a house</span></span>:<br /></span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">It is difficult to get a dollar back for a dollar invested. For example, one of the most expensive parts of a full UPSCALE rehab (as done in those shows) is the bathroom at an average cost of $57,411. But the added resale value on average is just $32,998 - a LOSS of 42.5%. For every dollar invested you get 57.5 cents back.
Overall, the cost of a full rehab of a home will only add roughly 64% to the resale value - meaning you LOSE 36%.
That's fine if you have a TV show backed by big bucks and you don't care if the place will sell at a huge loss. Sure, they will tell you they turned a $200K home into a $500K show piece and therefore "made" $300K. But what they do not tell you is they paid out $400K in rehab costs to make that $300K in equity, so they lost $100K - they paid $200K for the house plus $400K in rehab = $600K for a place that MIGHT sell for $500K. </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">So, how DOES an investor make money on a rehab? The secret lies in choosing properties where the necessary renovations are mostly cosmetic that can be done quickly with little cost. NOT knocking out walls, adding dormers or installing stuff that only the wealthy can afford. Understand - the longer the rehab takes, the more it costs - property taxes, insurance, mortgage principle and interest, electricity... </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">The first thing one must do is evaluate the property before buying it. First and foremost, ideally it should be the worst house in a nice <i><b>middle-class</b></i> neighborhood. Middle class buyers outnumber wealthy buyers 10-1, so it will be easier and quicker to resell. Then, keep the home in line with the neighborhood - if you build a mansion in a neighborhood of $200,000 homes, you will lose a fortune - people who live in a $200K neighborhood cannot afford a manse, and people who can afford a manse don't want to live in a $200,000 neighborhood. </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">Avoid buying anything that has structural issues. The free ebook <b>"The Simple Man's Guide to Buying An Older Home"</b> shows what to look for, and how to evaluate the potential. This ebook is one of several books that can be downloaded free from <a href="https://www.intellibiz.com"><i><b>"The Simple Man's Guide to Real Estate"</b></i></a> website. </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">The next thing one must do is get a real bargain on the property to be rehabbed. "The Simple Man's Guide to Real Estate" shows a number of ways to accomplish that, along with pitfalls to avoid. It also shows how to determine a fair purchase price based on a tried and true formula, to insure you do not overpay. </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">Use salvage (salvage yards are in nearly every community) where it does not show - once painted or sanded, old salvaged boards look new. Also use salvage to create "old home charm" that adds value above the cost - a refurbished clawfoot tub as an example, or an old fireplace mantle. </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">One thing that usually adds more value than it costs - a new front door, and nice landscaping. Curb appeal is important - first impressions mean a lot. Also add mirrors in the home - they create a sense of more room, and they reflect light, making it brighter. </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">There are a lot of things you can do to add value to a home and make yourself a good profit. A great way to begin is to turn off those house flipping shows and pick up a copy of <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a>. </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"> </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"> \
</span></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-30410199894363091502021-09-21T10:01:00.007-07:002022-05-04T17:06:17.124-07:00Real Estate Investing - What Is The Cost Of An Education?<p><span style="font-size: medium;"><span style="font-family: helvetica;"> </span></span></p><span style="font-size: medium;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj09gc5HUeUDLsTZxha4sCN3BzyUrS7RQ8bwegPE0s8PCv7i7c4RrRIgLP9N-BuN4esHfMYPVY9Q4suCNKZI6jwrOpMbqFuOVIeRmpdjvjZHJA-Iy8lh7vbjFWipKJ0BdBVacirXfo5w2s/s1000/1701_AI_Counting_the_cost.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="625" data-original-width="1000" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj09gc5HUeUDLsTZxha4sCN3BzyUrS7RQ8bwegPE0s8PCv7i7c4RrRIgLP9N-BuN4esHfMYPVY9Q4suCNKZI6jwrOpMbqFuOVIeRmpdjvjZHJA-Iy8lh7vbjFWipKJ0BdBVacirXfo5w2s/s320/1701_AI_Counting_the_cost.jpg" width="320" /></a></div><br /><span style="font-family: helvetica;"><br /></span></span><p></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">It is a rare individual who has not seen those late night "infomercial gurus" advertising for their "free" seminars that promise to make you a wealthy real estate investor.<br /><br />Let's begin with a few facts:<br /></span></span></p><ul style="text-align: left;"><li><span style="font-size: medium;"><span style="font-family: helvetica;">Nothing has made millionaires out of more ordinary folks than real estate</span></span></li><li><span style="font-size: medium;"><span style="font-family: helvetica;">Investing in real estate does not require any college degree, or even a high school diploma. A complete education should not cost more than a few hundred dollars.</span></span></li><li><span style="font-size: medium;"><span style="font-family: helvetica;">"Infomercial gurus" spend millions each month on radio advertising, infomercials and free seminars</span></span></li><li><span style="font-size: medium;"><span style="font-family: helvetica;">Real Estate investing seminars are not for teaching - they are for UPSELLING. And making the gurus rich</span></span></li></ul><p style="text-align: left;"><span style="font-size: medium;"><span style="font-family: helvetica;"><br />With that in mind, consider the top seminar being touted these days - Than Merrill's FortuneBuilders. if you make the mistake of believing you can become an expert by attending one of Than Merrill's weekend seminars, or even his second step (boot camp) costing up to $1500 you will be disappointed. To get a comprehensive education in real estate investment from <a href="https://www.scamsgalore.com/than-merrill.html">Than Merrill</a>, his FortuneBuilders Mastery program is what you will need to sign up for. But that will cost you - big time! Upwards of $35,000. Same thing with <a href="https://www.scamsgalore.com/armando-montelongo.html">Armando Montelongo</a> and most others.<br /><br />KNOW THIS: There is not any real estate investing program that is worth what those gurus charge. They charge that much because they have to cover all the expenses of getting you to show up and sign up, and because of greed!<br /><br />So, what alternatives are there?<br /><br />There are three: <br /></span></span></p><ol style="text-align: left;"><li><span style="font-size: medium;"><span style="font-family: helvetica;">The first is to be self-taught, by trial and error, and pray your lack of experience doesn't put you in the poor house</span></span></li><li><span style="font-size: medium;"><span style="font-family: helvetica;">The second is a low cost program by an experienced investor with credentials, who will include mentoring as needed</span></span></li><li><span style="font-size: medium;"><span style="font-family: helvetica;">The third is to just give up your dream</span></span></li></ol><p style="text-align: left;"><span style="font-size: medium;"><span style="font-family: helvetica;"><br />That third option is not conducive for success in anything - giving up is never the right choice. The first option is risky, but could work out if you are lucky. But the best choice is the second one, and there is only one program that is not only very inexpensive (under $100) but also includes everything you need, including free, unlimited mentoring.<br /><br />Why so cheap? <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a> is offered on a non-profit basis by actual investors who desire to help others as required by their faith. All of their mentors are also professional investors who volunteer their services to that end.<br /><br />If you ever thought about investing in real estate and becoming financially secure in a career where you can never be fired, laid off or passed over for promotion, it is worth looking into - after all, <a href="https://www.intellibiz.com">it costs nothing to look</a>. But think about what it could cost you if you do not. If Homero had not grabbed the opportunity, he would not have taken home this certified check for $10,000 in just two weeks. So you should at least think about it. Anyone can do this. No cash, credit or experience required.<br /></span></span></p><p style="text-align: left;"><span style="font-size: medium;"></span></p><div class="separator" style="clear: both; text-align: center;"><span style="font-size: medium;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0LALu3M4ZGWZORUO0uEZJjAo__xFwvGXBL5BGBf8Sse2tHjNCn2bRAhnugZihlhgCX781Q3n4OibXmKLNPVZSCLm896bouy9sJ6c_-6aRBnBi8k33ShHzEb8bLtt8px8NrFrbzYV1f9CK6DGE2JQWolH8_GEOPPfCQ5AJppeRiodOxCChGRqY7I9q/s613/homero.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="520" data-original-width="613" height="370" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0LALu3M4ZGWZORUO0uEZJjAo__xFwvGXBL5BGBf8Sse2tHjNCn2bRAhnugZihlhgCX781Q3n4OibXmKLNPVZSCLm896bouy9sJ6c_-6aRBnBi8k33ShHzEb8bLtt8px8NrFrbzYV1f9CK6DGE2JQWolH8_GEOPPfCQ5AJppeRiodOxCChGRqY7I9q/w502-h370/homero.jpg" width="502" /></a></span></div><span style="font-size: medium;"><br /><span style="font-family: helvetica;"><br /></span></span><p></p><p style="text-align: left;"><span style="font-size: medium;"><span style="font-family: helvetica;"> </span></span></p><p style="text-align: left;"><span style="font-size: medium;"><span style="font-family: helvetica;">\ </span></span><br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-12925403318909194772021-04-18T18:57:00.007-07:002021-09-30T11:59:05.958-07:00The Simple Man's Guide to Real Estate - Debunking Bogus "Complaints"<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhPExBnUb1VqEBLmGNy5qnLyHG1wZ93l3ukCn8JG4MBoEpIcrpixOHNI2kVoyA9pJi3yt2wKnQk0k-BMYrhz5-teqdQkV-_G9N6VPH5D5ahXcMlhOWmYTk4mIB1DBf1dxQ2sCREKCPdqrc/s763/realestate_banner+%25281%2529.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="212" data-original-width="763" height="110" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhPExBnUb1VqEBLmGNy5qnLyHG1wZ93l3ukCn8JG4MBoEpIcrpixOHNI2kVoyA9pJi3yt2wKnQk0k-BMYrhz5-teqdQkV-_G9N6VPH5D5ahXcMlhOWmYTk4mIB1DBf1dxQ2sCREKCPdqrc/w364-h110/realestate_banner+%25281%2529.jpg" width="364" /></a></div><p></p><p><br /></p><p><span style="font-size: small;"><span style="font-family: helvetica;">Social media has become a minefield for nearly every business, religion, color, sex and political bent. And unless everyone actively fights back against the dishonesty and smears by those who wish them harm, it will spell doom for our entire society. Look around - then tell me I am wrong.<br /></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;">Every business, no matter how good they are, will get complaints, simply because some people cannot be pleased no matter how hard a business might try. And there are those who have a different agenda - they may be a competitor, out to smear their competition. And now, in today's "cancel culture" world, there are those malcontents whose only joy in life comes from finding things to be offended by, and then smear anyone who does not believe the same things they believe.</span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;">Until now, we have been remiss in dealing with fraudulent complaints directed at IntelliBiz and <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a>. </span></span><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;">But now the time has come to take on the smear merchants, and that is what this post will do. We are not perfect, but all the "complaints" - every last one - on the "gripe" sites like Rip-off Report and many others are either inaccurate, "sour grapes" or just plain bogus. Some were even posted by people who never even purchased our materials. We will list some here as examples of the dishonesty, and provide our response.</span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;">One complaint states that our materials are "basic and out of date." Upon checking, the person who posted that complaint never even ordered our program. The fact remains that our materials are updated constantly, and he would know that if he had ever seen our materials.</span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;">One person claimed the info in our program can be found free on the internet. While many methods are widely published in condensed form, the bulk of our material is original (and copyrighted) material, and goes into detail, and our contract software is patented and trademarked.</span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;">One person who posted on several gripe sites claim we charge a "hidden fee" of $9.95/month. When we checked out that person, it was discovered that he purchased our materials on our E-Z payment plan of $9.95/month. It was not a "hidden fee" - it was the cost of the program materials in a monthly payment plan, which, by the way, he refused to pay. He literally stole our materials. When we sent him a bill, he filed those bogus complaints. And that is the reason we no longer offer any payment plan.</span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;">One lady posted she did not get everything she was supposed to receive, but did not bother to retract her complaint even after she discovered she did get everything - she had not read the directions, so she had not located the 24 Bonus Ebooks on one of the CD's, or the contract software on another.</span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;">One customer complained she was unable to connect with her free, lifetime mentor. Upon checking, it was discovered that she sent 3 "requests" - empty emails without any actual request. We responded to each, stating she had to at least tell the mentor what she needed help with. She did not respond to any of our emails. We have no idea what she expected, but our mentors are not psychic.</span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;">A social media "influencer", or so she thinks because she had over 100K followers on Twitter, demanded a free copy of our materials, claiming she would give us a "good review", and if we refused, she would post a bad review. We advised her that we do not want nor need phony reviews and do not cave to extortion. She then proceeded to trash us with bogus complaints on the gripe sites. We were successful in getting her Twitter account shut down for her illegal activity. <br /></span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;">One person even posted a complaint because we did not have any customers from Falls Church, VA, as if that was even under our control. We are relatively certain that there are other communities we do not have clients in, as well - but not many, as we have served over 316,000 customers to date in 19 countries.</span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;">Here's the point: anyone can post anything on the gripe sites, even anonymously. The gripe sites do not vet them to find out if there may be any grain of truth. For that reason, alone, only foolish people would give any credibility to anything posted thereon. If you want to check on a company to see if they are legitimate, and see if there are any vetted complaints, check with the Better Business Bureau or other credible consumer advocacy sites that require a poster to at least identify themselves and accept responsibility for what they post. If a person has a valid complaint, they will post to the BBB. If they only post on a smear site, it is likely because they could not authenticate their complaint with the BBB.</span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;">To make it easy to check up on us, you can view our BBB report <a href="https://www.bbb.org/search?find_country=USA&find_latlng=36.726532%2C-78.128886&find_loc=South%20Hill%2C%20VA&find_text=intellibiz&page=1&touched=1">here...</a></span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;"> As you can see, we have been in business since 1989 and maintain a rating of A+ at the Better Business Bureau. You might also notice we are not "BBB Accredited", which only means we are NOT a dues paying member, so you can rest assured we have not "purchased" that rating with payments to the BBB.</span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;"> We are not perfect by any means, but our program works, it works well, and thousands have profited from it. <br /></span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;">'Nuff said.</span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;"> </span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;"> <br /></span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;"> </span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;"><br /></span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;"><br /></span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"><span style="font-size: small;"><span style="font-family: helvetica;"><br /></span></span></span></span></p><p><span style="font-size: small;"><span style="font-family: helvetica;"> </span></span><br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-3282133608057913792021-02-11T11:45:00.005-08:002021-04-22T17:51:37.452-07:00 COVID-19 Driven Real Estate Trends for 2021 & Beyond<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiCsiYxLe3mSsmSbPp4yT5cv5iIWF_vNhfxa1fPCL9XFjVDb_k_x3lugwBGgtmHsPA-Z_400dJNQPu8I9Hl1ZpbKUYfGuNG0uB7LDO5VKo6gqXc4gX81p_RUPaxgpM-NWUKYsRFX2QgEis/s600/header3a.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="294" data-original-width="600" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiCsiYxLe3mSsmSbPp4yT5cv5iIWF_vNhfxa1fPCL9XFjVDb_k_x3lugwBGgtmHsPA-Z_400dJNQPu8I9Hl1ZpbKUYfGuNG0uB7LDO5VKo6gqXc4gX81p_RUPaxgpM-NWUKYsRFX2QgEis/s320/header3a.jpg" width="320" /></a></div><p style="text-align: center;">(Courtesy of SAFEGUARD ADVISORS)<br /></p><p style="text-align: left;"><br /><span style="font-family: helvetica;">As we begin a new year, we can hopefully look in the rear-view mirror at the bleak reality that the coronavirus pandemic made of 2020. For real estate investors, an awareness of market trends can be a valuable tool to making the right types of investments in the right locations - especially with their self-directed IRA or Solo 401(k).<br /><br />Here are some of the high-level changes that experts are talking about.<br /><br /><b><span style="font-size: medium;">Work from Home is Here to Stay</span></b><br /><br />The ability of many workers to telecommute at least a few days a week has been happening for some time. The COVID-19 pandemic accelerated the trend and facilitated a more robust infrastructure to support remote workers. Zoom meetings are now common and more companies are comfortable with the technology, as an example.<br /><br />While about 24% of workers telecommuted in 2019 according to the Bureau of Labor Statistics, that number is clearly a lot higher today and will likely remain well above that number in years to come even once the need to social distance is in the rear-view mirror.<br /><br />Downtown office cores will be less of a draw, as will needing to live close to work for a short commute.<br /><b><span style="font-size: medium;"><br />The Home Office as a Must-Have Feature</span></b><br /><br />Work from home is not great when the kitchen table is doubling as an office and perhaps a schoolroom too. Telecommuters are looking for more room so they can have a dedicated workspace and some privacy. Whether this means an extra bedroom or just well-designed nook spaces depends on age and family makeup. For investors renting or selling properties, a focus on creating private workspaces can pay dividends and attract quality tenants and buyers.<br /><br />If there is room for a home gym too, that is even better.<br /><br /><span style="font-size: medium;"><b>Big City Exodus</b></span><br /><br />Another existing trend that was greatly accelerated due to COVID is the migration of tech and information workers away from expensive cities to more affordable suburbs and smaller metros. While rent rates are dropping in the most expensive cities like New York, San Francisco, and Los Angeles, they are rising in smaller “Zoom Towns” such as Spokane, Bakersfield, and Des Moines.<br /><br />The data shows that most such moves are more than 2 hours away, so this is not the typical flight to the suburbs. A more significant migration is taking place.<br /><br />While lowering cost of living is a priority for many movers, other factors such as access to nature or outdoor recreation are big draws when it comes to relocating.<br /><br />Understanding this generational shift can put investors ahead of the curve. Buying properties in the right smaller cities that will appeal to families looking for more space and access to the outdoors will be a good move.<br /><b><span style="font-size: medium;"><br />Real Estate Transactions are now Digital</span></b><br /><br />Real estate data giant Zillow reported a surge in traffic of for sale listings of more than 50% in May of 2020. The numbers have remained well above historical levels for the platform.<br /><br />More and more listings now include 3D virtual tours. Likewise, digital mortgage applications and title closings are becoming more common.<br /><br />Shoppers can now compare more homes, more quickly, from the comfort of wherever they happen to have a good wi-fi connection. This will definitely change the way properties are marketed to buyers and tenants alike.<br /><br />In addition to picking the right colors for a remodel, investors will need to become skilled at using the right search terms for online advertisement. Home office will certainly be near the top of the list, as will biking or hiking trails nearby.<br /><br />Marketing efforts will also need to focus more on screen-friendly visuals. Virtual tours, quality photos, and even staging that highlights separate workspaces will all produce good results.<br /><br /><span style="font-size: medium;"><b>Low Mortgage Rates</b></span><br /><br />Let’s not forget that home mortgage rates are at historical lows and likely to stay low for some time. This increases home affordability and will open the possibility of home ownership to a broader group.<br /><br />Many younger households that have been trapped in high rent big cities can now think about purchasing an in-city condo or stretching out a bit in the suburbs.<br /><br />Any time there is an increase in entry level home buyers, that means opportunity for smart investors. Home flippers can focus on renovating older homes to make them more appealing to a younger crowd. As inner-city rents continue to decline, the opportunity to purchase condos and townhouses at discount and resell or hold as rentals will increase.<br /><br /><b><span style="font-size: medium;">The Delivery Economy</span></b><br /><br />The impact of COVID on various economic groups has been very uneven. Professional workers and especially participants in the digital economy have been doing quite well and have the freedom to relocate to suit their needs. Other sectors like retail, dining, entertainment, and travel that typically provide a wide base of employment have been hammered. A lot of those jobs will not be coming back, either.<br /><br />The flip side is that the delivery economy is booming. Warehousing and distribution services are seeing immense new investment as click-to-buy replaces a trip to the store. This has produced strong employment and corresponding renter demand in hub cities like Memphis, TN, Fort Worth, TX, and Ontario, CA that serve air freight and distribution facilities.<br /><br /><span style="font-size: medium;"><b>A Coming Construction Boom?<br /></b></span><br />Some indicators are pointing to a big increase in new home building. The demand for housing is far outstripping supply as it has for many years. Capital to build is relatively inexpensive. Questions remain around material supply chains and labor for builders, but it is clear that the building industry will be a real driver of economic recovery. Expect a lot of energy and capital to be dedicated to getting the building industry moving forward, perhaps including some relaxation of regulatory constraints in some areas.</span></p><p style="text-align: left;"><span style="font-family: helvetica;">On the flip side, due to the lack of availability of building materials, prices are going through the roof and will likely stifle a lot of new building. Plywood, especially, as so many metro areas are forced to board everything up in the face of riots and looting. And if building starts do stall, the price of existing real estate will rise quickly, resulting in bigger profits for investors.</span></p><p style="text-align: left;"><span style="font-family: helvetica;"><br />In either scenario, for investors this can mean opportunity by providing capital to smaller builders in the form of construction loans, acquiring land in the path of growth, or just following the money to invest in rentals near where growth is happening.<br /><br /><span style="font-size: medium;"><b>The Only Certainty is Change</b></span><br /><br />This list only touches the surface of the kinds of once in a generation shifts occurring in the real estate space. There will surely be many more changes in the ways that Americans choose to live, work, and play in the coming years. All of this will create movement of people and capital on a considerably larger scale than we have seen in a long time. All that movement means opportunity for those who can place their capital ahead of the demand curve.</span></p><p style="text-align: center;"><span style="font-family: helvetica;"><span style="font-size: x-small;"> Presented by</span> </span></p><p style="text-align: center;"><span style="font-family: helvetica;"> <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate Investing </a><br /></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-17680116316172733282021-01-05T07:40:00.013-08:002022-05-17T17:02:22.940-07:00The BRRRR Method of Real Estate Investing <p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEisnwHtz18VXO067XyJ0P9fGrfT5we1x58eXZy3p6hJ9DtU9ZMT1IzaxC4fyKVach79MN3FxO7J0AMfz1zafRePGd4lBhckLZTqdP8sAN7uuEAd5SVZkiz0QbkCUj3r5O1hLqWQaSSga5g/s1024/BRRRR.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="576" data-original-width="1024" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEisnwHtz18VXO067XyJ0P9fGrfT5we1x58eXZy3p6hJ9DtU9ZMT1IzaxC4fyKVach79MN3FxO7J0AMfz1zafRePGd4lBhckLZTqdP8sAN7uuEAd5SVZkiz0QbkCUj3r5O1hLqWQaSSga5g/s320/BRRRR.jpg" width="320" /></a></div><p></p><div style="text-align: center;"><span style="font-family: cairo; font-size: small;">brought to you by<a href="https://www.intellibiz.com"> IntelliBiz</a></span><br /><br /><b><span style="font-family: cairo; font-size: large;">What is BRRRR</span></b><br /></div><div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;"><b>BRRRR</b> is not a weather forecast - it is an acronym for Buy, Rehab, Rent, Refinance, Repeat. The <b>BRRRR</b> method of real estate investing is a great and powerful way to accelerate the buildup of equity in a rental property portfolio and provide financial independence by way of leveraging one property to obtain the next. By building equity in a property through renovations, investors can leverage the after repair value to improve the property's cash flow and invest in additional real estate by refinancing.</span><br /><br /><span style="font-size: medium;">The success of a BRRRR investing strategy hinges on rehabbing properties to add value, then tap the equity you have gained as capital to acquire additional properties. You parlay one property into another until you build up a portfolio of profitable rental units. This can be accomplished with single family homes, multi-familiy apartment buildings and even commercial properties.<br /><br />There is a degree of risk involved in using the BRRRR strategy, but risk can be minimized by careful research and due diligence. What the investor should look for is a rehab project that is within a solid rental market. The project should be one that can be rehabbed with a minimal amount of cost to bring the property up to the standard of the surrounding neighborhood. No one wants to live in the worst house on the block. A nice property in a good neighborhood will be more likely to attract good tenants who are likely to take good care of the property.</span><br /><br /></span></span><div style="text-align: left;"><b><span style="font-size: large;"><span style="font-family: cairo;">Advantages of the BRRRR Strategy</span></span></b></div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;">There are pros and cons with any real estate investing method, and BRRRR is no different. A primary advantage of the BRRRR method is the potential to build an extensive portfolio of rental units for passive income, while increasing net worth. By owning a number of rental properties, it is possible to reduce the overall costs by "expense sharing". For example, if you act as your own groundskeeper, the cost of a good riding mower can be spread out among all the properties.<br /><br />Another main benefit is the possibility of a high ROI (return on investment). A distressed property can usually be obtained with a relatively small investment. If the fix-up costs are kept to a reasonable amount, the equity can be substantially raised (for refinancing later) and the property can be rented out for a positive cash flow. In short, there are two main objectives: building equity, and positive cash flow.</span><br /><span style="font-size: medium;"><br /></span></span></span><div style="text-align: left;"><b><span style="font-size: large;"><span style="font-family: cairo;">Disadvantages of the BRRRR Method</span></span></b></div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;">As mentioned earlier there is always risk associated with any investing strategy. Pay close attention to the following caveats and you should not have any need to be concerned.<br /><br /><b>Mortgages/Loans: </b>If possible, it is usually best if you can purchase and rehab with cash, as that lowers your overall costs. Other choices can involve banks, other investors or even hard money lenders. Hard money is the most expensive and not recommended if there are other options available. Local banks are often more flexible than the larger banks. Do your due diligence investigating and lining up your financing options - higher costs mean less equity and lower cash flow.<br /><br /><b>Rehabbing: </b>This part of the method, itself, can incur risk. More often than not, the problems visible to the naked eye are not as they seem. Always plan on cost over-runs for issues that crop up during repairs - you never know what you will find until you open a wall. There is also the time that rehab takes - contractors are nortorious for running behind schedule, which costs you rental income while still having to meet mortgage payments. So it is a good idea to have contractors & suppliers in place and the time budgeted before tackling a rehab.<br /><br />Another potential risk lies in the eventual appraisal. If the finished property has a lower than expected appraisal, it can result in having to wait to draw out the equity necessary for the next property, or force you to come up with the extra cash necessary (usually from the positive cash flow). </span></span></span></div><div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;"> </span></span></span></div><div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;">Now let's take a look at how you can use the BRRRR strategy to grow your portfolio - and your wealth.</span><br /><br /></span></span><div style="text-align: left;"><b><span style="font-size: large;"><span style="font-family: cairo;">B -- Buy</span></span></b></div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;">When pursuing the BRRRR strategy, the old adage that "you make money when you buy" is absolutely true. And for the most part, so is the "location, location, location" mantra. Still, location is not always the "be all" in real estate these days as it was decades ago. Advances in transportation and other factors now allow an investor to "scrimp" a bit on location - we have become a very mobile society, and many now work from home. But for multi-family units and commercial properties, location is still important.<br /><br />In the buying stage, the goal is to acquire a property that can benefit a good deal from remodeling (rehab) at a reasonable cost to increase the investor's equity enough to be able to pull out as much of that equity as possible to finance the next property. This may sound like a daunting task for the novice, but it need not be so, as outlined below. Finding a property with the potential to effectively add value is key. There are several good sources for learning how to locate a bargain and determine its potential such as <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a> by investor/author Bill Vaughn, recommended because it offers many strategies to help accomplish the goal. In addition, it is the only resource found that includes free mentoring for those who need to be walked through their first few transactions. For the "newbie", mentoring can be critical.<br /><br />When implementing a BRRRR investing strategy many investors use a 70% rule as a guide, meaning that the cost to acquire the property plus rehab costs represent 70% or less of the after-rehab value (ARV) of the property. That is the simple formula. Reality, however, can throw a wrench into it if the investor is not prepared for the additional costs that often come into play. For example, if the property is vacant during the rehab, there are costs of service debt - the mortgage, property taxes and insurance. For that reason it is imperative that the investor be able to effect all remodeling in as short a time span as possible. Know in advance who the contractors and suppliers will be, and what their availability is. The investor might work out an agreement with them that his projects will receive high priority in exchange for all the work that future projects will provide to those contractors and suppliers. Loyalty begets loyalty.<br /><br />Most rehab projects go over budget, so a conservative number like 70% is wise. That way, if you end up in a situation where acquisition and rehab costs represent 75-80% of ARV, you have still created a reasonable amount of equity to allow you to invest in your next BRRRR property.<br /><br />The BRRRR strategy works best if you can purchase a property and pay for rehab costs using all cash, to maximize profitability, but that is not necessary. It's also possible to joint venture with other investors or use hard money loans, but those options will increase the cost and complexity.<br /><br /><b>NOTE:</b> self-employed individuals and couples can take advantage of a relatively new type of 401K called a <a href="https://www.mysolo401k.net/" rel="nofollow" target="_blank">Self-Directed Solo 401(k)</a>. This type of 401(k) is special - it allows the individual to contribute a huge amount of self-employment income (for 2021, the contribution limit increased to $58,000 or $64,500 if age 50 or over) and allows you total "checkbook" control to make investments. When you find a property, simply write out a check. It's that simple, and all profits are tax deferred. This adds a lot of power to your portfolio.</span><br /><br /></span></span><div style="text-align: left;"><b><span style="font-size: large;"><span style="font-family: cairo;">R -- Rehab</span></span></b></div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;">The focus of the rehab stage of the BRRRR method is to add value, cost effectively. Avoid high end finishes and expensive upgrades like you see in those TV shows like "Flip This House" - such rehabs often cost more than the value they add to the property and almost always result in a net loss to the investor. Those shows go high-end for television ratings value. You, on the other hand, need to make the greatest profit possible while providing yourself with a rental property that is clean, functional, safe, and reasonably appealing. Focus on the repairs and updates that achieve that goal. A good rule of thumb: judge the neighborhood, and do only enough rehab to be able to compete favorably with other properties on the block. A mansion among a trove of blue collar homes will never sell for its appraised value, nor will it be rentable at a profit.<br /><br />It is strongly advised that the investor avoid rehabbing properties in need of major structural repairs such as a cracked foundation or sagging roof. They are seldom worth the time and money it takes to rehab them. For more on what to look for in an older home, see the FREE ebook <a href="https://www.intellibiz.com/oldhouse.pdf">"The Simple Man's Guide to Buying an Older Home"</a> by IntelliBiz . Be sure to put a little curb appeal on the front of the house to make a great first impression for a loan appraisal. A clean front, clean yard, a few flowers and shrubs and fresh paint. Maybe a new door, if necessary. Remember - appraisers are people, too. If the first impression of your property is appealing to the eye, it could well increase the appraisal, allowing the maximum equity ceiling the lender will use in determining how much they will loan on that equity.<br /><br />If you have the know-how and the inclination, you can increase profits by doing some or all of the work yourself UNLESS your 401(k) owns the property. The IRS does not permit the owner of a 401(k) to provide much more than a minor amount of the work on the property - your participation must be passive.<br /><br />For intensive rehab projects, you might consider hiring a project manager or at least a lead contractor to manage the many day-to-day variables and decisions.<br /></span><br /></span></span><div style="text-align: left;"><b><span style="font-size: large;"><span style="font-family: cairo;">R -- Rent</span></span></b></div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;">Once the property has been rehabbed and is ready for tenants, place your ads, or have a local Realtor advertise it for you. The sooner you can get the property producing positive cash flow, the better. As with any rental property, there are some tricks to marketing and screening that will help you find the best possible tenants. There are a number of businesses online that provide screening services. You positively MUST screen potential tenants. You want tenants who will take good care of the property and pay the rent regularly and on-time. Realize it may be some time before you can refinance, and you still want the property looking sharp when the bank sends an appraiser.<br /></span><br /></span></span><div style="text-align: left;"><b><span style="font-size: large;"><span style="font-family: cairo;">R - Refinance</span></span></b></div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;">The goal at this stage of the process is to pull as much cash out of the property as possible to provide the necessary funds to acquire additional properties. The objective is two-fold: you want yo draw out enough for your next property without creating an "alligator" that will eat you out of house and home. At this point you do not need much positive cash flow because you are building a portfolio, but you do not want to lose money, either. Even after drawing on your equity, the rents should still cover mortgage, taxes, insurance, maintenance and any other costs involved in the ownership.<br /><br />You can obtain relatively high loan-to-value financing in a reasonably short period of time after putting the property in service provided the rents still cover everything. As an individual investor, it's possible with the right properties and good financing to pull 100% of your initially invested capital out of a property and move onto the next deal, perhaps within 3-6 months. If not, before refinancing simply collect rents for the period necessary to provide the additional funds required. If you use your IRA or 401k to purchase, expect to leave some capital tied up in the initial property and a longer period between refinance transactions.<br /><br />If you purchase through your IRA, once a property has mortgage financing in place it will be generating UDFI - Unrelated Debt-Financed Income, which is subject to taxation. The tax impact is generally nominal, but you will want to work with your CPA to understand the process and prepare the necessary tax return for your IRA. However, investors with a Solo 401(k) plan mentioned earlier will benefit at this stage, as a Solo 401(k) is exempted from taxation on UDFI generated via real estate debt.</span><br /><br /></span></span><div style="text-align: left;"><b><span style="font-size: large;"><span style="font-family: cairo;">R -- Repeat</span></span></b></div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;">If you've purchased and re-financed effectively, you (or your IRA) should now own a performing property with only a small amount of capital locked up into the deal. The IRA can then move that capital forward and repeat the process with additional properties over time.<br /></span><b><span style="font-size: large;"><br /></span></b></span></span><div style="text-align: left;"><b><span style="font-size: large;"><span style="font-family: cairo;">Example of a typical BRRRR Method</span></span></b></div><div style="text-align: left;"><b><span style="font-size: large;"><span style="font-family: cairo;"> </span></span></b></div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;">Bear in mind, these figures are for example only - they will vary considerably from one area to another. In this example the investor has located an out-dated home in a nice neighborhood, and the price is $150,000. A $30,000 down payment (20%) would be required by most lenders, leaving $120,000 to be financed. Assuming $10,000 will cover rehab costs, the investor must invest a total of $40,000 plus service debt (mortgage, tax/insurance costs during the rehab period).<br /><br />You have already determined the the ARV (after repair value) should be around $190,000 with rental income of $2,000 per month. When feasible, usually about a year later the investor would refinance at 75% of value - $142,500. If financed for 15 years, in one year you would refinance, pay off the loan balance of about $113,000 leaving you $29,500. Your mortgage had been roughly 1200/month including taxes & insurance, leaving you $800/month positive cash flow for those 12 months, or $9,600. Adding that to the amount from the refi, you have roughly $39-40,000 with which to repeat. the process. If you need more, hold for an extra couple of months for an extra $2,000.<br /><br />You now own a $190,000 property with (after your new mortgage) roughly $700/month positive cash flow, and you have all your money back, ready to buy another. (cash flow will be higher if you refi for 30 years). Imagine doing one a year for just 10 years - your positive cash flow (allowing for raising rents periodically) would be close to $8-10,000/month ($100,000-120,000/year) and you would own 10 homes with a total equity of over a half million dollars. Considering you always get your original investment back, none of that profit cost you a dime.<br /><br /><b>NOTE: </b>It gets better - and faster - if you use the BRRRR Method in conjunction with other strategies in "The Simple Man's Guide to Real Estate". For example, if you purchase a foreclosure from a bank, or at auction, at a discount. Or if you use discounted notes for part of the purchase price. There are several strategies that can be incorporated to reduce your cost and boost the profit margin.<br /></span><br /></span></span><div style="text-align: left;"><b><span style="font-size: large;"><span style="font-family: cairo;">Is The BRRRR Method right For You?</span></span></b></div><span style="font-size: small;"><span style="font-family: cairo;"><span style="font-size: medium;">If you have access to the necessary funds, you are not intimidated by the rehab portion of the BRRRR Strategy and you have the time to invest in building a portfolio, you would do well to consider this strategy. If you are touch and go on financing or credit, or easily discouraged, it would be a better recommendation to follow any one of the remaining 24 methods in "The Simple Man's Guide to Real Estate".<br /><br />Bear in mind that, while this method may seem daunting at first, <a href="https://www.intellibiz.com" target="_blank">"The Simple Man's Guide to Real Estate"</a> fills in a lot of the details that helps make it all come together. And free, unlimited access to one of their mentors practically insures success in any of their methods.<br />Good luck, fellow investors!</span><br /><br /></span></span><div style="text-align: center;"><span style="font-size: small;"><span style="font-family: cairo;">© IntelliBiz</span></span><br /></div></div><div><p></p></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-39755291120888939192020-12-22T18:24:00.001-08:002020-12-22T18:27:05.806-08:00Real Estate 2021 - The "Crisis Effect" Means Quick Profits<p> </p><p> <br /></p><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhUdH341Ig2zJSCgT7nxqXqjcU_k7YYoHSRuz24Hk1OqGwB9VvqwgY8m2N-FqC4sTwDrIQZPUOG4Ais99UAV2KuU8yH7a0uLt0aCkGgFJt-392RlXGDLdGVM7svxbnw1Fm__0BqaJ3s7JDh/s375/investinrealestate-56c337ac5f9b5829f86b24ce.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="250" data-original-width="375" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhUdH341Ig2zJSCgT7nxqXqjcU_k7YYoHSRuz24Hk1OqGwB9VvqwgY8m2N-FqC4sTwDrIQZPUOG4Ais99UAV2KuU8yH7a0uLt0aCkGgFJt-392RlXGDLdGVM7svxbnw1Fm__0BqaJ3s7JDh/s320/investinrealestate-56c337ac5f9b5829f86b24ce.jpg" width="320" /></a></div><p>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 <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a>).
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. <br /><br />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):<br /><br />MASS MIGRATION:<br /><br />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.</p><p>OFFICE SPACE:<br /><br />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.<br /><br />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.<br /><br />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.<br /><br />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.<br /><br />THE BEST STRATEGY IN THESE CASES:<br /><br />Whereas these circumstances will cause rapid changes and may not last long, you want to choose a strategy that:<br /></p><ul style="text-align: left;"><li>can be executed quickly </li><li>can be executed with little or no cash or credit, so you can pursue several, simultaneously</li><li>is so simple a child could do it (with the right know-how)</li></ul><p><br />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.</p><p>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 <i><b>option</b></i>. 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.<br /><br />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 "<a href="https://www.intellibiz.com">The Simple Man's Guide to Real Estate</a>",
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.</p><p>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, "<a href="https://www.intellibiz.com">The Simple Man's Guide to Real Estate</a>" covers, in detail, all <a href="https://www.intellibiz.com/methods.html">22 methods</a> of real estate investing.<br /><br />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.<br /><br /><a href="https://www.intellibiz.com">Check it out</a> - you have nothing to lose, and everything to gain.</p><p><br /></p>/Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-74382450576091003202020-12-22T08:00:00.006-08:002020-12-22T10:26:22.741-08:00Increase Real Estate Profits - Getting Free Stuff<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXG9lrPx4FIoCOKOdUvD3gs3AVRpcC30uvK5snSyZB1W10mWeKOIcBOaMW0msKl-cPfjarohqxr2pvZWlxss_6u_FxJMpQLXuDKRqcImwImTgN1gAF0O-7Nl01679m44KrVJV89403KMw/s275/profits.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="245" data-original-width="275" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXG9lrPx4FIoCOKOdUvD3gs3AVRpcC30uvK5snSyZB1W10mWeKOIcBOaMW0msKl-cPfjarohqxr2pvZWlxss_6u_FxJMpQLXuDKRqcImwImTgN1gAF0O-7Nl01679m44KrVJV89403KMw/s0/profits.jpg" /></a></div><br /><p style="text-align: center;">Brought to you by <a href="https://www.intellibiz.com" target="_blank">"The Simple Man's Guide to Real Estate"</a><br /></p><p>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".<br /><br />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 <a href="https://intellibiz.com/porsche.jpg" target="_blank">this 1980 Porsche</a> 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.<br /><br />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.<br /><br />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.<br /><br />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.</p><p>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.<br /><br />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!)</p><p></p><p><br /><br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-9672298022855132682020-10-28T18:43:00.006-07:002022-01-09T13:04:37.356-08:00Risk-Free Profits Wholesaling OPTIONS<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgw7VJmK4NocwrthxXWt93E21X_cWro1BNoJ5SEGEHwsC2P9drK5SU3IA-9L1yy9j3oX54iuGVdmiuV3W0AwqKhloYIapqmZvKZZ3XH533Ai404WoaLu2Mfst0onjBDjJbVFtXKURSk6PE/s550/header3.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="270" data-original-width="550" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgw7VJmK4NocwrthxXWt93E21X_cWro1BNoJ5SEGEHwsC2P9drK5SU3IA-9L1yy9j3oX54iuGVdmiuV3W0AwqKhloYIapqmZvKZZ3XH533Ai404WoaLu2Mfst0onjBDjJbVFtXKURSk6PE/s320/header3.jpg" width="320" /></a></div><br /><p></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">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.<br /></span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">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.</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">That said, a good "contingency clause" can overcome that, but even that may not completely eliminate all risk.</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">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 <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a>. 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, <i><u>risk-free</u></i> method taught by <a href="https://www.scamsgalore.com/than-merrill.html">Than Merrill (FortuneBuilders)</a>, <a href="https://www.scamsgalore.com/armando-montelongo.html">Armando Montelongo</a> or even <a href="https://www.scamsgalore.com/ron-legrand.html">Ron Legrand</a><br /></span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"> Simply put, everything is the same as wholesaling a purchase contract <i><b>except</b></i> that the investor would be wholesaling an <i><b>option agreement</b></i> 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.</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">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.<br /></span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">Using the option method simplifies wholesaling and eliminates all risk. An investor could not ask for more.</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">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 <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a> becomes your most valuable resource, not only because it provides all that, but because it also comes with free mentoring if you need help.</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">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.</span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;"> </span></span></p><p><span style="font-size: medium;"><span style="font-family: helvetica;">/ <br /></span></span></p><p><br /></p><p>/<br /></p><p> </p><p><br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-65399702839155185192020-09-25T12:07:00.002-07:002020-09-26T09:43:34.656-07:00Affordable Mentors for Real Estate Investing<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgl_y3Md6C7tjaPKvFgTcOSoIzpIdGxfxaPKfRPvHf8nx18BUROYvsucqtaM9qzOIMFZK8uON9vYulZ8O2UIDmgqppunnQgXRCPwe0W8r8ym-5sIe51vlX61UljwVCGwcCOlOgGya6wIzE/s487/90%2525.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="444" data-original-width="487" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgl_y3Md6C7tjaPKvFgTcOSoIzpIdGxfxaPKfRPvHf8nx18BUROYvsucqtaM9qzOIMFZK8uON9vYulZ8O2UIDmgqppunnQgXRCPwe0W8r8ym-5sIe51vlX61UljwVCGwcCOlOgGya6wIzE/s320/90%2525.jpg" width="320" /></a></div><br /><p></p><p>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%.</p><p><br /></p><p>The problem, however, lies in two simple facts:</p><ul style="text-align: left;"><li>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</li><li>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.</li></ul><p><br /></p><p>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.</p><p> </p><p>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.<br /></p><p><br /></p><p>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.</p><p><br /></p><p>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. </p><p> </p><p>To see examples of the successes of our students, and to learn more about the program,<a href="https://www.intellibiz.com/"> check it out here</a> - you have nothing to lose by looking and everything to gain.</p><p><br /></p><p>/<br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-30883113734502772912020-09-24T20:00:00.005-07:002021-05-01T05:22:56.484-07:00Wholesaling Real Estate - Huge Profits In The Age of COVID-19<p> </p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhyR_IOZRCQjj3K-8JCFux1iM7AUdHTgGTfRQScwv4VeaFIOBsn2PUhG5MmuWicONQz0iOYSnzddasNjcr0QdnNEmhU4d7s2x4DGKVKRFfVHsbJeankLCWYU2Ywv4JOVGXLB_N9fEQTwVw/s600/header3a.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="294" data-original-width="600" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhyR_IOZRCQjj3K-8JCFux1iM7AUdHTgGTfRQScwv4VeaFIOBsn2PUhG5MmuWicONQz0iOYSnzddasNjcr0QdnNEmhU4d7s2x4DGKVKRFfVHsbJeankLCWYU2Ywv4JOVGXLB_N9fEQTwVw/s320/header3a.jpg" width="320" /></a></div><br /><p></p><p><span style="font-family: arial; font-size: small;">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
"<b>wholesaling</b>" (actually, it is called "<b>assigning</b>" and is a
fast and easy method of flipping houses). </span><span style="font-family: arial; font-size: small;"><span style="font-family: arial; font-size: small;">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. </span>Assigning is just one of the 22
methods of real estate investing that you can quickly learn from <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a> program.
</span></p><p><span style="font-family: arial; font-size: small;"><span style="font-family: arial; font-size: small;">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.
</span></span></p><span style="font-family: arial; font-size: small;">
<p><span style="font-family: arial; font-size: small;">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.</span></p>
<p><span style="font-family: arial; font-size: small;">Homero Guerrero received <a href="https://www.intellibiz.com/homero.html">this certified bank check</a> 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.</span></p><p><span style="font-family: arial; font-size: small;">Here are the basics"</span></p><p><span style="font-family: arial; font-size: small;">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.</span></p><p><span style="font-family: arial; font-size: small;">"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.</span></p><p><span style="font-family: arial; font-size: small;">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.</span></p><p><br /><span style="font-family: arial; font-size: small;"><span style="font-family: arial; font-size: small;"><span style="font-family: arial; font-size: small;">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. </span></span></span></p>
<p><span style="font-family: arial; font-size: small;">Of course, you can choose not to <a href="https://www.intellibiz.com">order the program</a>, in which case someone else
will make that money. Until you decide to <b><i>just do it</i></b>, it will always be "someone else"
making the money.</span></p><p><span style="font-family: arial; font-size: small;"><br /></span></p></span><p> </p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5311134144392619137.post-50273971363357976072020-09-01T11:24:00.004-07:002020-10-03T13:41:04.599-07:00Now Is the Time to Reap Quick Real Estate Profits - Here's how<p></p><p></p><p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhNuz69o5Iz1TzQzHlmFTSFucXNgAtkzFstno1RTVsZ6yBb1dyzRTnfn_nPQa075ro7Irqe4CDCAa3INRk9lkWI1LTSTEWld4CenJdDF-3XWhCJEUx3bOSVcEO-4ZBKygcL_KsV4mVaInY/s375/investinrealestate-56c337ac5f9b5829f86b24ce.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="250" data-original-width="375" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhNuz69o5Iz1TzQzHlmFTSFucXNgAtkzFstno1RTVsZ6yBb1dyzRTnfn_nPQa075ro7Irqe4CDCAa3INRk9lkWI1LTSTEWld4CenJdDF-3XWhCJEUx3bOSVcEO-4ZBKygcL_KsV4mVaInY/s0/investinrealestate-56c337ac5f9b5829f86b24ce.jpg" /></a></div><br /><p><br /><br />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.<br /><br />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.<a href="htps://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a> 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.<br /></p><p>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.<br /><br />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.<br /><br />If you think you need deep pockets and great credit, think again. Neither is necessary. Of the 22 different, legitimate methods taught in <a href="https://www.intellibiz.com">"The Simple Man's Guide to Real Estate"</a>, 8 of those methods do not require you to put up cash or credit.<br /><br />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.<br /><br />Do yourself and your loved ones a favor and at least <a href="https://www.intellibiz.com">check it out</a>. It costs nothing to look!<br /><br />/</p>Unknownnoreply@blogger.com0