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Category: Main/Courses / Wholesaling

Learn how you can purchase houses only to fix 'em up and sell them for a quick profit.


Joe Kamenar - Find and Assign

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Learn how to profit in real estate without owning property. This is a 135 page course in PDF format that teaches new investors how to get started in wholesaling properties by finding ugly properties and assigning the contracts to other investors. It also contains a zip file containing every form, letter, and agreement discussed in the course. It also contains a Microsoft Excel-based spreadsheet called the Property Analyzer, which makes it easy to evaluate both the cash flow, equity build up and net profits from a rental property, plus the profit potential of a rehab.

Profit in Real Estate Without Cash, Credit or Risk!

Looking to get started in real estate investing but don't know where to start? Don't have enough cash or credit to purchase an investment property? Afraid to take on payment risk? Too confused on lease options, pre-foreclosures, buying "subject to" or short sales? Yeah, so was I. But then I discovered a way to make money in real estate in a SAFE way, and now I can share this information with you. For less that the cost to fill up an SUV with a tank of gas, I am going to teach you

HOW TO MAKE $5000 OR MORE PER DEAL
FINDING AND ASSIGNING
UGLY PROPERTIES
WITHOUT CASH, CREDIT OR RISK

Face it, you would not be reading this information on wholesaling real estate or flipping properties if you were not interested in making money in Real Estate. You may have heard all about buying properties, fixing them up (rehabbing) and reselling them. While that is a great way to make money, it does take a combination of cash, credit and risk. I am going to show you how to make realistic profits without any of the risks.

WHAT DO YOU MEAN BY "FIND AND ASSIGN"?

Using our program, you will learn how to find properties that are in need of rehab work, then make an offer on the property that guarantees another investor the profits that he can make after he rehabs the house and resells it. You will then learn how to find these investors and assign them the contract you negotiated with the homeowner. You get your assignment fee of around $3000 to $6000, guaranteed at settlement. You will also learn how to use an option to purchase the property and assign the option to an investor for an assignment fee, which you get right away, whether or not the investor buys the property!


WHY IS THIS A BETTER WAY TO MAKE MONEY THAN ANY OTHER REAL ESTATE METHOD?

There are several ways to make money in real estate investing, from buying and holding rental properties, to buying and renting properties on a short-term lease-option, to buying deals subject to an existing mortgage, to doing a short-sell on a non-performing mortgage, to buying and rehabbing properties. While these are all great ways to generate cash flow or build wealth, they all take some degree of risk, plus cash or credit and a lot of time. I share with you in my book some of my horror stories as a landlord and explain to you what can go wrong if you follow the typical real estate "guru" programs. Using the "Find and Assign" approach, you have the following benefits:

l No Need for Excessive Cash or Credit: You are not taking title to a house and thus have no need for cash or credit. All you need is $10 for an Earnest Money Deposit, or perhaps $100 for a purchase option, and some nominal amounts for business cards, classified ads and mailings.

l No Repair Headaches: You will not be involved in the rehab of the home, thus you do not have to worry about monitoring your contractor, dealing with cost overruns or getting permits and inspections done.

l No Holding Costs: You will have no payments to make, no property taxes to pay and no insurance to obtain.

l Ready Market of Sellers and Buyers: Using the techniques in this package, you will learn about 16 ways to find motivated sellers, and 7 ways to find eager buyers who will purchase your contract or option from you. Plus, I tell you why these buyers will pay you to find a property for them!
l Fast Profits: You can make your first $5000 in less than 30 days.


YOU WILL LEARN EVERYTHING YOU NEED TO GET STARTED NOW! NO EXPENSIVE ADD-ONS LATER.

I want you to get started making offers on properties by next week. In my book, you will learn everything you need to do just that. Here is a chapter summary:
Chapter 1. Ways to Make Money in Real Estate
I will tell you about the traditional ways of making money in real estate, plus give you some of the things that can go wrong in the process. I will teach you how a $30 investment can keep you from hundreds of dollars in monthly negative cash flow. You will learn about buying homes subject to an existing mortgage, using a lease-option for better cash flow, and how investors buy foreclosure properties. You will also learn the benefits and pitfalls of rehabbing properties.
Chapter 2. Getting Your Ducks in Order
You will learn how to choose your business entity, and how to avoid paying the self-employment tax on most of your profits through the use of a Limited Partnership. You will also get a list of the tax deductions you may take and how to file your return. You will also find out what to look for in an attorney, an accountant and a title company. I also give you an overview of what a hard money lender is and why they are important in this business.
Chapter 3. Finding Motivated Sellers
You will learn 17 ways to find motivated sellers, with specific examples of ads, business cards, fliers and letters to mail. You will learn how to determine if a seller is motivated, plus you will learn how a simple 20 cent item will keep your name in front of prospects for months and months. I will also teach you how to use the Internet as a powerful marketing tool! Once people start calling you, You will know exactly what to ask them to see if you can do business!
Chapter 4. Analyzing a Deal and Making an Offer
You will learn how to get the lowest price possible for the house by asking two simple questions. I will show you exactly what to do in order to take a deal subject to an existing mortgage. I give you a detailed checklist of what to look for when inspecting a property, covering the structure, the fixtures and the landscaping. Then, you will learn how to use the Maximum Allowable Offer formula to determine the max you should offer for the property, after taking into account the holding costs of your buyer plus your assignment fee. To get you out of a bad deal, I have included 6 powerful escape clauses. You will also learn when to use a purchase option instead of an agreement of sale, eliminating any risk.
Chapter 5. Preparing a Property Overview Package
The key to getting top dollar for your assignment is to put together a complete property overview package to show to potential buyers. You will learn how to obtain the history of the property, including any deed problems, get the exact structural record, obtain comps, get zoning status, obtaining an insurability report, and other key ingredients of the overview package. You will also learn the 7 important questions to ask of contractors who are giving you estimates. Did you know that by spending $9 you can determine whether or not a potential property can be denied hazard insurance? Try getting a mortgage on that property!
Chapter 6. Finding Buyers for Your Contracts
I will show you 7 proven methods to find buyers for your purchase agreements or option agreements. You will get sample ads and cards to use. I have included two amazing ways to find dozens of qualified buyers in one spot who would be happy to pay you your fee if you present a properly structured deal. You will also learn how to use the Internet to find eager buyers and how to post your Property Overview Packages online to automate your selling process. Finally, you will learn how to close the assignment deal and guarantee that you will get your assignment fee! I also can help you put together a local joint venture program to fund a rehab project, complete with project management from myself. You will also learn how to do a joint venture with a seller for a rehab project, whereby you do not take title to the property, but instead agree to a split of the net profits after the resale of the property, with your interest secured by a mortgage.
Chapter 7. Investing in HUD Homes
Here is a good overview of what HUD homes are, how to find them and how to bid on them. You will learn about the terms and conditions of purchase, why you should work with a good real estate agent, and where you can find all you need online.
Chapter 8. Cash Flow and ROI Analysis
In this chapter you will learn all you need to in order to understand cash flow analysis on a rental property, using the included Property Analyzer for Excel. Topics covered include closing costs, down payment, amount financed, private mortgage insurance, rental income, pre-tax and after-tax cash flow, taxable rental income, mortgage reduction, equity growth, depreciation, depreciation recapture, capital gains taxation, net settlement proceeds and compound return on investment (ROI). This section will benefit you if you are thinking about holding properties for rental.
Chapter 9. Basic Principle of Real Estate
Learn all the fundamentals of purchasing and owning real estate. This chapter covers such topics as bundle of rights, property limitations, eminent domain, deed restrictions, environmental issues, encumbrances, liens, freehold and leasehold estates, types of ownership, kinds of title, title insurance, types of deeds, and why you should use a buyer's agent when investing in real estate.
Chapter 10. Creating Cash with Discounted Notes
This chapter teaches you the basics of the note brokering business. You will learn how and why seller-financed notes are created and why there is a market for converting a payment stream into a lump-sum amount of cash. Once you know how to find holders of notes and buyers of notes, you will be able to bring the parties together and collect a fee of as much as 10% of the note amount! I will give you sample ads to run, plus letters you can send to note holders (and how to find them). I will also give you a script to use when prospects call you, plus a follow-up letter, and several sources of note buyers.

Appendix A - R. Forms, Letters and Ads
All of the forms, letters and ads are included. You can copy them or make modified versions of your own. They are the same as what you get in Bonus# 1 and Bonus# 2, except that these are the printed versions. Your bonuses are sent in as clickable HTML links or "Word" documents. The Purchase Option Package is three forms that let you use an option to purchase the property, exercise the option, and assign the option.

BONUS #1 : 90 REAL ESTATE RELATED WEB PAGES!

As an added bonus, I am going to share with you over 90 different Internet links to valuable websites where you will find the following:
  • How to buy foreclosure and pre-foreclosure properties
  • Real estate law and tax law articles
  • Sources of pre-foreclosure leads
  • How to purchase property subject to an existing mortgage
  • General and specific real estate investing articles
  • 100 Pages of FREE real estate investing secrets
  • How to find owners of vacant homes
  • FREE real estate and other legal forms and documents
  • Real estate forums and discussion groups
  • 11 Hard-money lenders
  • 24 Sources for online comps
  • Avoiding the "due-on-sale" clause on "Sub2" deals
  • 50 More real estate investing articles
  • FREE Property analyzer software
  • Real estate success stories
  • 15 FREE real estate investing lessons
You will learn more on these sites than you will in almost any $1000 course out there. I spent months finding and researching these sites, and I guarantee that you will find them to be extremely valuable in increasing your real estate investing knowledge. And remember, if used properly, Knowledge is Power!

BONUS #2 : ALL THE FORMS AND LETTERS YOU WILL NEED!

For a second bonus, you will get all the forms and letters in electronic format you will need to find and assign properties. There is nothing else to purchase. Here is what is in your book and in your zip file as "Word" documents:
  • Real Estate Purchase Agreement
  • Assignment Agreement
  • Bird Dog Agreement
  • Limited Liability Company Agreement
  • Joint Venture Agreement
  • Limited Partnership Agreement
  • Letter to Vacant Property Owners
  • Letter to Real Estate Agents
  • Letter to Contractors
  • Letter to Out of State Homeowners
  • Letter to Homeowners Facing Foreclosure
  • Letter to Townships
  • Mileage and Expense Reporting Form (for income tax preparation)
  • Rehab Repair Estimate Form (same as used by hard money lenders)
  • Contractor's Agreement (to use if you choose to rehab the property)
  • Purchase Option Package (Option to Purchase, Exercise of Option, and Assignment of Option)
Plus, you get sample ads, card and flyers that are all proven to work!
BONUS #3 : FREE BOOK - "How To Create Multiple Streams of Income Buying Homes in Nice Areas With Nothing Down!"

FREE E-book. Learn directly from the two men responsible for re-writing the rules of real estate investing exactly how you can buy homes in nice areas with nothing down in this best selling 288 page book!

You'll Learn:
  • Five, Fun Easy Ways to Earn Up to an Extra $100,000 This Year Investing in Real Estate!
  • Wealth Without Risk: How to Build a Million Dollar Net Worth in Five Years or Less - Working From Your Home!
  • How a retired minister made $28,000 on his very first deal - and how you can too!
    How a commercial airline pilot made over $75,000 from his first four deals - and how you can too!
  • How a mother of three made $30,000 on her first deal - and how you can too!
The download link to this e-book is included with your purchase.
BONUS #4 : FREE Property Analyzer for Microsoft Excel
Quickly evaluate any prospective rental property for pre and after tax cash flow, monthly net income, annual mortgage reduction, annual equity build-up, accumulated depreciation, settlement proceeds, depreciation recapture tax, long-term capital gains tax, net profits, and compound return on investment over a 15 year period. It also lets you compute estimated closing costs covering 12 major settlement categories. A second feature is that you can calculate your estimated acquisition, financing and repair costs on a property you may want to rehab or assign to another investor. It uses all the categories in the Rehab Estimate Form, plus the points, fees and interest charges made by hard money lenders. Just enter estimated material and labor costs and you will have an immediate answer.
For a rental property, simply enter the purchase price, down payment, interest rate, term of the mortgage, monthly rent, property tax, insurance, condo/association fees, other expenses, tax bracket, and assumed rates of inflation and property appreciation, and you will get all of the following data for 15 years:
  • Monthly mortgage payment, including when private mortgage insurance applies.
  • Monthly net rent, interest, depreciation, pre-tax income, pre-tax cash flow, after-tax cash flow.
  • Annual mortgage reduction, annual equity build-up, annual property value, annual cash flow yield and annual equity yield.
  • Sale price, mortgage balance, settlement proceeds, gross profit, depreciation recapture, capital gains tax, net after-tax profits, and compound return on investment.
  • Closing costs include title insurance, state and local transfer taxes, mortgage application fees, mortgage points, recording fees, attorney fees, pro-rated taxes, insurance and water & sewer, tax escrow, miscellaneous fees and optional repair costs.
For a rehab or assignment property, just enter the purchase price, closing costs, assignment fee (if assigning), hard money lender fees, estimated after-repair value, and repair estimates, and you will see how much net equity is left for you or another investor, plus how much you would net if you sold the property. There is nothing else out there like this at this price!
Complete instructions and explanations are provided. Microsoft Excel is required to use this analyzer.

BONUS #5 : Help a FSBO sell a home and make up to $2800!
In your forms package you will find a 10 page PDF file that you can send or e-mail to anyone selling his or her own home on their own. These individuals are called "FSBOs", which means, "For Sale By Owner". I have a powerful tool that will help them sell their home FAST, to credit-challenged buyers by being able to offer them seller-financing using a national funding program. What this means is that using our ads and methods, a FSBO can sell his home to someone who may not qualify for traditional financing, and still get their cash at settlement. You get a commission on all deals you assist on, ranging from $1000 to $2800! A summary of this program is mentioned in Chapter 10 of the book. Marketing this service is fairly simple, especially if you use the Internet and your local market for leads. One place where I have generated leads is http://fsbo.com.

WHAT WOULD YOU PAY FOR ALL THIS INFORMATION?

Go ahead and look around at what others are charging for a package like this. You could pay $395 or more. But not here. All you are going to pay is $39. And there is no shipping and handling. I will send you the 135 page book in PDF format for you to view on your computer, complete with over 100 hyperlinks, or print it out on your printer. You also get all the forms, letters, contracts and agreements in separate "Word" documents, sent in a "zip" format. Just open each document in your word processor, edit the blanks and print it out. To use the repair estimate form, just print it out and take it with you when you go look at a house. You will also get ALL 5 Bonus packages listed above!

$39.00 USD
+ $0.00 USD Setup/S&H

Added: 06-Jan-2005, Views:
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