By Tony Alvarez Copyright Tony Alvarez. 1. Performance – Left Brain 2. Relationship Building –...

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Transcript of By Tony Alvarez Copyright Tony Alvarez. 1. Performance – Left Brain 2. Relationship Building –...

Copyright Tony Alvarez

By Tony Alvarez

Secrets Of A Multi-Millionaire

Real Estate Investor

2 Main Elements for Financial Success

1. Performance – Left Brain2. Relationship Building – Right Brain

Copyright Tony Alvarez

How I got started

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Let’s talk…1. Why we continue to consistently make money in an ever

changing real estate world

2. A few interesting DEALS we've done this year

3. Where and why we are still BUYING

4. Who is still loaning us low interest investment capital

5. Tony's view of the future of real estate...Where do I think we are headed in the real estate market

6. What's my personal "GPS" for the next 5 years in real estate

7. AND...For the curious and new to real estate - What steps do I suggest you take TODAY, to quickly get started making money in the real estate GAME

Copyright Tony Alvarez

The BASICS Self Evaluation

• Who are you?

• What do you NEED?

• How URGENT is your situation?

• What are your SKILLS?

• What are you willing to PAY/DO?

Copyright Tony Alvarez

CHEAPO DEPOT Real Estate

Training Program1. Get MLS access – To Your Market2. Track activity - Active, Pending, Sold3. Talk to EVERYONE… Sellers, Agents,

Individuals, Investors, Lenders, Wholesalers, Property Managers

4. Identify the Players: Investors DOING DEALS!5. Drive By ACTIVE, PENDING & SOLD Properties 6. Inspect 10-20-50-100 properties…Inspect - Before, During & After RehabDocument EVERYTHING!!!

Copyright Tony Alvarez

What Could You Learn?What works & doesn’t work in your marketWho’s lending in your areaWhat types of loans Identify required repairs Estimate costs accuratelyTypes of materials to useWhat quality rehab works bestHow to avoid MOST costly errorsIdentify realistic holding periodsLearn their marketing strategiesProven pricing strategies for fast saleList Price to Sold Price ratios

& MUCHMUCH More!

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Other Reality TV Shows RecommendedShark TankAmerican GreedALL FIXER FLIPPER SHOWS… (Flip this House, Flip Men, etc.)ALL “BARGAIN HUNTERS” Type ShowsALL NEGOTIATION SHOWS – (Pawn Stars, Pawn Wars, etc.)

Copyright Tony Alvarez

3 Bedrooms 2 Bathrooms Sq Ft: 1650 Yr. Blt.:1987

Purchase Price: $117,000 ARV & Sale Price: $162,500

Repair Cost: $25,000 Listing Type: LetterNotes: Wholesaler

Net Profit: $35,000

Example: Flip – No Repairs

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4 Bedrooms 2 Bathrooms Sq Ft: 1154 Yr. Blt.:1957

Purchase Price: $90,000 ARV & Sale Price: $155,000

Repair Cost: $25,000 Listing Type: MLSNotes: Wholesaler- Filed DRE complaint…

Net Profit: $24,000

Example: Retail – Flip

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2 Bedrooms 1 Bathrooms Sq Ft: 1344 Yr. Blt.:1958

Lot Size 2.25 Acres

Purchase Price: $74,000 ARV & Sale Price: $128,000

Repair Cost: $15,000 Listing Type: Standard MLSNotes: Agent relationship – REO

Net Profit: $26,000

Example: Retail – Flip

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4 Bedrooms 2 Bathrooms Sq Ft: 1206 Yr. Blt.:1955

Purchase Price: $76,500 ARV & Sale Price: $139,900

Repair Cost: $15,000 Listing Type: Standard MLSNotes: Agent relationship, Distressed Seller – husband

passed had to evict problematic tenants

Profit: $35,000

Example: Retail – Flip

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2 Bedrooms 1 Bathroom Sq Ft: 1190 Yr. Blt.:1946

Purchase Price: $68,000 ARV: $100,000

Repair Cost: $2,000 Listing Type: MailerNotes: Seller wanted to start a new business needed funds ASAP

Example: Cash Flow – Rental

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Casa Pinata

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Bedroom, 1 Bathroom Sq Ft: 1020 Yr. Built: 1926

Listing Price: $99,400 Purchase Price: $65,000 cash offer

ARV: $150,000-160,000 Repair Cost: $25,000-30,000

Listing Type: Short Sale Notes: Scrubbing MLS – out of area

Casa Pinata Details23

Profit: $42,486

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1. Start from nothing-

2. Destroy Your Limitations-

3. Cut Your Own Path-

4. Claim Your Place-

5. Keep It Simple-

6. Perform Your Way To Perfection-

7. Innovate Wealth Creation-

The 7 Masterful Steps Required To Achieve a Life Of

Purpose & Financial Independence Just DO SOMETHING!

Pretend You Have No Past

Choose An Initial Identity

Choose a Target Market & Product

PEOPLE – PROCESS - PRODUCT

DON’T STOP TAKING ACTION

Reinvent Real Estate - YOUR WAY

Copyright Tony Alvarez

Recommended Reading…

1. A Fortune At Your Feet- A. D. Kessler

2. Before You Quit Your Job- Robert Kiyosaki

3. Who Took My Money- Robert Kiyosaki

4. Design Your Destiny- Guy Finley

5. The Millionaire Real Estate Investor- Gary Keller

6. Breaking Into The REO Business- Tony AlvarezCopyright Tony Alvarez

LAST CHANCE TO DANCE…

1-DAY CHANGE YOUR LIFE REAL ESTATE TRAINING

CLASS

Thank you!!!

For more info.www.TonyAlvarez.com

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