How to Earn 6-Figures from Real Estate This Year
-
Upload
laura-alamery -
Category
Real Estate
-
view
131 -
download
0
Transcript of How to Earn 6-Figures from Real Estate This Year
Did you know …
• Major Demand and Supply (Inventory) in Today’s Market
• More Millionaires are Made in the Country Today since the Great Depression – ‘New’ Money
• 80% of this Money is from Real Estate
• Today the Real Estate Market is better than 2006
Did you know …
• The top five counties for flipping to baby boomers are all in Florida
• States with highest share of home flipping as a percentage of all single family home and condo sales were Nevada (8.4 percent), Florida (7.9 percent), Alabama (7.5 percent), Arizona (6.9 percent), and Tennessee (6.6 percent)
RealtyTrac
Today You will learn• The 5 simple step by step plan to finally close a deal effortlessly;
• The 3 main successful niches in real estate investing that you need to master today;
• The 5 secret crucial key factors to gain the edge over real estate investors;
• Luxury Properties – The True “Golden Nugget” of High Profits with Low Competition (and still you don’t need any of your money or credit!)
Why This Info is Important to You
• You are ‘New’ to real estate investing – where to start(?);
• Competition is tough;
• Not enough time to get into the business;
• You have no money or credit;
• Overwhelmed, paralysis of analysis …
TRUTH IS …THE REAL ESTATE GAME HAS CHANGED!
About Me …
Profession:Real Estate Investor and Mentor
Developed Several real estate strategies
from personal experience
Started: REI 1987Real Estate Broker & Investor
Empowering Investors…
Organizer of Real Estate Investors Expos
Laura with Robert Allen, author of “Nothing Down”, “Multiple Streams of Income” and more
NEXT WORKSHOP
ALL DAY TRAININGSign Up Today!
Receive3 Months of Follow Up Coaching
Rapid REI Riches
August 13th 2016
Always need for shelter
Calculated Risk Tools & Information
Appreciation & Stability Historically & Tangible
Why Invest in Real Estate?
5 Principles of Wealth
1. Believe It Is Possible
2. Think Like the Wealthy
3. Overcome Obstacles & Take Action
4. Focus & Strategize
5. Never Stop Learning & Adapt with the
Times
This is What’s Keeping You from Success
• Ineffective Process
• No Consistent Deal Flow
• Strategy Hopping The “Next” Shiny Object Syndrome
• No Control of the Transaction or Funding
Delinquent Property Taxes
Foreclosures &Bankruptcy
My 3 Favorite Ways to Locate Properties
Demographic Searches
Hines.com
Current Wholesaling Deal
Put it under contract for $109,000 (with $1 down) on June 21st
Closing on July 29th – Sold for $145,000Delinquent taxes $13,500Other liens about $3,000Profit to Investor (me) $17,500 after closing costs
Recent Fix & Flip
Purchased with Private Money $72,000Rehab Cost – $30,000Sold For - $145,000
Profit $38,000 after closing costs
Why using Private Money?
Private MoneyPurchase & Rehab$180,000
Sold for $265,000
Profit $58,000
Lender Received$205,000
$33,000 Residualto Investor (me)
The 3 Key Ingredients
FinancingQualified BuyersProperties
• “Don’t Wanters”
• Asset Based Lending
Wholesaling• Cash Buyers• Repeated Buyers
Fix & Flip • MLS or FSBO
Why Invest in Luxury Real Estate?
The market for luxury real estate is strong and growing.
Luxury home sales in many vacation communities across the U.S. are soaring, driven by cash purchases and rising stock portfolios.
The resurgence of the upscale-home market is expected to accelerate due to increasing investor confidence and the targeted marketing of properties to the very affluent.
The wealth of the world’s richest people is at an all-time high, according to Forbes, therefore the potential market for luxury properties is larger than ever.
The 5 Steps Process
1. Research Area & Find Qualified Buyers2. Find Motivated Sellers3. Set Up Lead Generation System to
Follow Up and Sort Deals4. Offer Property Deal & Negotiate5. Close with Closing Coordinator
The “System”
• Free Leads• Direct Mail or
Phone
Marketing
• Landing Pages• Answering
Service
Lead Intake• Follow Up• Autoresponder• Software CRM
Contact Management
• Right Strategy• Close
4 Outcomes
The “System”
80/20 Rule
• 80% Time on Money Making Activities
• 20% Time Non-Money Making
Activities
Unlimited Profit
Potential
Case Study
“2015 has been my best year in wholesaling ever!With Laura’s help I have been able to exponentially grow my business.I have presently over 20 properties under contract and I am actively wholesaling in 7 markets around the Country.”
Chris Bairdchrisbairdconsulting.com
What Are YOUR Numbers?
30% of Your Offers Accepted
Pick 1 Property for Buy & Hold
(every quarter)
Wholesale and/orFix & Flip
• 3 or 4 Fix & Flip “Regular” Deals
• 1 Luxury Real Estate Deal
• 1 “Regular” WholesaleDeal a Month = $10k+
$10,000 a Month in 6 Months
FACT – Abundance of Cash Buyers
They aren’t all institutional investors any more.Rather, they are baby boomers, empty nesters,wealthy American investors and foreign buyers
who are coming to the U.S. from all overthe world.
FACT – Abundance of Inventory
Housing and mortgage crisis have produced an all time high
of distressed properties:foreclosures, abandoned, REOs,
tax delinquent and more.
FACT – Abundance of Inventory
It is easier than ever to locate propertiesand owners,
due to widespread use of technology and tools.
Rapid REI Riches
Module 1 Business Organization and Team Development Real Estate Business Flow Mindset of a Successful Investor – A Strategic Plan Module 2 Building a Qualified Buyers’ List and Exit Strategies How and Where to Locate Distressed Sellers Negotiation Skills and Role Playing
Module 3 How to Analyze a Deal and Submit Offers Creative Funding Resources Laura’s Secret Strategy – Sell Any Property in 3 weeks or less
Rapid REI RichesModule 4 Wholesaling and Virtual Wholesaling Strategies Buy & Hold – The Complete Plan Fix & Flip using OPM Laura’s Decision Process Cheat Sheet
Module 5 Tax Delinquent Property – The “Golden Nugget” Business Automation Marketing Secrets – Online and Offline Bonus – Save Thousands with this Training alone!
Due Diligence Checklist How to Do Your Own Title Search
3 Week Action Plan – Make Money in Less than a Month!
•Personalized Action Plan!
Bonus Strategies!
How to Raise Private Money Laura’s Secret Strategy – Sell Any Property in
3 weeks or less Laura’s Decision Process Cheat Sheet Tax Delinquent Property – The “Golden
Nugget” Business Automation & Marketing Strategies Luxury Real Estate Investing How to Find and Raise Private Money
Rapid REI Riches