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A
Seasoned Investor’s Guide
Step
by Step Guide to Making a Six Figure Income
By
Buying, Fixing, and Selling Distressed Property
Printed
Course Manuals
Volume
One
INTRODUCTION
Earn
Full-Time Money with Part-Time Effort
Being
in Business for Yourself
Forget
the Past! Deal in the Present if You Want to Make Money
Why
Buy Fixer-Uppers and Distressed Real Estate
The
Buy and Hold Strategy vs. The Fix and Sell Strategy
How
Much Can You Profit?
A
Workable System That Works Year In and Year Out
CHAPTER1
BRIEF
OVERVIEW OF HOW IT'S ALL DONE
Different
Types of Distressed Property with Which You Will Be Dealing Buy
It!
Fix
It!
Flip
It!
Folks
Who Are Going to Help You Make Money
CHAPTER
2
SETTING
UP YOUR NEW REAL ESTATE BUSINESS
Starting
a Business in Your Home
CHAPTER
3
SHOW
ME THE MONEY (GET THE FINANCING YOU NEED!)
Money
Talks and You Know What Walks
Your
Cash, Stocks, Credit Cards
Dealing
with the Equity in Your Home
Hard
Money Lenders
How
Is This Done?
Step
One: Get It Appraised
Step
Two: Get a Good Real Estate Attorney
Step
Three: Get a Title Search And Title Insurance Policy
Step
Four: Get a Liability and Fire Insurance Policy
Step
Five: Yep! More Papers To Sign
What
Do Hard Money Lenders Charge?
Welcome
to the World of Private Investors and Why You Need Them How To
Find Your Cash Cows
Powerful
Ads That Lure Investors to You Like Bait on a Hook
Build
it and They Will Come...or Call!
Private
Investors
The
Private Investor Has An "interest" In Your Interest
Tricks
of the Trade for Getting More Money from Your Lender National
Directory of Hard Money Lenders
CHAPTER
4
HOW
TO FIND DISTRESSED PROPERTIES
MLS
(Multiple Listing Service)
FSBO
(For Sale By Owners)
Foreclosure
Pre-Foreclosures
Mean Big Profits for You
Use
the Power of the Internet and Save Yourself Time and Money
City
Hall! You Can't Fight Them...But You Can Use Them
How
to Deal with a Homeowner Who Is in Foreclosure
Authorization
to Release Mortgage - Get The Facts
Postcards
and Letters to Use to Lure in Prospects
Abandoned
Properties...But Not For Long
Real
Estate Auctions
REO
- Real Estate Owned Properties
Divorce
Properties
Properties
That Are in Probate
Locating
Out-of-State Property Owners
CHAPTER
5
INSPECTION
OF THE PROPERTY
Is
It Worth It for Me to Buy This House?
Questions
to Ask the Realtor to See If the Property Qualifies Hang with
Your Appraiser
Other
Ways to Do This...FOR FREE!
Not
All Homes Are Created Equal
Worst
Case Scenario...
Do
the Repairs Myself and Save Money?
Inspections:
A Necessary Evil!
Know
When to Use Professional Inspectors!
REOs
and Why You Need Professional Inspectors!
What
to Look for When Inspecting a Property
Tell-Tale
Signs of Potential Problems Check List
13
Potential Monster Problems Checklist
Property
Inspection and Cost Estimate Checklist
Volume
Two
CHAPTER
6
CALCULATING
REHAB COSTS
Rehab
Costs
Cost
Estimate Guide
Planning
Schedule for the Logical Order of Repairs Project Time Lines for
Completion
The
Secret of Happiness in Distressed Real Estate?... How to Save
Money on Repairs
Sizzle
Features
CHAPTER
7
CRUNCHING
THE NUMBERS
Basic
Rehab Buying Formula
Offer
Worksheet
Explanation
of the Offer Worksheet
Making
an Offer to the Seller
Bidding
on REOs
Dealing
With Private Home Owners
Standard
Purchase and Sales Agreement
How
Not to Be Taken for a Ride with Repairs Should I Use a Handyman
or Contractor? What To Look for in a Contractor
CHAPTER
8
BUYERS
FOR YOUR PROPERTY
How
to Get Buyers to Find You!
What
Should You Sell the House For?
How
to Pre-Qualify a Buyer
CHAPTER
9
SELLING
THE HOUSE FOR MAXIMUM PROFITS
Flipping
the House for Maximum Profits
Six-Step
Marketing Technique
Sell
the Property Yourself?. Or Get a Real Estate Agent?
A
Top Gun Real Estate Agent
Three
Things You Want from Your Agent
You
Do Your Thing While Your Real Estate Agent Does His Thing
Using
Local Newspapers to Find First-Time Home Buyers
The
Buyer's Home Inspection
FHA
Loans
Hang
On! You Are Now Getting Closer to Closing the Deal! Knowledge Is
the Key to Being a Player in Real Estate! How LTVs Work in FHA
Mortgage Loans
CHAPTER
10
THE
SIMPLEST WAY TO EARN BIG MONEY
1N
DISTRESSED REAL ESTATE PROPERTIES
Assigning
Properties
How
Much to Charge for Your Finder's Fee
Joint
Ventures - Quick Road to Rehab Profits Summing up Your
Distressed Real Estate Journey Let Go of the Excuses...
GLOSSARY
OF REAL ESTATE TERMS
APPENDIX
"A"
Real
estate purchase contract and example
13
potential monster problems checklist
Independent
construction contractor contract
Exhibit
"a" scope of work
Assignment
of contract of sale
Property
inspection / estimate guide
Cost
estimate guide - Template
15
minute estimate guide - Template
15
minute estimate guide - Example
Offer
worksheet - Template
Offer
worksheet - Example
Authorization
to release information
Rehab
time lines
Rehab
planning schedule
Contractor
pay summary sheet - Template
Contractor
pay summary sheet – Example
7
CD’s:
A
Seasoned Investor’s Guide –
CD 1
Introduction
- What
This Course Offers
- Why
Buy Fixer-Uppers
- What
Type of Property to Buy
- What
To Stay Away From
- Brief
Overview of Entire Course (Finding, Inspecting, Fixing and
Selling)
- Minimum
$25,000 Profit on Each Deal
- Part
Time Incomes of $50,000 in Six Months Not Unusual
A
Seasoned Investor’s Guide – CD 2
Type
of Houses or Properties to Look For
- The
Good, the Bad The Ugly
- The
Motivated Seller
- Avoiding
Problems and Headaches
- Ugly
Houses are the Best!
- Diamonds
in the Rough Properties
- If
it Smells – It’s Good!
- Planning
is Everything
- Steps
to Take for Success
- What
Buyers are Looking For
- Don’t
Skimp on Details
- Setting
Up Your Business
- Freedom
of Being Your Own Boss
- "Do’s
and Don’ts"
- Tools
of the Trade
- Financing
the Deals
- How
to Find the Money
- How
to Get the Money
- How
to Be a Professional
- Professionals
to Contact
- Advertising
for Investors
- Dealing
with Investors
A
Seasoned Investor’s Guide – CD 3
How
to Find The Properties
- Nine
Different Types of Properties Explained
- Foreclosures
- Pre-foreclosures
- Abandoned
Properties
- Auctions
- Divorce
Properties
- FSBO
- MLS
- Probate
- Real
estate companies
- What
to Look Out For
- Pitfalls
to Avoid
- Using
the Internet for Foreclosures
- Using
Public Records
- Contacting
the Owners
- Tips
of the Trade
A
Seasoned Investor’s Guide – CD 4
Inspecting
Properties
- How
to Determine Market Value
- Sales
Approach Method
- Professional
Appraisals or Not
- Repairs
– Do It Yourself or Not
- How
to Do It Right
- What
To Do
- Who
Should Do It
- Tips
of the Trade
- REO
– Special Considerations
- What
to Look For - Step By Step Guide
- Major
Pitfalls to Avoid
A
Seasoned Investor’s Guide – CD 5
Calculating
Rehab Costs
- How
To Do It Right
- Cost
Estimate Guide
- Actual
Examples
- Area
Prices
- Planning
Schedules – What to Do When
- Tips
of the Trade
- Project
Time Lines
- Expect
the Unexpected – "Fudge Factor"
- Saving
Money The Right Way
- Alternate
Solutions
- Sizzle
Features Sell
- Crunching
The Numbers – The Buying Formula
- The
MAO – Maximum Allowed Offer
A
Seasoned Investor’s Guide – CD 6
Making
the Offer to Seller / Repair Considerations / Selling It
- Offer
/ Counter Offer
- Motivation
Factors
- Desperation
Offers
- Contract
for Purchase Considerations
- Dealing
With Contractors and Handy Men
- Rules
of Thumb
- Get
It in Writing
- Selling
the Property
- How
to Find Buyers
- Pricing
to Sell
- Pre-Qualify
Buyers
- Real
Estate Agents, Mortgage Brokers
- Wholesaling
Properties
- Make
Immediate Money by Assigning Properties
- How
Much to Charge
- Joint
Ventures
Final
Statements and Advice
A
Seasoned Investor’s Guide – CD 7
Documents
on Disk – Forms and Letters
- 15
Minute Quick Estimate Guide Template
- 3
Independent Construction Contractor Contracts
- Assignment
of Contract of Sale
- Authorization
to Release Mortgage Information
- Construction
Change Order
- Contractor
Waiver of Lien
- Inspection
and Estimate Template
- Offer
Worksheet Template
- Pay
Sheet Contractor Template
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