â If I had to go back in time and start all over in my real estate investing career, and I needed to make QUICK CASH, here's what I'd do...
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First, I'd print out 50 of [these lead sheets](.
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Then I'd go to Zillow and find all the houses "For Sale by Owner" in my area, call them all, and fill out a lead sheet for each one of them.
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For any seller that said they'd be open to taking a monthly payment for their house, I'd set up a time to call them back after I "did a little figurin'."
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After checking out the numbers and doing a quick estimate of ARV, I'd call 'em back and say: Well, looks like I can make the numbers work and I can buy your house. The way I do it, it's a real common way of doing it now, I just take over your existing mortgage. I'll take over all your payments and maintenance on the house, including your taxes and insurance, and any HOA dues you have there. So it's actually a lot like, maybe you've heard of assumable mortgages? All the VA and FHA mortgages used to be like this where you could just take over payments. So what I do is just like that except we don't have to do all that assumption paperwork anymore. The loan does stay in your name temporarily until I get it cashed out at some point in the future, but I take care of everything so you can just sell the house to me and move on with your life. Does that sound good? â
Anyone who says yes to that, I'd setup a time to go do a quick walk-through of the house, and get the paperwork started (i.e. get the purchase agreement signed).
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Once I had the deal signed up, I'd start calling all the other real estate investors in the area and see if they wanted to buy this deal from me.
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I'd also put the house up for sale on craigslist (today it would be FB Marketplace) saying "Rent-to-Own Home For Sale, No Bank Qualifying, Flexible Down Payment, Flexible Monthly Payment, Price $149,900" (or whatever I set my price at).
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That would get the potential buyers calling me, at which point I'd setup a time to show them the house, and if they were interested I'd ask them two important questions: "what's the most you can afford to put down toward your new home?" and "what do you need your monthly payment to stay under?"
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I'd work my buyer leads to find the buyer who looked like they had the best numbers, i.e. highest down payment, and highest monthly payment (that they could afford using the 33% rule).
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Then I'd set up the transaction so that I closed on the house with the seller the day before the buyer wanted to buy the house and move in.
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Closing day comes, the attorney has all the docs prepared for the seller, they come in and sign.
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Then the next day (or even later in the same day), the attorney has all the docs prepared for the lease-option tenant-buyer, they come in and sign and pay all the money - the down payment, the first month's rent, and the attorney's fee.
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Then it's time to head to the bank to deposit the checks.
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Now I've got a chunk of change in my pocket (usually get about 10% down from the tenant-buyer), and maybe a few hundred bucks cash-flow coming in on that deal every month.
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Rinse and repeat.
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Now of course there's a little more to it than that, but I can only fit so much in an email here, right?
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But let me ask you, does that sound very difficult?
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Could you do that once a month for the next year?
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Could you do that twice a month?
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I have this theory that if you just did that twice a month for the next 12 months, you'd never have to work another day in your life.
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Because then you've got 24 of these little money-machines working for you.
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Say you're making $300/mo net on each house, that's $7,200 per month income.
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And that's just the monthly spreads.
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Don't forget about the down payments. 24 houses x $10k each = $240,000 cash in the bank, right?
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And here's the little secret nobody really thinks about that makes this whole deal even better...
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Most of these tenant-buyers will move out before they ever buy the house.
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And when they move out, you just go find another tenant-buyer and start the deal all over and collect another $10k down.
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As often as these deals turnover, you could build up a portfolio of just two dozen of these things, and just with the natural turnover every couple years, this business starts putting money in your pocket on auto-pilot.
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âIf you want to make this dream a reality for you, then here's what you need to do:
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â[Click Here and schedule your Transactional Engineering Strategy Session](â
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The closest thing I ever found to a shortcut to success was hiring a mentor.
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Someone who had successfully done exactly what I was trying to do.
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So they could show me the ropes and seriously cut down my learning curve and my ramp-up time.
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It's not worth it to wait. Time is the only resource we have which can never be replaced.
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â[Spend it wisely.](â
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To your success!
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Blair â â â â â â â â â About Blair Halver and Dealbot: Blair Halver is on a mission to help people achieve their personal financial goals through real estate investing. Blair Halver, originally from Chattanooga, TN, moved 14 times during his childhood, all over the United States. Blair and his family ended up in Winston-Salem, NC as their hometown now, but not before he spent several years working in Hollywood, CA as a production sound mixer for various unscripted television shows such as Dr. Phil, the Real Housewives, World Poker Tour, Property Brothers, and more. Blair realized early on that he did not want to work for an hourly wage for the rest of his life (even if it was a really high hourly wage), and after he read the book Rich Dad Poor Dad by Robert Kiyosaki, he decided to jump into the world of Real Estate Investing. There was a lot of trial and error. In fact, Blair lost money on his first investment - a turnkey rental property he bought sight-unseen at a seminar right before the real estate crash in 2008. Blair learned a lot from that experience and dove deeper down the rabbit hole of âinsider real estate investingâ, something he now calls âTransactional Engineeringâ. In 2016, Blair was finally able to leave his dead-end career in television production after he successfully replaced his income with his real estate investments. Blair is now a millionaire real estate investor and spends his professional time constantly working on new ways to find an edge in the marketplace through technology and systems. When he finds a new edge that works consistently, he shares it with the world through his company, Dealbot. Blair and his team are also strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of his subscribers. We know you care about the information you provide us. You do not want it rented or shared. So weâve developed a Privacy Policy that explains the policies we use regarding the collection, use, and disclosure of information you entrust to us. Our Privacy Policy and Terms & Conditions are listed in the footer of all our web pages. By using our websites and by agreeing to the Terms of Use (via opt-in, checkbox, or clicking an email link), you agree to our Terms & Conditions and our Privacy Policy. If you disagree with our Terms & Conditions, or our Privacy Policy, please do not use our websites. Earnings Disclaimer: Any statements in our webinars, emails, and other communications should not be interpreted as a promise or guarantee of earnings of any type whatsoever. As with any business or venture, the results you get will vary based on your desire, effort, persistence, ability to follow our guidance, and an unknown number of variables which are beyond our control. Please unsubscribe from our newsletter if you disagree with any of the above, or simply no longer want to receive emails from us. You can do that by clicking the âunsubscribeâ link located either at the top or bottom of this and all of our emails. Lastly, please note that our business is located in the United States of America. If you live in another country, where the laws are different or more restrictive about the collection and use of personal information, then please understand that by being a subscriber of our newsletter and by using our websites you agree to waive those restrictive laws and agree to be governed by the laws of the United States of America. If you have any questions, simply reply to this email or directly via support@getdealbot.com. You can also reach us via phone at 1-888-515-7111, however email is always the fastest way to get a response. This copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that the sender of this email has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this message and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This email contains Advertisements. â[Unsubscribe]( | [Update your profile]( | 113 Cherry St #92768, Seattle, WA 98104-2205