This is an exciting time to be in the real estate business. Lou is now on his 5th real estate cycle. He has experienced a lot that is applicable to today’s real estate environment.
Watch this video and listen to Lou’s advice about the possible shifts that may happen now in real estate. Find out the opportunities and possibilities that these changes may bring.
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0:12 – Introduction – “ What’s Going On in the Real Estate World?”
3:25 – Do I have a buyer?
3:46 – Path To HomeOwnership program
7:45 – How do we obtain pre-foreclosure listings from the county?
10:09 – We went to Dekalb county and could not get a list from them?
10:50 – When a property is purchased. Do you need a special government-approved form to convert tenants’ deposits into a nonrefundable, move-in fee?
14:13– Lease option with a seller I can’t buy in a land trust. I think you said we don’t need an LLC to use when lease optioning from a seller. What do we use?
20:53 – On a “subject to”, we receive the deed from the seller, correct? Whereas the agreement of the deed means that we do not have the deed, right? Does the deed go into escrow in both situations?
22:52 – So again with a lease option with the seller if I don’t buy in a land trust what do I write on top of the agreement? Do I put my name if I don’t have an LLC?
24:48 – What are selling financing or lease options?
26:42 – With a lease option, when a deed goes into escrow. Who’s name is on it? Seller only? or does it Include the 1st options or the secondary buyer?
27:42 – We have purchased the whole enchilada jr, the first 5 volumes of your system. Do you discuss obtaining private money in any of the subsequent volumes?
29:06 – If we want to purchase a property for a personal residence since mortgage rates are low now, would you recommend getting a loan from a bank?
31:56 -Well I was told you can’t buy a lease option in a land trust because we are only leasing. I am confused.
33:35 – On the cost to sell sheet can you explain “Sellers Total Cost to sell ” How you express it to a seller?
36:46 – On the subject to, as we are assuming the payments for the existing mortgage, would we be paying the lender directly? It would seem so since we now have the deed.
39:17 – So the cost to sell is useful to show the seller why it is more beneficial to work with us using creative financing instead of the traditional methods, right?
39:54 – If we have been to a Millionaire JumpStart can we watch online?
43:10 – Lou Brown’s book “Doing Good While Doing Well”
44:25 – So the cost to sell is useful to show the seller why it is more beneficial to work with us using creative financing instead of the traditional methods, right?
45:21 – Since the seller’s name is still on the loan that we have now assumed, what do you tell the seller when they ask about their options after they leave the property?
47:05 – The Trading system.
49:09 – They can’t get another loan because their name is attached to the existing loan so I was just wondering what advice we can offer our client.
50:28 – Lou’s Best Advice.
Discover how to start investing in real estate at Millionaire Jumpstart.
* Money Making Secret #1: Getting Motivated Sellers to Call You! No more calling unmotivated sellers and getting rejected more times than a geek for the high school prom!
I’ll show you how for over 28 years, I’ve been able to get deals brought to me and motivated sellers hunting me down to give me their house.
* Money Making Secret #2: The Art of Structuring Deals! I’ve been doing this for 40 years and I love to share how I get sellers to give me the house, a check, and even a jet ski or two.
* Money Making Secret #3: Negotiating Secrets Revealed! I love to negotiate, just ask Matt, one of my hand-picked coaches. We recently went to an estate sale and he witnessed me structuring a deal to buy the house and contents right there on the spot.
* Money Making Secret #4: Trusts Simplified! A little confused on this entire Trust thing? Why to do it? How to do “Subject-To” safely? I’m going to show you my new fundamentals of Trusts training that will simplify the concept of Trusts, so a 9-year-old child can understand it.
* Money Making Secret #5: Develop a Plan for Success in Real Estate. The wealthiest man ever to walk the earth left clues for us on how he amassed his great wealth and kept it.
How to Help People While Helping Yourself – Become a Certified Affordable Housing Provider™
Create Your 10 Million Dollar Retirement Plan – specific formula revealed
Learn Hidden Profits Available in ANY Deal – worth thousand$
How to Take Over the Seller’s Loan with NO Money
How to Have the Seller PAY YOU to Buy Their Home – no kidding!
Buying Without Bank Loans – over forty years and never one bank loan!!
Easy Ways to LEGALLY Raise Big Money for Your Deals
Renovations – Quick Ways to Safely Make Huge Cash Now
Money-Making Management Secrets from a 40 year veteran who manages over 150 now
Accelerating Your Cash Flow – Add built-in “Profit Centers” – extra hundred$ per month
Case Studies: Secrets of How They Were Found, Negotiated and Sold
How to Protect Your Deal from Someone Else Stealing it
Legally Pay ZERO Taxes on Your Real Estate Portfolio – simple structure worth thousands
Having Tenants Leave Your Property in Better Condition than When You Gave It to Them
Why Land and Personal Property Trusts are the Best Privacy and Asset Protection
Benefits of Trusts You Cannot Get With ANY Other Entity
The Due-on-Sale Clause – What it is and How to Avoid it Legally
And MUCH More
Attend this power-packed “one-of-a-kind” best of the best training on making money in real estate investing!
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