Lou Brown Coach: minimizing things because it's not showing the margin.
Lou Brown Coach: I would say he's the places start most people go to a lot of other investors first and that's just kind of the cost of finding to is how it's always there.
Once we found Lou we've we don't really go to anybody else that provides what he does he's just he's the best the total package, he gives you everything you need to have a successful business.
we're building a Community page.
And in that Community we saw.
loose fantastic Lewis local Lewis authentic Louis real so he's more than a guru he's he's a mentor you know I consider friends someone I can call up anytime that just about real estate I.
Just.
I love people I love people from all walks of life and.
You know what else can I do to inspire people what else can I do to help them what else can I do to improve what they're doing.
To help them be more successful I love it I just think it's going to give us everything we need and it's going to give provide a great retirement for us in the future.
I see myself as kind of a participant in their retirement, the fact that they can get to retirement, the fact that they can build up.
An amazing income stream for their retirement and I never say that people have to retire I say you can be at choice you can choose to retire, you can choose to retire anything anytime you want to when you have enough income, I think the key word with Lou brown system is system.
Because I think it is something that is very duplicatable that anyone can do if they just follow the process just follow the steps laid forth go down the road that has already been paid than anyone can do it.
Somebody other things are out there, they dangle a carrot in front of you, you know you by the system about somebody else's course pieces are missing, but when.
You have everything you need from agency, you name it is doing it has done it and it's a proven system as it is a complete system from from the start to the end Lou has done this for 40 years and well Lou Brown.
has learned over 40 years he has put the paperwork together so that we don't make those same mistakes it's a beautiful fact.
Through street smart systems in through what new Brown is build I have an opportunity to really truly live the American dream that's what i'm excited about.
When they come to my experience, then they get to see that we are some defined and that we can support them all the way through their career.
A lot of a lot of gurus out there are delivering bits and pieces they're delivering something but it's not everything it's not what's needed to actually have a sustainable business a successful business.
And what I discovered is I could do that I like to share it with other people and help them see.
That, no matter what their situation is no matter what their background is no matter what their issues are their credit anything like that it just doesn't matter.
You can put that all aside when you've got the right guidance and so that's what we do is bring the guidance to people to really help them have a better life than the one they've got.
Okay, so my name is James owens i'm from Las Vegas i'm coming into this event, what I thought we were going to have is kind of like a sales pitch, I know that Lou is extremely polished.
And he's definitely got sales experience and background and skills.
And that's what I thought we would have a three day kind of like the hype session something along those lines, but we actually found was over 40 pages typical set of notes in here and the very first day.
Some people over 50 pages of notes in the first day homework at night, you got when you come to this event you've just got to plan on learning the entire time and putting in the work.
homework again Saturday night I was up till almost midnight last night finishing the homework and.
And you say oh yeah i've got that But then when they say you're going to do the homework on it, you realize you don't actually have it we hit to calculator so we're working on it until I call it burning the midnight oil.
Finally, what we're walking away from here after three days feels like we've been here for a week we've learned an absolute ton of things that we're going to be able to go home and monetize and the.
amount of money that we're going to say and the mistakes that we're going to avoid coming out of this weekend, are going to be.
gifts that will last an absolute lifetime and just make us more successful overall people don't realize how many things can take them out of the game.
Because they didn't know what not to do so, just very thankful for this this training lose lose training and the entire team is just absolutely fantastic the support you get the family feel everything you're looking for is you're not just one piece, the entire system is here.
My name is Angela slate and i'm from Atlanta Georgia and enable my business notice property I heard about little brown I was attending a subclass at R GA remy.
And Lou pops up, I never heard of him until he introduced the House, but I was looking for something I didn't want patchwork I wanted something complete and all the other girls or.
People who brought their programs to our Ria did not inspire me.
So that's what made me decide to jump in and go oh wow loot browse system is so different from any program i've ever come across.
mood gives you a complete system from beginning to end, you can walk into lowbrow system as a newbie as I was, or you could walk in as an experienced investor and still get the same results.
i've had success because of the ground system where there's 36 different ways that you can purchase or acquire or negotiate deals.
One of the ways that I happen to master this what we call it in our House.
A $10 houses, where you can take a home that then have the best of circumstances so of the seller problem.
Get the House for $10 put it in and create and generate monthly income, as well as a nice down payment it's just amazing I love it oh true freedom in every aspect of my life.
Being able to travel, when I do, what I want just make decisions that I would have never had to make or have the ability to make that are not been introduced to the process.
If you just come to one of his class, no matter which one it is you will be so impressed, you will be sold as.
A system, the program uber on himself is amazing, and I truly mean that what I would suggest about the little brown system or even the coaching.
If you want the results predictable results that loop around gets then follow the system trust him and do what he asked and you'll get the same results as i'm starting on that journey and I love it I like this amazing.
alliance Cleveland i'm from the Gulf coast of Mississippi, and this is my daughter mindy richards and she lives in davenport iowa.
My wife Judy is a real estate broker and she and I are taking training with RON the grand and Lou Brown was a guest speaker from the brand and so we started.
into his program back in 2008 and we kind of lost our focus a little bit after hurricane Katrina took our House on a number of our properties on the Gulf coast.
And now i'm looking for a career change and getting more focused on getting back into real estate investing and my daughter mindy is.
A similar situation or she's looking for the what's next in her life and so she's looking for a career change as well, so we're calling up as a team, as it is, I, like the passive income opportunities i've been in the service industry for.
Almost all my life and whenever I stopped working it's kind of like.
A wheelbarrow set it down it stops the income stream stops with it, so this is an opportunity that I can actually earn money while sleeping, which is a really nice concept i'm actually sleep more.
I like blue brown system because he is a very kind teacher he's very passionate about what he does, and he has a really good way of communicating that his system is very complete from alpha to Omega.
You can pretty well fit in wherever you are in the program wherever you want to you really don't have anything to lose by giving it a look.
and decide whether it's for you or not and talk to some of the people that are here and make your decision there's no pressure to make a decision, so it may not be for everybody, I can't imagine that but.
You can come and take a look and see if it's for you and make a decision after you've given a look, this is mindy's first time and didn't take our logo decided this was from her as.
Well, we were talking about.
playing on the beach with.
Our iPad on our lap and the toes in the background of the of the water ahead of us and still knowing we're making a nice income in that backdrop.
Melanie and Tony and we're from the dream maker solutions and we're from Houston Texas, we learn about Lou at a Ria meeting in Vegas.
He made a presentation on asset protection that that was something that we had been looking for for a long time, as a matter of fact, because we've been in real estate for about 30 years.
And we've been.
Listening to other.
presenters on how to protect our assets and I felt like blue had the full package.
I believe that blew it was total total.
package on how to protect our assets and take our names yeah it's the system because before that you know we were going to different.
Events in class, and it was here and there was nothing, it was just puzzle here puzzle there, but with Lou is the total package is the whole system, it took us from one to 10.
So before then, it was just you know.
trying to do here and there, but with Lou it's like with the system with what lose teaching us and the guidance and everything it just made our business from one to 10 as we begin to implement his systems in in what we are doing in our personal investment.
It will feel more comfort, as far as not making any mistakes or preventing mistakes go and do it come because he will take you to where you want to go where you want to be one year to year, five years on, where you are today faster absolutely is not just.
An excitement that you feel is like you do we do go, we had been to other bands, where they rally up and pump you up you know, and then the event is over, and then you don't have nothing to go back in when you're with Lou training.
You have the system, you have the methods and and you're responsible to make those steps and they keep you accountable.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Okay, I guess, maybe we're back i'm going to share my screen here for a second.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: we'll play everybody can see this.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Can you guys see a screen that says my target market.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Can someone put it in the chat box, if you can see it.
Bruce Beasley - Co-Founder: We see it.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Okay perfect.
Bruce Beasley - Co-Founder: And if you go down in the share screen.
Bruce Beasley - Co-Founder: If you escaped you know stop sharing for a moment.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Okay, and.
Bruce Beasley - Co-Founder: On the share screen menu there's three dots over the right so more.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Three dots it says more.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: I don't see my mind.
Bruce Beasley - Co-Founder: Okay now we're kind of get that black box out of there.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: i've had that black box all morning yeah.
Bruce Beasley - Co-Founder: Well you've got the chat open right.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Now I just closed it okay now you've.
Bruce Beasley - Co-Founder: got that black box.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: still got the black box brother.
Bruce Beasley - Co-Founder: We got time at the top now over to the right now is worse now.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: how's it now.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Okay.
Bruce Beasley - Co-Founder: it's off my screen a little bit at the top.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Okay, well, I wanted to just talk about target market real quick before we do Q amp a and one thing Lewis talked about a lot today is the House monster finding your buyer first and.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: One thing about it with finding your buyer first you're not going to get yourself into trouble house monster is designed to do that you're not going to go out and buy houses and then.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: worry about finding your buyer you find the buyer first, and you know, Paul had a great presentation today on long distance investing.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Some of you will do that, and some of you will have a market locally.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Cynthia and I our market is about a 1718 mile radius of our House, sometimes people have a tighter market depending on your metropolitan area how big it is.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: But your target market, you need to really work your local target market, you know, one of the things Lou.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: made mention of this morning and I wrote it down is you want to build a customer driven company.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: A customer driven company, so if you're going to build a customer driven company Where are you going to find those leads at and in they're going to be in your target market.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: You with either the area name or the zip code or the Cross streets you got to have a lot of shopping centers and stuff like that and businesses in that target market and that's where a lot of your customers are going to come from.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: they're going to come from them small business owners those people that can't go and get financing directly, whether they be barbers or beauticians or whoever.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: But as you look at that sheet right there you're going to see that.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: you've got a lot of different businesses laundries dry cleaners grocery stores restaurants, these are all places that you spend money at on a weekly basis.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: They know you you've been customers of theirs so that's people that you want to work with, then, as you look down there you're going to see.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: magazines and newspapers that's local marketing that's local advertising that you can put ads in or get information out to the public on and then you're going to do letters that's part of your marketing also.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Real Estate offices and mortgage brokers, those are great referrals okay all real estate brokers and mortgage.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: brokers have people that they can't get financed they've got files yes.
Bruce Beasley - Co-Founder: Go to the next slide which is trying to.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: increase the size, there you go.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Okay, real estate offices and mortgage brokers those places are where you can get a lot of different leads.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: I can't hear that box, it may go away that's where you're going to get a lot of different leads because real estate agents have people mortgage brokers have people that cannot get finance they've got files of those kind of people that can't get bought churches apartments.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Employers those are great lead generation service places places that you've got apartments.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Those are incubators for your House monster system that people that are living in those apartments would love to have a home.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: there's a lot of employers that you know you could advertise that those employers for people for housing.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: And you want to work with those employers and those churches and apartment buildings, because that's how you're going to grow up your your business.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: But work that target market be a Community based business like Lou always talks about be a Community based community driven company, so I just wanted to throw that out there and then we can go back here and do Q amp a so i'm ready for that Bruce.
Ron EVENT: hey Kevin.
Ron EVENT: Stop screen share uncheck the right hand box and start screen share again that'll get rid of the box, I think.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Okay that's fine I was done anyway.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Perfect thanks RON so does anybody have any questions that they want to ask.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: You can either raise your hand, or you can put it in the chat box.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: And Bruce and I to Lou gets on will monitor that.
Bruce Beasley - Co-Founder: We actually have a couple of raised hands okay.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Go ahead and Bruce.
Bruce Beasley - Co-Founder: want Mr john.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: i'm trying to watch the box right.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: and think Julian is up there Mike top corner first yeah.
Bruce Beasley - Co-Founder: Julian Peters for you RON.
Bruce Beasley - Co-Founder: Okay, and we can go crazy grammarly.
Bruce Beasley - Co-Founder: Are you.
Dr Emily Fields: Good day good day.
Bruce Beasley - Co-Founder: turn on your camera.
Dr Emily Fields: Okay i'm.
Dr Emily Fields: Still eating some food, but let me, let me try and.
Bruce Beasley - Co-Founder: Most of those are still you.
Dr Emily Fields: see a better picture of me.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: that's what I was doing when the.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Video stopped.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: I had to drop everything swallow real quick and show.
Dr Emily Fields: Okay, all right great So my question is in taking.
Dr Emily Fields: Dealing with the.
Dr Emily Fields: Private lenders, how are we putting that, together with the trust.
Dr Emily Fields: Are we just giving them a promissory note, are they able to are we giving them an attachment to the property here, how is that working.
Bruce Beasley - Co-Founder: Because I know it will greatly depend on your your lender know what they bought and some summer why private lenders have wanted to add the property.
Bruce Beasley - Co-Founder: A LIEN on the property they weren't.
Bruce Beasley - Co-Founder: recorders property in in in California to all crispy crispy.
But.
Bruce Beasley - Co-Founder: I said great i'll be willing to do that, however, my intent this property is fairly short term and when I sell this property i'll need to pay you off.
Bruce Beasley - Co-Founder: And I will need to have other lenders in the queue and they will want to lend me money and you'll have to wait your turn again.
Bruce Beasley - Co-Founder: Or we can just do a promissory note and then it will be up to me to keep your money working and i'm not sure I can keep keep paying so it's up to you YouTube i'm willing to do it either way.
Dr Emily Fields: Okay.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: I do exactly the same thing, Dr Emily I just I only give a promissory note that's all I give to them, they get a one page single promissory note from me.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Now they are also I do provide a couple of things I tell them that they are listed and they are on the insurance policy, so if a house burns down gets hit by a tornado they're going to get paid first just like a bank Okay, I also tell them that the property is held in trust.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: That gives them some peace of mind, knowing that.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: they've got some protection there you know from getting sued their names, not out there on public record oh.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: So that that makes a little difference to some of them, but the big thing is is, if you don't volunteer and mortgage most of them aren't going to ask for a mortgage.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: keep in mind when you're dealing with people that's in your phone that are Joe average people.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: they're not professional money market or money lenders private lenders they're not going to ask for a mortgage.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Now you're borrowing money from Lou or Bruce or me being in the business of course we'd asked for a mortgage we'd want security.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: But your friend that you work with somebody that goes to your church they trust you they're investing in you, they don't care.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Mind don't even care where the property is you know I offer to have them even go buy them and give them the address and they don't care, but it is on my promissory note.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Okay yeah they're just interested in how much you're going to pay me and when.
Dr Emily Fields: Okay, and.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: they're interested in return on investment.
Bruce Beasley - Co-Founder: Two things that they're really interested in darker darker.
Bruce Beasley - Co-Founder: And that is.
Bruce Beasley - Co-Founder: Return their money.
Bruce Beasley - Co-Founder: Right return on their money yep.
OK.
Dr Emily Fields: OK Okay, so are you you're paying them like i'm like the healing holder you're paying it off, are you just doing interest only.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Well, do an interest only.
Bruce Beasley - Co-Founder: It depends on on the deal.
Bruce Beasley - Co-Founder: In most for the most part it's just an interest on my part, though I have paid all of my private money lenders off all of my properties are free, fair.
Dr Emily Fields: Okay.
Bruce Beasley - Co-Founder: Now I paid off the ones that wanted to doubt on my interest first then work, down to the link to the lowest interest.
Dr Emily Fields: Okay okay very good.
Bruce Beasley - Co-Founder: Great and I did with my private lenders I didn't ask for any discounts at all, now the if I get over five minutes i'm going to be asking for a discount.
Bruce Beasley - Co-Founder: hey Joe or.
Bruce Beasley - Co-Founder: coming into some extra cash and I was wondering if you'd like to to get paid off on that owner financing loan that you may be when I bought your House.
Bruce Beasley - Co-Founder: Would you be interested in taking 10,000 for that $13,000 note.
Dr Emily Fields: Oh okay.
Bruce Beasley - Co-Founder: yeah okay yeah.
Bruce Beasley - Co-Founder: nine times out of 10 they say yes absolutely.
Dr Emily Fields: that's your that's your buyer.
Bruce Beasley - Co-Founder: No that's my seller.
that's.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: The way you borrowed from.
Bruce Beasley - Co-Founder: So.
Dr Emily Fields: Well, your properties and.
Bruce Beasley - Co-Founder: And you are goshen at.
Bruce Beasley - Co-Founder: The seller Tara does a carrier back.
Dr Emily Fields: Right Oh, the seller OK.
Bruce Beasley - Co-Founder: So the seller is your bank right.
Dr Emily Fields: Right right.
Dr Emily Fields: Right okay.
Bruce Beasley - Co-Founder: that's when you have that conversation is for discount now my private life i've never even asked them to take a discount.
Bruce Beasley - Co-Founder: right they have quick tasha.
Bruce Beasley - Co-Founder: right through.
Bruce Beasley - Co-Founder: seller financed where where the seller has they put up equity then we'll put up.
Dr Emily Fields: A right Okay, and one other quick question.
Dr Emily Fields: I noticed that Louis something in the on the board there in the systems about mold a national company that deals with mold you know which company that is.
Bruce Beasley - Co-Founder: Perfect yes.
Dr Emily Fields: Yes, yes I wasn't sure if you were on the line, and you heard the question.
Bruce Beasley - Co-Founder: But yeah and I think it's a different a different contact, I have a contact for GA but I know that.
Bruce Beasley - Co-Founder: that she can help you for California.
Dr Emily Fields: Okay okay alright.
Bruce Beasley - Co-Founder: sounds good yeah.
Bruce Beasley - Co-Founder: I will talk to her see if he has a contact California.
Dr Emily Fields: Okay okay.
Bruce Beasley - Co-Founder: Very good, I have to talk to her again this week.
Dr Emily Fields: Okay, great great very good Thank you Thank you so much.
Bruce Beasley - Co-Founder: And I built some good rapport with her.
Dr Emily Fields: Very good, thank you.
Bruce Beasley - Co-Founder: Okay anyone else.
Bruce Beasley - Co-Founder: I don't see any raise hand though, just unmute yourself and.
Bruce Beasley - Co-Founder: say.
Lou Brown Coach: You still hear me yeah baby.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: I see sean's got his hand race.
Good.
Shaw: Can you hear me.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Yes, sir.
Shaw: We gotta i'm in California, we also have a rental moratorium and and a mortgage moratorium, because of the cove it they extended it without affecting any of this kind of work.
Shaw: When you buy in from trying to buy from a homeowner you know get somebody.
Shaw: And the.
Shaw: Whole property from.
Lou Brown Coach: Who said oh sha sha that's who's asking the question.
Lou Brown Coach: Yes, oh sha, let me tell you here's what's cool imagines do you have a new customer moving in it just gave you 45 grand i'm not too worried about a moratorium when i've got 45 grand in hand does that make sense.
Lou Brown Coach: Yes, so it really does depend, and yes, you are 100% correct, you need to be very careful about who you move into your properties, you need to be very careful that you properly screen them.
Lou Brown Coach: And you want to screen them for income, you want to look at their jobs How long have they had that job, how much is their income from that job what's the history.
Lou Brown Coach: You do want to check out their history as much as possible, whatever limitations are on that you take those limitations, but there's backdoor ways, you can find things out.
Lou Brown Coach: and private investigator is one way they have access to certain levels of information that you and me don't have access to so for not.
Lou Brown Coach: Much at all.
Lou Brown Coach: You could even investigate them if you had any concerns now if you're able to check out their income and you check it out their job and everything checks out appropriately then you're properly.
Lou Brown Coach: Probably Okay, especially because of the fact that you've got that down payment money from them, either as an option fee or the down payment.
Lou Brown Coach: And, as a result you don't have to worry as much about the rental moratorium, because these people have a different mindset than renters.
Lou Brown Coach: And that's the distinction, I really want you to understand is the difference between landlord and path to home ownership is a completely different paradigm of customer this customer is much more inclined to want.
Lou Brown Coach: to serve you and want to pay you as opposed to not want to.
Shaw: make sense.
Bruce Beasley - Co-Founder: Thank you any.
Bruce Beasley - Co-Founder: job in in hallway through this covert.
Bruce Beasley - Co-Founder: nonsense.
Bruce Beasley - Co-Founder: Nonsense right.
Bruce Beasley - Co-Founder: In my over 30 properties I haven't had any problems at all with him I.
Shaw: just wanted to make sure I figured it was no problem, but I knew, you would have a solution for it, thank you.
Lou Brown Coach: Thank you.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Great question.
Lou Brown Coach: All right, so Have you taken care of everyone else, then.
Lou Brown Coach: Is anybody.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: question I don't see any more questions but Julian still has his hand up but I don't know if he's back yet.
Lou Brown Coach: he's just waving.
Lou Brown Coach: No Julian do you have a question for me.
Lou Brown Coach: yeah great guy love Julian.
Lou Brown Coach: he's definitely a big help to us in the trust world to.
Bruce Beasley - Co-Founder: Julian raised quite a while ago.
Bruce Beasley - Co-Founder: So me not.
Lou Brown Coach: That that had to do with me.
Lou Brown Coach: asking how many of you are getting value from this and that type of thing so.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: There is a question in the chat box lose that I don't know if Dennis has answered it or not, but Joseph is asking do you have a payment plan, and so do you want him to contact Dennis.
Lou Brown Coach: Joseph absolutely we were we are happy to work with you, and anyone who needs that and simply called Dennis at the 1-800-578-8580 or Bruce if you'll put that in there and he'll be glad to take care of you or, alternatively, give him your number, and he will call you back.
Lou Brown Coach: If you have, for example, if you call and he's tied up with another client then he'll give you a call back at a seven to seven number will come back.
Lou Brown Coach: up and and I got this in my hand this is a your House monster, by the way, it's loaded with information and that's what we're going to be shipping to you, I wanted to make it clear that.
Lou Brown Coach: The downloads that you're getting today you're going to have the first three chapters of this but we're shipping you the entire system.
Lou Brown Coach: So that you'll have that at your fingertips, because you want to use this as a guide as well, this is going to be guiding you through what to do and how to do it and it's all written up in here, in addition to what you're learning today, so I want to make sure you understood that okay.
All.
Lou Brown Coach: Right now.
Lou Brown Coach: Next is next.
Lou Brown Coach: I do have one other things.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Oh whoo we just had a question pop up in the chat box and I guess they missed my thing this morning, they may have got on late but rose is asking will there be a replay to this and.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: If you want to cover that or you want me to send her the message.
Lou Brown Coach: rose what we offered was that everyone could have an a complete recording of this as a VIP.
Lou Brown Coach: So you do have the option of becoming a VIP and that's certainly something Dennis can take care of.
Lou Brown Coach: there's several things that went with the VIP package, including the full recording of this session, as well as the Sunday night session, as well as some other goodies that we have for you so.
Lou Brown Coach: just talk with Dennis about becoming a VIP and you will get a copy.
Lou Brown Coach: All right now let's This is something.
Lou Brown Coach: of a properly shared my screen now can you guys see okay now to resume our learning experience there's one other thing that I want to cover before we get into trust, and that is taxes and taxes is a very big deal how many of you on here are paying taxes are you paying any taxes annually.
Lou Brown Coach: And so you anyone who's paying taxes is going to want to really pay attention to what I am sharing right now, because this is a game changer and it is a big distinction about what we do and how we do it.
Lou Brown Coach: Now, first of all, I want you to understand that the irs tax code has many things in there it's 82,000 pages or 88,000 I don't know it's a bunch of pages of of information.
Lou Brown Coach: And what I want you to be aware of is those different pages have different things on there so CAP so let's let's go over the program and then let me give you the tax benefits of what we do and how we do it so.
Lou Brown Coach: Once dancing right now.
Lou Brown Coach: So we got the rent now.
Lou Brown Coach: We got rent to own or finance cash sale and VIP which is house on layaway so basically there's five programs now.
Lou Brown Coach: With those five programs there's different things that you're going to collect from the people that are moving in.
Lou Brown Coach: So at the rent level you're going to collect about 1% of the value of the property as a move in fee.
Lou Brown Coach: as very important that you understand that this is a distinction and a difference between landlords So what do landlords get when a customer moves in they get the first month's rent.
Lou Brown Coach: and security deposit well the security deposit cannot be spent on anything except to hold the money for the eventual move out of the client and when they can get their money back.
Lou Brown Coach: Well that's not too much fun and you can't invest in your business and you can't grow your business and you can't buy all those toys, we talked about this morning.
Lou Brown Coach: And all of those fun things that we're in this business for, in addition to having a cash flow for retirement and cash flow, for your life living and expenses there.
Lou Brown Coach: So you think about what can I get what can I do differently, that will give me something different.
Lou Brown Coach: Well, when our clients come in, we are of course they're joining the path home ownership and they pay a 1% move in fee.
Lou Brown Coach: Now fee is something that can be spent, and you can invest in your business and, by the way, those of you who already own properties, you can convert your existing customers to.
Lou Brown Coach: The path to home ownership and convert it with their approval convert the security deposit into a move in fee, and you can choose to credit that towards their purchase of the home if you choose to.
Lou Brown Coach: So that's one thing I want you to be how many of you love move in fee is that a brilliant idea as a whole as a game changer for my landlords on here baby.
Lou Brown Coach: you're going to be looking at things from a different point of view, now the next thing is non refundable option consideration non refundable option consideration.
Lou Brown Coach: In rock is what we call it now non refundable option consideration we're getting about 3.7% of the value of the property from your new customer and what are they getting they are purchasing an option to purchase the property so that option has certain.
Lou Brown Coach: benefits to it, one is that you're giving them a price of the home now what we do is give them that price for the next 12 months so earlier in this training you learned about marking up.
Lou Brown Coach: And you mark up 10 to 20% above cash market when you mark it up from the level that you're at when you mark that up you just got a big benefit right there now.
Lou Brown Coach: That also gives you the ability to hold that price now for a year, and when you do that, you now have the distinction of having additional benefits in there.
Lou Brown Coach: Now, one thing I wanted to say about the 3.7% is we give credit of that towards their down payment when they purchase the home.
Lou Brown Coach: So that's a distinction, I also want you to be aware of when they purchase the home, we get that non refundable obviously they we give them.
Lou Brown Coach: and convert that non refundable option consideration as a credit towards the purchase of a home.
Lou Brown Coach: So they've got a benefit to give you that money now because they have secured their pricing, now the price stays the same for one year.
Lou Brown Coach: And then it begins to increase a half percent per calendar month until they exercise their option to purchase the property.
Lou Brown Coach: So we give them up to 36 months, not at a fixed price we only give them 12 months at a fixed price, but after 12 months that price begins to appreciate, so they have an incentive.
Lou Brown Coach: To move forward in the deal if they move past that 36 months you could even offer them a modification which means you get to reset the price, now we even have paperwork that list allows you to reset the price annually, but the idea is that.
Lou Brown Coach: You have a a product, you have a offer that you're making to those folks and they have an opportunity to take advantage of that.
Lou Brown Coach: Now for some of my clients that has been a very brilliant move on their part that three years ago they secured their price on the House and now they're exercising their option to buy.
Lou Brown Coach: Well, the prices they're exercising their option to buy it is quite different than today's market, so they are benefiting greatly.
Lou Brown Coach: Am I upset about that not at all because that's exactly what I agreed to and i'm not upset that they're taking advantage of it, my goodness that's exactly what I was selling it to them for to take advantage of.
Lou Brown Coach: So, so are our people are winning big now what does that mean that means I get a fantastic testimonial from them.
Lou Brown Coach: And in fact that's what i'm going to encourage all of you to do is get a testimonial from people when they're moving in and joining your Program.
Lou Brown Coach: As well as well during the program as well as when they move up in the program as well as when they obtained home ownership continue through the process to always get the testimonial from the folks now owner financing.
Lou Brown Coach: We get 10% down for 480 months so that's 40 year financing that we offer to our clients, that means that at that point they have put 10% in.
Lou Brown Coach: Now, if they were at the rent to own level they're going to take their whatever amount that they gave us as an option fee.
Lou Brown Coach: they're going to now get that as a credit plus any work that they did that we approved of and we approved the amount then they're going to get credit of that.
Lou Brown Coach: And another thing they get in our auction program is they get a credit of $100 every month that they pay on time so hundred dollars a month all every month that they pay on time and take care of minor maintenance on the property they get credit for that.
Lou Brown Coach: When they move up to owner financing they're paying you an additional sum of money, whatever that is to get up to that 10% level so 10% at 480 months.
Lou Brown Coach: Now cash sale simply means they have enough down payment and a good enough credit in order to buy that property and your profit in that.
Lou Brown Coach: Is the sale of the property less any cost to sell that you have but that's part of the magic of our program is a very little very little cost to sell like it traditionally is.
Lou Brown Coach: In the sale of a property only because we've already got a customer in there and they have already agreed that they would pay the closing costs on the property.
Lou Brown Coach: And then the VIP is the next level, and that is house on layaway so that's the layaway of the home, that means they didn't qualify in any of those other programs.
Lou Brown Coach: And now, they want to still participate in the program well that's not a problem they can give you what they've got and then every month, they can give you more.
Lou Brown Coach: or even every pay period they can give you more and build up to this rent to own level, so this rent to own level is kind of what we're doing when when somebody comes in at VIP.
Lou Brown Coach: that's how song layaway, by the way the VIP money is refundable, so all this other money that's non refundable, but at the VIP level we make that money refundable why because we haven't put them into a home yet.
Lou Brown Coach: But as soon as we put them into a home that money converts to non refundable in the rent to own plan so, in other words we move our VIP people up to rent to own.
Lou Brown Coach: we're not going to help somebody save up their rent, but we will help somebody save up and work with them for the rent to own level okay.
Lou Brown Coach: So what did you just get you got money in your pocket.
Lou Brown Coach: Unlike a traditional landlord that only gets their first month's rent, no, no, we get far more than that, and we get customers that are quite excited and happy to join our program now.
Lou Brown Coach: When you turn your House monster on about 60% of the leads that you get are going to qualify at the rent level.
Lou Brown Coach: About 20% of your leads are going to qualify at the rent to own level, that means they have enough money down so, for example, if we're talking about a $200,000 home then they've got to have about 70 $400 for a a.
Lou Brown Coach: $200,000 home all right 10% down is $200,000 home they've got to have at least $20,000 to put down so about 10% of your House monster leads are going to have that kind of money to put down meaning 10% of the value of the property.
Lou Brown Coach: And about 10% of your leads are actually going to have good enough credit and good enough down payment to move forward and actually buy the home.
Lou Brown Coach: Now i'll give you an example, we have one right now that saw one of our properties and she said blue sheets and janice she was talking to my wife and she said.
Lou Brown Coach: I have put so many contracts in, and I have lost so many deals because I get outbid.
Lou Brown Coach: So she said, I really like your program but I actually have good enough credit good enough down payment to buy the property.
Lou Brown Coach: We said full fine move in at our rent to own level, that means you're going to give us that 3.7% that you would have given the bank you're going to give that to us.
Lou Brown Coach: And we're going to give you the option to purchase the property.
Lou Brown Coach: So if it takes one month two months, three months, four months, five months, however long it takes for you to get your loan from the bank.
Lou Brown Coach: guess what you're already in the home and you're already enjoying the home and you're already building up your future using our program How does that sound.
Lou Brown Coach: Well, that sounded perfect to her she's already moved into the property we've already gotten her down payment money, in fact, it was.
Lou Brown Coach: $10,400 that we got from her on this particular property because we sold it it think to 79 nine.
Lou Brown Coach: So she gave us 10,400 when she moved in a couple of months ago So where are we were also getting a cash flow off that property of I think 1700 dollars a month.
Lou Brown Coach: And, and so, if it takes a while to get the loan done because it usually takes a while now think about in Contrast that with the retail typical sale of a property.
Lou Brown Coach: you're going to sell at retail well you're the one carrying the cook the costs on that property taxes insurance.
Lou Brown Coach: interest on the loan all that stuff that's your obligation and you have to continue to make those payments until they finally do close well I like the better idea go ahead and move them in.
Lou Brown Coach: And heck of it takes in three years to come, that's okay with us we're going to be regular the cash flow off of it during that time, how many of you like that plan yeah that sounds like a plan baby awesome awesome now.
Lou Brown Coach: And then, of course, if they if they do have good enough money good enough downpayment i'm still going to push them to go rent to own until.
Lou Brown Coach: They can get closed with the Bank, I don't want to tie up the property and then have some things fall through later I say Okay, you can have it, and you can have it at this special price.
Lou Brown Coach: If that makes sense to you so sure enough that's exactly how the program works now.
Lou Brown Coach: About like I said you're going to have some people contact you from your House monster leads they're going to contact you and they're not going to have enough money to.
Lou Brown Coach: move into your program right now, but they can join the program as a Member and they can join the VIP program So yes, we have a forum for that.
Lou Brown Coach: And it shows them that their money is refundable now let's get to the tax side of things, and the tax benefits are.
Lou Brown Coach: Huge and get ready for this, this is going to be a game changer for a lot of you in fact you're going to look at this and be shocked at.
Lou Brown Coach: What at the fact that you've been paying taxes and you didn't have to so take a look at this that.
Lou Brown Coach: When at the rent and rent own So you see the black line there, that is to separate the upper part the rent rent own us to separate that from.
Lou Brown Coach: The other options that you have to offer on your program so rent and rent to own what does that mean that means you can depreciate the property.
Lou Brown Coach: Now, when you talk to an accountant about that they typically do what's called a straight line method, which means that they take the.
Lou Brown Coach: Price that you purchase the property, for they take an amount off for land and the rest of it, they write off over 27 and a half years so straight line means you get the same amount every year for 27 and a half years.
Lou Brown Coach: But there's another option there's another opportunity, and that is called component ties depreciation, that means that.
Lou Brown Coach: A house is made up of component parts, the carpeting the flooring the countertops the sinks, the faucets the ceiling fans the curbs the gutters the roof.
Lou Brown Coach: All of those things are components that make up a House so cool is that the irs says well those things depreciate and.
Lou Brown Coach: are worthless a lot faster than the entire House, so what that means is, we can call out all those things that the irs says are.
Lou Brown Coach: things that we can depreciate much faster, and we appreciate them much faster so over five seven and 15 years you can depreciate a large part of that house.
Lou Brown Coach: So, in other words, accelerated depreciation now when you accelerate your depreciation, that means you have more that you can use to write off your ordinary income, so if you're getting w two income.
Lou Brown Coach: income that is fully taxable as ordinary income ordinary income is the highest taxed money that you'll receive.
Lou Brown Coach: So what we've got is an offset to that using this method component ties appreciation.
Lou Brown Coach: Now the next thing is when you do have people take you up on the owner financing then you're doing something called an installment sale.
Lou Brown Coach: Now, an installment sale is a pretty cool thing, because what the irs says is well you owe us capital gains so let's say that you bought it for 200,000 and you sold it for 270 5000 well that's got a spread in.
Lou Brown Coach: That spread is a great opportunity to make money but it's also a great opportunity for the irs to charge you a lot, because you just made a huge capital gain on the property well.
Lou Brown Coach: What the code allows you to do is what's called an installment sale, so when you sell that property over time, you can write it off what over time, meaning the.
Lou Brown Coach: gain that you're receiving on that property is spread out over the next 40 years so that game now doesn't show up like a big number, if you are a wholesaler.
Lou Brown Coach: you're just doing ordinary real estate business and you're receiving ordinary income.
Lou Brown Coach: But if you're an investor that's a whole other game baby all other game, and so what happens is now that right off can be spread out over so many years.
Lou Brown Coach: And that opportunity then is available at the owner finance level, which means let's say that you have in this upper section, you have write offs and now we've got income well the irs says yes, you can take from this column and put over this column and.
Lou Brown Coach: Put yourself in a position to zero out your tax and along the way you're going to have some cash sales as well, so when that property sells boom, you have the opportunity that's a big sum of money that's coming in to you.
Lou Brown Coach: And that sum of money that comes in, if you've got enough in your rental and your rent to own portfolio and depreciation losses and especially if its component as depreciation.
Lou Brown Coach: And you can use that to offset those cash sale incomes and put you in a position to zero out your taxes, how many of you like zero taxes as a plan is that a beautiful thing Veronica even laughed out loud she smiles she's great she's.
Lou Brown Coach: Like that zero tax program I do too, and you know if if you look at the history.
Lou Brown Coach: Of what's happened over the years of what we do and how we do it amazing opportunities present themselves ongoing so.
Lou Brown Coach: Now you can see that ordinary income that is what it's designed to do and it's to give you that that.
Lou Brown Coach: extraordinary opportunity to do exactly how we do our program So if you take a look at how the system is designed.
Lou Brown Coach: And you say okay well we've got these different levels of our program if you thought about it being an imaginary line let's say there's an imaginary line.
Lou Brown Coach: Between silver and gold, or even a dotted line between silver and gold to your left that's your bucket of depreciation that's your bucket of depreciation.
Lou Brown Coach: to your right is going to start your ordinary income world where you're going to be receiving those monthly payments like at the groomer for deed level, for example, you will be receiving.
Lou Brown Coach: Those interest payments to you for your client that's living in the home you're going to receive those interest payments, some of those interest payments are going to be attributable to capital gains.
Lou Brown Coach: So we want to do is definitely keep that capital gains away from your world and have something else going on now and, of course, when you sell at the.
Lou Brown Coach: platinum level that does resent capital gains as well well this money, right here can be offset by this depreciation losses here on the left hand side of the equation.
Lou Brown Coach: So how many of you love this plan, so you.
Lou Brown Coach: So you're actually now getting yourself in a position to literally zero out your taxes and that's what it's designed to do is put you in a position to use the tax code to your benefit.
Lou Brown Coach: All of this stuff exists in the tax code now baby it's time for you to take advantage of it all right, are there any questions about that.
Lou Brown Coach: US and so Oscar asks hey Oscar so the VIP has joined a membership and maybe renting and not renting.
Lou Brown Coach: Not renting a home that they yeah they can join the membership, and not even be in one of your homes absolutely they join the membership they join the VIP they're still living in their apartment or their mother's basement or whatever.
Lou Brown Coach: And they're building up their down payment with you and many people understand that if the money's in their pockets somehow it just disappears.
Lou Brown Coach: But if you become the bank for them and you're saving up that money, helping them to save up that money.
Lou Brown Coach: For their option fee, then you have been a benefactor of them it's sort of like putting money into a Christmas savings account or something like that this is their house savings account and because of your program you're actually offering the opportunity to take you up on that.
Lou Brown Coach: So Kevin says they are not in a House yet.
Lou Brown Coach: Okay, and but all the appreciation is year by year, not carried over rob not at all in fact the irs rob allows you to carry forward for 15 years, so if you have losses one year you can't use them that you're not a problem.
Lou Brown Coach: Maybe you can use them next year or the year after if you think about our program isn't that exactly how it works.
Lou Brown Coach: Is that people move up move up move up the path to home ownership until they finally buy a house, will you use your loss carry forward from earlier years to offset the sale in a later year so absolutely rob that's a great question.
Lou Brown Coach: Patrick says, which level gets you the rental monthly cash flow payments well it's the it's the rent and the rent to own Patrick That gives you the monthly rental income.
Lou Brown Coach: And that rental income of course now what we do at the rent to own level is we give people $100 credit.
Lou Brown Coach: Not money a credit, not against their rent a credit against the future every month that they pay on time and take good care of the property they earn a $100 credit towards the purchase of the home.
Lou Brown Coach: Oscar says got it thanks and rob says wow that's great awesome is there any others, that I miss Kevin.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: No.
Lou Brown Coach: Okay awesome you guys are amazing so we're getting some great feedback from everyone.
Lou Brown Coach: And I just wanted, as I close out the presentation on the House monster and the opportunity for the House monster.
Lou Brown Coach: This is an amazing opportunity for you to get a $500 discount as well, so don't forget.
Lou Brown Coach: The opportunity to cut your expenses and be able to purchase a license to use this at only 997 what a bargain, how many of you agree that that's a bargain, is that a bargain 997 for the entire House monster program, it is a.
Lou Brown Coach: freaking bargain, and so I encourage you to take advantage of it and get you know really get yourself in a position to win at this game all right now the next.
Lou Brown Coach: And i'm seeing Dennis trying to communicate with me okay so Dennis is definitely talking to some folks and helping some folks to get their house monster so definitely I could give Dennis the opportunity.
Lou Brown Coach: To get you taken care how many of you do need to hear this again how many of you need to hear what i've just shared with you already today how many of you need to hear this again, let me see your hands.
Lou Brown Coach: Okay yeah baby well that's exactly the reason that we offered us to be out the opportunity to give you a chance to be able to go back and recoup and renew your understanding around this thing alright.
Lou Brown Coach: So now you've seen what we do and how we do it in our world, the next thing I want to share with you is uh.
Lou Brown Coach: let's see do we.
Lou Brown Coach: yep OK, the next thing i'm going to share with you is a lovely lady Bruce do you have that recording for gene.
Lou Brown Coach: Gene was not able to join us today but she's got an amazing lesson that she can teach you about how she applied this at a very high end, in fact, the House that you're looking at right there is a million dollar home.
Lou Brown Coach: And Jane has done some great things with our program down in the fort lauderdale Florida area.
Lou Brown Coach: So I want you to really get the distinction of it does work in all markets, it does work on all types of properties, it does work in all price ranges and there are customers for these type of properties as well.
Bruce Beasley - Co-Founder: yeah I just had to cue it up.
Okay.
Lou Brown Coach: You ready.
Lou Brown Coach: Here we go good stuff.
Earlier I was talking about, causing your business that you can cause your business, you are not at effect you're at cause of your business, and right now we've got the opportunity to do that.
Now there's someone that i'd like to highlight, who also joined the street smart system, not so long ago last year and Jean town, are you there.
yeah baby, let me hear a baby yeah.
awesome what else to see where where's gene found okay okay.
we're finding you in amongst all the hundreds.
In here, are you are there you are awesome I could see you so a gene tell them who you are and where you're from and how we got connected and all that good stuff yeah i'm gene town from Fort lauderdale Florida.
And I have known lose since 2005 I took one of his seminars and along with nine of the other gurus that you were showing today, I was counting them as you were putting them up.
And there was nine of them that I did i've always thought Lou was the best which I now believe he's even more the best.
Because now i'm back with them again i'm not going anywhere now baby so yeah so you know I jumped in this time with this.
path of homeownership the affordable housing provider street smarts system and it's it's awesome it's just what I needed, because I too have been a rehabber for.
A lot of years since 2004 and buying fixing and selling houses and I do enjoy doing that and i'm really good at it.
But I had put away no reserves and i'm ready to retire so now they don't have that residual income that I need and.
i'm getting started a little late but i'm getting there i'm definitely house monster, is the way to go to get started, and then, of course I joined Cynthia with fast track coaching.
And she's just rent me right up there, so um i've got a signing ceremony on Monday, where buyers coming in with a $20,000 check, yes, given me a promissory note for 4500 for the balance of the 10%.
With the work for equity program and he is a he's a home remodel he's in the home remodeling business.
But he's got all these plans, he wants to do with the House and i'm like how about it look at a 4500 credit for the work that needs to be done.
And we can put that forward your down payment and he's really happy with that so i'll be cash flowing out about $1,000 a month and.
i've got very little money into that deal, I actually the House when I bought that property.
The people who owned it had it they owned it free and clear and I gave him some cash and then I.
had them, I meant to them how would $1,000 a month or for you guys for the next 60 years and the wife was thrilled with that.
wanted that income, I said so i'm going to owe you $60,000 after I give you this amount of cash, so you can get a new start so i'll give you a $60,000 in $1,000 payments human the next six years 16 years 16 months 1616 months i'm sorry must.
inches per second so anyway again everybody was on board, so let me see if I got this right, so you sent to the seller.
And let's get to the purchase price and then kind of back into it so right, what did the you made the presentation to the seller right yeah so we use a cost to sell worksheet and.
And I you know came out to $120,000 is what I could give them, and so I gave them 60,000, which is what they needed to go move to a different part of Florida and get a new start.
that's what they needed so they wanted, and I said what if I pay you the balance of that in thousand dollar payment starting 15th of next month.
And you know for 60 months and they left was just thrilled to death, with that because they needed that money to pay their living expenses, so it really worked for them.
really worked for me so i'm getting about 20 $470 a month from this buyer and I pay them 1000 a month, so taxes and insurance and their payment i'm going to cash flow about 1000 a month out of this property yes and there's about 100,000 equity in it.
Okay, so what have you sold it to your new buyer for 240 5000 to 45 and you bought it at what 121 20 alright, so we got a spread their don't like.
Spread spread and it's a good one, so 120 $5,000 spread we've got a new buyer coming in this buyer has agreed to do.
That all the repairs right you're doing the repairs i'm not doing anything to this House.
And all the repairs Oh yes, yes, so there's new buyer gets to pick out their own paint their own flooring their do their own thing.
And they asked you for a 40 $500 credit right right.
yeah and you granted them a 40 $500 credit in the form of a promissory note, which is the street smart way so that means that they are obligated to do those repairs if they don't do those repairs, they still owe the promissory note.
And that's a beautiful thing, so now that that gets them where they need to be, which is the House fixed up.
they've contracted with you to do those repairs right, yes, that is what we do with our equity is they have client contracts to do those repairs and the only way that they can offset.
Those repair or that promissory note is with those repair and once you make those repairs, then that promissory note.
The note yeah that's it that's a little scope of work, which is minimal minimal stuff that they have to do really.
So there's a scope of work with the contractors repair after David and then the promissory note and yeah we got the signing ceremony on Monday and they're thrilled in.
he's from Brazil and he said he has a lot of friends who need the same type of help for houses so planning on ramping up my buyers getting up pipeline filled up which I also have a few buyers now who have I got one who join the membership finally so i've got some help.
us to look for for some of the buyers that are in there now so i'm getting they go and look good Nicole.
mentioned one of our clients actually lives there in Fort lauderdale is from Brazil i'd like to connect you with him as well he's a radio Star and.
And I think he can also help with that whole whole Brazilian community which there's a big one down there, there is there really is more than I thought.
Yes, that's fantastic, and they have cash, they have the money they have cash they do, but they they can't qualify for a loan yet, but we'll work on that you know that.
That is perfect, what a great story so since you rejoin me January last year yeah you've done some pretty remarkable deal since then.
How many deals have you done in this site, you know i've done about six total, I guess, not a ton of them, but i'm the last one I just closed on not too long ago we did that, with an agreement.
With the subject to my only 35,000 up because that's what they needed to move on to what they were going to do, and then we took over their existing mortgage with with subject to.
property and we pay that off recently when we resold the property and made about 90,000 equity on that.
profit and they weren't they were thrilled to death, I just sent them the satisfaction the mortgage and they were just ecstatic.
They were just thrilled so now that's the one Lou where I gave them the book he.
doing good while doing wealth book and she read it from cover to cover and she said yes, we want to be in this program, and that is what clinch that deal is the book for sure.
So that is a wonderful wonderful tool to have I presented to everyone, where i'm going to be buying a house they get a copy of that book sure oh wow.
Great story that's a great story there a $90,000 game yep that one and and I taught you about another thing the elite trust, so you are able to yes differ for lifetimes.
Any taxes on that money too right yeah we actually sold a property to the elite trust just prior to closing so that the money did go into the elite trust.
The proceeds went into the elite trust yes it's a beautiful thing as a beautiful thing oh capital gains and all that good stuff well you.
are a deal machine, I will say that I love the deals that you do and I love the fact that I got you out of rent renovating properties well now i'm still doing a little bit of that I got one that we're finishing up now i'm going to be listening at 940 9000.
For for 75 and i'm putting about 150 into it, but if I can get that price and i'm pretty sure I can because that's what they're selling for that area.
And this is going to be a gorgeous home when we're done we did we did a very extensive renovation on that.
i'll be profiting about 300,000 on that deal, so I don't want to let go of some of those kind of deals, you know I still want to get my residual income pipeline going.
But I do like doing rehabs and, if I can find something with a big hump is spread in there and i'm going to do a rehab here and there still because I enjoy it that's a that's a chunk for sure yeah.
yeah so.
That, too, and you know that I love renovations as well, and we have the opportunity to force equity force appreciation on a property than it.
And in certain markets, it makes sense to do exactly that so yeah and i've got people banging on the door one by it already, and you know the neighbors are thrilled to death because it was definitely a diamond in the rough.
It had bars on the windows and everything and it's like 12 blocks from the beach, I mean it's it's a million dollar neighborhood.
If I had a pool and a two car garage just only has one car garage I could get over a million forgot property, but I know i'll sell it quickly at 949.
that's the red hot market in that neighborhood in that price range right now it's crazy how fast and selling so um you know.
finishing it up next week and then it's going on the market and i'm the realtor so oh i'll make that to you know oh that that's a beautiful thing, congratulations on that one for sure.
And i've got a couple of mobile homes which i've never done mobile I could have done mobiles before where you own the land.
But I have one now where I own the land by I got it for 12,000 and i'm going to do an owner financing deal with that one as well and sell it for 45,000.
and hold a note, you know 9.75% so you know it's more cash flow and it's very little investment to get into that property.
I got it I got a couple more than i'm finishing getting ready to put out there on the House monster and do the street smart way to sell those two properties as well, generate more more residual.
Jim Poyle: yeah That was the goal right we're creating that dependable double monthly income retirement machine and yeah yeah that's the goal of safety, which is, I want to be a Helen holder baby yes.
it's a good thing and and even if the if the right cash buyer doesn't show up on that Nice big house, you can do that on that one too.
Jim Poyle: Yes, I can yeah yeah yeah we've got a seven bedroom how many bathrooms for bathroom seven bedroom four bathroom house that we did that with and oh my gosh I got phases weekly he doesn't even pay a SMILEY faces weekly.
Jim Poyle: But he's you know playing the game full out so it's it's fun signs out in the yard, because you know I can generate more leads from those signs of back.
Jim Poyle: that's how i'm getting a lot of these buyer leads to is we got still signs plastered in yard, even though.
Jim Poyle: We got signs out there because it's a great way to get calls and they go they go to the website and then they call me or they fill out the questionnaire and.
Jim Poyle: You know it's just i'm building a pretty good buyers list, right now, so i'm really looking forward to getting there we're getting the machine rolling you know.
Jim Poyle: look forward to getting their morale and yeah you already a role in baby yeah we're doing some great things with you and thank you for the the commitment that you made you know your your titanium level and.
Jim Poyle: making things happen world and congratulations.
Jim Poyle: And thank you it's because of you Daddy.
very, very honored and very thankful that you're part of us for sure, and thank you for the inspiration that you given for everybody today and.
Definitely, being a part of our mentorship program has has helped to thank you, thank you Cynthia she's awesome that's it that's it for sure.
Alright well thanks again and now guys just know that this is your opportunity to go ahead and take advantage of the House monster now get the $500 off.
yeah Jane has proven to you that it has absolutely work that's a deal that's a big deal right here, I jump on that.
20,000 35,000 that kind of thing Jane just final words what would you say to someone that's considering this.
Maybe as their career, or like they had a certain understanding of real estate and now they're looking at things from a different point of view.
yeah it's definitely a paradigm shift but it's well worth making that shift took me a little while because I doing this for a while and I was.
like an old dog trying to teach new tricks to but definitely stick with the system do it the way Lou teaches you to do it, step by step, and you'll be super successful there's no two ways about it it's a proven.
system that's worked for many, many people and it's working for me and I can't wait to to really get it cranked up and get it rolling.
Because you know, once you do one like he says rinse and repeat, so you know I got these deals, now that i'm closing on and.
i'll have bought them with agreement for dealing with subject to and selling them with an agreement for deed.
And I just want to rinse and repeat that same model over and over over again, so the system is great, I would say, get the House monster if you haven't already got it.
And if you're, including the millionaire jumpstart with that, I mean you can't beat that deal it's great I go to that workshop.
That mean to you know the billionaire jumpstart and he'll go over the whole overview, the whole business and he teaches you so much you walk away with your head spin and you got a lot of stuff in there.
But that's where the coaching comes in, after that you know, but the fast track it get started get Cynthia helping you with deals and 40 you know you'll be rinsing and repeating too.
So that's what I would suggest, and I would definitely encourage people to use the system, the way it's designed to be used that that would be the best advice I could give anybody.
that's great wow gene well thanks again, I appreciate it a million times and just looking forward to continuing to watch your great success as it progresses Thank you Lou Thank you so much again a big hand.
Oh, by the way she took her big huge suburban and wrap that baby now everybody everybody knows who gene is.
What genes in the neighborhood man its path to homeownership all the way and we buy houses and the whole bit picture and show it maybe on that picture and show it during the yeah.
I love to show that yeah i'm all in baby all in that's a great place to be thanks again, thank you.
Lou Brown Coach: that's a smart place to be to in it as a smart place to be is all in i've said that a few times, did they get on board and stay on board and.
Lou Brown Coach: gene is such an inspiration, how many of you are inspired by what gene shared was that very good information really something that makes a difference in your world.
Lou Brown Coach: I hope so, because you know you look at yourself, and of course this is what you need to do, you need to look at yourself, you need to look at your life.
Lou Brown Coach: And I want to know how many of you can actually see yourself doing exactly what i've been teaching today can you see yourself actually doing this right.
Lou Brown Coach: awesome awesome yes raise your hands tell me in the chat box yeah baby tell me what's going on in your world because I love to hear what you're thinking.
Lou Brown Coach: And what you're seeing so that we can help you to better understand what to do, but I loved what you said about the vehicle and the the rap and everything else that she's doing.
Lou Brown Coach: She really just highlighted a bunch of things that really happens in the street smart world I told you earlier about the book and I said.
Lou Brown Coach: You know, when you have the opportunity to use this book you've got a powerful thing well she shared with you that it actually is true that that's what she does.
Lou Brown Coach: And that's what she did she said, the book clench that one particular deal she told you about now take a look at her suburban baby she is not messing around is she look at look at this thing powerful.
Lou Brown Coach: she's got her path to home ownership certified affordable housing variety, you know, think about project your future you don't have to do this, but it's an opportunity.
Lou Brown Coach: it's another way to get your message to the market it's another way imagine that you pull up in a seller's driveway with something like that, do you think, do you think your seller would be impressed, would you be impressed if somebody pulled up.
Lou Brown Coach: That doesn't look fly by night does it that looks like somebody who's totally and completely committed to their business.
Lou Brown Coach: And someone, you should trust to allow them to take over your existing financing see, this is a not playing look i'm not playing i'm not messing around.
Lou Brown Coach: Do you have less than perfect credit we sell houses with owner financing see, there is the opportunity for you to see that there's a message that you can provide to the market so every one of you.
Lou Brown Coach: Just project yourself ahead and think about how life looks when you've got something fantastic like that going on in your world alright.
Lou Brown Coach: Well, that is where we go to get the benjamins baby and so blessed to have been exposed to this business, I wanted to share something quickly with you that just last week, I was honored with this award In fact I got two awards, this is the the hero award.
Lou Brown Coach: And the hero award heart centered entrepreneurs enriching others, this was presented at the heroes summit.
Lou Brown Coach: In amelia island what two weekends ago and just just really honored by all of those folks that gave me that great award and I was.
Lou Brown Coach: Also honored as a legend in the real estate industry, and I was honored to be on the stage there with Mr TIM my, who headed up the hero summit.
Lou Brown Coach: But as far as legends go Mr Ted Thomas so some of your on here as a result of Ted reaching out to you and inviting you to be here today, so Ted was one of the Heroes there at the summit, having given great.
Lou Brown Coach: items to the industry and great gifts to the industry and just this is what they said to us, you know because of all the contributions.
Lou Brown Coach: That we've made to the industry that's the reason we were honored some of you may recognize Mr RON Legrand that i'm standing next to.
Lou Brown Coach: And of course RON has been in the industry, almost as long as me, and so we got started when I was leading the.
Lou Brown Coach: Georgia group and he was leading the jacksonville group and we came together as leaders of groups to learn from one another about how to run groups.
Lou Brown Coach: And we became very long term friends for decades now, ever since that time and, of course, he was with me when I created national Rhea and all that sort of thing.
Lou Brown Coach: Now standing to my right there is Mr Bob Allen Robert Allen nothing down was one of the first books, I read in real estate and Bob Allen is.
Lou Brown Coach: is being honored as well as a gentleman named Mr Larry Pino some of you know, a company that used to exist called dinah tech.
Lou Brown Coach: And they were out there, teaching people real estate and stocks and options and all kinds of different things he's an attorney as well, so we were the five people that were honored as legends in the industry, so I was very honored to do that and as part of that conference, of course.
Lou Brown Coach: Also, we had the opportunity to participate with Mr Frank mckinney's project, and this is called the caring house project and there at the summit, we were able to raise 303,000 $303 from all the guru's and.
Lou Brown Coach: leaders in the room, it was quite wonderful, we were able to, on behalf of our team and street smart and trust properties, we were able to buy 10 houses in Haiti.
Lou Brown Coach: For a village that's being built there in fact there's two villages, we have five houses in one village and 10 houses in another village.
Lou Brown Coach: And these villages are 50 houses each so it's going to be 100 houses in between is going to be a Community Center.
Lou Brown Coach: And a church and a water cleaning facility, so the these folks are going to live quite differently than they have in the past, because they've been in mud.
Lou Brown Coach: huts with if you can imagine that roofs and the water dripping through and having a mud floor to live on and sleep on going into.
Lou Brown Coach: A concrete structure that sleeps eight that has a private bathroom and a metal roof quite a different experience for a lot of these folks, so we are blessed that we could be part of that blessed that we could.
Lou Brown Coach: gift a $50,000 towards that, and I want you to know that you can make a big difference out there in the world, so first I gotta.
Lou Brown Coach: tell you do what I said this morning is help you get taken care of and get your ego taken care of get the things that you want.
Lou Brown Coach: Out of this business taken care of once you get yourself taken care of man.
Lou Brown Coach: it's all downhill from there, it is so much fun when you can make a difference in other people's lives it's so much fun when.
Lou Brown Coach: You can pay it forward gift it forward and just know that you're making a difference, so you guys, I just want you to know that you have an amazing future ahead of you, when you really adopt and do what we're teaching you to do.
Lou Brown Coach: it's because of the generosity of so many of you that i've been able to continue to teach and give and share.
Lou Brown Coach: What has worked for us and how it's worked for us and I love this opportunity at these wealth builder workshops to pay it forward and really encourage you about what your future can look like.
Lou Brown Coach: And i'm honored by so many people like Kevin and Cynthia Shriver that say you know Lou we're so glad that we bought the House monster 11 years ago and really have the opportunity to look at life from a different point of view, so thank you all.
Lou Brown Coach: Dr Emily says looks great that's great Lou way to give back God bless you looks awesome Camille says area honest Thank you to be the thanks you, yes, Patrick moneybags.
Lou Brown Coach: Good stuff alright.
Lou Brown Coach: Well, thank you wanted to share that with you and then get into another subject that really I want you to definitely pay attention learn from take a lot of notes right now.
Lou Brown Coach: we're going into a new phase of conversation so we've covered.
Lou Brown Coach: Finding the buyer before you buy and then, when you get that buyer what you do with them you put them into the membership and then.
Lou Brown Coach: You go about finding a property for them, and yes we're going to teach you about finding those properties at millionaire jumpstart that's the three day training that comes with your House monster.
Lou Brown Coach: So the next thing I want to talk to you about is protecting all that you create protecting all that you create using trusts.
Lou Brown Coach: Now I shared with you in the House monster, how you can build an amazing portfolio and this portfolio can actually put you in a position to zero out your taxes now this.
Lou Brown Coach: is to actually look at building a state and then having an estate that not only protects you and your family but also allows you to pass your assets your family without them having to go through probate what a powerful thing that can do.
Lou Brown Coach: But another thing you got to think about is that you're out in the world and you've got assets and that someone could actually take those assets from you, through the use of the legal system and the system.
Lou Brown Coach: is flawed i'm just going to tell you upfront the our legal system United States of America is not perfect.
Lou Brown Coach: And it is a flawed system, so what we have to do is protect ourselves in advance, we have to use our ability to know what to do and how to do it to get yourself in a great opportunity, so.
Lou Brown Coach: Can this happen to me, could I be for throw away millions well let's take a look at some headlines that might give you some insight into that like car crash victim settles for $1.1 million and.
Lou Brown Coach: $2 million paint job $4 million liability award largest in County history.
Lou Brown Coach: dog cyclist suit pays $1.8 million $9 million awarded breach of contract imagine that you had gone into contract with somebody and I get a $9 million award $4 million awarded in water slide miss that $4.3 million in damages given to criminal kind of.
Lou Brown Coach: Burying jury awards 3.1 million in crash suit so you start to look around, and I think you'll probably remember this one, a $2 million paint job.
Lou Brown Coach: Imagine that was on your property or how about this one suit may replace mcdonald's hot coffee award as the most outrageous punitive damages in American history.
Lou Brown Coach: You remember that one local woman wins $2.9 million over burning hot coffee wow.
Lou Brown Coach: We know it can happen, you could be forced to throw away millions just because it has happened to others.
Lou Brown Coach: Now, think about yourself how can I be in business in this world in this United States of America and have this kind of risk well there is a way that we can create an opportunity for yourself and for your family.
Lou Brown Coach: go before I do let me recognize Mr James case.
Lou Brown Coach: James congratulations for becoming a house monster Member that's a brilliant move on your part.
Lou Brown Coach: Now the next thing is just taking a look at the risk that we all.
Lou Brown Coach: All have in being in business at all, but even if you just work for somebody else do you still have risk absolutely you can have a car accident.
Lou Brown Coach: You could have a challenge at a grocery store dry cleaner anything might happen, and all of a sudden, you could potentially lose everything and that's our biggest concern so as we go through this together today I want you to be thinking that that you do have some.
Lou Brown Coach: ron's would you put that.
Lou Brown Coach: Back in there just to advance my slides yes, yes, all right.
Lou Brown Coach: So, but that's not all we have to worry about some tried to profit by using the flock system, by the way, are you guys seeing my slides I might have forgotten to okay good good good grade.
Lou Brown Coach: So.
Lou Brown Coach: The flawed legal system let's take a look at what take advantage of it, one thing to say about Ms mccomb is she sue's people California core is now.
Lou Brown Coach: mulling whether to quiet her as a vexatious litigant and they go at that over the years, Ms mccomb a one time actress with a law degree, is that a dangerous combination, can you imagine one time actress where the lottery oh my God.
Lou Brown Coach: and healthy let her loose on the world has filed nearly 50 lawsuit against her neighbors tenants department stores and others for all manner of injury.
Lou Brown Coach: You see, once people learn the legal system they learn how easy it is to manipulate the system, so one of our biggest dangers, is of course anybody with it legal background or legal training, but there's so many other.
Lou Brown Coach: pages Americans that's the big risk that you have is so it's so easy to sue in the United States of America.
Lou Brown Coach: In America, people can pay just a couple of hundred dollars and boom they've got the access to the system that now can Sue anybody for any amount.
Lou Brown Coach: You think you can't happen to you, they did to do nothing and you'll join these business owners that were forced to throw away a million so what's our solution, the answer is we've got to.
Lou Brown Coach: Fear and the fear is the chance that you could lose everything, how could you lose everything because of those crazy lawsuits and the crazy system that we live on.
Lou Brown Coach: So how do we protect ourselves well i'm going to introduce your best buddy, and that is a thing called trusts don't chance the chance to lose everything kill your fear.
Lou Brown Coach: And the street smarts solution is one word to describe your success one word to describe your success is serve Bible, if you can survive.
Lou Brown Coach: This business long enough, I promise you you're going to win and you have heard so much evidence today.
Lou Brown Coach: Various people all the way up to the 13th largest owner of single family homes United States and 11,000 lot deals and land deals.
Lou Brown Coach: he's survived a lot over the 20 years since he joined me and think about survival over the years of all those folks that were shared with you today.
Lou Brown Coach: So, as we look forward to your business here not going to be any different than the rest of them, but we got to be in a position to survive long enough.
groovy baby.
Lou Brown Coach: groovy baby.
Lou Brown Coach: let's think about this, what about the learning the magic of trusts, how many like yeah idea of trust right well, you might not know yet just what those trust can do for you, but i'm about to teach you.
Lou Brown Coach: Good old Albert Einstein says intellectuals solve problems in geniuses prevent them so i'm going to teach you how to be a genius here number one.
Lou Brown Coach: privacy of ownership, now we included in your package, a thing called benefits of trust, how many of you got the package for today right and did you download the package to download the package Caroline all right.
Lou Brown Coach: Great alright everybody get the package so there's a form in there, and that is called benefits of trusts now you're going to want to take notes here because there's some really powerful notes that we can do together.
Lou Brown Coach: Everybody got it.
Lou Brown Coach: Let me see your hand if you got it all right okay good good great great awesome awesome okay.
Bruce Beasley - Co-Founder: It is page 10 of the package.
Lou Brown Coach: package page 10 of your package all right, thank you Bruce and so you think about okay privacy of ownership, what does that mean well.
Lou Brown Coach: let's let's talk about this thing called trust this amazing thing called trust now I.
Lou Brown Coach: Have the great benefit of having learned about these because the government forced me to learn about these.
Lou Brown Coach: And, in fact, let me just see if I can move this out of the way and stop share so the government forced me to have to learn about trusts.
Lou Brown Coach: And the reason the government forced me to learn about trust is because, remember that story, I was telling you earlier today, when I said that I was able to buy my first house, I was 18 years old.
Lou Brown Coach: And remember, I said that, back then, there was a thing called in he in queue long non escalating non qualified.
Lou Brown Coach: Well, in 1982 the government passed a law and it was called the guard St Germain federal depository institutions act of 1982.
Lou Brown Coach: And that was a banking act and in that banking act they gave the banks, the right to put the due upon sale clause in the mortgage how many of you have heard of the do upon sale clause, you know what i'm talking about right, so in that is in your mortgage now.
Lou Brown Coach: However, what happened was I actually read the law, and it was because I was so upset about them coming out with this law that I wouldn't be able to do any and Q loans anymore.
Lou Brown Coach: And as oh it read it, and it said in there if someone places their property in trust for estate planning purposes the lender is prohibited from calling the loan dude did you hear that.
Lou Brown Coach: prohibited from calling the loan do, how many of you like that plan.
Lou Brown Coach: So what do we have to do, I had to go learn about trust, and I said I went all over the country I spent a fortune I flew to different places, I talked to 20 different attorneys I met with people I went to seminars all kinds of things and what was really great.
Lou Brown Coach: Was the hit upon something that I could understand, and I could wrap my head around, and I could do myself.
Lou Brown Coach: I didn't have to have an attorney and spend a fortune for each trust, because at that time at accumulated some properties and I didn't want to have to spend a fortune to get a trust for each one of these properties so.
Lou Brown Coach: What happened was unfortunately there was not paperwork that I could really use in my business, so I had to actually create that paperwork over many years of.
Lou Brown Coach: using various attorneys we were able to get that done now.
Lou Brown Coach: With that said what I wanted to do is create something that would give me the ability to be in business, but also have some protections from the crazy legal system that we've got out there and the crazy people that might use it So the first thing that I was looking at.
Lou Brown Coach: To go back here.
Lou Brown Coach: The first thing I was looking at was this privacy of ownership and and the power of privacy of ownership, now that was such a great message, think about that.
Lou Brown Coach: That you could own property in some other name well.
Lou Brown Coach: What i'm teaching you about today is a thing called land trust, and there are different kinds of trust, so you might have heard the word trust you might even be using something like a living trust, but the idea of trust.
Lou Brown Coach: there's about 30 different kinds of trust, so the specific trust that i'm teaching about today is thing called land trust and personal property trust two different kinds of trust today.
Lou Brown Coach: And they do different things now.
Lou Brown Coach: The first thing that this land trust can provide is privacy of ownership, because there's no restriction to how you name the trust.
Lou Brown Coach: So you yourself, right now, if you're using a trust it's probably a living, trust and it's probably your name living trust or your family name living trust well there's not much privacy that goes with that is there, but here's the opportunity to have.
Lou Brown Coach: A trust in a name that may not sound like your family name something like the sister Mary Frances trust well somebody looks up that property on public record what are they going to find the sister Mary Francis trust well who wants to sue the nuns.
Lou Brown Coach: wants to sue the nuns right, so the Attorney don't want to take the case that people don't I don't want to sue the sisters of the.
Lou Brown Coach: sister Mary Frances for us, I don't want to do that, so that gives you the opportunity to have some privacy in your world.
Lou Brown Coach: How about the native American youth trust right the native American youth trust Oh, my goodness we don't want to sue the Indians that they're the ones that was stolen from in the first place, we don't want that to happen.
Lou Brown Coach: And then, how about the children with special needs, trust right anybody got children on here that they all got special needs right.
Lou Brown Coach: So you're okay there, so, in other words what i'm teaching you is you can be creative with the naming of your trust and there's nothing that stops you from doing that now.
Lou Brown Coach: So the next thing is what if you can do.
let's see if we can get this thing to work.
haha.
No.
Lou Brown Coach: All right, I think that's the problem if you put it in right here, I don't think you have that problem okay.
Lou Brown Coach: All right, let's see if that'll.
Lou Brown Coach: something to help me over there, this is where it goes to your.
Lou Brown Coach: microphone okay well, that is, that really want it, yes, that worked okay.
Lou Brown Coach: If.
Lou Brown Coach: Does it connect to your machine here doesn't have to be reconnected to the.
Lou Brown Coach: clicker.
Lou Brown Coach: Surely sure OK now let's see if it works.
Lou Brown Coach: out now try to find a battery typically alright so i'm going to continue to do it this way, so the next thing is.
Lou Brown Coach: transactional privacy now what transactional privacy means is maybe you have.
Lou Brown Coach: You know hundred deals in the next year, well, if you do 100 deals in the next year nobody's going to know that is you.
Lou Brown Coach: So now let's think about where can I get that well little known let wildly powerful concept of land trust and personal property trusts so using those two things in combination gives you some great power.
Lou Brown Coach: Now a land trust allows you to hold title, it gives you privacy protection probate avoidance and profits it's what I call the four PS of a successful estate plan.
Lou Brown Coach: You got to have privacy protection probate avoidance and profits and so we're going to go through that.
Lou Brown Coach: Now, what can go into land trust's, the answer is any kind of real estate can go into land trust that's houses apartments condominiums hotels land, as you can see right there that's the.
Lou Brown Coach: Preservation trust right there that owns that property and so, as you can see here's another preservation trust that owns land.
Lou Brown Coach: In a different part of the country, so all kinds of opportunity to hold title to your property in a different entity now.
Lou Brown Coach: If you notice what's going on here each property is in its own trust, so the opportunity is that once we have.
Lou Brown Coach: The ability to create these trusts, then we can do this ourselves and each property can be protected from the other properties, so if they're protected from the other properties that's a pretty powerful thing and giving all of the things that we talked about privacy protection probate.
groovy baby.
Lou Brown Coach: Then we also learn, can I hear that yeah and they the personal property trust is the next piece of the puzzle now wait a minute.
Lou Brown Coach: So we've been talking about land trust, but there's another player called a personal property just well interestingly, and like I said there's different trusts that do different things.
Lou Brown Coach: So the land, trust is hot title holder right, so it holds title to a property.
Lou Brown Coach: But a personal property trust does what it does and what it does, is it protects your bank accounts your vehicles your stocks your bonds and more.
Lou Brown Coach: So land trust just for real estate if it has a legal description, it goes into land trust personal property trust is for everything else in your life now what's interesting is that a land trust.
Lou Brown Coach: has the ability to hold title to property, and you are not the owner of the property it's actually the trust that owns the property so who are you and where are you at you are a beneficiary of the trust so as a beneficiary of the trust.
Lou Brown Coach: You have only an interest in the veils and proceeds, which may flow from the trust well that's a pretty powerful thing, so if you have the an interest in the avails and proceeds, meaning the personal property that comes from the trust.
Lou Brown Coach: Then what that means is you can hold your beneficial interest of the land trust in another trust and that's the personal property trust.
Lou Brown Coach: So literally if anyone were to blow through the land trust, what would happen, it would go to the personal property trust how powerful is that.
Lou Brown Coach: So let's take a look at what can be held, how many of you are getting good stuff here does this make sense to you is this good stuff awesome awesome.
Lou Brown Coach: So, think about let's think about what goes into a personal property trust well stocks can go to a personal property trust or even stock certificates can go into a personal bank accounts can go in there, how about CDs how about sea doos.
Lou Brown Coach: Motor homes mobile homes gun collections coin collections everything in your life even airplanes if it's personal property, it can go into its own trust wow how powerful is that.
Lou Brown Coach: So, protecting all that you own is the game with the operators Now let me show you how this works so let's say that you own a Bia excuse me, you own a property that property is going to go into a land trust.
Lou Brown Coach: Well, the beneficiary of the land trust can be a personal property trust so as you see here one follows the other so, in other words, one is the beneficiary of the other how cool is that so as each one of these it's doing its thing.
Lou Brown Coach: let's see what are the other benefits of trust, so we talked about.
Lou Brown Coach: The privacy and transactional privacy how about government has limited control now what I mean by that well, but these trusts were here before the government was here the trust came over on the Mayflower.
Lou Brown Coach: Trust have been here for thousands of years Oh yes, so trusts have a preference trust are superior to all other entities, so you might say, to yourself well why in the heck.
Lou Brown Coach: Am I just find out about this, and why the hacking everybody using trysts well, the reason is that government has limited control so they want they don't want that.
Lou Brown Coach: And they want attorneys and what are the attorneys do they don't teach you you put your stuff in trust they say.
Lou Brown Coach: Use llc and corporations and limited partnerships, how many of you heard that before yeah you need to use them all other entities out there right well, but what a lot about this so you're actually looking at the fact that.
Lou Brown Coach: You they have put aside and hidden from you hidden from view the most powerful thing that could happen in your life for so many reasons.
Lou Brown Coach: Why do you think they would do that well attorneys first of all, they don't want to tell you about trust, because it can cut them out of the game.
Lou Brown Coach: And they don't want to be cut out of the game or their brother and either right more more attorneys so what they don't want you to know is that you actually have the ability to not only do this do this yourself but also circumnavigate the whole system has it set up now.
Lou Brown Coach: Now, how many of you like that is that a good plan yeah baby that's a good plan, so the next thing is no relationship with state government.
Lou Brown Coach: Now here's a distinction for you llc corporations and limited partnerships are all creatures of the state they are creations of the state, but a trust is not.
Lou Brown Coach: A trust God here first a trust is the foundation of our.
Lou Brown Coach: Our entire legal system, and so, therefore, it has no relationship with state government, the state can pass laws on the administration of trust within the state, but they cannot outlaw.
Lou Brown Coach: Trust so you will see trust us in all 50 states for ever, as long as we are under the laws that we have you're always going to see trusts being used in all 50 states and in Canada as well for my Canadian friends that are here, definitely trust can be used in Canada as well.
Lou Brown Coach: Now, how many of you believe that, based on what i've told you so far that provides asset protection right for asset protection that your assets are not on the line, your.
Lou Brown Coach: name is not on public record that gives you the opportunity to put each property in its own trust now that's a big factor that I want you to be aware of each property can be in its own trust.
Lou Brown Coach: And so that insulates isolates segregates each property from one another and that means if anything happens at one property, it does not happen to all of their profits now let's contrast that.
Lou Brown Coach: let's say that your attorney told you to get an llc and they told you that you should take.
Lou Brown Coach: 10 properties and put them in one llc how many of you have heard that before right you got an llc that's the way to go, baby well, let me tell you that's not the way to go, because all you did was put all your eggs in one basket.
Lou Brown Coach: Now what's an llc it's a limited liability company now a limited liability, it means you are limited, but it does not mean that the stuff is limited in liability this.
Lou Brown Coach: Anybody who has a mishap with any of your properties, they can Sue that llc and get everything in that llc they don't have to bother Sue and you they've already got access to the Holy Grail baby they got access to everything that you've got.
Lou Brown Coach: So asset protection is a big important step in your life and it's a critical.
Lou Brown Coach: so difficult to collect judgments and lanes so powerful so important, difficult to collect judgments and lanes if somebody.
Lou Brown Coach: Once you put your property in trust and once you don't own it anymore, when someone gets a judgment against you personally guess what they can not.
Lou Brown Coach: it's that judgment is not against those assets and so therefore they don't have an entree to be able to get inside there and get your stuff unless you give them the entree.
Lou Brown Coach: You see, you can acquiesce you can cooperate and all of a sudden, you don't have any protection anymore, so you do have to be trained on what to say and how to say it, what to do and how to do it.
Lou Brown Coach: So there's over 30 benefits with trust and you might find this to be one of the most exciting experiences of your life literally this hour and a half that we're spending together here.
Lou Brown Coach: To really just go over what the how this works, so now it continues with your second property and let's say that your second property is entirely different.
Lou Brown Coach: To us name and a different trustee even and that you have a different personal property trust, as the beneficiary so you've separated those two apart from each other and imagine that you can do things like land development what using a trust, yes, you can.
Lou Brown Coach: And then let's say we've got a third property and we do the same thing boom we've got another one.
Lou Brown Coach: Now what's going to happen and i'm giving you some instruction here as we go through this concept that.
Lou Brown Coach: what's going to happen is we're going to go back to the tenants that you already have you're going to in fact send them a letter in here and letter says we no longer own the property because of people like you.
Lou Brown Coach: hello, are you there are you laughing I don't see I 11 kevin's laughing.
Lou Brown Coach: it's we no longer on the property, because people like you know it doesn't say that.
Lou Brown Coach: It says we no longer on the property, however we're going to remain on is the manager for an indefinite period of time, the new owners have some new paperwork, they want me to go over with you.
Lou Brown Coach: And guys hand on the Bible absolutely true if you don't own the property anymore.
Lou Brown Coach: And the trustee of the trust is now going to own the property and the trustee of the trust is going to hire you to manage that property and there's going to be a management agreement and yes.
Lou Brown Coach: The management agreement is in here, so this is going to guide you through exactly what you're to do and how you do it.
Lou Brown Coach: And by the way, that's why we call this a guide book because it's going to guide you through what to do and how to do it now.
Lou Brown Coach: You see, at the top there, so the rants once you notify your tenants that you no longer on the property they're now going to make out their rent to you comma as agent now you comma as agent are going to.
Lou Brown Coach: Those you're going to deposit those into a personal property trust bank account so that you're going to create a personal property trust, and the only asset in that trust is a bank account.
Lou Brown Coach: Now that bank account is going to be separate and apart from all the properties, so, in other words, no you're not going to have to get a separate bank account for each one of the properties I wouldn't do that to you.
Lou Brown Coach: We need to have a management entity that management entity is a trust it's a personal property trust and that proper personal property just I have a bank account.
Lou Brown Coach: So you comma as agent are going to deposit the rent into you comma as trustees bank account.
Lou Brown Coach: Now you comma as trustee is going to now have checked writing privileges that can write a check to mortgage companies, insurance companies, taxing.
Lou Brown Coach: tax collector and contractors, for example, so once you write all those checks now you have leftover money that leftover money is also known as profit.
Lou Brown Coach: The profit now gets paid to the beneficiary whomever the beneficiary might be of the personal property trusts, so now we're going to go deeper.
Lou Brown Coach: Or, this is we've talked earlier today about how to get the benjamins and where to get the benjamins now we're talking about where to keep the benjamins.
Lou Brown Coach: And how to keep the benjamins protected so so we're going to go deeper into the concept.
Lou Brown Coach: And the beneficiary of the personal property trust can be a corporation or an llc or a limited partnership so if you already have one of those entities, you could still keep those entities.
Lou Brown Coach: But you could make them as beneficiary of these trust so out there in the world, the world sees a trust.
Lou Brown Coach: They don't see the entity that the trust has as its beneficiary, so this is a powerful way that you can set yourself up and absolutely protect all that you create.
Lou Brown Coach: And then, as you can see, once the money is processed once you've already paid all the bills what's left over either goes to you or, if you have one of those other entities than the money goes to that entity, an llc or Corporation.
Lou Brown Coach: Now, as we go through this together, I want to show this to you in another way.
Lou Brown Coach: let's say that you got flippers and let's say that you got keepers and once again we are going to take our flip income and deposited into that management bank account or we're going to take our rents and deposited in there as well.
Lou Brown Coach: And now, what happens is that you might have a corporation or llc but that's completely optional as a beneficiary.
Lou Brown Coach: And below that you have a beneficiary that might be a living trust or some.
Lou Brown Coach: We have an another whole trust that I won't talk about here, but it's called the elite trust.
Lou Brown Coach: That if you're paying taxes have more than $16,000 a year I need to talk to you about a different trust, because this particular trust does not provide any.
Lou Brown Coach: tax benefit so while it provides some protections of privacy probate avoidance and profits, it does not provide any tax benefits and here's why the irs.
Lou Brown Coach: has two rules for trusts one is simple trusts, and that means it flows through to the beneficiaries tax return and if you're the beneficiary, that means you file the taxes.
Lou Brown Coach: But they have another scenario for other kinds of trust and that's called.
Lou Brown Coach: The well there's a lot of names for it, but basically I call it the elite trust, where you actually have tax benefits over there on that side, so if you need tax benefits, we need to discuss the elite trust.
Lou Brown Coach: If you just need to get grounded in a trust, then you start with the land trust the personal property trust, and then we grow up to the elite trust, if that is a better.
Lou Brown Coach: direction for you to go at a later date, so, for example, for some of my clients if they're just about to get a huge capital gain.
Lou Brown Coach: And they don't have anything to offset that gain like we learned earlier than I have them get the elite trust, so that all the money goes into the leak trust tax deferred in perpetuity.
Lou Brown Coach: Until 21 years past the death of the final beneficiary, so it can literally be generations from now, when that trust dies.
Lou Brown Coach: So there's some real opportunities here, and if you're someone that's paying significant taxes, then I need to know that that I need to reach out to you about the elite trust, and we can definitely talk about that.
Lou Brown Coach: Oh.
Lou Brown Coach: josefina braun SEC josefina Francis.
Lou Brown Coach: house monster Member yeah baby welcome aboard josefina Thank you I know some of you are still working with Dennis and.
Lou Brown Coach: Getting your payments in place and what have you so congratulations I know some of you are moving money.
Lou Brown Coach: And you're going to be able to get your House monster on Monday, which is fine, we wanted to be able to work with you and and definitely Dennis is going to be following up with you and get you taken care of okay.
Lou Brown Coach: So what happens is that, as I was saying before the money goes into the bank account pays the bills and then whatever's left over goes to the beneficiary.
Lou Brown Coach: Now, if you happen to be the beneficiary you don't have an llc or corporation well that's actually your money.
Lou Brown Coach: So you actually could leave the money there in that bank account, and you could actually pay any other bills that you want to pay or have fun.
Lou Brown Coach: And then ultimately the beneficiary of your personal property trust can be the living trust.
Lou Brown Coach: So wow so that you've got your head around this structure now don't worry about this, because in your trust system, there is a chart and you are going to learn this literally, step by step inch by inch i've got every document covered for you.
Lou Brown Coach: Now here's what here's what happened to antwan so he says hey Lou just wanted to let you know how great your trust system is.
Lou Brown Coach: Because of your system, I was able to purchase four properties in a land trust and have step by step directions from your system on how to get an ei n number, how to open up a bank account to.
Lou Brown Coach: This is the best system by far giving steps along the way.
Lou Brown Coach: I also use your buying selling and holding course to get owner financing from the seller, and now I have four properties bringing in 1900 dollars a month in income.
Lou Brown Coach: So guys, you know when you get started with me we're going to be going down a path together and I love seeing you know I don't need another house by.
Lou Brown Coach: But I love it more when you buy the houses, because I know that that's putting you on a path to success and a path to a future.
Lou Brown Coach: So definitely I get a big kick out of you embracing it learning it and doing it, and this is antwan, by the way, he was the.
Lou Brown Coach: President of the fayetteville Rhea the fayetteville North Carolina area and just done some great stuff and he says yeah baby awesome now here's house number one that antwan got that day.
Lou Brown Coach: here's house number two.
Lou Brown Coach: here's house number three and here's house number four so each one of those was a win for him and definitely those properties have just grown in value since he's been holding those properties.
Lou Brown Coach: So that's the path to the benjamins baby and not only did he learned how to buy him right by him cheap and PR and make the money off of them with seller financing, but he also was able to protect them with the trust and create a trust bank account.
Lou Brown Coach: So these are powerful things and we've got the land, trust and the personal property trust don't forget that it comes with a forms disk that has the digital forms on there.
Lou Brown Coach: To make it very simple and easy and, yes, we have access to download if you don't have a Dick just greeter not a problem we can help you with that also we've got it in CD form.
Lou Brown Coach: And this is actually going to walk you through Now this is eight hours of training eight hours of training on land and personal property trust professionally recorded.
Lou Brown Coach: And tracked so what i've done is actually track each one of those and I want to do it in a format that you can really learn and.
Lou Brown Coach: consume and use this information so to get you started wealth builder workshop dot online forward slash trust wealth builder workshop dot online forward slash trust or call 1-800-578-8580.
Lou Brown Coach: Now this is just to get you started, because I got a lot more to say remember all those benefits of trust, so the next thing is a thing called probate now what is probate avoidance.
Lou Brown Coach: Oh, first of all let's talk about probate So what is probate probate is the process by which the system takes the assets of a dead person.
Lou Brown Coach: You know the peel back the fingers and take take the assets of the dead person and give them to the rightful living heirs and there's a court called a probate court and there's judges.
Lou Brown Coach: And sometimes you have to involve attorneys and you have clerks and you have delays and you have expenses and you have processes and all kinds of things, listen to me that could have been avoided.
Lou Brown Coach: And can be avoided, with the use of trusts so once a property or anything of vehicles stocks bonds mutual funds bank accounts real estate.
Lou Brown Coach: anything goes into trust, then it can avoid this whole process of courts attorneys judges clerks and delays.
Lou Brown Coach: And expenses as well all of that can be avoided when you use trust, so this is a today thing y'all, this is not our tomorrow thing, this is a today thing.
Lou Brown Coach: This is something you look at what you've already accumulated in your life absolutely that is the beginning place.
Lou Brown Coach: you place your properties interest and you put yourself in a position so that your family does not have to deal with this horrible challenging confusing expensive thing called probate that can absolutely be avoided, so now.
Lou Brown Coach: The next thing is division of assets prior to death.
Lou Brown Coach: division of assets prior to death is a great idea, because what it allows you to do is take each one of these individual trusts and actually name different beneficiaries for each one of those assets.
Lou Brown Coach: So instead of everything being combined and, as I say, in wills sold and shared and shared alike well soul.
Lou Brown Coach: means that they're probably going to sell it at a fire sale or an auction or something that's a lot less than what it could have been.
Lou Brown Coach: As opposed to having each asset given directly to whomever you want it, as the beneficiary, and each beneficiary can do whatever they wanted to do with that asset, how many of you love that plan.
Lou Brown Coach: So it's to separate the assets and to give Thank you Walter Thank you carrie.
Lou Brown Coach: To give people the opportunity to see things from a different point of view and say wow we can just pass it to whomever we wanted to have it, and you can make adjustments in other trusts Now this is dividing your estate per asset separating the beneficiaries.
Lou Brown Coach: No separate tax returns, as with other entities, so what that really means is that there is a very limited notification to the irs that basically says, see the other form.
Lou Brown Coach: there's just one one page disclosure of what's in the trust, but then refers them back to the personal tax return of the individual oh look here Reginald Reginald Shaw welcome aboard as a House Member congratulations Reginald appreciate that all right.
Lou Brown Coach: Now the next thing is.
Lou Brown Coach: So no tax return, as with other entities What that means is that there is a an accounting and that accounting and, by the way, i've got a section in here called taxes and the land trust i've got a section in here called insurance in the tax.
Lou Brown Coach: Land trust management and the land trust, so any aspect of employing this using this and operating This is absolutely covered in the system.
Lou Brown Coach: It does what it does and it's a powerful thing so.
Lou Brown Coach: No separate tax return means simply that you're not going to have to go through the pain and suffering like if you had an llc or corporation or a limited partnership.
Lou Brown Coach: You got to have separate tax returns for each one of these, but, since these are what the irs considers to be a flow through it flows through to the beneficiaries tax return it's the beneficiary who files, the tax returns, not the individual trusts.
Lou Brown Coach: Does that make life easier yeah does that make life a lot easier, so that you have the ability to have each property in its own trust and have it be a flow through to your personal tax returns with such a powerful thing.
Lou Brown Coach: All right now ability to take title subject to existing loan safely now i'm going to give you some examples in just a minute about buying properties taking over the existing financing on the property.
Lou Brown Coach: Not having to go to banks, not having to qualify for loans that's the song that I sing, but we all right, so now you got also with these trust ease of transfer, this is an easy entity to start, and this is an easy entity to operate.
Lou Brown Coach: Now let's take a look at what Judy says she says we purchased the whole enchilada at a light grand boot camp in Las Vegas and started using it a couple of weeks later it's been great.
Lou Brown Coach: She says, I discussed a State planning with my parents and they told me they had a living trust, so we decided to create land trust for their properties long and short of it, I asked to see their deeds and living trust on the only air and they had a living will only.
Lou Brown Coach: You know what a living will is that's instructing the.
Lou Brown Coach: hospital to keep the body going, you know, to keep the machine pumping right that's what a living will is but a living, trust is something completely different that's about the assets.
Lou Brown Coach: and passing the assets well they didn't have a living trust that they thought they had that are living will so Judy says.
Lou Brown Coach: I spent that night, creating the documents living trust, etc, and they signed the documents, the next day and I walked them to the recorders office.
Lou Brown Coach: I didn't sleep well that night, knowing the situation they are 7890 years of age and things happened was she was afraid to we're going to croak over that night before she got the stuff recorded.
Lou Brown Coach: At the courthouse right so, by the way, is that something you should be thinking about.
Lou Brown Coach: Is that something you should be thinking about let me see your hands, if you think that's something you should be thinking about.
Lou Brown Coach: And by the way, i'm talking about your parents i'm talking about your grandparents i'm talking about your great grandparents, this is something you need to think about because guess, who is going to have to deal with that probate.
Lou Brown Coach: That is you that's you yourself and you right if it comes down to a family member to have to deal with it well guess what that might be you probably would be you because you are in the financial business if you're on this call today.
Lou Brown Coach: So imagine that that could be and can be avoided by having the right paperwork that you can do yourself if you choose to so.
Lou Brown Coach: The distinction here is that they went on to say, the whole enchilada has saved us many hours of grief losing a parent will be difficult, but probate only add to the problem.
Lou Brown Coach: It was wonderful having the CD to quickly prepare the documents oh yeah baby so she was able to take her parents information from the properties they own.
Lou Brown Coach: She was able to prepare those documents and she was able to take it to the courthouse done next day now I want you to hear that.
Lou Brown Coach: Because that's really powerful share from Judy sharing that hey she could avoid all of this, you know it's a funny thing one time, I was speaking at an event and I brought this up, but she said that's me.
Lou Brown Coach: She was actually in the audience, he said that's me.
Lou Brown Coach: It was so much fun, but you know the these are real people, these are real testimonials and, yes, it works for old money.
Lou Brown Coach: And it works for new bunny to so whether you got old benjamin's or new benjamin's you've got the opportunity to absolutely protect those assets in a very powerful way.
Lou Brown Coach: Now, will this work here is one of the questions people ask like can I do that in my state will yes.
Lou Brown Coach: trusts are approved and used in all 50 states and, yes, there are some distinctions like i've got my some of my friends here from Louisiana.
Lou Brown Coach: And we have some distinctions in Louisiana in California, we have to record something called a certificate of trust.
Lou Brown Coach: there's just a few nuances from State to State but i've gotten built into the system and we can we can absolutely support you.
Lou Brown Coach: In having what you need and we built a system that way, in fact, that started with the toughest state that has the most rules and I built our trust around that so that it will incorporate everybody else's rules and regulations as well.
Lou Brown Coach: So here's what bill said and, by the way, Philadelphia Pennsylvania, is one of those states where they say that things are kind of tough.
Lou Brown Coach: Well here's what phil said he says, I you bought the whole enchilada one of your seminars, several months ago, when you were in the Philadelphia area I read your course from cover to cover and I am sorry report I loved the whole enchilada.
Lou Brown Coach: You ask your students to keep in touch a wanted to say that I am so glad, my friend, told me to get your course I was afraid to spend that much money but, as they say just one deal can pay for good course material.
Lou Brown Coach: Now guys i'm going to be giving you a very special deal today so just know that i'm here to support you i'm here to help you and I couldn't do.
Lou Brown Coach: mean that more powerfully than when we're talking about protecting the assets that you already have plus acquiring new assets and the way that you're going to do that in a safe and sufficient way.
Lou Brown Coach: So he says, one of the things you said is sometimes you have to be a pioneer to bring in concepts that work elsewhere.
Lou Brown Coach: But not in your area as yet I did, and now everyone wants to know how I did it.
Lou Brown Coach: To give you the details, I took the House subject to and put it in a trust, like you, taught me in your course everyone here in Pennsylvania told me that I couldn't do what I did and land trust don't work in Pennsylvania.
Lou Brown Coach: And so, then it gets sarcastic and it says, well, I guess, they were but anyway, he goes on to say, I took the House subject to enter trust.
Lou Brown Coach: My costs were $30 in notary fees $60 to record the deed after rehab caused I left the table, so my table with over $49,000 in my pocket.
Lou Brown Coach: This is allowed me to buy three houses that i'm keeping for Rentals, or should I say lease options rent to own another great concept, I learned from your course.
Lou Brown Coach: My new buyers just love the houses and the concept of home ownership through lease options and contract for deed or, also known as agreement for de.
Lou Brown Coach: loop thanks for a great seminar great set of course materials, I will always be a fan and grateful give him a big hand is that good stuff is that good stuff.
Lou Brown Coach: Absolutely guys so just think to yourself that you have the tools to work with i'm going to step you through what to do and how to do it.
Lou Brown Coach: here's another one your course materials helped me in so many ways, I don't know where to begin thanking you.
Lou Brown Coach: I spiel that most important thing you taught me in your course is how to put my properties into trust and start some basic asset protection very rewarding.
Lou Brown Coach: learning how to do trust in Pennsylvania, because countless professionals, including lawyers and experienced real estate investors told me, it was impossible illegal or immoral to put property interest.
Lou Brown Coach: prove them all my all wrong with your course easy as eating pie.
Lou Brown Coach: Before you're taking court taking your course I was renting out my houses getting first and last month's rent and a security deposit which many times, of course, would make me return.
Lou Brown Coach: Even though there was damage done to the property after taking your course I lease option, the property got a $5,000 non refundable lease option consideration.
Lou Brown Coach: And $200 per month above the highest rents in town that's a total of 70 $400 for the first house in the first year people told me, I was crazy for spending so much money on a real estate course yeah crazy like a fox that Stephen Schumacher.
Lou Brown Coach: So now you realize that there's other people that have gone before you now you realize that you're not a pioneer at all that we have people using these in all 50 states.
Lou Brown Coach: And it is a step by step, guide and you see multiple reasons why people and been able to get through it themselves without any help.
Lou Brown Coach: yeah but will this work for me is the next question you have well we're going to support you in that, because when you come to the millionaire jumpstart.
Lou Brown Coach: You are going to have an opportunity to also fill out some paperwork, while we're there.
Lou Brown Coach: Because we are going to go over the deed into trust we're going to be going over the affidavit of trust we're going to be showing you how to fill out those documents, while we're together.
Lou Brown Coach: And we're going to actually cover a lot at millionaire jumpstart we're going to cover how to find your buyers we're going to get your head on right we're going to go through and do your actual.
Lou Brown Coach: business plan, many of you don't have a business plan how many of you know that you should have a business plan for your business.
Lou Brown Coach: You know, you should have a business plan for your business, thank you, Caroline you know you should have a business plan for your business tabitha Thank you.
Lou Brown Coach: You know, you should have a business plan and you haven't gotten around to doing it well here's what i'm going to tell you that we're going to do.
Lou Brown Coach: You don't do the business plan, because you don't know how to do a business plan so we're going to do that together, while we're at millionaire jumpstart.
Lou Brown Coach: we're going to go through get your head on straight we're going to go through the business plan and then we're going to lay out for you how to buy the houses right how to balance them cheap in a step by step process, including that.
Lou Brown Coach: That cost to sell worksheet and all the other things that we cover also holding property and we're going to talk about trusts there.
Lou Brown Coach: And we're actually going to fill out some paperwork there, so how many of you think millionaire just start is a powerful important event for you to attend.
Lou Brown Coach: there's no question about it is something that you're going to absolutely thank me for over and over you paradigm shift Kevin says yeah It really is a paradigm shift when you come there.
Lou Brown Coach: And so, that is an exclusive bonus that either, those of you who bought a house monster today, those of you who purchased.
Lou Brown Coach: The license for the trust's today either are both of you you're going to get that exclusive millionaire jumpstart training three days with Luke.
Lou Brown Coach: And, as a result of what I learned about how to buy houses right how to buy them cheap and how to protect them.
Lou Brown Coach: Using the amazing concept of being able to take over existing financing.
Lou Brown Coach: that's what I did in with my first property and bought it without a bank, and you can to now some of the things that you're going to learn at the event.
Lou Brown Coach: Is trust not only excuse me, and the system is trust not only protect assets and plan your state they can make money to.
Lou Brown Coach: How to assign a non assignable contract, how to never go to bank so again use this little known technique to buy properties using existing financing you're going to borrow money using.
Lou Brown Coach: Trust so like Kevin was sharing with you earlier, how he's borrowing money well all of that is borrowed in trust and that's something that all of you need to be aware of.
Lou Brown Coach: If you are, if you have an existing trust there could be huge holes in that, and I want you to be covered on that how to set up a bank account in trust for privacy and asset protection.
Lou Brown Coach: Asset protection secrets even your attorney doesn't know protecting your IRA and 401k using trusts.
Lou Brown Coach: How trust can double your credit partner value and how to have a partner, without partnering how cool is that also bulletproof creditor prevention so there's quite a.
Lou Brown Coach: myriad of things that trust can do for you it's over and above just the asset protection or just the probate avoidance there's so many more things that the trust can provide to you.
Lou Brown Coach: and obviously it's an eight hour course and we don't have time for that eight hours today but i've got it for you and i've got it available on DVD and downloads for your devices.
Lou Brown Coach: So just know that we're going to support you in learning this I want you to listen to that once you listen to it over and over.
Lou Brown Coach: Because you're going to hear different things it's like watching a movie the second time you're going to see things you didn't see the first time.
Lou Brown Coach: Alright, so we got to protect these benjamin's i'm also going to get a paperwork training you'll you'll also get paperwork training at the millionaire jumpstart as we go through it now is this guaranteed groovy baby.
Lou Brown Coach: hundred percent guaranteed like I said, if you don't think it's the best investment you've ever made hundred percent happy to give you, your money back.
Lou Brown Coach: We know what we've got we know how many lives we've changed, we know how special and unique it is it's so different I don't care how many courses you've invested in there are not my courses.
Lou Brown Coach: promise you it's not this it's because it's not this you need this and.
Lou Brown Coach: You can have a funeral and say a prayer and let the other ones go, because this is the keys to the kingdom, as we say, and we have so many successful folks that have done that.
Lou Brown Coach: Now let's say intellectual solve problems geniuses prevent them Mr Albert Einstein i'm encouraging you to become a genius today protect your benjamin's.
Lou Brown Coach: The street smart way and really be aware of bad or incomplete paperwork, because some other trusts are out there.
Lou Brown Coach: That do not cover and there's about 12 points that I have in my trust system i've discovered are not in other people's paperwork and so they've left.
Lou Brown Coach: Big holes they don't even know themselves they've left or they would close those holes and they didn't come to the class so.
Lou Brown Coach: learn how to do it right they didn't learn what i've learned over being involved in these trusts since 1983 so i've been using these trust since 1983 if you can imagine.
Lou Brown Coach: Always how long is that Oh, my goodness that's a long time, is it on that's a phone time almost 40 years using these trusts so definitely.
Lou Brown Coach: giving you privacy protection probate avoidance and profits, is a necessary step and like I said i'll give you more training at the jumpstart now.
Lou Brown Coach: The final thing I want to cover is what, if you could make even more money, using this and, yes, you can take over payments on existing mortgages, as I shared with you.
Lou Brown Coach: bought my first house, but to end several houses, by taking over existing financing for $45 the end he and Q loan way, but then they pass this law.
Lou Brown Coach: guard St Germain failed report depository institutions at 1701 J dash three a one D eight so buried way deep way deep in the law, what did I find exemption.
Lou Brown Coach: Exemption as many laws have there's exemptions and things that are not included in the law or accepted from the law.
Lou Brown Coach: A lender may not exercise its option pursuant to a due on sale clause upon a transfer into an interview boats trust and what kind of trust is a land trust on enter vivo type trust.
Lou Brown Coach: in which the borrower is and remains a beneficiary and does not relate to a transfer of rights of occupancy Oh well, guess what what we're going to do.
Lou Brown Coach: Is have a very interesting structure where the land trust purchase the land trust rather.
Lou Brown Coach: The seller transfers their property into the land trust land trust has now a personal property interest and that personal property interest.
Lou Brown Coach: Of the seller is going to be purchased by a personal property trust so as a result it's not got anything to do with the requirements inside of a traditional.
Lou Brown Coach: Subject to transaction, excuse me a traditional mortgage transaction so you've got the opportunity now to purchase properties from sellers having them place their property into their truck.
Lou Brown Coach: And yes, there's a whole section in here that talks about subject to and buy properties, subject to the existing financing on the property.
Lou Brown Coach: And, as I shared with you this morning, one of the most important and amazing things you can learn is you do not have to go to the bank and you do not have to qualify for a loan on a single family or small multifamily property.
Lou Brown Coach: So yeah but really will this work for me well let's take a look at what happened just defined so it's defined he paid attention to what I had to say he was out in the phoenix Arizona area and he listened to what I had to say and he said Lou this is amazing.
Lou Brown Coach: And so what happened was he actually sent me a whole letter about this today was a big day using the forms you teach in your course I bought three houses in one day.
Lou Brown Coach: that's right, not one, not two but three houses.
Lou Brown Coach: Better yet and each case, the seller so many the property, subject to the existing mortgage balances form street smart buying selling and holding did all the negotiating for me it was as easy as filling in the blanks.
Lou Brown Coach: These deals made over $80,000 in instant equity and profits not dimension, the cash infusions monthly positive cash flow and the magic of speeding up how quickly these homes be free and clear.
Lou Brown Coach: In the years ahead by prepaying principal the way you teach now as we go through this guys look at this House look at this House right now now.
Lou Brown Coach: i'm going to give you a tip off right now, Stefan pay $10 for this House how many of you like that House a lot right.
Lou Brown Coach: He paid $10 for this House and took over the existing financing on the property, this is such a powerful concept, I want every one of you to learn it.
Lou Brown Coach: stunning new home original owner one year old four bedrooms two and a half baths three car garage 20 415 square feet.
Lou Brown Coach: motivated sellers overwhelmed by the payments agreed to deed, the property subject to existing mortgage balance did not expect or want any cash.
Lou Brown Coach: And so there was a first mortgage and a second mortgage that he took over, he got that house for $10.
Lou Brown Coach: Now here's the second house motivated seller agreed to sell a property for mortgage balance in an area plans to be zoned historic property two bedroom one bath.
Lou Brown Coach: One car garage with a one bedroom one bath guest house currently rented below market at $300 a month, he got this House for $10.
Lou Brown Coach: It says his exit strategy is to sell the House using the street smart owner financing agreement for deed method with downpayment auction twist.
Lou Brown Coach: biggest downpayment wins the House submitted by three year stark raving whole enchilada owner Stefan cassie and how many of you love that is that a beautiful thing.
Lou Brown Coach: So that's now two houses, we spent now $20 okay now here's the third house he bought that day.
Lou Brown Coach: motivated seller contractors from our ad in the classified real estate section four bedroom two and a half bath one bedroom one bath guests in law suite.
Lou Brown Coach: property in arrears seller deeded the property subject to existing mortgage balance didn't care about credit didn't even care if the House went into foreclosure properties worth.
Lou Brown Coach: 139,000 at that time for me about 339 now.
Lou Brown Coach: So I want you to understand that that's three different houses that Stefan bought in one day he spent $30 and he got over $80,000 in instant equity and profits, how many of you love that plan does that make sense to you yeah baby awesome awesome Thank you Gary Thank you.
Lou Brown Coach: to beat them tabitha tabitha.
Lou Brown Coach: And let me see I saw Walter there awesome Michael Thank you okay fantastic alright so.
Lou Brown Coach: Buying property by taking over existing loans, not only keeps you out of the bank not only saves your credit, but also you save a fortune in closing costs have you thought about that a fortune in closing costs because of the fact.
Lou Brown Coach: That let's say a $250,000 home that's about $10,000 in closing costs by the time you're done with your prepaid and everything else, imagine you can take over $250,000 house.
Lou Brown Coach: And you do not have to worry about all of those expenses, how many of you like that plan so, in other words, this is a profit Center when you are.
Lou Brown Coach: Investing in the license to use the trust and the trust gives you the ability to avoid other do upon sale clause and the ability to buy the property and take over the existing financing you get all of that benefit.
Lou Brown Coach: and none of the costs if you are going to the bank and qualify for a loan.
Lou Brown Coach: Now, do you realize that just your first deal using this concept Do you realize this, this first deal is going to pay for your whole system it's kind of pay for your old system because you're not going to do things the traditional way.
Lou Brown Coach: So we started off the day by talking about keeping you out of the bank baby keeping you out of the Bank.
Lou Brown Coach: And that's what our plan is.
Lou Brown Coach: So it's an ease easy property transfer easy entities, a start easy entity to operate and you're never in the chain of title.
Lou Brown Coach: You may never have been in the chain of title, however, if you are in the chain of Title with properties are you currently owned that's not a problem because it simply means you used to own it, but now you don't own it.
Lou Brown Coach: Alright, and the final one is control control without ownership so you've got control of the property control of the trustee but you do not have to own the property.
Lou Brown Coach: And if you know what JP morgan's favorite saying was own nothing and control everything, and that is a major powerful statement absolutely own nothing and control everything all right, I want to recognize Oh, my goodness Reginald Shaw welcome.
Lou Brown Coach: Congratulations and we've got reader Ray congrats boy boy boy okay ron's writing is not so great.
Lou Brown Coach: Rita congratulations welcome aboard Thank you Thank you awesome.
Lou Brown Coach: All right.
Lou Brown Coach: I think we've got two more slots Shell for people for the millionaire jumpstart that's from the House monster i'm going to open up some more slots for trust buyers here.
Lou Brown Coach: In just a minute because sure enough i'm going to give you some amazing options and opportunities, by the way, i've just covered some of the benefits of trust, there are many more benefits of trusts that I will be teaching you.
Lou Brown Coach: Over the time ahead and at millionaire jumpstart so let the paperwork do the negotiating for you it's such a powerful statement within our system.
Lou Brown Coach: Ask yourself, can this happened to me, is it possible that people the system could force me to throw away millions of dollars literally a lifetime of work could be stolen taken and take and.
Lou Brown Coach: Absolutely ripped off from you, given the system that we currently have my absolute advice to you is get everything out of your name.
Lou Brown Coach: And my other advice is be very careful about those state run entities llc corporations limited partnerships elevate yourself to a whole other level that is exclusive to the elite the elite in this country.
Lou Brown Coach: bar none us trust it's because their advisors know the power and benefit of these and charge them thousands and thousands of dollars for this advice.
Lou Brown Coach: And when they use this advice they're able to create a dynasty that can pass from generation to generation to generation so i'm giving you some really.
Lou Brown Coach: let's see sage advice here that, given what my background and experience is over 40 years of using these trusts i'm going to tell you that there's nothing better there's just nothing, no other entity that can do for you what trust can do.
Lou Brown Coach: And there's no good reason not to do it, I mean there's absolutely no good reason not to do this.
Lou Brown Coach: So i'm going to give you guys an amazing opportunity here to protect your benjamin's and to pass your benjamin's down from generation to generation.
Lou Brown Coach: intellectuals solve problems geniuses prevent them and what i've done for you is something very powerful Now I know who you are, you are an entrepreneur.
Lou Brown Coach: And I know that this is kind of an entrepreneur's Office, this is not my office, but I know what entrepreneurs do, how many of you know what i'm talking about you have to tiptoe through the tulips in your office.
Lou Brown Coach: You have to deal with the piles of stuff somewhere all over the place, I know what you're talking about.
Lou Brown Coach: But what we're teaching you to do is to have a very orchestrated and easy way of doing exactly what we do so i'm going to empower you to impact your life and the life of your family and the life of your parents and your grandparents as well.
Lou Brown Coach: Success is about having a system, a system will get you more money, faster and safer.
Lou Brown Coach: So what are we going to do, according to Michael gerber author of the E myth, a million people go into business each year within five years 96% are out of business now that's an amazing book, by the way.
Lou Brown Coach: Now what i'm going to tell you is that he says how ever those that enter business with something like a franchise that has a system that they can follow, step by step.
Lou Brown Coach: They have success and 96% sense of them survive, so I want you to know there's a distinction in business at started this morning, talking about a formula, there is a formula for success, this is part of it.
Lou Brown Coach: Get yourself in a position to protect everything that you create get yourself in a position to pass everything you've got to your heirs.
Lou Brown Coach: Other business people have a system and you need one to.
Lou Brown Coach: Question one why this guy well, as you know, there's folks all over the country that have used my system and absolutely love it they don't have permission to sell it to anyone else.
Lou Brown Coach: So they use it in their own world and they teach what they teach and they left me to teach you the business of the business.
Lou Brown Coach: And i'm quite proud and happy to do that, we have many licensees that are certified affordable housing brighter and we have our 800 offices nationwide I can't wait to make you one of our offices.
Lou Brown Coach: nationwide and, by the way, it's qualified as an office is even from your home, and so we want to help as many people as we possibly can.
Lou Brown Coach: And this is the feedback I get from my clients take a look at this I bought your whole enchilada recent seminar purchase by first home, subject to the existing mortgage.
Lou Brown Coach: With no money down, as I was halfway through your land trust corps had my attorney review your trust documents as you suggested, he said they were the best real estate agreements, he had ever seen.
Lou Brown Coach: He also told me it would have cost me thousands of dollars for him to produce similar documentation that wouldn't have been nearly as thorough as yours.
Lou Brown Coach: How many of you believe that i'm starting to charge you thousands of dollars for just one trust right just one trust imagine that you've got the tools to be able to do it over and over and over again for yourself.
Lou Brown Coach: But despite your brilliant paperwork, I must admit, the first transaction and not go as smoothly as expected due to my own lack of hands on experience, I cannot thank you enough for quickly replying to my.
Lou Brown Coach: late night, please for help via fax machine your help is proved invaluable.
Lou Brown Coach: Now, think about this guy's back in the day I used to answer my students by fax, now we have the Sunday night call so every one of you is invited that that are getting the system, this is a.
Lou Brown Coach: client's only call that we do every Sunday night 9pm Eastern time you can get on there, you can eavesdrop you can ask questions we make it an open.
Lou Brown Coach: forum that gives you an opportunity to not only get feedback from me, but also from Kevin and Cynthia and anyone else in the audience.
Lou Brown Coach: And it's a really powerful event we just love the experience of doing it, I thanks, so much the drivers for being willing to help and pay it forward, and they are.
Lou Brown Coach: Fast Track mentors of our program as well, they have made multi millions of dollars using our program so they're highly qualified.
Lou Brown Coach: To support our clients in moving their businesses forward as well, and a fast track way, which means I weekly call with them, but what we've got for.
Lou Brown Coach: opportunity to really avoid your your stops in this process because it's so easy to get stopped when you have a question.
Lou Brown Coach: And you can't get the answer you're not sure we don't want to put you in an unsure place we want to put you in assure place.
Lou Brown Coach: Your hidden fortune comes from an easy to implement systems and strategies that do for you what you cannot do for yourself, and that is the street smart way.
Lou Brown Coach: So let's take a look at what all these other gurus use and what what you have the opportunity to do as well, it takes four teams to have a system.
Lou Brown Coach: tools training technology and team, so what we've done for you is we've created an opportunity for you to be able to take advantage of the system and a very consumable way.
Lou Brown Coach: And we've broken it down so that you have all four legs of the Chair and it's very supportive of everything that you do.
Lou Brown Coach: So, as we are working together here, first of all, think about the patchwork quilt what you might have from the past we're going to get rid of that is your business like a.
Lou Brown Coach: Hope, even if many of you raise your hands earlier today saying absolutely it is we're going to get rid of that and we're going to come up with a plan here.
Lou Brown Coach: First, you need the tools and the tools are the land trust system that includes the subject to transactions in there, the ability to buy those property subject to.
Lou Brown Coach: It includes the insurance the property taxes, the homestead exemption all those discussions that you need answers to are in there and makes it simple and easy.
Lou Brown Coach: You also need the personal property trust and that's for your vehicles your stocks or bonds or mutual funds your bank accounts all those things are included, as well as having the beneficiary of your land trust be.
Lou Brown Coach: The personal property trust now how is the system designed, it is designed exactly the way I wish I could have bought it if I could have bought it.
Lou Brown Coach: But it didn't exist at the time, so I actually had to create this from scratch.
Lou Brown Coach: Now what i've created is a one page document, where you collect up all of your answers so once you create the answers you can now fill out the paperwork.
Lou Brown Coach: So this is our land trust creation information worksheet.
Lou Brown Coach: And it asks you a lot of questions well when I asked you those questions you turn the page and there's the question annotated with the answer so every question has an answer and it guides you through what to do in each circumstance and how to do it.
Lou Brown Coach: Now there's a cover sheet that explains who gets an original who gets a duplicate does it get recorded, where does it get recorded all of that is covered.
Lou Brown Coach: As the system has been designed now it's so important for you to understand that each form you come to and it's stacked in the system, right here it's stack the first form is the first one you use the second one is a second when you use all the way through the system.
Lou Brown Coach: And the next thing is there's a checklist did you know that every time a pilot gets in a plane they go through a checklist, even if they just landed an hour before they go through a checklist.
Lou Brown Coach: They want to make sure, everything is in order, I want you to do exactly the same thing so i've provided for you a checklist so that you don't leave anything out because it's a very powerful step that you're making.
Lou Brown Coach: and moving these assets into trust, a very valuable step.
Lou Brown Coach: And the next is a scenario that runs through all the documents so you've got your trusty James good guy and the beneficiaries Mary living well so.
Lou Brown Coach: What you're going to see us throughout the documents you're going to see how those characters fit into the documents and what it does now how many of you have ever gotten a blank form and had no idea what went in the blank lines have you ever had an experience like that.
Lou Brown Coach: Is what goes there well what i've done for you is given you.
Lou Brown Coach: A cover sheet that explains it i've given you a filled in version of every one of the forms, so you can follow that scenario, all the way through the documents i've made the system, a system.
Lou Brown Coach: The system is actually a system to follow what to do now, these are copyrighted.
Lou Brown Coach: and protected materials so we own the copyright we own the trademark we own everything what you own is a license you're purchasing a license to use this for your own business.
Lou Brown Coach: And i'm going to expand that license i'm going to expand that license for the trust segment of what i'm teaching you today i'm going to expand that to your parents.
Lou Brown Coach: and your grandparents so that means that you can absolutely have them protected as well, their assets protected as well in fact i'm going to give you the CDS and that's eight hours of training.
Lou Brown Coach: And what you're going to do is hand this to your parents and say.
Lou Brown Coach: I am going to place my properties interest I would love to have your opinion about this now they've never heard you say that before so they're very excited to hear that.
Lou Brown Coach: And what they are listening for is what this is and how this works well once your parents hear this they're going to want you to do this for them and who am I protecting.
Lou Brown Coach: Protecting you, because now you don't have to deal with the pain, suffering delay and expense of probate so what i've done for you is extremely powerful.
Lou Brown Coach: Second, you need the technology, so what i've done for you is all of the forms are on a forms disk or download and what you will be able to do is open these up and you'll be able to.
Lou Brown Coach: I said download but i'm access so that you'll be able to open these up and literally fill in the blanks highlight the blank lines type of man, when you press print.
Lou Brown Coach: you'll actually be printing out the document, it will look like an attorney prepared it, so the concept is that this is going to come up on your screen.
Lou Brown Coach: and on your desktop you simply click on street smart forums, when you open that up you open up the appropriate system.
Lou Brown Coach: When you open up the system you're going to find your documents in order.
Lou Brown Coach: And you're going to be able to click on those documents, so, in other words, the first one you come to as the first one you use the second one you come to is the second one you use all the way through the system.
Lou Brown Coach: So included is your entire land trust guidebook your entire personal property trust guidebook you're getting the eight CDs.
Lou Brown Coach: or yeah baby the eight CDs and, by the way these are tracked and titled so when you need a particular piece of information, you can actually go and record or.
Lou Brown Coach: Open up that particular piece of information and you're going to actually be able to access it right there without having to listen to the whole eight hours, how many of you love that.
Lou Brown Coach: it's like I said I am sharing with you the way I wish I could have bought this system and it's completely designed because it's to make it so simple and easy for you next you need the training.
Lou Brown Coach: So what we're doing for you as the exclusive millionaire jumpstart where during the jumpstart you're going to learn and you're going to how to.
Lou Brown Coach: have your own business plan you're going to understand contracts understand trusts understand short sales.
Lou Brown Coach: understand what properties to hold which ones to sell how to raise money at 4% interest only no payments.
Lou Brown Coach: yep i'm going to cover all of that, and a whole bunch more at the St Louis event and or if you can't make St Louis event, yes, there is another one we do three to four millionaire jumpstart per year.
Lou Brown Coach: Just a final testimonial here, but your whole enchilada in Las Vegas in two months i've got the deed, on seven houses close them all myself with your forms.
Lou Brown Coach: Keeping to rehabbing one have four on the block for sale your course is great and fills in the gaps of some other people's courses.
Lou Brown Coach: My lawyer was impressed with your forms to I know you know that so so you know here's the opportunity for you to tap into something that's already designed already being used already proven all over the country, and you have the opportunity to have it for yourself so.
Lou Brown Coach: that's the march event but the coming up the June event is June 2425 26 now you're going to get an entitlement certificate with your system.
Lou Brown Coach: And that entitlement certificate is going to grant you the discount because it's a scholarship grant i'm covering your tuition.
Lou Brown Coach: And the only thing you'll have to pay is just to cover the materials and US renting your seat, so that you will get there, so that's the reservation fee for $99 you do not pay that today Dennis will be calling you to collect that when you're ready to register for the event.
Lou Brown Coach: so forth, you need the team and what we've got is Tele training with Luke group Q amp a mostly every week so mostly every week I am working with you.
Lou Brown Coach: And here's what we're doing for you today, now, this is a powerful deal I need you to pay close attention.
Lou Brown Coach: This is a very powerful deal that i'm doing for each and every one of you, because I know that you need this not a bit confused.
Lou Brown Coach: The properties that you currently own need to be in trust the.
Lou Brown Coach: vehicles that you currently own need to be interest, so you don't have any personal liability, the bank account that you currently have needs to be interest and your parents and your grandparents and any rental properties, you need.
Lou Brown Coach: Have need to be interest stocks bonds mutual funds need to be interest and i'm going to give you some tools to make that happen so number one your asset protection land trust entire course is only 997.
Lou Brown Coach: Your asset protection personal property trusts only 997 now i'm going to give you, your eight audio CDs tracked and titled for easy implementation.
Lou Brown Coach: You don't have a CD player it's not a problem we have these accessible we're going to give you out access to download them to your devices or just listening to them from your computer.
Lou Brown Coach: forms disk includes all the documents in digital format home baby all the documents you just pull it open highlight the blank line type press print you got your trust it's awesome group weekly Q and a.
Lou Brown Coach: And that's usually 599 a year i'm including a year in your system, so you have the ability, for that to absolutely help you.
Lou Brown Coach: Sorry, the.
Lou Brown Coach: The the thing kicked kicked in there, so anyway, let me just take a couple of drops of water here.
Lou Brown Coach: dehydration is an interesting thing isn't it.
Lou Brown Coach: Alright, so group Q amp a weekly questions that you have we're going to support you at that event and that's 9pm Eastern time if you can't make it don't worry that we have recordings of that you can go back and listen to.
Lou Brown Coach: But of course you can't ask any questions if you're not there, so of course I want you to be there now your millionaire jumpstart.
Lou Brown Coach: The training, the second person your spouse your family member your hundred percent partner, so if you didn't already get the House monster you'll still be able to get the trust and when you get to trust system, it will include your millionaire jumpstart total.
Lou Brown Coach: And i'm going to give you an extra bonus, how to set up your bank your trust bank account $500 working with your spouse without killing.
Lou Brown Coach: Another 9995 now all of these i'm going to make these today bonuses for you bonuses for you so you're going to get your audio CDs you're going to get.
Lou Brown Coach: Your forms disk you're going to get a year's worth of this Sunday night calls you're going to get the millionaire jumpstart and a second person and i'm going to give you the.
Lou Brown Coach: Trust bank account, as a bonus, as well as working with your spouse wow wow now i'm going to do you one better as well, when you get both the land, trust and the personal property trust i'm going to give you a combo discount.
Lou Brown Coach: So now, you have to trust one for your real estate and one for your personal property i'm going to give you a take action now discount.
Lou Brown Coach: Now this is for you you're getting both systems, now the land, trust and the personal property trust i'm going to give you $200 off.
Lou Brown Coach: plus another millionaire jumpstart travel allowance, so those of you who are getting both the land trust personal property trust and the House monster you're actually getting.
Lou Brown Coach: A let's see here a $900 discount today because i'm going to give you the final price of 1597 now it's a 1597 covers the land trust the personal property trust all the stuff i've just covered for you.
Lou Brown Coach: And you're going to be able to get that simply by going to wealth builder workshop dot online forward slash trust or call 1-800-578-8580.
Lou Brown Coach: or go to the chat box and say I want trust co F, and that means card on file.
Lou Brown Coach: Those of you who have already purchased the House monster we've got your credit card So if you want to use that same credit card it's so easy just go here and say I want trust and.
Lou Brown Coach: CEOs card on file you don't even have to fill out a form at the website so we'll do that for you.
Lou Brown Coach: And those of you who want to talk about it and have a question about it or anything like that, not to worry, we are here for you, so that travel discount that extra discount is available to you, and remember that all of those bonuses are there for you as well.
Lou Brown Coach: And so that let's see this 1997 but not only am I, giving you all of that, for 1997 i've taken another $400 off.
Lou Brown Coach: So go to wealth builder workshop dot online forward slash trust call 1-800-578-8580 now the next session is to a Q and a session.
Lou Brown Coach: And what we're going to do to end our day here is, this is our happy hour and this happy hour is to support you guys in understanding, because I know i've covered a ton of information, and I know it's a.
Lou Brown Coach: Powerful lot to absorb and I know that you probably have all kinds of questions lurking about.
Lou Brown Coach: How to find the properties and how to find the buyers and subject to existing financing and getting the seller to carry back financing and interest rates and terms and concerns.
Lou Brown Coach: About today's market and land trust's and personal property trust man.
Lou Brown Coach: wow you didn't expect you to get all this in a day how many of you think you got a lot of value today, did you get a lot of value, today I.
Lou Brown Coach: love it, I appreciate your sharing that Thank you so much i'm getting a hand way from tabitha absolutely good stuff of why I appreciate your saying that definitely.
Lou Brown Coach: Give us the feedback that we need, I know that if you need Dennis to call you say, please call in the chat box and Dennis will give you a call.
Lou Brown Coach: And we're happy to support you now we're going to open up the lines for our folks and VIP.
HELGA QUEEN: can go for this.
HELGA QUEEN: Yes, this is Helga i'm still putting people into the rooms and I am having some difficulties because if you have not put your full name or your abbreviated it anyway.
HELGA QUEEN: To what you signed up with.
HELGA QUEEN: i'm not going to be able to get you into the.
HELGA QUEEN: Q amp a session with Lewis, so if you can put into chat if your name is different than what you registered with.
Lou Brown Coach: So, for example.
Lou Brown Coach: We would need your name in order to put you into the chat into the special room.
Lou Brown Coach: That we have 40 of the.
Lou Brown Coach: rooms and gail a you would just simply give us your name gail a and anyone else that has not given us your full name because Helga is moving you over into a special room and this special room is for our folks.
Lou Brown Coach: To support you in answering your questions and we're recording this separately so we're asking you to move over to the.
Lou Brown Coach: To the David H, if you can give us your name and.
Lou Brown Coach: valves the i'll be probably vulva peterson.
Lou Brown Coach: And galaxy a 50 if you'll give us your now, then we can name, rather we can move you over to the special.
Lou Brown Coach: break room that we have set up to do the Q amp a session so we can record that session for you as well.
Lou Brown Coach: We have promised recording of that for our VIP and we have to do it that way, so definitely get get yourself moved over.
Lou Brown Coach: Read us this thanks very much Lou I appreciate all the information look forward to the conference, thank you very much Rita looking forward to working with you as well.
Lou Brown Coach: and definitely everyone all of you who have purchased the House monster today you're definitely included in this Q amp a session so I want to make sure that you have the benefit of that.
Lou Brown Coach: we've had folks that have invested in the VIP and I want to make sure they get all their VIP benefits so we're doing this for all of our VIP as well alright so Helga is busy moving you over now to the special room.
HELGA QUEEN: When you see something pop up on your screen to join a broom just go on over there and I am still working on the list and I got to get the next list from Dennis on the house buyers so do just.
HELGA QUEEN: One patient with me.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: What do you want me to go over there and.
HELGA QUEEN: yeah i'm gonna put you over there Kevin i'm almost through with the first list.
HELGA QUEEN: But like I said there's a lot of people.
HELGA QUEEN: That are not going to be over there, because either they're not here anymore, or they.
HELGA QUEEN: got a different thing.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: i'll go over whenever you give me the invite.
Lou Brown Coach: Okay, when everyone else it's been great.
Kevin Shriver-11 yr Platinum/ Fast Track Coach: Today you've been a great group, thank you.
Lou Brown Coach: Oh Kevin and give Kevin a bit for everything that he's done for you today very big very big very big hand had a problem signing on to the event, is there any way to catch the early portion of the webinar or is there, another where we are coming up Jim.
Lou Brown Coach: Dennis will get in touch with you and get you taken care of their gym.
Lou Brown Coach: Definitely, we want you to have an opportunity to have that because feel powerful lot of information, give it out this morning, no doubt about it, so thank you, Jim for saying awesome and.
Lou Brown Coach: Thank you Rita for saying thank you to Kevin and so he will be moving over to the Q amp a room right away, and then the others.
Lou Brown Coach: We also are doing something very special for you all of you house monster Members, you will be invited to come to the Sunday night call this Sunday night.
Lou Brown Coach: you've already received the if you have been processed already you've already received an email from us, and in that email, it has the details about joining the Sunday night call for all of our Members that's a members only call and.
Lou Brown Coach: Powerful stuff done every Sunday night that we are not having a national training, so it help is inviting me to go over there, so that's Nice.
Lou Brown Coach: They make RON Cohen, make RON it is cold.
HELGA QUEEN: And I already did.
Lou Brown Coach: You do that for you Okay, and they may have our, I suppose, is the invitation, do you have to accept that one or am I.
Lou Brown Coach: Except that one because there's one over here, you would get dinner he's got this one wrong, this is wrong Copeland it does for RON okay all right, so that that's where you're going to be going okay.
Lou Brown Coach: Alright, so RON is over, or headed that way yeah all right, and then each of you are being tagged and moved over.
Right accepted.
Lou Brown Coach: And then I have to accept as well well guys, it has been just a terrific pleasure to be here today, oh my gosh I hope you have gotten so much benefit I have really enjoyed.
Lou Brown Coach: Being a part of your life today and hoping that you got true benefit that you really are going to apply in your world.
Lou Brown Coach: You know, you can make a difference out there in the world, you can make a big difference, and you can make money to.
Lou Brown Coach: that's what we mean by doing good while doing well, so we definitely want you to know that you have the power within you and the opportunity in front of you.
Lou Brown Coach: To make that difference for yourself your family and for Nice people out there in the world as well, so thank you definitely for joining me today, thank you for being part of what we're doing.
Lou Brown Coach: and making a really powerful statement in how housing is done in America, you know that is my plan is to transform how housing is done in America, and you are a big part of that opportunity for sure all right.
Lou Brown Coach: i'll see over on the flip side.
HELGA QUEEN: This is Helga if anybody did not get an invite I have my sheets in front of me to the Q amp a if you can just.
HELGA QUEEN: Say hey I did not go.
HELGA QUEEN: And I will check against my list.
alicia alanis: hey I didn't go i'm on the phone is that make a difference.
HELGA QUEEN: Okay, see.
HELGA QUEEN: Did you purchase VIP right Ellen honest.
HELGA QUEEN: Yes, okay hang on.
HELGA QUEEN: Okay.
alicia alanis: Okay got it.
Okay.
HELGA QUEEN: Is anybody else.
HELGA QUEEN: You can unmute yourself if I did not get you if you just.
HELGA QUEEN: It is not for everybody, if you purchase the VIP or house month to today, it is for those people.
HELGA QUEEN: I just want to make sure that I get everybody to give you what you.
HELGA QUEEN: need.
HELGA QUEEN: Is a low I sell on.
HELGA QUEEN: Did you get your invite annoy.
HELGA QUEEN: Jeff.
HELGA QUEEN: Sue leaky.
HELGA QUEEN: Just a fan.
HELGA QUEEN: Julia Peters.
HELGA QUEEN: RON only.
HELGA QUEEN: Sean did you go over and join the VIP.
HELGA QUEEN: Red journal.
HELGA QUEEN: Just went yes RON early, are you still with us.
HELGA QUEEN: Julia Peters Joseph.
HELGA QUEEN: See I got Kevin in the room, with Lewis and Bruce would you like to go into the room to.
Bruce Beasley - Co-Founder: Leave.
Bruce Beasley - Co-Founder: The meeting open.
HELGA QUEEN: Great you want to stay in the meeting or go over to the.
Bruce Beasley - Co-Founder: q&a be before you will need to stay in the meeting.
Bruce Beasley - Co-Founder: Okay, no.
HELGA QUEEN: Co founder i'm going to assign you you're gone okay does.
HELGA QUEEN: Jeff.
HELGA QUEEN: Do you know how to get over to the room.
HELGA QUEEN: So I still got Julia just said and Jeff that has not went over to the room yet.
HELGA QUEEN: To do.
HELGA QUEEN: Well guys, it was nice being with you all day long and you don't have to stay on for us on if you've got things that you've got to go do we will see you in June at millionaire jumpstart in St Louis.
Sorry.
Jeff for sure older they'll be sour sour dough.
nationwide love affair, with all things our, though, like that don't be soured we're out the door the browser out the.
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