Posts Tagged ‘little or no money down investing’

Now You Can Get my Online Lease Option DVD for Free!

Wednesday, February 17th, 2010

If you are like many others who have come to my site to learn how to make more money by investing with little or no money down in lease options, I have an exciting opportunity for you. I am now offering a FREE online DVD to help you Learn How to put $5,000- $10,000 into your  pocket within 29 days using lease options .  I am sure you may have concerns and may be wondering if it is even possible in today’s Real Estate market when you do not have:

  • Enough credit to purchase a property with a mortgage
  • If you do not have enough cash to buy or put down
  • You do not want to get stuck with a property you can not

Take a few moments from what you are currently doing and watch.

Here is what you will learn:

Check out the Box located on the right side of this blog and get it now!!

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How to Beat the Economic Downturn – A Creative Solution

Wednesday, February 10th, 2010

I have had the same UPS driver come to my office for the last six years! His name is Darwin, but for about the last six months I have not seen Darwin. I thought he may have hurt his back or had been assigned to a new route, in any case I have missed seeing his smiling face each day around 4:00 P.M..
Last week, Darwin walked into my office and asked to see me. I was delighted to see him again. He began to inform me of how after 25 years of service with UPS he had been laid off!
His SECURITY was GONE!
How disheartening, but yet so typical of Corporate America and of the effects of our beat-down economy. Darwin asked if he could use me as a reference. This told me that Darwin did not have a Plan B in place in case something like this ever happened. You are probably saying to yourself; “Why would he after 25 years of service? Who would have thought he even needed one?”
In a perfect world I would wholeheartedly agree, unfortunately we do not live in such a place or time.
Personally I believe we always need to expect the best but plan for the unexpected.
If you want to make sure that something like what happened to Darwin does not happen to you and your family, get started on your Plan B right now.
Join me on February 11, 2010 at 8:00 PM – EST7:00 PM – CST6:00 PM – MST5:00 PM – PST to check out a multiple stream of income (Plan B) that has worked out very well for me and my family over the last 7 years. This opportunity has provided for us when our other income sources had dried up.
Register today at https://www2.gotomeeting.com/register/553774042
See you on the webinar

Wendy

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What is a Cooperative Lease Option

Friday, February 5th, 2010

Learn what a Cooperative Lease Option is and when investors should use them.

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How to Make a Profit from a Sandwich Lease Option

Wednesday, February 3rd, 2010

Learn what a Sandwich Lease Option is and how to make a profit from the deal.

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Discover the TOP 3 Deadly Mistakes Investors Make in Down Markets

Wednesday, January 13th, 2010

Down markets are without question one of the best times for real estate investors. Down markets contain the best opportunities and the greatest ability to make money. Any truly successful real estate investor will tell you that they do more deals and make more money in down markets than they do in up markets.

Here is what Billionaire J. Paul Getty had to say about investing in down Market:

“If you want to make money, really big money, you do what no one else is doing. Buy when everyone else is selling and sell when everyone else is buying. This is not merely a catchy slogan. It is the very essence of successful investment.”
J. Paul Getty – Billionaire

While the opportunities are great in down markets, investors need to be aware of some of the deadly mistakes that can occur.
Here are the Top Three:

1. Not Getting Cash Flow
Cash flow is king, especially in down markets. It’s harder to get cash flow in seller’s markets, and even in some areas of the country, in a buyer’s market, because the prices are still too high for area rents. In down markets it’s very important to make sure your properties provide cash flow. You can’t count on appreciation in the short term in down markets. If a property cash flows, you can hold it forever, no matter what the market does. So, if it stays a down market for a while, you are okay because it cash flows. If the market goes back up, you can make money off appreciation too. Sell it then if you choose. The choice is yours then, because you’ve got the cash flow. CASH is KING!

2. Making Excuses
I touched on this before. If you want to succeed in real estate, you have to set aside the excuses and do it. Excuses are typically hidden in reasons why you can’t do it now. “I’m too busy.” Or the fear to take action by over analyzing every deal, “This property makes $5 less per month in cash flow than I really want.”
You’ve got to take action now. Picturing in your head all of the money you’ll make and the better life you’ll have with real estate investing is only fantasizing. If you want to make money in real estate; get started, take one step and then another. No one expects you to do it all at once or even do everything right, just get started.

3. Not Using a Proven System
There are some things in life we have to learn for ourselves. Making every mistake possible in real estate, just to learn the right way to do something is not one of those times. If you try that route, it will take you so much longer to get anywhere. You will literally be years behind, if you don’t give up entirely. A proven system is someone else’s road map that you can use to learn a real estate technique.
Proven systems give you the opportunity to skip the “getting lost” part. They move you forward at a much quicker (and safer) rate than if you tried to do it all on your own. It doesn’t matter what type of investing you want to do; short-sales, rehabs, or lease options, they will save you tens of thousands of dollars in mistakes, legal fees, etc.

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Learn the Insider Secrets to Making Hard Cash in a Soft Real Estate Market

Monday, January 4th, 2010

If you could pick up a $100,000 home for 10 bucks, would you do it?

REGISTER HERE

Two-Day Seminar on Lease Options and Subject Tos
with Wendy Patton and Kris Kirschner

Dear Fellow Real Estate Investor,

If you want to crush your competition…pull in the BIG Money…and can spare just one weekend – then I have some terrific news for you today…

Because on February 27th & 28th, I’m inviting you to learn – quite simply – the best techniques for Super-Charged real estate investing in this beaten down market.

Discover how to easily create winning deals every time with Lease Options and Subject Tos…

If you let me, I’ll show you how to score a $300,000 home for $10 bucks…or even nothing at all.

You see, motivated sellers are all over the place…pouring out of the wood work in this admittedly weak market. And how you move through this market could mean the difference between the Big Money and NO money.

I should know – I learned the hard way…

But that’s good news for you because I’m willing to share all of my Insider’s Secrets with you on February 27th and 28th.

And as an added BIG bonus, I’ve invited Kris Kirschner to join us…

Kris is one of the most in-demand, knowledgeable real estate investing speakers in the country today…he’s trained over 50,000 people – just like you – both here and abroad

REGISTER HERE

ONLY 57 SEATS LEFT!!!

Because if you register today you will get it all – everything I told you about and much, much more for the price of a cheap dinner…just $59 dollars. And I’ll go you one even better…

If you register in the next 7 minutes, I’ll let you bring a guest…absolutely FREE.

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Investing using Lease Option or Subject To Techniqes

Wednesday, December 30th, 2009

A lease with an option to buy involves leasing a home from a seller who might not be able to sell it or rent it otherwise. It allows the investor to rent it and then buy it, without having to use money or credit. I was able to do this over and over again. I have bought and sold over 600 lease option (rent to own) homes. The technique of lease with option to buy is what helped me get going “full steam ahead” in the real estate business.

Investing using the subject to technique involves having the seller sign the deed of their home over to the buyer “subject to” the existing mortgage. The seller keeps the mortgage in their name, but the buyer/investor owns the home and is responsible for the payments of the mortgage. The investor does not have to qualify for a new mortgage using this method. The technique of subject to allows the seller to move on and get out from underneath their payments and the investor the ability to buy many homes without using his or her own cash or credit.

Both methods, when done properly, should result in a win/win situation for the buyer and seller. I only teach my students how to use these two methods in a fair and ethical manner. When all parties are treated fairly everyone wins and things work out for the best. I truly believe this is the only way to invest in real estate!

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Top 3 Reasons You Should Invest in Hands Off Cash Flow Opportunities

Wednesday, December 23rd, 2009

Soft markets are GOOD rental markets to invest in. In fact, I invest in soft markets all the time.  With the current state of the economy many areas in the U.S. are considered soft real estate markets.  By this I mean that there are more sellers than buyers. Soft rental markets are often referred to as a buyer’s market, because the purchasers hold much of the power in negotiations. As an investor, I tend to target down markets that have strong rental rates. This allows our investors to acquire property at historical lows and hold for long term gain, while realizing monthly positive cash flow. Buying real estate in a down market is one of the best methods to build your portfolio and your wealth.

Here is what Donald Trump has to say about investing in down markets: “You can make more money in down markets than you can in up markets.”  Investor Warren Buffet says: “Be fearful when others are greedy and greedy when others are fearful.

Here are the TOP 3 reasons you should invest in Hands Off Cash Flow opportunities:

  • ALL the work is done for you! All you do is sit back and collect the checks! This means you have nothing to do but collect IMMEDIATE monthly Cash Flow.
  • Cash Flow – The numbers are analyzed for you. One of the things I teach my students is that purchases should be based on the numbers, not emotion. Your price is based on current monthly rent. Look for properties that create monthly positive cash flow for you from day one.
  • Upside Potential- When the market turns around, you will have even more equity in the home.  Equity is what builds wealth and adds to your bottom line net worth.

Click Here to learn more about investing in hands off cash flow properties.

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Build Rapport and Make a Deal!

Thursday, December 17th, 2009

Rapport building is very important and key because you’re asking someone to give you control of their house with little to no money down in both lease options and subject tos. Getting the seller to feel comfortable with you is the most important technique to learn for these techniques.  This is equally true with Realtors.  If the Realtor likes you, they will translate their like and trust of you to the seller for the lease options.

Here’s a tip: When you’re in the seller’s house, tell them what you like about their house, not what you don’t like.  For example, perhaps you’ll see something unusual, like older wood work or a nice fireplace.  Ask the seller about it.  If you see that the seller likes golf, talk golf whether you like golf or not.  Always focus on the positives, the interesting things.  People like to know that you like their house, and that builds immediate rapport.   Sellers will give you a better deal and be more likely to negotiate if they like you.

Check out Chapter 06 of my book Investing in Real Estate with Lease Options and Subject-to Deals: Powerful Strategies for Getting More when You Sell, and Paying Less when You Buy to learn more about negotiating the deal and other steps to buying on Lease Options and Subject Tos.

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5 Advantages to Lease Option Investing

Tuesday, September 29th, 2009

Here are 5 great advantages to lease option investing:

  1. Little to no money down investing.  Whether you are buying from owners directly or through Realtors, there is little to no money down required to buy a lease option
  2. Little to no risk.  If you’re buying a house on a lease option, you also maintain the right not to buy it.  This, to me, is the best benefit of lease option investing.  If the market goes up you can buy; if it goes down you can try to renegotiate or you don’t have to buy.
  3. No qualifying.  In most cases with lease options you will never have anyone ask you for your income or credit information.  This is done by building rapport with the seller or the Realtor.
  4. You can buy them with your IRA.  This is a little more advanced concept but you can buy lease options with your self-directed IRA.  This allows you to get your profits tax free!  You need the right type of IRA and the right IRA management company.  I use Equity Trust.
  5. The seller will love you.  The seller will be thrilled that you helped them with their situation.  The won’t be able to thank you enough if you looked for a solution that was a win-win.

These are some of the reasons that I love doing lease option investing.

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