GAIN THE INSIGHTS OF EXPERIENCE
Learn from those who have purchased and sold over $135,000,000 worth of "junk houses" within the last year alone.
Enter your contact information below and a representative will call and tell you about our boot camp
DURING "BOOT CAMP" YOU WILL LEARN THE FOLLOWING MATERIAL:
- The REO process- how it works:
- – Grace Period and Late Payments
- – The Intent to Foreclose letter
- – The Forbearance Agreement
- – The Notice of Default
- – The Redemption Period
- – The Trustee Sale
- – Bankruptcy and how it can affect a foreclosure
- – Chapter 7 Bankruptcy and how it can affect a foreclosure
- – Chapter 13 Bankruptcy and how it can affect a foreclosure
- – Getting additional time
- How homes become REOs
- – The bidding process
- – Setting the opening bid
- – Finding foreclosures
- – Handling phone calls
- How to purchase REO homes at an extreme discount
- – Who to buy from
- – What you should be paying for the homes
- – What areas to focus on
- – What areas to avoid
- – What types of companies (sellers) to avoid
- How to tell if you’re dealing with an unnecessary middle person
- Money: How to find private lenders
- – Step by step process on how to raise the needed funds and be taken seriously by financial experts
- – What to say and what not to say to potential lenders
- – SEC Rules and Regulations for each state
- Title and Deed process
- – The pitfalls many bulk REO buyers do not know- and how to avoid them
- – How to quickly do the deed process
- – How to involve title companies
- – What the difference is between the various types of deeds
- Property Inspections and Field Services
- – What to rehab and what not to
- – When to rehab and when not to
- – What types of contractors to use
- – Local crews and how to work with them
- – Repair costs
- – Finding a handyman
- – Estimating repair costs
- – Other repair considerations
- – Lists of our top picks and contractors that have worked well before
- Working with the different municipalities and local governments
- – What to do to keep them on your side
- – How to save the most amount of money and avoid unnecessary repairs and code violations
- – Local utilities
- – How to save money and only pay the bills you are legally obligated to
- – How to make sure the bills are paid and how to coordinate the billing process between you (the investor) and the occupant of the home
- – How to negotiate past due old bills / old account out of your name
- Marketing / selling the home
- – How to employ realtors and others that can market your home to local potential occupants
- – What has worked for the past 3,000 homes and what has not
- – How to utilize local property management companies
- – How to utilize call centers
- – How to use large marketing agencies and get the most coverage
- – How to use simple online marketing to get the best return on your investment
- How to sell the home and avoid liability rather than just rent it
- – Land contracts vs. rentals
- – Disadvantages of a rental agreement
- – Advantages of a land contract agreement
- – Disadvantages of a land contract agreement
- – Locations where you cannot use a land contract, and what to do instead
- How to coordinate the processes and paperwork with a management company
- – Note & Trust Deed investing
- – The demand for private financing
- – Underwriting a note
- – Understanding a credit report
- – Analyzing exit strategies
- – Analyzing the current market
- – Terms and Conditions
- – Loan to Value (LTV)
- – Borrower’s situation
- – Use a title company for paperwork
- – Getting paid: use an escrow company
- Retirement options
- – Self directing your retirement funds
- – Investing with your IRA or 401K
- Business structure
- – Sole proprietorship
- – C corporation
- – S corporation
- – Tax benefits from S corporations
- – Limited Liability Company (LLC)
- – Family Limited Partnerships
- – Series LLC
- – Series LLC benefits
- – Series LLC concerns
- – Using multiple entities to create multiple advantages
- Business opportunity
- – How to market yourself and get yourself exposure to potential clients
- – Web pages and squeeze pages, driving traffic
- – Follow up systems and software
- – Drip campaigns and programs to keep in touch with your potential clients
- – Marketing material
- Coaching and continued one-on-one support