Description
Ron Legrand ā Wholesaling & Retailing Cash Flow System 2022
Have you ever thought youād like to buy and sell houses but didnāt know how or where to get the money?
Are you so busy making a living you canāt take time to make any real money?
Can you retire on what you have set aside, if any, and live comfortably while not depending on the government to be there if you need them?
If you donāt like your answers, this report will show you how I extract over $50,000 a month from nice homes in beautiful neighborhoods needing no repairs and using none of my own money or credit.
Whatās more, I donāt buy foreclosures, do short sales, renovate houses, borrow money, use my credit in any way, nor do I have a real estate license or any need to deal with banks, lenders or RealtorsĀ®
ā¦and I spend less than six hours a month running the entire business while owning several other businesses simultaneously.
Most Common Profit Centers
In residential real estate, there are several ways to make moneyā¦The first two areā¦
1. Buy junkers and rehab them and sell to owner occupants who qualify for a new loan.
2.Ā Flip these same junkers quickly to investors who want to rehab them and make a quick profit on houses you never ownā¦we call this āWholesaling.ā
Both of these methods require you to buy the house cheap, largely from banks and theyāll all need minor or major rehab. If youĀ rehab, you must raise the money to buy, have contractors, find qualified buyers and get them a loan several months after you buy.
The average profit on these deals is from $20,000 to $40,000 nationwide and some make over $100,000 per deal.
WholesalingĀ means you simply make an offer through a RealtorĀ® on a bank owned property at a deeply discounted price. When your offer is accepted, your RealtorĀ® produces a contract for you to sign and you have 30 days to close.
During that time, you locate a rehabber to flip your contract to for an average profit of $5,000 to $15,000.
There are only two types of terms you will use to buy housesā¦
- Youāll lease it with an option to buy and the right to sublease it with an option.
- Youāll buy it with owner financing with the right to sell it any way you like. More on that in a minute.
In the Pretty House Business, there are three main forms of income.
1. Non-refundable option deposits if youāre selling with a lease purchase or a down payment if youāre selling with owner financing. The minimum is $10,000 and you receive it 2-3 days after accepting your tenant buyer.
2. Many deals have a monthly spread between the rent or payment you receive and the payment you make. These can range from $200 ā $3,000 per month on the luxury homes.
3. The backend profit, which is the difference between what your buyer owes you and what you owe the seller. This can be little or nothing or a substantial sum.
Let me display some case studies so you can get clear on what I mean.
Hereās a deal I did recently in Jacksonville, Florida where I liveā¦
The sellers were moving from this 3 year old house in two weeks and knew they couldnāt make two house payments. The house was in excellent condition and payments were current. Upon first contact with our VA who collected the facts, the sellers said theyād sell the house for what they owed, which is actually very common.
Their main concern was debt relief. Theyād had it listed and it didnāt sell, so they needed an immediate exit strategy, which I knew I could provide after making a call to them. I made it clear I could buy their house with owner financing and make their payment until sometime in the future when it gets cashed out, but thereās no way Iād pay off their loan now.
With my Pretty House Cash Flow System youāll learn how to get ownership of beautiful homes in neighborhoods youāll be proud to be in. The system includes:
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How to work with higher priced houses and totally avoid risk or the fear of making monthly payments you canāt afford. The higher the price the higher the profit.
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AĀ step-by-step start up plan designed for beginnersĀ whoāve never bought a house in their life.
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There are two CDs in this system where I interview real sellers and you get to hear both sides of the conversation. Youāll tune in while I pre-screen the sellers and when I hang up I discuss whether I would go see the house or not. If itās a go, I cover what kind of offers Iād make based on what the seller told me. If they pass my pre-screening test, Iāll go see the house. If not, why bother? The real art is in the pre-screening and knowing what to ask. Itās a 20-year craft Iāve perfected loaded with magic words that get results. Youāll get it all, complete with proven tested scripts to follow. You donāt need to create or write anything. Iāve done it all for you. Just follow each step Iāve laid out and watch it work. Itās literally dot-to-dot.
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How to use land contracts and wrap-around mortgages to buy and sell and why they should be in every real estate entrepreneurās toolbox.
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Ten things that tell you itās a dealā¦before you even see the house!
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How to create solutions for houses with little or no equity that are financed sometimes even over 100%, andĀ create tremendous profitĀ centers for you while getting the seller out of a home nobody else can buy.
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How to eliminate banks from your life forever so youāll never be at the mercy of a loan committee.
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How to create the most flexible financing there is with no banks or personal liability and create tremendous income streams for you.
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How to set up immediate income, monthly cash flow, and a final payday all from the same deal.
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This is how to get out of your job or low paying business. The frontend checks are great but Iāll work with you to create a monthly residual income from your current income. Then when you step down, youāre covered even if you donāt like working. Thatās true financial freedom.
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Low-cost marketing techniques to attract motivated sellers to call you and pre-screening tools so you only deal with the most motivated of the batch. And how to pre-screen them in less than two minutes.
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The secret question to ask every seller to get to their bottom line price instantly.
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How to structure your sale toĀ create enormous incoming payments and cash flowĀ and eliminate defaults and risks.
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How to attract dozens of motivated buyers who canāt qualify at the bank, but are excellent prospects for your no qualifying financing.
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The most common mistakes for all investors to avoid when buying and selling.
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Looking for a home for your family? Most of my students find their dream home while doing deals. Remember, the first example I showed you on the $395,000 house? I didnāt have to sell it. I could have moved in with no money out of pocket, no credit, no personal guarantee, no qualifying, no banks, no committees and no delay. Some do.
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How to find and acquire your next residence in a lovely area without using bank loans, credit or down payments.
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How to take control and start the cash flow with no risk or investment and make huge profits on nice houses even when you pay almost full retail price.
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How toĀ profit from any house, regardless of the underlying financing.
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How to control lovely homes in beautiful neighborhoods in any market in North America without ever owning them, buying them, borrowing money, or incurring risk.
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How to solve sellersā problems when RealtorsĀ®, attorneys, and other real estate investors donāt have a clue.
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Why properties sometimes financed at 90 to 120% are your absolute best deals and give you the best paydays.
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How to handle and overcome all common seller objections.
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How to make sure you wonāt have to make a monthly payment out of your pocket and never worry about risk again.
Ā In each of these systems, I spend many hours teaching you every aspect of this diverse, yet relatively simple business. There are dozens of word for word scripts so youāll never have to wonder what to say.
Hereās What Youāll Learn About Selling Houses Fast In Any Marketā¦
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How to set the house up to show itself with no human intervention so youāll never have to risk your life and waste your time meeting prospects.
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How to match the house to the buyer and quit looking for perfect prospects.
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Why cashing out immediately is the most costly exit you could pick and cuts your profits in half, and how to fix it and still have a huge cash flow.
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Iāll hand you guerrilla marketing techniques you can use on a paupers budget to drive in a herd of buyers within 2 days. Your entire cost to sell a house should be less than two hundred dollars.
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How to capture all incoming calls and never talk to anyone until theyāve seen the house, fall in love with it, have been instructed how to buy and what to do next, filled out an application and submitted it to you on a website we will provide and get set up for you in 5 days.
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The fastest, cheapest and best methods to find buyers in order of value ā Theyāre all free.
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What signs are the most effective and why mine get three times the results of others.
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How to get all kinds of cool stuff free as part of the buyers down payment to you. A free Harley is better than one you pay for and your wife will love you for all the new jewelry sheāll get that youāll never have to buy. How about a boat or RV? I and some of my students get a lot of free stuff as part of their down payment on houses we get with no cash out of pocket.
This is the best, most up-to-date information ever put together to teach you exactly how to sell a house in any market. Iād remind you we are selling with TERMS to 81% of the market. A house is 10 times easier to sell on terms than to qualified buyers. Our buyers qualify if they have the money, not credit, and that money changes hands a few days after we accept them.
This Information is Priceless When You Consider Youāll Be Selling Houses As Fast As You Can Buy Them! And 90% of the work is done by our Virtual Assistants.
Donāt worry, if your objective is to cash out quickly and find mortgage ready buyers, Iāve got that covered in myĀ Wholesale & Retail Cash Flow SystemĀ which Iāll describe in a minute.
But first, letās finish the discussion of my new system thatās already fast becoming an industry standard across North America.
But Iām not done yetā¦Youāll also learn:
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How to handle the taxes and insurance and who should collect them and why. It isnāt you.
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When you should never put someone in your house.
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How to make your buyers the best source of buyers for your next house. Most of my houses are sold to friends or relatives of previous buyers.
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How to get a financial commitment from a prescreened buyer without taking your house off the market. A special agreement I use will allow you to process five buyers on one house with no commitment to any of them. You get to pick and choose the best. If Iād had this agreement 20 years ago it would have saved me a lot of grief.
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The 6 steps to getting your buyer to the closing table whether youāre selling with lease purchase or owner financing.
Stupid mistakes to avoid when selling houses. Each one probably cost me six figures to learn.
Wouldnāt it be cool if you could buy 2 or 3 houses a month and never get involved in the sales process and know your product is moving as fast as you can buy it?
My 33 years of Quick-Turning properties of all shapes and sizes, in all neighborhoods, with all kinds of financing and finagling, with all sorts of sellers and competing against all sorts of would-be investors and professionals, deals done with lots of cash to spare and some with very little spare cash to spend, deals in the winter, spring, summer, and fall, in good times and bad, in buyersā markets and in sellersā markets, all of thisā¦over 3,000 deals in all, have given me insight in to what constitutes a complete deal from start-to-finish, and the absolute ability to convey to you more than just a grab-bag of techniques.
Thatās The Pretty House Business But Thereās Also The Wholesale & Retail Business
In my Wholesale & Retail Cash Flow System youāll get my complete system for making fast cash from single-family houses in the Wholesale & Retail Business. Youāll get step-by-step instructions onā¦
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How to create a $10,000 paycheck within the first 30 days in business without ever owning a house.
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How to eliminate risk and the need for operating capital while creating a $10,000 a month income without tenants.
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How to pre-screen callers so you can deal with only the cream of the crop. All of the scripts are included.
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How to make sure your repair costs never exceed your estimates (This one discussion could pay for the whole course!) This is assuming you want to do repairs, you certainly donāt have to.
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How to have a house completely rehabbed in less than two weeks, no matter how bad the condition.
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How to make money without ever talking to or meeting with a seller face-to-face.
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How to determine true market value of a single-family house without hiring appraisers.
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A step-by-step guide through the art of making an offer on a single-family house. It took me ten years to perfect this simple system that prevents failure and keeps you from making mistakes. This one part of the manual alone is worth the entire cost.
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How to attract a long list of cash customers eager to buy your junkers, fix them up and sell them for a profit.
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Four simple questions to ask each potential buyer so you can build a list of people ready to snap up every property you have.
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Complete agreements you can use in any state and an entire CD of instructions. Youāll be using this every time you actually take ownership of a property to protect your privacy and keep away the predators.
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Why you never have to do manual labor fixing up plumbing, paint, or repairs on a run-down single-family house and still make $10,000 a month.
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One entire CD dedicated to how to find and pre-screen a real estate agent to put on your team while theyāre pre-screening you.
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A guided tour of every component of a house, deciding what should be fixed and how much it should cost to repair.
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Another CD explains how to get all the money you need to buy and fix houses regardless of your personal qualifications. Youāll never use credit or banks and the supply is endless. Of course it only applies if you want to buy and rehab. Wholesaling houses for a quick $10,000 doesnāt require capital, you never buy the house.
By the way, the minimum profit Iāll allow any of my students to make on a retail deal is $30,000. Thatās after all expenses are deducted. And thatās the minimum, not the average. If you canāt make $30,000 or more, I can assure you the problem is you.
Some little piece was left out. My checklist will prevent those expensive little pieces from costing you money.
So, Letās recapā¦
You getā¦
- My new Pretty House TERMS $1,497
- Wholesale & Retail Cash Flow Systems $1,000
- My new Big Money In Big Chunks System $997
- 90 Day support $497
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