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Hey Folks! Keep Your Eyes PEELED!
Posted by: | CommentsHey Folks,
Keep your eyes peeled, this weekend we will be letting you in on some GREAT NEWS!!!
The BEST Offer The Biker Who Buys Houses has ever made! Hands down!
Just think FREE……….
See ya,
Jim
Profit Extraction! Getting the MOST juice from your deals!
Posted by: | CommentsHey Folks,
It’s been a little while since I posted. I want to continue with the series started earlier this month about the proper care and feeding of your deals………….and you.
We talked about lease options last time, covering the basics for setting them up, as well as how to advertise your available rent to own property for the most exposure.
Now, we will cover some details on how best to create profit from common lease option/rent to own exit strategies.
For those who choose to sell their properties with a lease option, or rent to own exit strategy, there are three main profit centers.
Those are:
1. Upfront Non-refundable option consideration. (this is not really profit until later, when the tenant buyer purchases. It is best to keep this amount banked for an emergency/vacancy fund.)
2. Monthly cash flow. This is merely the difference between what you collect from the tenant buyer, minus any expenses monthly from the property. (mortgage payments, insurance, taxes, etc.)
3. Back end profit. This is the profit you make when and if your tenant buyer purchases the property. It is the difference between what you must pay off, and what you collect at closing. This is THE MOST SIGNIFICANT chunk of cash coming from the deal.
There are those who think these would be the only profit centers, however, they’d be wrong. Sure, we can structure the deal to put more weight on each of these, or shift the profit weight. Meaning, if you are shooting for 5% down, and your tenant buyer pool just cannot produce this amount, with perhaps only 2% at inception………..you can collect monthly on the option consideration as well. Of course, you can also charge a fee to promote such a “pay over time” approach.
So, the with the three main profit centers identified, lets take a look at where else profit can be generated from the same deal.
Remember when you are selling an item on terms, whether that be a T.V., House, car, or even furniture, the buyers main concerns are not always the bottom dollar price. The things most consumers who use terms to purchase items are looking for, are “how much upfront”, and “how much per month”?
I recall when I purchased automobiles with financing in the past (have not in years by the way, cash for cars is the only way to really go), I was only concerned with how much the dealer wanted down, and what my monthly payments would be.
Why?
Simple, I lived paycheck to paycheck, and HAD to maintain a budget. The majority of your tenant buyers will be the same. They will be working people, who need to allocate their paychecks every month to cover vital expenses. Housing is second only to food, for most people anyway. Departing with large amounts of cash, if they have it, is never the preferred method for purchase with the vast majority of folks seeking a home on a rent to own basis.
Let’s rewind a bit, and take a look at a scenario.
You, investor Jones, have a house you just purchased and took possession of, which you intend to sell via rent to own, or lease option. The house is nice, needs some cleaning, as most do post move out. The house also has a nice set of matching appliances, ceiling fans, patio furniture, a workbench in the garage, along with metal shelving in the basement for storage, along with a nice 12x 12 moveable bard shed on the rear yard. All items that make the home more convenient and liveable for an occupant. The type of things that residents purchase, usually over time. Lots of people improve their homes with new appliances, storage sheds, accessories, etc, and pay for them with credit.
This my friends, is where YOU can help these folks save on the expense of using conventional credit, like visa or mastercard, or appliance store credit cards. YOU can be the lender, just like on the house.
Remember though, these items were all left behind by your sellers, so they cost you nothing really.
So, when you are advertising your rent to own home, include two sets of terms. Rent to own, with and without these items. or, just offer it rent to own, without them, and advertise the items seperately.
I prefer to just advertise my homes with no appliances, and minimum accessories. Then, while at the house, we will have flyers advertising the “matching appliance set”, or “back yard garden shed”, or “Ceiling fan upgrade available throughout”.
Naturally, because I am a nice guy, I’ll sell the house rent to own, with money collect upfront, price locked in for the property, and most times, no extra money down for the household accessories. I will however collect a monthly fee for each item, basically selling the items along with the house. I recently (over the last couple years), changed my plans some.
Rather than collect seperate payments for refrigerators, stoves, washer/dryer sets, and being responsible for their repairs etc, possibly, we just began to offer the houses with one package for none, and another increased monthly rent amount, for the full accessorized deal. This way, the rent covered the appliance payments, and, we could not have a tenant/buyer default on rent payments, but keep up with appliance payments, causing issues upon eviction.
Another way to create profit centers, is thru referals for services.
Example: I have several properties we have sold on terms that use septic systems for waste disposal. These require maintenance in order to work well. I have a friend who happens to own a septic cleaning and repair service. By setting up getting tanks pumped on several properties annually, (the tenant buyers pay for this, since they must maintain their own home), the price is discounted to all who sign up. At the same time, I have a few rentals we hold with septic, and my buddy takes care of those, free of charge. He has even redone drain fields for me. He originally came to me as a landlord, seeking my business, and offerering me a referal fee for any others I sent his way. We worked out something different, but profitable for me, and him. win/win.
Other services, like lawn care, pool maintenance, etc. Use the same idea. I even used to have my kids do lawn work on some houses we sold rent to own, thus allowing them to make some money.
Remember, every item that comes with each house you purchase, has value. Even when you must clean out houses with debris left from previous occupants. That could be a small profit center. We once cleaned out a house that had been vacant and bank owned for over 5 years, and found many TREASURES. We located boxes in the storage areas of the house that contained silver, jewelry, coins, stamps, all kinds of things. We hired a local resale shop operator to clean out the house. Our deal was that she could clean out the entire house, inventory it, and keep 20% of whatever we could sell the items for. That time actually netted us several thousand dollars, due to the high quality antiques, etc, left in the vacant house.
Other times, simple items, like lawn mowers, and garden equiptment, all the way to recreational vehicles and boats, and yes, on occassion, cars.
I bought with a student, a LARGE, multi million dollar house, located in a private country club, on the green of the best golf course in the club. The seller left behind a few year old luxury sports car, in need of repair in the garage. We sold that car to an electrician, who reqorked the house, installed all new lighting, etc, in exchange for taking the car off our hands.
Another deal, we purchased a house on a lake, with a nice boat dock, pool, etc. Upper end area, but older. The sellers left behind a john boat, small sailboat, and older motorboat and water skis. We sold that entire package of items to one of the neighbors, for $4,000 in extra profit. In hindsight, should have sold it for a higher price and on terms. But, the profit was killer, because all of these items cost me nothing to obtain in the first place.
Another nice thing about items left in houses that cost you nothing to obtain, is that someone, somewhere, just might need those. You don’t always have to sell these items either. Some you may keep for yourself. (my kids collected old video games for years from my houses), and others, you may find someone in need to give the items too. We gave an entire house of used furniture to some neighbors who moved into a rental near us a few years ago. The week before moving into my area, they had lost their old house and all things inside to a fire. Profit there, for a good deed, infinite.
We also donate old toys we get to local churches and day care centers. Those large fischer price kitchen sets, and outdoor toys kids love so much when they are little, often get left behind during moves when the kids have outgrown them. They are also not cheap, so cleaning them up nice and giving them to deserving kids, just makes sense.
Last year, my kids and I cleaned out a house and found two older mountain bikes and a girls BMX bike left in the garage. Some cleaning, filling the tires with air, and oiling of chains made for three perfectly useable bicycles. At the same time, my neighbor had his grandkids move in with him. They were out in front of his house, frankly looking bored out of their skulls, daily after school. My kids and I noticed that all three kids were sharing one skateboard as their sole entertainment while out playing. Yes, you guessed it, we gave those bikes to the kids accross the street, and just today, I saw them riding them still. Profit there………infinite. Smiling kids are always a good thing.
One last example: Take a look at any repairs, or maintenance you are doing. Keep in mind, materials you remove, might just have some value. We did a house some years ago, it was brick, but the previous owner had installed aluminum siding over the brick. They had also surrounded the entire property with a rather expensive (UGLY) iron fence. Both had to go in order to make the house sell for top dollar.
We removed the fence, and the siding, selling the metal. From that, we obtained enough cash to pay to have the entire house painted, trim outside, soffet, facia, and interior as well, and still leave a few bucks in my pocket.
There are of course no limits as to how you can profit from your deals, as long as your mind is wide open. Remember, everything has a price, and someone, somewhere, needs that item, and is willing to purchase it…………if you make it easy for them to do so.
That’s it for today, this post has become a small book, sorry about that.
I will post some more money making ideas and deal scenarios in the next post.
Until then, Happy Investing,
Jim
a/k/a “The Biker Who Buys Houses”
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Happy Fourth of July! Financial Independence can be YOURS!
Posted by: | Comments
Hey Folks,
In order to celebrate July 4th, Independence day, I’m going go link here an offer.
As we celebreate FREEDOM in our country, please remember, the American Dream is ALIVE and WELL!
Let me help show you how to become financially FREE!
I have a FREE download available for you, as well as a “one time offer” for TODAY (this weekend) only.
Happy Birthday America!
God Bless the U.S.A.
Here is the FREE download! (includes a FREE mp3 of a LIVE seminar Jim gave in Florida, we well as the free “Subject to Quick Start Guide”)
And the “One Time Offer” where you can save over 50%!
The proper care and feeding of your subject to deals!
Posted by: | Comments
Hey folks,
Happy Fourth of July weekend! Independence Day!
As you celebrate freedom and liberty this weekend with your loved ones and friends, be sure to enjoy yourself. No matter your financial situation, the important things in life have nothing to do with money. As “they” say, money is not everything…………….BUT, it certainly can make life easier.
So, what do you plan to do to insure that you can enjoy the important things in life?
How about investing in real estate? Creating cash flow and profit from thin air? Building businesses that pretty much run themselves? Make your business secure, so that should you take no further action, it continues to run at a profit, and grow?
That my friends, is exactly what subject to investing can do for you.
There are multiple ways to exit from your deals, and each deal and your needs will dictate what, when, where and how you extract your profit.
Me? I prefer some cash now, with the majority of my profit coming over time. I like to create steady, reliable income streams, because this provides a lifestyle of freedom.
If you are already a student of my course materials, you should know that I don’t really focus on any one specific exit strategy. However, the main point in all the ways I exit my subject to deals is this, “Create the most profit*.
I do want to address one specific exit strategy today though, and that is the lease option, or rent to own. Many subject to course materials out there advise their readers to use lease option as an exit, and it does seem to be a common business model amoungst many investors.
There are also many folks teaching how to do lease options. This means there are multitudes of ideas, techniques, and methods employed, as well as paperwork combinations being discussed online and off on how to set up and manage a lease option transaction.
There are of course commonalities in each. A few examples might be………..
Most course authors, mentors, teachers and investors agree that when selling a property with a lease option, it is best to use two agreements. A stand alone option agreement, with language in it which terminates the option should a corresponding lease be defaulted upon. As well as a lease, which stands alone, as a rental/occupancy agreement. This is frankly, after being in the business a while, common sense.
Other rules of thumb if you want to call them that, would be option amounts, most course authors advise students to collect 3-5% upfront.
Aside from that, as far as I can tell, there is not a whole lot that I truly agree with, or run in common with others who promote using lease options as an exit strategy for subject to deals.
So, I thought we could address the proper use of a lease option as an exit strategy, as I teach and do.
First and foremost, you must obtain the correct mindset. This means to me, to ALWAYS remember, YOU are in control of your deals. When you sell using a lease option, the idea of course is to obtain the very best tenant buyers you can. This includes the homeownership mentality. These would be the type of folks who genuinely want to OWN the house, and will act like they do already from the moment they move in. The type of folks who will maintain your property with due care, and pay on time. By screening well, and collecting respectable amounts of money upfront, you will increase your chances of the tenant buyer actually purchasing the home. You will also be able to remain in control, as the entitlement attitude of typical renters can be avoided.
Next, before you allow perspective tenant buyers in to see the property, prepare the home. This means cover the basics. Clean the house, make sure everything works nice, and the home smells good. I don’t mean to paint and carpet every home, or do a remodel, just make sure what exists, is in working order and clean.
A few specific tips would be to use common household cleaning products like bleach and pine cleaner to make the house shine. Also, there are several very cheap ways to insure your home for sale on a lease option smells nice, the easiest being to buy those little electric outlet air fresheners. When we have a house for sale, after it is cleaned, we have those placed in very room of the house.
After this, before showings, arrive early, and make sure all lights are on, and the home is bright. One thing I like to do is to take along a pot of cinnamon oil and apple slices. We’ll place this on the stove about 30 minutes before the first scheduled arrival, and remove it before showing. This creates a nice homey apple pie smell, and frankly, relaxes me, and all who enter the house.
One common mistake I see investors making all the time is how to handle showings. Many will try to sell by doing open houses. Frankly, I am a firm believer that open houses were created by real estate agents to make home sellers feel better, and to create lists of potential buyers and future listings. Granted, nothing wrong with that really, it does work for those tasks. However, I cannot imagine myself sitting in a house for sale for hours, while curious neighbors and looky loos stop in seeking free food.
However, the concept can be adapted, and used properly to truly increase interest in your property, and often times, increase your profit as well.
I often hear about other investors who are busy all the time, when they have houses for sale, or for rent, because they run to the property everytime someone calls with even the slightest interest expressed. Me, I am too lazy for that approach.
Here is how I suggest you sell or rent your properties. Market like you always have, perhaps incorporate some of the marketing methods I teach, and really draw attention to your great available property. When people call to ask about it, and set up a time to see it, schedule multiple showings.
I’ll give you an example: At the moment I have some properties for sale on a rent to own basis, more than 3. So, when people call, we first identify which property they are calling about. (this often peaks their interest in what all we have available) After this, we tell them about the property, and the type of deal we are offering. (the basic terms of our rent to own program).
After this, I inform the caller that the property will be open for viewing on a specific day and time. Usually early evenings during the week, and early afternoon on weekends. I then collect the callers phone number, and ask them to call me to confirm they will be attending the viewing at least 45 minutes prior to our scheduled time. This procedure alone screens out most who are not that serious about the property. In addition, on the scheduled day for viewing the property, I sit down about an hour before and call all to confirm they will be there. I know from experience, even after doing that, 2 out of 5 will be no shows. When I set a day and time, the time will not be spot on. Meaning, if we show the house on thursday, “the property will be open for viewing between 6:30 pm and 7:00 pm. This allows for some staggering of arrivals, but insures that those who do arrive to see the house will not be alone.
There are multiple reasons for scheduling several potential tenant buyers to look at a property at once.
The main one being that, with many interested parties at the house at the same time, those who are TRULY motivated to buy/rent to own, and can afford the property, will get into a competition mode. A hunger develops often times, very much like at an auction. I’ve often advertised properties stating specific amounts needed as option money to move in, and collected as much as 4 times that amount, just because someone wanted the house before anyone else could get it.
Another benefit of multiple showings, or mini-open houses as we refer to them here in my office, is that you can collect information from potential buyers. Due to many people being present at once, I like to have a sign in sheet, with a feedback section on it. We have everyone in attendance sign in, leave their name, number, email, and comments about the house. I also pass out cards that advise folks that if this particular property does not meet their needs, they can go online and send us their specific buying criteria………and be notified first, when something matching that comes available. This is an easy way to build a buyers list, or add to an existing one.
I do prefer to conduct this type of showing when the home is vacant, but, will on rare occassions, use it when the sellers have not moved out yet, only we add some personell to the mix. Always, if you are showing a house before sellers have moved out, be sure to watch their personal belongings, etc while showing. Respect that even though they have sold to you, until they move, this is their home. It is also wise to not have the sellers present when doing showings, as they may not be the most helpful, and often times get in the way with their emotional attachment to the property. Remember, even though you must project confidence when selling your property, it is just the commodity in which you trade and sell to make your living. NEVER get attached to a property, or the outcome of a deal.
Now, when people are calling you asking about your house available rent to own, they will often have questions about how your program works. Because I am VERY busy, I don’t have time to be on the phone describing how our program works, the details of the property, and the terms, with every Tom, Dick and Harry. It’s not that customers and potential clients are not important, they are, there are just better ways to streamline the process.
When I advertise my houses rent to own, we of course place signs out for the property, on it, near it, pointing to it, and in the area. I also place signs and flyers inside the front facing windows of the property, in case outdoor advertising goes A.W.O.L. (its does sometimes, weather, vandals, competitors, Realtors)
My flyers for the property usually involve three things. We have the general information flyers that are single page, left inside the info tube by the sign in the yard. In addition, I’ll staple another flyer to the back of that, which is basically a “rent to own, what is it? and how does it work?” explanation.
The third type of flyer is one left taped to the front door, with pull tabs complete with address of the house, and contact info for me. This is because once in a while, the information tube will run out of flyers. I also advise checking your information flyers often. It is not unheard of for someone looking at your house, to remove ALL flyers, in an ill conceived notion that this will remove competitors ability to purchase or move in.
You may also want to include whatever application form you will be using at the property as well, with fax instructions for submitting it, and/or perhaps a flyer sending potential tenant buyers to an online source to complete your application.
I will paste a sample of my “rent to own, what is it? how does it work” flyer here for your review and use if you so desire. Naturally, make sure you place your contact info into the form before using it. You may also make changes and create your very own version taylored to your program. I will paste that at the bottom of this post.
Stay tuned for next time, when we discuss some very specific ways to increase your profit on each and every deal. I plan to make this a mini series of posts on selling your subject to deals with a lease option. Naturally, if you purchased your property for cash or with a mortgage in your own name, these methods will work as well.
Until then, Happy Independence Day America!
God Bless the U.S.A., and keep our troops safe!
Jim
Here is the sample Flyer I mentioned. Formatting will not be quite right, since I am pasting from a word document.
*RENT TO OWN, What is it and how does it work?
Leasing with an option to purchase is an excellent method to move from renting
a home to being an owner.
It offers many advantages over the traditional methods of purchasing a home.
No large down payment required.
Instead you pay an amount up-front called “option consideration”.
This amount, is generally small (3-5%of purchase price) and, locks in the
purchase price during the term and gives you the exclusive right to purchase the
property.
However, you are not required to purchase.
If you exercise the option, the option consideration is applied to the purchase
price.
If you do not exercise the option, it is not refundable.
This compensates the investor/owner for keeping the property off the market
during the term and for locking in a purchase price, regardless of whether home
values increase.
Rent payment history.
On time payment of rent shows responsibility;
This allows your rent money to be working for you, toward qualifying for a loan
when you go to purchase the home.
Profit from any appreciation during the term.
Time to check out the home and the neighborhood before buying.
No up-front loan qualification necessary.
In addition, when you decide to exercise your option to purchase, we work with
many different lenders, so we can work with you to help you obtain the best
financing for the best terms.
Allows time to save additional money for down payment, fix credit
problems, etc.
No taxes to pay during your lease term!
Quick move-in time. No lengthy waits to arrange closing.
Look today, move in right away, usually within a week if you want.
Frequently Asked Questions About Buying a House by Lease Option
Q: Why should I pay option consideration when I can just rent by paying a security deposit and get it back when I move?
A: When you rent, your rent money is not working for you; it just disappears
month after month. the option consideration allows you to move toward home
ownership while still keeping your payments affordable.
Q:What if I decide that I don’t want to buy the property?
A: You are not required to exercise the purchase option; however, the option
consideration is NOT REFUNDABLE should you decide not to buy.
Q: What if I need more time before buying at the end of the term?
A: In certain cases, it might be possible to renew the lease for another term.
This would require payment of additional option consideration, and could
require that the purchase price be renegotiated.
Q: What about utilities, property taxes, and homeowner’s insurance?
A: All utilities are the responsibility of the tenant/buyer.
Until you purchase, all taxes are paid by the seller.
In addition, we will maintain insurance on the structure and the grounds, but
you should consider obtaining renter’s insurance to protect the contents.
Q: What about maintenance?
A: The tenant/buyer is generally responsible for up keeping and repairs, This is
after all YOUR home. You are buying it.
Q: Where can I get more information?
A: If you have additional questions not answered here, please feel free to
contact me at:
what are YOU doing today?
Posted by: | CommentsHey Folks, (I wrote this Friday, while out)
What are YOU doing today? Enjoying the summer weather?
That’s what I’m doing today……the biker who buys houses, is actually out riding his bike, with his lovely bride.
Hot weather, cold beer, great company, nice bike.
Cannot beat today with a stick.
Folks, this is for me, what REI means to me…….freedom.
Today, it’s friday, the sun is shining, and I don’t feel like working.
However, as any full time investor will tell you, work follows you.
Thanks to cell phones, and laptops, no matter where I am (my laptop, wife and myself are at a sports bar now, taking calls, making deals and relaxing, all at once……..what a life!)
Sold a wholesale deal today, with a beer in my hand and lined up some new buyers for a couple of business ventures…………and now its time for some food, another ride, and yes, most likely another cold beer.
So, what are YOU up to today?
Having fun?
Enjoying your cubicle……..hiding my blog when the boss comes by?
Stop that!?!?!
Tell me what you are doing? Then ask yourself, what would you rather be doing?
I’m making it my personal mission this month to help no less than 5 people leave their jobs?
Are you one of them?
Sign up for mentoring, buy my course materials, or join the REI M.C., and we’ll get you there.
Stay tuned, some big things are coming in the next days.
Time for action……….
Jim
Loss! Fear of Loss! What’s the big deal?
Posted by: | CommentsHey Folks,
Sorry for my absence here somewhat lately. Been working diligently on some things, and frankly, dealing with some loss. Even though I am a relatively positive person, I am human, and can get down on occassion. I told my wife tonight, I wanted to work on a new article/blog post, and get something up for the readers. I had several ideas to cover and discuss, and then asked her opinion. She said, “Jim, you’ve been talking about loss all week, why not cover that?”
She, as always, was right on the mark. Two reasons really……..at this time in our country, there are enormous amounts of folks experiencing loss. Financial, and emotional, often times tied directly to one and other.
Me personally, recentyly, I lost a pet. I know, to some, this is not a big deal.
However, to most who are animal lovers, they know, losing a pet is losing a family member.
A few weeks ago, we put to rest our beloved Ike, he was almost 9 years old, a half black lab, half german shepherd dog. Working at home over the years of his life, I spent a lot of time with him. Even more so over the last couple of months while helping him try to beat his cancer. Of course,in the end, we lost that battle, but, we did manage to give him more time than the vet originally gave him.
While dealing with Ike, and his illness, I went thru many ups and downs emotionally. Trying to balance his tolerance for treatment, versus the effectiveness…..while trying my darndest to not be selfish. I basically relied on him to tell me when he needed things, and what to do. I made the right choice, as in the end, Ike told me it was time to go. He went peacefully and in my arms.
During all of this, I also tried to maintain my business. For me, this meant not only completing daily tasks that needed to be done, but to also work on new things. I’m always doing what I have done previously to make money. (repetition and consistency, the two keys to being successful)
However, I am also always trying new things as well. My mind goes numb if I don’t apply myself toward new ideas, ventures, and adventures. This is what Real Estate Investing has done for me. I have the time, and frankly, the network, to seek out new businesses, ideas, etc.
This has been my focus lately, seeking out non-performing businesses, and see what it would take to turn them around…..then buy them and do it. My main issue frankly, has been getting enough capital for some of the projects we have in mind. I’d rather not look into buying smaller mom and pop type businesses, because they are time intensive, and require the owners presence and work, to profit. In doing this though, I’ve realized, I’m losing out on some good opportunity. Rather than look at all businesses to purchase and keep for cashflow, why not buy them, and sell for cashflow.
Just like with houses, buy the businesses with seller financing, and carry paper as a wrap situation, to create profit/cashflow.
This brings me back to loss. In this economy, many folks are losing things, jobs, houses, businesses, cars, etc. The thing is, in this group of folks, many can afford other things, just not what they have now. Bare with me here, I’m getting to my point.
Example: Say Joe and Sally are employed, but, Joe lost his job that paid more, and now works for half of what he used to. As a result, they have lost their extra car to repo, and can barely make their house payments. They are thinking of renting, because they can afford to pay monthly, $400 less than their payment, and they will be okay. The problem is, in this market, to sell their house, they will most likely break even at close, if they can maintain the payments until the house sells. This is not a garuntee, as houses are taking months to sell in their price range.
Now, in the same school district, Bob and Betty are having the very same issues. Except, Bob and Betty have a house payment that is quite a bit less than Joe and Sally’s. The house is smaller, but still has 3 bedrooms and 2 baths.
Do you see what could happen here? I do, and this is one of the projects we are working on. I have my lawyer looking into this, because we need to most likely take ownership of these homes, and then sell to make profit. We cannot simply bring the parties together, because that would be brokering. I also see taking ownership as another way to increase profit.
Sort of a hybrid house trade program, accept we’ll basically offer to buy each house, subject to, or some creative method, then resell to folks who have income substantial enough to cover expenses and our profit.
Actually, the more I think about it, this will most likely be the way we market the program for buying. Not foreclosure prevention or avoidance, just a way to downsize to something affordable.
Pretty much working with the attitude change I’ve witnessed occuring in our country lately. Everyone pitching in to help where and when they can, as well as reaching out for help when times are tough.
I’ve done this type of thing before, but never really put it out there as a special program. Several houses I bought over the years, when the seller’s moved out, they moved into one of my rentals, or a rent to own house they could afford.
I even carry paper on a few now that are owned by folks who sold me their old homes.
Besides, the federal government is offering all kinds of neat incentives for folks to buy houses………and that does not mean they all need to be conventional sales.
Let your mind ponder this idea, and feel free to post up…………I’m much further along with this idea than indicated here, but wanted to throw out the original idea for some feedback, and discussion.
Loss? We all go thru it, it’s where and how we land, that makes the difference.
Me, I miss my Ike dog, every day, but don’t let it stop me from moving forward, and trying to help others who might be experiencing loss, or fearing it, to not just survive, but thrive after the fact.
See ya next post, keep the shiny side up, rubber side down,
Jim
Find Chuck Norris, google games!
Posted by: | CommentsHey Folks,
This is kind of silly, but, Blogs are supposed to be personal to an extent. A friend of mine told me to type into Google, find chuck norris and see what happens. I did, and you should too.
For those times when your in the office on hold, and need mindless entertainment, play around with google.
til later,
Jim
two Chapters Leaked! Holy Cow!
Posted by: | CommentsHey – this just got leaked about 10
minutes ago:
http://rementors.com/2chapters
It’s a brand new ebook put together by
my friend Dan Auito and and it’s
extremely good. I helped write one of the chapters
with Dan and several of my friends helped write the other
chapters as well.
In this ebook he literally maps out
the only systems that are working in
today’s real estate economy.
…And what’s really cool is the way
he explains it and makes it all so EASY
to understand.
You can actually download you f.ree
leaked chapter.
I’m sure you’ll like this and benefit
from the content …so check it out!
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